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PT Aksara Global Development Tbk (GAMA) Fair Value & Analysis

Real Estate · ID · Market cap 180B IDR

PA PT Aksara Global Development Tbk GAMA · JK
Price18.00 IDR
Fair Value21.99 IDR
Upside+22.2%
Quality89/100
Evidence: Low Range 14.51 IDR – 27.49 IDR

Fair value as of: Jun 26, 2026

From 1 valuation models · updated 3 days ago

Price vs Fair Value (12 months)

18.00 IDR 18.00 IDR Fair Value 21.99 IDR Jun 2025 Jun 2026

12‑month range 18.00 IDR – 18.00 IDR · fair‑value band 14.51 IDR – 27.49 IDR · the 18.00 IDR price screens below the 21.99 IDR fair value. As of Jun 26, 2026.

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Analysis

PT Aksara Global Development Tbk (GAMA) currently trades at 18.00 IDR, while our model-based Fair Value estimate is 21.99 IDR — implying the stock looks roughly 22.2% undervalued today. We read business quality at 89/100 (high quality), in the Real Estate 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: low) — always confirm before acting.

Trailing-twelve-month revenue stands at 18.0B IDR. Revenue declined 79.0% year over year. It earns a return on equity of -3.3%. Net debt stands at 121B IDR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 18.0B IDR
Revenue growth (YoY) -79.0%
Net margin -191%
Return on equity -3.3%
Free cash flow −38.1B IDR FY2021
Operating margin -219%
More key figures
EPS (TTM) -3.43 IDR
EPS growth (YoY) -98.2%
Net debt 121B IDR FY2021

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

PT Aksara Global Development Tbk develops real estate properties in Indonesia. It operates through Apartments and Houses segments. The company's property portfolio includes land, apartments, shop houses, houses, and other properties. It also constructs buildings, bridges, roads, docks, housing buildings, schools, recreational parks, market or modern markets, hospitals, and other buildings; and offers consultation service in the areas of business and management, property, architecture, landscape, design and interior, civil, property agent, and others. In addition, the company is involved in export and import, and wholesale trading activities; and the manufacture of building materials and construction tools. It serves middle-class income families in second-tier cities and urban areas. The company was formerly known as PT Gading Development Tbk and changed its name to PT Aksara Global Development Tbk in September 2018. The company was founded in 2003 and is headquartered in South Tange…

Revenue & earnings trend

FY2017 – FY2021 · reported fiscal years

PT Aksara Global Development Tbk reported revenue of 24.9B IDR in FY2021 versus 66.6B IDR in FY2017, a compound −21.8%/yr. Reported net income was −17.9B IDR in FY2021.

Revenue −21.8%/yr
FY17 66.6B IDR
FY18 77.5B IDR
FY19 74.2B IDR
FY20 40.3B IDR
FY21 24.9B IDR
Net income
FY17 222M IDR
FY18 1.2B IDR
FY19 1.7B IDR
FY20 −13.2B IDR
FY21 −17.9B IDR

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Similar stocks

6 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Vinhomes Joint Stock Company VHM 146,800 VND 367,000 VND +150%
DLF Limited DLF ₹577.70 ₹263.02 -54%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,325 IDR 1,330 IDR -79%
Lodha Developers Limited LODHA ₹894.45 ₹721.45 -19%
Oberoi Realty Limited OBEROIRLTY ₹1,633 ₹1,368 -16%
Godrej Properties Limited GODREJPROP ₹1,708 ₹2,070 +21%

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Frequently asked questions

Is PT Aksara Global Development Tbk (GAMA) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 21.99 IDR versus a price of 18.00 IDR — about +22% (undervalued). Model-based estimate, not financial advice.
What is the fair value of GAMA?
Our 21-model fair value for PT Aksara Global Development Tbk is 21.99 IDR (as of Jun 26, 2026), built from audited fundamentals. The current price is 18.00 IDR.
What is the quality score of GAMA?
PT Aksara Global Development Tbk has a Quality Score of 89/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PT Aksara Global Development Tbk (GAMA)?
PT Aksara Global Development Tbk reported trailing-twelve-month revenue of about 18.0B IDR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of GAMA?
The net profit margin of PT Aksara Global Development Tbk is about -191.2%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.