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PT Lippo Karawaci Tbk (LPKR) Fair Value & Analysis

Healthcare · ID · Market cap 4.4T IDR

PL PT Lippo Karawaci Tbk LPKR · JK
Price66.00 IDR
Fair Value95.73 IDR
Upside+45.0%
Quality26/100
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Mixed Growth
Thin margins · 4.7% net margin
Low debt · negative free cash flow
Ranks above peers (8/13)
Narrow moat 33/100
Evidence: High Range 71.79 IDR – 119.65 IDR Share as image

Fair value as of: Jul 19, 2026

From 7 valuation models · updated 22 days ago

Share price +10.0% over the past month.

Below-average quality, screening 45% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (26/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (71.79 IDR). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

220.00 IDR 52.00 IDR Fair Value 95.73 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 52.00 IDR – 220.00 IDR · fair‑value band 71.79 IDR – 119.65 IDR · the 66.00 IDR price screens below the 95.73 IDR fair value. Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

PT Lippo Karawaci Tbk (LPKR) currently trades at 66.00 IDR, while our model-based Fair Value estimate is 95.73 IDR, implying the stock looks roughly 45.0% undervalued today. The Quality Score stands at 26/100 (below-average quality), in the Healthcare 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, PT Lippo Karawaci Tbk generated revenue of 8.6T IDR at a net margin of 4.7%. Revenue declined 12.7% year over year. It earns a return on equity of 1.5%. Net debt stands at 7.7T IDR. Fundamentals as of Jul 19, 2026

Our scenario range runs from 71.79 IDR (bear case) to 119.65 IDR (bull case); at 66.00 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 54% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at 11% fair-value upside, at 45%, LPKR 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
Residual Income 299.77 IDR 283.23 IDR 220.58 IDR 76
P/S Multiple 84.46 IDR 112.62 IDR 140.77 IDR 58
P/B Multiple 84.46 IDR 112.62 IDR 140.77 IDR 55
All 7 models by family
Multiples
P/S Multiple 84.46 IDR 112.62 IDR 140.77 IDR 58
P/B Multiple 84.46 IDR 112.62 IDR 140.77 IDR 55
EV/EBIT 115.97 IDR 163.50 IDR 211.03 IDR 53
EV/EBITDA 175.75 IDR 243.21 IDR 310.66 IDR 54
EV/Revenue 52.03 IDR 85.73 IDR 119.43 IDR 43
Asset-Based
NCAV (Graham) 212.53 IDR 284.80 IDR 425.07 IDR 50
Economic Profit
Residual Income 299.77 IDR 283.23 IDR 220.58 IDR 76

Widest divergence: Asset-Based (284.80 IDR) versus Multiples (112.62 IDR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 8.6T IDR
Revenue growth (YoY) -12.7%
Net margin 4.7%
Return on equity 1.5%
Free cash flow −1.8T IDR FY2025
P/E ratio 10.3
More key figures
Operating margin 10.7%
EPS (TTM) 5.74 IDR
EPS growth (YoY) -36.8%
Net debt 7.7T IDR FY2025

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

Quality Score breakdown

Overall quality 26/100

Of which business quality 28 · Market factors (momentum, volatility) 20

Profitability 17
Margins and returns on capital today
Quality Growth 7
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 42
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 Lippo Karawaci Tbk engages in real estate development, healthcare and lifestyle businesses in Indonesia. The company is also involved in investment, development, trading, home care, and financing activities; installation and water treatment; town management; urban development; marketing and building management; clean water and waste management; hotel …

Full company description

PT Lippo Karawaci Tbk engages in real estate development, healthcare and lifestyle businesses in Indonesia. The company is also involved in investment, development, trading, home care, and financing activities; installation and water treatment; town management; urban development; marketing and building management; clean water and waste management; hotel management; catering service; and provision of accommodation and burial services. PT Lippo Karawaci Tbk founded in 1990 and is based in Tangerang, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Lippo Karawaci Tbk reported revenue of 8.8T IDR in FY2025 versus 16.1T IDR in FY2021, a compound −14.0%/yr. Reported net income was 470B IDR in FY2025.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
8.8T IDR
Latest YoY
−22.1%
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.
−15.5%
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.
−5.6%
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.
+15.7%
Revenue −14.0%/yr
FY21 16.1T IDR
FY22 14.7T IDR
FY23 16.8T IDR
FY24 11.3T IDR
FY25 8.8T IDR
Net income
FY21 −1.6T IDR
FY22 −2.3T IDR
FY23 50.1B IDR
FY24 18.7T IDR
FY25 470B IDR
Character of growth · EPS growth decomposed (2014-2025) +11.1 % p.a.
Revenue per share −4.8 pp

of which total revenue +2.1 pp · buybacks/dilution −6.9 pp

EBIT margin +12.4 pp
Tax rate +2.3 pp
Residual (interest, one-offs) +1.3 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). "PT Lippo Karawaci Tbk Fair Value". https://www.fairvalue-calculator.com/stock/LPKR

Peer Group

Medical Care Facilities · 261 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 27 · Bottom 25%
Fair Value upside +45% · Top 25%
Return on equity (TTM) 2% · Below median
Return on assets 1% · Below median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth -13% · Bottom 25%
Debt / equity 0.13× · Lower than median

Valuation Multiples vs Medical Care Facilities median · lower = cheaper

P/E (TTM) 10.8× · Cheaper than 75% of peers
P/B 0.15× · Cheaper than 75% of peers
P/S (TTM) 0.51× · Cheaper than median
EV/EBITDA 7.9× · Cheaper than median
PEG 1.65× · 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 93 · sector 23
FUTURE 0 · sector 24
PAST 6 · sector 30
HEALTH 94 · sector 90
DIVIDEND 0 · sector 38

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

Stock Price Fair Value vs Fair Value
HCA Healthcare, Inc HCA $378.85 $554.93 +46%
Fresenius SE FRE €41.73 €32.15 -23%
Dr. Sulaiman Al Habib Medical Services Group 4013 235.00 SAR 112.37 SAR -52%
IHH Healthcare Berhad, an investment holding company, Q0F 2.58 SGD 1.44 SGD -44%
Tenet Healthcare Corporation THC $194.91 $338.05 +73%
Rede D'Or São Luiz S.A RDOR3 R$36.01 R$47.31 +31%
DaVita Inc DVA $231.61 $255.97 +11%
Apollo Hospitals Enterprise Limited APOLLOHOSP ₹8,955 ₹2,955 -67%
Fresenius Medical Care AG FMS $24.68 $45.60 +85%
Aier Eye Hospital Group 300015 ¥8.68 ¥7.67 -12%

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Frequently asked questions

Is PT Lippo Karawaci Tbk (LPKR) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 95.73 IDR versus a price of 66.00 IDR, about +45% (undervalued).
What is the fair value of LPKR?
Our model-based fair value for PT Lippo Karawaci Tbk is 95.73 IDR (as of Jul 19, 2026), built from audited fundamentals. The current price is 66.00 IDR.
What is the quality score of LPKR?
PT Lippo Karawaci Tbk has a Quality Score of 26/100. 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 Lippo Karawaci Tbk (LPKR)?
PT Lippo Karawaci Tbk reported trailing-twelve-month revenue of about 8.6T IDR (latest available figure, as of Jul 19, 2026).
What is the net profit margin of LPKR?
The net profit margin of PT Lippo Karawaci Tbk is about 4.7%, meaning it keeps roughly 4.7% 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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