Multi Bintang Indonesia Tbk PT
IDX:MLBI

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Multi Bintang Indonesia Tbk PT Logo
Multi Bintang Indonesia Tbk PT
IDX:MLBI
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Price: 5 850 IDR 0.43% Market Closed
Market Cap: 12.3T IDR

DCF Value

This DCF valuation model was created by Alpha Spread and was last updated on Nov 24, 2025.

Estimated DCF Value of one MLBI stock is 9 383.6 IDR. Compared to the current market price of 5 850 IDR, the stock is Undervalued by 38%.

MLBI DCF Value
Base Case
9 383.6 IDR
Undervaluation 38%
DCF Value
Price
Worst Case
Base Case
Best Case
DCF Value: 9 383.6 IDR

Present Value Calculation

This block is the starting point of the DCF valuation process. It calculates the present value of a company's forecasted cash flows based on selected operating model. Adjust key parameters like discount rate and terminal growth, and alter inputs such as revenue growth and margins to see their impact on valuation.

DCF Model
Base Case Scenario

The present value of cash flows over the next 5 years amounts to 6.3T IDR. The present value of the terminal value is 12.7T IDR. The total present value equals 19T IDR.
Forecast Period
Years
Discount Rate
%
Terminal Growth
%
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DCF Model
Year 1

forecasted

Year 2

forecasted

Year 3

forecasted

Year 4

forecasted

Year 5

forecasted

Terminal

forecasted

Operating Income
Revenue4 0284 4944 9095 2495 4925 619
Absolute Value
Growth
Operating Margin41.34%41.06%40.88%40.68%40.48%40.29%
Absolute Value
Operating Income1 6651 8452 0072 1352 2232 264
Net Operating Profit After Taxes
Taxes-244-284-323-359-390-413
Absolute Value
As % of Operating Income
NOPAT1 4221 5611 6841 7761 8331 850
Free Cash Flow to Firm
FCFF1 4221 5611 6841 7761 8331 850
Present Value
Discount Rate9.33%9.33%9.33%9.33%9.33%9.33%
Present Value1 3001 3061 2881 2431 17412 694
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DCF Value Calculation

This stage translates the present value into DCF value per share. For firm valuation models, it adjusts present value for debt and assets to derive equity value (skipped if using equity valuation model). Finally, this equity value is divided by the number of shares to determine the DCF value per share.

Present Value to DCF Value
Capital Structure

Present Value 19T IDR
+ Cash & Equivalents 865.3B IDR
+ Investments 1.3B IDR
Firm Value 19.9T IDR
- Debt 100.5B IDR
- Minority Interest 521m IDR
Equity Value 19.8T IDR
/ Shares Outstanding 2.1B
MLBI DCF Value 9 383.6 IDR
Undervalued by 38%

Valuation Analysis

Sensitivity Analysis
DCF Value Sensitivity Analysis

Sensitivity Analysis assesses how changes in key factors like revenue growth, margin, and discount rate affect a stock's DCF value. By visualizing various scenarios, from significant downturns to optimistic growth, this tool helps you understand potential valuation shifts, aiding in risk assessment and strategic decision-making.

DCF Financials
Financials used in DCF Calculation

Revenue
4T 5.6T
Operating Income
1.7T 2.3T
FCFF
1.4T 1.9T

What is the DCF value of one MLBI stock?

Estimated DCF Value of one MLBI stock is 9 383.6 IDR. Compared to the current market price of 5 850 IDR, the stock is Undervalued by 38%.

The true DCF Value lies somewhere between the worst-case and best-case scenario values. This is because the future is not predetermined, and the stock's DCF Value is based almost entirely on the future of the company. Knowing the full range of possible stock DCF values gives a complete picture of the investment risks and opportunities.

How was the DCF Value calculated?

1. Present Value Calculation. Utilizing the DCF operating model, Multi Bintang Indonesia Tbk PT's future cash flows are projected and then discounted using a chosen discount rate to determine its Present Value, which is calculated at 19T IDR.

2. DCF Value Calculation. The company's capital structure is employed to derive the total Equity Value from the previously calculated Present Value of the cash flow. This Equity Value, when divided by the total number of outstanding shares, yields the DCF Value of 9 383.6 IDR per share.

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