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PT WIR ASIA Tbk, (WIRG) Fair Value & Analysis

Technology · ID · Market cap 633B IDR

PW PT WIR ASIA Tbk, WIRG · JK
Price63.00 IDR
Fair Value177.22 IDR
Upside+181.3%
Quality55/100
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Expensive Growth
Thin margins · 3.0% net margin
Low debt · generates free cash flow
Ranks above peers (8/13)
Narrow moat 38/100
Evidence: Medium Range 124.64 IDR – 214.74 IDR Share as image

Fair value as of: Aug 13, 2026

From 23 valuation models · updated today

Fair value updated Aug 13, 2026, revised from 217.18 IDR to 177.22 IDR (−18.4%) since Jul 18, 2026. Share price +21.2% over the past month.

A solid business, screening 181% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (124.64 IDR). The market is more pessimistic than our downside scenario.
  • Solid quality (55/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (4 years)

1,365 IDR 50.00 IDR Fair Value 177.22 IDR Apr 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

52‑month range 50.00 IDR – 1,365 IDR · fair‑value band 124.64 IDR – 214.74 IDR · the 63.00 IDR price screens below the 177.22 IDR fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

PT WIR ASIA Tbk, (WIRG) currently trades at 63.00 IDR, while our model-based Fair Value estimate is 177.22 IDR, implying the stock looks roughly 181.3% undervalued today. The Quality Score stands at 55/100 (solid quality), in the Technology 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: medium), always confirm before acting.

Over the trailing twelve months, PT WIR ASIA Tbk, generated revenue of 2.5T IDR at a net margin of 3.0%. Revenue declined 24.4% year over year. It earns a return on equity of 8.2%. Net debt stands at 61.2B IDR. Fundamentals as of Aug 13, 2026

Our scenario range runs from 124.64 IDR (bear case) to 214.74 IDR (bull case); at 63.00 IDR, the current price sits below 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 74% below its 52-week high and 26% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at 0% fair-value upside, at 181%, WIRG screens cheaper 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 5.31 IDR 10.87 IDR 20.21 IDR 80
ROIC Compounder 158.72 IDR 243.86 IDR 310.77 IDR 72
Growth-Adj P/E 217.06 IDR 310.08 IDR 403.11 IDR 68
All 23 models by family
DCF Models
FCF DCF 5.63 IDR 8.96 IDR 19.85 IDR 38
Owner Earnings 245.00 IDR 573.82 IDR 1,295 IDR 31
5Y Revenue Exit 104.86 IDR 210.71 IDR 434.72 IDR 39
5Y EBITDA Exit 234.19 IDR 472.32 IDR 941.56 IDR 41
5Y P/E Exit 101.15 IDR 258.02 IDR 477.37 IDR 38
10Y Revenue Exit 73.89 IDR 231.56 IDR 353.71 IDR 36
10Y EBITDA Exit 176.35 IDR 516.62 IDR 1,150 IDR 37
10Y P/E Exit 77.05 IDR 223.39 IDR 477.18 IDR 35
Earnings-Based
Graham-Dodd 41.72 IDR 290.96 IDR 408.31 IDR 54
Lynch FV 150.32 IDR 214.74 IDR 279.16 IDR 50
PEG = 1.0 150.32 IDR 214.74 IDR 279.16 IDR 46
EPV 113.53 IDR 133.53 IDR 151.31 IDR 59
Multiples
P/E Multiple 128.84 IDR 171.79 IDR 214.74 IDR 63
P/S Multiple 78.23 IDR 104.30 IDR 130.38 IDR 58
P/B Multiple 78.23 IDR 104.30 IDR 130.38 IDR 55
EV/EBIT 246.91 IDR 329.16 IDR 411.40 IDR 53
EV/EBITDA 301.23 IDR 401.58 IDR 501.93 IDR 54
EV/Revenue 124.92 IDR 178.38 IDR 231.84 IDR 43
Asset-Based
NCAV (Graham) 34.31 IDR 45.98 IDR 68.63 IDR 50
Growth DCF
Growth DCF 5.31 IDR 10.87 IDR 20.21 IDR 80
Economic Profit
Residual Income 59.57 IDR 65.43 IDR 99.54 IDR 61
ROIC Compounder 158.72 IDR 243.86 IDR 310.77 IDR 72
Growth Earnings
Growth-Adj P/E 217.06 IDR 310.08 IDR 403.11 IDR 68

