View ValuationPT. Mitra Adiperkasa 향후 성장Future 기준 점검 2/6PT. Mitra Adiperkasa (는) 각각 연간 10.9% 및 7.2% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 10.3% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 16.3% 로 예상됩니다.핵심 정보10.9%이익 성장률10.33%EPS 성장률Multiline Retail 이익 성장4.5%매출 성장률7.2%향후 자기자본이익률16.26%애널리스트 커버리지Good마지막 업데이트25 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 20No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Independent President Commissioner Sri Hadiputranto was the last independent director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • May 19PT. Mitra Adiperkasa Tbk, Annual General Meeting, Jun 24, 2026PT. Mitra Adiperkasa Tbk, Annual General Meeting, Jun 24, 2026.공시 • May 09Pacific Universal Investments Pte. Ltd. completed the acquisition of 51% stake in PT. Mitra Adiperkasa Tbk (IDX:MAPI) from PT Satya Mulia Gema Gemilang for approximately IDR 11 trillion.Pacific Universal Investments Pte. Ltd. agreed to acquire an unknown minority stake in PT. Mitra Adiperkasa Tbk (IDX:MAPI) from PT Satya Mulia Gema Gemilang on August 12, 2025. The Philippine Competition Commission has cleared the proposed acquisition. Pacific Universal Investments Pte. Ltd. completed the acquisition of 51% stake in PT. Mitra Adiperkasa Tbk (IDX:MAPI) from PT Satya Mulia Gema Gemilang for approximately IDR 11 trillion on May 8, 2026. According to the terms of consideration Pacific Universal Investments Pte. Ltd. will pay IDR 11.81 trillion based on per share price of IDR 1395. Upon completion of the transaction, Pacific Universal Investments Pte. Ltd.has officially become the new controlling shareholder of the Company.공시 • Jul 03PT. Mitra Adiperkasa Tbk announces Annual dividend, payable on August 01, 2025PT. Mitra Adiperkasa Tbk announced Annual dividend of IDR 10.0000 per share payable on August 01, 2025, ex-date on July 09, 2025 and record date on July 10, 2025.공시 • May 22PT. Mitra Adiperkasa Tbk, Annual General Meeting, Jun 30, 2025PT. Mitra Adiperkasa Tbk, Annual General Meeting, Jun 30, 2025.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: Rp24.60 (vs Rp26.91 in 3Q 2023)Third quarter 2024 results: EPS: Rp24.60 (down from Rp26.91 in 3Q 2023). Revenue: Rp9.62t (up 17% from 3Q 2023). Net income: Rp400.6b (down 10.0% from 3Q 2023). Profit margin: 4.2% (down from 5.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 34% per year.Buy Or Sell Opportunity • Sep 10Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to €0.086. The fair value is estimated to be €0.068, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: Rp28.94 (vs Rp38.66 in 2Q 2023)Second quarter 2024 results: EPS: Rp28.94 (down from Rp38.66 in 2Q 2023). Revenue: Rp9.21t (up 13% from 2Q 2023). Net income: Rp485.3b (down 24% from 2Q 2023). Profit margin: 5.3% (down from 7.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 43% per year.Declared Dividend • Jul 05Dividend of Rp8.00 announcedShareholders will receive a dividend of Rp8.00. Ex-date: 8th July 2024 Payment date: 30th July 2024 Dividend yield will be 11,429%, which is higher than the industry average of 1.9%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 45%.공시 • May 24PT. Mitra Adiperkasa Tbk, Annual General Meeting, Jun 27, 2024PT. Mitra Adiperkasa Tbk, Annual General Meeting, Jun 27, 2024.Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: Rp25.00 (vs Rp24.46 in 1Q 2023)First quarter 2024 results: EPS: Rp25.00 (up from Rp24.46 in 1Q 2023). Revenue: Rp8.79t (up 18% from 1Q 2023). Net income: Rp414.0b (up 2.3% from 1Q 2023). Profit margin: 4.7% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 30Full year 2023 earnings released: EPS: Rp114 (vs Rp128 in FY 2022)Full year 2023 results: EPS: Rp114 (down from Rp128 in FY 2022). Revenue: Rp33t (up 24% from FY 2022). Net income: Rp1.89t (down 10% from FY 2022). Profit margin: 5.7% (down from 7.