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PT Ever Shine Tex Tbk (ESTI) Fair Value & Analysis

Consumer Cyclical · ID · Market cap 260B IDR

PE PT Ever Shine Tex Tbk ESTI · JK
Price176.00 IDR
Fair Value179.60 IDR
Upside+2.1%
Quality56/100
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Healthy Growth
Thin margins · 3.6% net margin
Low debt · generates free cash flow
1.53% dividend yield
Ranks above peers (7/11)
Narrow moat 35/100
Evidence: High Range 179.60 IDR – 359.20 IDR Share as image

Fair value as of: Jul 20, 2026

From 22 valuation models · updated 21 days ago

Fair value updated Jul 20, 2026, revised from 180.94 IDR to 179.60 IDR (−0.7%) since Jul 15, 2026. Share price +38.6% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price is below even our cautious bear case (179.60 IDR). The market is more pessimistic than our downside scenario.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (179.60 IDR to 359.20 IDR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

281.42 IDR 23.83 IDR Fair Value 179.60 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range 23.83 IDR – 281.42 IDR · fair‑value band 179.60 IDR – 359.20 IDR · the 176.00 IDR price screens below the 179.60 IDR fair value. Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

PT Ever Shine Tex Tbk (ESTI) currently trades at 176.00 IDR, while our model-based Fair Value estimate is 179.60 IDR, implying the stock looks roughly 2.1% fairly valued today. The Quality Score stands at 56/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, PT Ever Shine Tex Tbk generated revenue of 453B IDR at a net margin of 3.6%. Revenue declined 6.7% year over year. It earns a return on equity of 7.1%. Net debt stands at 13.4M IDR. Fundamentals as of Jul 20, 2026

Our scenario range runs from 179.60 IDR (bear case) to 359.20 IDR (bull case); at 176.00 IDR, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 47% below its 52-week high, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -27% fair-value upside, at 2%, ESTI screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF 179.60 IDR 179.60 IDR 80
Residual Income 179.60 IDR 179.60 IDR 179.60 IDR 76
Rev-Margin DCF 179.60 IDR 179.60 IDR 359.20 IDR 74
All 22 models by family
DCF Models
FCF DCF 179.60 IDR 179.60 IDR 38
Owner Earnings 179.60 IDR 359.20 IDR 359.20 IDR 31
5Y Revenue Exit 179.60 IDR 179.60 IDR 359.20 IDR 39
5Y EBITDA Exit 179.60 IDR 359.20 IDR 538.80 IDR 41
5Y P/E Exit 179.60 IDR 179.60 IDR 179.60 IDR 38
10Y Revenue Exit 179.60 IDR 179.60 IDR 179.60 IDR 36
10Y EBITDA Exit 179.60 IDR 179.60 IDR 359.20 IDR 37
10Y P/E Exit 179.60 IDR 179.60 IDR 179.60 IDR 35
Earnings-Based
Graham-Dodd 179.60 IDR 54
EPV 179.60 IDR 179.60 IDR 179.60 IDR 59
Multiples
P/E Multiple 179.60 IDR 179.60 IDR 359.20 IDR 63
P/S Multiple 179.60 IDR 179.60 IDR 179.60 IDR 58
P/B Multiple 179.60 IDR 179.60 IDR 179.60 IDR 55
EV/EBIT 179.60 IDR 359.20 IDR 359.20 IDR 53
EV/EBITDA 359.20 IDR 538.80 IDR 538.80 IDR 54
EV/Revenue 179.60 IDR 179.60 IDR 359.20 IDR 43
Asset-Based
NCAV (Graham) 179.60 IDR 179.60 IDR 50
Growth DCF
Growth DCF 179.60 IDR 179.60 IDR 80
Rev-Margin DCF 179.60 IDR 179.60 IDR 359.20 IDR 74
Economic Profit
Residual Income 179.60 IDR 179.60 IDR 179.60 IDR 76
ROIC Compounder 179.60 IDR 179.60 IDR 179.60 IDR 72
Growth Earnings
Growth-Adj P/E 179.60 IDR 179.60 IDR 179.60 IDR 68

Widest divergence: DCF Models (179.60 IDR) versus DCF Models (179.60 IDR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 453B IDR
Revenue growth (YoY) -6.7%
Net margin 3.6%
Return on equity 7.1%
Free cash flow 807K IDR FY2025
P/E ratio 129,000.0
More key figures
Operating margin 6.9%
EPS (TTM) 0.0010 IDR
Dividend yield 1.5%
EPS growth (YoY) -52.9%
Net debt 13.4M IDR FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 54 · Market factors (momentum, volatility) 61

Profitability 29
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 57
Balance sheet, leverage, solvency risk
Investment 83
Disciplined investing over empire-building
Low Volatility 46
Calm price path (market factor)
Momentum 63
Price trend over the last 3–12 months (market factor)
52W Momentum 74
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

