Indofood Sukses Makmur Tbk PT
IDX:INDF

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Indofood Sukses Makmur Tbk PT Logo
Indofood Sukses Makmur Tbk PT
IDX:INDF
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Price: 6 975 IDR Market Closed
Market Cap: Rp61.2T

EV/EBITDA

3.1
Current
20%
Cheaper
vs 3-y median of 3.9

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
3.1
=
Enterprise Value
Rp70.2T
/
EBITDA
Rp23.9T

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
3.1
=
Enterprise Value
Rp70.2T
/
EBITDA
Rp23.9T

Valuation Scenarios

Indofood Sukses Makmur Tbk PT is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (3.9), the stock would be worth Rp8 744.98 (25% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+150%
Average Upside
90%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 3.1 Rp6 975
0%
3-Year Average 3.9 Rp8 744.98
+25%
5-Year Average 4.5 Rp10 040.71
+44%
Industry Average 7.6 Rp16 881.18
+142%
Country Average 7.8 Rp17 433.53
+150%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
Rp70.2T
/
Jan 2026
Rp23.9T
=
3.1
Current
Rp70.2T
/
Dec 2026
Rp28.6T
=
2.5
Forward
Rp70.2T
/
Dec 2027
Rp30.1T
=
2.3
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
ID
Indofood Sukses Makmur Tbk PT
IDX:INDF
61.2T IDR 3.1 5.6
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 186 542.5 540 752.8
CH
Nestle SA
SIX:NESN
202.5B CHF 13.8 22.5
US
Mondelez International Inc
NASDAQ:MDLZ
73.1B USD 18.1 29.9
FR
Danone SA
PAR:BN
43.6B EUR 9.8 24
ZA
Tiger Brands Ltd
JSE:TBS
49.5B ZAR 9.6 13
US
Hershey Co
NYSE:HSY
38.8B USD 21.5 44.4
CN
Muyuan Foods Co Ltd
SZSE:002714
253.7B CNY 16.2 16.4
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
238B CNY 25.5 33.8
ZA
Avi Ltd
JSE:AVI
32.8B ZAR 8.6 12.7
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
24.2B CHF 19.8 33.4

Market Distribution

Lower than 75% of companies in Indonesia
Percentile
25th
Based on 706 companies
25th percentile
3.1
Low
0 — 4.4
Typical Range
4.4 — 13.9
High
13.9 —
Distribution Statistics
Indonesia
Min 0
30th Percentile 4.4
Median 7.8
70th Percentile 13.9
Max 1 547 003.1

Indofood Sukses Makmur Tbk PT
Glance View

Market Cap
61.2T IDR
Industry
Food Products

Amidst the bustling streets of Jakarta, Indofood Sukses Makmur Tbk PT stands as a testament to Indonesia's flourishing agro-industrial landscape. Founded in 1990, this once-modest noodle producer has transformed into a diversified food giant, commanding a vast portfolio of products that tap into the everyday lives of millions. Indofood's growth is rooted in its vertically integrated business model, which spans from the cultivation of raw materials to the production of consumer-ready goods. This model not only ensures quality control across the supply chain but also cushions the company against volatile raw material prices. Their diverse product range, from instant noodles—a staple in many households—to dairy and snack foods, amplifies their resilience and adaptability in a dynamic market. The company's ability to generate revenue thrives on its strategic adaptability and market presence. Indofood is a master at understanding the local palate, with its famed Indomie instant noodles capturing taste buds far and wide, even reaching international markets. Through its Distribution Group, the company's expansive network helps ensure that products are accessible across Indonesia’s archipelago, reaching even the most remote islands. Complementing its robust domestic operations, Indofood also taps into global markets, leveraging strategic partnerships and acquisitions to enhance its export capabilities. With its unyielding focus on operational efficiency and market penetration, Indofood continually innovates, both in product offerings and marketing strategies, to maintain its leadership in Indonesia’s large consumer market.

INDF Intrinsic Value
14 232.75 IDR
Undervaluation 51%
Intrinsic Value
Price Rp6 975
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