EN DE

PT Fajar Surya Wisesa Tbk, (FASW) Fair Value & Analysis

Consumer Cyclical · ID · Market cap 17.6T IDR

PF PT Fajar Surya Wisesa Tbk, FASW · JK
Price5,312 IDR
Fair Value1,014 IDR
Upside-80.9%
Quality34/100
Watch PT Fajar Surya Wisesa Tbk, for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -10.6% net margin
Low debt · negative free cash flow
Trails peers (0/9)
Narrow moat 11/100
Evidence: Low Range 756.68 IDR – 1,513 IDR Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated today

Below-average quality, and screening another 81% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (1,513 IDR). The favourable scenario is already priced in.
  • Weak quality (34/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (756.68 IDR to 1,513 IDR) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

8,533 IDR 4,830 IDR Fair Value 1,014 IDR Jan 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 4,830 IDR – 8,533 IDR · fair‑value band 756.68 IDR – 1,513 IDR · the 5,312 IDR price screens above the 1,014 IDR fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

PT Fajar Surya Wisesa Tbk, (FASW) currently trades at 5,312 IDR, while our model-based Fair Value estimate is 1,014 IDR, implying the stock looks roughly 80.9% overvalued today. The Quality Score stands at 34/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, PT Fajar Surya Wisesa Tbk, generated revenue of 8.0T IDR at a net margin of -10.6%. Revenue declined 2.7% year over year. It earns a return on equity of -19.4%. Net debt stands at 4.3T IDR. Fundamentals as of Aug 13, 2026

Our scenario range runs from 756.68 IDR (bear case) to 1,513 IDR (bull case); at 5,312 IDR, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -14% fair-value upside, at -81%, FASW screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
NCAV (Graham) 890.78 IDR 1,194 IDR 1,782 IDR 50
All 1 models by family
Asset-Based
NCAV (Graham) 890.78 IDR 1,194 IDR 1,782 IDR 50

Notify me when FASW reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 8.0T IDR
Revenue growth (YoY) -2.7%
Net margin -10.6%
Return on equity -19.4%
Free cash flow −559B IDR FY2025
Operating margin 3.0%
More key figures
EPS (TTM) -434.56 IDR
EPS growth (YoY) -23.3%
Net debt 4.3T IDR FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 34/100

Of which business quality 33 · Market factors (momentum, volatility) 56

Profitability 9
Margins and returns on capital today
Quality Growth 70
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 45
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 33
Distance to the 52-week high (market factor)
Net Issuance 17
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

PT Fajar Surya Wisesa Tbk, together with its subsidiaries, engages in the manufacture and sale of packaging papers in Indonesia and other Asian countries. It offers coated duplex boards for use in light-weight packaging materials of pharmaceutical products, shoes, household goods, processed foods, and consumer electronics.

Full company description

PT Fajar Surya Wisesa Tbk, together with its subsidiaries, engages in the manufacture and sale of packaging papers in Indonesia and other Asian countries. It offers coated duplex boards for use in light-weight packaging materials of pharmaceutical products, shoes, household goods, processed foods, and consumer electronics. The company also provides container board products, such as brown packaging paper that is used for the outer layers of corrugated sheets; fluting paper for the construction of carton boxes; and white liner board for industrial packaging and box making. It sells its products directly to industrial and consumer goods manufacturing companies. The company was founded in 1987 and is headquartered in Jakarta Pusat, Indonesia. PT Fajar Surya Wisesa Tbk operates as a subsidiary of Scgp Solutions (Singapore) Pte Ltd.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Fajar Surya Wisesa Tbk, reported revenue of 8.1T IDR in FY2025 versus 11.9T IDR in FY2021, a compound −9.2%/yr. Reported net income was −1.1T IDR in FY2025.

Growth Quality 12/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
8.1T IDR
Latest YoY
+5.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−9.4%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.5%
Avg. growth/yr (25Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.7%
Revenue −9.2%/yr
FY21 11.9T IDR
FY22 10.9T IDR
FY23 7.7T IDR
FY24 7.7T IDR
FY25 8.1T IDR
Net income
FY21 617B IDR
FY22 120B IDR
FY23 −626B IDR
FY24 −1.1T IDR
FY25 −1.1T IDR

FASW screens 81% overvalued. Compare with Stora Enso Oyj →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "PT Fajar Surya Wisesa Tbk, Fair Value". https://www.fairvalue-calculator.com/stock/FASW

Peer Group

Packaging & Containers · 274 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 33 · Bottom 25%
Fair Value upside −81% · Bottom 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -11% · Bottom 25%
Operating margin (TTM) 3% · Below median
Revenue growth -3% · Below median
Debt / equity 0.41× · Higher than 75% of peers

Valuation Multiples vs Packaging & Containers median · lower = cheaper

EV/EBITDA 26.5× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 8
FUTURE 0 · sector 0
PAST 0 · sector 21
HEALTH 80 · sector 93
DIVIDEND 0 · sector 42

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Stora Enso Oyj STER kr 106.80 kr 125.82 +18%
ShenZhen YUTO Packaging Technology Co 002831 ¥27.73 ¥20.16 -27%
SCG Packaging Public Company SCGP 31.00 THB 16.12 THB -48%
AblePrint Technology Co 7734 3,350 TWD 675.50 TWD -80%
Taiwan Hon Chuan Enterprise Co 9939 134.00 TWD 127.06 TWD -5%
Time Technoplast Limited TIMETECHNO ₹208.56 ₹161.42 -23%
EPL Limited 500135 ₹247.30 ₹111.65 -55%
Dongwon Systems Corporation 014820 21,650 KRW 31,473 KRW +45%
PT Panca Budi Idaman Tbk, PBID 525.00 IDR 774.13 IDR +47%
Pum-Tech Korea Co 251970 54,800 KRW 47,226 KRW -14%

Compare PT Fajar Surya Wisesa Tbk, with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is PT Fajar Surya Wisesa Tbk, (FASW) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 1,014 IDR versus a price of 5,312 IDR, about −81% (overvalued).
What is the fair value of FASW?
Our model-based fair value for PT Fajar Surya Wisesa Tbk, is 1,014 IDR (as of Aug 13, 2026), built from audited fundamentals. The current price is 5,312 IDR.
What is the quality score of FASW?
PT Fajar Surya Wisesa Tbk, has a Quality Score of 34/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of PT Fajar Surya Wisesa Tbk, (FASW)?
PT Fajar Surya Wisesa Tbk, reported trailing-twelve-month revenue of about 8.0T IDR (latest available figure, as of Aug 13, 2026).
What is the net profit margin of FASW?
The net profit margin of PT Fajar Surya Wisesa Tbk, is about -10.6%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track PT Fajar Surya Wisesa Tbk, and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.