Ultrajaya Milk Industry Tbk PT
IDX:ULTJ

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Ultrajaya Milk Industry Tbk PT Logo
Ultrajaya Milk Industry Tbk PT
IDX:ULTJ
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Price: 1 620 IDR -0.31% Market Closed
Market Cap: Rp16.8T

P/OCF

9.9
Current
24%
Cheaper
vs 3-y average of 13.1

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
9.9
=
Market Cap
Rp16.4T
/
Operating Cash Flow
Rp1.7T

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
9.9
=
Market Cap
Rp16.4T
/
Operating Cash Flow
Rp1.7T

Valuation Scenarios

Ultrajaya Milk Industry Tbk PT is trading below its 3-year average

If P/OCF returns to its 3-Year Average (13.1), the stock would be worth Rp2 139.52 (32% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-26%
Maximum Upside
+32%
Average Upside
4%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 9.9 Rp1 620
0%
3-Year Average 13.1 Rp2 139.52
+32%
5-Year Average 12.8 Rp2 087.88
+29%
Industry Average 7.4 Rp1 205.86
-26%
Country Average 7.9 Rp1 293.03
-20%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
ID
Ultrajaya Milk Industry Tbk PT
IDX:ULTJ
16.9T IDR 9.9 12.4
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 324 863.9 540 752.8
CH
Nestle SA
SIX:NESN
207B CHF 13 23
US
Mondelez International Inc
NASDAQ:MDLZ
73.6B USD 16.6 30.5
FR
Danone SA
PAR:BN
42.6B EUR 11.4 23.8
ZA
Tiger Brands Ltd
JSE:TBS
48.6B ZAR 21.3 12.7
US
Hershey Co
NYSE:HSY
37.8B USD 16.7 43.1
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
232.8B CNY 30 33.1
CN
Muyuan Foods Co Ltd
SZSE:002714
230.9B CNY 10.7 23.6
ZA
Avi Ltd
JSE:AVI
33.1B ZAR 10.8 12.8
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.2B CHF 44.3 31.7

Market Distribution

In line with most companies in Indonesia
Percentile
55th
Based on 733 companies
55th percentile
9.9
Low
0 — 5.1
Typical Range
5.1 — 16.8
High
16.8 —
Distribution Statistics
Indonesia
Min 0
30th Percentile 5.1
Median 7.9
70th Percentile 16.8
Max 294 565.7

Ultrajaya Milk Industry Tbk PT
Glance View

Nestled in the bustling Indonesian city of Bandung, Ultrajaya Milk Industry Tbk PT has carved a niche as a leading player in the dairy and beverage segment. Founded in 1958, the company initially embarked on its journey focusing on milk production, gradually expanding its product portfolio to include a variety of beverages such as tea and fruit juices. The company’s strategic embrace of Ultra High Temperature (UHT) processing established it as a pioneer in the Indonesian dairy market, allowing it to deliver milk with longer shelf life without the need for preservatives. This innovation not only broadened its consumer reach but also catered to Indonesia's expansive archipelago, where logistics and distribution challenges can stifle growth potential. Ultrajaya's path to profitability is tightly intertwined with its robust distribution networks and aggressive marketing strategies. By leveraging state-of-the-art technology in its manufacturing processes, the company continuously ensures the quality and safety of its diverse product lines, garnering consumer trust and loyalty. Additionally, the company’s partnerships with established retailers and its focus on capturing growing demands in both urban and rural areas have solidified its market presence. The astute ability to adapt to consumer preferences and an unwavering commitment to quality have enabled Ultrajaya to flourish in a highly competitive industry, translating consumer trust into steady revenue streams.

ULTJ Intrinsic Value
1 696.05 IDR
Undervaluation 4%
Intrinsic Value
Price Rp1 620
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