Mulia Boga Raya Valuation

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

KEJU (IDR1570) is trading above our estimate of [[fair value]] (IDR476.23)

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

Valuation Score

2/6

Valuation Score 2/6

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 KEJU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KEJU (IDR1570) is trading above our estimate of fair value (IDR476.23)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for KEJU. This is calculated by dividing KEJU's market cap by their current preferred multiple.
What is KEJU's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	Rp2.57t

KEJU key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.9x
Enterprise Value/EBITDA	11.2x
PEG Ratio	-24.9x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for KEJU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	72.1x
PGUN Pradiksi Gunatama	135.2x	n/a	Rp2.4t
CPRO Central Proteina Prima	7x	n/a	Rp3.0t
CBUT Citra Borneo Utama	76.1x	n/a	Rp3.8t
NEST Esta Indonesia	70.2x	n/a	Rp1.7t
KEJU Mulia Boga Raya	16.5x	-0.7%	Rp2.4t

Price-To-Earnings vs Peers: KEJU is good value based on its Price-To-Earnings Ratio (16.5x) compared to the peer average (72.1x).

Price to Earnings Ratio vs Industry

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

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	15.6%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	15.6%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: KEJU is good value based on its Price-To-Earnings Ratio (16.5x) compared to the ID Food industry average (17.5x).

Price to Earnings Ratio vs Fair Ratio

What is KEJU'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.

KEJU PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	17.9x
Fair PE Ratio	8.5x

Price-To-Earnings vs Fair Ratio: KEJU is expensive based on its Price-To-Earnings Ratio (16.5x) compared to the estimated Fair Price-To-Earnings Ratio (8.4x).

Analyst Price Targets

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

Analyst Forecast: Target price is less than 20% higher than the current share price.