EN DE

PT Japfa Comfeed Indonesia Tbk (JPFA) Fair Value & Analysis

Consumer Defensive · ID · Market cap 23.6T IDR

PJ PT Japfa Comfeed Indonesia Tbk JPFA · JK
Price2,320 IDR
Fair Value6,974 IDR
Upside+200.6%
Quality61/100
Watch PT Japfa Comfeed Indonesia Tbk for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 8.0% net margin
Low debt · generates free cash flow
6.90% dividend yield
Ranks above peers (12/14)
Wide moat 67/100
Evidence: High Range 3,807 IDR – 9,039 IDR Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated yesterday

Fair value updated Aug 13, 2026, revised from 7,231 IDR to 6,974 IDR (−3.6%) since Jul 17, 2026. Share price +14.3% over the past month.

A solid business, screening 201% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (3,807 IDR). The market is more pessimistic than our downside scenario.
  • Solid quality (61/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (3,807 IDR to 9,039 IDR) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

2,769 IDR 897.38 IDR Fair Value 6,974 IDR Mar 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 897.38 IDR – 2,769 IDR · fair‑value band 3,807 IDR – 9,039 IDR · the 2,320 IDR price screens below the 6,974 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 Japfa Comfeed Indonesia Tbk (JPFA) currently trades at 2,320 IDR, while our model-based Fair Value estimate is 6,974 IDR, implying the stock looks roughly 200.6% undervalued today. The Quality Score stands at 61/100 (solid quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, PT Japfa Comfeed Indonesia Tbk generated revenue of 64.1T IDR at a net margin of 8.0%. Revenue grew 23.6% year over year. It earns a return on equity of 27.8%. Net debt stands at 8.3T IDR. Fundamentals as of Aug 13, 2026

Our scenario range runs from 3,807 IDR (bear case) to 9,039 IDR (bull case); at 2,320 IDR, the current price sits below 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 about 17% below its 52-week high and 73% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 97% fair-value upside, at 201%, JPFA screens cheaper 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
Growth DCF 2,714 IDR 4,658 IDR 8,086 IDR 80
Residual Income 2,406 IDR 3,279 IDR 17,500 IDR 76
Rev-Margin DCF 4,138 IDR 7,401 IDR 11,490 IDR 74
All 26 models by family
DCF Models
FCF DCF 2,708 IDR 4,740 IDR 8,324 IDR 38
Owner Earnings 2,973 IDR 5,214 IDR 9,167 IDR 31
5Y Revenue Exit 4,138 IDR 7,516 IDR 12,107 IDR 39
5Y EBITDA Exit 4,835 IDR 8,918 IDR 14,009 IDR 41
5Y P/E Exit 4,349 IDR 7,941 IDR 11,996 IDR 38
10Y Revenue Exit 3,484 IDR 6,573 IDR 11,288 IDR 36
10Y EBITDA Exit 4,117 IDR 7,610 IDR 12,880 IDR 37
10Y P/E Exit 3,791 IDR 6,887 IDR 11,195 IDR 35
Earnings-Based
Graham-Dodd 2,342 IDR 9,953 IDR 13,590 IDR 54
Lynch FV 2,538 IDR 3,626 IDR 4,714 IDR 50
PEG = 1.0 2,538 IDR 3,626 IDR 4,714 IDR 46
EPV 4,314 IDR 5,053 IDR 5,709 IDR 59
Dividend Discount
Gordon GGM 713.26 IDR 1,557 IDR 2,620 IDR 70
DDM Multi-Stage 713.26 IDR 1,276 IDR 1,623 IDR 61
Multiples
P/E Multiple 5,424 IDR 7,231 IDR 9,039 IDR 63
P/S Multiple 4,390 IDR 5,854 IDR 7,317 IDR 58
P/B Multiple 4,390 IDR 5,854 IDR 7,317 IDR 55
EV/EBIT 6,784 IDR 9,001 IDR 11,219 IDR 53
EV/EBITDA 6,326 IDR 8,391 IDR 10,456 IDR 54
EV/Revenue 4,879 IDR 6,914 IDR 8,949 IDR 43
Asset-Based
NCAV (Graham) 802.56 IDR 1,075 IDR 1,605 IDR 50
Growth DCF
Growth DCF 2,714 IDR 4,658 IDR 8,086 IDR 80
Rev-Margin DCF 4,138 IDR 7,401 IDR 11,490 IDR 74
Economic Profit
Residual Income 2,406 IDR 3,279 IDR 17,500 IDR 76
ROIC Compounder 4,817 IDR 6,338 IDR 8,248 IDR 72
Growth Earnings
Growth-Adj P/E 4,279 IDR 6,112 IDR 7,946 IDR 68

