EN DE
Watch Maxindo Karya Anugerah for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Maxindo Karya Anugerah (MAXI) fair value: what the stock is really worth

As of Oct 30, 2026: fair value (intrinsic value) of Maxindo Karya Anugerah stock IDR 2, price IDR 20, upside -88.4%, quality 38 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Consumer Defensive ID

MK Maxindo Karya Anugerah logo Thin data Oct 30, 2026

Maxindo Karya Anugerah

MAXI · JK
Very expensive, weak quality

Our calculation puts a fair price 88% below what the stock costs today.

Expensive Growth (revenue 3y +10.8 %/yr in IDR)
Loss over the last twelve months · -13.0% net margin (TTM) · fiscal year 2025 0.5%
Moderate debt
Profit last quarter 37% below a year ago.
Fair value 2.33 IDR · Strongly overvalued (−88.4%)
Quality 38/100
Trails peers (2/10)
Narrow moat 22/100
Thin data
Watch Maxindo Karya Anugerah for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

85.00 IDR 20.00 IDR Fair Value 2.33 IDR Jun 2023 Oct 2026

White line = price, green steps = our fair value per fiscal year. As of Oct 30, 2026.

How to read this chart

41‑month range 20.00 IDR – 85.00 IDR · fair‑value band 1.63 IDR – 3.03 IDR · the 20.00 IDR price screens above the 2.33 IDR fair value. As of Oct 30, 2026.

Follow Maxindo Karya Anugerah in your weekly email

Every Wednesday you see whether Maxindo Karya Anugerah is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

PT Maxindo Karya Anugerah Tbk engages in the manufacture and sale of tropical roots-based snack food in Indonesia. It offers snack pellets, fried crackers, and fried chips.

Show moreShow less

The company exports its products to Australia, Bahrain, Brunei Darussalam, Canada, China, Germany, Guam, Hong Kong, India, Japan, South Korea, Kuwait, Malaysia, Mauritius, Myanmar, the Netherlands, New Zealand, the Philippines, Poland, Qatar, Russia, Singapore, Suriname, Thailand, the United Arab Emirates, the United Kingdom, and the United States.

The company was founded in 1977 and is based in Bogor, Indonesia.

Stock analysis

Maxindo Karya Anugerah (MAXI) currently trades at 20.00 IDR, while our model-based Fair Value estimate is 2.33 IDR, 88.4% below the price, so the stock looks overvalued today.

Show more

Valuation

Bull case: the Asset-Based group reads highest at a median of 10.18 IDR per share, and 1 of the 10 models we run sit above the 20.00 IDR price.

Bear case: the Multiples group reads lowest at 1.44 IDR, and 9 of the 10 models stay below the price. Data coverage for this calculation is low.

Scenario range: 1.63 IDR (bear) to 3.03 IDR (bull), the price of 20.00 IDR sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 38/100 (below-average quality), in the Consumer Defensive sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Maxindo Karya Anugerah reported revenue of 144B IDR in FY2025 versus 106B IDR in FY2022, a compound +10.8%/yr. Reported net income was 722M IDR in FY2025.

Key figures

Market cap 192B IDR (≈ $10.6M) Micro · P/S ratio 1.34 · Net margin −13.0% · Return on equity −13.5% · Return on assets (EBIT) 1.1% · Operating margin −15.4% · Revenue (TTM) 144B IDR · Revenue growth (YoY) +6.3%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 22 out of 100 (medium confidence).

What moves the price

The share trades about 72% below its 52-week high and at its 52-week low, currently below its 200-day average.

For context, the median of 10 Consumer Defensive peers we cover trades at −21% fair-value upside, at −88%, MAXI screens richer than that median.

Fair Value models

The price assumes far more growth than our models allow for, so the models scatter widely (1.28 IDR to 83.59 IDR). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear 1.63 IDR Fair Value 2.33 IDR Bull 3.03 IDR
Price 20.00 IDR · Upside -88.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual Income 9.71 IDR 8.72 IDR 8.18 IDR 68
Growth-Adj P/E 1.63 IDR 2.33 IDR 3.03 IDR 65
P/E Multiple 1.18 IDR 1.58 IDR 1.97 IDR 63
All 11 models by family
Earnings-Based
Graham-Dodd 0.5100 IDR 3.56 IDR 5.00 IDR 60
Lynch FV 1.25 IDR 1.79 IDR 2.33 IDR 58
PEG = 1.0 1.25 IDR 1.79 IDR 2.33 IDR 55
Multiples
P/E Multiple 1.18 IDR 1.58 IDR 1.97 IDR 63
P/S Multiple 0.9600 IDR 1.28 IDR 1.60 IDR 58
P/B Multiple 62.70 IDR 83.59 IDR 104.49 IDR 55
EV/EBIT n/a 1.44 IDR 4.15 IDR 61
EV/Revenue n/a n/a 1.38 IDR 50
Asset-Based
NCAV (Graham) 7.60 IDR 10.18 IDR 15.20 IDR 54
Economic Profit
Residual Income 9.71 IDR 8.72 IDR 8.18 IDR 68
Growth Earnings
Growth-Adj P/E 1.63 IDR 2.33 IDR 3.03 IDR 65

