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Tripar Multivision Plus (RAAM) Fair Value & Analysis

Communication Services · ID · Market cap 1.4T IDR (≈ $138M) · ISIN ID1000188808

TM Tripar Multivision Plus RAAM · JK
Price187.00 IDR
Fair Value127.47 IDR
Upside-31.8%
Quality30/100
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Risks

!Trades 47% ABOVE our fair value of 127.47 IDR
!Weak Growth (revenue 3y −17.5 %/yr)
!Loss-making · -39.0% net margin
!Low debt · negative free cash flow
Weak Growth (revenue 3y −17.5 %/yr)
Loss-making · -39.0% net margin
Low debt · negative free cash flow
Trails peers (1/8)
Narrow moat 12/100
Evidence: Low Range 95.12 IDR – 190.25 IDR Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 15 days ago

Share price −8.3% over the past month.

Below-average quality, and trading another 47% above our fair value.

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

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What matters now

  • Weak quality (30/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (95.12 IDR to 190.25 IDR) leaves room in how you read the outcome.
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Price vs Fair Value (3 years)

898.04 IDR 157.00 IDR Fair Value 127.47 IDR May 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

40‑month range 157.00 IDR – 898.04 IDR · fair‑value band 95.12 IDR – 190.25 IDR · the 187.00 IDR price screens above the 127.47 IDR fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Tripar Multivision Plus (RAAM) currently trades at 187.00 IDR, while our model-based Fair Value estimate is 127.47 IDR, implying the stock looks roughly 31.8% overvalued today. The Quality Score stands at 30/100 (below-average quality), in the Communication Services 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, Tripar Multivision Plus generated revenue of 179B IDR at a net margin of -39.0%. Revenue declined 3.1% year over year. It earns a return on equity of -5.3%. Net debt stands at 278B IDR. Fundamentals as of Aug 13, 2026

Our scenario range runs from 95.12 IDR (bear case) to 190.25 IDR (bull case); at 187.00 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 54% below its 52-week high and 26% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -51% fair-value upside, at -32%, RAAM 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
NCAV (Graham) 95.13 IDR 127.48 IDR 190.27 IDR 50
All 1 models by family
Asset-Based
NCAV (Graham) 95.13 IDR 127.48 IDR 190.27 IDR 50

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Key figures & financial health

P/S ratio 7.67 TTM
EPS (TTM) -10.26 IDR
Net margin -30.0% FY2025
Return on equity -5.3% TTM
Return on assets (EBIT) 2.7% avg 5y
Operating margin -21.3% TTM
More key figures
Growth
Revenue (TTM) 179B IDR TTM
Revenue growth (YoY) -3.1% 3y avg -17.5%
EPS growth (YoY) +26.1%
Balance sheet & cash flow
Free cash flow −12.0B IDR FY2025
Net debt 278B IDR FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 30/100

Of which business quality 33 · Market factors (momentum, volatility) 27

Profitability 2
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 14
Earnings quality: real cash, not paper profit
Fin. Strength 63
Balance sheet, leverage, solvency risk
Investment 28
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 8
Distance to the 52-week high (market factor)
Net Issuance 65
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 Tripar Multivision Plus Tbk, together with its subsidiaries, operates as a film production company that produces, imports, exports, distributes, and markets films in Indonesia. It operates through the Film, OTT & Internet, Pay TV, Ticket, and Food and Beverage segments. The company offers movies, web series, and soap operas.

Full company description

PT Tripar Multivision Plus Tbk, together with its subsidiaries, operates as a film production company that produces, imports, exports, distributes, and markets films in Indonesia. It operates through the Film, OTT & Internet, Pay TV, Ticket, and Food and Beverage segments. The company offers movies, web series, and soap operas. It also operates pay television networks, such as Galaxy, Galaxy Premium, and IMC channels; and cinema networks, including Platinum Cineplex Cinema. In addition, the company engages in binding and publishing; real estate business; operation of Over The Top (OTT) platform; provision of private entities, post-production, and distribution services for films, videos, and television programs; rental of video tapes, CDs, and VCD/DVDs; and management consulting services. Further, it provides food and beverage accommodation; and IT services. It operates mainly in Indonesia, with content distribution reaching regional and international markets, including Malaysia, Cambodia, Singapore, Thailand, Vietnam, and the Philippines. PT Tripar Multivision Plus Tbk was founded in 1990 and is headquartered in Jakarta Selatan, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tripar Multivision Plus reported revenue of 181B IDR in FY2025 versus 209B IDR in FY2021, a compound −3.6%/yr. Reported net income was −54.3B IDR in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
181B IDR
Latest YoY
−21.1%
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.
−17.5%
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 −3.6%/yr
FY21 209B IDR
FY22 322B IDR
FY23 399B IDR
FY24 229B IDR
FY25 181B IDR
Net income
FY21 26.1B IDR
FY22 87.3B IDR
FY23 103B IDR
FY24 −179B IDR
FY25 −54.3B IDR

RAAM screens 32% overvalued. Compare with Netflix, Inc →

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Cite: Fair Value Calculator (2026). "Tripar Multivision Plus Fair Value". https://www.fairvalue-calculator.com/stock/RAAM

Peer Group

Entertainment · 270 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 33 · Bottom 25%
Fair Value upside −32% · Below median
Return on assets -3% · Bottom 25%
Net margin (TTM) -39% · Bottom 25%
Operating margin (TTM) -21% · Bottom 25%
Revenue growth -3% · Below median
Debt / equity 0.03× · Lower 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 12
FUTURE0 · sector 8
PAST0 · sector 0
HEALTH99 · sector 98
DIVIDEND0 · sector 43

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 Entertainment stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Netflix, Inc NFLX $81.46 $49.35 -39%
The Walt Disney Company DIS $103.50 $80.62 -22%
Warner Bros. Discovery, Inc WBD $27.65 $9.03 -67%
Live Nation Entertainment, Inc LYV $182.02 $59.97 -67%
Universal Music Group UMG €14.73 €14.78 +0%
TKO Group TKO $195.14 $47.75 -76%
Formula One Group FWONK $102.02 $35.21 -65%
Fox Corporation FOXA $69.60 $206.81 +197%
News Corporation NWS A$46.55 A$20.41 -56%
Warner Music Group WMG $24.79 $12.10 -51%

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Frequently asked questions

Is Tripar Multivision Plus (RAAM) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 127.47 IDR versus a price of 187.00 IDR, about −32% (overvalued).
What is the fair value of RAAM?
Our model-based fair value for Tripar Multivision Plus is 127.47 IDR (as of Aug 13, 2026), built from audited fundamentals. The current price: 187.00 IDR.
What is the quality score of RAAM?
Tripar Multivision Plus has a Quality Score of 30/100. 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 Tripar Multivision Plus (RAAM)?
Tripar Multivision Plus reported trailing-twelve-month revenue of about 179B IDR (latest available figure, as of Aug 13, 2026).
What is the net profit margin of RAAM?
The net profit margin of Tripar Multivision Plus is about -39.0%, 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.

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