Subscribe

PT Multi Bintang Indonesia Tbk (MLBI.JK)

IDR6,275.00 -50.00 (-0.79%)
ID JKT Consumer Defensive Beverages - Alcoholic
Address Talavera Office Park 12430
Jakarta, ID
CEO Roland Bala
IPO 2002-02-07
ISIN ID1000132806

Explore sections of this company profile

Description

Established in 1929 and based in Jakarta, Indonesia, PT Multi Bintang Indonesia Tbk is a prominent player in the Indonesian beverage sector, manufacturing and distributing both alcoholic and non-alcoholic drinks. The company boasts an extensive product lineup, which includes various beers, ciders, sodas, and carbonated soft drinks, marketed under well-known labels like Heineken, Bintang, Bintang Radler, Strongbow, Bintang Zero, Bintang Crystal, Fayrouz, and Green Sands. In addition to its domestic operations, the firm also engages in exporting its goods. PT Multi Bintang Indonesia Tbk functions as a subsidiary of Heineken International B.V.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
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
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
IDR6,275.00 -50.00 (-0.79%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
354.5K
Beta
0.06
Float Shares
225.05M
Free Float %
10.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.23% -2.44% +3.00% +6.67% +5.73% +5.73% +2.13% -31.03% -31.62% -47.83% +2,554.87%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

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
6,275.00
DCF (Unlevered) 28,962.43 +361.6%
DCF (Levered) 28,139.74 +348.4%
Ratings Trend (MoM) 100% Bullish
Rating 2026-04 Change
Strong Buy 1 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
6.85
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
7 / 10
Strong MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Beverages - Alcoholic: +3.3%
    +4.7% Q1'26: +13.2% (vs Q1'25)
  • EPS growth Beverages - Alcoholic: +10.1%
    +3.6% Q1'26: +18.5% (vs Q1'25)
  • FCF margin Beverages - Alcoholic: +6.4%
    +35.1% Q1'26: +35.7% (vs Q1'25)
  • EBIT margin Beverages - Alcoholic: +12.7%
    +43.3% Q1'26: +38.8% (vs Q1'25)
  • ROIC Beverages - Alcoholic: +8.1%
    +232.1% Q1'26: +208.5% (vs Q1'25)
  • Share dilution Beverages - Alcoholic: +0.4%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Beverages - Alcoholic: 0.08×
    0.06× Q1'26: 0.09× (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 (0.05) × ERP
WACC = 99% × Ke + 1% × Kd (9.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 28,962.43 Current price: 6,275.00
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 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Revenue
3.32T
est: 3.21T (+3.5%)
3.38T
est: 3.39T (-0.3%)
3.54T
est: 3.52T (+0.5%)
3.73T
3.73T – 3.73T
+6.0% YoY
3.99T
3.99T – 3.99T
+7.0% YoY
EBITDA
1.73T
est: 1.58T (+8.9%)
1.49T
est: 1.68T (-10.8%)
1.83T
est: 1.74T (+5.4%)
1.84T
1.84T – 1.84T
+6.0% YoY
1.97T
1.97T – 1.97T
+7.0% YoY
EBIT
1.42T
est: 1.62T (-12.3%)
1.48T
est: 1.72T (-14.0%)
1.53T
est: 1.78T (-14.0%)
1.89T
1.89T – 1.89T
+6.0% YoY
2.02T
2.02T – 2.02T
+7.0% YoY
Net Income
1.07T
est: 1.05T (+1.3%)
1.14T
est: 1.13T (+0.9%)
1.18T
est: 1.13T (+4.7%)
1.21T
1.21T – 1.21T
+7.3% YoY
1.31T
1.31T – 1.31T
+8.0% YoY
SGA
386.77B
est: 454.85B (-15.0%)
405.88B
est: 480.82B (-15.6%)
708.53B
est: 499.38B (+41.9%)
529.14B
529.14B – 529.14B
+6.0% YoY
565.98B
565.98B – 565.98B
+7.0% YoY
EPS
506.02
est: 499.58 (+1.3%)
541.98
est: 537.23 (+0.9%)
561.63
est: 536.63 (+4.7%)
576.02
576.02 – 576.02
+7.3% YoY
622.02
622.02 – 622.02
+8.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-05-26 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-05-25 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-05-22 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-05-21 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-05-20 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-05-19 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-05-18 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-05-13 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-05-12 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-05-11 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-05-08 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-05-07 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-05-06 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-05-05 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-05-04 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-04-30 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-04-29 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-04-28 A 4/5 4/5 5/5 5/5 3/5 4/5 1/5
2026-04-27 A- 4/5 4/5 5/5 5/5 2/5 4/5 1/5
2026-04-24 A- 4/5 4/5 5/5 5/5 2/5 4/5 1/5
2026-04-23 A- 4/5 4/5 5/5 5/5 2/5 4/5 1/5
2026-04-22 A- 4/5 4/5 5/5 5/5 2/5 4/5 1/5
2026-04-21 A- 4/5 4/5 5/5 5/5 2/5 4/5 1/5
2026-04-20 A- 4/5 4/5 5/5 5/5 2/5 4/5 1/5
2026-04-17 A- 4/5 4/5 5/5 5/5 2/5 4/5 1/5
2026-04-16 A- 4/5 4/5 5/5 5/5 2/5 4/5 1/5
2026-04-15 A- 4/5 4/5 5/5 5/5 2/5 4/5 1/5
2026-04-14 A- 4/5 4/5 5/5 5/5 2/5 4/5 1/5
2026-04-13 A- 4/5 4/5 5/5 5/5 2/5 4/5 1/5
2026-04-10 A- 4/5 4/5 5/5 5/5 2/5 4/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.42T
OE per share TTM
675.80
Owner's Yield
11.26%
Maintenance CapEx ratio
4.97%
Maint CapEx / Avg PPE
47.5%

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
3.67B
Shares Outstanding
2.11B

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
Heryatmita Thalib Corporate Secretary female
Ika Noviera Corporate Affairs Director female
Joerg Gruetzmacher Supply Chain Director male
Raditya Capelle Head of Internal Audit male
Roland Bala MD & President Director male
Stephanie Yolande Peregrin Finance Director & Director female
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

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits