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PT Indah Kiat Pulp & Paper Tbk (INKP.JK)

IDR7,275.00 +200.00 (+2.83%)
ID JKT Basic Materials Paper, Lumber & Forest Products
Address Tower 2, Sinar Mas Land Plaza 10350
Jakarta, ID
CEO Hendra Jaya Kosasih
IPO 2000-12-14
ISIN ID1000062201

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Also trades on Indonesia Stock Exchange · INKP.JK (IDR) Other OTC · PIKQF (USD)
Description

PT Indah Kiat Pulp & Paper Tbk is a prominent player in the global paper packaging sector. Headquartered in Jakarta, Indonesia, the company extends its operations across numerous regions, including its home country, wider Asia, the United States, Australia, the Middle East, Africa, and Europe. Its business is divided into two primary divisions: the production of cultural paper and pulp, and the manufacturing of industrial paper and tissue goods. The diverse product portfolio encompasses various industrial paper types such as linerboards, corrugating medium, corrugated shipping containers, and boxboards. Additionally, it offers white and brown grade papers, carton boxes, and specialized offset printing services. Beyond its core paper activities, the company also engages in financing, investment, and trading services. Established in 1976, PT Indah Kiat Pulp & Paper Tbk operates as a subsidiary of PT Purinusa Ekapersada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
IDR7,275.00 +200.00 (+2.83%)
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Volume Profile
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Liquidity & share structure
Average Volume
8M
Beta
0.28
Float Shares
2.26B
Free Float %
41.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.29% -6.69% -21.28% -33.84% -12.54% -12.54% +22.80% +5.50% -9.71% +762.36% +729.73%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
7,275.00
DCF (Unlevered) 5,608.74 -22.9%
DCF (Levered) 4,177.41 -42.6%
Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 3 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.61
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Paper, Lumber & Forest Products: +1.0%
    -2.0% Q1'26: +3.5% (vs Q1'25)
  • EPS growth Paper, Lumber & Forest Products: -15.7%
    +5.4% Q1'26: +10.5% (vs Q1'25)
  • FCF margin Paper, Lumber & Forest Products: +0.2%
    +8.2% Q1'26: -2.2% (vs Q1'25)
  • EBIT margin Paper, Lumber & Forest Products: +6.5%
    +21.1% Q1'26: +24.2% (vs Q1'25)
  • ROIC Paper, Lumber & Forest Products: +4.1%
    +6.7% Q1'26: +8.5% (vs Q1'25)
  • Share dilution Paper, Lumber & Forest Products: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Paper, Lumber & Forest Products: 0.63×
    5.38× Q1'26: 4.66× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.41) × ERP
WACC = 33% × Ke + 67% × Kd (6.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 5,608.74 Current price: 7,275.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
3 Rev. Ana.
2 EPS Ana.
Dec 2027
3 Rev. Ana.
2 EPS Ana.
Dec 2028
2 Rev. Ana.
1 EPS Ana.
Revenue
3.13B
est: 3.09B (+1.3%)
3.34B
est: 3.97B (-16.0%)
3.22B
est: 3.15B (+2.3%)
2.99B
est: 2.96B (+1.0%)
3.52B
est: 3.37B (+4.4%)
4.00B
est: 3.78B (+5.9%)
3.48B
est: 192.2K (+1,809,974.8%)
3.20B
est: 3.44B (-7.2%)
3.13B
est: 3.36B (-6.8%)
4.32B
4.05B – 4.72B
+28.7% YoY
4.68B
4.42B – 4.91B
+8.2% YoY
4.76B
4.48B – 5.09B
+1.8% YoY
EBITDA
897.57M
est: 784.96M (+14.3%)
1.19B
est: 1.01B (+17.5%)
570.47M
est: 800.98M (-28.8%)
544.96M
est: 751.63M (-27.5%)
871.03M
est: 856.97M (+1.6%)
1.15B
est: 961.50M (+19.5%)
1.02B
est: 57.6K (+1,761,820.2%)
839.22M
est: 1.03B (-18.7%)
878.05M
est: 1.01B (-12.8%)
1.30B
1.21B – 1.42B
+28.7% YoY
1.40B
1.33B – 1.47B
+8.2% YoY
1.43B
