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PT Galva Technologies Tbk (GLVA) Fair Value & Analysis

Technology · ID · Market cap 432B IDR

PG PT Galva Technologies Tbk GLVA · JK
Price308.00 IDR
Fair Value408.76 IDR
Upside+32.7%
Quality62/100
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Weak Growth
Thin margins · 1.5% net margin
Low debt · generates free cash flow
Ranks above peers (10/14)
Narrow moat 36/100
Evidence: Medium Range 288.71 IDR – 555.11 IDR Share as image

Fair value as of: Jul 15, 2026

From 26 valuation models · updated 26 days ago

Fair value updated Jul 15, 2026, revised from 452.88 IDR to 408.76 IDR (−9.7%) since Jun 24, 2026. Share price +5.5% over the past month.

A solid business, screening 33% undervalued on our models.

What matters now

  • Solid quality (62/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (288.71 IDR to 555.11 IDR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

880.33 IDR 207.65 IDR Fair Value 408.76 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range 207.65 IDR – 880.33 IDR · fair‑value band 288.71 IDR – 555.11 IDR · the 308.00 IDR price screens below the 408.76 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

PT Galva Technologies Tbk (GLVA) currently trades at 308.00 IDR, while our model-based Fair Value estimate is 408.76 IDR, implying the stock looks roughly 32.7% undervalued today. The Quality Score stands at 62/100 (solid quality), in the Technology 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: medium), always confirm before acting.

Over the trailing twelve months, PT Galva Technologies Tbk generated revenue of 1.9T IDR at a net margin of 1.5%. Revenue declined 3.3% year over year. It earns a return on equity of 7.6%. Net debt stands at 265B IDR. Fundamentals as of Jul 15, 2026

Our scenario range runs from 288.71 IDR (bear case) to 555.11 IDR (bull case); at 308.00 IDR, the current price sits within 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 46% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -33% fair-value upside, at 33%, GLVA 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 9,444 IDR 19,405 IDR 39,109 IDR 80
Residual Income 234.61 IDR 254.58 IDR 319.65 IDR 76
Rev-Margin DCF 2,936 IDR 4,113 IDR 5,800 IDR 74
All 26 models by family
DCF Models
FCF DCF 9,852 IDR 17,165 IDR 38,413 IDR 38
Owner Earnings 568.72 IDR 1,246 IDR 2,719 IDR 31
5Y Revenue Exit 2,936 IDR 3,822 IDR 5,207 IDR 39
5Y EBITDA Exit 3,083 IDR 4,141 IDR 5,798 IDR 41
5Y P/E Exit 2,953 IDR 4,059 IDR 5,201 IDR 38
10Y Revenue Exit 4,882 IDR 6,948 IDR 8,701 IDR 36
10Y EBITDA Exit 4,999 IDR 7,227 IDR 10,396 IDR 37
10Y P/E Exit 4,906 IDR 6,979 IDR 9,812 IDR 35
Earnings-Based
Graham-Dodd 153.98 IDR 1,057 IDR 1,483 IDR 54
Lynch FV 311.15 IDR 444.50 IDR 577.85 IDR 50
PEG = 1.0 311.15 IDR 444.50 IDR 577.85 IDR 46
EPV 315.56 IDR 361.47 IDR 402.29 IDR 59
Dividend Discount
Gordon GGM 144.29 IDR 315.00 IDR 530.00 IDR 70
DDM Multi-Stage 144.29 IDR 258.04 IDR 328.28 IDR 61
Multiples
P/E Multiple 339.66 IDR 452.88 IDR 566.10 IDR 63
P/S Multiple 288.71 IDR 384.95 IDR 481.19 IDR 58
P/B Multiple 288.71 IDR 384.95 IDR 481.19 IDR 55
EV/EBIT 494.40 IDR 640.75 IDR 787.09 IDR 53
EV/EBITDA 576.70 IDR 750.48 IDR 924.26 IDR 54
EV/Revenue 351.31 IDR 478.14 IDR 604.98 IDR 43
Asset-Based
NCAV (Graham) 136.64 IDR 183.10 IDR 273.28 IDR 50
Growth DCF
Growth DCF 9,444 IDR 19,405 IDR 39,109 IDR 80
Rev-Margin DCF 2,936 IDR 4,113 IDR 5,800 IDR 74
Economic Profit
Residual Income 234.61 IDR 254.58 IDR 319.65 IDR 76
ROIC Compounder 352.98 IDR 496.41 IDR 619.99 IDR 72
Growth Earnings
Growth-Adj P/E 419.29 IDR 598.98 IDR 778.68 IDR 68

Widest divergence: DCF Models (4,141 IDR) versus Asset-Based (183.10 IDR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.9T IDR
Revenue growth (YoY) -3.3%
Net margin 1.5%
Return on equity 7.6%
Free cash flow 891B IDR FY2025
P/E ratio 9.7
More key figures
Operating margin 3.7%
EPS (TTM) 32.87 IDR
EPS growth (YoY) -45.2%
Net debt 265B IDR FY2025

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 64 · Market factors (momentum, volatility) 37

Profitability 47
Margins and returns on capital today
Quality Growth 16
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 59
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 22
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 Galva Technologies Tbk supplies electronic products for corporate clients in Indonesia. It operates through three segments: IT Distribution, Business Solutions, and Document Solutions.

