AKR Corporindo Targets 7–10% Profit Growth in 2026, Stock Valuation Signals Upside

JAKARTA, Investortrust.id — PT AKR Corporindo Tbk or AKRA targets profit growth of 7 to 10 percent in 2026 in Jakarta on Saturday, Jan 17, 2026 as its core trading and logistics business expands and industrial land sales add incremental earnings, a strategy expected to sustain shareholder returns. The company planned Rp 1.2 trillion in capital expenditure to support terminal expansion, fleet additions, and distribution capacity, reinforcing its long term earnings base.

The company said core business growth was projected at 4 to 6 percent, while industrial estate land sales of around 90 to 100 hectares were expected to provide additional profit contributions. Management framed the outlook as conservative amid volatile global energy markets and domestic fuel demand normalization.

Capital spending was allocated mainly for tank terminal expansion in Morowali, Sragen, and Palaran, alongside new vessels and trucking units to strengthen fuel and chemical distribution networks. The investment aimed to improve operational efficiency and capture rising industrial demand outside Java.

AKRA also reiterated its commitment to a dividend payout ratio of 70 to 90 percent, implying an estimated dividend yield of around 6 to 8 percent based on current prices. The policy was intended to balance growth investment with stable cash returns to shareholders.

Separately, the company continued the reallocation of treasury shares through its Management and Employee Stock Ownership Program, following approval at the April 29, 2024 annual shareholders meeting. After two implementation phases, a total of 273.7 million buyback shares remained undistributed, including those allocated for future MESOP stages.

Valuation Perspective

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A research note from Mandiri Sekuritas maintained a buy recommendation on AKRA with a target price of Rp 1,600 per share, citing earnings visibility, disciplined capital allocation, and dividend certainty. The brokerage highlighted the company’s strong balance sheet and resilient cash flow profile as key support factors.

Based on Investing.com data, AKRA was trading around Rp 1,250 per share, below its estimated fair value average of approximately Rp 1,481, implying potential upside of about 18.5 percent. Analyst target prices compiled by the platform ranged roughly between Rp 1,380 and Rp 1,850, while valuation models suggested a broad intrinsic value band reflecting low uncertainty and stable fundamentals.