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: Rp26.88 (vs Rp28.14 in 3Q 2022)Third quarter 2023 results: EPS: Rp26.88 (down from Rp28.14 in 3Q 2022). Revenue: Rp8.20t (up 25% from 3Q 2022). Net income: Rp445.1b (down 4.4% from 3Q 2022). Profit margin: 5.4% (down from 7.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 30Second quarter 2023 earnings released: EPS: Rp38.51 (vs Rp31.34 in 2Q 2022)Second quarter 2023 results: EPS: Rp38.51 (up from Rp31.34 in 2Q 2022). Revenue: Rp8.13t (up 23% from 2Q 2022). Net income: Rp639.5b (up 23% from 2Q 2022). Profit margin: 7.9% (up from 7.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 27Upcoming dividend of Rp8.00 per shareEligible shareholders must have bought the stock before 04 July 2023. Payment date: 21 July 2023. The company last paid an ordinary dividend in November 2012. The average dividend yield among industry peers is 1.3%.Reported Earnings • May 03First quarter 2023 earnings released: EPS: Rp24.00 (vs Rp31.01 in 1Q 2022)First quarter 2023 results: EPS: Rp24.00 (down from Rp31.01 in 1Q 2022). Revenue: Rp7.46t (up 33% from 1Q 2022). Net income: Rp404.6b (down 21% from 1Q 2022). Profit margin: 5.4% (down from 9.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 31Full year 2022 earnings released: EPS: Rp128 (vs Rp26.54 in FY 2021)Full year 2022 results: EPS: Rp128 (up from Rp26.54 in FY 2021). Revenue: Rp27t (up 46% from FY 2021). Net income: Rp2.11t (up 381% from FY 2021). Profit margin: 7.8% (up from 2.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent President Commissioner Indrastuti Hadiputranto was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Vice President Commissioner Gusti Bendoro Pangeran Haryo Prabukusumo was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 13Full year 2021 earnings released: EPS: Rp27.00 (vs Rp33.48 loss in FY 2020)Full year 2021 results: EPS: Rp27.00 (up from Rp33.48 loss in FY 2020). Revenue: Rp18t (up 24% from FY 2020). Net income: Rp438.9b (up Rp992.6b from FY 2020). Profit margin: 2.4% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 25%, compared to a 7.8% growth forecast for the retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS Rp14.85 (vs Rp25.15 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Rp4.82t (up 130% from 2Q 2020). Net income: Rp245.6b (up Rp661.6b from 2Q 2020). Profit margin: 5.1% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.Reported Earnings • May 16First quarter 2021 earnings released: EPS Rp1.58 (vs Rp0.49 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: Rp4.31t (down 8.7% from 1Q 2020). Net income: Rp26.1b (up 223% from 1Q 2020). Profit margin: 0.6% (up from 0.2% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 29Third quarter 2020 earnings released: Rp12.34 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: Rp3.38t (down 37% from 3Q 2019). Net loss: Rp197.4b (down 238% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.이익 및 매출 성장 예측DB:QGI - 애널리스트 향후 추정치 및 과거 재무 데이터 (IDR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202856,450,7253,321,0163,109,0005,297,500512/31/202750,849,5952,686,9774,748,5005,021,2631312/31/202646,104,6552,327,5513,901,0005,020,500113/31/202646,065,9452,386,9295,168,3177,124,767N/A12/31/202543,083,2082,231,1563,987,7265,817,328N/A9/30/202540,266,5871,842,4343,209,7955,120,925N/A6/30/202539,413,8421,829,2063,502,9605,405,340N/A3/31/202538,357,2181,825,8893,786,8775,758,395N/A12/31/202437,835,8911,767,6173,741,9245,979,961N/A9/30/202437,142,3851,777,4861,340,1313,817,206N/A6/30/202435,717,5221,777,754-154,6762,406,533N/A3/31/202434,644,8241,916,766-268,9772,193,522N/A12/31/202333,318,8111,893,549-99,9851,949,905N/A9/30/202331,908,6551,966,9651,866,0143,425,233N/A6/30/202330,283,9702,031,4802,289,4033,554,989N/A3/31/202328,766,4611,925,4862,834,8353,903,371N/A12/31/202226,937,3402,117,8803,164,7024,094,761N/A9/30/202225,164,5102,070,5713,990,5834,754,954N/A6/30/202221,537,0091,250,0013,590,2294,183,848N/A3/31/202219,744,066977,2562,704,7893,220,675N/A12/31/202118,423,803420,1762,635,6223,034,919N