1.34B – 1.53B
+1.8% YoY
EBIT
602.69M
est: 735.64M (-18.1%)
894.05M
est: 946.61M (-5.6%)
560.37M
est: 750.65M (-25.3%)
531.33M
est: 704.40M (-24.6%)
858.24M
est: 803.12M (+6.9%)
1.14B
est: 901.08M (+26.3%)
787.73M
est: 47.1K (+1,672,600.8%)
827.76M
est: 843.40M (-1.9%)
661.75M
est: 823.29M (-19.6%)
1.06B
992.16M – 1.16B
+28.7% YoY
1.15B
1.08B – 1.20B
+8.2% YoY
1.17B
1.10B – 1.25B
+1.8% YoY
Net Income
413.21M
est: 402.55M (+2.6%)
588.13M
est: 709.64M (-17.1%)
274.37M
est: 376.50M (-27.1%)
294.05M
est: 369.81M (-20.5%)
526.36M
est: 382.97M (+37.4%)
857.51M
est: 432.05M (+98.5%)
411.46M
est: 25.7K (+1,599,487.9%)
424.31M
est: 408.25M (+3.9%)
447.78M
est: 385.26M (+16.2%)
581.36M
518.13M – 644.59M
+50.9% YoY
724.82M
619.32M – 830.33M
+24.7% YoY
806.70M
740.17M – 873.22M
+11.3% YoY
SGA
211.51M
est: 273.03M (-22.5%)
220.11M
est: 351.33M (-37.3%)
228.40M
est: 278.60M (-18.0%)
241.72M
est: 261.43M (-7.5%)
298.67M
est: 298.07M (+0.2%)
363.84M
est: 334.43M (+8.8%)
338.45M
est: 18.1K (+1,873,527.1%)
282.03M
est: 323.51M (-12.8%)
340.04M
est: 315.80M (+7.7%)
406.32M
380.58M – 443.69M
+28.7% YoY
439.66M
415.81M – 461.15M
+8.2% YoY
447.60M
421.40M – 478.56M
+1.8% YoY
EPS
0.08
est: 0.07 (+2.6%)
0.11
est: 0.13 (-15.2%)
0.05
est: 0.07 (-27.1%)
0.05
est: 0.07 (-20.4%)
0.10
est: 0.07 (+37.4%)
0.16
est: 0.08 (+97.4%)
0.08
est: 0.00 (+1,599,301.8%)
0.08
est: 0.07 (+4.7%)
0.08
est: 0.07 (+17.0%)
0.11
0.09 – 0.12
+55.2% YoY
0.13
0.11 – 0.15
+24.2% YoY
0.15
0.14 – 0.16
+8.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 4/5 4/5 4/5 1/5 3/5 5/5
2026-05-26 A- 4/5 4/5 4/5 4/5 1/5 3/5 5/5
2026-05-25 A- 4/5 4/5 4/5 4/5 1/5 3/5 5/5
2026-05-22 A- 4/5 4/5 4/5 4/5 1/5 3/5 5/5
2026-05-21 A- 4/5 4/5 4/5 4/5 1/5 3/5 5/5
2026-05-20 A- 4/5 4/5 4/5 4/5 1/5 3/5 5/5
2026-05-19 A- 4/5 4/5 4/5 4/5 1/5 3/5 5/5
2026-05-18 A- 4/5 4/5 4/5 4/5 1/5 3/5 5/5
2026-05-13 A- 4/5 4/5 4/5 4/5 1/5 3/5 5/5
2026-05-12 A- 4/5 4/5 4/5 4/5 1/5 3/5 5/5
2026-05-11 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-05-08 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-05-07 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-05-06 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-05-05 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-05-04 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-04-30 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-04-29 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-04-28 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-04-27 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-04-24 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-04-23 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-04-22 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-04-21 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-04-20 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-04-17 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-04-16 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-04-15 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-04-14 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-04-13 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5
2026-04-10 A 4/5 4/5 4/5 5/5 1/5 3/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
791.11B
OE per share TTM
144.61
Owner's Yield
1.88%
Maintenance CapEx ratio
95.96%
Maint CapEx / Avg PPE
125.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
60.2K
Shares Outstanding
5.47B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Antonius Kurniawan Lokananta Head of Internal Audit male
Hendra Jaya Kosasih President Director male
Heri Santoso Director & Corporate Secretary male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits