Indonesian Retail Potentially Undervalued Companies

Sinar Eka Selaras

Market Cap: Rp1.5t

Distributes and retails lifestyle products and solutions of various brands in Indonesia.

Omni Inovasi Indonesia

Market Cap: Rp65.8b

Engages in the trading of telecommunication equipment in Indonesia.

Catur Sentosa Adiprana

Market Cap: Rp1.5t

Through its subsidiaries, distributes building materials, chemicals, and consumer products in Indonesia.

Erajaya Swasembada

Market Cap: Rp5.9t

Engages in the distribution and retail of mobile telecommunication devices in Indonesia, Singapore, Malaysia, and internationally.

Ramayana Lestari Sentosa

Market Cap: Rp2.3t

Operates a chain of department stores in Indonesia.

Mega Perintis

Market Cap: Rp297.6b

Engages in the manufacturing and retailing of men’s apparel in Indonesia.

MDS Retailing

Market Cap: Rp3.6t

Operates a broader retail network that develops and operates multiple brands and concepts.

Aspirasi Hidup Indonesia

Market Cap: Rp6.0t

Engages in the retail of home improvement products in Indonesia.

Putra Mandiri Jembar

Market Cap: Rp1.6t

Through its subsidiaries, engages in the car dealership business in Indonesia.

Map Aktif Adiperkasa

Market Cap: Rp18.2t

Operates as a sporting goods retailer in Indonesia.

Daya Intiguna Yasa

Market Cap: Rp22.3t

Operates as a household appliance, furniture, stationery, electronic, and sport equipment retailer in Indonesia and internationally.

PT. Mitra Adiperkasa

Market Cap: Rp24.8t

Engages in the retail trade of clothing, accessories, bags, and sports equipment in Indonesia, Vietnam, the Philippines, Thailand, and internationally.