Widest divergence: Multiples (6,914 IDR) versus Asset-Based (1,075 IDR). Highest evidence: Growth DCF (80).

Notify me when JPFA reaches fair value

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

Key figures & financial health

Revenue (TTM) 64.1T IDR
Revenue growth (YoY) +23.6%
Net margin 8.0%
Return on equity 27.8%
Free cash flow 2.3T IDR FY2025
P/E ratio 4.0 as of Jun 9, 2026
More key figures
Operating margin 14.7%
EPS (TTM) 441.08 IDR
EPS growth (YoY) +167%
Net debt 8.3T IDR FY2025

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

Quality Score breakdown

Overall quality 61/100

Of which business quality 58 · Market factors (momentum, volatility) 62

Profitability 67
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 34
Earnings quality: real cash, not paper profit
Fin. Strength 63
Balance sheet, leverage, solvency risk
Investment 61
Disciplined investing over empire-building
Low Volatility 60
Calm price path (market factor)
Momentum 52
Price trend over the last 3–12 months (market factor)
52W Momentum 82
Distance to the 52-week high (market factor)
Net Issuance 82
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 Japfa Comfeed Indonesia Tbk operates as an agri-food company in Indonesia and internationally. It operates in six segments: Animal Feed, Poultry Breeding, Commercial Farm, Poultry Processing and Consumer Products, Aquaculture, and Trading and Others.

Full company description

PT Japfa Comfeed Indonesia Tbk operates as an agri-food company in Indonesia and internationally. It operates in six segments: Animal Feed, Poultry Breeding, Commercial Farm, Poultry Processing and Consumer Products, Aquaculture, and Trading and Others. The company offers poultry services comprising poultry feed, breeding, and processing; commercial farming; broiler production; processed animal protein; animal health products, including vaccines and veterinary medicines; and farm supplies, such as pharmaceutical-based animal health products, premix, and livestock equipment supplies. It also provides aquaculture services consisting of aqua feed for fish and shrimp; fish and shrimp hatchery; and technical support services, such as research and development stations, and animal health and mobile diagnostic laboratories, as well as services for water quality, analysis of culture conditions and harvest data, water quality improvement and pond cleaning, improvement of cultivation systems, improvement feeding systems, feeding techniques and training on feed storage, and pond management standard operation procedures. In addition, the company offers beef cattle breeding, fattening, slaughterhouses, and value-added meat production; food products; and raw materials and value-added products, including beef, chicken, and seafood. Further, it is involved in cold storage; eel farming; real and industrial estate; plantation and farming; transportation; trading and franchise; colored bird breeding farms; deer breeding; agriculture; corn dryers; agritourism and permaculture; pharmaceutical wholesaling; agricultural machinery and equipment supplies; woven plastic bag; copra pelletizing; freight; and retail meat store activities. The company markets its products in Asia, Europe, and the United States. The company was founded in 1971 and is headquartered in Jakarta, Indonesia. PT Japfa Comfeed Indonesia Tbk is a subsidiary of Japfa Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Japfa Comfeed Indonesia Tbk reported revenue of 60.7T IDR in FY2025 versus 44.9T IDR in FY2021, a compound +7.8%/yr. Reported net income was 4.0T IDR in FY2025, compounding +18.6%/yr from FY2021.

