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PT Sekar Bumi Tbk, (SKBM) Fair Value & Analysis

Consumer Defensive · ID · Market cap 1.0T IDR

PS PT Sekar Bumi Tbk, SKBM · JK
Price540.00 IDR
Fair Value689.26 IDR
Upside+27.6%
Quality63/100
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Weak Growth
Thin margins · 3.5% net margin
Low debt · negative free cash flow
Ranks above peers (11/12)
Narrow moat 43/100
Evidence: High Range 490.22 IDR – 896.04 IDR Share as image

Fair value as of: Jul 12, 2026

From 17 valuation models · updated 29 days ago

Share price −8.5% over the past month.

A solid business, screening 28% undervalued on our models.

What matters now

  • Solid quality (63/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (490.22 IDR to 896.04 IDR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

1,210 IDR 202.00 IDR Fair Value 689.26 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range 202.00 IDR – 1,210 IDR · fair‑value band 490.22 IDR – 896.04 IDR · the 540.00 IDR price screens below the 689.26 IDR fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

PT Sekar Bumi Tbk, (SKBM) currently trades at 540.00 IDR, while our model-based Fair Value estimate is 689.26 IDR, implying the stock looks roughly 27.6% undervalued today. The Quality Score stands at 63/100 (solid quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, PT Sekar Bumi Tbk, generated revenue of 3.4T IDR at a net margin of 3.5%. Revenue grew 51.6% year over year. It earns a return on equity of 11.5%. Net debt stands at 322B IDR. Fundamentals as of Jul 12, 2026

Our scenario range runs from 490.22 IDR (bear case) to 896.04 IDR (bull case); at 540.00 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 59% below its 52-week high and 69% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -3% fair-value upside, at 28%, SKBM 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
Residual Income 473.77 IDR 500.94 IDR 546.46 IDR 76
ROIC Compounder 925.72 IDR 1,189 IDR 1,542 IDR 72
Gordon GGM 93.54 IDR 204.22 IDR 343.61 IDR 70
All 17 models by family
DCF Models
Owner Earnings 751.50 IDR 1,176 IDR 1,914 IDR 31
Earnings-Based
Graham-Dodd 273.34 IDR 1,108 IDR 1,508 IDR 54
Lynch FV 277.16 IDR 395.95 IDR 514.73 IDR 50
PEG = 1.0 277.16 IDR 395.95 IDR 514.73 IDR 46
EPV 847.13 IDR 963.49 IDR 1,067 IDR 59
Dividend Discount
Gordon GGM 93.54 IDR 204.22 IDR 343.61 IDR 70
DDM Multi-Stage 93.54 IDR 167.29 IDR 212.83 IDR 61
Multiples
P/E Multiple 633.11 IDR 844.15 IDR 1,055 IDR 63
P/S Multiple 512.52 IDR 683.36 IDR 854.20 IDR 58
P/B Multiple 512.52 IDR 683.36 IDR 854.20 IDR 55
EV/EBIT 1,236 IDR 1,586 IDR 1,935 IDR 53
EV/EBITDA 1,193 IDR 1,528 IDR 1,863 IDR 54
EV/Revenue 936.13 IDR 1,257 IDR 1,578 IDR 43
Asset-Based
NCAV (Graham) 288.21 IDR 386.21 IDR 576.43 IDR 50
Economic Profit
Residual Income 473.77 IDR 500.94 IDR 546.46 IDR 76
ROIC Compounder 925.72 IDR 1,189 IDR 1,542 IDR 72
Growth Earnings
Growth-Adj P/E 482.48 IDR 689.26 IDR 896.04 IDR 68

Widest divergence: DCF Models (1,176 IDR) versus Dividend Discount (167.29 IDR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 3.4T IDR
Revenue growth (YoY) +51.6%
Net margin 3.5%
Return on equity 11.5%
Free cash flow −54.9B IDR FY2025
P/E ratio 8.8
More key figures
Operating margin 7.5%
EPS (TTM) 67.02 IDR
EPS growth (YoY) +1,757%
Net debt 322B IDR FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 58 · Market factors (momentum, volatility) 53

Profitability 50
Margins and returns on capital today
Quality Growth 97
Are margins and returns improving?
Cashflow 11
Earnings quality: real cash, not paper profit
Fin. Strength 53
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 52
Price trend over the last 3–12 months (market factor)
52W Momentum 57
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 Sekar Bumi Tbk, together with its subsidiaries, produces and sells frozen food products in Indonesia and internationally. The company operates in two segments, Value-Added Seafood and Processed Food. It offers raw, cooked, and value-added shrimp products; and frozen value-added seafood, frozen processed food, nuts, and seasonings.

