PT Keramika Indonesia Assosiasi Tbk (KIAS) Fair Value & Analysis
Industrials · ID · Market cap 314B IDR
Fair value as of: Jul 16, 2026
From 8 valuation models · updated 26 days ago
Fair value updated Jul 16, 2026, revised from 29.62 IDR to 20.24 IDR (−31.7%) since Jun 24, 2026.
A solid business, currently priced close to our fair value.
What matters now
- The price sits close to our fair value, market and models broadly agree here, little valuation tension.
- Our model range runs from 15.61 IDR (bear) to 24.88 IDR (bull), base 20.24 IDR. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 56/100 (solid quality) with medium evidence: read the verdict with care.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.
How to read this chart
60‑month range 10.00 IDR – 91.00 IDR · fair‑value band 15.61 IDR – 24.88 IDR · the 21.00 IDR price screens above the 20.24 IDR fair value. Dashed = 300-day average. As of Jul 16, 2026.
Analysis
PT Keramika Indonesia Assosiasi Tbk (KIAS) currently trades at 21.00 IDR, while our model-based Fair Value estimate is 20.24 IDR, implying the stock looks roughly 3.6% fairly valued today. The Quality Score stands at 56/100 (solid quality), in the Industrials 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 Keramika Indonesia Assosiasi Tbk generated revenue of 609B IDR at a net margin of -1.7%. Revenue declined 2.2% year over year. It earns a return on equity of -1.5%. The balance sheet holds a net cash position of 25.3B IDR. Fundamentals as of Jul 16, 2026
Our scenario range runs from 15.61 IDR (bear case) to 24.88 IDR (bull case); at 21.00 IDR, the current price sits within 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 5% below its 52-week high and 24% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -33% fair-value upside, at -4%, KIAS 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.
All 8 models by family
Widest divergence: Asset-Based (1,025 IDR) versus DCF Models (20.24 IDR). Highest evidence: Growth DCF (80).
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Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 54 · Market factors (momentum, volatility) 60
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 Keramika Indonesia Assosiasi Tbk engages in production and sale of various ceramic products in Indonesia and internationally. It operates in two segments, Ceramic and Roof Tiles.
Full company description
PT Keramika Indonesia Assosiasi Tbk engages in production and sale of various ceramic products in Indonesia and internationally. It operates in two segments, Ceramic and Roof Tiles. The company offers floor, wall, granite, mosaic, roof, and vinyl tiles; closet, basin, urinal, fitting, shower, and bathroom furniture; adhesive, grout, and sealant; and kitchen wall and counter cabinets, as well as accessories. It provides its products under the KIA HD, KIA, and IMPRESSO brands. The company was founded in 1953 and is headquartered in Jakarta Selatan, Indonesia. PT Keramika Indonesia Assosiasi Tbk operates as a subsidiary of SCG Decor Public Company Limited.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
PT Keramika Indonesia Assosiasi Tbk reported revenue of 612B IDR in FY2025 versus 552B IDR in FY2021, a compound +2.6%/yr. Reported net income was −10.4B IDR in FY2025.
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Peer Group
Building Products & Equipment · 247 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.
Valuation Multiples vs Building Products & Equipment median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Trane Technologies plc TT | $469.98 | $212.34 | -55% |
| Johnson Controls International plc JCI | $142.81 | $45.65 | -68% |
| Carrier Global Corporation CARR | $68.61 | $17.35 | -75% |
| Compagnie de Saint-Gobain S.A SGO | €76.62 | €101.60 | +33% |
| Geberit AG GEBN | CHF 523.20 | CHF 307.66 | -41% |
| Lennox International Inc LII | $543.93 | $363.09 | -33% |
| Kingspan Group KRX | €87.30 | €70.76 | -19% |
| Masco Corporation MAS | $78.04 | $54.36 | -30% |
| PT Impack Pratama Industri Tbk, IMPC | 1,420 IDR | 179.76 IDR | -87% |
| NIBE Industrier AB NIBEB | kr 36.03 | kr 25.37 | -30% |
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Frequently asked questions
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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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