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PT Mitra Tirta Buwana Tbk (SOUL) Fair Value & Analysis

Industrials · ID · Market cap 40.1B IDR

PM PT Mitra Tirta Buwana Tbk SOUL · JK
Price37.00 IDR
Fair Value14.34 IDR
Upside-61.2%
Quality32/100
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Evidence: Low Range 9.46 IDR – 17.92 IDR

Fair value as of: Jul 16, 2026

From 1 valuation models · updated 2 days ago

Fair value updated Jul 16, 2026, revised from 146.68 IDR to 14.34 IDR (−90.2%) since Jun 24, 2026. Share price +5.7% over the past month.

Price vs Fair Value (12 months)

106.00 IDR 31.00 IDR Fair Value 14.34 IDR Jul 2025 Jul 2026

12‑month range 31.00 IDR – 106.00 IDR · fair‑value band 9.46 IDR – 17.92 IDR · the 37.00 IDR price screens above the 14.34 IDR fair value. As of Jul 16, 2026.

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Analysis

PT Mitra Tirta Buwana Tbk (SOUL) currently trades at 37.00 IDR, while our model-based Fair Value estimate is 14.34 IDR, implying the stock looks roughly 61.2% overvalued today. We read business quality at 32/100 (below-average quality), in the Industrials 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 3.6B IDR. Revenue declined 33.0% year over year. It earns a return on equity of -10.9%. Net debt stands at 970M IDR. Fundamentals as of Jul 16, 2026

Our scenario range runs from 9.46 IDR (bear case) to 17.92 IDR (bull case); at 37.00 IDR, the current price sits above that range. The share trades about 68% below its 52-week high and 28% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -18% fair-value upside, at -61%, SOUL screens richer than that median.

Key figures & financial health

Revenue (TTM) 3.6B IDR
Revenue growth (YoY) -33.0%
Net margin -111%
Return on equity -10.9%
Free cash flow −9.7B IDR FY2024
Operating margin -228%
More key figures
EPS growth (YoY) +39,991%
Net debt 970M IDR FY2024

Figures from reported company fundamentals (EODHD) · as of Jul 16, 2026. TTM = trailing twelve months.

About the company

PT Mitra Tirta Buwana Tbk engages in the manufacture and sale of packaged drinking water in Indonesia. The company offers extra oxygen pure drinking water with a total dissolved solids of 0.02 ppm in a range of bottle packaging under the Hexsoul brand. It is also involved in the wholesale of non-alcoholic beverages, such as fruit juices, juices, soft drinks, mineral and bottled water, and other similar products. The company was founded in 2009 and is based in Sleman, Indonesia.

Revenue & earnings trend

FY2021 – FY2024 · reported fiscal years

PT Mitra Tirta Buwana Tbk reported revenue of 3.6B IDR in FY2024 versus 4.0B IDR in FY2021, a compound −3.1%/yr. Reported net income was −4.0B IDR in FY2024.

Revenue −3.1%/yr
FY21 4.0B IDR
FY22 4.6B IDR
FY23 4.8B IDR
FY24 3.6B IDR
Net income
FY21 515M IDR
FY22 78.7M IDR
FY23 −3.3B IDR
FY24 −4.0B IDR

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Cite: Fair Value Calculator (2026). "PT Mitra Tirta Buwana Tbk Fair Value". https://www.fairvalue-calculator.com/stock/SOUL

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Frequently asked questions

Is PT Mitra Tirta Buwana Tbk (SOUL) undervalued?
As of Jul 16, 2026, our model estimates a fair value of 14.34 IDR versus a price of 37.00 IDR, about −61% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SOUL?
Our model-based fair value for PT Mitra Tirta Buwana Tbk is 14.34 IDR (as of Jul 16, 2026), built from audited fundamentals. The current price is 37.00 IDR.
What is the quality score of SOUL?
PT Mitra Tirta Buwana Tbk has a Quality Score of 32/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PT Mitra Tirta Buwana Tbk (SOUL)?
PT Mitra Tirta Buwana Tbk reported trailing-twelve-month revenue of about 3.6B IDR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of SOUL?
The net profit margin of PT Mitra Tirta Buwana Tbk is about -111.2%, 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.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.