EN DE

PT Multifiling Mitra Indonesia Tbk (MFMI) Fair Value & Analysis

Industrials · ID · Market cap 985B IDR

PM PT Multifiling Mitra Indonesia Tbk MFMI · JK
Price1,300 IDR
Fair Value638.27 IDR
Upside-50.9%
Quality66/100
Watch PT Multifiling Mitra Indonesia Tbk for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Solidly profitable · 11.9% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/14)
Moderate moat 62/100
Evidence: High Range 478.70 IDR – 797.84 IDR Share as image

Fair value as of: Jul 13, 2026

From 26 valuation models · updated 28 days ago

Share price +2.3% over the past month.

A solid business, but screening 51% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (797.84 IDR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

1,300 IDR 421.57 IDR Fair Value 638.27 IDR Jan 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range 421.57 IDR – 1,300 IDR · fair‑value band 478.70 IDR – 797.84 IDR · the 1,300 IDR price screens above the 638.27 IDR fair value. Dashed = 300-day average. As of Jul 13, 2026.

Full chart & analysis →

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

Analysis

PT Multifiling Mitra Indonesia Tbk (MFMI) currently trades at 1,300 IDR, while our model-based Fair Value estimate is 638.27 IDR, implying the stock looks roughly 50.9% overvalued today. The Quality Score stands at 66/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, PT Multifiling Mitra Indonesia Tbk generated revenue of 172B IDR at a net margin of 11.9%. Revenue declined 5.2% year over year. It earns a return on equity of 15.5%. Net debt stands at 186B IDR. Fundamentals as of Jul 13, 2026

Our scenario range runs from 478.70 IDR (bear case) to 797.84 IDR (bull case); at 1,300 IDR, the current price sits above 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 near its 52-week high and 3% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -35% fair-value upside, at -51%, MFMI screens richer 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
Growth DCF 669.30 IDR 1,024 IDR 1,623 IDR 80
Residual Income 198.86 IDR 240.53 IDR 566.19 IDR 76
Rev-Margin DCF 494.56 IDR 695.65 IDR 936.99 IDR 74
All 26 models by family
DCF Models
FCF DCF 662.12 IDR 1,016 IDR 1,606 IDR 38
Owner Earnings 907.60 IDR 1,426 IDR 2,290 IDR 31
5Y Revenue Exit 494.56 IDR 693.41 IDR 947.09 IDR 39
5Y EBITDA Exit 1,051 IDR 1,767 IDR 2,627 IDR 41
5Y P/E Exit 596.88 IDR 890.64 IDR 1,206 IDR 38
10Y Revenue Exit 537.60 IDR 739.41 IDR 1,014 IDR 36
10Y EBITDA Exit 914.54 IDR 1,514 IDR 2,363 IDR 37
10Y P/E Exit 614.68 IDR 881.81 IDR 1,222 IDR 35
Earnings-Based
Graham-Dodd 206.68 IDR 737.61 IDR 993.50 IDR 54
Lynch FV 173.61 IDR 248.01 IDR 322.42 IDR 50
PEG = 1.0 173.61 IDR 248.01 IDR 322.42 IDR 46
EPV 678.40 IDR 774.50 IDR 859.91 IDR 59
Dividend Discount
Gordon GGM 327.05 IDR 714.00 IDR 1,201 IDR 70
DDM Multi-Stage 327.05 IDR 584.88 IDR 744.10 IDR 61
Multiples
P/E Multiple 478.70 IDR 638.27 IDR 797.84 IDR 63
P/S Multiple 344.69 IDR 459.59 IDR 574.48 IDR 58
P/B Multiple 387.52 IDR 516.70 IDR 645.87 IDR 55
EV/EBIT 975.60 IDR 1,256 IDR 1,537 IDR 53
EV/EBITDA 1,361 IDR 1,770 IDR 2,179 IDR 54
EV/Revenue 423.40 IDR 547.49 IDR 671.58 IDR 43
Asset-Based
NCAV (Graham) 81.88 IDR 109.72 IDR 163.76 IDR 50
Growth DCF
Growth DCF 669.30 IDR 1,024 IDR 1,623 IDR 80
Rev-Margin DCF 494.56 IDR 695.65 IDR 936.99 IDR 74
Economic Profit
Residual Income 198.86 IDR 240.53 IDR 566.19 IDR 76
ROIC Compounder 689.93 IDR 801.99 IDR 911.91 IDR 72
Growth Earnings
Growth-Adj P/E 332.88 IDR 475.55 IDR 618.21 IDR 68

Widest divergence: DCF Models (890.64 IDR) versus Asset-Based (109.72 IDR). Highest evidence: Growth DCF (80).

