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PT Menthobi Karyatama Raya Tbk (MKTR) Fair Value & Analysis

Consumer Defensive · ID · Market cap 1.4T IDR

PM PT Menthobi Karyatama Raya Tbk MKTR · JK
Price120.00 IDR
Fair Value86.78 IDR
Upside-27.7%
Quality58/100
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Healthy Growth
Thin margins · 4.4% net margin
Moderate debt · generates free cash flow
Mixed vs. peers (7/14)
Narrow moat 41/100
Evidence: High Range 58.02 IDR – 119.45 IDR Share as image

Fair value as of: Jul 16, 2026

From 22 valuation models · updated 24 days ago

Fair value updated Jul 16, 2026, revised from 95.56 IDR to 86.78 IDR (−9.2%) since Jun 24, 2026.

A solid business, but screening 28% overvalued on our models.

What matters now

  • Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (58.02 IDR to 119.45 IDR) leaves room in how you read the outcome.
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Price vs Fair Value (4 years)

289.60 IDR 102.43 IDR Fair Value 86.78 IDR Nov 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

45‑month range 102.43 IDR – 289.60 IDR · fair‑value band 58.02 IDR – 119.45 IDR · the 120.00 IDR price screens above the 86.78 IDR fair value. Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

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Analysis

PT Menthobi Karyatama Raya Tbk (MKTR) currently trades at 120.00 IDR, while our model-based Fair Value estimate is 86.78 IDR, implying the stock looks roughly 27.7% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Consumer Defensive 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 Menthobi Karyatama Raya Tbk generated revenue of 1.3T IDR at a net margin of 4.4%. Revenue grew 20.6% year over year. It earns a return on equity of 8.8%. Net debt stands at 590B IDR. Fundamentals as of Jul 16, 2026

Our scenario range runs from 58.02 IDR (bear case) to 119.45 IDR (bull case); at 120.00 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 about 40% below its 52-week high and 35% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 102% fair-value upside, at -28%, MKTR 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 72.41 IDR 178.78 IDR 402.98 IDR 80
Residual Income 47.12 IDR 51.07 IDR 66.36 IDR 76
Rev-Margin DCF 74.72 IDR 183.06 IDR 397.00 IDR 74
All 22 models by family
DCF Models
FCF DCF 79.35 IDR 153.29 IDR 395.06 IDR 38
5Y Revenue Exit 68.82 IDR 154.90 IDR 335.54 IDR 39
5Y P/E Exit 45.56 IDR 144.17 IDR 277.07 IDR 38
10Y Revenue Exit 69.74 IDR 216.32 IDR 313.75 IDR 36
10Y P/E Exit 56.89 IDR 165.03 IDR 339.41 IDR 35
Earnings-Based
Graham-Dodd 30.94 IDR 215.80 IDR 302.84 IDR 54
Lynch FV 93.17 IDR 133.11 IDR 173.04 IDR 50
PEG = 1.0 93.17 IDR 133.11 IDR 173.04 IDR 46
EPV 41.09 IDR 55.65 IDR 68.58 IDR 59
Dividend Discount
Gordon GGM 14.53 IDR 31.71 IDR 53.36 IDR 70
DDM Multi-Stage 14.53 IDR 25.98 IDR 33.05 IDR 61
Multiples
P/E Multiple 71.67 IDR 95.56 IDR 119.45 IDR 63
P/S Multiple 58.02 IDR 77.36 IDR 96.70 IDR 58
P/B Multiple 58.02 IDR 77.36 IDR 96.70 IDR 55
EV/EBIT 91.73 IDR 136.10 IDR 180.46 IDR 53
EV/Revenue 53.62 IDR 94.34 IDR 135.05 IDR 43
Asset-Based
NCAV (Graham) 27.65 IDR 37.05 IDR 55.30 IDR 50
Growth DCF
Growth DCF 72.41 IDR 178.78 IDR 402.98 IDR 80
Rev-Margin DCF 74.72 IDR 183.06 IDR 397.00 IDR 74
Economic Profit
Residual Income 47.12 IDR 51.07 IDR 66.36 IDR 76
ROIC Compounder 41.09 IDR 56.18 IDR 91.00 IDR 72
Growth Earnings
Growth-Adj P/E 115.09 IDR 164.41 IDR 213.73 IDR 68

Widest divergence: Growth DCF (178.78 IDR) versus Dividend Discount (25.98 IDR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.3T IDR
Revenue growth (YoY) +20.6%
Net margin 4.4%
Return on equity 8.8%
Free cash flow 81.5B IDR FY2025
P/E ratio 25.2
More key figures
Operating margin 7.5%
EPS (TTM) 4.57 IDR
EPS growth (YoY) +40.5%
Net debt 590B IDR FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 57 · Market factors (momentum, volatility) 39

