EN DE

PT Pikko Land Development Tbk (RODA) Fair Value & Analysis

Real Estate · ID · Market cap 870B IDR

PP PT Pikko Land Development Tbk RODA · JK
Price70.00 IDR
Fair Value46.22 IDR
Upside-34.0%
Quality61/100
Watch PT Pikko Land Development Tbk for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -44.8% net margin
Low debt · generates free cash flow
Trails peers (3/9)
Narrow moat 15/100
Evidence: Medium Range 24.15 IDR – 68.29 IDR Share as image

Fair value as of: Jul 17, 2026

From 9 valuation models · updated 24 days ago

Share price +18.6% over the past month.

A solid business, but screening 34% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (68.29 IDR). The favourable scenario is already priced in.
  • The model range is unusually wide (24.15 IDR to 68.29 IDR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (61/100) 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.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

120.00 IDR 14.00 IDR Fair Value 46.22 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 14.00 IDR – 120.00 IDR · fair‑value band 24.15 IDR – 68.29 IDR · the 70.00 IDR price screens above the 46.22 IDR fair value. Dashed = 300-day average. As of Jul 17, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

PT Pikko Land Development Tbk (RODA) currently trades at 70.00 IDR, while our model-based Fair Value estimate is 46.22 IDR, implying the stock looks roughly 34.0% overvalued today. The Quality Score stands at 61/100 (solid 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 Pikko Land Development Tbk generated revenue of 155B IDR at a net margin of -44.8%. Revenue declined 6.7% year over year. It earns a return on equity of -3.4%. Net debt stands at 372B IDR. Fundamentals as of Jul 17, 2026

Our scenario range runs from 24.15 IDR (bear case) to 68.29 IDR (bull case); at 70.00 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 about 38% below its 52-week high and 133% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at -34%, RODA 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
Growth DCF 72.71 IDR 162.21 IDR 349.86 IDR 80
Rev-Margin DCF 45.06 IDR 110.65 IDR 211.19 IDR 74
Gordon GGM 0.2700 IDR 0.5900 IDR 0.9900 IDR 70
All 9 models by family
DCF Models
FCF DCF 78.37 IDR 140.87 IDR 343.23 IDR 38
5Y Revenue Exit 45.06 IDR 95.30 IDR 196.27 IDR 39
10Y Revenue Exit 52.08 IDR 129.67 IDR 196.66 IDR 36
Dividend Discount
Gordon GGM 0.2700 IDR 0.5900 IDR 0.9900 IDR 70
DDM Multi-Stage 0.2700 IDR 0.4800 IDR 0.6100 IDR 61
Multiples
EV/Revenue 29.42 IDR 51.49 IDR 73.56 IDR 43
Asset-Based
NCAV (Graham) 69.00 IDR 92.45 IDR 137.99 IDR 50
Growth DCF
Growth DCF 72.71 IDR 162.21 IDR 349.86 IDR 80
Rev-Margin DCF 45.06 IDR 110.65 IDR 211.19 IDR 74

Widest divergence: DCF Models (129.67 IDR) versus Dividend Discount (0.4800 IDR). Highest evidence: Growth DCF (80).

Notify me when RODA reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 155B IDR
Revenue growth (YoY) -6.7%
Net margin -44.8%
Return on equity -3.4%
Free cash flow 76.9B IDR FY2025
Operating margin -26.9%
More key figures
EPS (TTM) -5.10 IDR
EPS growth (YoY) -92.7%
Net debt 372B IDR FY2025

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

Quality Score breakdown

Overall quality 61/100

Of which business quality 64 · Market factors (momentum, volatility) 66

Profitability 4
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 60
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 74
Price trend over the last 3–12 months (market factor)
52W Momentum 74
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 Pikko Land Development Tbk develops and sells real estate properties in Indonesia. It also invests in shares of stocks, as well as various property assets, such as land and apartment units. PT Pikko Land Development Tbk was formerly known as PT Royal Oak Development Asia Tbk and changed its name to PT Pikko Land Development Tbk in October 2012.

Full company description

PT Pikko Land Development Tbk develops and sells real estate properties in Indonesia. It also invests in shares of stocks, as well as various property assets, such as land and apartment units. PT Pikko Land Development Tbk was formerly known as PT Royal Oak Development Asia Tbk and changed its name to PT Pikko Land Development Tbk in October 2012. The company was founded in 1984 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 Pikko Land Development Tbk reported revenue of 156B IDR in FY2025 versus 509B IDR in FY2021, a compound −25.6%/yr. Reported net income was −70.9B IDR in FY2025.

Growth Quality 21/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
156B IDR
Latest YoY
+84.2%
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.
−5.5%
Avg. growth/yr (24Y) 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.
+21.6%
Revenue −25.6%/yr
FY21 509B IDR
FY22 184B IDR
FY23 102B IDR
FY24 84.5B IDR
FY25 156B IDR
Net income
FY21 7.5B IDR
FY22 −36.0B IDR
FY23 −35.3B IDR
FY24 −61.9B IDR
FY25 −70.9B IDR

RODA screens 34% overvalued. Compare with DLF Limited →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "PT Pikko Land Development Tbk Fair Value". https://www.fairvalue-calculator.com/stock/RODA

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 63 · Top 25%
Fair Value upside −34% · Below median
Return on assets -0% · Below median
Net margin (TTM) -45% · Bottom 25%
Operating margin (TTM) -27% · Bottom 25%
Revenue growth -7% · Below median
Debt / equity 0.18× · Lower than median

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

P/FCF 0.0× · Cheaper 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 0 · sector 48
FUTURE 0 · sector 0
PAST 0 · sector 10
HEALTH 91 · 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 17, 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%

Compare PT Pikko Land Development Tbk with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is PT Pikko Land Development Tbk (RODA) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 46.22 IDR versus a price of 70.00 IDR, about −34% (overvalued).
What is the fair value of RODA?
Our model-based fair value for PT Pikko Land Development Tbk is 46.22 IDR (as of Jul 17, 2026), built from audited fundamentals. The current price is 70.00 IDR.
What is the quality score of RODA?
PT Pikko Land Development Tbk has a Quality Score of 61/100. 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 Pikko Land Development Tbk (RODA)?
PT Pikko Land Development Tbk reported trailing-twelve-month revenue of about 155B IDR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of RODA?
The net profit margin of PT Pikko Land Development Tbk is about -44.8%, 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.

14 days Pro free · no card

Track PT Pikko Land Development Tbk and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.