PT Ever Shine Tex Tbk manufactures and sells textile products in Indonesia and internationally. The company offers yarn products, including polyamide 6 yarns, nylon filament yarns, nylon textured yarns, and nylon textured twist products for use in elastics, brocades, socks, ribbons, shoelaces, and sewing threads; woven products consisting of nylon and …

Full company description

PT Ever Shine Tex Tbk manufactures and sells textile products in Indonesia and internationally. The company offers yarn products, including polyamide 6 yarns, nylon filament yarns, nylon textured yarns, and nylon textured twist products for use in elastics, brocades, socks, ribbons, shoelaces, and sewing threads; woven products consisting of nylon and polyester fabrics for use in bed sheets, blouses, jackets, pillowcase, shirts, and suits; and wrap knit, finishing, and coating products for use in shoes, helmets, sweaters, and mosquito nets. Its products are used for jackets, sport wear, children's wear, outerwear, ladies' wear, underwear, lingerie, wedding wear, ribbons, home furnishings, decorations, bags, automotive, and other applications. The company exports its products. The company was founded in 1973 and is headquartered in Jakarta, Indonesia. PT Ever Shine Tex Tbk is a subsidiary of PT Cahaya Interkontinental.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Ever Shine Tex Tbk reported revenue of 26.8M IDR in FY2025 versus 30.7M IDR in FY2021, a compound −3.3%/yr. Reported net income was 1.1M IDR in FY2025, compounding −8.7%/yr from FY2021.

Growth Quality 62/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
26.8M IDR
Latest YoY
+3.9%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−2.0%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+2.3%
Avg. growth/yr (25Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−32.7%
Revenue −3.3%/yr
FY21 30.7M IDR
FY22 28.6M IDR
FY23 22.3M IDR
FY24 25.8M IDR
FY25 26.8M IDR
Net income −8.7%/yr
FY21 1.6M IDR
FY22 66.4K IDR
FY23 1.3M IDR
FY24 675K IDR
FY25 1.1M IDR

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Cite: Fair Value Calculator (2026). "PT Ever Shine Tex Tbk Fair Value". https://www.fairvalue-calculator.com/stock/ESTI

Peer Group

Textile Manufacturing · 307 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 56 · Above median
Fair Value upside +2% · Above median
Return on equity (TTM) 7% · Above median
Return on assets 3% · Above median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth -7% · Below median
Dividend yield (TTM) 1.5% · Below median

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/B 1.47× · Pricier than median
P/FCF 32.2× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 36 · sector 8
FUTURE 0 · sector 0
PAST 28 · sector 15
HEALTH 100 · sector 95
DIVIDEND 31 · sector 34

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
Shenzhou International Group 2313 HK$44.40 HK$75.65 +70%
Tongkun Group 601233 ¥23.56 ¥14.53 -38%
Inner Mongolia ERDOS Resources Co 600295 ¥12.04 ¥14.35 +19%
Far Eastern New Century Corporation 1402 27.55 TWD 28.72 TWD +4%
K.P.R. Mill Limited KPRMILL ₹1,083 ₹467.49 -57%
HMT (Xiamen) New Technical Materials Co 603306 ¥78.00 ¥11.85 -85%
Zhejiang Orient Holdings 600120 ¥5.18 ¥2.21 -57%
Vardhman Textiles Limited VTL ₹602.20 ₹437.53 -27%
Isiklar Enerji ve Yapi Holding IEYHO 174.20 TRY 323.84 TRY +86%
Shandong Fiberglass Group 605006 ¥16.75 ¥6.42 -62%

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Frequently asked questions

Is PT Ever Shine Tex Tbk (ESTI) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 179.60 IDR versus a price of 176.00 IDR, about +2% (fairly valued).
What is the fair value of ESTI?
Our model-based fair value for PT Ever Shine Tex Tbk is 179.60 IDR (as of Jul 20, 2026), built from audited fundamentals. The current price is 176.00 IDR.
What is the quality score of ESTI?
PT Ever Shine Tex Tbk has a Quality Score of 56/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of PT Ever Shine Tex Tbk (ESTI)?
PT Ever Shine Tex Tbk reported trailing-twelve-month revenue of about 453B IDR (latest available figure, as of Jul 20, 2026).
What is the net profit margin of ESTI?
The net profit margin of PT Ever Shine Tex Tbk is about 3.6%, meaning it keeps roughly 3.6% of revenue as net income. Based on the latest reported figures.
Does PT Ever Shine Tex Tbk pay a dividend?
PT Ever Shine Tex Tbk currently shows a dividend yield of about 1.53% relative to its recent price (as of Jul 20, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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