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PT Prima Multi Usaha Indonesia Tbk (PMUI) Fair Value & Analysis

Technology · ID · Market cap 493B IDR

PP PT Prima Multi Usaha Indonesia Tbk PMUI · JK
Price99.00 IDR
Fair Value116.60 IDR
Upside+17.8%
Quality58/100
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Weak Growth
Thin margins · 1.0% net margin
5.95% dividend yield
Ranks above peers (6/8)
Narrow moat 40/100
Evidence: Medium Range 79.39 IDR – 155.13 IDR Share as image

Fair value as of: Jul 18, 2026

From 19 valuation models · updated 23 days ago

Share price +20.7% over the past month.

A solid business, screening 18% undervalued on our models.

What matters now

  • A fairly wide model range (79.39 IDR to 155.13 IDR) leaves room in how you read the outcome.
  • Our model range runs from 79.39 IDR (bear) to 155.13 IDR (bull), base 116.60 IDR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 58/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (13 months)

159.17 IDR 60.00 IDR Fair Value 116.60 IDR Jul 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year. As of Jul 18, 2026.

How to read this chart

13‑month range 60.00 IDR – 159.17 IDR · fair‑value band 79.39 IDR – 155.13 IDR · the 99.00 IDR price screens below the 116.60 IDR fair value. As of Jul 18, 2026.

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Analysis

PT Prima Multi Usaha Indonesia Tbk (PMUI) currently trades at 99.00 IDR, while our model-based Fair Value estimate is 116.60 IDR, implying the stock looks roughly 17.8% undervalued today. The Quality Score stands at 58/100 (solid quality), in the Technology 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 Prima Multi Usaha Indonesia Tbk generated revenue of 4.1T IDR at a net margin of 1.0%. Revenue grew 23.1% year over year. It earns a return on equity of 13.0%. Fundamentals as of Jul 18, 2026

Our scenario range runs from 79.39 IDR (bear case) to 155.13 IDR (bull case); at 99.00 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 41% below its 52-week high and 68% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -33% fair-value upside, at 18%, PMUI 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 61.66 IDR 67.68 IDR 102.28 IDR 76
Growth DCF 34.95 IDR 35.95 IDR 37.84 IDR 72
Gordon GGM 3.43 IDR 4.10 IDR 4.86 IDR 70
All 19 models by family
DCF Models
FCF DCF 34.83 IDR 35.84 IDR 37.93 IDR 38
5Y Revenue Exit 84.40 IDR 120.40 IDR 174.31 IDR 39
5Y P/E Exit 105.99 IDR 157.13 IDR 219.41 IDR 38
10Y Revenue Exit 63.39 IDR 92.08 IDR 125.78 IDR 36
10Y P/E Exit 79.39 IDR 116.60 IDR 155.13 IDR 35
Earnings-Based
Graham-Dodd 43.06 IDR 67.36 IDR 80.75 IDR 54
EPV 107.99 IDR 121.37 IDR 133.26 IDR 59
Dividend Discount
Gordon GGM 3.43 IDR 4.10 IDR 4.86 IDR 70
DDM Multi-Stage 3.43 IDR 4.61 IDR 6.16 IDR 61
Multiples
P/E Multiple 132.97 IDR 177.30 IDR 221.62 IDR 63
P/S Multiple 80.73 IDR 107.64 IDR 134.56 IDR 58
P/B Multiple 80.73 IDR 107.64 IDR 134.56 IDR 55
EV/EBIT 204.90 IDR 262.48 IDR 320.05 IDR 53
EV/Revenue 119.51 IDR 156.93 IDR 194.35 IDR 43
Asset-Based
NCAV (Graham) 35.76 IDR 47.91 IDR 71.51 IDR 50
Growth DCF
Growth DCF 34.95 IDR 35.95 IDR 37.84 IDR 72
Economic Profit
Residual Income 61.66 IDR 67.68 IDR 102.28 IDR 76
ROIC Compounder 109.04 IDR 125.03 IDR 142.87 IDR 67
Growth Earnings
Growth-Adj P/E 93.01 IDR 132.87 IDR 172.73 IDR 68

Widest divergence: Multiples (156.93 IDR) versus Dividend Discount (4.10 IDR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 4.1T IDR
Revenue growth (YoY) +23.1%
Net margin 1.0%
Return on equity 13.0%
Operating margin 1.2%
Dividend yield 6.0%
More key figures
EPS growth (YoY) +44.6%

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 57 · Market factors (momentum, volatility) 18

Profitability 57
Margins and returns on capital today
Quality Growth 16
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 22
Price trend over the last 3–12 months (market factor)
52W Momentum 30
Distance to the 52-week high (market factor)
Net Issuance 80
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 Prima Multi Usaha Indonesia Tbk engages in telecommunications distribution and management activities in Indonesia. The company operates through the Telecommunication Services, Food and Beverages, and Care Products segments.

