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Lautan Luas Tbk (LTLS) Fair Value & Analysis

Basic Materials · ID · Market cap 1.1T IDR (≈ $114M) · ISIN ID1000133507

What is Lautan Luas Tbk really worth?

LL Lautan Luas Tbk LTLS · JK
Price850.00 IDR
Fair Value1,735 IDR
Upside+104.1%
Quality53/100

A solid business, trading 51% below our fair value of 1,735 IDR.

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Strengths

Ranks above peers (9/13)

Risks

!Expensive Growth (revenue 5y +9.5 %/yr)
!Thin margins · 1.7% net margin
!Low debt · negative free cash flow
!Narrow moat 32/100
!Evidence only low, so the estimate is less certain
!Weak on past: 21 out of 100
Evidence: Low Range 1,502 IDR – 2,168 IDR

Fair value as of: Aug 27, 2026

From 17 valuation models · updated 5 days ago

Share price +2.4% over the past month.

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 (1,502 IDR). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid quality (53/100) at a price below fair value, the discount is the argument here, not the business quality.

Price vs Fair Value (5 years)

1,341 IDR 376.78 IDR Fair Value 1,735 IDR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range 376.78 IDR – 1,341 IDR · fair‑value band 1,502 IDR – 2,168 IDR · the 850.00 IDR price screens below the 1,735 IDR fair value. Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

Lautan Luas Tbk (LTLS) currently trades at 850.00 IDR, while our model-based Fair Value estimate is 1,735 IDR, implying the stock looks roughly 51.0% undervalued today. The Quality Score stands at 53/100 (solid quality), in the Basic Materials sector. Bull case: the Growth Earnings group reads highest at a median of 4,394 IDR per share, and 16 of the 17 models we run sit above the 850.00 IDR price. Bear case: the Dividend Discount group reads lowest at 774.11 IDR, and 1 of the 17 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Lautan Luas Tbk generated revenue of 8.9T IDR at a net margin of 1.7%. Revenue grew 6.3% year over year. It earns a return on equity of 5.3%. Net debt stands at 1.1T IDR. Fundamentals as of Aug 27, 2026

Our scenario range runs from 1,502 IDR (bear case) to 2,168 IDR (bull case); at 850.00 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 4% below its 52-week high and 25% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at −58% fair-value upside, at 104%, LTLS screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly 65.51 IDR per share, which is 3.8 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
EPV 2,373 IDR 2,806 IDR 3,191 IDR 74
Residual Income 1,620 IDR 1,651 IDR 1,608 IDR 74
ROIC Compounder 2,804 IDR 4,041 IDR 5,335 IDR 69
All 17 models by family
DCF Models
Owner Earnings 1,420 IDR 3,437 IDR 7,859 IDR 67
Earnings-Based
Graham-Dodd 693.84 IDR 4,839 IDR 6,791 IDR 61
Lynch FV 2,500 IDR 3,571 IDR 4,643 IDR 59
PEG = 1.0 2,500 IDR 3,571 IDR 4,643 IDR 55
EPV 2,373 IDR 2,806 IDR 3,191 IDR 74
Dividend Discount
Gordon GGM 432.86 IDR 945.00 IDR 1,590 IDR 63
DDM Multi-Stage 432.86 IDR 774.11 IDR 984.84 IDR 64
Multiples
P/E Multiple 1,301 IDR 1,735 IDR 2,168 IDR 63
P/S Multiple 1,301 IDR 1,735 IDR 2,168 IDR 58
P/B Multiple 1,301 IDR 1,735 IDR 2,168 IDR 55
EV/EBIT 2,935 IDR 3,940 IDR 4,945 IDR 66
EV/EBITDA 3,098 IDR 4,158 IDR 5,217 IDR 67
EV/Revenue 2,533 IDR 3,652 IDR 4,772 IDR 53
Asset-Based
NCAV (Graham) 1,040 IDR 1,393 IDR 2,080 IDR 54
Economic Profit
Residual Income 1,620 IDR 1,651 IDR 1,608 IDR 74
ROIC Compounder 2,804 IDR 4,041 IDR 5,335 IDR 69
Growth Earnings
Growth-Adj P/E 3,076 IDR 4,394 IDR 5,712 IDR 65

Widest divergence: Growth Earnings (4,394 IDR) versus Dividend Discount (774.11 IDR). Highest evidence: EPV (74).

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Key figures & financial health

P/E ratio 8.7
P/S ratio 0.15 P/E × margin
EPS (TTM) 97.97 IDR price ÷ EPS = P/E 8.7
Dividend yield 6.4% payout 55.4%
Net margin 1.7% FY2025
Return on equity 5.3% TTM
More key figures
Profitability
Return on assets (EBIT) 7.6% avg 5y
Operating margin 4.4% TTM
Growth
Revenue (TTM) 8.9T IDR TTM
Revenue growth (YoY) +6.3% 3y avg +3.8%
EPS growth (YoY) −4.1%
Balance sheet & cash flow
Free cash flow −65.0B IDR FY2025
Net debt 1.1T IDR FY2025

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 51 · Market factors (momentum, volatility) 63

Profitability 43
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 17
Earnings quality: real cash, not paper profit
Fin. Strength 48
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 90
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 61
Distance to the 52-week high (market factor)
Net Issuance 89
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

PT Lautan Luas Tbk, together with its subsidiaries, manufactures and distributes basic and specialty chemicals in Indonesia and internationally. It operates in three segments: Distribution; Manufacturing; and Services.

