Indocement Tunggal Prakarsa (INTP) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Indocement Tunggal Prakarsa stock IDR 10,215, price IDR 5,800, upside +76.1%, quality 67 out of 100. Rating: strongly undervalued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
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Indocement Tunggal Prakarsa
INTP · JKThe stock costs 43% less than our calculation considers fair.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range 3,774 IDR – 10,150 IDR · fair‑value band 7,905 IDR – 12,602 IDR · the 5,800 IDR price screens below the 10,215 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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Company profile
PT Indocement Tunggal Prakarsa Tbk manufactures and sells cement products in Indonesia and internationally. It operates in three segments: Cement, Ready-Mix Concrete, and Aggregates Quarries.
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The company offers cement products comprising Portland composite, hydraulic, oil well, white, and slag cement, as well as white and multipurpose mortar; ready-mix concrete for use in construction projects, including high-rise buildings and housing, roads, bridges, ports, and airports, as well as industrial and commercial infrastructure; and aggregate products, such as crushed stone, sand, and gravel products.
It is also involved in the mining of aggregates and trass; shipping; port management; outsourcing; construction; and trading activities. The company exports its products. The company was founded in 1975 and is headquartered in Jakarta, Indonesia.
PT Indocement Tunggal Prakarsa Tbk operates as a subsidiary of Heidelberg Materials AG.
Stock analysis
Indocement Tunggal Prakarsa (INTP) currently trades at 5,800 IDR, while our model-based Fair Value estimate is 10,215 IDR, implying the stock looks roughly 43% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 11,718 IDR per share, and 19 of the 25 models we run sit above the 5,800 IDR price.
Bear case: the Dividend Discount group reads lowest at 2,955 IDR, and 6 of the 25 models stay below the price. Data coverage for this calculation is low.
Scenario range: 7,905 IDR (bear) to 12,602 IDR (bull), the price of 5,800 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 Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Indocement Tunggal Prakarsa reported revenue of 17.7T IDR in FY2025 versus 14.8T IDR in FY2021, a compound +4.7%/yr. Reported net income was 2.2T IDR in FY2025, compounding +5.9%/yr from FY2021.
Key figures
Market cap 19.0T IDR (≈ $1.1B) Small · P/E ratio 7.7 · P/S ratio 1.01 · EPS (TTM) 752.86 IDR · Dividend yield 8.1% · Net margin 13.2% · Return on equity 11.1% · Return on assets (EBIT) 7.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 54 out of 100 (low confidence).
What moves the price
The share trades about 14% below its 52-week high and 45% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −21% fair-value upside, at 76%, INTP screens cheaper than that median.
Fair Value models
All 25 models by family
The fair value above starts from this blend and is adjusted for a cyclical peak year.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Growth Forecast
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Compare Indocement Tunggal Prakarsa with another stock
Price, fair value, quality and upside side by side.
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.Building Materials · 257 stocks
Valuation Multiplesvs Building Materials median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- P/B ratio by industry
- Net margin by industry
- Stock screener with 62 metrics
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Building Materials stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| China Jushi Co 600176 | ¥27.45 | ¥28.04 | +2% | vs INTP |
| Heidelberg Materials AG HEI | €173.80 | €177.49 | +2% | vs INTP |
| Holcim AG HOLN | CHF 73.26 | CHF 66.54 | −9% | vs INTP |
| Amrize AG AMRZ | $41.87 | $35.08 | −16% | vs INTP |
| CRH plc CRH | $94.81 | $75.09 | −21% | vs INTP |
| Vulcan Materials Company VMC | $282.72 | $132.92 | −53% | vs INTP |
| Martin Marietta Materials, Inc MLM | $518.15 | $214.62 | −59% | vs INTP |
| Grasim Industries Limited GRASIM | ₹3,227 | ₹1,245 | −61% | vs INTP |
| UltraTech Cement Limited ULTRACEMCO | ₹12,450 | ₹4,721 | −62% | vs INTP |
| James Hardie Industries plc JHX | A$41.89 | A$10.28 | −75% | vs INTP |
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Key figures of Indocement Tunggal Prakarsa
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