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PT UBC Medical Indonesia Tbk (LABS) Fair Value & Analysis

Healthcare · ID · Market cap 585B IDR

PU PT UBC Medical Indonesia Tbk LABS · JK
Price157.00 IDR
Fair Value76.01 IDR
Upside-51.6%
Quality47/100
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Healthy Growth
Thin margins · 5.9% net margin
Low debt · generates free cash flow
Ranks above peers (6/9)
Narrow moat 40/100
Evidence: High Range 50.23 IDR – 93.53 IDR Share as image

Fair value as of: Jul 11, 2026

From 24 valuation models · updated 30 days ago

Share price +6.1% over the past month.

Below-average quality, and screening another 52% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (93.53 IDR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (50.23 IDR to 93.53 IDR) leaves room in how you read the outcome.
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Price vs Fair Value (2 years)

216.00 IDR 109.00 IDR Fair Value 76.01 IDR Jul 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

25‑month range 109.00 IDR – 216.00 IDR · fair‑value band 50.23 IDR – 93.53 IDR · the 157.00 IDR price screens above the 76.01 IDR fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

PT UBC Medical Indonesia Tbk (LABS) currently trades at 157.00 IDR, while our model-based Fair Value estimate is 76.01 IDR, implying the stock looks roughly 51.6% overvalued today. The Quality Score stands at 47/100 (below-average quality), in the Healthcare 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: high).

Over the trailing twelve months, PT UBC Medical Indonesia Tbk generated revenue of 206B IDR at a net margin of 5.9%. Revenue grew 19.6% year over year. It earns a return on equity of 8.2%. The balance sheet holds a net cash position of 13.7B IDR. Fundamentals as of Jul 11, 2026

Our scenario range runs from 50.23 IDR (bear case) to 93.53 IDR (bull case); at 157.00 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 about 40% below its 52-week high and 31% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -26% fair-value upside, at -52%, LABS 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
Growth DCF 46.98 IDR 81.56 IDR 154.44 IDR 80
Rev-Margin DCF 59.79 IDR 113.59 IDR 215.80 IDR 74
ROIC Compounder 63.81 IDR 89.42 IDR 110.03 IDR 72
All 24 models by family
DCF Models
FCF DCF 49.24 IDR 73.27 IDR 151.87 IDR 38
Owner Earnings 66.69 IDR 142.85 IDR 309.88 IDR 31
5Y Revenue Exit 59.09 IDR 100.64 IDR 188.10 IDR 39
5Y EBITDA Exit 91.16 IDR 165.53 IDR 311.83 IDR 41
5Y P/E Exit 63.84 IDR 136.08 IDR 235.55 IDR 38
10Y Revenue Exit 55.26 IDR 123.02 IDR 170.37 IDR 36
10Y EBITDA Exit 81.43 IDR 193.72 IDR 397.42 IDR 37
10Y P/E Exit 61.03 IDR 133.49 IDR 255.02 IDR 35
Earnings-Based
Graham-Dodd 23.25 IDR 162.16 IDR 227.56 IDR 54
Lynch FV 62.52 IDR 89.32 IDR 116.11 IDR 50
PEG = 1.0 62.52 IDR 89.32 IDR 116.11 IDR 46
EPV 51.38 IDR 58.69 IDR 65.18 IDR 59
Multiples
P/E Multiple 56.42 IDR 75.23 IDR 94.03 IDR 63
P/S Multiple 43.60 IDR 58.13 IDR 72.66 IDR 58
P/B Multiple 43.60 IDR 58.13 IDR 72.66 IDR 55
EV/EBIT 75.73 IDR 97.64 IDR 119.55 IDR 53
EV/EBITDA 101.78 IDR 132.37 IDR 162.97 IDR 54
EV/Revenue 56.91 IDR 77.01 IDR 97.12 IDR 43
Asset-Based
NCAV (Graham) 19.30 IDR 25.86 IDR 38.60 IDR 50
Growth DCF
Growth DCF 46.98 IDR 81.56 IDR 154.44 IDR 80
Rev-Margin DCF 59.79 IDR 113.59 IDR 215.80 IDR 74
Economic Profit
Residual Income 33.43 IDR 36.66 IDR 53.93 IDR 61
ROIC Compounder 63.81 IDR 89.42 IDR 110.03 IDR 72
Growth Earnings
Growth-Adj P/E 80.83 IDR 115.48 IDR 150.12 IDR 68

