Estimates
Source: S&P Capital IQ consensus via Xpressfeed · Generated 2026-07-17.
Street snapshot
Coverage is uniformly positive but thin: two buy ratings and one outperform, with no holds or sells, for a consensus recommendation score of 1.33. The two target prices average IDR 1,335 (median 1,335) and span 1,070 to 1,600.
Currency: IDR · Scale: money in millions, billions, absolute (per share) · Analyst counts shown explicitly; recommendation respondents: 3.
| Street view | Reading | Analysts |
|---|---|---|
| Recommendation mix | Buy 2, Outperform 1, Hold 0, Underperform 0, Sell 0 | 3 |
| Consensus score | 1.33 | 3 |
| Target price | mean 1,335; high 1,600; low 1,070 | 2 |
Forward table
Coverage is deepest for FY2025 (three estimates on the core lines) and thins to a single estimate per metric from FY2026 onward, with no quarterly coverage.
Currency: IDR · Scale: money in millions, billions, absolute (per share) · Analyst count is the estimate count for each period and metric.
| Period | Metric | Mean | YoY | Analysts | Low / high |
|---|---|---|---|---|---|
| FY0E | Revenue | 6,546 | 9.3% | 1 | 6,546 / 6,546 |
| FY0E | EBITDA | 1,264 | -29.8% | 1 | 1,264 / 1,264 |
| FY0E | EBIT | 1,093 | 6.3% | — | — / — |
| FY0E | Net income (GAAP) | 470.0 | 12.5% | 1 | 470.0 / 470.0 |
| FY0E | Net income (normalized) | 470.0 | 6.3% | — | — / — |
| FY0E | EPS (GAAP) | 132.1 | 16.8% | 1 | 132.1 / 132.1 |
| FY0E | EPS (normalized) | 132.1 | 16.8% | 1 | 132.1 / 132.1 |
| FY0E | Free cash flow | 405,000 | -6.7% | — | — / — |
| FY0E | Gross margin | 33.5% | 6.3% | — | — / — |
| FY0E | Capital expenditure | -445.0 | 7.7% | — | — / — |
| FY0E | Net debt | 3,112 | -13.6% | — | — / — |
| FY0E | ROE | 19.4% | -1.9% | — | — / — |
| FY0E | Cash from operations | 850.0 | -2.9% | — | — / — |
| FY+1E | Revenue | 7,175 | 9.6% | 1 | 7,175 / 7,175 |
| FY+1E | EBITDA | 1,393 | 10.2% | 1 | 1,393 / 1,393 |
| FY+1E | EBIT | 1,213 | 11.0% | — | — / — |
| FY+1E | Net income (GAAP) | 533.0 | 13.4% | 1 | 533.0 / 533.0 |
| FY+1E | Net income (normalized) | 533.0 | 13.4% | — | — / — |
| FY+1E | EPS (GAAP) | 149.9 | 13.4% | 1 | 149.9 / 149.9 |
| FY+1E | EPS (normalized) | 149.9 | 13.4% | 1 | 149.9 / 149.9 |
| FY+1E | Free cash flow | 380,000 | -6.2% | — | — / — |
| FY+1E | Gross margin | 34.2% | 2.1% | — | — / — |
| FY+1E | Capital expenditure | -445.0 | 0.0% | — | — / — |
| FY+1E | Net debt | 3,129 | 0.5% | — | — / — |
| FY+1E | ROE | 18.2% | -6.2% | — | — / — |
| FY+1E | Cash from operations | 824.0 | -3.1% | — | — / — |
| FY+2E | Revenue | 7,846 | 9.4% | 1 | 7,846 / 7,846 |
| FY+2E | EBITDA | 1,529 | 9.8% | 1 | 1,529 / 1,529 |
| FY+2E | EBIT | 1,340 | 10.5% | — | — / — |
| FY+2E | Net income (GAAP) | 596.0 | 11.8% | 1 | 596.0 / 596.0 |
| FY+2E | Net income (normalized) | 596.0 | 11.8% | — | — / — |
| FY+2E | EPS (GAAP) | 167.6 | 11.8% | 1 | 167.6 / 167.6 |
| FY+2E | EPS (normalized) | 167.6 | 11.8% | 1 | 167.6 / 167.6 |
| FY+2E | Free cash flow | 543,000 | 42.9% | — | — / — |
| FY+2E | Gross margin | 34.9% | 2.0% | — | — / — |
| FY+2E | Capital expenditure | -445.0 | 0.0% | — | — / — |
| FY+2E | Net debt | 3,022 | -3.4% | — | — / — |
| FY+2E | ROE | 17.1% | -6.0% | — | — / — |
| FY+2E | Cash from operations | 988.0 | 19.9% | — | — / — |
Estimate momentum
The clearest shift is a downward revision to FY2027 normalized EPS, marked to 149.9 from roughly 158.8 six months ago and 159.9 a month ago, while FY2027 revenue held near 7,175 (from 7,144). It reads as a single-year EPS cut rather than a broad revision, and rests on one estimate.
Currency: IDR · Scale: money in millions, billions, absolute (per share) · Point-in-time consensus; analyst count is shown where supplied.
| Period | Metric | Lookback | Then | Now | Direction / magnitude | Analysts |
|---|---|---|---|---|---|---|
| 2027 | Revenue | 30d | 7,110 | 7,175 | up 0.9% | — |
| 2027 | Revenue | 90d | 7,144 | 7,175 | up 0.4% | — |
| 2027 | Revenue | 180d | 7,144 | 7,175 | up 0.4% | — |
| 2028 | Revenue | 30d | 7,846 | 7,846 | flat 0.0% | — |
| 2027 | EPS (normalized) | 30d | 159.9 | 149.9 | down 6.3% | — |
| 2027 | EPS (normalized) | 90d | 158.8 | 149.9 | down 5.6% | — |
| 2027 | EPS (normalized) | 180d | 158.8 | 149.9 | down 5.6% | — |
| 2028 | EPS (normalized) | 30d | 167.6 | 167.6 | flat 0.0% | — |
Beat / miss record
No comparable reported quarters.
Currency: IDR · Scale: money in millions, billions, absolute (per share) · Consensus is captured before each actual first became effective; analyst count shown per observation.
| Quarter | Metric | Consensus as of | Actual | Surprise | Outcome | Analysts |
|---|---|---|---|---|---|---|
| — | No beat/miss observations | — | — | — | — | — |
Where the street disagrees
Disagreement is confined to FY2025, the only year carrying multiple estimates: EBITDA shows the widest band at IDR 1,264-1,937bn (stddev ~304) against a tighter revenue range of 5,578-6,020bn. From FY2026 the single-estimate coverage leaves zero spread, which reflects thin coverage rather than genuine agreement.
Currency: IDR · Scale: money in millions, billions, absolute (per share) · Dispersion is high-low divided by absolute mean; analyst count shown per item.
| Period | Metric | Mean | Low | High | Spread / mean | Analysts |
|---|---|---|---|---|---|---|
| 2025 | EBITDA | 1,692 | 1,264 | 1,937 | 39.8% | 3 |
| 2025 | EPS (normalized) | 118.2 | 112.3 | 125.1 | 10.8% | 3 |
| 2025 | EPS (GAAP) | 118.2 | 112.3 | 125.1 | 10.8% | 3 |
| 2025 | Net income (GAAP) | 442.3 | 417.0 | 461.0 | 9.9% | 3 |
| 2025 | Revenue | 5,849 | 5,578 | 6,020 | 7.6% | 3 |