Jaya Sukses Makmur Sentosa Tbk PT (RISE) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Jaya Sukses Makmur Sentosa Tbk PT stock IDR 70, price IDR 478, that is 85.3% below the price, quality 41 out of 100. Rating: strongly overvalued. Calculated from audited financials with 15 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range 200.00 IDR – 9,459 IDR · fair‑value band 37.56 IDR – 96.78 IDR · the 478.00 IDR price screens above the 70.05 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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PT Jaya Sukses Makmur Sentosa Tbk, together with its subsidiaries, engages in the development, service, and management of real estate properties in Indonesia. The company operates through Real Estate, Hotels, and Offices segments.
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It develops various property products, including apartments, residential properties, hotels, office buildings, and warehouses. The company was founded in 2003 and is headquartered in Sidoarjo, Indonesia. PT Jaya Sukses Makmur Sentosa Tbk operates as a subsidiary of PT Tancorp Global Sentosa.
Stock analysis
Jaya Sukses Makmur Sentosa Tbk PT (RISE) currently trades at 478.00 IDR, while our model-based Fair Value estimate is 70.05 IDR, 85% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 111.32 IDR per share, and 1 of the 15 models we run sit above the 478.00 IDR price.
Bear case: the Asset-Based group reads lowest at 10.44 IDR, and 14 of the 15 models stay below the price. Data coverage for this calculation is low.
Scenario range: 37.56 IDR (bear) to 96.78 IDR (bull), the price of 478.00 IDR sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 41/100 (below-average quality), in the Real Estate sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Jaya Sukses Makmur Sentosa Tbk PT reported revenue of 411B IDR in FY2025 versus 249B IDR in FY2021, a compound +13.3%/yr. Reported net income was 87.2B IDR in FY2025, compounding +14.5%/yr from FY2021.
Key figures
Market cap 7.8T IDR (≈ $428M) Small · P/E ratio 42.5 · P/S ratio 16.1 · EPS (TTM) 11.25 IDR · Net margin 37.9% · Return on equity 5.9% · Return on assets (EBIT) 1.3% (5-year average) · Operating margin 11.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 95% below its 52-week high and at its 52-week low.
For context, the median of 10 Real Estate peers we cover trades at 33% fair-value upside, at −85%, RISE screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (10.44 IDR to 606.29 IDR). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear37.56 IDRFair Value 70.05 IDRBull96.78 IDR
Price 478.00 IDR · Downside -85.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (9.62 IDR per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+12.3%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+8.7%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+22.0%
Start year 2020 (pandemic). Over 10 years: +19.1% a year
Revenue growth 10 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+19.1%
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What shareholders gained per year (last 5 years), in IDR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis. Measured in IDR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
≈ +14.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+14.0%
Dividend (yield on the price)0.0%
Per share before 2026divided by the spin-off factor 1.48
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 13.6% / −5.1%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−13% → 18%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Rate on operating basis: 2025 sits 60% above its own trend.
Compare Jaya Sukses Makmur Sentosa Tbk PT with another stock
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Peer Groupⓘ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.Real Estate - Development · 489 stocks
Beats the industry median on 4/12 measures
Overall it trails its industry peers.
Valuation
Quality Score41 · Bottom 25%
Fair Value upside−85.3% · Bottom 25%
Profitability
Return on equity (12 months)5.9% · Above median
Return on assets2.5% · Above median
Net margin (12 months)37.9% · Top 25%
Operating margin (12 months)11.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)−4.0% · Below median
Balance sheet
Debt / equity0.06× · Lowest 25%
Valuation Multiplesvs Real Estate - Development median · lower = cheaper
P/E (12 months)42.5× · Priciest 25%
P/B3.54× · Priciest 25%
P/S (12 months)16.11× · Priciest 25%
EV/EBITDA35.2× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 67
FUTURE (revenue growth)0· sector 0
PAST (return on equity)24· sector 17
HEALTH (low debt)97· sector 83
DIVIDEND (yield)0· sector 61
VALUE 0: the price sits above our fair-value range.
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). "Jaya Sukses Makmur Sentosa Tbk PT Fair Value". https://www.fairvalue-calculator.com/stock/RISE
Frequently asked questions
Is Jaya Sukses Makmur Sentosa Tbk PT (RISE) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of 70.05 IDR versus a price of 478.00 IDR, about 85% lower (overvalued).
What is the fair value of RISE?
Our model-based fair value for Jaya Sukses Makmur Sentosa Tbk PT is 70.05 IDR (as of Nov 4, 2026), built from audited fundamentals. The current price: 478.00 IDR.
What is the quality score of RISE?
Jaya Sukses Makmur Sentosa Tbk PT 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 price target for Jaya Sukses Makmur Sentosa Tbk PT (RISE)?
Our model-based price target is the fair value of 70.05 IDR (as of Nov 4, 2026) from 15 valuation models. Cautious scenario 37.56 IDR, optimistic scenario 96.78 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the Jaya Sukses Makmur Sentosa Tbk PT stock forecast for 2026?
Our models put fair value at 70.05 IDR, about 85% lower versus a price of 478.00 IDR (overvalued). Cautious scenario 37.56 IDR, optimistic scenario 96.78 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of Jaya Sukses Makmur Sentosa Tbk PT (RISE)?
Jaya Sukses Makmur Sentosa Tbk PT reported trailing-twelve-month revenue of about 481B IDR (latest available figure, as of Nov 4, 2026).
