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PT Ifishdeco Tbk (IFSH) Fair Value & Analysis

Basic Materials · ID · Market cap 2.2T IDR

PI PT Ifishdeco Tbk IFSH · JK
Price1,180 IDR
Fair Value637.71 IDR
Upside-46.0%
Quality66/100
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Healthy Growth
Thin margins · 5.5% net margin
Low debt · generates free cash flow
2.10% dividend yield
Ranks above peers (11/14)
Moderate moat 55/100
Evidence: Medium Range 477.71 IDR – 797.13 IDR Share as image

Fair value as of: Jul 17, 2026

From 24 valuation models · updated 24 days ago

Share price +4.4% over the past month.

A solid business, but screening 46% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (797.13 IDR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

3,194 IDR 661.41 IDR Fair Value 637.71 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 661.41 IDR – 3,194 IDR · fair‑value band 477.71 IDR – 797.13 IDR · the 1,180 IDR price screens above the 637.71 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

PT Ifishdeco Tbk (IFSH) currently trades at 1,180 IDR, while our model-based Fair Value estimate is 637.71 IDR, implying the stock looks roughly 46.0% overvalued today. The Quality Score stands at 66/100 (solid quality), in the Basic Materials 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: medium).

Over the trailing twelve months, PT Ifishdeco Tbk generated revenue of 1.1T IDR at a net margin of 5.5%. Revenue grew 43.2% year over year. It earns a return on equity of 11.9%. The balance sheet holds a net cash position of 78.0B IDR. Fundamentals as of Jul 17, 2026

Our scenario range runs from 477.71 IDR (bear case) to 797.13 IDR (bull case); at 1,180 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 67% below its 52-week high and 82% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -34% fair-value upside, at -46%, IFSH 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 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 407.82 IDR 694.01 IDR 1,208 IDR 80
Residual Income 379.50 IDR 413.20 IDR 559.01 IDR 76
Rev-Margin DCF 532.17 IDR 930.42 IDR 1,441 IDR 74
All 24 models by family
DCF Models
FCF DCF 408.75 IDR 713.38 IDR 1,264 IDR 38
Owner Earnings 723.45 IDR 1,293 IDR 2,322 IDR 31
5Y Revenue Exit 532.17 IDR 944.99 IDR 1,512 IDR 39
5Y EBITDA Exit 659.05 IDR 1,205 IDR 1,895 IDR 41
5Y P/E Exit 463.74 IDR 804.70 IDR 1,194 IDR 38
10Y Revenue Exit 470.36 IDR 855.46 IDR 1,455 IDR 36
10Y EBITDA Exit 575.65 IDR 1,050 IDR 1,782 IDR 37
10Y P/E Exit 443.51 IDR 750.62 IDR 1,185 IDR 35
Earnings-Based
Graham-Dodd 255.08 IDR 1,159 IDR 1,590 IDR 54
Lynch FV 303.29 IDR 433.26 IDR 563.24 IDR 50
PEG = 1.0 303.29 IDR 433.26 IDR 563.24 IDR 46
EPV 570.63 IDR 663.09 IDR 745.27 IDR 59
Multiples
P/E Multiple 478.28 IDR 637.71 IDR 797.13 IDR 63
P/S Multiple 478.28 IDR 637.71 IDR 797.13 IDR 58
P/B Multiple 478.28 IDR 637.71 IDR 797.13 IDR 55
EV/EBIT 857.57 IDR 1,128 IDR 1,398 IDR 53
EV/EBITDA 831.11 IDR 1,093 IDR 1,354 IDR 54
EV/Revenue 593.23 IDR 827.44 IDR 1,062 IDR 43
Asset-Based
NCAV (Graham) 221.36 IDR 296.63 IDR 442.72 IDR 50
Growth DCF
Growth DCF 407.82 IDR 694.01 IDR 1,208 IDR 80
Rev-Margin DCF 532.17 IDR 930.42 IDR 1,441 IDR 74
Economic Profit
Residual Income 379.50 IDR 413.20 IDR 559.01 IDR 76
ROIC Compounder 626.47 IDR 856.34 IDR 1,185 IDR 72
Growth Earnings
Growth-Adj P/E 438.17 IDR 625.96 IDR 813.74 IDR 68