/A9/30/202116,712,116-31,8331,871,1512,173,641N/A6/30/202117,160,218125,9301,590,6321,866,659N/A3/31/202114,438,552-535,7071,515,4151,739,111N/A12/31/202014,847,398-553,716977,1891,346,711N/A9/30/202016,443,201-314,681714,1171,297,119N/A6/30/202018,442,92826,239620,0111,314,739N/A3/31/202021,679,142803,3111,039,5051,945,868N/A12/31/201921,637,309933,493N/A2,550,467N/A9/30/201920,503,308821,000N/A2,089,127N/A6/30/201919,844,872845,430N/A1,779,358N/A3/31/201919,284,404522,896N/A1,412,517N/A12/31/201818,921,123735,829N/A1,583,681N/A9/30/201818,449,580643,827N/A1,635,496N/A6/30/201817,684,915549,346N/A1,514,146N/A3/31/201817,005,207627,228N/A1,519,594N/A12/31/201716,305,733334,651N/A1,360,141N/A9/30/201715,543,423336,676N/A1,297,119N/A6/30/201715,202,289337,196N/A1,931,255N/A3/31/201714,599,499251,731N/A1,322,820N/A12/31/201614,149,615208,476N/A1,228,390N/A9/30/201613,721,748130,262N/A796,475N/A6/30/201613,391,10450,286N/A608,235N/A3/31/201613,035,07140,414N/A330,716N/A12/31/201512,832,79837,334N/A255,097N/A9/30/201512,559,088-9,677N/A246,792N/A6/30/201512,422,2448,771N/A-33,655N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: QGI 의 연간 예상 수익 증가율(10.9%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: QGI 의 연간 수익(10.9%)이 German 시장(17.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: QGI 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: QGI 의 수익(연간 7.2%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: QGI 의 수익(연간 7.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: QGI의 자본 수익률은 3년 후 16.3%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YRetail 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 22:30종가2026/05/25 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스PT. Mitra Adiperkasa Tbk는 26명의 분석가가 다루고 있습니다. 이 중 13명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Paul Robert DewberryBofA Global ResearchBaruna ArkasatyoCGS InternationalLakshmi RowterCitigroup Inc23명의 분석가 더 보기
Board Change • May 20No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Independent President Commissioner Sri Hadiputranto was the last independent director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • May 19PT. Mitra Adiperkasa Tbk, Annual General Meeting, Jun 24, 2026PT. Mitra Adiperkasa Tbk, Annual General Meeting, Jun 24, 2026.
공시 • May 09Pacific Universal Investments Pte. Ltd. completed the acquisition of 51% stake in PT. Mitra Adiperkasa Tbk (IDX:MAPI) from PT Satya Mulia Gema Gemilang for approximately IDR 11 trillion.Pacific Universal Investments Pte. Ltd. agreed to acquire an unknown minority stake in PT. Mitra Adiperkasa Tbk (IDX:MAPI) from PT Satya Mulia Gema Gemilang on August 12, 2025. The Philippine Competition Commission has cleared the proposed acquisition. Pacific Universal Investments Pte. Ltd. completed the acquisition of 51% stake in PT. Mitra Adiperkasa Tbk (IDX:MAPI) from PT Satya Mulia Gema Gemilang for approximately IDR 11 trillion on May 8, 2026. According to the terms of consideration Pacific Universal Investments Pte. Ltd. will pay IDR 11.81 trillion based on per share price of IDR 1395. Upon completion of the transaction, Pacific Universal Investments Pte. Ltd.has officially become the new controlling shareholder of the Company.
공시 • Jul 03PT. Mitra Adiperkasa Tbk announces Annual dividend, payable on August 01, 2025PT. Mitra Adiperkasa Tbk announced Annual dividend of IDR 10.0000 per share payable on August 01, 2025, ex-date on July 09, 2025 and record date on July 10, 2025.
공시 • May 22PT. Mitra Adiperkasa Tbk, Annual General Meeting, Jun 30, 2025PT. Mitra Adiperkasa Tbk, Annual General Meeting, Jun 30, 2025.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: Rp24.60 (vs Rp26.91 in 3Q 2023)Third quarter 2024 results: EPS: Rp24.60 (down from Rp26.91 in 3Q 2023). Revenue: Rp9.62t (up 17% from 3Q 2023). Net income: Rp400.6b (down 10.0% from 3Q 2023). Profit margin: 4.2% (down from 5.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 34% per year.
