PT Hero Global Investment Tbk (HGII) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of PT Hero Global Investment Tbk stock IDR 72, price IDR 129, that is 43.9% below the price, quality 60 out of 100. Rating: strongly overvalued. Calculated from audited financials with 20 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
22‑month range 111.62 IDR – 224.26 IDR · fair‑value band 63.12 IDR – 75.70 IDR · the 129.00 IDR price screens above the 72.33 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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PT Hero Global Investment Tbk an independent power producer company, provides renewable energy solutions in Indonesia. It operates through two segments: Minihydro Power Plants and Others. The company operates hydro and biogas power plants.
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It also provides construction, holding, and management consulting services. PT Hero Global Investment Tbk was founded in 2010 and is headquartered in Jakarta Selatan, Indonesia.
Stock analysis
PT Hero Global Investment Tbk (HGII) currently trades at 129.00 IDR, while our model-based Fair Value estimate is 72.33 IDR, 44% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 72.57 IDR per share, and 1 of the 20 models we run sit above the 129.00 IDR price.
Bear case: the Asset-Based group reads lowest at 24.79 IDR, and 19 of the 20 models stay below the price. Data coverage for this calculation is low.
Scenario range: 63.12 IDR (bear) to 75.70 IDR (bull), the price of 129.00 IDR sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 60/100 (solid quality), in the Utilities sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
PT Hero Global Investment Tbk reported revenue of 63.0B IDR in FY2025 versus 91.7B IDR in FY2022, a compound −11.8%/yr. Reported net income was 17.1B IDR in FY2025, compounding −10.6%/yr from FY2022.
Key figures
Market cap 839B IDR (≈ $46.6M) Micro · P/S ratio 13.1 · Dividend yield 0.3% · Net margin 27.2% · Return on equity 2.3% · Return on assets (EBIT) 6.0% (4-year average) · Operating margin 40.2% · Revenue (TTM) 64.2B IDR.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 62 out of 100 (low confidence).
What moves the price
The share trades about 28% below its 52-week high and 16% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −52% fair-value upside, at −44%, HGII screens cheaper than that median.
Fair Value models
Bear63.12 IDRFair Value 72.33 IDRBull75.70 IDR
Price 129.00 IDR · Downside -43.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−33.9%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−11.8%
’22
’23
’24
’25
What shareholders gained per year (last 3 years), in IDR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in IDR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−10.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−11.0%
Dividend (yield on the price)0.3%
Profit margin 2022 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.53% → 36%
Compare PT Hero Global Investment Tbk with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Utilities - Renewable · 196 stocks
Beats the industry median on 7/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score60 · Top 25%
Fair Value upside−43.9% · Below median
Profitability
Return on equity (12 months)2.3% · Below median
Return on assets1.8% · Above median
Net margin (12 months)27.2% · Top 25%
Operating margin (12 months)40.2% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)27.5% · Top 25%
Dividend yield (12 months)0.3% · Bottom 25%
Balance sheet
Debt / equity0.10× · Lowest 25%
Valuation Multiplesvs Utilities - Renewable median · lower = cheaper
P/B1.12× · Cheaper than median
P/S (12 months)13.06× · Priciest 25%
EV/EBITDA27.5× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 15
FUTURE (revenue growth)100· sector 15
PAST (return on equity)9· sector 12
HEALTH (low debt)95· sector 70
DIVIDEND (yield)7· sector 47
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "PT Hero Global Investment Tbk Fair Value". https://www.fairvalue-calculator.com/stock/HGII
Frequently asked questions
Is PT Hero Global Investment Tbk (HGII) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 72.33 IDR versus a price of 129.00 IDR, about 44% lower (overvalued).
What is the fair value of HGII?
Our model-based fair value for PT Hero Global Investment Tbk is 72.33 IDR (as of Nov 7, 2026), built from audited fundamentals. The current price: 129.00 IDR.
What is the quality score of HGII?
PT Hero Global Investment Tbk has a Quality Score of 60/100. 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 price target for PT Hero Global Investment Tbk (HGII)?
Our model-based price target is the fair value of 72.33 IDR (as of Nov 7, 2026) from 20 valuation models. Cautious scenario 63.12 IDR, optimistic scenario 75.70 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the PT Hero Global Investment Tbk stock forecast for 2026?
Our models put fair value at 72.33 IDR, about 44% lower versus a price of 129.00 IDR (overvalued). Cautious scenario 63.12 IDR, optimistic scenario 75.70 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of PT Hero Global Investment Tbk (HGII)?
