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PT Pelangi Indah Canindo Tbk (PICO) Fair Value & Analysis

Consumer Cyclical · ID · Market cap 73.9B IDR

PP PT Pelangi Indah Canindo Tbk PICO · JK
Price133.00 IDR
Fair Value149.33 IDR
Upside+12.3%
Quality41/100
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Expensive Growth
Thin margins · 0.7% net margin
Moderate debt · negative free cash flow
Trails peers (4/12)
Narrow moat 24/100
Evidence: Medium Range 112.00 IDR – 186.66 IDR Share as image

Fair value as of: Jul 17, 2026

From 11 valuation models · updated 24 days ago

Share price +4.7% over the past month.

Below-average quality, screening 12% undervalued on our models.

What matters now

  • Our model range runs from 112.00 IDR (bear) to 186.66 IDR (bull), base 149.33 IDR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 41/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

505.00 IDR 70.00 IDR Fair Value 149.33 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 70.00 IDR – 505.00 IDR · fair‑value band 112.00 IDR – 186.66 IDR · the 133.00 IDR price screens below the 149.33 IDR fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

PT Pelangi Indah Canindo Tbk (PICO) currently trades at 133.00 IDR, while our model-based Fair Value estimate is 149.33 IDR, implying the stock looks roughly 12.3% undervalued today. The Quality Score stands at 41/100 (below-average quality), in the Consumer Cyclical 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 Pelangi Indah Canindo Tbk generated revenue of 586B IDR at a net margin of 0.7%. Revenue grew 2.6% year over year. It earns a return on equity of 2.0%. Net debt stands at 105B IDR. Fundamentals as of Jul 17, 2026

Our scenario range runs from 112.00 IDR (bear case) to 186.66 IDR (bull case); at 133.00 IDR, the current price sits within 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 70% below its 52-week high and 23% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -22% fair-value upside, at 12%, PICO screens cheaper 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
Residual Income 262.39 IDR 250.93 IDR 202.92 IDR 76
Growth-Adj P/E 84.05 IDR 120.08 IDR 156.10 IDR 68
P/E Multiple 112.00 IDR 149.33 IDR 186.66 IDR 63
All 11 models by family
Earnings-Based
Graham-Dodd 59.73 IDR 129.52 IDR 164.78 IDR 54
PEG = 1.0 20.23 IDR 28.90 IDR 37.57 IDR 46
Multiples
P/E Multiple 112.00 IDR 149.33 IDR 186.66 IDR 63
P/S Multiple 112.00 IDR 149.33 IDR 186.66 IDR 58
P/B Multiple 112.00 IDR 149.33 IDR 186.66 IDR 55
EV/EBIT 46.78 IDR 53
EV/EBITDA 43.11 IDR 54
EV/Revenue 33.25 IDR 43
Asset-Based
NCAV (Graham) 184.50 IDR 247.23 IDR 368.99 IDR 50
Economic Profit
Residual Income 262.39 IDR 250.93 IDR 202.92 IDR 76
Growth Earnings
Growth-Adj P/E 84.05 IDR 120.08 IDR 156.10 IDR 68

Widest divergence: Economic Profit (250.93 IDR) versus Earnings-Based (28.90 IDR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 586B IDR
Revenue growth (YoY) +2.6%
Net margin 0.7%
Return on equity 2.0%
Free cash flow −31.6B IDR FY2025
P/E ratio 42.3
More key figures
Operating margin 3.5%
EPS (TTM) 2.65 IDR
Net debt 105B IDR FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 37 · Market factors (momentum, volatility) 30

Profitability 29
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 17
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 22
Price trend over the last 3–12 months (market factor)
52W Momentum 19
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 Pelangi Indah Canindo Tbk manufactures and sells metal packaging products in Indonesia. It operates through Printing; Pailcan; Drum; Component; and Plastic Drum segments. The company offers steel drums, plastic drums, LPG cylinder tanks, pail cans, and food cans. It also provides metal printing services.

