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Fimperkasa Utama Tbk PT (FIMP) Fair Value & Analysis

Industrials · ID · Market cap 27.6B IDR (≈ $2.8M) · ISIN ID1000160203

FU Fimperkasa Utama Tbk PT FIMP · JK
Price69.00 IDR
Fair Value38.05 IDR
Upside-44.9%
Quality61/100
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Strengths

Low debt · generates free cash flow

Risks

!Trades 81% ABOVE our fair value of 38.05 IDR
!Weak Growth (revenue 5y −0.4 %/yr)
!Mixed vs. peers (3/7)
!Narrow moat 10/100
Weak Growth (revenue 5y −0.4 %/yr)
Low debt · generates free cash flow
Mixed vs. peers (3/7)
Narrow moat 10/100
Evidence: Low Range 27.25 IDR – 48.85 IDR Share as image

Fair value as of: Aug 27, 2026

From 7 valuation models · updated 3 days ago

A solid business, but trading 81% above our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The price sits above even our optimistic bull case (48.85 IDR). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

137.00 IDR 28.00 IDR Fair Value 38.05 IDR Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range 28.00 IDR – 137.00 IDR · fair‑value band 27.25 IDR – 48.85 IDR · the 69.00 IDR price screens above the 38.05 IDR fair value. Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

Fimperkasa Utama Tbk PT (FIMP) currently trades at 69.00 IDR, while our model-based Fair Value estimate is 38.05 IDR, implying the stock looks roughly 44.9% overvalued today. The Quality Score stands at 61/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at 4.0B IDR. It earns a return on equity of -37.5%. The balance sheet holds a net cash position of 822M IDR. Fundamentals as of Aug 27, 2026

Our scenario range runs from 27.25 IDR (bear case) to 48.85 IDR (bull case); at 69.00 IDR, the current price sits above 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 39% below its 52-week high and 30% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -46% fair-value upside, at -45%, FIMP 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
FCF DCF 48.23 IDR 64.49 IDR 96.85 IDR 80
Growth DCF 50.13 IDR 66.05 IDR 95.06 IDR 79
5Y Revenue Exit 34.27 IDR 45.42 IDR 62.18 IDR 73
All 7 models by family
DCF Models
FCF DCF 48.23 IDR 64.49 IDR 96.85 IDR 80
5Y Revenue Exit 34.27 IDR 45.42 IDR 62.18 IDR 73
10Y Revenue Exit 38.62 IDR 48.78 IDR 59.86 IDR 68
Multiples
EV/Revenue 27.71 IDR 38.51 IDR 49.31 IDR 54
Asset-Based
NCAV (Graham) 26.55 IDR 35.58 IDR 53.11 IDR 54
Growth DCF
Growth DCF 50.13 IDR 66.05 IDR 95.06 IDR 79
Rev-Margin DCF 34.27 IDR 46.47 IDR 62.23 IDR 73

Widest divergence: DCF Models (48.78 IDR) versus Asset-Based (35.58 IDR). Highest evidence: FCF DCF (80).

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Key figures & financial health

P/S ratio 6.90 TTM
EPS (TTM) -2.34 IDR
Net margin -245% TTM
Return on equity -37.5% TTM
Return on assets (EBIT) -3.6% avg 5y
Operating margin -79.9% TTM
More key figures
Growth
Revenue (TTM) 4.0B IDR TTM
EPS growth (YoY) +112%
Balance sheet & cash flow
Free cash flow 1.8B IDR FY2024
Net cash 822M IDR FY2025

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 63 · Market factors (momentum, volatility) 56

Profitability 3
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 91
Earnings quality: real cash, not paper profit
Fin. Strength 78
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 33
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

PT Fimperkasa Utama Tbk engages in the construction service business in Indonesia. The company engages in housing and home office construction projects; warehouse construction; cut and fill construction roads; and parking land and toll road projects. It also operates as a build research facility automotive manufacturer.

Full company description

PT Fimperkasa Utama Tbk engages in the construction service business in Indonesia. The company engages in housing and home office construction projects; warehouse construction; cut and fill construction roads; and parking land and toll road projects. It also operates as a build research facility automotive manufacturer. The company was founded in 1993 and is headquartered in Jakarta Pusat, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Fimperkasa Utama Tbk PT reported revenue of 8.0B IDR in FY2025 versus 6.1B IDR in FY2021, a compound +7.0%/yr. Reported net income was −19.6B IDR in FY2025.

Growth Quality 33/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
8.0B IDR
Latest YoY
+36.4%
Avg. revenue 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.
+6.9%
Avg. revenue 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.
−0.4%
Avg. revenue growth/yr (7Y) 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.
−16.1%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +7.0%/yr
FY21 6.1B IDR
FY22 6.5B IDR
FY23 7.2B IDR
FY24 5.9B IDR
FY25 8.0B IDR
Net income
FY21 −935M IDR
FY22 546M IDR
FY23 642M IDR
FY24 310M IDR
FY25 −19.6B IDR

FIMP screens 81% overvalued. Compare with Quanta Services, Inc →

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Cite: Fair Value Calculator (2026). "Fimperkasa Utama Tbk PT Fair Value". https://www.fairvalue-calculator.com/stock/FIMP

Peer Group

Engineering & Construction · 839 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 61 · Top 25%
Fair Value upside −45% · Below median
Return on assets -6% · Bottom 25%
Operating margin (TTM) -80% · Bottom 25%

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/FCF 0.0× · Cheaper 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 16
FUTURE0 · sector 13
PAST0 · sector 26
HEALTH100 · sector 94
DIVIDEND0 · sector 39

VALUE 0: the price sits above our fair-value range.

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

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
Quanta Services, Inc PWR $616.73 $143.92 -77%
Vinci SA DG €114.35 €185.62 +62%
Comfort Systems USA, Inc FIX $1,615 $519.97 -68%
Larsen & Toubro Limited LT ₹4,072 ₹2,196 -46%
Ferrovial N.V FER €57.28 €19.17 -67%
HOCHTIEF Aktiengesellschaft HOT €426.40 €203.87 -52%
Samsung C&T Corporation 028260 357,500 KRW 261,411 KRW -27%
EMCOR Group EME $775.04 $549.47 -29%
MasTec, Inc MTZ $248.73 $100.00 -60%
Bouygues SA EN €46.65 €65.67 +41%

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Frequently asked questions

Is Fimperkasa Utama Tbk PT (FIMP) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of 38.05 IDR versus a price of 69.00 IDR, about −45% (overvalued).
What is the fair value of FIMP?
Our model-based fair value for Fimperkasa Utama Tbk PT is 38.05 IDR (as of Aug 27, 2026), built from audited fundamentals. The current price: 69.00 IDR.
What is the quality score of FIMP?
Fimperkasa Utama Tbk PT has a Quality Score of 61/100. 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 Fimperkasa Utama Tbk PT (FIMP)?
Fimperkasa Utama Tbk PT reported trailing-twelve-month revenue of about 4.0B IDR (latest available figure, as of Aug 27, 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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