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PT Bank Woori Saudara Indonesia 1906 Tbk (SDRA) Fair Value & Analysis

Financial Services · ID · Market cap 3.1T IDR

PB PT Bank Woori Saudara Indonesia 1906 Tbk SDRA · JK
Price222.00 IDR
Fair Value181.33 IDR
Upside-18.3%
Quality25/100
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Expensive Growth
Low debt · negative free cash flow
Trails peers (0/7)
Narrow moat 40/100
Evidence: Low Range 72.78 IDR – 372.03 IDR Share as image

Fair value as of: Jul 18, 2026

From 3 valuation models · updated 23 days ago

Share price +7.8% over the past month.

Below-average quality, and screening another 18% overvalued on our models.

What matters now

  • Weak quality (25/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (72.78 IDR to 372.03 IDR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

830.90 IDR 200.00 IDR Fair Value 181.33 IDR Feb 2021 Aug 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 200.00 IDR – 830.90 IDR · fair‑value band 72.78 IDR – 372.03 IDR · the 222.00 IDR price screens above the 181.33 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 Bank Woori Saudara Indonesia 1906 Tbk (SDRA) currently trades at 222.00 IDR, while our model-based Fair Value estimate is 181.33 IDR, implying the stock looks roughly 18.3% overvalued today. The Quality Score stands at 25/100 (below-average quality), in the Financial 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).

Trailing-twelve-month revenue stands at 541B IDR. Revenue declined 6.9% year over year. It earns a return on equity of -8.3%. Net debt stands at 1.8T IDR. Fundamentals as of Jul 18, 2026

Our scenario range runs from 72.78 IDR (bear case) to 372.03 IDR (bull case); at 222.00 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 37% below its 52-week high and 12% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 42% fair-value upside, at -18%, SDRA 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
Gordon GGM 76.95 IDR 168.00 IDR 282.67 IDR 70
DDM Multi-Stage 76.95 IDR 137.62 IDR 175.08 IDR 61
NCAV (Graham) 361.25 IDR 484.08 IDR 722.50 IDR 50
All 3 models by family
Dividend Discount
Gordon GGM 76.95 IDR 168.00 IDR 282.67 IDR 70
DDM Multi-Stage 76.95 IDR 137.62 IDR 175.08 IDR 61
Asset-Based
NCAV (Graham) 361.25 IDR 484.08 IDR 722.50 IDR 50

Widest divergence: Asset-Based (484.08 IDR) versus Dividend Discount (137.62 IDR). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 541B IDR
Revenue growth (YoY) -6.9%
Net margin -205%
Return on equity -8.3%
Free cash flow −37.7B IDR FY2025
Operating margin 33.1%
More key figures
EPS (TTM) -75.47 IDR
EPS growth (YoY) -30.8%
Net debt 1.8T IDR FY2025

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

Quality Score breakdown

Overall quality 25/100

Of which business quality 26 · Market factors (momentum, volatility) 33

Profitability 3
Margins and returns on capital today
Quality Growth 13
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 57
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 78
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 12
Distance to the 52-week high (market factor)
Net Issuance 0
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 Bank Woori Saudara Indonesia 1906 Tbk provides various commercial banking products and services for individuals and businesses in Indonesia. It operates through six segments: Pensioner; Employee; Commercial; Treasury; Funding; and Others.

