EN DE

Wahana Inti MakmurTbk PT (NASI) Fair Value & Analysis

Consumer Defensive · ID · Market cap 115B IDR (≈ $11.5M) · ISIN ID1000165301

WI Wahana Inti MakmurTbk PT NASI · JK
Price143.00 IDR
Fair Value59.78 IDR
Upside-58.2%
Quality50/100
Watch Wahana Inti MakmurTbk PT for free, get notified when fair value or trend changes. Watch for free

Strengths

Low debt · generates free cash flow

Risks

!Trades 139% ABOVE our fair value of 59.78 IDR
!Mixed Growth (revenue 5y +8.0 %/yr)
!Loss-making · -14.7% net margin
!Trails peers (2/10)
Mixed Growth (revenue 5y +8.0 %/yr)
Loss-making · -14.7% net margin
Low debt · generates free cash flow
Trails peers (2/10)
Narrow moat 12/100
Evidence: Low Range 37.58 IDR – 81.96 IDR Share as image

Fair value as of: Aug 27, 2026

From 7 valuation models · updated 4 days ago

Fair value updated Aug 27, 2026, revised from 29.89 IDR to 59.78 IDR (+100.0%) since Aug 14, 2026. Share price +12.6% over the past month.

A solid business, but trading 139% above our fair value.

What runs behind every stock

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

Track Wahana Inti MakmurTbk PT and get told automatically when its fair value or trend turns, plus fair value for all 35,000+ stocks. 14 days of Pro free, no card. Track it free

What matters now

  • The price sits above even our optimistic bull case (81.96 IDR). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (37.58 IDR to 81.96 IDR) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

540.00 IDR 54.00 IDR Fair Value 59.78 IDR Dec 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

56‑month range 54.00 IDR – 540.00 IDR · fair‑value band 37.58 IDR – 81.96 IDR · the 143.00 IDR price screens above the 59.78 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 27, 2026.

Full chart & analysis →

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

Analysis

Wahana Inti MakmurTbk PT (NASI) currently trades at 143.00 IDR, while our model-based Fair Value estimate is 59.78 IDR, implying the stock looks roughly 58.2% overvalued today. The Quality Score stands at 50/100 (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: low).

Over the trailing twelve months, Wahana Inti MakmurTbk PT generated revenue of 47.9B IDR at a net margin of -9.2%. Revenue declined 57.5% year over year. It earns a return on equity of -7.6%. Net debt stands at 5.7B IDR. Fundamentals as of Aug 27, 2026

Our scenario range runs from 37.58 IDR (bear case) to 81.96 IDR (bull case); at 143.00 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 99% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -19% fair-value upside, at -58%, NASI screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly 3.35 IDR per share, which is 5.6 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

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
FCF DCF 34.38 IDR 57.19 IDR 94.14 IDR 78
Growth DCF 34.59 IDR 56.66 IDR 92.15 IDR 77
5Y Revenue Exit 28.32 IDR 45.96 IDR 68.92 IDR 72
All 7 models by family
DCF Models
FCF DCF 34.38 IDR 57.19 IDR 94.14 IDR 78
5Y Revenue Exit 28.32 IDR 45.96 IDR 68.92 IDR 72
10Y Revenue Exit 29.30 IDR 46.31 IDR 70.29 IDR 66
Multiples
EV/Revenue 26.06 IDR 37.16 IDR 48.25 IDR 53
Asset-Based
NCAV (Graham) 34.96 IDR 46.84 IDR 69.91 IDR 54
Growth DCF
Growth DCF 34.59 IDR 56.66 IDR 92.15 IDR 77
Rev-Margin DCF 28.32 IDR 45.88 IDR 67.26 IDR 72

Widest divergence: Asset-Based (46.84 IDR) versus Multiples (37.16 IDR). Highest evidence: FCF DCF (78).