PT Hero Global Investment Tbk reported trailing-twelve-month revenue of about 64.2B IDR (latest available figure, as of Nov 7, 2026).
Does PT Hero Global Investment Tbk pay a dividend?
PT Hero Global Investment Tbk currently shows a dividend yield of 0.33% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of PT Hero Global Investment Tbk (HGII) and when is the ex-dividend date?
PT Hero Global Investment Tbk pays a dividend of 0.43 IDR per share a year, a dividend yield of 0.3%. The last ex-dividend date was Jun 23, 2026. The payout ratio is 16.4% of earnings. Free cash flow covers the dividend 11.21 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What is the intrinsic value of PT Hero Global Investment Tbk (HGII)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For PT Hero Global Investment Tbk it is 72.33 IDR per share (as of Nov 7, 2026), against a price of 129.00 IDR. It is the blended result of 20 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is PT Hero Global Investment Tbk stock overvalued or undervalued in 2026?
As of Nov 7, 2026, HGII trades above its calculated fair value: price 129.00 IDR, fair value 72.33 IDR, a gap of about −44% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of HGII?
No. The price is what the market pays today (129.00 IDR); the fair value is what the company's own numbers justify (72.33 IDR). For PT Hero Global Investment Tbk the two are 56.67 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is PT Hero Global Investment Tbk worth?
The market values PT Hero Global Investment Tbk at about 839B IDR (market capitalisation, as of Nov 7, 2026). Per share that is 129.00 IDR; our models calculate a fair value of 72.33 IDR per share.
What do the bullish and bearish scenarios say about HGII?
Our models span a range for PT Hero Global Investment Tbk: cautious scenario 63.12 IDR, base 72.33 IDR, optimistic 75.70 IDR per share (as of Nov 7, 2026, price 129.00 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of PT Hero Global Investment Tbk (HGII)?
Balance-sheet figures for PT Hero Global Investment Tbk (as of Nov 7, 2026): return on equity 2.3%, debt of 0.10 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is HGII from its 52-week high?
PT Hero Global Investment Tbk trades at 129.00 IDR, about 28% below its 52-week high of 178.40 IDR and 16% above the low of 111.62 IDR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 72.33 IDR is for.
Which stocks are comparable to PT Hero Global Investment Tbk?
From the same area (Utilities) we also value China Yangtze Power Co, Ørsted A/S, Huaneng Lancang River Hydropower Inc, VERBUND AG, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is PT Hero Global Investment Tbk stock attractive at the current price?
The data as of Nov 7, 2026: price 129.00 IDR, calculated fair value 72.33 IDR (−44%), Quality Score 60/100, from 20 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of HGII calculated?
We run PT Hero Global Investment Tbk through 20 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 72.33 IDR builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. PT Hero Global Investment Tbk itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of PT Hero Global Investment Tbk (HGII)?
The closing price on Nov 6, 2026 was 129.00 IDR. Our model-based fair value is 72.33 IDR, about 44% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with PT Hero Global Investment Tbk right now?
The price sits above even our optimistic bull case (75.70 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 (60/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of PT Hero Global Investment Tbk
How large is the market capitalisation of PT Hero Global Investment Tbk (HGII)?
The market capitalisation of PT Hero Global Investment Tbk is 839B IDR (≈ $46.6M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of PT Hero Global Investment Tbk (HGII)?
The price-to-sales ratio of PT Hero Global Investment Tbk is 13.1 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of PT Hero Global Investment Tbk (HGII)?
The dividend yield of PT Hero Global Investment Tbk is 0.3%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of PT Hero Global Investment Tbk (HGII)?
The net margin of PT Hero Global Investment Tbk is 27.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of PT Hero Global Investment Tbk (HGII)?
The return on equity (ROE) of PT Hero Global Investment Tbk is 2.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of PT Hero Global Investment Tbk (HGII)?
On an EBIT basis the return on assets of PT Hero Global Investment Tbk is 6.0% (avg 4y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of PT Hero Global Investment Tbk (HGII)?
The operating margin of PT Hero Global Investment Tbk is 40.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at PT Hero Global Investment Tbk (HGII)?
Revenue at PT Hero Global Investment Tbk is growing +27.5% versus a year earlier (3y avg −11.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at PT Hero Global Investment Tbk (HGII)?
Earnings per share at PT Hero Global Investment Tbk are growing +32.3% versus a year earlier. How much earnings per share grew versus a year earlier.
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Thin data
Nov 7, 2026