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PT Soraya Berjaya Indonesia Tbk (SPRE) Fair Value & Analysis

Consumer Cyclical · ID · Market cap 67.2B IDR

PS PT Soraya Berjaya Indonesia Tbk SPRE · JK
Price87.00 IDR
Fair Value45.50 IDR
Upside-47.7%
Quality43/100
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Healthy Growth
Thin margins · 3.2% net margin
Low debt · generates free cash flow
Mixed vs. peers (4/9)
Narrow moat 32/100
Evidence: High Range 34.12 IDR – 56.87 IDR Share as image

Fair value as of: Jul 19, 2026

From 24 valuation models · updated 22 days ago

Fair value updated Jul 19, 2026, revised from 45.88 IDR to 45.50 IDR (−0.8%) since Jun 24, 2026. Share price +8.8% over the past month.

Below-average quality, and screening another 48% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (56.87 IDR). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (2 years)

388.00 IDR 60.00 IDR Fair Value 45.50 IDR Jul 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

25‑month range 60.00 IDR – 388.00 IDR · fair‑value band 34.12 IDR – 56.87 IDR · the 87.00 IDR price screens above the 45.50 IDR fair value. Dashed = 300-day average. As of Jul 19, 2026.

Full chart & analysis →

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Analysis

PT Soraya Berjaya Indonesia Tbk (SPRE) currently trades at 87.00 IDR, while our model-based Fair Value estimate is 45.50 IDR, implying the stock looks roughly 47.7% overvalued today. The Quality Score stands at 43/100 (below-average quality), in the Consumer Cyclical 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 Soraya Berjaya Indonesia Tbk generated revenue of 47.8B IDR at a net margin of 3.2%. Revenue declined 3.6% year over year. It earns a return on equity of 3.1%. Net debt stands at 1.1B IDR. Fundamentals as of Jul 19, 2026

Our scenario range runs from 34.12 IDR (bear case) to 56.87 IDR (bull case); at 87.00 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 76% below its 52-week high and 47% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 16% fair-value upside, at -48%, SPRE 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 25.54 IDR 48.69 IDR 86.62 IDR 80
Rev-Margin DCF 40.09 IDR 74.55 IDR 146.31 IDR 74
ROIC Compounder 28.58 IDR 33.00 IDR 36.87 IDR 72
All 24 models by family
DCF Models
FCF DCF 27.02 IDR 41.36 IDR 86.99 IDR 38
Owner Earnings 55.99 IDR 124.82 IDR 269.30 IDR 31
5Y Revenue Exit 36.27 IDR 65.49 IDR 127.00 IDR 39
5Y EBITDA Exit 49.38 IDR 92.00 IDR 175.81 IDR 41
5Y P/E Exit 37.22 IDR 84.24 IDR 148.92 IDR 38
10Y Revenue Exit 32.70 IDR 79.08 IDR 111.62 IDR 36
10Y EBITDA Exit 43.81 IDR 107.31 IDR 221.95 IDR 37
10Y P/E Exit 34.94 IDR 81.13 IDR 158.50 IDR 35
Earnings-Based
Graham-Dodd 15.47 IDR 107.88 IDR 151.39 IDR 54
Lynch FV 55.73 IDR 79.62 IDR 103.50 IDR 50
PEG = 1.0 55.73 IDR 79.62 IDR 103.50 IDR 46
EPV 28.58 IDR 33.00 IDR 36.87 IDR 59
Multiples
P/E Multiple 37.53 IDR 50.05 IDR 62.56 IDR 63
P/S Multiple 29.00 IDR 38.67 IDR 48.34 IDR 58
P/B Multiple 29.00 IDR 38.67 IDR 48.34 IDR 55
EV/EBIT 52.26 IDR 69.00 IDR 85.74 IDR 53
EV/EBITDA 55.66 IDR 73.54 IDR 91.42 IDR 54
EV/Revenue 35.89 IDR 50.40 IDR 64.91 IDR 43
Asset-Based
NCAV (Graham) 31.09 IDR 41.66 IDR 62.18 IDR 50
Growth DCF
Growth DCF 25.54 IDR 48.69 IDR 86.62 IDR 80
Rev-Margin DCF 40.09 IDR 74.55 IDR 146.31 IDR 74
Economic Profit
Residual Income 45.88 IDR 45.11 IDR 39.74 IDR 61
ROIC Compounder 28.58 IDR 33.00 IDR 36.87 IDR 72
Growth Earnings
Growth-Adj P/E 73.98 IDR 105.69 IDR 137.39 IDR 68

