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PT Modernland Realty Tbk, (MDLN) Fair Value & Analysis

Real Estate · ID · Market cap 597B IDR

PM PT Modernland Realty Tbk, MDLN · JK
Price50.00 IDR
Fair Value125.00 IDR
Upside+150.0%
Quality95/100
Evidence: Medium Range 93.75 IDR – 156.25 IDR

Fair value as of: Jun 26, 2026

From 10 valuation models · updated 3 days ago

Share price −2.0% over the past month.

Price vs Fair Value (12 months)

77.00 IDR 50.00 IDR Fair Value 125.00 IDR Jun 2025 Jun 2026

12‑month range 50.00 IDR – 77.00 IDR · fair‑value band 93.75 IDR – 156.25 IDR · the 50.00 IDR price screens below the 125.00 IDR fair value. As of Jun 26, 2026.

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Analysis

PT Modernland Realty Tbk, (MDLN) currently trades at 50.00 IDR, while our model-based Fair Value estimate is 125.00 IDR — implying the stock looks roughly 150.0% undervalued today. We read business quality at 95/100 (high quality), in the Real Estate 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: medium) — always confirm before acting.

Over the trailing twelve months, PT Modernland Realty Tbk, generated revenue of 938B IDR at a net margin of -81.1%. Revenue declined 34.6% year over year. It earns a return on equity of -19.6%. Net debt stands at 6.3T IDR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 938B IDR
Revenue growth (YoY) -34.6%
Net margin -81.1%
Return on equity -19.6%
Free cash flow −371B IDR FY2025
Operating margin -16.1%
More key figures
EPS (TTM) -63.64 IDR
EPS growth (YoY) +284%
Net debt 6.3T IDR FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

PT Modernland Realty Tbk, together with its subsidiaries, develops and sells real estate properties in Indonesia. The company engages in the township, residential, and industrial town development business; and sale of real estate and apartments, as well as property leasing services. It also operates a four-star hotel under the Novotel Gajah Mada and Swiss-Belinn Modern Cikande brand name; and a golf and country club under the Padang Golf Modern and Country Club name. The company was founded in 1983 and is headquartered in Jakarta Barat, Indonesia.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Modernland Realty Tbk, reported revenue of 1.0T IDR in FY2025 versus 2.0T IDR in FY2021, a compound −15.7%/yr. Reported net income was 242B IDR in FY2025.

Revenue −15.7%/yr
FY21 2.0T IDR
FY22 1.1T IDR
FY23 1.2T IDR
FY24 1.0T IDR
FY25 1.0T IDR
Net income
FY21 −42.0B IDR
FY22 20.2B IDR
FY23 −102B IDR
FY24 −690B IDR
FY25 242B IDR

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Similar stocks

6 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Vinhomes Joint Stock Company VHM 155,400 VND 148,549 VND -4%
DLF Limited DLF ₹627.60 ₹215.17 -66%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,150 IDR 1,330 IDR -78%
Lodha Developers Limited LODHA ₹926.65 ₹774.29 -16%
Oberoi Realty Limited OBEROIRLTY ₹1,592 ₹1,400 -12%
Godrej Properties Limited GODREJPROP ₹1,799 ₹1,034 -43%

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Frequently asked questions

Is PT Modernland Realty Tbk, (MDLN) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 125.00 IDR versus a price of 50.00 IDR — about +150% (undervalued). Model-based estimate, not financial advice.
What is the fair value of MDLN?
Our 21-model fair value for PT Modernland Realty Tbk, is 125.00 IDR (as of Jun 26, 2026), built from audited fundamentals. The current price is 50.00 IDR.
What is the quality score of MDLN?
PT Modernland Realty 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 Modernland Realty Tbk, (MDLN)?
PT Modernland Realty Tbk, reported trailing-twelve-month revenue of about 938B IDR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of MDLN?
The net profit margin of PT Modernland Realty Tbk, is about -81.1%, meaning it is currently running at a net loss. 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.