Indofood Sukses Makmur Tbk PT
IDX:INDF

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Indofood Sukses Makmur Tbk PT Logo
Indofood Sukses Makmur Tbk PT
IDX:INDF
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Price: 6 875 IDR -1.43% Market Closed
Market Cap: Rp60.4T

P/B

0.8
Current
16%
Cheaper
vs 3-y average of 1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.8
=
Market Cap
Rp55.8T
/
Total Equity
Rp73.1T

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.8
=
Market Cap
Rp55.8T
/
Total Equity
Rp73.1T

Valuation Scenarios

Indofood Sukses Makmur Tbk PT is trading below its 3-year average

If P/B returns to its 3-Year Average (1), the stock would be worth Rp8 155.72 (19% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+128%
Average Upside
68%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.8 Rp6 875
0%
3-Year Average 1 Rp8 155.72
+19%
5-Year Average 1 Rp8 684.22
+26%
Industry Average 1.8 Rp15 680.2
+128%
Country Average 1.6 Rp13 613.99
+98%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
ID
Indofood Sukses Makmur Tbk PT
IDX:INDF
60.4T IDR 0.8 5.5
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 77 420.4 540 752.8
CH
Nestle SA
SIX:NESN
205.8B CHF 6.4 23.2
US
Mondelez International Inc
NASDAQ:MDLZ
73.8B USD 2.9 30.1
FR
Danone SA
PAR:BN
43.3B EUR 2.6 23.8
ZA
Tiger Brands Ltd
JSE:TBS
48.7B ZAR 2.9 12.8
US
Hershey Co
NYSE:HSY
38.8B USD 8.4 44
CN
Muyuan Foods Co Ltd
SZSE:002714
237.6B CNY 3.1 24.3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
231.2B CNY 5.6 32.8
ZA
Avi Ltd
JSE:AVI
32.7B ZAR 5.9 12.7
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.8B CHF 4.8 32.4

Market Distribution

Lower than 74% of companies in Indonesia
Percentile
26th
Based on 852 companies
26th percentile
0.8
Low
0 — 0.9
Typical Range
0.9 — 2.9
High
2.9 —
Distribution Statistics
Indonesia
Min 0
30th Percentile 0.9
Median 1.6
70th Percentile 2.9
Max 652 108.7

Indofood Sukses Makmur Tbk PT
Glance View

Market Cap
60.4T IDR
Industry
Food Products

Amidst the bustling streets of Jakarta, Indofood Sukses Makmur Tbk PT stands as a testament to Indonesia's flourishing agro-industrial landscape. Founded in 1990, this once-modest noodle producer has transformed into a diversified food giant, commanding a vast portfolio of products that tap into the everyday lives of millions. Indofood's growth is rooted in its vertically integrated business model, which spans from the cultivation of raw materials to the production of consumer-ready goods. This model not only ensures quality control across the supply chain but also cushions the company against volatile raw material prices. Their diverse product range, from instant noodles—a staple in many households—to dairy and snack foods, amplifies their resilience and adaptability in a dynamic market. The company's ability to generate revenue thrives on its strategic adaptability and market presence. Indofood is a master at understanding the local palate, with its famed Indomie instant noodles capturing taste buds far and wide, even reaching international markets. Through its Distribution Group, the company's expansive network helps ensure that products are accessible across Indonesia’s archipelago, reaching even the most remote islands. Complementing its robust domestic operations, Indofood also taps into global markets, leveraging strategic partnerships and acquisitions to enhance its export capabilities. With its unyielding focus on operational efficiency and market penetration, Indofood continually innovates, both in product offerings and marketing strategies, to maintain its leadership in Indonesia’s large consumer market.

INDF Intrinsic Value
14 232.75 IDR
Undervaluation 52%
Intrinsic Value
Price Rp6 875
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