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PT Pollux Properties Indonesia Tbk, (POLL) Fair Value & Analysis

Real Estate · ID · Market cap 932B IDR

PP PT Pollux Properties Indonesia Tbk, POLL · JK
Price112.00 IDR
Fair Value41.38 IDR
Upside-63.1%
Quality47/100
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Mixed Growth
Solidly profitable · 10.2% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/13)
Narrow moat 41/100
Evidence: Medium Range 31.03 IDR – 51.72 IDR Share as image

Fair value as of: Jul 18, 2026

From 12 valuation models · updated 23 days ago

Below-average quality, and screening another 63% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (51.72 IDR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

5,900 IDR 107.00 IDR Fair Value 41.38 IDR Feb 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range 107.00 IDR – 5,900 IDR · fair‑value band 31.03 IDR – 51.72 IDR · the 112.00 IDR price screens above the 41.38 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

Full chart & analysis →

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Analysis

PT Pollux Properties Indonesia Tbk, (POLL) currently trades at 112.00 IDR, while our model-based Fair Value estimate is 41.38 IDR, implying the stock looks roughly 63.1% overvalued today. The Quality Score stands at 47/100 (below-average 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: medium).

Over the trailing twelve months, PT Pollux Properties Indonesia Tbk, generated revenue of 212B IDR at a net margin of 10.2%. Revenue declined 14.9% year over year. It earns a return on equity of 1.7%. Net debt stands at 473B IDR. Fundamentals as of Jul 18, 2026

Our scenario range runs from 31.03 IDR (bear case) to 51.72 IDR (bull case); at 112.00 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 near its 52-week high, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at -63%, POLL 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
Rev-Margin DCF 7.85 IDR 30.51 IDR 57.61 IDR 74
Residual Income 136.54 IDR 128.77 IDR 99.67 IDR 61
P/S Multiple 36.51 IDR 48.68 IDR 60.85 IDR 58
All 12 models by family
DCF Models
5Y Revenue Exit 7.85 IDR 30.25 IDR 62.93 IDR 39
5Y EBITDA Exit 21.21 IDR 53.37 IDR 95.97 IDR 41
10Y Revenue Exit 13.84 IDR 31.91 IDR 36
10Y EBITDA Exit 7.32 IDR 28.47 IDR 51.77 IDR 37
Multiples
P/S Multiple 36.51 IDR 48.68 IDR 60.85 IDR 58
P/B Multiple 36.51 IDR 48.68 IDR 60.85 IDR 55
EV/EBIT 68.39 IDR 100.05 IDR 131.70 IDR 53
EV/EBITDA 54.35 IDR 81.33 IDR 108.31 IDR 54
EV/Revenue 25.80 IDR 48.25 IDR 70.69 IDR 43
Asset-Based
NCAV (Graham) 97.05 IDR 130.04 IDR 194.09 IDR 50
Growth DCF
Rev-Margin DCF 7.85 IDR 30.51 IDR 57.61 IDR 74
Economic Profit
Residual Income 136.54 IDR 128.77 IDR 99.67 IDR 61

Widest divergence: Asset-Based (130.04 IDR) versus DCF Models (28.47 IDR). Highest evidence: Rev-Margin DCF (74).

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Key figures & financial health

Revenue (TTM) 212B IDR
Revenue growth (YoY) -14.9%
Net margin 10.2%
Return on equity 1.7%
Free cash flow 9.3B IDR FY2025
P/E ratio 85.5
More key figures
Operating margin 17.9%
EPS (TTM) 1.31 IDR
EPS growth (YoY) -75.9%
Net debt 473B IDR FY2025

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

Quality Score breakdown

Overall quality 47/100

Of which business quality 45 · Market factors (momentum, volatility) 56

Profitability 20
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 49
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 33
Distance to the 52-week high (market factor)
Net Issuance 42
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 Pollux Properties Indonesia Tbk, together with its subsidiaries, engages in the development, trading, leasing, and operation of real estate properties and related services in Indonesia. It operates through two segments: Rent Office Room and Office.