Widest divergence: DCF Models (133.49 IDR) versus Asset-Based (25.86 IDR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 206B IDR
Revenue growth (YoY) +19.6%
Net margin 5.9%
Return on equity 8.2%
Free cash flow 8.7B IDR FY2025
Operating margin 2.1%
More key figures
EPS growth (YoY) -77.8%
Net cash 13.7B IDR FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 50 · Market factors (momentum, volatility) 37

Profitability 48
Margins and returns on capital today
Quality Growth 90
Are margins and returns improving?
Cashflow 41
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 24
Disciplined investing over empire-building
Low Volatility 26
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 39
Distance to the 52-week high (market factor)
Net Issuance 0
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 UBC Medical Indonesia Tbk engages in the marketing and distribution of medical devices in Indonesia. The company operates in two segments, Medical Disposables and Consumables, and Diagnostics and Equipment.

Full company description

PT UBC Medical Indonesia Tbk engages in the marketing and distribution of medical devices in Indonesia. The company operates in two segments, Medical Disposables and Consumables, and Diagnostics and Equipment. It offers TB management, newborn screening, HPV DNA test, real time PCR, infectious disease, extraction kit, all-in-one GP workstation, hisky, and AIRDOC products. The company also wholesale of laboratory equipment, pharmaceutical equipment, and medical equipment for human beings and animals; and chemical products and traditional medicine. The company was founded in 2014 and is based in Jakarta Timur, Jakarta. PT UBC Medical Indonesia Tbk operates as a subsidiary of PT Optel Investama Mulia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT UBC Medical Indonesia Tbk reported revenue of 199B IDR in FY2025 versus 130B IDR in FY2021, a compound +11.3%/yr. Reported net income was 13.5B IDR in FY2025, compounding +157.3%/yr from FY2021.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
199B IDR
Latest YoY
+35.0%
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.
+28.8%
Revenue +11.3%/yr
FY21 130B IDR
FY22 93.3B IDR
FY23 137B IDR
FY24 148B IDR
FY25 199B IDR
Net income +157.3%/yr
FY21 308M IDR
FY22 2.8B IDR
FY23 2.2B IDR
FY24 3.0B IDR
FY25 13.5B IDR

LABS screens 52% overvalued. Compare with Abbott Laboratories, →

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Cite: Fair Value Calculator (2026). "PT UBC Medical Indonesia Tbk Fair Value". https://www.fairvalue-calculator.com/stock/LABS

Peer Group

Medical Devices · 352 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 47 · Below median
Fair Value upside −52% · Below median
Return on equity (TTM) 8% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 6% · Above median
Operating margin (TTM) 2% · Below median
Revenue growth 20% · Top 25%
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Medical Devices median · lower = cheaper

P/FCF 0.0× · 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 0 · sector 0
FUTURE 98 · sector 29
PAST 33 · sector 8
HEALTH 99 · sector 97
DIVIDEND 0 · sector 38

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

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 Medical Devices stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $100.68 $74.79 -26%
Stryker Corporation SYK $316.44 $186.28 -41%
Medtronic plc MDT $83.56 $65.57 -22%
Boston Scientific Corporation BSX $43.04 $38.44 -11%
Edwards Lifesciences Corporation EW $85.73 $41.02 -52%
Siemens Healthineers AG SHL €34.59 €33.87 -2%
DexCom, Inc DXCM $74.96 $38.95 -48%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥149.43 ¥147.63 -1%
Shanghai United Imaging Healthcare Co 688271 ¥109.00 ¥43.60 -60%
Demant A/S DEMANT kr 276.60 kr 161.17 -42%

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Frequently asked questions

Is PT UBC Medical Indonesia Tbk (LABS) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of 76.01 IDR versus a price of 157.00 IDR, about −52% (overvalued).
What is the fair value of LABS?
Our model-based fair value for PT UBC Medical Indonesia Tbk is 76.01 IDR (as of Jul 11, 2026), built from audited fundamentals. The current price is 157.00 IDR.
What is the quality score of LABS?
PT UBC Medical Indonesia Tbk has a Quality Score of 47/100. 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 UBC Medical Indonesia Tbk (LABS)?
PT UBC Medical Indonesia Tbk reported trailing-twelve-month revenue of about 206B IDR (latest available figure, as of Jul 11, 2026).
What is the net profit margin of LABS?
The net profit margin of PT UBC Medical Indonesia Tbk is about 5.9%, meaning it keeps roughly 5.9% 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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