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PT Kedoya Adyaraya Tbk owns and (RSGK) Fair Value & Analysis

Healthcare · ID · Market cap 958B IDR

PK PT Kedoya Adyaraya Tbk owns and RSGK · JK
Price910.00 IDR
Fair Value816.58 IDR
Upside-10.3%
Quality52/100
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Healthy Growth
Thin margins · 7.3% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/13)
Narrow moat 41/100
Evidence: High Range 612.44 IDR – 1,021 IDR Share as image

Fair value as of: Jul 20, 2026

From 24 valuation models · updated 21 days ago

Share price −15.0% over the past month.

A solid business, but screening 10% overvalued on our models.

What matters now

  • Our model range runs from 612.44 IDR (bear) to 1,021 IDR (bull), base 816.58 IDR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 52/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

1,844 IDR 610.00 IDR Fair Value 816.58 IDR Sep 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

59‑month range 610.00 IDR – 1,844 IDR · fair‑value band 612.44 IDR – 1,021 IDR · the 910.00 IDR price screens above the 816.58 IDR fair value. Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

PT Kedoya Adyaraya Tbk owns and (RSGK) currently trades at 910.00 IDR, while our model-based Fair Value estimate is 816.58 IDR, implying the stock looks roughly 10.3% overvalued today. The Quality Score stands at 52/100 (solid quality), in the Healthcare 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: high).

Over the trailing twelve months, PT Kedoya Adyaraya Tbk owns and generated revenue of 490B IDR at a net margin of 7.3%. Revenue grew 19.4% year over year. It earns a return on equity of 4.3%. The balance sheet holds a net cash position of 40.4B IDR. Fundamentals as of Jul 20, 2026

Our scenario range runs from 612.44 IDR (bear case) to 1,021 IDR (bull case); at 910.00 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 42% below its 52-week high and 49% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at 11% fair-value upside, at -10%, RSGK 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 493.36 IDR 848.16 IDR 1,449 IDR 80
Residual Income 678.08 IDR 677.99 IDR 629.24 IDR 76
Rev-Margin DCF 432.59 IDR 735.45 IDR 1,097 IDR 74
All 24 models by family
DCF Models
FCF DCF 486.22 IDR 840.73 IDR 1,432 IDR 38
Owner Earnings 262.82 IDR 467.43 IDR 808.42 IDR 31
5Y Revenue Exit 432.59 IDR 737.45 IDR 1,133 IDR 39
5Y EBITDA Exit 723.84 IDR 1,299 IDR 1,990 IDR 41
5Y P/E Exit 502.21 IDR 871.70 IDR 1,270 IDR 38
10Y Revenue Exit 431.08 IDR 722.43 IDR 1,129 IDR 36
10Y EBITDA Exit 638.65 IDR 1,128 IDR 1,817 IDR 37
10Y P/E Exit 492.38 IDR 819.38 IDR 1,239 IDR 35
Earnings-Based
Graham-Dodd 252.40 IDR 902.23 IDR 1,215 IDR 54
Lynch FV 212.53 IDR 303.62 IDR 394.71 IDR 50
PEG = 1.0 212.53 IDR 303.62 IDR 394.71 IDR 46
EPV 352.60 IDR 422.26 IDR 484.17 IDR 59
Multiples
P/E Multiple 612.44 IDR 816.58 IDR 1,021 IDR 63
P/S Multiple 473.25 IDR 630.99 IDR 788.74 IDR 58
P/B Multiple 473.25 IDR 630.99 IDR 788.74 IDR 55
EV/EBIT 608.90 IDR 825.90 IDR 1,043 IDR 53
EV/EBITDA 935.17 IDR 1,261 IDR 1,587 IDR 54
EV/Revenue 422.53 IDR 621.66 IDR 820.80 IDR 43
Asset-Based
NCAV (Graham) 445.74 IDR 597.30 IDR 891.49 IDR 50
Growth DCF
Growth DCF 493.36 IDR 848.16 IDR 1,449 IDR 80
Rev-Margin DCF 432.59 IDR 735.45 IDR 1,097 IDR 74
Economic Profit
Residual Income 678.08 IDR 677.99 IDR 629.24 IDR 76
ROIC Compounder 352.60 IDR 422.26 IDR 484.17 IDR 72
Growth Earnings
Growth-Adj P/E 419.07 IDR 598.68 IDR 778.28 IDR 68