Notify me when NASI reaches fair value

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

Key figures & financial health

P/E ratio 28.4
P/S ratio 3.24 TTM
EPS (TTM) 5.03 IDR price ÷ EPS = P/E 28.4
Net margin -6.3% FY2025
Return on equity -9.0% TTM
Return on assets (EBIT) 0.6% avg 5y
More key figures
Profitability
Operating margin -6.6% TTM
Growth
Revenue (TTM) 35.4B IDR TTM
Revenue growth (YoY) -57.0% 3y avg +0.3%
EPS growth (YoY) -86.6%
Balance sheet & cash flow
Free cash flow 2.3B IDR FY2025
Net debt 5.7B IDR FY2025 · ≈ 2.5 yrs of FCF

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 52 · Market factors (momentum, volatility) 58

Profitability 16
Margins and returns on capital today
Quality Growth 9
Are margins and returns improving?
Cashflow 47
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 70
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

PT Wahana Inti Makmur Tbk produces and sells rice in Indonesia. The company offers aromatic, healthy, tarabas, medium grain, premium grade, and basmati rice, as well as private labeled rice. The company was founded in 2015 and is headquartered in Jakarta Barat, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Wahana Inti MakmurTbk PT reported revenue of 59.6B IDR in FY2025 versus 45.2B IDR in FY2021, a compound +7.2%/yr. Reported net income was −3.7B IDR in FY2025.

Growth Quality 42/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
59.6B IDR
Latest YoY
−32.2%
Avg. revenue 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.
+0.3%
Avg. revenue 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.
+8.0%
Avg. revenue growth/yr (7Y) 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.
+16.3%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +7.2%/yr
FY21 45.2B IDR
FY22 59.0B IDR
FY23 79.2B IDR
FY24 87.9B IDR
FY25 59.6B IDR
Net income
FY21 533M IDR
FY22 1.0B IDR
FY23 362M IDR
FY24 147M IDR
FY25 −3.7B IDR

NASI screens 139% overvalued. Compare with Archer-Daniels-Midland Company →

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). "Wahana Inti MakmurTbk PT Fair Value". https://www.fairvalue-calculator.com/stock/NASI

Peer Group

Farm Products · 297 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 50 · Below median
Fair Value upside −58% · Bottom 25%
Return on assets -3% · Bottom 25%
Net margin (TTM) -15% · Bottom 25%
Operating margin (TTM) -7% · Bottom 25%
Revenue growth -57% · Bottom 25%

Valuation Multiples vs Farm Products median · lower = cheaper

P/E (TTM) 28.4× · Pricier than 75% of peers
P/FCF 0.0× · Cheaper 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 28
FUTURE0 · sector 21
PAST0 · sector 19
HEALTH100 · sector 94
DIVIDEND0 · sector 49

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

Similar stocks

10 more Farm Products stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
Archer-Daniels-Midland Company ADM $81.54 $38.02 -53%
Muyuan Foods Group 002714 ¥40.15 ¥47.42 +18%
Bunge Global SA BG $111.57 $56.19 -50%
Tyson Foods, Inc TSN $55.40 $28.60 -48%
Wens Foodstuff Group 300498 ¥13.80 ¥11.18 -19%
Mowi ASA MOWI kr 206.00 kr 260.70 +27%
Fujian Wanchen Food Group 300972 ¥201.06 ¥143.09 -29%
United Plantations Berhad 2089 32.60 MYR 23.34 MYR -28%
PT Charoen Pokphand Indonesia Tbk, CPIN 2,960 IDR 6,818 IDR +130%
Charoen Pokphand Foods Public Company CPF 23.40 THB 43.24 THB +85%

Compare Wahana Inti MakmurTbk PT with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Defensive stocks →

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

Discover undervalued stocks

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

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 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 screener Filter by region, size and sector Compare tool Two stocks side by side Fama-French 3-Factor Model Calculator Run the Fama-French 3-factor model in seconds: expected return from the market, size and value factors - free, with formula, betas and an example. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Wahana Inti MakmurTbk PT (NASI) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of 59.78 IDR versus a price of 143.00 IDR, about −58% (overvalued).
What is the fair value of NASI?
Our model-based fair value for Wahana Inti MakmurTbk PT is 59.78 IDR (as of Aug 27, 2026), built from audited fundamentals. The current price: 143.00 IDR.
What is the quality score of NASI?
Wahana Inti MakmurTbk PT has a Quality Score of 50/100. 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 Wahana Inti MakmurTbk PT (NASI)?
Wahana Inti MakmurTbk PT reported trailing-twelve-month revenue of about 47.9B IDR (latest available figure, as of Aug 27, 2026).
What is the net profit margin of NASI?
The net profit margin of Wahana Inti MakmurTbk PT is about -9.2%, 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.

Free · no account needed

Watch Wahana Inti MakmurTbk PT in the live analysis

One click puts Wahana Inti MakmurTbk PT on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

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