Estimates

Source: S&P Capital IQ consensus via Xpressfeed · Generated 2026-07-22.

S&P Capital IQ consensus for PT Mastersystem Infotama is a thin tape — one to two analysts on most lines, all figures in Indonesian rupiah. Over the past three-to-six months the forward marks have been cut: FY2027 revenue is down roughly 11% from its 180-day level and EPS has been trimmed alongside it. The underlying estimates still model steady mid-single-digit revenue growth with profitability compounding a little faster. The three covering analysts remain uniformly constructive — two Buy and one Outperform.

Coverage is thin: one-to-two analysts per line and no captured beat/miss history

FY2025 headline lines carry a single estimate and the forward years just two; FY2029 has only cash-flow marks. With an empty beat/miss record, there is no captured history to judge guidance behavior, so these consensus points should be read as indicative rather than firm.

FY2027 revenue consensus cut ~11% over 180 days, with EPS trimmed alongside

The FY2027 and FY2028 revenue and EPS marks have all stepped down over the past three-to-six months and none has recovered. The downgrade is broad-based rather than a single-metric adjustment.

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

Metric	FY	180d	90d	30d	Now	Δ90d
Revenue	FY2027	IDR 6,828	IDR 6,550	IDR 6,046	IDR 6,046	-7.7%
Revenue	FY2028	—	IDR 6,774	IDR 6,413	IDR 6,413	-5.3%
EPS (normalized)	FY2027	IDR 213.0	IDR 214.3	IDR 199.3	IDR 199.3	-7.0%
EPS (normalized)	FY2028	—	IDR 229.2	IDR 210.1	IDR 210.1	-8.3%

Consensus still models steady mid-single-digit revenue growth with EBITDA outgrowing the top line

EBITDA and normalized EPS are modeled to grow a few points faster than the roughly 6% top line, consistent with modest margin expansion. Every row here rests on just one or two analysts.

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	FY2026E	FY2027E	FY2028E	YoY	Analysts	Low / high
Revenue	IDR 5,704	IDR 6,046	IDR 6,413	+4.6%	2	IDR 5,600 / IDR 5,807
EBITDA	IDR 787.7	IDR 856.7	IDR 927.4	+6.6%	2	IDR 761.4 / IDR 814.0
EPS (normalized)	IDR 183.2	IDR 199.3	IDR 210.1	+4.8%	2	IDR 173.0 / IDR 193.5

Dividend and free cash flow both modeled higher across the forecast

Consensus, mostly a single analyst on these lines, has the dividend rising each year and free cash flow ramping through the window. Treat this as a directional single-source read, not a consensus range.

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	FY2026E	FY2027E	FY2028E	YoY	Analysts	Low / high
Dividend per share	IDR 121.9	IDR 128.7	IDR 140.5	+27.0%	—	—
Free cash flow	IDR 299.90bn	IDR 532.00bn	IDR 566.60bn	+159.7%	—	—
Cash from operations	IDR 493.9	IDR 665.5	IDR 705.3	+166.3%	—	—

Three analysts, all positive: two Buy and one Outperform, targets IDR 1,600-2,000

The bullish tilt is unanimous even as the forward estimates behind it have been trimmed.

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

Street view	Reading	Analysts
Recommendation mix	Buy 2, Outperform 1, Hold 0, Underperform 0, Sell 0	3
Consensus score	1.33	3
Target price	mean IDR 1,767; median IDR 1,700; high IDR 2,000; low IDR 1,600	3