Buy Or Sell Opportunity • Sep 10Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to €0.086. The fair value is estimated to be €0.068, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: Rp28.94 (vs Rp38.66 in 2Q 2023)Second quarter 2024 results: EPS: Rp28.94 (down from Rp38.66 in 2Q 2023). Revenue: Rp9.21t (up 13% from 2Q 2023). Net income: Rp485.3b (down 24% from 2Q 2023). Profit margin: 5.3% (down from 7.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 43% per year.
Declared Dividend • Jul 05Dividend of Rp8.00 announcedShareholders will receive a dividend of Rp8.00. Ex-date: 8th July 2024 Payment date: 30th July 2024 Dividend yield will be 11,429%, which is higher than the industry average of 1.9%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 45%.
공시 • May 24PT. Mitra Adiperkasa Tbk, Annual General Meeting, Jun 27, 2024PT. Mitra Adiperkasa Tbk, Annual General Meeting, Jun 27, 2024.
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: Rp25.00 (vs Rp24.46 in 1Q 2023)First quarter 2024 results: EPS: Rp25.00 (up from Rp24.46 in 1Q 2023). Revenue: Rp8.79t (up 18% from 1Q 2023). Net income: Rp414.0b (up 2.3% from 1Q 2023). Profit margin: 4.7% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 30Full year 2023 earnings released: EPS: Rp114 (vs Rp128 in FY 2022)Full year 2023 results: EPS: Rp114 (down from Rp128 in FY 2022). Revenue: Rp33t (up 24% from FY 2022). Net income: Rp1.89t (down 10% from FY 2022). Profit margin: 5.7% (down from 7.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: Rp26.88 (vs Rp28.14 in 3Q 2022)Third quarter 2023 results: EPS: Rp26.88 (down from Rp28.14 in 3Q 2022). Revenue: Rp8.20t (up 25% from 3Q 2022). Net income: Rp445.1b (down 4.4% from 3Q 2022). Profit margin: 5.4% (down from 7.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 30Second quarter 2023 earnings released: EPS: Rp38.51 (vs Rp31.34 in 2Q 2022)Second quarter 2023 results: EPS: Rp38.51 (up from Rp31.34 in 2Q 2022). Revenue: Rp8.13t (up 23% from 2Q 2022). Net income: Rp639.5b (up 23% from 2Q 2022). Profit margin: 7.9% (up from 7.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 27Upcoming dividend of Rp8.00 per shareEligible shareholders must have bought the stock before 04 July 2023. Payment date: 21 July 2023. The company last paid an ordinary dividend in November 2012. The average dividend yield among industry peers is 1.3%.
Reported Earnings • May 03First quarter 2023 earnings released: EPS: Rp24.00 (vs Rp31.01 in 1Q 2022)First quarter 2023 results: EPS: Rp24.00 (down from Rp31.01 in 1Q 2022). Revenue: Rp7.46t (up 33% from 1Q 2022). Net income: Rp404.6b (down 21% from 1Q 2022). Profit margin: 5.4% (down from 9.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 31Full year 2022 earnings released: EPS: Rp128 (vs Rp26.54 in FY 2021)Full year 2022 results: EPS: Rp128 (up from Rp26.54 in FY 2021). Revenue: Rp27t (up 46% from FY 2021). Net income: Rp2.11t (up 381% from FY 2021). Profit margin: 7.8% (up from 2.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent President Commissioner Indrastuti Hadiputranto was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Vice President Commissioner Gusti Bendoro Pangeran Haryo Prabukusumo was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 13Full year 2021 earnings released: EPS: Rp27.00 (vs Rp33.48 loss in FY 2020)Full year 2021 results: EPS: Rp27.00 (up from Rp33.48 loss in FY 2020). Revenue: Rp18t (up 24% from FY 2020). Net income: Rp438.9b (up Rp992.6b from FY 2020). Profit margin: 2.4% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 25%, compared to a 7.8% growth forecast for the retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS Rp14.85 (vs Rp25.15 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Rp4.82t (up 130% from 2Q 2020). Net income: Rp245.6b (up Rp661.6b from 2Q 2020). Profit margin: 5.1% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 16First quarter 2021 earnings released: EPS Rp1.58 (vs Rp0.49 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: Rp4.31t (down 8.7% from 1Q 2020). Net income: Rp26.1b (up 223% from 1Q 2020). Profit margin: 0.6% (up from 0.2% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 29Third quarter 2020 earnings released: Rp12.34 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: Rp3.38t (down 37% from 3Q 2019). Net loss: Rp197.4b (down 238% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.