Growth Quality 82/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
60.7T IDR
Latest YoY
+8.8%
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.
+7.4%
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.
+10.4%
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.
+12.4%
Revenue +7.8%/yr
FY21 44.9T IDR
FY22 49.0T IDR
FY23 51.2T IDR
FY24 55.8T IDR
FY25 60.7T IDR
Net income +18.6%/yr
FY21 2.0T IDR
FY22 1.4T IDR
FY23 930B IDR
FY24 3.0T IDR
FY25 4.0T IDR
Character of growth · EPS growth decomposed (2014-2025) +11.0 % p.a.
Revenue per share +8.2 pp

of which total revenue +9.1 pp · buybacks/dilution −1.0 pp

EBIT margin +0.3 pp
Tax rate +0.0 pp
Residual (interest, one-offs) +2.6 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

Watch JPFA: get an alert when its fair value changes →

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 Japfa Comfeed Indonesia Tbk Fair Value". https://www.fairvalue-calculator.com/stock/JPFA

Peer Group

Farm Products · 299 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 61 · Above median
Return on equity (TTM) 28% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 8% · Above median
Operating margin (TTM) 14% · Top 25%
Revenue growth 24% · Top 25%
Dividend yield (TTM) 6.9% · Top 25%
Debt / equity 0.11× · Lower than median

Valuation Multiples vs Farm Products median · lower = cheaper

P/E (TTM) 4.0× · Cheaper than 75% of peers
P/B 1.26× · Pricier than median
P/S (TTM) 0.37× · Cheaper than median
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 2.4× · Cheaper than 75% of peers
PEG 1.31× · Pricier than median

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 25
FUTURE 100 · sector 22
PAST 100 · sector 18
HEALTH 95 · sector 95
DIVIDEND 100 · sector 37

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 Farm Products stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Muyuan Foods Group 002714 ¥40.15 ¥47.42 +18%
PT Charoen Pokphand Indonesia Tbk, CPIN 3,150 IDR 6,818 IDR +116%
Charoen Pokphand Foods Public Company CPF 21.90 THB 43.24 THB +97%
PT Triputra Agro Persada Tbk TAPG 1,805 IDR 3,087 IDR +71%
PT FAP Agri Tbk FAPA 7,350 IDR 6,420 IDR -13%
PT Jhonlin Agro Raya Tbk JARR 1,890 IDR 610.80 IDR -68%
PT Nusantara Sawit Sejahtera Tbk NSSS 860.00 IDR 402.24 IDR -53%
PT Sinar Mas Agro Resources and Technology Tbk SMAR 5,625 IDR 16,227 IDR +188%
PT Dharma Satya Nusantara Tbk DSNG 1,320 IDR 2,696 IDR +104%
PT Astra Agro Lestari Tbk AALI 7,175 IDR 16,058 IDR +124%

Compare PT Japfa Comfeed Indonesia Tbk with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Defensive 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 Japfa Comfeed Indonesia Tbk (JPFA) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 6,974 IDR versus a price of 2,320 IDR, about +201% (undervalued).
What is the fair value of JPFA?
Our model-based fair value for PT Japfa Comfeed Indonesia Tbk is 6,974 IDR (as of Aug 13, 2026), built from audited fundamentals. The current price is 2,320 IDR.
What is the quality score of JPFA?
PT Japfa Comfeed Indonesia Tbk has a Quality Score of 61/100. 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 Japfa Comfeed Indonesia Tbk (JPFA)?
PT Japfa Comfeed Indonesia Tbk reported trailing-twelve-month revenue of about 64.1T IDR (latest available figure, as of Aug 13, 2026).
What is the net profit margin of JPFA?
The net profit margin of PT Japfa Comfeed Indonesia Tbk is about 8.0%, meaning it keeps roughly 8.0% of revenue as net income. 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 Japfa Comfeed Indonesia 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.