Full company description

PT Prima Multi Usaha Indonesia Tbk engages in telecommunications distribution and management activities in Indonesia. The company operates through the Telecommunication Services, Food and Beverages, and Care Products segments. It sells mobile phone accessories, such as data cables, chargers, power banks, headsets, and Bluetooth speakers under the PHILIPS and VDENMENV brands. PT Prima Multi Usaha Indonesia Tbk was founded in 1998 and is based in Cirebon, Indonesia.

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

Revenue & earnings trend

FY2023 – FY2025 · reported fiscal years

PT Prima Multi Usaha Indonesia Tbk reported revenue of 3.8T IDR in FY2025 versus 3.5T IDR in FY2023, a compound +4.8%/yr. Reported net income was 36.7B IDR in FY2025, compounding −10.0%/yr from FY2023.

Growth Quality 32/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
3.8T IDR
Latest YoY
−1.7%
Revenue +4.8%/yr
FY23 3.5T IDR
FY24 3.9T IDR
FY25 3.8T IDR
Net income −10.0%/yr
FY23 45.4B IDR
FY24 50.8B IDR
FY25 36.7B IDR

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Cite: Fair Value Calculator (2026). "PT Prima Multi Usaha Indonesia Tbk Fair Value". https://www.fairvalue-calculator.com/stock/PMUI

Peer Group

Electronics & Computer Distribution · 151 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 +18% · Above median
Return on equity (TTM) 13% · Above median
Return on assets 8% · Top 25%
Net margin (TTM) 1% · Below median
Operating margin (TTM) 1% · Bottom 25%
Revenue growth 23% · Above median
Dividend yield (TTM) 6.0% · Top 25%

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 57 · sector 14
FUTURE 100 · sector 57
PAST 52 · sector 36
HEALTH 0 · sector 98
DIVIDEND 100 · sector 39

Insider activity: 45/100

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 Electronics & Computer Distribution stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
TD SYNNEX Corporation SNX $251.52 $207.02 -18%
Unisplendour Corporation 000938 ¥38.59 ¥11.79 -69%
Rexel S.A RXL €38.59 €33.31 -14%
Arrow Electronics, Inc ARW $204.10 $115.40 -43%
Avnet, Inc AVT $87.13 $58.57 -33%
WPG Holdings 3702 106.50 TWD 102.31 TWD -4%
Shenzhen Huaqiang Industry Co 000062 ¥22.37 ¥7.52 -66%
Synnex Technology International Corporation 2347 85.30 TWD 86.30 TWD +1%
Nanjing Sunlord Electronics Corporation 300975 ¥37.37 ¥8.60 -77%
Beijing Tricolor Technology Co 603516 ¥106.52 ¥23.39 -78%

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Frequently asked questions

Is PT Prima Multi Usaha Indonesia Tbk (PMUI) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 116.60 IDR versus a price of 99.00 IDR, about +18% (undervalued).
What is the fair value of PMUI?
Our model-based fair value for PT Prima Multi Usaha Indonesia Tbk is 116.60 IDR (as of Jul 18, 2026), built from audited fundamentals. The current price is 99.00 IDR.
What is the quality score of PMUI?
PT Prima Multi Usaha Indonesia 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 Prima Multi Usaha Indonesia Tbk (PMUI)?
PT Prima Multi Usaha Indonesia Tbk reported trailing-twelve-month revenue of about 4.1T IDR (latest available figure, as of Jul 18, 2026).
What is the net profit margin of PMUI?
The net profit margin of PT Prima Multi Usaha Indonesia Tbk is about 1.0%, meaning it keeps roughly 1.0% of revenue as net income. Based on the latest reported figures.
Does PT Prima Multi Usaha Indonesia Tbk pay a dividend?
PT Prima Multi Usaha Indonesia Tbk currently shows a dividend yield of about 7.35% relative to its recent price (as of Jul 18, 2026).

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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