Full company description

PT Lautan Luas Tbk, together with its subsidiaries, manufactures and distributes basic and specialty chemicals in Indonesia and internationally. It operates in three segments: Distribution; Manufacturing; and Services. The company offers integrated logistics services, including contract and outsourcing logistics, warehouse package and bulk services, bulk product management, stevedoring, cold chain, cold and liquid storage, kitting and co-packaging, freight forwarding, export import expedition, customs brokerage, 3P logistics, and e-fulfilment, as well as cargo, domestics distribution, and transportation services. It also provides water solution services, such as consultation, send water sample, water sample test, results and recommendation, survey, proposal, transaction, payment and schedule, installation, and checking services through WATERCARE; and water treatment products with multimedia filter, ultra-filtration, UV, Ion-exchange, reverse osmosis and other technologies through PUREVE; and water treatment services, as well as IT consultant and management services. In addition, the company offers sulfuric acid; laboratory services and solutions; integrated end-to-end logistics and supply chain business, and information technology solutions. Further, it provides non-dairy creamer; glucose; and refilled drinking water, as well as produces and distributes chemical products. It serves pharmaceutical and health care, food and beverages, industrial drinking and wastewater, personal and household care, automotive, animal feed, building construction, agriculture, mining, textile and apparel, as well as pulp, paper, and packaging industries. The company was formerly known as Perusahaan Andil Maskapai Dagang dan Industri Lim Teck Lee and changed its name to PT Lautan Luas Tbk in 1965. The company was founded in 1951 and is headquartered in Jakarta Barat, Indonesia. PT Lautan Luas Tbk is a subsidiary of PT Caturkarsa Megatunggal.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Lautan Luas Tbk reported revenue of 8.8T IDR in FY2025 versus 6.6T IDR in FY2021, a compound +7.3%/yr. Reported net income was 149B IDR in FY2025, compounding −14.1%/yr from FY2021.

Growth Quality 48/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
8.8T IDR
Latest YoY
+13.9%
Avg. revenue 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.
+3.8%
Avg. revenue 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.
+9.5%
Avg. revenue 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.
+10.0%
Value creation/yr (5Y, in IDR) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in IDR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+3.1% (−3.3 + 6.4)
Revenue +7.3%/yr
FY21 6.6T IDR
FY22 7.9T IDR
FY23 7.3T IDR
FY24 7.7T IDR
FY25 8.8T IDR
Net income −14.1%/yr
FY21 274B IDR
FY22 321B IDR
FY23 161B IDR
FY24 220B IDR
FY25 149B IDR
Character of growth · EPS growth decomposed (2014-2025) +9.9 % p.a.
Revenue per share +2.7 %

of which total revenue +2.7 % · buybacks/dilution +0.0 %

EBIT margin −1.6 %
Tax rate +1.7 %
Residual (interest, one-offs) +7.0 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Lautan Luas Tbk Fair Value". https://www.fairvalue-calculator.com/stock/LTLS

Peer Group

Specialty Chemicals · 712 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 53 · Above median
Fair Value upside +104% · Top 25%
Return on equity (TTM) 5% · Below median
Return on assets 4% · Above median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 4% · Below median
Revenue growth 6% · Above median
Dividend yield (TTM) 6.4% · Top 25%
Debt / equity 0.13× · Higher than median

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/E (TTM) 8.7× · Cheaper than 75% of peers
P/B 0.38× · Cheaper than 75% of peers
P/S (TTM) 0.13× · Cheaper than 75% of peers
EV/EBITDA 2.4× · Cheaper than 75% of peers

Strength profile in five axes (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
FUTURE32 · sector 19
PAST21 · sector 23
HEALTH94 · sector 95
DIVIDEND100 · sector 29

Insider activity: 42/100

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

Similar stocks

10 more Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

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The Sherwin-Williams Company SHW $344.86 $143.38 −58%
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Air Products and Chemicals, Inc APD $308.09 $122.14 −60%
Givaudan SA GIVN CHF 3,282 CHF 1,498 −54%
Wanhua Chemical Group 600309 ¥75.06 ¥68.03 −9%
500820 500820 ₹2,757 ₹557.43 −80%
Novozymes A/S NSISB kr 456.40 kr 169.99 −63%
Asian Paints Limited ASIANPAINT ₹2,630 ₹696.23 −74%
PPG Industries, Inc PPG $114.22 $71.31 −38%

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Frequently asked questions

Is Lautan Luas Tbk (LTLS) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of 1,735 IDR versus a price of 850.00 IDR, about +104% upside (undervalued).
What is the fair value of LTLS?
Our model-based fair value for Lautan Luas Tbk is 1,735 IDR (as of Aug 27, 2026), built from audited fundamentals. The current price: 850.00 IDR.
What is the quality score of LTLS?
Lautan Luas 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 Lautan Luas Tbk (LTLS)?
Lautan Luas Tbk reported trailing-twelve-month revenue of about 8.9T IDR (latest available figure, as of Aug 27, 2026).
What is the net profit margin of LTLS?
The net profit margin of Lautan Luas Tbk is about 1.7%, meaning it keeps roughly 1.7% of revenue as net income. Based on the latest reported figures.
Does Lautan Luas Tbk pay a dividend?
Lautan Luas Tbk currently shows a dividend yield of about 6.38% relative to its recent price (as of Aug 27, 2026).
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