Widest divergence: DCF Models (855.46 IDR) versus Asset-Based (296.63 IDR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.1T IDR
Revenue growth (YoY) +43.2%
Net margin 5.5%
Return on equity 11.9%
Free cash flow 51.5B IDR FY2025
P/E ratio 30.6
More key figures
Operating margin 17.8%
EPS (TTM) 30.87 IDR
Dividend yield 2.5%
EPS growth (YoY) +23.6%
Net cash 78.0B IDR FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 63 · Market factors (momentum, volatility) 40

Profitability 48
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 35
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 56
Distance to the 52-week high (market factor)
Net Issuance 90
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 Ifishdeco Tbk engages in the mining exploration, development, production, transportation, trading, and sales of nickel ores in Indonesia and internationally. The company operates through Nickel Mining and Processing, Silica Mining, and Mining Services and Others segments.

Full company description

PT Ifishdeco Tbk engages in the mining exploration, development, production, transportation, trading, and sales of nickel ores in Indonesia and internationally. The company operates through Nickel Mining and Processing, Silica Mining, and Mining Services and Others segments. It processes, transports, trades in, and sells nickel pig iron and ferronickel alloy. In addition, the company is involved in stone graving; industrial area; investment activities. PT Ifishdeco Tbk was founded in 1971 and is headquartered in Jakarta Selatan, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Ifishdeco Tbk reported revenue of 1.0T IDR in FY2025 versus 906B IDR in FY2021, a compound +2.5%/yr. Reported net income was 72.1B IDR in FY2025, compounding −19.2%/yr from FY2021.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.0T IDR
Latest YoY
+2.9%
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.
+2.2%
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.
+20.3%
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.
+14.4%
Revenue +2.5%/yr
FY21 906B IDR
FY22 939B IDR
FY23 1.4T IDR
FY24 973B IDR
FY25 1.0T IDR
Net income −19.2%/yr
FY21 170B IDR
FY22 199B IDR
FY23 211B IDR
FY24 83.7B IDR
FY25 72.1B IDR

IFSH screens 46% overvalued. Compare with BHP Group →

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

Peer Group

Other Industrial Metals & Mining · 475 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 66 · Top 25%
Fair Value upside −46% · Below median
Return on equity (TTM) 12% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 5% · Top 25%
Operating margin (TTM) 18% · Top 25%
Revenue growth 43% · Above median
Dividend yield (TTM) 2.1% · Above median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Other Industrial Metals & Mining median · lower = cheaper

P/E (TTM) 36.9× · Pricier than 75% of peers
P/B 2.57× · Pricier than median
P/S (TTM) 2.01× · Cheaper than median
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 7.7× · Cheaper than median

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 0
FUTURE 100 · sector 23
PAST 48 · sector 0
HEALTH 99 · sector 96
DIVIDEND 42 · sector 21

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 Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHPN 1,425 MXN 942.42 MXN -34%
Rio Tinto Group RIO A$164.89 A$81.76 -50%
Grupo México, S.A. GMEXICOB 199.23 MXN 187.72 MXN -6%
Vale S.A VALE $14.19 $9.14 -36%
Saudi Arabian Mining Company 1211 58.05 SAR 33.87 SAR -42%
CMOC Group 603993 ¥18.20 ¥16.15 -11%
Fortescue Ltd FMG A$18.47 A$18.62 +1%
China Tungsten And Hightech Materials Co 000657 ¥74.71 ¥9.55 -87%
Hindustan Zinc Limited HINDZINC ₹521.95 ₹576.80 +11%
China Northern Rare Earth (Group) High-Tech Co 600111 ¥39.56 ¥10.59 -73%

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Frequently asked questions

Is PT Ifishdeco Tbk (IFSH) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 637.71 IDR versus a price of 1,180 IDR, about −46% (overvalued).
What is the fair value of IFSH?
Our model-based fair value for PT Ifishdeco Tbk is 637.71 IDR (as of Jul 17, 2026), built from audited fundamentals. The current price is 1,180 IDR.
What is the quality score of IFSH?
PT Ifishdeco Tbk has a Quality Score of 66/100. 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 Ifishdeco Tbk (IFSH)?
PT Ifishdeco Tbk reported trailing-twelve-month revenue of about 1.1T IDR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of IFSH?
The net profit margin of PT Ifishdeco Tbk is about 5.5%, meaning it keeps roughly 5.5% of revenue as net income. Based on the latest reported figures.
Does PT Ifishdeco Tbk pay a dividend?
PT Ifishdeco Tbk currently shows a dividend yield of about 2.48% relative to its recent price (as of Jul 17, 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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