Full company description

PT Pollux Properties Indonesia Tbk, together with its subsidiaries, engages in the development, trading, leasing, and operation of real estate properties and related services in Indonesia. It operates through two segments: Rent Office Room and Office. The company develops apartments, condominiums, offices, shopping centers, hospitals, hotels, convention centers, housing, industrial estates, and facilities. It also purchases, sells, leases, and operates real estate properties, as well as offers real estate services, such as agents, real estate brokers, and purchasing intermediaries. In addition, the company engages in the construction, mining, and transportation businesses. The company was founded in 2014 and is based in Jakarta Selatan, Indonesia. PT Pollux Properties Indonesia Tbk operates as a subsidiary of PT Borneo Melawai Perkasa.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Pollux Properties Indonesia Tbk, reported revenue of 215B IDR in FY2025 versus 406B IDR in FY2021, a compound −14.7%/yr. Reported net income was 23.8B IDR in FY2025.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
215B IDR
Latest YoY
+32.7%
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.
−14.1%
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.
−15.6%
Avg. growth/yr (10Y) 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.
−1.0%
Revenue −14.7%/yr
FY21 406B IDR
FY22 339B IDR
FY23 304B IDR
FY24 162B IDR
FY25 215B IDR
Net income
FY21 −137B IDR
FY22 480B IDR
FY23 13.9B IDR
FY24 18.7B IDR
FY25 23.8B IDR

POLL screens 63% overvalued. Compare with DLF Limited →

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Cite: Fair Value Calculator (2026). "PT Pollux Properties Indonesia Tbk, Fair Value". https://www.fairvalue-calculator.com/stock/POLL

Peer Group

Real Estate - Development · 588 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 48 · Above median
Fair Value upside −63% · Bottom 25%
Return on equity (TTM) 2% · Below median
Return on assets 1% · Above median
Net margin (TTM) 10% · Above median
Operating margin (TTM) 18% · Above median
Revenue growth -15% · Below median
Debt / equity 0.14× · Lower than median

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/E (TTM) 85.5× · Pricier than 75% of peers
P/B 0.58× · Pricier than median
P/S (TTM) 4.40× · Pricier than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 14.0× · Pricier than median

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 48
FUTURE 0 · sector 0
PAST 7 · sector 10
HEALTH 93 · sector 84
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 Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹657.75 ₹159.49 -76%
Lodha Developers Limited LODHA ₹1,188 ₹583.43 -51%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,125 IDR 1,330 IDR -78%
Oberoi Realty Limited OBEROIRLTY ₹1,925 ₹1,183 -39%
Godrej Properties Limited GODREJPROP ₹2,102 ₹1,044 -50%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 555.00 IDR 1,388 IDR +150%
PT Sentul City Tbk, BKSL 64.00 IDR 84.16 IDR +32%
PT Ciputra Development Tbk, CTRA 555.00 IDR 1,388 IDR +150%
PT Duta Pertiwi Tbk DUTI 4,100 IDR 6,239 IDR +52%

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Frequently asked questions

Is PT Pollux Properties Indonesia Tbk, (POLL) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 41.38 IDR versus a price of 112.00 IDR, about −63% (overvalued).
What is the fair value of POLL?
Our model-based fair value for PT Pollux Properties Indonesia Tbk, is 41.38 IDR (as of Jul 18, 2026), built from audited fundamentals. The current price is 112.00 IDR.
What is the quality score of POLL?
PT Pollux Properties Indonesia Tbk, has a Quality Score of 47/100. 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 Pollux Properties Indonesia Tbk, (POLL)?
PT Pollux Properties Indonesia Tbk, reported trailing-twelve-month revenue of about 212B IDR (latest available figure, as of Jul 18, 2026).
What is the net profit margin of POLL?
The net profit margin of PT Pollux Properties Indonesia Tbk, is about 10.2%, meaning it keeps roughly 10.2% 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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