Full company description

PT Galva Technologies Tbk supplies electronic products for corporate clients in Indonesia. It operates through three segments: IT Distribution, Business Solutions, and Document Solutions. It offers commercial display products, such as large-format display screens and digital signage; computers, projectors, and accessories; content creation products, including broadcast systems for TV channels; document solutions, such as document receiving, document scanning, data capture, indexing, policy printing production, document management system, and record management; and alarms, such as fire detection and advanced voice alarm. The company also provides medical devices to capture and view medical images from cameras and 4K surgical monitors; medical documentation products that include recorders, printers, and print media items; pro audio solutions; public address and communication solutions; and security systems, including scalable video and network cameras for security and surveillance applications. Additionally, it offers printer leasing services. The company was founded in 1991 and is headquartered in Jakarta Pusat, Indonesia. PT Galva Technologies Tbk operates as a subsidiary of PT Elsiscom Prima Karya.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Galva Technologies Tbk reported revenue of 1.9T IDR in FY2025 versus 1.7T IDR in FY2021, a compound +2.6%/yr. Reported net income was 34.0B IDR in FY2025, compounding −3.8%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.9T IDR
Latest YoY
−16.0%
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.
−5.9%
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.
+0.0%
Avg. growth/yr (9Y) 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.
+51.3%
Revenue +2.6%/yr
FY21 1.7T IDR
FY22 2.3T IDR
FY23 2.1T IDR
FY24 2.3T IDR
FY25 1.9T IDR
Net income −3.8%/yr
FY21 39.7B IDR
FY22 79.3B IDR
FY23 73.1B IDR
FY24 76.2B IDR
FY25 34.0B IDR

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Cite: Fair Value Calculator (2026). "PT Galva Technologies Tbk Fair Value". https://www.fairvalue-calculator.com/stock/GLVA

Peer Group

Electronics & Computer Distribution · 151 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 62 · Above median
Fair Value upside +33% · Top 25%
Return on equity (TTM) 8% · Below median
Return on assets 4% · Above median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 4% · Above median
Revenue growth -3% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Electronics & Computer Distribution median · lower = cheaper

P/E (TTM) 8.8× · Cheaper than 75% of peers
P/B 1.05× · Cheaper than median
P/S (TTM) 0.22× · Cheaper than median
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 3.3× · 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.

VALUE 77 · sector 14
FUTURE 0 · sector 57
PAST 31 · sector 36
HEALTH 99 · sector 98
DIVIDEND 0 · sector 39

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 Electronics & Computer Distribution stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
TD SYNNEX Corporation SNX $251.52 $207.02 -18%
Unisplendour Corporation 000938 ¥38.59 ¥11.79 -69%
Rexel S.A RXL €38.59 €33.31 -14%
Arrow Electronics, Inc ARW $204.10 $115.40 -43%
Avnet, Inc AVT $87.13 $58.57 -33%
WPG Holdings 3702 106.50 TWD 102.31 TWD -4%
Shenzhen Huaqiang Industry Co 000062 ¥22.37 ¥7.52 -66%
Synnex Technology International Corporation 2347 85.30 TWD 86.30 TWD +1%
Nanjing Sunlord Electronics Corporation 300975 ¥37.37 ¥8.60 -77%
Beijing Tricolor Technology Co 603516 ¥106.52 ¥23.39 -78%

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Frequently asked questions

Is PT Galva Technologies Tbk (GLVA) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 408.76 IDR versus a price of 308.00 IDR, about +33% (undervalued).
What is the fair value of GLVA?
Our model-based fair value for PT Galva Technologies Tbk is 408.76 IDR (as of Jul 15, 2026), built from audited fundamentals. The current price is 308.00 IDR.
What is the quality score of GLVA?
PT Galva Technologies Tbk has a Quality Score of 62/100. 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 Galva Technologies Tbk (GLVA)?
PT Galva Technologies Tbk reported trailing-twelve-month revenue of about 1.9T IDR (latest available figure, as of Jul 15, 2026).
What is the net profit margin of GLVA?
The net profit margin of PT Galva Technologies Tbk is about 1.5%, meaning it keeps roughly 1.5% of revenue as net income. 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.

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