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Jaya Swarasa Agung PT (TAYS) Fair Value & Analysis

Consumer Defensive · ID · Market cap 54.9B IDR (≈ $5.5M) · ISIN ID1000164601

What is Jaya Swarasa Agung PT really worth?

JS Jaya Swarasa Agung PT TAYS · JK
Price from Aug 24, 202650.00 IDR
Fair Value29.69 IDR
Upside−40.6%
Quality24/100

Below-average quality, and trading another 68% above our fair value of 29.69 IDR.

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Risks

!Weak Growth (revenue 5y −10.8 %/yr)
!Loss-making · -52.7% net margin
!Moderate debt · negative free cash flow
!Trails peers (3/9)
!Narrow moat 13/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range 22.15 IDR – 44.31 IDR

Fair value as of: Aug 25, 2026

From 1 valuation models · updated 7 days ago

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (44.31 IDR). The favourable scenario is already priced in.
  • Weak quality (24/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (22.15 IDR to 44.31 IDR) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

745.00 IDR 50.00 IDR Fair Value 29.69 IDR Dec 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 25, 2026.

How to read this chart

57‑month range 50.00 IDR – 745.00 IDR · fair‑value band 22.15 IDR – 44.31 IDR · the 50.00 IDR price screens above the 29.69 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 25, 2026.

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Analysis

Jaya Swarasa Agung PT (TAYS) currently trades at 50.00 IDR, while our model-based Fair Value estimate is 29.69 IDR, implying the stock looks roughly 68.4% overvalued today. The Quality Score stands at 24/100 (below-average quality), in the Consumer Defensive sector. How firm this estimate is: it rests on 1 models at a data quality of 91/100, which puts the evidence level at low.

Over the trailing twelve months, Jaya Swarasa Agung PT generated revenue of 114B IDR at a net margin of −52.7%. Revenue grew 35.1% year over year. It earns a return on equity of −81.1%. Net debt stands at 213B IDR. Fundamentals as of Aug 25, 2026

Our scenario range runs from 22.15 IDR (bear case) to 44.31 IDR (bull case); at 50.00 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 53% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at −25% fair-value upside, at −41%, TAYS screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2024 figures, and about 12 months have passed since. In that time the company retained roughly 5.99 IDR per share, which is 20.2 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
NCAV (Graham) best evidence 26.07 IDR 34.93 IDR 52.14 IDR 54
All 1 models by family
Asset-Based
NCAV (Graham) best evidence 26.07 IDR 34.93 IDR 52.14 IDR 54

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Key figures & financial health

P/E ratio 8.3
P/S ratio 0.48 TTM
EPS (TTM) 5.99 IDR price ÷ EPS = P/E 8.3
Net margin −40.5% FY2024
Return on equity −81.1% TTM
Return on assets (EBIT) 0.8% avg 5y
More key figures
Profitability
Operating margin 11.7% TTM
Growth
Revenue (TTM) 114B IDR TTM
Revenue growth (YoY) +35.1% 3y avg −19.1%
EPS growth (YoY) +19.5%
Balance sheet & cash flow
Free cash flow −28.1B IDR FY2024
Net debt 213B IDR FY2024

Figures from reported company fundamentals · as of Aug 25, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 24/100

Of which business quality 23 · Market factors (momentum, volatility) 23

Profitability 9
Margins and returns on capital today
Quality Growth 0
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 21
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 8
Distance to the 52-week high (market factor)
Net Issuance 42
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

PT Jaya Swarasa Agung Tbk, together with its subsidiaries, provides snack food products in Indonesia. The company offers wafer rolls under the Miniro, Wasuka, and Nitchi Wafer Stick brands; crisps under the Tricks Crisps and Tiles Potato Crackers brands; chocolates under the Nitchi Paste and Nitchi Sprinkle brand names; and ekstrudat under the Doomoe Corn …

Full company description

PT Jaya Swarasa Agung Tbk, together with its subsidiaries, provides snack food products in Indonesia. The company offers wafer rolls under the Miniro, Wasuka, and Nitchi Wafer Stick brands; crisps under the Tricks Crisps and Tiles Potato Crackers brands; chocolates under the Nitchi Paste and Nitchi Sprinkle brand names; and ekstrudat under the Doomoe Corn brand. It also provides biscuits, crackers, confectionery, and extruded puffs; and engages in trading activities. It exports its products to ASEAN countries, China, Taiwan, Australia, the Middle East, and the United States. PT Jaya Swarasa Agung Tbk was founded in 1998 and is based in Tangerang, Indonesia.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Jaya Swarasa Agung PT reported revenue of 167B IDR in FY2024 versus 308B IDR in FY2020, a compound −14.2%/yr. Reported net income was −67.9B IDR in FY2024.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2024)
167B IDR
Latest YoY
−34.5%
Avg. revenue 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.
−19.1%
Avg. revenue 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.
−10.8%
Avg. revenue growth/yr (6Y) 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.
−1.1%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2024 is a loss year, no rate is defined from a loss
not computed
Revenue −14.2%/yr
FY20 308B IDR
FY21 316B IDR
FY22 332B IDR
FY23 256B IDR
FY24 167B IDR
Net income
FY20 3.1B IDR
FY21 4.9B IDR
FY22 7.7B IDR
FY23 −19.5B IDR
FY24 −67.9B IDR

TAYS screens 68% overvalued. Compare with Nestlé S.A →

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Cite: Fair Value Calculator (2026). "Jaya Swarasa Agung PT Fair Value". https://www.fairvalue-calculator.com/stock/TAYS

Peer Group

Packaged Foods · 670 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 23 · Bottom 25%
Fair Value upside −41% · Bottom 25%
Return on assets −4% · Bottom 25%
Net margin (TTM) −53% · Bottom 25%
Operating margin (TTM) 12% · Top 25%
Revenue growth 35% · Top 25%
Debt / equity 0.57× · Higher than 75% of peers

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 8.3× · Cheaper than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 24
FUTURE100 · sector 20
PAST0 · sector 27
HEALTH72 · sector 96
DIVIDEND0 · sector 54

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

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Aug 25, 2026).

Stock Price Fair Value vs Fair Value
Nestlé S.A NESN CHF 78.62 CHF 57.26 −27%
Danone S.A BN €64.28 €48.41 −25%
Nestlé India Limited NESTLEIND ₹1,478 ₹251.94 −83%
The Kraft Heinz Company KHC $25.13 $24.59 −2%
Foshan Haitian Flavouring and Food Company 603288 ¥35.05 ¥21.93 −37%
Inner Mongolia Yili Industrial Group 600887 ¥25.51 ¥32.50 +27%
Yihai Kerry Arawana Holdings 300999 ¥25.28 ¥9.89 −61%
General Mills, Inc GIS $40.44 $28.32 −30%
Wilmar International Limited F34 3.64 SGD 3.89 SGD +7%
McCormick & Company MKCV $55.65 $43.29 −22%

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Frequently asked questions

Is Jaya Swarasa Agung PT (TAYS) overvalued or undervalued?
As of Aug 25, 2026, our model estimates a fair value of 29.69 IDR versus the last price from Aug 24, 2026 of 50.00 IDR, about −41% upside (overvalued).
What is the fair value of TAYS?
Our model-based fair value for Jaya Swarasa Agung PT is 29.69 IDR (as of Aug 25, 2026), built from audited fundamentals. Last price (from Aug 24, 2026): 50.00 IDR.
What is the quality score of TAYS?
Jaya Swarasa Agung PT has a Quality Score of 24/100. 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 Jaya Swarasa Agung PT (TAYS)?
Jaya Swarasa Agung PT reported trailing-twelve-month revenue of about 114B IDR (latest available figure, as of Aug 25, 2026).
What is the net profit margin of TAYS?
The net profit margin of Jaya Swarasa Agung PT is about −52.7%, meaning it is currently running at a net loss. Based on the latest reported figures.
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