Widest divergence: Growth Earnings (310.08 IDR) versus Growth DCF (10.87 IDR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 2.5T IDR
Revenue growth (YoY) -24.4%
Net margin 3.0%
Return on equity 8.2%
Free cash flow 3.6B IDR FY2025
P/E ratio 9.9
More key figures
Operating margin 8.7%
EPS (TTM) 6.39 IDR
EPS growth (YoY) +12.3%
Net debt 61.2B IDR FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 56 · Market factors (momentum, volatility) 21

Profitability 47
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 76
Balance sheet, leverage, solvency risk
Investment 48
Disciplined investing over empire-building
Low Volatility 43
Calm price path (market factor)
Momentum 16
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 90
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 WIR ASIA Tbk, together with its subsidiaries, provides digital reality technology development services in Indonesia and internationally.

Full company description

PT WIR ASIA Tbk, together with its subsidiaries, provides digital reality technology development services in Indonesia and internationally. The company operates through: Promotion and Advertising via an Interactive Platform; Software Application Development; Brand and IT Consulting; Goods Sales via an Interactive Platform; Digital Product Sales via an Interactive Platform; and Transaction Commission via Inter Platform segment. Its services include augmented reality, Virtual Reality, and Artificial Intelligence based technology solutions, interactive platform services, and a brand consultancy service. PT WIR ASIA Tbk was founded in 2009 and is based in Jakarta, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT WIR ASIA Tbk, reported revenue of 2.7T IDR in FY2025 versus 606B IDR in FY2021, a compound +45.0%/yr. Reported net income was 73.2B IDR in FY2025, compounding +34.8%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.7T IDR
Latest YoY
+2.9%
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.
+16.5%
Avg. 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.
+43.6%
Avg. growth/yr (7Y) 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.
+54.6%
Revenue +45.0%/yr
FY21 606B IDR
FY22 1.7T IDR
FY23 2.5T IDR
FY24 2.6T IDR
FY25 2.7T IDR
Net income +34.8%/yr
FY21 22.2B IDR
FY22 41.4B IDR
FY23 69.0B IDR
FY24 73.9B IDR
FY25 73.2B IDR

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Cite: Fair Value Calculator (2026). "PT WIR ASIA Tbk, Fair Value". https://www.fairvalue-calculator.com/stock/WIRG

Peer Group

Information Technology Services · 488 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 55 · Below median
Fair Value upside +181% · Top 25%
Return on equity (TTM) 8% · Below median
Return on assets 5% · Above median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 9% · Above median
Revenue growth -24% · Bottom 25%
Debt / equity 0.09× · Higher than median

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/E (TTM) 9.9× · Cheaper than 75% of peers
P/B 0.77× · Cheaper than median
P/S (TTM) 0.25× · Cheaper than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 4.2× · 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 100 · sector 33
FUTURE 0 · sector 31
PAST 33 · sector 35
HEALTH 96 · sector 97
DIVIDEND 0 · sector 36

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.98 $175.76 -26%
Accenture plc ACNN 2,460 MXN 300.07 MXN -88%
Tata Consultancy Services Limited TCS ₹2,350 ₹3,473 +48%
Infosys Limited INFY ₹1,176 ₹1,998 +70%
HCL Technologies Limited HCLTECH ₹1,365 ₹1,722 +26%
Wipro Limited WIPRO ₹183.94 ₹314.26 +71%
Tech Mahindra Limited TECHM ₹1,625 ₹1,521 -6%
Samsung SDS Co 018260 235,500 KRW 235,321 KRW -0%
Persistent Systems Limited PERSISTENT ₹5,474 ₹3,259 -40%
Hyundai Autoever Corporation 307950 433,000 KRW 186,323 KRW -57%

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Frequently asked questions

Is PT WIR ASIA Tbk, (WIRG) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 177.22 IDR versus a price of 63.00 IDR, about +181% (undervalued).
What is the fair value of WIRG?
Our model-based fair value for PT WIR ASIA Tbk, is 177.22 IDR (as of Aug 13, 2026), built from audited fundamentals. The current price is 63.00 IDR.
What is the quality score of WIRG?
PT WIR ASIA Tbk, has a Quality Score of 55/100. 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 WIR ASIA Tbk, (WIRG)?
PT WIR ASIA Tbk, reported trailing-twelve-month revenue of about 2.5T IDR (latest available figure, as of Aug 13, 2026).
What is the net profit margin of WIRG?
The net profit margin of PT WIR ASIA Tbk, is about 3.0%, meaning it keeps roughly 3.0% 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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