Notify me when MFMI reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 172B IDR
Revenue growth (YoY) -5.2%
Net margin 11.9%
Return on equity 15.5%
Free cash flow 32.2B IDR FY2025
P/E ratio 37.8
More key figures
Operating margin 23.9%
EPS (TTM) 34.36 IDR
EPS growth (YoY) -35.9%
Net debt 186B IDR FY2025

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 64 · Market factors (momentum, volatility) 66

Profitability 44
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 85
Earnings quality: real cash, not paper profit
Fin. Strength 63
Balance sheet, leverage, solvency risk
Investment 68
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 68
Distance to the 52-week high (market factor)
Net Issuance 82
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 Multifiling Mitra Indonesia Tbk provides records and information management, data management, document management solutions, and secure shredding services in Indonesia.

Full company description

PT Multifiling Mitra Indonesia Tbk provides records and information management, data management, document management solutions, and secure shredding services in Indonesia. It offers document scanning and digital storage; secure shredding and IT asset recycling and disposition; and legal and vital records storage, file room, clean start, offsite records storage, and offsite tape vaulting services. The company also provides Iron Mountain Clean Start that navigates changing workplace requirements from densifying and reconfiguring the office for social distancing to office closures or moving to digital way of working; and Iron Mountain Connect web portal that allows to locate and retrieve the information as needed. The company was founded in 1992 and is headquartered in Bekasi, Indonesia. PT Multifiling Mitra Indonesia Tbk is a subsidiary of Iron Mountain Hong Kong Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Multifiling Mitra Indonesia Tbk reported revenue of 174B IDR in FY2025 versus 145B IDR in FY2021, a compound +4.8%/yr. Reported net income was 23.0B IDR in FY2025, compounding −2.2%/yr from FY2021.

Growth Quality 71/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
174B IDR
Latest YoY
−3.2%
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.
+3.4%
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.
+4.2%
Avg. growth/yr (18Y) 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.
+10.4%
Revenue +4.8%/yr
FY21 145B IDR
FY22 158B IDR
FY23 170B IDR
FY24 180B IDR
FY25 174B IDR
Net income −2.2%/yr
FY21 25.2B IDR
FY22 24.0B IDR
FY23 28.1B IDR
FY24 26.1B IDR
FY25 23.0B IDR
Character of growth · EPS growth decomposed (2014-2025) +4.7 % p.a.
Revenue per share +8.4 pp

of which total revenue +8.4 pp · buybacks/dilution +0.0 pp

EBIT margin +1.1 pp
Tax rate +0.3 pp
Residual (interest, one-offs) −5.0 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).

MFMI screens 51% overvalued. Compare with Cintas Corporation →

Share or link this analysis
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.

Cite: Fair Value Calculator (2026). "PT Multifiling Mitra Indonesia Tbk Fair Value". https://www.fairvalue-calculator.com/stock/MFMI

Peer Group

Specialty Business Services · 253 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 66 · Top 25%
Fair Value upside −51% · Bottom 25%
Return on equity (TTM) 16% · Top 25%
Return on assets 6% · Above median
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 24% · Top 25%
Revenue growth -5% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Specialty Business Services median · lower = cheaper

P/E (TTM) 37.8× · Pricier than 75% of peers
P/B 7.94× · Pricier than 75% of peers
P/S (TTM) 5.74× · Pricier than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 13.6× · Pricier than 75% of peers

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 0 · sector 24
FUTURE 0 · sector 27
PAST 62 · sector 33
HEALTH 100 · sector 92
DIVIDEND 0 · sector 54

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

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 Specialty Business Services stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
Cintas Corporation CTAS $206.25 $95.30 -54%
RELX PLC RELX $33.70 $32.49 -4%
Thomson Reuters Corporation TRI C$133.87 C$70.40 -47%
Copart, Inc CPRT $27.61 $28.59 +4%
Global Payments Inc GPN $80.49 $69.67 -13%
RB Global, Inc RBA C$156.43 C$49.14 -69%
Brambles Limited BXB A$18.79 A$12.28 -35%
UL Solutions Inc ULS $87.76 $33.62 -62%
Wolters Kluwer N.V WKL €62.56 €103.99 +66%
Aramark ARMK $56.74 $13.73 -76%

Compare PT Multifiling Mitra Indonesia Tbk with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

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

Frequently asked questions

Is PT Multifiling Mitra Indonesia Tbk (MFMI) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of 638.27 IDR versus a price of 1,300 IDR, about −51% (overvalued).
What is the fair value of MFMI?
Our model-based fair value for PT Multifiling Mitra Indonesia Tbk is 638.27 IDR (as of Jul 13, 2026), built from audited fundamentals. The current price is 1,300 IDR.
What is the quality score of MFMI?
PT Multifiling Mitra Indonesia Tbk has a Quality Score of 66/100. 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 Multifiling Mitra Indonesia Tbk (MFMI)?
PT Multifiling Mitra Indonesia Tbk reported trailing-twelve-month revenue of about 172B IDR (latest available figure, as of Jul 13, 2026).
What is the net profit margin of MFMI?
The net profit margin of PT Multifiling Mitra Indonesia Tbk is about 11.9%, meaning it keeps roughly 11.9% 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.

14 days Pro free · no card

Track PT Multifiling Mitra Indonesia Tbk and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.