PT Charoen Pokphand Indonesia Tbk

IDX:CPIN Stock Report

Market Cap: Rp77.1t

Charoen Pokphand Indonesia Valuation

Is CPIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CPIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CPIN (IDR4700) is trading above our estimate of fair value (IDR1920.26)

Significantly Below Fair Value: CPIN is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CPIN?

Key metric: As CPIN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CPIN. This is calculated by dividing CPIN's market cap by their current earnings.
What is CPIN's PE Ratio?
PE Ratio38x
EarningsRp2.03t
Market CapRp77.07t

Price to Earnings Ratio vs Peers

How does CPIN's PE Ratio compare to its peers?

The above table shows the PE ratio for CPIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.3x
FAPA FAP Agri
59.4xn/aRp19.3t
DSNG Dharma Satya Nusantara
9.6x11.8%Rp11.6t
AALI Astra Agro Lestari
11.3x0.1%Rp11.9t
STAA Sumber Tani Agung Resources
8.9xn/aRp9.1t
CPIN Charoen Pokphand Indonesia
38x32.4%Rp77.1t

Price-To-Earnings vs Peers: CPIN is expensive based on its Price-To-Earnings Ratio (38x) compared to the peer average (22.3x).

Price to Earnings Ratio vs Industry

How does CPIN's PE Ratio compare vs other companies in the ID Food Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
UNSP Bakrie Sumatera Plantations
0.2xn/aUS$20.00m
PSDN Prasidha Aneka Niaga
0.9xn/aUS$7.53m
No more companies available in this PE range
CPIN 38.0xIndustry Avg. 16.1xNo. of Companies11PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CPIN is expensive based on its Price-To-Earnings Ratio (38x) compared to the ID Food industry average (16.1x).

Price to Earnings Ratio vs Fair Ratio

What is CPIN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CPIN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio38x
Fair PE Ratio21x

Price-To-Earnings vs Fair Ratio: CPIN is expensive based on its Price-To-Earnings Ratio (38x) compared to the estimated Fair Price-To-Earnings Ratio (21x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CPIN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRp4,700.00
Rp5,762.50
+22.6%
6.8%Rp6,400.00Rp5,200.00n/a8
Nov ’25Rp4,890.00
Rp5,762.50
+17.8%
6.8%Rp6,400.00Rp5,200.00n/a8
Oct ’25Rp4,720.00
Rp5,762.50
+22.1%
6.8%Rp6,400.00Rp5,200.00n/a8
Sep ’25Rp4,860.00
Rp5,800.00
+19.3%
7.0%Rp6,400.00Rp5,200.00n/a7
Aug ’25Rp5,250.00
Rp5,728.57
+9.1%
5.7%Rp6,100.00Rp5,200.00n/a7
Jul ’25Rp5,100.00
Rp5,809.38
+13.9%
7.1%Rp6,575.00Rp5,200.00n/a8
Jun ’25Rp5,200.00
Rp5,784.38
+11.2%
7.2%Rp6,575.00Rp5,200.00n/a8
May ’25Rp4,950.00
Rp5,808.33
+17.3%
8.2%Rp6,575.00Rp5,200.00n/a9
Apr ’25Rp5,200.00
Rp5,952.78
+14.5%
8.8%Rp6,700.00Rp5,200.00n/a9
Mar ’25Rp4,930.00
Rp5,839.29
+18.4%
13.7%Rp6,700.00Rp4,400.00n/a7
Feb ’25Rp4,440.00
Rp6,096.88
+37.3%
13.1%Rp6,800.00Rp4,400.00n/a8
Jan ’25Rp5,025.00
Rp6,484.38
+29.0%
7.3%Rp7,200.00Rp5,500.00n/a8
Dec ’24Rp5,000.00
Rp6,484.38
+29.7%
7.3%Rp7,200.00Rp5,500.00n/a8
Nov ’24Rp5,375.00
Rp6,400.00
+19.1%
8.3%Rp7,200.00Rp5,500.00Rp4,890.007
Oct ’24Rp5,425.00
Rp6,271.43
+15.6%
7.8%Rp6,900.00Rp5,500.00Rp4,720.007
Sep ’24Rp5,125.00
Rp5,985.71
+16.8%
15.7%Rp6,900.00Rp4,000.00Rp4,860.007
Aug ’24Rp5,200.00
Rp5,937.50
+14.2%
16.9%Rp6,900.00Rp4,000.00Rp5,250.008
Jul ’24Rp5,275.00
Rp5,986.67
+13.5%
20.2%Rp7,850.00Rp4,000.00Rp5,100.009
Jun ’24Rp4,950.00
Rp6,047.50
+22.2%
21.0%Rp7,850.00Rp4,000.00Rp5,200.008
May ’24Rp4,590.00
Rp6,047.50
+31.8%
21.0%Rp7,850.00Rp4,000.00Rp4,950.008
Apr ’24Rp4,990.00
Rp6,610.00
+32.5%
12.0%Rp7,850.00Rp5,000.00Rp5,200.008
Mar ’24Rp5,600.00
Rp6,510.00
+16.3%
11.6%Rp7,850.00Rp5,000.00Rp4,930.0011
Feb ’24Rp5,875.00
Rp6,696.73
+14.0%
8.4%Rp7,850.00Rp5,650.00Rp4,440.0011
Jan ’24Rp5,650.00
Rp6,696.73
+18.5%
8.4%Rp7,850.00Rp5,650.00Rp5,025.0011
Dec ’23Rp5,675.00
Rp6,633.09
+16.9%
8.9%Rp7,850.00Rp5,650.00Rp5,000.0011
Nov ’23Rp5,850.00
Rp6,633.09
+13.4%
10.2%Rp7,850.00Rp5,600.00Rp5,375.0011

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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