Widest divergence: Growth Earnings (105.69 IDR) versus Economic Profit (33.00 IDR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 47.8B IDR
Revenue growth (YoY) -3.6%
Net margin 3.2%
Return on equity 3.1%
Free cash flow 1.2B IDR FY2025
Operating margin 3.4%
More key figures
EPS growth (YoY) -59.8%
Net debt 1.1B IDR FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 47 · Market factors (momentum, volatility) 31

Profitability 40
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 31
Earnings quality: real cash, not paper profit
Fin. Strength 76
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 20
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 Soraya Berjaya Indonesia Tbk provides bedroom solutions in Indonesia. The company offers bed covers and sheets, bed lines, body pillows and bolsters, and household accessories under the Soraya Bed Sheet brand name. It also sells its products through stores, as well as online.

Full company description

PT Soraya Berjaya Indonesia Tbk provides bedroom solutions in Indonesia. The company offers bed covers and sheets, bed lines, body pillows and bolsters, and household accessories under the Soraya Bed Sheet brand name. It also sells its products through stores, as well as online. PT Soraya Berjaya Indonesia Tbk was founded in 2001 and is headquartered in Padang, Indonesia.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

PT Soraya Berjaya Indonesia Tbk reported revenue of 48.2B IDR in FY2025 versus 9.0B IDR in FY2022, a compound +75.2%/yr. Reported net income was 1.8B IDR in FY2025, compounding +26.1%/yr from FY2022.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
48.2B IDR
Latest YoY
+8.0%
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.
+75.2%
Revenue +75.2%/yr
FY22 9.0B IDR
FY23 49.1B IDR
FY24 44.6B IDR
FY25 48.2B IDR
Net income +26.1%/yr
FY22 907M IDR
FY23 2.9B IDR
FY24 2.5B IDR
FY25 1.8B IDR

SPRE screens 48% overvalued. Compare with Midea Group →

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Cite: Fair Value Calculator (2026). "PT Soraya Berjaya Indonesia Tbk Fair Value". https://www.fairvalue-calculator.com/stock/SPRE

Peer Group

Furnishings, Fixtures & Appliances · 311 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 43 · Bottom 25%
Fair Value upside −48% · Below median
Return on equity (TTM) 3% · Below median
Return on assets 3% · Above median
Net margin (TTM) 3% · Above median
Operating margin (TTM) 3% · Below median
Revenue growth -4% · Below median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Furnishings, Fixtures & Appliances 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 22
FUTURE 0 · sector 0
PAST 12 · sector 19
HEALTH 99 · sector 97
DIVIDEND 0 · sector 55

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 Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Midea Group 000333 ¥82.71 ¥107.22 +30%
Gree Electric Appliances, Inc 000651 ¥38.25 ¥88.02 +130%
Haier Smart Home Co 600690 ¥21.46 ¥36.04 +68%
King Slide Works Co 2059 8,655 TWD 1,917 TWD -78%
Guangdong Songfa Ceramics Co 603268 ¥155.59 ¥38.95 -75%
SharkNinja, Inc SN $154.53 $89.07 -42%
Hisense Home Appliances Group 000921 ¥26.33 ¥48.03 +82%
Zhejiang Supor Co 002032 ¥43.85 ¥44.84 +2%
Ecovacs Robotics Co 603486 ¥58.97 ¥54.14 -8%
COWAY Co 021240 96,700 KRW 112,530 KRW +16%

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Frequently asked questions

Is PT Soraya Berjaya Indonesia Tbk (SPRE) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 45.50 IDR versus a price of 87.00 IDR, about −48% (overvalued).
What is the fair value of SPRE?
Our model-based fair value for PT Soraya Berjaya Indonesia Tbk is 45.50 IDR (as of Jul 19, 2026), built from audited fundamentals. The current price is 87.00 IDR.
What is the quality score of SPRE?
PT Soraya Berjaya Indonesia Tbk has a Quality Score of 43/100. 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 Soraya Berjaya Indonesia Tbk (SPRE)?
PT Soraya Berjaya Indonesia Tbk reported trailing-twelve-month revenue of about 47.8B IDR (latest available figure, as of Jul 19, 2026).
What is the net profit margin of SPRE?
The net profit margin of PT Soraya Berjaya Indonesia Tbk is about 3.2%, meaning it keeps roughly 3.2% 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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