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Kmi Wire And Cable Tbk (KBLI) Fair Value & Analysis

Industrials · ID · Market cap 1.3T IDR

KW Kmi Wire And Cable Tbk KBLI · JK
Price326.00 IDR
Fair Value845.43 IDR
Upside+159.3%
Quality58/100
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Strengths

Trades 159% below our fair value of 845.43 IDR
Low debt · generates free cash flow
Ranks above peers (12/14)

Risks

!Mixed Growth
!Thin margins · 5.2% net margin
!Narrow moat 35/100
!Weak on past: 27 out of 100
Mixed Growth
Thin margins · 5.2% net margin
Low debt · generates free cash flow
Ranks above peers (12/14)
Narrow moat 35/100
Evidence: High Range 562.85 IDR – 1,125 IDR Share as image

Fair value as of: Aug 21, 2026

From 26 valuation models · updated yesterday

Share price +1.9% over the past month.

A solid business, screening 159% undervalued on our models.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price is below even our cautious bear case (562.85 IDR). The market is more pessimistic than our downside scenario.
  • Solid quality (58/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (562.85 IDR to 1,125 IDR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

399.76 IDR 226.78 IDR Fair Value 845.43 IDR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 21, 2026.

How to read this chart

60‑month range 226.78 IDR – 399.76 IDR · fair‑value band 562.85 IDR – 1,125 IDR · the 326.00 IDR price screens below the 845.43 IDR fair value. Dashed = 300-day average. As of Aug 21, 2026.

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Analysis

Kmi Wire And Cable Tbk (KBLI) currently trades at 326.00 IDR, while our model-based Fair Value estimate is 845.43 IDR, implying the stock looks roughly 159.3% undervalued today. The Quality Score stands at 58/100 (solid quality), in the Industrials 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: high), always confirm before acting.

Over the trailing twelve months, Kmi Wire And Cable Tbk generated revenue of 3.8T IDR at a net margin of 5.2%. Revenue grew 6.2% year over year. It earns a return on equity of 6.9%. The balance sheet holds a net cash position of 101B IDR. Fundamentals as of Aug 21, 2026

Our scenario range runs from 562.85 IDR (bear case) to 1,125 IDR (bull case); at 326.00 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 19% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -65% fair-value upside, at 159%, KBLI 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 347.38 IDR 574.78 IDR 979.23 IDR 80
Residual Income 582.41 IDR 619.63 IDR 684.51 IDR 76
Rev-Margin DCF 500.58 IDR 870.21 IDR 1,338 IDR 74
All 26 models by family
DCF Models
FCF DCF 347.40 IDR 587.23 IDR 1,015 IDR 38
Owner Earnings 701.94 IDR 1,230 IDR 2,174 IDR 31
5Y Revenue Exit 500.58 IDR 883.84 IDR 1,408 IDR 39
5Y EBITDA Exit 562.59 IDR 1,010 IDR 1,571 IDR 41
5Y P/E Exit 651.61 IDR 1,191 IDR 1,806 IDR 38
10Y Revenue Exit 430.11 IDR 782.51 IDR 1,327 IDR 36
10Y EBITDA Exit 490.36 IDR 876.11 IDR 1,465 IDR 37
10Y P/E Exit 550.36 IDR 1,011 IDR 1,663 IDR 35
Earnings-Based
Graham-Dodd 345.68 IDR 1,519 IDR 2,079 IDR 54
Lynch FV 392.50 IDR 560.72 IDR 728.93 IDR 50
PEG = 1.0 392.50 IDR 560.72 IDR 728.93 IDR 46
EPV 571.74 IDR 663.32 IDR 744.72 IDR 59
Dividend Discount
Gordon GGM 163.34 IDR 356.59 IDR 599.98 IDR 70
DDM Multi-Stage 163.34 IDR 292.11 IDR 371.63 IDR 61
Multiples
P/E Multiple 800.66 IDR 1,068 IDR 1,334 IDR 63
P/S Multiple 648.16 IDR 864.21 IDR 1,080 IDR 58
P/B Multiple 648.16 IDR 864.21 IDR 1,080 IDR 55
EV/EBIT 787.96 IDR 1,033 IDR 1,278 IDR 53
EV/EBITDA 712.89 IDR 932.92 IDR 1,153 IDR 54
EV/Revenue 577.51 IDR 802.37 IDR 1,027 IDR 43
Asset-Based
NCAV (Graham) 351.06 IDR 470.42 IDR 702.13 IDR 50
Growth DCF
Growth DCF 347.38 IDR 574.78 IDR 979.23 IDR 80
Rev-Margin DCF 500.58 IDR 870.21 IDR 1,338 IDR 74
Economic Profit
Residual Income 582.41 IDR 619.63 IDR 684.51 IDR 76
ROIC Compounder 571.74 IDR 663.32 IDR 808.60 IDR 72
Growth Earnings
Growth-Adj P/E 647.46 IDR 924.94 IDR 1,202 IDR 68

Widest divergence: Growth Earnings (924.94 IDR) versus Dividend Discount (292.11 IDR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 3.8T IDR
Revenue growth (YoY) +6.2%
Net margin 5.2%
Return on equity 6.9%
Free cash flow 88.4B IDR FY2025
P/E ratio 6.5 as of Jul 19, 2026
More key figures
Operating margin 4.5%
EPS (TTM) 49.00 IDR
EPS growth (YoY) -14.5%
Net cash 101B IDR FY2025

Figures from reported company fundamentals · as of Aug 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 58 · Market factors (momentum, volatility) 55

Profitability 44
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 28
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 80
Disciplined investing over empire-building
Low Volatility 90
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 38
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 KMI Wire and Cable Tbk manufactures and sells various power cables in Indonesia. It operates through Manufacturing of Power Cables and Other segments.