Widest divergence: DCF Models (819.38 IDR) versus Earnings-Based (303.62 IDR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 490B IDR
Revenue growth (YoY) +19.4%
Net margin 7.3%
Return on equity 4.3%
Free cash flow 39.4B IDR FY2025
P/E ratio 26.9
More key figures
Operating margin 10.6%
EPS (TTM) 38.32 IDR
EPS growth (YoY) +13.4%
Net cash 40.4B IDR FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 53 · Market factors (momentum, volatility) 38

Profitability 30
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 57
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 29
Distance to the 52-week high (market factor)
Net Issuance 40
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 Kedoya Adyaraya Tbk owns and operates hospitals in Indonesia. It offers facilities, such as inpatient and outpatient services; and healthcare services, and building and operating hospitals. The company was founded in 1990 and is headquartered in Jakarta, Indonesia. PT Kedoya Adyaraya Tbk is a subsidiary of PT Sarana Meditama Metropolitan Tbk.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Kedoya Adyaraya Tbk owns and reported revenue of 470B IDR in FY2025 versus 435B IDR in FY2021, a compound +1.9%/yr. Reported net income was 34.5B IDR in FY2025, compounding −10.1%/yr from FY2021.

Growth Quality 80/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
470B IDR
Latest YoY
+6.5%
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.
+9.3%
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.
+9.7%
Avg. growth/yr (7Y) 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.
+9.9%
Revenue +1.9%/yr
FY21 435B IDR
FY22 359B IDR
FY23 373B IDR
FY24 441B IDR
FY25 470B IDR
Net income −10.1%/yr
FY21 52.9B IDR
FY22 26.2B IDR
FY23 25.2B IDR
FY24 39.7B IDR
FY25 34.5B IDR

RSGK screens 10% overvalued. Compare with HCA Healthcare, Inc →

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Cite: Fair Value Calculator (2026). "PT Kedoya Adyaraya Tbk owns and Fair Value". https://www.fairvalue-calculator.com/stock/RSGK

Peer Group

Medical Care Facilities · 261 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 52 · Below median
Fair Value upside −10% · Below median
Return on equity (TTM) 4% · Below median
Return on assets 3% · Below median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth 19% · Top 25%
Debt / equity 0.12× · Lower than median

Valuation Multiples vs Medical Care Facilities median · lower = cheaper

P/E (TTM) 26.9× · Pricier than median
P/B 1.16× · Cheaper than median
P/S (TTM) 1.95× · Pricier than median
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 10.7× · 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 20 · sector 23
FUTURE 97 · sector 24
PAST 17 · sector 30
HEALTH 94 · sector 90
DIVIDEND 0 · sector 38

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 Medical Care Facilities stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
HCA Healthcare, Inc HCA $378.85 $554.93 +46%
Fresenius SE FRE €41.73 €32.15 -23%
Dr. Sulaiman Al Habib Medical Services Group 4013 235.00 SAR 112.37 SAR -52%
IHH Healthcare Berhad, an investment holding company, Q0F 2.58 SGD 1.44 SGD -44%
Tenet Healthcare Corporation THC $194.91 $338.05 +73%
Rede D'Or São Luiz S.A RDOR3 R$36.01 R$47.31 +31%
DaVita Inc DVA $231.61 $255.97 +11%
Apollo Hospitals Enterprise Limited APOLLOHOSP ₹8,955 ₹2,955 -67%
Fresenius Medical Care AG FMS $24.68 $45.60 +85%
Aier Eye Hospital Group 300015 ¥8.68 ¥7.67 -12%

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Frequently asked questions

Is PT Kedoya Adyaraya Tbk owns and (RSGK) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 816.58 IDR versus a price of 910.00 IDR, about −10% (overvalued).
What is the fair value of RSGK?
Our model-based fair value for PT Kedoya Adyaraya Tbk owns and is 816.58 IDR (as of Jul 20, 2026), built from audited fundamentals. The current price is 910.00 IDR.
What is the quality score of RSGK?
PT Kedoya Adyaraya Tbk owns and has a Quality Score of 52/100. 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 Kedoya Adyaraya Tbk owns and (RSGK)?
PT Kedoya Adyaraya Tbk owns and reported trailing-twelve-month revenue of about 490B IDR (latest available figure, as of Jul 20, 2026).
What is the net profit margin of RSGK?
The net profit margin of PT Kedoya Adyaraya Tbk owns and is about 7.3%, meaning it keeps roughly 7.3% 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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