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PT Intikeramik Alamasri Industri Tbk (IKAI) Fair Value & Analysis

Industrials · ID · Market cap 253B IDR

PI PT Intikeramik Alamasri Industri Tbk IKAI · JK
Price20.00 IDR
Fair Value5.17 IDR
Upside-74.2%
Quality50/100
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Evidence: Low Range 5.17 IDR – 11.22 IDR

Fair value as of: Jul 16, 2026

From 7 valuation models · updated today

Fair value updated Jul 16, 2026 — revised from 208.86 IDR to 5.17 IDR (−97.5%) since Jun 24, 2026.

Price vs Fair Value (12 months)

41.00 IDR 8.00 IDR Fair Value 5.17 IDR Jul 2025 Jul 2026

12‑month range 8.00 IDR – 41.00 IDR · fair‑value band 5.17 IDR – 11.22 IDR · the 20.00 IDR price screens above the 5.17 IDR fair value. As of Jul 16, 2026.

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Analysis

PT Intikeramik Alamasri Industri Tbk (IKAI) currently trades at 20.00 IDR, while our model-based Fair Value estimate is 5.17 IDR — implying the stock looks roughly 74.2% overvalued today. We read business quality at 50/100 (solid quality), in the Industrials 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: low).

Over the trailing twelve months, PT Intikeramik Alamasri Industri Tbk generated revenue of 143B IDR at a net margin of -37.8%. Revenue declined 16.7% year over year. It earns a return on equity of -9.2%. Net debt stands at 199B IDR. Fundamentals as of Jul 16, 2026

Our scenario range runs from 5.17 IDR (bear case) to 11.22 IDR (bull case); at 20.00 IDR, the current price sits above that range. The share trades about 52% below its 52-week high and 186% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -57% fair-value upside — at -74%, IKAI screens richer than that median.

Key figures & financial health

Revenue (TTM) 143B IDR
Revenue growth (YoY) -16.7%
Net margin -37.8%
Return on equity -9.2%
Free cash flow 32.8B IDR FY2025
Operating margin -19.3%
More key figures
EPS (TTM) -3.86 IDR
EPS growth (YoY) +238%
Net debt 199B IDR FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 16, 2026. TTM = trailing twelve months.

About the company

PT Intikeramik Alamasri Industri Tbk manufactures, distributes, and sells porcelain tiles and granites under the Essenza brand in Indonesia. It operates in two segments, Ceramic and Hotel. The company engages in the hospitality business; and leasing of building units. PT Intikeramik Alamasri Industri Tbk was founded in 1991 and is based in Jakarta Selatan, Indonesia.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Intikeramik Alamasri Industri Tbk reported revenue of 149B IDR in FY2025 versus 186B IDR in FY2021, a compound −5.4%/yr. Reported net income was −64.5B IDR in FY2025.

Revenue −5.4%/yr
FY21 186B IDR
FY22 236B IDR
FY23 208B IDR
FY24 177B IDR
FY25 149B IDR
Net income
FY21 −57.5B IDR
FY22 −35.3B IDR
FY23 9.1B IDR
FY24 −62.3B IDR
FY25 −64.5B IDR

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Cite: Fair Value Calculator (2026). "PT Intikeramik Alamasri Industri Tbk Fair Value". https://www.fairvalue-calculator.com/stock/IKAI

Similar stocks

10 more Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Trane Technologies plc TT $491.59 $210.11 -57%
Johnson Controls International plc JCI $148.21 $39.05 -74%
Carrier Global Corporation CARR $71.85 $17.22 -76%
Compagnie de Saint-Gobain S.A CODGF $89.95 $106.78 +19%
Daikin Industries,Ltd. DKILF $149.65 $113.38 -24%
Geberit AG GBERF $661.46 $347.91 -47%
Masco Corporation MAS 1,559 MXN 51.45 MXN -97%
Kingspan Group KRX €87.30 €36.86 -58%
Lennox International Inc LII $504.80 $253.19 -50%
BELIMO Holding BLMOY $12.26 $3.40 -72%

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Frequently asked questions

Is PT Intikeramik Alamasri Industri Tbk (IKAI) undervalued?
As of Jul 16, 2026, our model estimates a fair value of 5.17 IDR versus a price of 20.00 IDR — about −74% (overvalued). Model-based estimate, not financial advice.
What is the fair value of IKAI?
Our model-based fair value for PT Intikeramik Alamasri Industri Tbk is 5.17 IDR (as of Jul 16, 2026), built from audited fundamentals. The current price is 20.00 IDR.
What is the quality score of IKAI?
PT Intikeramik Alamasri Industri Tbk has a Quality Score of 50/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PT Intikeramik Alamasri Industri Tbk (IKAI)?
PT Intikeramik Alamasri Industri Tbk reported trailing-twelve-month revenue of about 143B IDR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of IKAI?
The net profit margin of PT Intikeramik Alamasri Industri Tbk is about -37.8%, 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.

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