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PT Mega Manunggal Property Tbk (MMLP) Fair Value & Analysis

Real Estate · ID · Market cap 1.8T IDR

PM PT Mega Manunggal Property Tbk MMLP · JK
Price296.00 IDR
Fair Value186.33 IDR
Upside-37.1%
Quality92/100
Evidence: High Range 116.98 IDR – 385.26 IDR

Fair value as of: Jun 26, 2026

From 26 valuation models · updated 3 days ago

Share price −5.7% over the past month.

Price vs Fair Value (12 months)

585.00 IDR 256.00 IDR Fair Value 186.33 IDR Jun 2025 Jun 2026

12‑month range 256.00 IDR – 585.00 IDR · fair‑value band 116.98 IDR – 385.26 IDR · the 296.00 IDR price screens above the 186.33 IDR fair value. As of Jun 26, 2026.

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Analysis

PT Mega Manunggal Property Tbk (MMLP) currently trades at 296.00 IDR, while our model-based Fair Value estimate is 186.33 IDR — implying the stock looks roughly 37.1% overvalued today. We read business quality at 92/100 (high quality), in the Real Estate 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 Mega Manunggal Property Tbk generated revenue of 411B IDR at a net margin of 21.0%. Revenue grew 27.8% year over year. It earns a return on equity of 2.0%. Net debt stands at 1.5T IDR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 411B IDR
Revenue growth (YoY) +27.8%
Net margin 21.0%
Return on equity 2.0%
Free cash flow 115B IDR FY2025
P/E ratio 22.3
More key figures
Operating margin 78.1%
EPS (TTM) 12.01 IDR
EPS growth (YoY) +100%
Net debt 1.5T IDR FY2025

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

About the company

PT Mega Manunggal Property Tbk engages in the real estate business in Indonesia. It is also involved in the leasing of warehouse and office spaces, supporting facilities, and management consulting services. The company was incorporated in 2010 and is headquartered in Jakarta Timur, Indonesia.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Mega Manunggal Property Tbk reported revenue of 359B IDR in FY2025 versus 317B IDR in FY2021, a compound +3.2%/yr. Reported net income was 63.2B IDR in FY2025, compounding −35.5%/yr from FY2021.

Revenue +3.2%/yr
FY21 317B IDR
FY22 335B IDR
FY23 348B IDR
FY24 343B IDR
FY25 359B IDR
Net income −35.5%/yr
FY21 366B IDR
FY22 195B IDR
FY23 92.3B IDR
FY24 242B IDR
FY25 63.2B IDR

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Frequently asked questions

Is PT Mega Manunggal Property Tbk (MMLP) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 186.33 IDR versus a price of 296.00 IDR — about −37% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MMLP?
Our 21-model fair value for PT Mega Manunggal Property Tbk is 186.33 IDR (as of Jun 26, 2026), built from audited fundamentals. The current price is 296.00 IDR.
What is the quality score of MMLP?
PT Mega Manunggal Property Tbk has a Quality Score of 92/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PT Mega Manunggal Property Tbk (MMLP)?
PT Mega Manunggal Property Tbk reported trailing-twelve-month revenue of about 411B IDR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of MMLP?
The net profit margin of PT Mega Manunggal Property Tbk is about 21.0%, meaning it keeps roughly 21.0% 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.