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PT Solusi Tunas Pratama Tbk (SUPR) Fair Value & Analysis

Real Estate · ID · Market cap 49.9T IDR

PS PT Solusi Tunas Pratama Tbk SUPR · JK
Price43,850 IDR
Fair Value17,713 IDR
Upside-59.6%
Quality64/100
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Weak Growth
Highly profitable · 65.8% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/13)
Wide moat 75/100
Evidence: High Range 11,756 IDR – 22,467 IDR Share as image

Fair value as of: Jul 18, 2026

From 24 valuation models · updated 22 days ago

A solid business, but screening 60% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (22,467 IDR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (11,756 IDR to 22,467 IDR) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

70,975 IDR 4,250 IDR Fair Value 17,713 IDR Feb 2021 Jul 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 4,250 IDR – 70,975 IDR · fair‑value band 11,756 IDR – 22,467 IDR · the 43,850 IDR price screens above the 17,713 IDR fair value. Dashed = 300-day average. As of Jul 18, 2026.

Full chart & analysis →

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Analysis

PT Solusi Tunas Pratama Tbk (SUPR) currently trades at 43,850 IDR, while our model-based Fair Value estimate is 17,713 IDR, implying the stock looks roughly 59.6% overvalued today. The Quality Score stands at 64/100 (solid quality), in the Real Estate 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 Solusi Tunas Pratama Tbk generated revenue of 1.9T IDR at a net margin of 65.8%. Revenue declined 1.4% year over year. It earns a return on equity of 16.4%. Net debt stands at 1.5T IDR. Fundamentals as of Jul 18, 2026

Our scenario range runs from 11,756 IDR (bear case) to 22,467 IDR (bull case); at 43,850 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 near its 52-week high, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -9% fair-value upside, at -60%, SUPR 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 BearBaseBull Evidence
Highest evidence
Growth DCF 9,343 IDR 15,577 IDR 26,167 IDR 80
Rev-Margin DCF 5,332 IDR 7,984 IDR 11,199 IDR 74
ROIC Compounder 11,756 IDR 15,709 IDR 20,953 IDR 72
All 24 models by family
DCF Models
FCF DCF 9,228 IDR 15,484 IDR 25,962 IDR 38
Owner Earnings 10,299 IDR 17,283 IDR 28,982 IDR 31
5Y Revenue Exit 5,332 IDR 7,913 IDR 11,157 IDR 39
5Y EBITDA Exit 11,667 IDR 20,176 IDR 30,394 IDR 41
5Y P/E Exit 14,736 IDR 26,116 IDR 38,507 IDR 38
10Y Revenue Exit 6,460 IDR 9,242 IDR 12,959 IDR 36
10Y EBITDA Exit 10,765 IDR 18,116 IDR 28,473 IDR 37
10Y P/E Exit 12,793 IDR 22,415 IDR 35,015 IDR 35
Earnings-Based
Graham-Dodd 7,917 IDR 28,780 IDR 38,825 IDR 54
Lynch FV 6,838 IDR 9,769 IDR 12,699 IDR 50
PEG = 1.0 6,838 IDR 9,769 IDR 12,699 IDR 46
EPV 10,742 IDR 12,630 IDR 14,307 IDR 59
Multiples
P/E Multiple 19,211 IDR 25,615 IDR 32,019 IDR 63
P/S Multiple 4,409 IDR 5,879 IDR 7,348 IDR 58
P/B Multiple 14,845 IDR 19,794 IDR 24,742 IDR 55
EV/EBIT 14,307 IDR 19,062 IDR 23,816 IDR 53
EV/EBITDA 14,220 IDR 18,945 IDR 23,670 IDR 54
EV/Revenue 3,572 IDR 5,084 IDR 6,595 IDR 43
Asset-Based
NCAV (Graham) 3,526 IDR 4,725 IDR 7,052 IDR 50
Growth DCF
Growth DCF 9,343 IDR 15,577 IDR 26,167 IDR 80
Rev-Margin DCF 5,332 IDR 7,984 IDR 11,199 IDR 74
Economic Profit
Residual Income 7,998 IDR 10,535 IDR 35,310 IDR 61
ROIC Compounder 11,756 IDR 15,709 IDR 20,953 IDR 72
Growth Earnings
Growth-Adj P/E 13,299 IDR 18,999 IDR 24,699 IDR 68

Widest divergence: Growth Earnings (18,999 IDR) versus Asset-Based (4,725 IDR). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 1.9T IDR
Revenue growth (YoY) -1.4%
Net margin 65.8%
Return on equity 16.4%
Free cash flow 835B IDR FY2025
P/E ratio 46.3
More key figures
Operating margin 67.6%
EPS (TTM) 947.16 IDR
EPS growth (YoY) -22.4%
Net debt 1.5T IDR FY2025

