Sumi Indo Kabel Tbk (IKBI) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Sumi Indo Kabel Tbk IDR 2,477, price IDR 560, upside +342.3%, quality 67 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Sumi Indo Kabel Tbk for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 173.40 IDR – 770.00 IDR · fair‑value band 1,858 IDR – 3,096 IDR · the 560.00 IDR price screens below the 2,477 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Sumi Indo Kabel Tbk in your weekly email
Every Wednesday you see whether Sumi Indo Kabel Tbk is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
PT Sumi Indo Kabel Tbk manufactures and sells cables and electrical equipment in Indonesia. It offers bare conductor, fire resistance, armored and non-armored, and low and medium voltage cables, as well as conductors and cable accessories.
Show more
PT Sumi Indo Kabel Tbk manufactures and sells cables and electrical equipment in Indonesia. It offers bare conductor, fire resistance, armored and non-armored, and low and medium voltage cables, as well as conductors and cable accessories. The company also provides grounding cables; SIK products; low-voltage wires for batteries, earth bond low voltage wires, and vinyl insulated low voltage wires for automobiles, and super thin insulated LV cables, as well as steel tape or steel wire amour cables for underground. In addition, it offers special products, including laminated aluminum polyethylene polyamide, low temperature, and solar cables. The company was formerly known as PT IKI Indah Kabel Indonesia Tbk and changed its name to PT Sumi Indo Kabel Tbk in 1999. The company was founded in 1981 and is headquartered in Tangerang, Indonesia. PT Sumi Indo Kabel Tbk is a subsidiary of Sumitomo Electric Industries, Ltd.
Stock analysis
Sumi Indo Kabel Tbk (IKBI) currently trades at 560.00 IDR, while our model-based Fair Value estimate is 2,477 IDR, implying the stock looks roughly 77.4% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 2,762 IDR per share, and 22 of the 24 models we run sit above the 560.00 IDR price.
Bear case: the Dividend Discount group reads lowest at 258.03 IDR, and 2 of the 24 models stay below the price. Evidence for this calculation is low.
Scenario range: 1,858 IDR (bear) to 3,096 IDR (bull), the price of 560.00 IDR sits below 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 67/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Sumi Indo Kabel Tbk reported revenue of $225M in FY2026 versus $231M in FY2022, a compound −0.7%/yr. Reported net income was $8.1M in FY2026.
Key figures
Market cap 685B IDR (≈ $38.3M) · P/E ratio 4.6 · P/S ratio 0.16 · EPS (TTM) 122.48 IDR · Dividend yield 0.0% · Net margin 3.6% · Return on equity 10.0% · Return on assets (EBIT) 5.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 45 out of 100 (medium confidence).
What moves the price
The share trades about 27% below its 52-week high and 17% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −42% fair-value upside, at 342%, IKBI screens cheaper than that median.
Fair Value models
Bear 1,858 IDRFair Value 2,477 IDRBull 3,096 IDR
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (62.41 IDR per share) are deliberately not added.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.Evidence ⓘEvidence = 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.65/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
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.
+4.3%
Revenue growth 5 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.
+5.5%
Start year 2020 (pandemic). Over 10 years: +5.7% a year
Revenue growth 24 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.
−27.3%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years) ⓘ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 5 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.
+27.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+27.0%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.27.0% vs 14.1%, picking up
Profit margin 2021 to 2026 ⓘ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.−1% → 5%
Start year 2021 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−36.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (figures in USD, USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −38.3% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Electrical Equipment & Parts · 540 stocks
Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score67 · Top 25%
Fair Value upside+200.0% · Top 25%
Profitability
Return on equity (TTM)10.0% · Above median
Return on assets5.7% · Above median
Net margin (TTM)3.6% · Below median
Operating margin (TTM)4.3% · Below median
Growth and dividend
Revenue growth−15.4% · Bottom 25%
Dividend yield (TTM)0.0% · Bottom 25%
Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper
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.
Is Sumi Indo Kabel Tbk (IKBI) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 2,477 IDR versus a price of 560.00 IDR, about +342% upside (undervalued).
What is the fair value of IKBI?
Our model-based fair value for Sumi Indo Kabel Tbk is 2,477 IDR (as of Sep 24, 2026), built from audited fundamentals. The current price: 560.00 IDR.
What is the quality score of IKBI?
Sumi Indo Kabel Tbk has a Quality Score of 67/100. 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 Sumi Indo Kabel Tbk (IKBI)?
Our model-based price target is the fair value of 2,477 IDR (as of Sep 24, 2026) from 24 valuation models. Cautious scenario 1,858 IDR, optimistic scenario 3,096 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the Sumi Indo Kabel Tbk stock forecast for 2026?
Our models put fair value at 2,477 IDR, about +342% upside versus a price of 560.00 IDR (undervalued). Cautious scenario 1,858 IDR, optimistic scenario 3,096 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of Sumi Indo Kabel Tbk (IKBI)?
Sumi Indo Kabel Tbk reported trailing-twelve-month revenue of about $230M (latest available figure, as of Sep 24, 2026).
Does Sumi Indo Kabel Tbk pay a dividend?
Sumi Indo Kabel Tbk currently shows a dividend yield of about 0.00% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Sumi Indo Kabel Tbk (IKBI)?
For today's price to be fair in a discounted-cash-flow model, Sumi Indo Kabel Tbk would have to grow free cash flow by -36.8 % per year for five years (discount rate 10.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +8.4 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of IKBI use?
Our models discount Sumi Indo Kabel Tbk at 10.5 %: a base by market capitalisation (nano), damped by beta 0.11, country premium for Indonesia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Sumi Indo Kabel Tbk that is -36.8 % per year a year over ten years, using the same discount rate (10.5 %) and the same formula as our fair value.