Full company description

PT Bank Woori Saudara Indonesia 1906 Tbk provides various commercial banking products and services for individuals and businesses in Indonesia. It operates through six segments: Pensioner; Employee; Commercial; Treasury; Funding; and Others. The company offers current and savings accounts; time and demand deposits; commercial, pension/retirement, employee general, mortgage, corporate, and car loans, as well as loans for micro, small, and medium enterprises; and bank guarantees. It also provides wealth management; treasury products comprising foreign exchange (forex), money market, fixed income, and update information services on currency exchange rates; and payment services through automatic teller machines and digital banking channels. In addition, the company offers remittance forex transfer and collection; fund transfer; bancassurance; international banking; export and import; safe deposit box; trade finance; Internet and mobile banking; state revenue; and electronic data capture services. Further, it invests in placements and securities. The company was founded in 1906 and is headquartered in Jakarta, Indonesia. PT Bank Woori Saudara Indonesia 1906 Tbk is a subsidiary of Woori Bank.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Bank Woori Saudara Indonesia 1906 Tbk reported revenue of 3.4T IDR in FY2025 versus 2.7T IDR in FY2021, a compound +5.9%/yr. Reported net income was −1.1T IDR in FY2025.

Growth Quality 17/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
3.4T IDR
Latest YoY
−22.6%
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.
+0.9%
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.
+4.9%
Avg. growth/yr (19Y) 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.
+17.3%
Revenue +5.9%/yr
FY21 2.7T IDR
FY22 3.3T IDR
FY23 3.9T IDR
FY24 4.3T IDR
FY25 3.4T IDR
Net income
FY21 629B IDR
FY22 861B IDR
FY23 698B IDR
FY24 516B IDR
FY25 −1.1T IDR
Character of growth · EPS growth decomposed (2014-2025) +1.2 % p.a.
Revenue per share +3.1 pp

of which total revenue +13.7 pp · buybacks/dilution −10.7 pp

EBIT margin −2.3 pp
Tax rate +0.5 pp
Residual (interest, one-offs) −0.1 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

SDRA screens 18% overvalued. Compare with KB Financial Group →

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Cite: Fair Value Calculator (2026). "PT Bank Woori Saudara Indonesia 1906 Tbk Fair Value". https://www.fairvalue-calculator.com/stock/SDRA

Peer Group

Banks - Regional · 1083 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 28 · Bottom 25%
Fair Value upside −18% · Below median
Return on assets -2% · Bottom 25%
Operating margin (TTM) 33% · Below median
Revenue growth -7% · Bottom 25%
Debt / equity 0.31× · Higher 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 9 · sector 39
FUTURE 0 · sector 44
PAST 0 · sector 41
HEALTH 85 · sector 85
DIVIDEND 0 · sector 49

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 Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
PT Bank Central Asia Tbk BBCA 6,175 IDR 6,087 IDR -1%
KB Financial Group 105560 184,400 KRW 213,797 KRW +16%
PT Bank Rakyat Indonesia (Persero) Tbk BBRI 2,970 IDR 4,891 IDR +65%
PT Bank Mandiri (Persero) Tbk BMRI 4,310 IDR 7,841 IDR +82%
Banco Bradesco S.A BBD 5,120 ARS 10,240 ARS +100%
Shinhan Financial Group 055550 107,900 KRW 137,259 KRW +27%
Hana Financial Group 086790 136,800 KRW 193,969 KRW +42%
Lloyds Banking Group LYG 4,138 ARS 8,275 ARS +100%
Banco de Chile, CHILE 193.10 CLP 152.55 CLP -21%
Joint Stock Commercial Bank for Foreign Trade of Vietnam, VCB 59,400 VND 84,201 VND +42%

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Frequently asked questions

Is PT Bank Woori Saudara Indonesia 1906 Tbk (SDRA) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 181.33 IDR versus a price of 222.00 IDR, about −18% (overvalued).
What is the fair value of SDRA?
Our model-based fair value for PT Bank Woori Saudara Indonesia 1906 Tbk is 181.33 IDR (as of Jul 18, 2026), built from audited fundamentals. The current price is 222.00 IDR.
What is the quality score of SDRA?
PT Bank Woori Saudara Indonesia 1906 Tbk has a Quality Score of 25/100. 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 Bank Woori Saudara Indonesia 1906 Tbk (SDRA)?
PT Bank Woori Saudara Indonesia 1906 Tbk reported trailing-twelve-month revenue of about 541B IDR (latest available figure, as of Jul 18, 2026).

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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