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PT Prime Agri Resources Tbk, (SGRO) Fair Value & Analysis

Consumer Defensive · ID · Market cap 5.8T IDR

PP PT Prime Agri Resources Tbk, SGRO · JK
Price4,670 IDR
Fair Value5,829 IDR
Upside+24.8%
Quality76/100
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Healthy Growth
Thin margins · 3.0% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/15)
Narrow moat 40/100
Evidence: High Range 4,372 IDR – 7,286 IDR Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated today

Share price +61.6% over the past month.

A strong business, screening 25% undervalued on our models.

What matters now

  • Our model range runs from 4,372 IDR (bear) to 7,286 IDR (bull), base 5,829 IDR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 76/100 (high quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

7,353 IDR 1,141 IDR Fair Value 5,829 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 1,141 IDR – 7,353 IDR · fair‑value band 4,372 IDR – 7,286 IDR · the 4,670 IDR price screens below the 5,829 IDR fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

PT Prime Agri Resources Tbk, (SGRO) currently trades at 4,670 IDR, while our model-based Fair Value estimate is 5,829 IDR, implying the stock looks roughly 24.8% undervalued today. The Quality Score stands at 76/100 (high 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 Prime Agri Resources Tbk, generated revenue of 6.1T IDR at a net margin of 3.0%. Revenue declined 23.1% year over year. It earns a return on equity of 4.8%. Net debt stands at 97.1B IDR. Fundamentals as of Aug 13, 2026

Our scenario range runs from 4,372 IDR (bear case) to 7,286 IDR (bull case); at 4,670 IDR, the current price sits within 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 41% below its 52-week high and 110% 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 25%, SGRO 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
Growth DCF 9,790 IDR 14,689 IDR 22,043 IDR 80
Residual Income 2,493 IDR 2,773 IDR 4,050 IDR 76
Rev-Margin DCF 5,725 IDR 8,234 IDR 11,143 IDR 74
All 26 models by family
DCF Models
FCF DCF 9,582 IDR 15,051 IDR 23,765 IDR 38
Owner Earnings 3,537 IDR 5,473 IDR 8,556 IDR 31
5Y Revenue Exit 5,725 IDR 8,128 IDR 11,080 IDR 39
5Y EBITDA Exit 10,045 IDR 16,177 IDR 23,284 IDR 41
5Y P/E Exit 5,952 IDR 8,551 IDR 11,206 IDR 38
10Y Revenue Exit 6,871 IDR 9,406 IDR 12,618 IDR 36
10Y EBITDA Exit 9,802 IDR 15,111 IDR 22,114 IDR 37
10Y P/E Exit 7,137 IDR 9,705 IDR 12,716 IDR 35
Earnings-Based
Graham-Dodd 1,887 IDR 5,748 IDR 7,628 IDR 54
Lynch FV 1,232 IDR 1,760 IDR 2,288 IDR 50
PEG = 1.0 1,232 IDR 1,760 IDR 2,288 IDR 46
EPV 7,618 IDR 8,922 IDR 10,082 IDR 59
Dividend Discount
Gordon GGM 3,174 IDR 6,930 IDR 11,660 IDR 70
DDM Multi-Stage 3,174 IDR 5,300 IDR 7,222 IDR 61
Multiples
P/E Multiple 4,372 IDR 5,829 IDR 7,286 IDR 63
P/S Multiple 3,539 IDR 4,718 IDR 5,898 IDR 58
P/B Multiple 3,539 IDR 4,718 IDR 5,898 IDR 55
EV/EBIT 12,357 IDR 16,401 IDR 20,445 IDR 53
EV/EBITDA 11,520 IDR 15,284 IDR 19,049 IDR 54
EV/Revenue 3,948 IDR 5,543 IDR 7,138 IDR 43
Asset-Based
NCAV (Graham) 1,385 IDR 1,857 IDR 2,771 IDR 50
Growth DCF
Growth DCF 9,790 IDR 14,689 IDR 22,043 IDR 80
Rev-Margin DCF 5,725 IDR 8,234 IDR 11,143 IDR 74
Economic Profit
Residual Income 2,493 IDR 2,773 IDR 4,050 IDR 76
ROIC Compounder 8,111 IDR 10,159 IDR 12,475 IDR 72
Growth Earnings
Growth-Adj P/E 3,588 IDR 5,125 IDR 6,663 IDR 68

Widest divergence: DCF Models (9,406 IDR) versus Earnings-Based (1,760 IDR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 6.1T IDR
Revenue growth (YoY) -23.1%
Net margin 3.0%
Return on equity 4.8%
Free cash flow 1.4T IDR FY2025
P/E ratio 30.5
More key figures
Operating margin 11.1%
EPS (TTM) 152.99 IDR
EPS growth (YoY) -62.5%
Net debt 97.1B IDR FY2025

