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PT Inti Bangun Sejahtera Tbk (IBST) Fair Value & Analysis

Communication Services · ID · Market cap 11.4T IDR

PI PT Inti Bangun Sejahtera Tbk IBST · JK
Price8,475 IDR
Fair Value5,998 IDR
Upside-29.2%
Quality78/100
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Weak Growth
Highly profitable · 45.5% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/13)
Wide moat 78/100
Evidence: High Range 4,306 IDR – 9,991 IDR Share as image

Fair value as of: Jul 12, 2026

From 23 valuation models · updated 28 days ago

Fair value updated Jul 12, 2026, revised from 6,108 IDR to 5,998 IDR (−1.8%) since Jun 24, 2026.

A strong business, but screening 29% overvalued on our models.

What matters now

  • A high-quality business (quality 78/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • A fairly wide model range (4,306 IDR to 9,991 IDR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

10,062 IDR 3,302 IDR Fair Value 5,998 IDR Jan 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range 3,302 IDR – 10,062 IDR · fair‑value band 4,306 IDR – 9,991 IDR · the 8,475 IDR price screens above the 5,998 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

PT Inti Bangun Sejahtera Tbk (IBST) currently trades at 8,475 IDR, while our model-based Fair Value estimate is 5,998 IDR, implying the stock looks roughly 29.2% overvalued today. The Quality Score stands at 78/100 (high quality), in the Communication Services 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: high).

Over the trailing twelve months, PT Inti Bangun Sejahtera Tbk generated revenue of 861B IDR at a net margin of 45.5%. Revenue declined 5.1% year over year. It earns a return on equity of 16.1%. Net debt stands at 1.0T IDR. Fundamentals as of Jul 12, 2026

Our scenario range runs from 4,306 IDR (bear case) to 9,991 IDR (bull case); at 8,475 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 near its 52-week high and 101% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 32% fair-value upside, at -29%, IBST screens richer 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 BearBaseBull Evidence
Highest evidence
Growth DCF 10,992 IDR 23,764 IDR 45,673 IDR 80
Residual Income 2,104 IDR 2,784 IDR 9,273 IDR 76
ROIC Compounder 4,765 IDR 7,030 IDR 10,327 IDR 72
All 23 models by family
DCF Models
FCF DCF 11,330 IDR 21,013 IDR 47,108 IDR 38
Owner Earnings 5,420 IDR 11,729 IDR 24,724 IDR 31
5Y Revenue Exit 4,200 IDR 6,288 IDR 8,937 IDR 39
5Y EBITDA Exit 6,708 IDR 11,952 IDR 18,832 IDR 41
5Y P/E Exit 6,673 IDR 11,887 IDR 18,174 IDR 38
10Y Revenue Exit 6,223 IDR 9,248 IDR 13,398 IDR 36
10Y EBITDA Exit 8,046 IDR 13,738 IDR 23,008 IDR 37
10Y P/E Exit 8,021 IDR 13,674 IDR 22,391 IDR 35
Earnings-Based
Graham-Dodd 2,071 IDR 12,770 IDR 17,821 IDR 54
Lynch FV 3,665 IDR 5,236 IDR 6,806 IDR 50
PEG = 1.0 3,665 IDR 5,236 IDR 6,806 IDR 46
EPV 3,870 IDR 4,553 IDR 5,160 IDR 59
Multiples
P/E Multiple 5,025 IDR 6,700 IDR 8,376 IDR 63
P/S Multiple 1,694 IDR 2,259 IDR 2,824 IDR 58
P/B Multiple 3,883 IDR 5,178 IDR 6,472 IDR 55
EV/EBIT 5,160 IDR 6,879 IDR 8,599 IDR 53
EV/EBITDA 5,078 IDR 6,770 IDR 8,462 IDR 54
EV/Revenue 1,357 IDR 1,937 IDR 2,518 IDR 43
Asset-Based
NCAV (Graham) 954.85 IDR 1,280 IDR 1,910 IDR 50
Growth DCF
Growth DCF 10,992 IDR 23,764 IDR 45,673 IDR 80
Economic Profit
Residual Income 2,104 IDR 2,784 IDR 9,273 IDR 76
ROIC Compounder 4,765 IDR 7,030 IDR 10,327 IDR 72
Growth Earnings
Growth-Adj P/E 5,380 IDR 7,685 IDR 9,991 IDR 68

Widest divergence: Growth DCF (23,764 IDR) versus Asset-Based (1,280 IDR). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 861B IDR
Revenue growth (YoY) -5.1%
Net margin 45.5%
Return on equity 16.1%
Free cash flow 986B IDR FY2025
P/E ratio 29.2
More key figures
Operating margin 65.9%
EPS (TTM) 290.69 IDR
EPS growth (YoY) -30.1%
Net debt 1.0T IDR FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 78/100

Of which business quality 74 · Market factors (momentum, volatility) 83

Profitability 52
Margins and returns on capital today
Quality Growth 77
Are margins and returns improving?
Cashflow 98
Earnings quality: real cash, not paper profit
Fin. Strength 61
Balance sheet, leverage, solvency risk
Investment 78
Disciplined investing over empire-building
Low Volatility 49
Calm price path (market factor)
Momentum 97
Price trend over the last 3–12 months (market factor)
52W Momentum 100
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 Inti Bangun Sejahtera Tbk provides telecommunication network services in the information, communication, and technology (ITC) sector in Indonesia. The company operates through two segments: Telecommunication Tower Lease and Network Equipment and Bandwidth Lease segments.