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

Quality Score breakdown

Overall quality 64/100

Of which business quality 62 · Market factors (momentum, volatility) 56

Profitability 54
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 69
Earnings quality: real cash, not paper profit
Fin. Strength 67
Balance sheet, leverage, solvency risk
Investment 30
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 33
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 Solusi Tunas Pratama Tbk operates as an independent tower company in Indonesia. The company manages and leases base transceiver station towers. It also operates greenfield and rooftop towers, including four-legged supporting towers, three-legged self-supporting towers, camouflage towers, monopoles, and roof top towers, as well as mobile BTS.

Full company description

PT Solusi Tunas Pratama Tbk operates as an independent tower company in Indonesia. The company manages and leases base transceiver station towers. It also operates greenfield and rooftop towers, including four-legged supporting towers, three-legged self-supporting towers, camouflage towers, monopoles, and roof top towers, as well as mobile BTS. The company was founded in 2006 and is based in Kudus, Indonesia. PT Solusi Tunas Pratama Tbk operates as a subsidiary of PT Profesional Telekomunikasi Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Solusi Tunas Pratama Tbk reported revenue of 1.9T IDR in FY2025 versus 2.1T IDR in FY2021, a compound −2.1%/yr. Reported net income was 1.3T IDR in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.9T IDR
Latest YoY
+5.1%
Avg. growth/yr (3Y)
+0.4%
Avg. growth/yr (5Y)
−0.1%
Avg. growth/yr (17Y)
+25.7%
Revenue −2.1%/yr
FY21 2.1T IDR
FY22 1.9T IDR
FY23 1.9T IDR
FY24 1.8T IDR
FY25 1.9T IDR
Net income
FY21 −69.1B IDR
FY22 936B IDR
FY23 1.1T IDR
FY24 974B IDR
FY25 1.3T IDR

SUPR screens 60% overvalued. Compare with Vingroup Joint Stock Company →

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Cite: Fair Value Calculator (2026). "PT Solusi Tunas Pratama Tbk Fair Value". https://www.fairvalue-calculator.com/stock/SUPR

Peer Group

Real Estate Services · 521 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 −60% · Bottom 25%
Return on equity (TTM) 16% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 66% · Top 25%
Operating margin (TTM) 68% · Top 25%
Revenue growth -1% · Below median

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/E (TTM) 46.3× · Pricier than 75% of peers
P/B 6.22× · Pricier than 75% of peers
P/S (TTM) 26.20× · Pricier than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 32.4× · Pricier 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 37
FUTURE 0 · sector 10
PAST 66 · sector 16
HEALTH 100 · sector 85
DIVIDEND 0 · sector 49

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

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 Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Vingroup Joint Stock Company VIC 223,000 VND 25,731 VND -88%
KE Holdings 2423 HK$44.76 HK$18.03 -60%
Swire Properties Limited 1972 HK$23.90 HK$18.75 -22%
China Resources Mixc Lifestyle Services Limited 1209 HK$39.92 HK$34.92 -13%
Plaza S.A MALLPLAZA 3,725 CLP 5,571 CLP +50%
SAGAA SAGAA kr 170.00 kr 75.55 -56%
Cencosud Shopping S.A CENCOMALLS 2,324 CLP 2,976 CLP +28%
PT Sarana Menara Nusantara Tbk. owns and TOWR 372.00 IDR 1,208 IDR +225%
PT Metropolitan Kentjana Tbk MKPI 20,975 IDR 19,160 IDR -9%
PT Bangun Kosambi Sukses Tbk, CBDK 3,530 IDR 3,464 IDR -2%

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Frequently asked questions

Is PT Solusi Tunas Pratama Tbk (SUPR) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 17,713 IDR versus a price of 43,850 IDR, about −60% (overvalued).
What is the fair value of SUPR?
Our model-based fair value for PT Solusi Tunas Pratama Tbk is 17,713 IDR (as of Jul 18, 2026), built from audited fundamentals. The current price is 43,850 IDR.
What is the quality score of SUPR?
PT Solusi Tunas Pratama Tbk has a Quality Score of 64/100. 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 Solusi Tunas Pratama Tbk (SUPR)?
PT Solusi Tunas Pratama Tbk reported trailing-twelve-month revenue of about 1.9T IDR (latest available figure, as of Jul 18, 2026).
What is the net profit margin of SUPR?
The net profit margin of PT Solusi Tunas Pratama Tbk is about 65.8%, meaning it keeps roughly 65.8% 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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