Full company description

PT Pelangi Indah Canindo Tbk manufactures and sells metal packaging products in Indonesia. It operates through Printing; Pailcan; Drum; Component; and Plastic Drum segments. The company offers steel drums, plastic drums, LPG cylinder tanks, pail cans, and food cans. It also provides metal printing services. PT Pelangi Indah Canindo Tbk was founded in 1983 and is headquartered in Jakarta, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Pelangi Indah Canindo Tbk reported revenue of 582B IDR in FY2025 versus 456B IDR in FY2021, a compound +6.3%/yr. Reported net income was 5.0B IDR in FY2025.

Growth Quality 51/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
582B IDR
Latest YoY
−3.0%
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.
+1.9%
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.
+13.6%
Avg. growth/yr (25Y) 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.
+5.5%
Revenue +6.3%/yr
FY21 456B IDR
FY22 550B IDR
FY23 548B IDR
FY24 600B IDR
FY25 582B IDR
Net income
FY21 −48.4B IDR
FY22 8.9B IDR
FY23 5.7B IDR
FY24 2.8B IDR
FY25 5.0B IDR
Character of growth · EPS growth decomposed (2014-2025) −12.7 % p.a.
Revenue per share −2.3 pp

of which total revenue −2.1 pp · buybacks/dilution −0.2 pp

EBIT margin −9.5 pp
Tax rate +1.2 pp
Residual (interest, one-offs) −2.1 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).

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Cite: Fair Value Calculator (2026). "PT Pelangi Indah Canindo Tbk Fair Value". https://www.fairvalue-calculator.com/stock/PICO

Peer Group

Packaging & Containers · 272 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 41 · Bottom 25%
Fair Value upside +12% · Above median
Return on equity (TTM) 2% · Below median
Return on assets 1% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 3% · Below median
Revenue growth 3% · Above median
Debt / equity 0.96× · Higher than 75% of peers

Valuation Multiples vs Packaging & Containers median · lower = cheaper

P/E (TTM) 49.1× · Pricier than 75% of peers
P/B 0.35× · Cheaper than 75% of peers
P/S (TTM) 0.13× · Cheaper than 75% of peers
EV/EBITDA 23.1× · 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 50 · sector 9
FUTURE 13 · sector 0
PAST 8 · sector 21
HEALTH 52 · sector 93
DIVIDEND 0 · sector 42

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 Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Stora Enso Oyj STER kr 101.90 kr 126.39 +24%
ShenZhen YUTO Packaging Technology Co 002831 ¥29.10 ¥20.88 -28%
SCG Packaging Public Company SCGP 29.00 THB 16.12 THB -44%
AblePrint Technology Co 7734 2,850 TWD 661.69 TWD -77%
PT Fajar Surya Wisesa Tbk, FASW 5,312 IDR 1,194 IDR -78%
Taiwan Hon Chuan Enterprise Co 9939 132.50 TWD 127.06 TWD -4%
Time Technoplast Limited TIMETECHNO ₹206.82 ₹161.42 -22%
EPL Limited 500135 ₹222.25 ₹111.65 -50%
Ton Yi Industrial Corp 9907 15.15 TWD 23.17 TWD +53%
Dongwon Systems Corporation 014820 19,330 KRW 31,473 KRW +63%

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Frequently asked questions

Is PT Pelangi Indah Canindo Tbk (PICO) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 149.33 IDR versus a price of 133.00 IDR, about +12% (undervalued).
What is the fair value of PICO?
Our model-based fair value for PT Pelangi Indah Canindo Tbk is 149.33 IDR (as of Jul 17, 2026), built from audited fundamentals. The current price is 133.00 IDR.
What is the quality score of PICO?
PT Pelangi Indah Canindo Tbk has a Quality Score of 41/100. 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 Pelangi Indah Canindo Tbk (PICO)?
PT Pelangi Indah Canindo Tbk reported trailing-twelve-month revenue of about 586B IDR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of PICO?
The net profit margin of PT Pelangi Indah Canindo Tbk is about 0.7%, meaning it keeps roughly 0.7% 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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