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PT Malindo Feedmill Tbk, (MAIN) Fair Value & Analysis

Consumer Defensive · ID · Market cap 1.4T IDR

PM PT Malindo Feedmill Tbk, MAIN · JK
Price690.00 IDR
Fair Value3,706 IDR
Upside+437.1%
Quality95/100
Evidence: Low Range 2,393 IDR – 4,632 IDR

Fair value as of: Jun 24, 2026

From 25 valuation models · updated 5 days ago

Share price −13.7% over the past month.

Price vs Fair Value (12 months)

1,045 IDR 582.72 IDR Fair Value 3,706 IDR Jun 2025 Jun 2026

12‑month range 582.72 IDR – 1,045 IDR · fair‑value band 2,393 IDR – 4,632 IDR · the 690.00 IDR price screens below the 3,706 IDR fair value. As of Jun 24, 2026.

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Analysis

PT Malindo Feedmill Tbk, (MAIN) currently trades at 690.00 IDR, while our model-based Fair Value estimate is 3,706 IDR — implying the stock looks roughly 437.1% undervalued today. We read business quality at 95/100 (high quality), in the Consumer Defensive 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: low) — always confirm before acting.

Over the trailing twelve months, PT Malindo Feedmill Tbk, generated revenue of 13.2T IDR at a net margin of 3.4%. Revenue grew 16.6% year over year. It earns a return on equity of 15.9%. Net debt stands at 1.3T IDR. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 13.2T IDR
Revenue growth (YoY) +16.6%
Net margin 3.4%
Return on equity 15.9%
Free cash flow 331B IDR FY2025
P/E ratio 3.2
More key figures
Operating margin 4.8%
EPS (TTM) 202.99 IDR
EPS growth (YoY) +96.4%
Net debt 1.3T IDR FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

PT Malindo Feedmill Tbk, together with its subsidiaries, engages in the production of animal feed in Indonesia. The company operates through Feedmill, Breeder, Broiler, and Food and Poultry Processing segments. It is also involved in the parent stock and day old chicken farm; broiler chicken farm; processing and preserving of meat; providing of food and beverages; and duck farm and slaughterhouse with packaging of poultry meat. It provides its products under the SunnyGold brand name. PT Malindo Feedmill Tbk was founded in 1997 and is headquartered in Jakarta Selatan, Indonesia. PT Malindo Feedmill Tbk operates as a subsidiary of Dragon Amity Pte. Ltd.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Malindo Feedmill Tbk, reported revenue of 12.7T IDR in FY2025 versus 9.1T IDR in FY2021, a compound +8.6%/yr. Reported net income was 394B IDR in FY2025, compounding +59.8%/yr from FY2021.

Revenue +8.6%/yr
FY21 9.1T IDR
FY22 11.1T IDR
FY23 12.1T IDR
FY24 12.5T IDR
FY25 12.7T IDR
Net income +59.8%/yr
FY21 60.4B IDR
FY22 26.2B IDR
FY23 63.4B IDR
FY24 488B IDR
FY25 394B IDR

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6 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

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Frequently asked questions

Is PT Malindo Feedmill Tbk, (MAIN) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 3,706 IDR versus a price of 690.00 IDR — about +437% (undervalued). Model-based estimate, not financial advice.
What is the fair value of MAIN?
Our 21-model fair value for PT Malindo Feedmill Tbk, is 3,706 IDR (as of Jun 24, 2026), built from audited fundamentals. The current price is 690.00 IDR.
What is the quality score of MAIN?
PT Malindo Feedmill Tbk, has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PT Malindo Feedmill Tbk, (MAIN)?
PT Malindo Feedmill Tbk, reported trailing-twelve-month revenue of about 13.2T IDR (latest available figure, as of Jun 24, 2026).
What is the net profit margin of MAIN?
The net profit margin of PT Malindo Feedmill Tbk, is about 3.4%, meaning it keeps roughly 3.4% 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.