Profitability 36
Margins and returns on capital today
Quality Growth 68
Are margins and returns improving?
Cashflow 63
Earnings quality: real cash, not paper profit
Fin. Strength 48
Balance sheet, leverage, solvency risk
Investment 60
Disciplined investing over empire-building
Low Volatility 42
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 39
Distance to the 52-week high (market factor)
Net Issuance 81
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 Menthobi Karyatama Raya Tbk engages in the cultivation and development of palm oil plantations; and crude palm oil processing activities and related derivative products primarily in Indonesia. The company is involved in the rental of heavy equipment; and provision of waste management, logistics, and technical and managerial consulting services.

Full company description

PT Menthobi Karyatama Raya Tbk engages in the cultivation and development of palm oil plantations; and crude palm oil processing activities and related derivative products primarily in Indonesia. The company is involved in the rental of heavy equipment; and provision of waste management, logistics, and technical and managerial consulting services. It also provides palm kernel and fresh fruit bunches; and management services, as well as develops and manages plasma plantations. The company was founded in 2017 and is based in Jakarta Timur, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Menthobi Karyatama Raya Tbk reported revenue of 1.2T IDR in FY2025 versus 512B IDR in FY2021, a compound +24.9%/yr. Reported net income was 54.9B IDR in FY2025, compounding +3.5%/yr from FY2021.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.2T IDR
Latest YoY
+23.8%
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.
+25.7%
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.
+40.5%
Revenue +24.9%/yr
FY21 512B IDR
FY22 628B IDR
FY23 711B IDR
FY24 1.0T IDR
FY25 1.2T IDR
Net income +3.5%/yr
FY21 47.8B IDR
FY22 61.5B IDR
FY23 51.2B IDR
FY24 52.0B IDR
FY25 54.9B IDR

MKTR screens 28% overvalued. Compare with Muyuan Foods Group →

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Cite: Fair Value Calculator (2026). "PT Menthobi Karyatama Raya Tbk Fair Value". https://www.fairvalue-calculator.com/stock/MKTR

Peer Group

Farm Products · 288 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 58 · Above median
Fair Value upside −28% · Below median
Return on equity (TTM) 9% · Above median
Return on assets 5% · Above median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth 21% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.99× · Higher than 75% of peers

Valuation Multiples vs Farm Products median · lower = cheaper

P/E (TTM) 25.6× · Pricier than median
P/B 2.12× · Pricier than 75% of peers
P/S (TTM) 1.08× · Pricier than median
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 13.0× · 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 25
FUTURE 100 · sector 20
PAST 35 · sector 17
HEALTH 51 · sector 94
DIVIDEND 0 · sector 38

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 Farm Products stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Muyuan Foods Group 002714 ¥40.90 ¥48.19 +18%
Wens Foodstuff Group 300498 ¥14.51 ¥12.08 -17%
Mowi ASA MOWI kr 188.40 kr 262.59 +39%
PT Charoen Pokphand Indonesia Tbk, CPIN 3,120 IDR 7,076 IDR +127%
Charoen Pokphand Foods Public Company CPF 22.00 THB 55.71 THB +153%
PT Triputra Agro Persada Tbk TAPG 1,540 IDR 3,105 IDR +102%
PT FAP Agri Tbk FAPA 7,300 IDR 7,463 IDR +2%
PT Japfa Comfeed Indonesia Tbk JPFA 2,070 IDR 7,231 IDR +249%
Thaifoods Group TFGR 10.60 THB 23.53 THB +122%
PT Jhonlin Agro Raya Tbk JARR 1,845 IDR 610.80 IDR -67%

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Frequently asked questions

Is PT Menthobi Karyatama Raya Tbk (MKTR) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 86.78 IDR versus a price of 120.00 IDR, about −28% (overvalued).
What is the fair value of MKTR?
Our model-based fair value for PT Menthobi Karyatama Raya Tbk is 86.78 IDR (as of Jul 16, 2026), built from audited fundamentals. The current price is 120.00 IDR.
What is the quality score of MKTR?
PT Menthobi Karyatama Raya Tbk has a Quality Score of 58/100. 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 Menthobi Karyatama Raya Tbk (MKTR)?
PT Menthobi Karyatama Raya Tbk reported trailing-twelve-month revenue of about 1.3T IDR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of MKTR?
The net profit margin of PT Menthobi Karyatama Raya Tbk is about 4.4%, meaning it keeps roughly 4.4% 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.

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