Estimates

Source: S&P Capital IQ consensus via Xpressfeed · Generated 2026-07-29.

FY2027 EPS estimates are down 3.1% over 180 days while revenue estimates rose 2.9%

FY2028 carries the same split over 90 days — revenue +2.1%, normalized EPS -2.9%. Neither line has moved at all in the last 30 days, so this is a one-to-six-month-old revision rather than a fresh one. The feed has no 180-day mark for FY2028.

Currency: IDR · Scale: money in millions, billions, absolute · Point-in-time consensus; Δ90d is Now versus 90d.

Metric	FY	180d	90d	30d	Now	Δ90d
EPS (normalized)	FY2027	IDR 93.55	IDR 91.24	IDR 90.63	IDR 90.63	-0.7%
EPS (normalized)	FY2028	—	IDR 107.0	IDR 103.9	IDR 103.9	-2.9%
Revenue	FY2027	IDR 83,927	IDR 85,029	IDR 86,373	IDR 86,373	+1.6%
Revenue	FY2028	—	IDR 96,490	IDR 98,540	IDR 98,540	+2.1%

Consensus has normalized EPS growing faster than revenue in each of the next three years

Currency: IDR · Scale: money in millions, billions, absolute · YoY uses the prior fiscal year from the feed; analyst count and range use the first displayed period.

Metric	FY2025A	FY2026E	FY2027E	FY2028E	YoY	Analysts	Low / high
Revenue	IDR 72,064	IDR 80,171	IDR 86,373	IDR 98,540	—	7	IDR 70,584 / IDR 73,163
EBITDA	IDR 2,826	IDR 3,266	IDR 3,691	IDR 4,021	—	4	IDR 2,346 / IDR 3,221
EPS (normalized)	IDR 69.56	IDR 79.58	IDR 90.63	IDR 103.9	—	6	IDR 62.00 / IDR 73.27
Gross margin	11.3%	11.3%	11.4%	11.5%	—	—	—
Dividend per share	IDR 21.90	IDR 23.20	IDR 26.87	IDR 30.20	—	—	—

Beat / miss record

Current sequences by metric: Revenue: 1 consecutive miss.

Currency: IDR · Scale: money in millions, billions, absolute · Consensus is captured before each actual first became effective.

Quarter	Metric	Consensus	Actual	Surprise	Outcome
Q1 FY2026	Revenue	IDR 23,893	IDR 22,413	-6.2%	Miss
Q4 FY2025	Revenue	IDR 20,798	IDR 24,243	+16.6%	Beat
Q3 FY2025	Revenue	IDR 17,151	IDR 17,318	+1.0%	Beat
Q1 FY2025	Revenue	IDR 17,217	IDR 15,882	-7.8%	Miss
Q4 FY2024	Revenue	IDR 17,123	IDR 16,672	-2.6%	Miss
Q4 FY2023	Revenue	IDR 17,076	IDR 17,323	+1.4%	Beat
Q4 FY2022	Revenue	IDR 13,196	IDR 14,531	+10.1%	Beat

Three analysts put FY2028 EBITDA anywhere from 3,306 to 5,156

The FY2027 revenue and normalized EPS ranges each carry seven estimates and are the most informative disagreement on this page. The FY2028 EBITDA range is the widest but rests on three models, which makes it thin coverage more than a settled debate.

Currency: IDR · Scale: money in millions, billions, absolute · Spread/mean is absolute high-low divided by absolute mean.

Metric	Period	Mean	Low–high	Spread/mean	Analysts
Revenue	FY2027E	IDR 86,373	IDR 77,003–IDR 93,315	18.9%	7
EPS (normalized)	FY2027E	IDR 90.63	IDR 84.00–IDR 101.1	18.8%	7
EBITDA	FY2027E	IDR 3,691	IDR 3,045–IDR 4,352	35.4%	4
EBITDA	FY2028E	IDR 4,021	IDR 3,306–IDR 5,156	46.0%	3

Six buys, one outperform, one hold — and price targets from 400 to 680

The mean target of 504.3 sits above the median of 450, so the distribution is pulled by its high end rather than centred on it. Seven analysts contribute targets and no analyst carries a sell or underperform rating. This source has no market price, so none of this reads as upside.

Currency: IDR · Scale: money in millions, billions, absolute · Analyst counts shown explicitly.

Street view	Reading	Analysts
Recommendation mix	Buy 6, Outperform 1, Hold 1, Underperform 0, Sell 0	8
Consensus score	1.38	8
Target price	mean IDR 504.3; median IDR 450.0; high IDR 680.0; low IDR 400.0	7

Coverage caution: FY2028 rests on three analysts, and several lines carry no count at all

FY2028 revenue, GAAP net income and EBITDA each rest on three estimates and normalized EPS on four, against six or seven on the FY2026 and FY2027 revenue and EPS lines. Free cash flow, capex, cash from operations, net debt and ROE are supplied as a mean only, with no analyst count and no range, so their moves cannot be sized for breadth or dispersion.