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PT Totalindo Eka Persada Tbk (TOPS) Fair Value & Analysis

Industrials · ID · Market cap 33.3B IDR

PT PT Totalindo Eka Persada Tbk TOPS · JK
Price1.00 IDR
Fair Value57.90 IDR
Upside+5,690.0%
Quality89/100
Evidence: Low Range 43.43 IDR – 72.38 IDR

Fair value as of: Jun 24, 2026

From 4 valuation models · updated 5 days ago

Price vs Fair Value (12 months)

1.00 IDR 1.00 IDR Fair Value 57.90 IDR Jun 2025 Jun 2026

12‑month range 1.00 IDR – 1.00 IDR · fair‑value band 43.43 IDR – 72.38 IDR · the 1.00 IDR price screens below the 57.90 IDR fair value. As of Jun 24, 2026.

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Analysis

PT Totalindo Eka Persada Tbk (TOPS) currently trades at 1.00 IDR, while our model-based Fair Value estimate is 57.90 IDR — implying the stock looks roughly 5,690.0% undervalued today. We read business quality at 89/100 (high quality), in the Industrials 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: low) — always confirm before acting.

Trailing-twelve-month revenue stands at 109B IDR. It earns a return on equity of -51.1%. Net debt stands at 412B IDR. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 109B IDR
Revenue growth (YoY) -100%
Net margin -261%
Return on equity -51.1%
Free cash flow −15.5B IDR FY2023
Operating margin -18.7%
More key figures
EPS (TTM) -8.82 IDR
EPS growth (YoY) +548%
Net debt 412B IDR FY2023

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

PT Totalindo Eka Persada Tbk operates as a construction service and property development company in Indonesia. The company engages in the construction of apartments, hotels, malls, factories, hospitals, residential, infrastructure, dormitory, and commercial and office buildings. It also constructs landed houses, as well as education center, worship house, toll roads, flyovers, and bridges; and develops real estate properties. The company was founded in 1996 and is headquartered in Jakarta Selatan, Indonesia. PT Totalindo Eka Persada Tbk is a subsidiary of PT Totalindo Investama Persada.

Revenue & earnings trend

FY2019 – FY2023 · reported fiscal years

PT Totalindo Eka Persada Tbk reported revenue of 343B IDR in FY2023 versus 681B IDR in FY2019, a compound −15.7%/yr. Reported net income was −326B IDR in FY2023.

Revenue −15.7%/yr
FY19 681B IDR
FY20 320B IDR
FY21 606B IDR
FY22 762B IDR
FY23 343B IDR
Net income
FY19 −193B IDR
FY20 −135B IDR
FY21 −43.2B IDR
FY22 −143B IDR
FY23 −326B IDR

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Similar stocks

6 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

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China State Construction Engineering Corporation 601668 ¥4.74 ¥15.02 +217%
TopBuild Corp BLD 7,547 MXN 4,541 MXN -40%
Shandong Xinneng Taishan Power Generation Co 000720 130,300 KRW 55,602 KRW -57%
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Frequently asked questions

Is PT Totalindo Eka Persada Tbk (TOPS) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 57.90 IDR versus a price of 1.00 IDR — about +5690% (undervalued). Model-based estimate, not financial advice.
What is the fair value of TOPS?
Our 21-model fair value for PT Totalindo Eka Persada Tbk is 57.90 IDR (as of Jun 24, 2026), built from audited fundamentals. The current price is 1.00 IDR.
What is the quality score of TOPS?
PT Totalindo Eka Persada Tbk has a Quality Score of 89/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PT Totalindo Eka Persada Tbk (TOPS)?
PT Totalindo Eka Persada Tbk reported trailing-twelve-month revenue of about 109B IDR (latest available figure, as of Jun 24, 2026).

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.

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