Indofood Sukses Makmur Tbk PT
IDX:INDF

Watchlist Manager
Indofood Sukses Makmur Tbk PT Logo
Indofood Sukses Makmur Tbk PT
IDX:INDF
Watchlist
Price: 6 775 IDR -3.56% Market Closed
Market Cap: 59.5T IDR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one INDF stock under the Base Case scenario is 15 214.83 IDR. Compared to the current market price of 6 775 IDR, Indofood Sukses Makmur Tbk PT is Undervalued by 55%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

INDF Relative Value
Base Case
15 214.83 IDR
Undervaluation 55%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.5
P/S
P/S
Price to Sales
0.5
vs History
22
vs Industry
68
Median 3Y
0.5
Median 5Y
0.5
Industry
0.9
Forward
0.5
More Details
6.1
P/E
P/E
Price to Earnings
6.1
vs History
58
vs Industry
57
Median 3Y
7
Median 5Y
7.4
Industry
15.8
Forward
5.5
More Details
2.8
P/OCF
P/OCF
Price to OCF
2.8
vs History
74
vs Industry
64
Median 3Y
3.7
Median 5Y
3.6
Industry
9.8
More Details
3.7
P/FCFE
P/FCFE
Price to FCFE
3.7
vs History
44
vs Industry
54
Median 3Y
4.1
Median 5Y
4
Industry
17.4
More Details
0.9
P/B
P/B
Price to Book Value
0.9
vs History
41
vs Industry
64
Median 3Y
1
Median 5Y
1.1
Industry
1.5
More Details
0.7
EV/S
EV/S
Enterprise Value to Sales
0.7
vs History
55
vs Industry
60
Median 3Y
0.8
Median 5Y
0.8
Industry
1.1
Forward
0.7
More Details
2.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
2.1
vs History
73
vs Industry
71
Median 3Y
2.4
Median 5Y
2.6
Industry
4.7
More Details
3.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
3.7
vs History
79
vs Industry
65
Median 3Y
4.5
Median 5Y
4.9
Industry
9.9
Forward
3.2
More Details
3.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
3.7
vs History
79
vs Industry
66
Median 3Y
4.5
Median 5Y
4.9
Industry
12.7
Forward
3.7
More Details
3.9
EV/OCF
EV/OCF
Enterprise Value to OCF
3.9
vs History
73
vs Industry
61
Median 3Y
5.9
Median 5Y
5.8
Industry
10.8
More Details
5.4
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
5.4
vs History
74
vs Industry
49
Median 3Y
8.5
Median 5Y
8.5
Industry
15
More Details
0.6
EV/IC
EV/IC
Enterprise Value to IC
0.6
vs History
34
vs Industry
77
Median 3Y
0.6
Median 5Y
0.6
Industry
1.1
More Details

Multiples Across Competitors

INDF Competitors Multiples
Indofood Sukses Makmur Tbk PT Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
ID
Indofood Sukses Makmur Tbk PT
IDX:INDF
59.5T IDR 0.5 6.1 3.7 3.7
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 23 895.9 540 752.8 186 542.5 318 284.3
CH
Nestle SA
SIX:NESN
235.9B CHF 2.6 21.7 14.6 17.9
US
Mondelez International Inc
NASDAQ:MDLZ
85B USD 2.3 18.4 12.4 14.8
FR
Danone SA
PAR:BN
46.3B EUR 1.7 22.9 11 14.6
ZA
Tiger Brands Ltd
JSE:TBS
41.1B Zac 0 0 0 0
US
Kraft Heinz Co
NASDAQ:KHC
35.3B USD 1.4 12.9 8.4 9.9
US
Hershey Co
NYSE:HSY
33.8B USD 3 15.2 11.1 12.8
US
General Mills Inc
NYSE:GIS
32.4B USD 1.6 12.4 10.1 11.6
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
222.3B CNY 8.4 36.4 30.7 30.7
ZA
Avi Ltd
JSE:AVI
30B Zac 0 0 0 0
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
ID
Indofood Sukses Makmur Tbk PT
IDX:INDF
Average EV/EBITDA: 20 738.3
3.7
13%
0.3
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
14.6
4%
3.6
US
Mondelez International Inc
NASDAQ:MDLZ
12.4
-1%
N/A
FR
Danone SA
PAR:BN
11
6%
1.8
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
23%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
8.4
0%
N/A
US
Hershey Co
NYSE:HSY
11.1
-8%
N/A
US
General Mills Inc
NYSE:GIS
10.1
-1%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
30.7
18%
1.7
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
ID
Indofood Sukses Makmur Tbk PT
IDX:INDF
Average EV/EBIT: 35 377.8
3.7
8%
0.5
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
17.9
3%
6
US
Mondelez International Inc
NASDAQ:MDLZ
14.8
-2%
N/A
FR
Danone SA
PAR:BN
14.6
7%
2.1
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
15%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
9.9
0%
N/A
US
Hershey Co
NYSE:HSY
12.8
-10%
N/A
US
General Mills Inc
NYSE:GIS
11.6
-1%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
30.7
14%
2.2
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A

See Also

Summary
INDF intrinsic value, competitors valuation, and company profile.
DCF Valuation
INDF stock valuation using Discount Cash Flow valuation method.
Relative Valuation
INDF stock valuation using valuation multiples.
Wall Street Estimates
INDF price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
INDF stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 240,300+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.