CPIN:IDXPT Charoen Pokphand Indonesia Tbk Analysis

CPIN is trading at IDR 3,410, well under its 20‑day SMA of 3,877, 50‑day SMA of 4,091 and 200‑day SMA of 4,420, signaling a bearish technical backdrop. The RSI sits at 35.9, hinting at oversold conditions, while the MACD line remains negative and the histogram deepens, reinforcing short‑term downside pressure. Volatility is elevated at nearly 59% over the past month, though the beta of 0.30 suggests limited market‑wide correlation. Support sits around 3,080 and resistance near 4,520, with volume trending upward.
Fundamentally, the company posted 12.7% revenue growth, robust ROE of 19.5% and ROA of 12.8%, and a healthy operating margin of 17.2%. Cash balances exceed debt, and the dividend yield of 5.28% is backed by a modest 26% payout ratio, indicating sustainability. The DCF fair‑value estimate of roughly IDR 3,500 is marginally above the current price, while analyst targets average IDR 5,400, implying upside potential of over 50%. The consensus rating is "strong buy," reflecting confidence in the defensive farm‑products sector and the company’s cash‑generating capacity.