PT Indoritel Makmur Internasional Tbk (ISX:DNET) Intrinsic Value: Projected FCF: Rp401.85 (As of Jul. 15, 2026) — 1050% Above Median

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ISX:DNET PT Indoritel Makmur Internasional Tbk ISX:DNET
82 GF Score
Price Rp9,800.00
GF Value Rp10,070.83
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is PT Indoritel Makmur Internasional Tbk Intrinsic Value: Projected FCF?

PT Indoritel Makmur Internasional Tbk ISX:DNET +0.51% 82 Intrinsic Value: Projected FCF is Rp401.85 as of Jul. 15, 2026, which is 100% below its 10-year median of 34.94. GuruFocus rates ISX:DNET with a GF Score™ of 82/100 and a GF Value™ of Rp10,070.83 (Fairly Valued). The stock has 4 warning signs investors should review. Among 267 Telecommunication Services companies, PT Indoritel Makmur Internasional Tbk ranks worse than 98.88% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-07-15), PT Indoritel Makmur Internasional Tbk's Intrinsic Value: Projected FCF is Rp401.85. The stock price of PT Indoritel Makmur Internasional Tbk is Rp9800.00. Therefore, PT Indoritel Makmur Internasional Tbk's Price-to-Intrinsic-Value-Projected-FCF of today is 24.4.

The historical rank and industry rank for PT Indoritel Makmur Internasional Tbk's Intrinsic Value: Projected FCF or its related term are showing as below:

ISX:DNET' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 2.48   Med: 34.94   Max: 1028.85
Current: 24.39

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of PT Indoritel Makmur Internasional Tbk was 1028.85. The lowest was 2.48. And the median was 34.94.

ISX:DNET's Price-to-Projected-FCF is ranked worse than
98.88% of 267 companies
in the Telecommunication Services industry
Industry Median: 0.93 vs ISX:DNET: 24.39

PT Indoritel Makmur Internasional Tbk  (ISX:DNET) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

PT Indoritel Makmur Internasional Tbk's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=9800.00/401.85225222371
=24.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PT Indoritel Makmur Internasional Tbk Intrinsic Value: Projected FCF Related Terms


PT Indoritel Makmur Internasional Tbk Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for PT Indoritel Makmur Internasional Tbk's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT Indoritel Makmur Internasional Tbk Intrinsic Value: Projected FCF Chart

PT Indoritel Makmur Internasional Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.52 61.04 122.18 258.60 406.69

PT Indoritel Makmur Internasional Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 247.11 283.34 266.71 406.69 401.85

ISX:DNET vs TMUS, VZ, T: Intrinsic Value: Projected FCF Comparison

For the Telecom Services subindustry, PT Indoritel Makmur Internasional Tbk's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Indoritel Makmur Internasional Tbk Price-to-Projected-FCF vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Indoritel Makmur Internasional Tbk's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where PT Indoritel Makmur Internasional Tbk's Price-to-Projected-FCF falls into.


ISX:DNET
82GF Score
PT Indoritel Makmur Internasional Tbk ISX:DNET
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Indoritel Makmur Internasional Tbk Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get PT Indoritel Makmur Internasional Tbk's Free Cash Flow(6 year avg) = Rp-447,593.92.

PT Indoritel Makmur Internasional Tbk's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar26)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*-447593.91984+15440382*0.8)/14184.000
=401.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: Projected FCF of Rp401.85 mean?
PT Indoritel Makmur Internasional Tbk (ISX:DNET) has a Intrinsic Value: Projected FCF of Rp401.85 as of Jul. 15, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on PT Indoritel Makmur Internasional Tbk and its competitors. This is 1050% above median its historical median of 34.94. Over the past decade, PT Indoritel Makmur Internasional Tbk's Intrinsic Value: Projected FCF has ranged from 2.48 to 1,028.85. According to the industry distribution chart, PT Indoritel Makmur Internasional Tbk ranks #264 out of 267 companies in the Telecommunication Services industry, placing it in the top 98.9%.
Is PT Indoritel Makmur Internasional Tbk's Intrinsic Value: Projected FCF too high?
PT Indoritel Makmur Internasional Tbk's current Intrinsic Value: Projected FCF of Rp401.85 is 1050% above median its 10-year median of 34.94. Over the past 10 years, this metric has ranged from a low of 2.48 to a high of 1,028.85. Based on the distribution chart, PT Indoritel Makmur Internasional Tbk ranks #264 out of 267 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, PT Indoritel Makmur Internasional Tbk has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indoritel Makmur Internasional Tbk's Intrinsic Value: Projected FCF compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, PT Indoritel Makmur Internasional Tbk ranks #264 out of 267 companies for Intrinsic Value: Projected FCF. This places PT Indoritel Makmur Internasional Tbk in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.93. Historically, PT Indoritel Makmur Internasional Tbk's own Intrinsic Value: Projected FCF has ranged from 2.48 to 1,028.85 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Telecommunication Services company?
The median Intrinsic Value: Projected FCF among Telecommunication Services companies is 0.93, based on 267 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on PT Indoritel Makmur Internasional Tbk and its competitors. For the Telecommunication Services industry, the median Intrinsic Value: Projected FCF is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indoritel Makmur Internasional Tbk's current Intrinsic Value: Projected FCF is Rp401.85, which is 1050% above median its own 10-year median of 34.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indoritel Makmur Internasional Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk (ISX:DNET) is currently considered Fairly Valued. The stock's GF Value™ is Rp10,070.83, compared to a current price of Rp9,800.00 — trading 2.7% below its estimated fair value. The current Intrinsic Value: Projected FCF is Rp401.85, which is 1050% above median its 10-year median of 34.94. PT Indoritel Makmur Internasional Tbk's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For PT Indoritel Makmur Internasional Tbk (ISX:DNET), the current Intrinsic Value: Projected FCF is Rp401.85 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Indoritel Makmur Internasional Tbk (ISX:DNET) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk stock appears to be undervalued. The current stock price of Rp9,800.00 is trading 2.7% below its estimated GF Value™ of Rp10,070.83. GuruFocus considers PT Indoritel Makmur Internasional Tbk to be Fairly Valued.

Key valuation signals for ISX:DNET:

  • Intrinsic Value: Projected FCF: Rp401.85 (1050% above median its 10-year median of 34.94)
  • GF Value™: Rp10,070.83 vs. price of Rp9,800.00 (2.7% below fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the ISX:DNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Indoritel Makmur Internasional Tbk Business Description

Address Jalan Jenderal Sudirman Kav. 70-71, Gedung Wisma Indocement Lantai 10, South Jakarta, Jakarta, IDN, 12910
PT Indoritel Makmur Internasional Tbk is an investment holding company. The company, through its subsidiaries, is engaged in providing infrastructure through fiber optic media and serving telecommunication services ranging from data communication to interactive video, managing SDWAN services, and a variety of other Internet of Things (IoT) derivatives. Its segments are the Corporate segment, the Retail segment, and Others. It generates the majority of revenue from the Corporate segment. The Corporate Business Segment provides fiber-optic-based telecommunications data connection service products for business customers, such as Last Mile Solution, Fiberization, IP Transit, IEPL, MPLS, and DWDM, to other telecommunications operators and international customers.
82GF Score

Get the complete analysis for ISX:DNET

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp9,800.00
Price
Rp10,070.83
GF Value