EN DE

PT MNC Vision Networks Tbk, (IPTV) Fair Value & Analysis

Communication Services · ID · Market cap 1.4T IDR

PM PT MNC Vision Networks Tbk, IPTV · JK
Price29.00 IDR
Fair Value45.42 IDR
Upside+56.6%
Quality56/100
Watch PT MNC Vision Networks Tbk, for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -11.2% net margin
Low debt · generates free cash flow
Ranks above peers (6/10)
Narrow moat 19/100
Evidence: Medium Range 31.09 IDR – 59.75 IDR Share as image

Fair value as of: Jul 19, 2026

From 12 valuation models · updated 22 days ago

Fair value updated Jul 19, 2026, revised from 51.48 IDR to 45.42 IDR (−11.8%) since Jul 5, 2026. Share price −3.3% over the past month.

A solid business, screening 57% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (31.09 IDR). The market is more pessimistic than our downside scenario.
  • Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (31.09 IDR to 59.75 IDR) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

302.00 IDR 19.00 IDR Fair Value 45.42 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range 19.00 IDR – 302.00 IDR · fair‑value band 31.09 IDR – 59.75 IDR · the 29.00 IDR price screens below the 45.42 IDR fair value. Dashed = 300-day average. As of Jul 19, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

PT MNC Vision Networks Tbk, (IPTV) currently trades at 29.00 IDR, while our model-based Fair Value estimate is 45.42 IDR, implying the stock looks roughly 56.6% undervalued today. The Quality Score stands at 56/100 (solid quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, PT MNC Vision Networks Tbk, generated revenue of 1.5T IDR at a net margin of -11.2%. Revenue declined 1.0% year over year. It earns a return on equity of -2.6%. Net debt stands at 502B IDR. Fundamentals as of Jul 19, 2026

Our scenario range runs from 31.09 IDR (bear case) to 59.75 IDR (bull case); at 29.00 IDR, the current price sits below 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 59% below its 52-week high and 21% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -52% fair-value upside, at 57%, IPTV screens cheaper 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 41.71 IDR 59.60 IDR 91.44 IDR 80
Rev-Margin DCF 34.49 IDR 52.78 IDR 75.23 IDR 74
Gordon GGM 124.30 IDR 136.70 IDR 155.76 IDR 70
All 12 models by family
DCF Models
FCF DCF 39.49 IDR 57.77 IDR 92.93 IDR 38
5Y Revenue Exit 34.49 IDR 51.80 IDR 76.95 IDR 39
5Y EBITDA Exit 35.49 IDR 53.53 IDR 77.44 IDR 41
10Y Revenue Exit 34.97 IDR 48.30 IDR 62.58 IDR 36
10Y EBITDA Exit 36.65 IDR 49.40 IDR 62.87 IDR 37
Dividend Discount
Gordon GGM 124.30 IDR 136.70 IDR 155.76 IDR 70
DDM Multi-Stage 124.30 IDR 158.64 IDR 208.31 IDR 61
Multiples
EV/EBITDA 39.36 IDR 53.69 IDR 68.02 IDR 54
EV/Revenue 34.76 IDR 51.21 IDR 67.66 IDR 43
Asset-Based
NCAV (Graham) 69.24 IDR 92.79 IDR 138.49 IDR 50
Growth DCF
Growth DCF 41.71 IDR 59.60 IDR 91.44 IDR 80
Rev-Margin DCF 34.49 IDR 52.78 IDR 75.23 IDR 74

Widest divergence: Dividend Discount (136.70 IDR) versus Multiples (51.21 IDR). Highest evidence: Growth DCF (80).

Notify me when IPTV reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 1.5T IDR
Revenue growth (YoY) -1.0%
Net margin -11.2%
Return on equity -2.6%
Free cash flow 178B IDR FY2025
Operating margin 1.7%
More key figures
EPS (TTM) -4.09 IDR
EPS growth (YoY) +108%
Net debt 502B IDR FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 54 · Market factors (momentum, volatility) 29

Profitability 4
Margins and returns on capital today
Quality Growth 62
Are margins and returns improving?
Cashflow 61
Earnings quality: real cash, not paper profit
Fin. Strength 49
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 21
Distance to the 52-week high (market factor)
Net Issuance 82
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 MNC Vision Networks Tbk, together with its subsidiaries, provides satellite, digital, and internet protocol television (IPTV) services in Indonesia. It operates through the Satellite Services; Digital, IPTV and Broadband Services; and Others segments. The company offers broadcast content through DTH Pay-TV and IPTV; as well as fixed broadband services.