Full company description

PT Inti Bangun Sejahtera Tbk provides telecommunication network services in the information, communication, and technology (ITC) sector in Indonesia. The company operates through two segments: Telecommunication Tower Lease and Network Equipment and Bandwidth Lease segments. The company offers built-to-suit, a rental space BTS; co-location rental space; semi BTS hotel and MCP; metro-e, a high-capacity data network solution; and clustered base indoor and outdoor coverage service solution with indoor -distributed antenna system and outdoor-distributed antenna system. It also offers internet interconnection, SMS content, and multimedia services; and is involved in data processing, consulting management activities, and real estate property rental, as well as civil, mechanical, and electrical works. The company was founded in 2006 and is headquartered in Kudus, Indonesia. PT Inti Bangun Sejahtera Tbk operates as a subsidiary of PT iForte Solusi Infotek.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Inti Bangun Sejahtera Tbk reported revenue of 872B IDR in FY2025 versus 975B IDR in FY2021, a compound −2.8%/yr. Reported net income was 411B IDR in FY2025, compounding +59.6%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
872B IDR
Latest YoY
+1.1%
Avg. growth/yr (3Y)
−7.1%
Avg. growth/yr (5Y)
−4.9%
Avg. growth/yr (18Y)
+36.5%
Revenue −2.8%/yr
FY21 975B IDR
FY22 1.1T IDR
FY23 1.1T IDR
FY24 862B IDR
FY25 872B IDR
Net income +59.6%/yr
FY21 63.4B IDR
FY22 41.5B IDR
FY23 38.3B IDR
FY24 −1.9T IDR
FY25 411B IDR

IBST screens 29% overvalued. Compare with China Mobile Limited →

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Cite: Fair Value Calculator (2026). "PT Inti Bangun Sejahtera Tbk Fair Value". https://www.fairvalue-calculator.com/stock/IBST

Peer Group

Telecom Services · 252 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 78 · Top 25%
Fair Value upside −29% · Below median
Return on equity (TTM) 16% · Above median
Return on assets 9% · Top 25%
Net margin (TTM) 46% · Top 25%
Operating margin (TTM) 66% · Top 25%
Revenue growth -5% · Bottom 25%

Valuation Multiples vs Telecom Services median · lower = cheaper

P/E (TTM) 29.2× · Pricier than median
P/B 4.44× · Pricier than 75% of peers
P/S (TTM) 13.29× · Pricier than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 15.8× · 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 0 · sector 30
FUTURE 0 · sector 15
PAST 65 · sector 28
HEALTH 100 · sector 89
DIVIDEND 0 · sector 72

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

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

Similar stocks

10 more Telecom Services stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
China Mobile Limited 600941 ¥89.98 ¥109.88 +22%
T-Mobile US, Inc TMUS $187.61 $172.67 -8%
Bharti Airtel Limited BHARTIARTL ₹1,922 ₹941.55 -51%
China Telecom Corporation 601728 ¥6.01 ¥8.36 +39%
América Móvil, S.A. AMXB 23.07 MXN 30.35 MXN +32%
Vodafone Group VODN 259.50 MXN 507.27 MXN +95%
Advanced Info Service Public Company ADVANC 379.00 THB 286.77 THB -24%
Chunghwa Telecom Co 2412 133.50 TWD 100.00 TWD -25%
China Unicom (Hong Kong) Limited 0762 HK$6.50 HK$13.03 +100%
Telefónica, S.A TEFN 75.67 MXN 111.01 MXN +47%

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Frequently asked questions

Is PT Inti Bangun Sejahtera Tbk (IBST) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 5,998 IDR versus a price of 8,475 IDR, about −29% (overvalued).
What is the fair value of IBST?
Our model-based fair value for PT Inti Bangun Sejahtera Tbk is 5,998 IDR (as of Jul 12, 2026), built from audited fundamentals. The current price is 8,475 IDR.
What is the quality score of IBST?
PT Inti Bangun Sejahtera Tbk has a Quality Score of 78/100. 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 Inti Bangun Sejahtera Tbk (IBST)?
PT Inti Bangun Sejahtera Tbk reported trailing-twelve-month revenue of about 861B IDR (latest available figure, as of Jul 12, 2026).
What is the net profit margin of IBST?
The net profit margin of PT Inti Bangun Sejahtera Tbk is about 45.5%, meaning it keeps roughly 45.5% 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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