What is the intrinsic value of Jaya Sukses Makmur Sentosa Tbk PT (RISE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Jaya Sukses Makmur Sentosa Tbk PT it is 70.05 IDR per share (as of Nov 4, 2026), against a price of 478.00 IDR. It is the blended result of 15 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Jaya Sukses Makmur Sentosa Tbk PT stock overvalued or undervalued in 2026?
As of Nov 4, 2026, RISE trades above its calculated fair value: price 478.00 IDR, fair value 70.05 IDR, a gap of about −85% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of RISE?
No. The price is what the market pays today (478.00 IDR); the fair value is what the company's own numbers justify (70.05 IDR). For Jaya Sukses Makmur Sentosa Tbk PT the two are 407.95 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is Jaya Sukses Makmur Sentosa Tbk PT worth?
The market values Jaya Sukses Makmur Sentosa Tbk PT at about 7.8T IDR (market capitalisation, as of Nov 4, 2026). Per share that is 478.00 IDR; our models calculate a fair value of 70.05 IDR per share.
What do the bullish and bearish scenarios say about RISE?
Our models span a range for Jaya Sukses Makmur Sentosa Tbk PT: cautious scenario 37.56 IDR, base 70.05 IDR, optimistic 96.78 IDR per share (as of Nov 4, 2026, price 478.00 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of RISE?
Jaya Sukses Makmur Sentosa Tbk PT trades at a price-to-earnings ratio of 42.5 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 70.05 IDR is built from several models across several years. Other multiples: P/B 3.5, P/S 16.1, EV/EBITDA 35.2.
How solid is the balance sheet of Jaya Sukses Makmur Sentosa Tbk PT (RISE)?
Balance-sheet figures for Jaya Sukses Makmur Sentosa Tbk PT (as of Nov 4, 2026): return on equity 5.9%, debt of 0.06 per unit of equity. They feed the Quality Score of 41/100, which measures business quality independently of the share price.
How far is RISE from its 52-week high?
Jaya Sukses Makmur Sentosa Tbk PT trades at 478.00 IDR, about 95% below its 52-week high of 9,459 IDR and at the low of 478.00 IDR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 70.05 IDR is for.
Which stocks are comparable to Jaya Sukses Makmur Sentosa Tbk PT?
From the same area (Real Estate) we also value Sun Hung Kai Properties Limited, China Resources Land Limited, CK Asset Holdings, DLF Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Jaya Sukses Makmur Sentosa Tbk PT stock attractive at the current price?
The data as of Nov 4, 2026: price 478.00 IDR, calculated fair value 70.05 IDR (−85%), Quality Score 41/100, from 15 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of RISE calculated?
We run Jaya Sukses Makmur Sentosa Tbk PT through 15 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 70.05 IDR builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Jaya Sukses Makmur Sentosa Tbk PT itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Jaya Sukses Makmur Sentosa Tbk PT (RISE)?
The closing price on Nov 6, 2026 was 478.00 IDR. Our model-based fair value is 70.05 IDR, about 85% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Jaya Sukses Makmur Sentosa Tbk PT right now?
The price sits above even our optimistic bull case (96.78 IDR). The favourable scenario is already priced in. Weak quality (41/100) 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 (37.56 IDR to 96.78 IDR) leaves room in how you read the outcome.
Where does the earnings growth of Jaya Sukses Makmur Sentosa Tbk PT (RISE) come from?
Earnings per share at Jaya Sukses Makmur Sentosa Tbk PT grew −10.2 % a year from 2015 to 2025. Broken into its drivers: revenue per share +0.3 %, EBIT margin −11.4 %, tax rate +0.8 %, residual (interest, one-offs) +0.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Jaya Sukses Makmur Sentosa Tbk PT
How large is the market capitalisation of Jaya Sukses Makmur Sentosa Tbk PT (RISE)?
The market capitalisation of Jaya Sukses Makmur Sentosa Tbk PT is 7.8T IDR (≈ $428M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Jaya Sukses Makmur Sentosa Tbk PT (RISE)?
The price-to-sales ratio of Jaya Sukses Makmur Sentosa Tbk PT is 16.1 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Jaya Sukses Makmur Sentosa Tbk PT (RISE)?
Earnings per share at Jaya Sukses Makmur Sentosa Tbk PT are 11.25 IDR (price ÷ EPS = P/E 42.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Jaya Sukses Makmur Sentosa Tbk PT (RISE)?
The net margin of Jaya Sukses Makmur Sentosa Tbk PT is 37.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Jaya Sukses Makmur Sentosa Tbk PT (RISE)?
The return on equity (ROE) of Jaya Sukses Makmur Sentosa Tbk PT is 5.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Jaya Sukses Makmur Sentosa Tbk PT (RISE)?
On an EBIT basis the return on assets of Jaya Sukses Makmur Sentosa Tbk PT is 1.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Jaya Sukses Makmur Sentosa Tbk PT (RISE)?
The operating margin of Jaya Sukses Makmur Sentosa Tbk PT is 11.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Jaya Sukses Makmur Sentosa Tbk PT (RISE)?
Revenue at Jaya Sukses Makmur Sentosa Tbk PT is growing −4.0% versus a year earlier (3y avg +8.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Jaya Sukses Makmur Sentosa Tbk PT (RISE)?
Earnings per share at Jaya Sukses Makmur Sentosa Tbk PT are growing +23.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Jaya Sukses Makmur Sentosa Tbk PT (RISE) generate?
The free cash flow of Jaya Sukses Makmur Sentosa Tbk PT is −130B IDR (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Jaya Sukses Makmur Sentosa Tbk PT (RISE) carry?
The net debt of Jaya Sukses Makmur Sentosa Tbk PT is 455B IDR (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 4, 2026