How much growth has Sumi Indo Kabel Tbk (IKBI) delivered so far?
Over the past 5 years revenue at Sumi Indo Kabel Tbk grew +8.4 % a year. The price currently implies -36.8 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Sumi Indo Kabel Tbk (IKBI) growing?
The median revenue growth in the sector is +7.2 % a year. That is the yardstick for the growth priced into Sumi Indo Kabel Tbk (-36.8 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Sumi Indo Kabel Tbk (IKBI)?
The free-cash-flow yield on the price is 44.72 %: that much free cash flow Sumi Indo Kabel Tbk produces per unit of market value. When it exceeds the discount rate of our models (10.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Sumi Indo Kabel Tbk (IKBI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sumi Indo Kabel Tbk it is 2,477 IDR per share (as of Sep 24, 2026), against a price of 560.00 IDR. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Sumi Indo Kabel Tbk stock overvalued or undervalued in 2026?
As of Sep 24, 2026, IKBI trades below its calculated fair value: price 560.00 IDR, fair value 2,477 IDR, a gap of about +342% (undervalued). 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 IKBI?
No. The price is what the market pays today (560.00 IDR); the fair value is what the company's own numbers justify (2,477 IDR). For Sumi Indo Kabel Tbk the two are 1,917 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is Sumi Indo Kabel Tbk worth?
The market values Sumi Indo Kabel Tbk at about 685B IDR (market capitalisation, as of Sep 24, 2026). Per share that is 560.00 IDR; our models calculate a fair value of 2,477 IDR per share.
What do the bullish and bearish scenarios say about IKBI?
Our models span a range for Sumi Indo Kabel Tbk: cautious scenario 1,858 IDR, base 2,477 IDR, optimistic 3,096 IDR per share (as of Sep 24, 2026, price 560.00 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of IKBI?
Sumi Indo Kabel Tbk trades at a price-to-earnings ratio of 4.6 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 2,477 IDR is built from several models across several years. Other multiples: P/B 0.4, P/S 0.2, EV/EBITDA 1.8.
How solid is the balance sheet of Sumi Indo Kabel Tbk (IKBI)?
Balance-sheet figures for Sumi Indo Kabel Tbk (as of Sep 24, 2026): return on equity 10.0%. They feed the Quality Score of 67/100, which measures business quality independently of the share price.
How far is IKBI from its 52-week high?
Sumi Indo Kabel Tbk trades at 560.00 IDR, about 27% below its 52-week high of 770.00 IDR and 17% above the low of 478.00 IDR (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of 2,477 IDR is for.
Which stocks are comparable to Sumi Indo Kabel Tbk?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Delta Electronics (Thailand) Public Company, Vertiv Holdings, 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 Sumi Indo Kabel Tbk stock attractive at the current price?
The data as of Sep 24, 2026: price 560.00 IDR, calculated fair value 2,477 IDR (+342%), Quality Score 67/100, from 24 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 IKBI calculated?
We run Sumi Indo Kabel Tbk through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 2,477 IDR, 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 14.5 % above its aggregate fair value. Sumi Indo Kabel Tbk currently trades 77 % below its own fair value, and the market average says nothing about that. 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 Sumi Indo Kabel Tbk (IKBI)?
The closing price on Oct 2, 2026 was 560.00 IDR. Our model-based fair value is 2,477 IDR, about +342% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sumi Indo Kabel Tbk right now?
The price is below even our cautious bear case (1,858 IDR). The market is more pessimistic than our downside scenario. 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 quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
Where does the earnings growth of Sumi Indo Kabel Tbk (IKBI) come from?
Earnings per share at Sumi Indo Kabel Tbk grew +9.7 % a year from 2015 to 2026. Broken into its drivers: revenue per share +6.7 %, EBIT margin +2.8 %, tax rate +0.7 %, residual (interest, one-offs) −0.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Sumi Indo Kabel Tbk
How large is the market capitalisation of Sumi Indo Kabel Tbk (IKBI)?
The market capitalisation of Sumi Indo Kabel Tbk is 685B IDR (≈ $38.3M). 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 Sumi Indo Kabel Tbk (IKBI)?
The price-to-sales ratio of Sumi Indo Kabel Tbk is 0.16 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Sumi Indo Kabel Tbk (IKBI)?
Earnings per share at Sumi Indo Kabel Tbk are 122.48 IDR (price ÷ EPS = P/E 4.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Sumi Indo Kabel Tbk (IKBI)?
The dividend yield of Sumi Indo Kabel Tbk is 0.0% (payout 0.0%). 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 Sumi Indo Kabel Tbk (IKBI)?
The net margin of Sumi Indo Kabel Tbk is 3.6% (fiscal year 2026). 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 Sumi Indo Kabel Tbk (IKBI)?
The return on equity (ROE) of Sumi Indo Kabel Tbk is 10.0% (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 Sumi Indo Kabel Tbk (IKBI)?
On an EBIT basis the return on assets of Sumi Indo Kabel Tbk is 5.8% (avg 5y). 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 Sumi Indo Kabel Tbk (IKBI)?
The operating margin of Sumi Indo Kabel Tbk is 4.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sumi Indo Kabel Tbk (IKBI)?
Revenue at Sumi Indo Kabel Tbk is growing −15.4% versus a year earlier (3y avg −0.2%). 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 Sumi Indo Kabel Tbk (IKBI)?
Earnings per share at Sumi Indo Kabel Tbk are growing −27.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Sumi Indo Kabel Tbk (IKBI) hold?
Sumi Indo Kabel Tbk holds more cash than debt, $11.1M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Sumi Indo Kabel Tbk in the live analysis
One click puts Sumi Indo Kabel Tbk on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
