Stock Price INDF Will Be On The 8.985 Range

By : Wiyanto Dan Aldo Bella Putra | Tuesday, May 29 2018 - 15:30 IWST

PT Indofood Sukses Makmur Tbk (INDF (Foto Istimewa)
PT Indofood Sukses Makmur Tbk (INDF (Foto Istimewa)

INDUSTRY.co.id - Jakarta - Indofood Sukses Makmur Tbk PT (INDF) stock price for the upcoming year there is potential to rise.

"So we see the fair price of INDF in the next 12 months will be at the level of Rp. 8,985. There is still a potential for INDF stock price increase of 20.98% from the current price at Rp 7,100, "said PT Narada Asset Management Analyst Kiswoyo Adi Joe in Jakarta, Tuesday (29/5/2018).

Estimated prices, he added, based on the assumption of ROE INDF predicted by the end of 2018 by 11%, beta stock INDF 0.91 Risk Free Return of 4.50%, PE INDF 23x highest, and growth of EPS INDF for the year 2018 amounted to 6%.

"We see INDF in 2018 this EPS can grow 6% of EPS in 2017 of Rp. 475, - to Rp. 503, - by the end of 2018, "he said.

News Comment

Today's Industry

Yaffa Finkelstein - Product Marketing Manager, Check Point Software Technologies (Photo by Linkedin)

Kamis, 22 Oktober 2020 - 10:35 WIB

Secure Your Containers Like Your Apps Depend On It

Today we’ll share some of the container security concerns which you might not have considered until now, and we’ll explain how to mitigate those risks, without imposing on your agile DevOps…

Ilustration Brand phishing (Photo by Technonlogy For You)

Rabu, 21 Oktober 2020 - 15:30 WIB

Microsoft is Now Most Imitated Brand by Hackers

Microsoft soars from 5th place in Q2 to 1st place in Q3 for brand phishing attacks, making up 19% of all global phishing attacks in July, August and September.

Friedhelm Best - Vice President Asia Pacific, HIMA (Photo by HIMA)

Rabu, 21 Oktober 2020 - 14:20 WIB

Pharma 4.0: How Technology Is Transforming an Industry

Digital advancements in areas like systems integration, track-and-trace technology, and deep learning are helping the industry optimize its supply chain, improve safety, and even develop new…

Evan Dumas, Regional Director, Southeast Asia, Check Point Software Technologies (Photo by Linkedin)

Rabu, 21 Oktober 2020 - 13:50 WIB

Key Pillars To Optimal Endpoint Security In Today’s Climate

What does it take for businesses to be confident in the resilience of their endpoint protection? Check Point shares 4 key pillars for optimal endpoint security solutions for CISOs and IT professionals…

L/R: Alwin Zecha, Founder - Pacific Leisure Group, Thailand; Hiran Cooray Chairman - Jetwing Symphony PLC, Sri Lanka; and Akbar Shareef, Chairman & Chief Executive - Rakaposhi Tours (Pvt) Ltd., Pakistan (Photo by Global Travel Media)

Jumat, 16 Oktober 2020 - 17:15 WIB

PATA Honours Industry Leaders, Pioneers and Professionals at 69th Annual General Meeting

The following awards were presented during the 69th Annual General Meeting held online PATA Gallery of Legends Award, PATA Life Membership, and PATA Chair’s Award.