Open the full fair value analysis →

Quality Score breakdown

Overall quality 38/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 20
How much profit the company makes from its sales and capital
Quality Growth 68
Are margins and returns getting better?
Cashflow 41
Do the profits arrive as real cash?
Financial strength 32
Debt, balance sheet and risk of trouble
Investment 16
Does it invest with discipline instead of growing at any price?
Low Volatility 53
How calm the share price moves, does not count
Momentum 0
Price trend of the last 3 to 12 months, does not count
Near the 52-week high 0
Distance to the 52-week high, does not count
New shares 74
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 45/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+38.3%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+10.8%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
2.3% (2022) → 4.3% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no profitable base year
not computed

MAXI screens overvalued: fair value 88% below the price. Compare with Nestlé S.A →

Compare Maxindo Karya Anugerah with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer Groupⓘ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.Packaged Foods · 635 stocks

Beats the industry median on 2/9 measures
Overall it trails its industry peers.
Valuation
Quality Score 38 · Bottom 25%
Fair Value upside −88.4% · Bottom 25%
Profitability
Return on assets 0.2% · Bottom 25%
Net margin (12 months) −13.0% · Bottom 25%
Operating margin (12 months) −15.4% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) 6.3% · Above median
Balance sheet
Debt / equity 0.63× · Highest 25%

Valuation Multiplesvs Packaged Foods median · lower = cheaper

P/B 1.32× · Cheaper than median
P/S (12 months) 1.34× · Pricier than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 37
FUTURE (revenue growth)32 · sector 23
PAST (return on equity)0 · sector 31
HEALTH (low debt)68 · sector 96
DIVIDEND (yield)0 · sector 56

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

Context: sector, industry, market

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 Packaged Foods stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Wilmar International Limited F34 3.27 SGD 5.89 SGD +80% vs MAXI
Inner Mongolia Yili Industrial Group 600887 ¥28.89 ¥41.84 +45% vs MAXI
The Kraft Heinz Company KHC $24.06 $29.20 +21% vs MAXI
Foshan Haitian Flavouring and Food Company 603288 ¥34.48 ¥37.93 +10% vs MAXI
Danone S.A BN €64.38 €50.65 −21% vs MAXI
Nestlé S.A NESN CHF 82.81 CHF 59.51 −28% vs MAXI
Kerry Group KRZ €96.95 €60.33 −38% vs MAXI
Nestlé India Limited NESTLEIND ₹1,181 ₹724.74 −39% vs MAXI
General Mills, Inc GIS $33.47 $19.61 −41% vs MAXI
Yihai Kerry Arawana Holdings 300999 ¥25.34 ¥12.21 −52% vs MAXI

Explore undervalued stocks

More undervalued Consumer Defensive stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Peter Lynch Fair Value Formula &…Free calculator
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Maxindo Karya Anugerah · Fair Value
2.33 IDR −88%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "Maxindo Karya Anugerah Fair Value". https://www.fairvalue-calculator.com/stock/MAXI

