BOBA:CRYPTOCAPMarket Cap BOBA, $ Analysis

PT Formosa Ingredient Factory Tbk (BOBA.JK) is trading at its 156 IDR support level, well below the 20‑day (175.7), 50‑day (179.2) and 200‑day (182.6) SMAs, indicating a pronounced bearish price trend. Technical signals reinforce this view: the 14‑day RSI sits at 28, suggesting the stock is oversold, while the MACD line is negative and its histogram remains in bearish territory. Volume is increasing, which could provide the momentum needed for a short‑term bounce, but the 30‑day volatility of ~36% and a max drawdown of nearly 31% highlight sizable price swings. On the fundamentals side, the company posts a healthy 7.9% revenue growth, solid gross (32%) and operating (22%) margins, and a low PE of 9.2, positioning it well below its DCF‑derived fair value of 173 IDR. The balance sheet is strong with a debt‑to‑equity of 0.19, ample cash (16.3 bn IDR), and a generous dividend yield of 4.49%, suggesting dividend sustainability. Overall, while the short‑term chart remains bearish, the valuation gap, defensive consumer sector positioning, and robust cash flow make BOBA an attractive value play with upside potential toward its fair value.