Full company description

PT KMI Wire and Cable Tbk manufactures and sells various power cables in Indonesia. It operates through Manufacturing of Power Cables and Other segments. The company offers aluminum, copper, and ground bare conductors; low voltage power cables comprising aluminum, copper, control, flexible, and instrument cables; medium voltage power cables, such as aluminum and copper cables; high voltage power cables; special purpose cables, including fire resistance, flame retardant, lead sheated, nylon, and thermocouple cables; aluminum and copper rods, and rod products; and outdoor and indoor cables. It supplies power cables to the state-owned electricity company; and cables to private and industrial sectors comprising oil and gas, mining, industrial, and other sectors. The company sells its products under the kabelmetal Indonesia, and KMI Wire and Cable brands, as well as through a chain of distributors and resellers. It also exports its products in Asia, Europe, the Middle East, Africa, the Pacific, and South America. PT KMI Wire and Cable Tbk was founded in 1972 and is based in Jakarta, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kmi Wire And Cable Tbk reported revenue of 3.7T IDR in FY2025 versus 1.8T IDR in FY2021, a compound +20.7%/yr. Reported net income was 204B IDR in FY2025, compounding +21.4%/yr from FY2021.

Growth Quality 76/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
3.7T IDR
Latest YoY
+10.1%
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.
+18.9%
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.
+13.7%
Avg. growth/yr (25Y) 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.
+11.9%
Revenue +20.7%/yr
FY21 1.8T IDR
FY22 2.2T IDR
FY23 2.8T IDR
FY24 3.4T IDR
FY25 3.7T IDR
Net income +21.4%/yr
FY21 93.7B IDR
FY22 64.9B IDR
FY23 125B IDR
FY24 230B IDR
FY25 204B IDR
Character of growth · EPS growth decomposed (2014-2025) +0.8 % p.a.
Revenue per share +2.6 pp

of which total revenue +2.6 pp · buybacks/dilution +0.0 pp

EBIT margin −2.9 pp
Tax rate +0.4 pp
Residual (interest, one-offs) +0.8 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Kmi Wire And Cable Tbk Fair Value". https://www.fairvalue-calculator.com/stock/KBLI

Peer Group

Electrical Equipment & Parts · 549 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 58 · Above median
Fair Value upside +159% · Top 25%
Return on equity (TTM) 7% · Above median
Return on assets 4% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 4% · Below median
Revenue growth 6% · Below median
Dividend yield (TTM) 5.5% · Top 25%
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 6.5× · Cheaper than 75% of peers
P/B 0.45× · Cheaper than 75% of peers
P/S (TTM) 0.34× · Cheaper than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 4.2× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 0
FUTURE31 · sector 57
PAST27 · sector 26
HEALTH100 · sector 97
DIVIDEND100 · sector 23

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

Similar stocks

10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Aug 21, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$652.50 HK$394.19 -40%
Delta Electronics (Thailand) Public Company DELTA 269.00 THB 40.28 THB -85%
LG Energy Solution, Ltd 373220 365,500 KRW 201,455 KRW -45%
WEG S.A WEGE3 14,900 ARS 4,338 ARS -71%
Sungrow Power Supply Co 300274 ¥117.53 ¥123.83 +5%
HD Hyundai Electric Co 267260 752,000 KRW 371,133 KRW -51%
LS ELECTRIC Co 010120 206,500 KRW 29,594 KRW -86%
Hyosung Heavy Industries Corporation 298040 2,857,000 KRW 1,013,099 KRW -65%
Hitachi Energy India Limited POWERINDIA ₹33,510 ₹6,106 -82%
CG Power and Industrial Solutions Limited CGPOWER ₹893.95 ₹130.16 -85%

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Frequently asked questions

Is Kmi Wire And Cable Tbk (KBLI) overvalued or undervalued?
As of Aug 21, 2026, our model estimates a fair value of 845.43 IDR versus a price of 326.00 IDR, about +159% (undervalued).
What is the fair value of KBLI?
Our model-based fair value for Kmi Wire And Cable Tbk is 845.43 IDR (as of Aug 21, 2026), built from audited fundamentals. The current price: 326.00 IDR.
What is the quality score of KBLI?
Kmi Wire And Cable Tbk has a Quality Score of 58/100. 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 Kmi Wire And Cable Tbk (KBLI)?
Kmi Wire And Cable Tbk reported trailing-twelve-month revenue of about 3.8T IDR (latest available figure, as of Aug 21, 2026).
What is the net profit margin of KBLI?
The net profit margin of Kmi Wire And Cable Tbk is about 5.2%, meaning it keeps roughly 5.2% of revenue as net income. 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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