Frequently asked questions

Is Maxindo Karya Anugerah (MAXI) overvalued or undervalued?
As of Oct 30, 2026, our model estimates a fair value of 2.33 IDR versus a price of 20.00 IDR, about −88% upside (overvalued).
What is the fair value of MAXI?
Our model-based fair value for Maxindo Karya Anugerah is 2.33 IDR (as of Oct 30, 2026), built from audited fundamentals. The current price: 20.00 IDR.
What is the quality score of MAXI?
Maxindo Karya Anugerah has a Quality Score of 38/100. 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 price target for Maxindo Karya Anugerah (MAXI)?
Our model-based price target is the fair value of 2.33 IDR (as of Oct 30, 2026) from 11 valuation models. Cautious scenario 1.63 IDR, optimistic scenario 3.03 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the Maxindo Karya Anugerah stock forecast for 2026?
Our models put fair value at 2.33 IDR, about −88% upside versus a price of 20.00 IDR (overvalued). Cautious scenario 1.63 IDR, optimistic scenario 3.03 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of Maxindo Karya Anugerah (MAXI)?
Maxindo Karya Anugerah reported trailing-twelve-month revenue of about 144B IDR (latest available figure, as of Oct 30, 2026).
What is the intrinsic value of Maxindo Karya Anugerah (MAXI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Maxindo Karya Anugerah it is 2.33 IDR per share (as of Oct 30, 2026), against a price of 20.00 IDR. It is the blended result of 11 valuation models (cash flow, earnings, asset, dividend).
Is Maxindo Karya Anugerah stock overvalued or undervalued in 2026?
As of Oct 30, 2026, MAXI trades above its calculated fair value: price 20.00 IDR, fair value 2.33 IDR, a gap of about −88% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MAXI?
No. The price is what the market pays today (20.00 IDR); the fair value is what the company's own numbers justify (2.33 IDR). For Maxindo Karya Anugerah the two are 17.67 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is Maxindo Karya Anugerah worth?
The market values Maxindo Karya Anugerah at about 192B IDR (market capitalisation, as of Oct 30, 2026). Per share that is 20.00 IDR; our models calculate a fair value of 2.33 IDR per share.
What do the bullish and bearish scenarios say about MAXI?
Our models span a range for Maxindo Karya Anugerah: cautious scenario 1.63 IDR, base 2.33 IDR, optimistic 3.03 IDR per share (as of Oct 30, 2026, price 20.00 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Maxindo Karya Anugerah (MAXI)?
Balance-sheet figures for Maxindo Karya Anugerah (as of Oct 30, 2026): return on equity −13.5%, debt of 0.63 per unit of equity. They feed the Quality Score of 38/100, which measures business quality independently of the share price.
How far is MAXI from its 52-week high?
Maxindo Karya Anugerah trades at 20.00 IDR, about 72% below its 52-week high of 71.00 IDR and at the low of 20.00 IDR (as of Oct 30, 2026). Distance from the high says nothing about value: that is what the fair value of 2.33 IDR is for.
Which stocks are comparable to Maxindo Karya Anugerah?
From the same area (Consumer Defensive) we also value Nestlé S.A, Danone S.A, Foshan Haitian Flavouring and Food Company, The Kraft Heinz Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Maxindo Karya Anugerah stock attractive at the current price?
The data as of Oct 30, 2026: price 20.00 IDR, calculated fair value 2.33 IDR (−88%), Quality Score 38/100, from 11 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MAXI calculated?
We run Maxindo Karya Anugerah through 11 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 2.33 IDR, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.4 % above its aggregate fair value. Maxindo Karya Anugerah itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Maxindo Karya Anugerah (MAXI)?
The closing price on Oct 30, 2026 was 20.00 IDR. Our model-based fair value is 2.33 IDR, about −88% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Maxindo Karya Anugerah right now?
The price sits above even our optimistic bull case (3.03 IDR). The favourable scenario is already priced in. Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (1.63 IDR to 3.03 IDR) leaves room in how you read the outcome.

Key figures of Maxindo Karya Anugerah

How large is the market capitalisation of Maxindo Karya Anugerah (MAXI)?
The market capitalisation of Maxindo Karya Anugerah is 192B IDR (≈ $10.6M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Maxindo Karya Anugerah (MAXI)?
The price-to-sales ratio of Maxindo Karya Anugerah is 1.34 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of Maxindo Karya Anugerah (MAXI)?
The net margin of Maxindo Karya Anugerah is −13.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Maxindo Karya Anugerah (MAXI)?
The return on equity (ROE) of Maxindo Karya Anugerah is −13.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Maxindo Karya Anugerah (MAXI)?
On an EBIT basis the return on assets of Maxindo Karya Anugerah is 1.1% (avg 4y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Maxindo Karya Anugerah (MAXI)?
The operating margin of Maxindo Karya Anugerah is −15.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Maxindo Karya Anugerah (MAXI)?
Revenue at Maxindo Karya Anugerah is growing +6.3% versus a year earlier (3y avg +10.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Maxindo Karya Anugerah (MAXI)?
Earnings per share at Maxindo Karya Anugerah are growing −36.8% versus a year earlier. How much earnings per share grew versus a year earlier.
Free · no account needed

Watch Maxindo Karya Anugerah in the live analysis

One click puts Maxindo Karya Anugerah on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 28,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.