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

Quality Score breakdown

Overall quality 76/100

Of which business quality 75 · Market factors (momentum, volatility) 51

Profitability 41
Margins and returns on capital today
Quality Growth 78
Are margins and returns improving?
Cashflow 90
Earnings quality: real cash, not paper profit
Fin. Strength 78
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 66
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 Prime Agri Resources Tbk, together with its subsidiaries, operates palm oil and rubber plantations, and palm oil mills in Indonesia and internationally. It operates through Palm Products and Others segments. The company offers crude palm oil, palm kernel, and oil palm seeds, as well as non-palm products, such as rubber and sago starch.

Full company description

PT Prime Agri Resources Tbk, together with its subsidiaries, operates palm oil and rubber plantations, and palm oil mills in Indonesia and internationally. It operates through Palm Products and Others segments. The company offers crude palm oil, palm kernel, and oil palm seeds, as well as non-palm products, such as rubber and sago starch. It also engages in the utilization of forestry products; provision of management consultation service; production of germinated seeds; and wholesale trade activities. In addition, the company develops plasma plantations and manages cooperation with plasma farmers. Further, it produces and sells its oil palm seeds under the DxP Sriwijaya brand name. PT Prime Agri Resources Tbk was formerly known as PT Sampoerna Agro Tbk and changed its name to PT Prime Agri Resources Tbk in January 2026. PT Prime Agri Resources Tbk was founded in 1993 and is headquartered in Palembang, Indonesia. As of November 19, 2025, PT Prime Agri Resources Tbk operates as a subsidiary of AGPA PTE. LTD.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Prime Agri Resources Tbk, reported revenue of 6.4T IDR in FY2025 versus 5.2T IDR in FY2021, a compound +5.4%/yr. Reported net income was 505B IDR in FY2025, compounding −10.9%/yr from FY2021.

Growth Quality 88/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
6.4T IDR
Latest YoY
+13.2%
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.
+4.4%
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.
+13.0%
Avg. growth/yr (19Y) 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%
Revenue +5.4%/yr
FY21 5.2T IDR
FY22 5.7T IDR
FY23 5.6T IDR
FY24 5.7T IDR
FY25 6.4T IDR
Net income −10.9%/yr
FY21 802B IDR
FY22 1.0T IDR
FY23 484B IDR
FY24 749B IDR
FY25 505B IDR
Character of growth · EPS growth decomposed (2014-2025) +6.3 % p.a.
Revenue per share +7.9 pp

of which total revenue +7.6 pp · buybacks/dilution +0.3 pp

EBIT margin +3.2 pp
Tax rate −4.1 pp
Residual (interest, one-offs) −0.7 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).

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Cite: Fair Value Calculator (2026). "PT Prime Agri Resources Tbk, Fair Value". https://www.fairvalue-calculator.com/stock/SGRO

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 76 · Top 25%
Fair Value upside +25% · Above median
Return on equity (TTM) 5% · Above median
Return on assets 4% · Above median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 11% · Above median
Revenue growth -23% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.49× · Higher than 75% of peers

Valuation Multiples vs Farm Products median · lower = cheaper

P/E (TTM) 30.5× · Pricier than 75% of peers
P/B 1.15× · Pricier than median
P/S (TTM) 0.96× · Pricier than median
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 6.0× · Pricier than median
PEG 1.62× · 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 66 · sector 25
FUTURE 0 · sector 22
PAST 19 · sector 18
HEALTH 75 · sector 95
DIVIDEND 0 · 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 Japfa Comfeed Indonesia Tbk JPFA 2,260 IDR 6,974 IDR +209%
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%

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Frequently asked questions

Is PT Prime Agri Resources Tbk, (SGRO) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 5,829 IDR versus a price of 4,670 IDR, about +25% (undervalued).
What is the fair value of SGRO?
Our model-based fair value for PT Prime Agri Resources Tbk, is 5,829 IDR (as of Aug 13, 2026), built from audited fundamentals. The current price is 4,670 IDR.
What is the quality score of SGRO?
PT Prime Agri Resources Tbk, has a Quality Score of 76/100. 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 Prime Agri Resources Tbk, (SGRO)?
PT Prime Agri Resources Tbk, reported trailing-twelve-month revenue of about 6.1T IDR (latest available figure, as of Aug 13, 2026).
What is the net profit margin of SGRO?
The net profit margin of PT Prime Agri Resources Tbk, is about 3.0%, meaning it keeps roughly 3.0% 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.

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