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PT Toba Pulp Lestari Tbk (INRU) Fair Value & Analysis

Basic Materials · ID · Market cap 819B IDR

PT PT Toba Pulp Lestari Tbk INRU · JK
Price590.00 IDR
Fair Value101.50 IDR
Upside-82.8%
Quality27/100
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Evidence: Medium Range 66.08 IDR – 163.46 IDR

Fair value as of: Jul 11, 2026

From 9 valuation models · updated today

Fair value updated Jul 11, 2026 — revised from 3,102 IDR to 101.50 IDR (−96.7%) since Jun 24, 2026.

Price vs Fair Value (12 months)

945.00 IDR 590.00 IDR Fair Value 101.50 IDR Jul 2025 Jul 2026

12‑month range 590.00 IDR – 945.00 IDR · fair‑value band 66.08 IDR – 163.46 IDR · the 590.00 IDR price screens above the 101.50 IDR fair value. As of Jul 11, 2026.

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Analysis

PT Toba Pulp Lestari Tbk (INRU) currently trades at 590.00 IDR, while our model-based Fair Value estimate is 101.50 IDR — implying the stock looks roughly 82.8% overvalued today. We read business quality at 27/100 (below-average 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 Toba Pulp Lestari Tbk generated revenue of 79.4M IDR at a net margin of -97.3%. Revenue declined 40.3% year over year. Net debt stands at 5.8T IDR. Fundamentals as of Jul 11, 2026

Our scenario range runs from 66.08 IDR (bear case) to 163.46 IDR (bull case); at 590.00 IDR, the current price sits above that range. The share trades about 50% below its 52-week high, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -20% fair-value upside — at -83%, INRU screens richer than that median.

Key figures & financial health

Revenue (TTM) 79.4M IDR
Revenue growth (YoY) -40.3%
Net margin -97.3%
Return on equity -165%
Free cash flow 6.5B IDR FY2025
Operating margin -28.0%
More key figures
EPS growth (YoY) -85.9%
Net debt 5.8T IDR FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 11, 2026. TTM = trailing twelve months.

About the company

PT Toba Pulp Lestari Tbk produces and sells pulp and its products in Indonesia and internationally. It manages industrial forest plantations. The company was formerly known as PT Inti Indorayon Utama Tbk and changed its name to PT Toba Pulp Lestari Tbk in August 2001. The company was founded in 1983 and is headquartered in Medan, Indonesia. As of June 12, 2025, PT Toba Pulp Lestari Tbk operates as a subsidiary of Allied Hill Enterprise Ltd.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Toba Pulp Lestari Tbk reported revenue of 1.4T IDR in FY2025 versus 2.1T IDR in FY2021, a compound −9.3%/yr. Reported net income was −1.1T IDR in FY2025.

Revenue −9.3%/yr
FY21 2.1T IDR
FY22 2.6T IDR
FY23 1.5T IDR
FY24 1.9T IDR
FY25 1.4T IDR
Net income
FY21 8.8B IDR
FY22 −304B IDR
FY23 −392B IDR
FY24 −345B IDR
FY25 −1.1T IDR

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Cite: Fair Value Calculator (2026). "PT Toba Pulp Lestari Tbk Fair Value". https://www.fairvalue-calculator.com/stock/INRU

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Frequently asked questions

Is PT Toba Pulp Lestari Tbk (INRU) undervalued?
As of Jul 11, 2026, our model estimates a fair value of 101.50 IDR versus a price of 590.00 IDR — about −83% (overvalued). Model-based estimate, not financial advice.
What is the fair value of INRU?
Our model-based fair value for PT Toba Pulp Lestari Tbk is 101.50 IDR (as of Jul 11, 2026), built from audited fundamentals. The current price is 590.00 IDR.
What is the quality score of INRU?
PT Toba Pulp Lestari Tbk has a Quality Score of 27/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PT Toba Pulp Lestari Tbk (INRU)?
PT Toba Pulp Lestari Tbk reported trailing-twelve-month revenue of about 79.4M IDR (latest available figure, as of Jul 11, 2026).
What is the net profit margin of INRU?
The net profit margin of PT Toba Pulp Lestari Tbk is about -97.3%, 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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