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PT DMS Propertindo Tbk (KOTA) Fair Value & Analysis

Real Estate · ID · Market cap 981B IDR

PD PT DMS Propertindo Tbk KOTA · JK
Price178.00 IDR
Fair Value54.09 IDR
Upside-69.6%
Quality53/100
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Expensive Growth
Highly profitable · 35.2% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/12)
Moderate moat 64/100
Evidence: Medium Range 32.15 IDR – 76.03 IDR Share as image

Fair value as of: Jul 16, 2026

From 7 valuation models · updated 25 days ago

Share price +89.4% over the past month.

A solid business, but screening 70% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (76.03 IDR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (32.15 IDR to 76.03 IDR) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

780.00 IDR 5.00 IDR Fair Value 54.09 IDR Feb 2021 Aug 2026

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 5.00 IDR – 780.00 IDR · fair‑value band 32.15 IDR – 76.03 IDR · the 178.00 IDR price screens above the 54.09 IDR fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

PT DMS Propertindo Tbk (KOTA) currently trades at 178.00 IDR, while our model-based Fair Value estimate is 54.09 IDR, implying the stock looks roughly 69.6% overvalued today. The Quality Score stands at 53/100 (solid quality), in the Real Estate 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 DMS Propertindo Tbk generated revenue of 150B IDR at a net margin of 35.2%. It earns a return on equity of 4.3%. Net debt stands at 355B IDR. The stock trades on a trailing P/E of 16.7. Fundamentals as of Jul 16, 2026

Our scenario range runs from 32.15 IDR (bear case) to 76.03 IDR (bull case); at 178.00 IDR, the current price sits above 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 near its 52-week high, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -13% fair-value upside, at -70%, KOTA screens richer 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
Residual Income 87.13 IDR 85.67 IDR 75.61 IDR 61
P/S Multiple 50.33 IDR 67.11 IDR 83.89 IDR 58
P/B Multiple 50.33 IDR 67.11 IDR 83.89 IDR 55
All 7 models by family
Multiples
P/S Multiple 50.33 IDR 67.11 IDR 83.89 IDR 58
P/B Multiple 50.33 IDR 67.11 IDR 83.89 IDR 55
EV/EBIT 32.84 IDR 54.78 IDR 76.72 IDR 53
EV/EBITDA 31.91 IDR 53.53 IDR 75.16 IDR 54
EV/Revenue 3.33 IDR 18.88 IDR 34.44 IDR 43
Asset-Based
NCAV (Graham) 58.60 IDR 78.52 IDR 117.20 IDR 50
Economic Profit
Residual Income 87.13 IDR 85.67 IDR 75.61 IDR 61

Widest divergence: Economic Profit (85.67 IDR) versus Multiples (54.78 IDR). Highest evidence: Residual Income (61).

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Key figures & financial health

Revenue (TTM) 150B IDR
Revenue growth (YoY) +472%
Net margin 35.2%
Return on equity 4.3%
Free cash flow −367B IDR FY2025
P/E ratio 16.7
More key figures
Operating margin 35.9%
EPS (TTM) 4.90 IDR
Net debt 355B IDR FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 51 · Market factors (momentum, volatility) 69

Profitability 32
Margins and returns on capital today
Quality Growth 71
Are margins and returns improving?
Cashflow 35
Earnings quality: real cash, not paper profit
Fin. Strength 53
Balance sheet, leverage, solvency risk
Investment 52
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 97
Price trend over the last 3–12 months (market factor)
52W Momentum 100
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 DMS Propertindo Tbk operates as a property development and hospitality management company in Indonesia. The company engages in real estate and property, and hotels. The company was founded in 2011 and is headquartered in Jakarta Selatan, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT DMS Propertindo Tbk reported revenue of 123B IDR in FY2025 versus 12.1B IDR in FY2021, a compound +78.6%/yr. Reported net income was 41.6B IDR in FY2025.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
123B IDR
Latest YoY
+317.3%
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.
+80.2%
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.
+78.8%
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.
+23.4%
Revenue +78.6%/yr
FY21 12.1B IDR
FY22 20.9B IDR
FY23 27.9B IDR
FY24 29.4B IDR
FY25 123B IDR
Net income
FY21 −15.2B IDR
FY22 −21.1B IDR
FY23 −24.7B IDR
FY24 −18.1B IDR
FY25 41.6B IDR

KOTA screens 70% overvalued. Compare with Vingroup Joint Stock Company →

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Cite: Fair Value Calculator (2026). "PT DMS Propertindo Tbk Fair Value". https://www.fairvalue-calculator.com/stock/KOTA

Peer Group

Real Estate Services · 520 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 55 · Below median
Fair Value upside −70% · Bottom 25%
Return on equity (TTM) 4% · Above median
Return on assets 2% · Above median
Net margin (TTM) 35% · Above median
Operating margin (TTM) 36% · Above median
Revenue growth 472% · Top 25%
Debt / equity 0.34× · Higher than median

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/E (TTM) 19.0× · Pricier than median
P/B 0.79× · Pricier than median
P/S (TTM) 6.52× · Pricier than 75% of peers
EV/EBITDA 18.1× · Pricier than median

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 0 · sector 37
FUTURE 100 · sector 10
PAST 17 · sector 16
HEALTH 83 · sector 85
DIVIDEND 0 · sector 49

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

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 Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Vingroup Joint Stock Company VIC 223,000 VND 25,731 VND -88%
KE Holdings 2423 HK$44.76 HK$18.03 -60%
Swire Properties Limited 1972 HK$23.90 HK$18.75 -22%
China Resources Mixc Lifestyle Services Limited 1209 HK$39.92 HK$34.92 -13%
Plaza S.A MALLPLAZA 3,725 CLP 5,571 CLP +50%
SAGAA SAGAA kr 170.00 kr 75.55 -56%
Cencosud Shopping S.A CENCOMALLS 2,324 CLP 2,976 CLP +28%
WHA Corporation WHAR 5.45 THB 4.14 THB -24%
PT Sarana Menara Nusantara Tbk. owns and TOWR 372.00 IDR 1,208 IDR +225%
PT Metropolitan Kentjana Tbk MKPI 20,975 IDR 19,160 IDR -9%

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Frequently asked questions

Is PT DMS Propertindo Tbk (KOTA) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 54.09 IDR versus a price of 178.00 IDR, about −70% (overvalued).
What is the fair value of KOTA?
Our model-based fair value for PT DMS Propertindo Tbk is 54.09 IDR (as of Jul 16, 2026), built from audited fundamentals. The current price is 178.00 IDR.
What is the quality score of KOTA?
PT DMS Propertindo Tbk has a Quality Score of 53/100. 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 DMS Propertindo Tbk (KOTA)?
PT DMS Propertindo Tbk reported trailing-twelve-month revenue of about 150B IDR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of KOTA?
The net profit margin of PT DMS Propertindo Tbk is about 35.2%, meaning it keeps roughly 35.2% 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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