Full company description

PT MNC Vision Networks Tbk, together with its subsidiaries, provides satellite, digital, and internet protocol television (IPTV) services in Indonesia. It operates through the Satellite Services; Digital, IPTV and Broadband Services; and Others segments. The company offers broadcast content through DTH Pay-TV and IPTV; as well as fixed broadband services. It also produces multiple content genres from entertainment to news content. The company was formerly known as PT Sky Vision Networks and changed its name to PT MNC Vision Networks Tbk in February 2018. The company was founded in 2006 and is based in Jakarta Pusat, Indonesia. PT MNC Vision Networks is a subsidiary of PT Global Mediacom Tbk.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT MNC Vision Networks Tbk, reported revenue of 1.5T IDR in FY2025 versus 3.7T IDR in FY2021, a compound −19.8%/yr. Reported net income was −237B IDR in FY2025.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.5T IDR
Latest YoY
−7.8%
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.
−16.7%
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.
−15.9%
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.
−7.1%
Revenue −19.8%/yr
FY21 3.7T IDR
FY22 2.7T IDR
FY23 2.1T IDR
FY24 1.7T IDR
FY25 1.5T IDR
Net income
FY21 199B IDR
FY22 −140B IDR
FY23 −75.6B IDR
FY24 −244B IDR
FY25 −237B IDR

Watch IPTV: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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.

Cite: Fair Value Calculator (2026). "PT MNC Vision Networks Tbk, Fair Value". https://www.fairvalue-calculator.com/stock/IPTV

Peer Group

Entertainment · 265 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 56 · Above median
Fair Value upside +57% · Top 25%
Return on assets -0% · Below median
Net margin (TTM) -11% · Below median
Operating margin (TTM) 2% · Above median
Revenue growth -1% · Below median
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Entertainment median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 0.8× · Cheaper than 75% of peers

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 100 · sector 6
FUTURE 0 · sector 10
PAST 0 · sector 0
HEALTH 99 · sector 97
DIVIDEND 0 · sector 44

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 Entertainment stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Netflix, Inc ZNFL C$6.77 C$2.96 -56%
The Walt Disney Company DIS $96.30 $89.55 -7%
Warner Bros. Discovery, Inc WBD $26.87 $9.13 -66%
Live Nation Entertainment, Inc LYV $178.44 $46.89 -74%
Universal Music Group UMG €18.91 €14.78 -22%
TKO Group TKO $184.40 $22.16 -88%
Empresas Cablevisión, S.A. CABLECPO 55.00 MXN 60.49 MXN +10%
Beijing Enlight Media Co 300251 ¥11.77 ¥10.97 -7%
PT MNC Digital Entertainment Tbk, MSIN 456.00 IDR 221.09 IDR -52%
Prime Focus Limited PFOCUS ₹298.25 ₹63.45 -79%

Compare PT MNC Vision Networks Tbk, with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Communication Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is PT MNC Vision Networks Tbk, (IPTV) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 45.42 IDR versus a price of 29.00 IDR, about +57% (undervalued).
What is the fair value of IPTV?
Our model-based fair value for PT MNC Vision Networks Tbk, is 45.42 IDR (as of Jul 19, 2026), built from audited fundamentals. The current price is 29.00 IDR.
What is the quality score of IPTV?
PT MNC Vision Networks Tbk, has a Quality Score of 56/100. 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 MNC Vision Networks Tbk, (IPTV)?
PT MNC Vision Networks Tbk, reported trailing-twelve-month revenue of about 1.5T IDR (latest available figure, as of Jul 19, 2026).
What is the net profit margin of IPTV?
The net profit margin of PT MNC Vision Networks Tbk, is about -11.2%, 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.

14 days Pro free · no card

Track PT MNC Vision Networks Tbk, and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.