Japfa sells Vaksindo for IDR 1.81 trillion. UOB targets Japfa Comfeed Indonesia stock
Published on 10/16/2026 at 09:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAgribusiness capital and targets
- Japfa sold Vaksindo for IDR 1.81 trillion on September 29, 2026.
- Revenue reached IDR 17.64 trillion in the second quarter of 2026.
- Japfa Comfeed Indonesia stock was last at IDR 1,760.00 on October 16, 2026, below its IDR 2,970.00 52-week high.
- UOB maintained an IDR 2,900.00 target on October 6, 2026.
Japfa Comfeed Indonesia sold Vaksindo and related businesses for IDR 1.81 trillion on September 29, 2026, a transaction CNBC Indonesia reported on October 2, 2026. The sale covered 31,000 shares, representing the entire issued capital of Vaksindo, and included businesses in India and Vietnam.
The transaction gives Japfa capital to reinforce feed milling, integrated poultry farming, aquaculture and downstream food processing. Management said the divestment would sharpen its focus on core agribusiness and provide a source of capital expenditure funding, according to CNBC Indonesia.
What does the sale mean for capital?
The IDR 1.81 trillion proceeds matter because Japfa carried IDR 16.27 trillion of total debt at June 30, 2026, while cash stood at IDR 2.60 trillion. The balance sheet therefore makes reinvestment and debt management central to the market response.
Quarterly figures set the baseline
Investing.com reported second-quarter 2026 revenue of IDR 17.64 trillion and net income of IDR 659.01 billion. Revenue exceeded first-quarter 2026 revenue of IDR 17.71 trillion only marginally, while net income fell from IDR 1.82 trillion, making margin execution a key issue for the next update.
Chronology gives the stock story a clear sequence: Japfa reported second-quarter 2026 revenue of IDR 17.64 trillion for the period ended June 30, 2026; the Vaksindo sale was signed on September 29, 2026 for IDR 1.81 trillion; and UOB Kay Hian maintained a Buy rating and an IDR 2,900.00 target on October 6, 2026.
How does the target frame valuation?
UOB's IDR 2,900.00 target rests on an expected third-quarter 2026 profit improvement as poultry prices recover. The report also cited new plants in Boyolali and Wonoayu and a mega slaughterhouse in Nganjuk planned by the end of 2026. The target places the analyst view above the latest market quote, but the next earnings update must show whether higher poultry prices offset feed costs.
Price stays below the yearly high
Japfa Comfeed Indonesia was last at IDR 1,760.00 on the Indonesia Stock Exchange on October 16, 2026 at 2:27 p.m. WIB. The quote sits below the IDR 2,970.00 52-week high, while the sale and the UOB target leave investors weighing capital allocation against earnings delivery.
Japfa Comfeed Indonesia stock facts
- Company: PT Japfa Comfeed Indonesia Tbk
- ISIN: ID1000126907
- Ticker: JPFA
- Primary exchange: Indonesia Stock Exchange
- Primary exchange price (as of October 16, 2026, 2:27 p.m. WIB): IDR 1,760.00
- Market capitalization: IDR 20.6 trillion (as of October 16, 2026)
- 52-week range: IDR 1,750.00-IDR 2,970.00 (as of October 16, 2026)
- Sector / Industry: Consumer Defensive / Agricultural Farm Products
Market context: Latest market reports.