Full company description

PT Sekar Bumi Tbk, together with its subsidiaries, produces and sells frozen food products in Indonesia and internationally. The company operates in two segments, Value-Added Seafood and Processed Food. It offers raw, cooked, and value-added shrimp products; and frozen value-added seafood, frozen processed food, nuts, and seasonings. The company also engages in the production of shrimp and fish feeds; and shrimp farming business. In addition, it is involved in the wholesale trading of fishery and processed seafood products, beef, processed meat, and vegetables; other aquatic biota freezing activities; and cultivation of shrimp ponds. The company sells its products under the FINNA, SKB, Bumifood, Mitraku, and Freshmar brand names. It exports its products. The company was founded in 1973 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

PT Sekar Bumi Tbk, reported revenue of 3.0T IDR in FY2025 versus 3.8T IDR in FY2021, a compound −5.9%/yr. Reported net income was 69.5B IDR in FY2025, compounding +23.8%/yr from FY2021.

Growth Quality 14/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
3.0T IDR
Latest YoY
+32.8%
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.
−7.5%
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.
−1.0%
Avg. growth/yr (18Y) 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.
+12.6%
Revenue −5.9%/yr
FY21 3.8T IDR
FY22 3.8T IDR
FY23 2.8T IDR
FY24 2.3T IDR
FY25 3.0T IDR
Net income +23.8%/yr
FY21 29.6B IDR
FY22 86.2B IDR
FY23 1.5B IDR
FY24 −75.2B IDR
FY25 69.5B IDR
Character of growth · EPS growth decomposed (2014-2025) −7.3 % p.a.
Revenue per share +3.8 pp

of which total revenue +8.1 pp · buybacks/dilution −4.4 pp

EBIT margin −5.5 pp
Tax rate −1.9 pp
Residual (interest, one-offs) −3.7 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).

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Cite: Fair Value Calculator (2026). "PT Sekar Bumi Tbk, Fair Value". https://www.fairvalue-calculator.com/stock/SKBM

Peer Group

Packaged Foods · 649 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 +28% · Above median
Return on equity (TTM) 11% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 3% · Below median
Operating margin (TTM) 8% · Above median
Revenue growth 52% · Top 25%
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 8.8× · Cheaper than 75% of peers
P/B 1.02× · Cheaper than median
P/S (TTM) 0.30× · Cheaper than median
EV/EBITDA 2.9× · 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 70 · sector 28
FUTURE 100 · sector 20
PAST 46 · sector 27
HEALTH 100 · sector 96
DIVIDEND 0 · sector 47

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 Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,427 ₹362.37 -75%
Britannia Industries Limited BRITANNIA ₹5,413 ₹1,870 -65%
Tata Consumer Products Limited TATACONSUM ₹1,089 ₹327.27 -70%
PT Indofood CBP Sukses Makmur Tbk ICBP 6,650 IDR 15,757 IDR +137%
Samyang Foods Co 003230 1,139,000 KRW 1,010,543 KRW -11%
Patanjali Foods Limited PATANJALI ₹413.80 ₹157.04 -62%
Vietnam Dairy Products Joint Stock Company VNM 58,500 VND 68,259 VND +17%
PT Mayora Indah Tbk, MYOR 1,750 IDR 2,699 IDR +54%
PT Cisarua Mountain Dairy Tbk CMRY 4,490 IDR 4,355 IDR -3%
Nongshim Co 004370 348,500 KRW 530,619 KRW +52%

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Frequently asked questions

Is PT Sekar Bumi Tbk, (SKBM) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 689.26 IDR versus a price of 540.00 IDR, about +28% (undervalued).
What is the fair value of SKBM?
Our model-based fair value for PT Sekar Bumi Tbk, is 689.26 IDR (as of Jul 12, 2026), built from audited fundamentals. The current price is 540.00 IDR.
What is the quality score of SKBM?
PT Sekar Bumi Tbk, has a Quality Score of 63/100. 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 Sekar Bumi Tbk, (SKBM)?
PT Sekar Bumi Tbk, reported trailing-twelve-month revenue of about 3.4T IDR (latest available figure, as of Jul 12, 2026).
What is the net profit margin of SKBM?
The net profit margin of PT Sekar Bumi Tbk, is about 3.5%, meaning it keeps roughly 3.5% 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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