PT FKS Multi Agro Tbk (FISH.JK) Stock Analysis & Winston Score
PT FKS Multi Agro Tbk is an Indonesian company that distributes food and agricultural commodities. Its core business involves trading and distributing products like animal feed ingredients, grains, and other food commodities to farmers, feed mills, and food manufacturers across Indonesia. It operates in the consumer staples and food distribution industry, serving as an important link in Indonesia's agricultural supply chain. The company makes money by buying commodities in bulk and selling them to business customers, earning a small margin on each transaction — which explains its thin gross margin of around 5.7%. It operates primarily in Indonesia, one of Southeast Asia's largest agricultural markets, and its scale and supplier relationships give it some competitive advantage in sourcing and logistics. The main risk the business faces is margin pressure, since commodity price swings can easily squeeze profits when buying and selling prices move against the company.
Winston Score: 41/100 — Average
Mixed quality — meaningful strengths and weaknesses.
- Quality: Weak (4/30)
- Growth: Mixed (7/20)
- Cash Flow: Strong (7/10)
- Stability: Good (5/10)
- Valuation: Mixed (4/10)
- Ownership: Good (10/15)
Key Facts
Price: 605.00 IDR
Market Cap: 2.90T IDR
Sector: Consumer Defensive
Industry: Food Distribution
Exchange: Indonesia Stock Exchange


