Reported Earnings • May 05
First quarter 2026 earnings released: EPS: Rp1.75 (vs Rp6.86 in 1Q 2025) First quarter 2026 results: EPS: Rp1.75 (down from Rp6.86 in 1Q 2025). Revenue: Rp329.7b (up 35% from 1Q 2025). Net income: Rp1.05b (down 74% from 1Q 2025). Profit margin: 0.3% (down from 1.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Apr 17
President Director recently bought Rp4.2m worth of stock On the 14th of April, Anthony Honoris bought around 8k shares on-market at roughly Rp505 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Anthony has been a buyer over the last 12 months, purchasing a net total of Rp33m worth in shares. Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to Rp615, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 48x in the Retail Distributors industry in Indonesia. Total returns to shareholders of 37% over the past three years. Board Change • Oct 24
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. No independent directors (3 non-independent directors). Independent Commissioner Teddy Natawidjaja was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공시 • Jul 02
PT Multi Indocitra Tbk announces Annual dividend, payable on July 31, 2025 PT Multi Indocitra Tbk announced Annual dividend of IDR 10.0000 per share payable on July 31, 2025, ex-date on July 08, 2025 and record date on July 09, 2025. 공시 • May 21
PT Multi Indocitra Tbk, Annual General Meeting, Jun 26, 2025 PT Multi Indocitra Tbk, Annual General Meeting, Jun 26, 2025. Reported Earnings • Nov 02
Third quarter 2024 earnings released: EPS: Rp20.78 (vs Rp21.04 in 3Q 2023) Third quarter 2024 results: EPS: Rp20.78 (down from Rp21.04 in 3Q 2023). Revenue: Rp285.6b (up 3.4% from 3Q 2023). Net income: Rp12.3b (down 1.3% from 3Q 2023). Profit margin: 4.3% (down from 4.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year. Reported Earnings • Aug 03
Second quarter 2024 earnings released: EPS: Rp28.12 (vs Rp17.53 in 2Q 2023) Second quarter 2024 results: EPS: Rp28.12 (up from Rp17.53 in 2Q 2023). Revenue: Rp274.5b (down 2.4% from 2Q 2023). Net income: Rp16.6b (up 60% from 2Q 2023). Profit margin: 6.1% (up from 3.7% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year. Recent Insider Transactions • Jun 26
President Director recently bought Rp10m worth of stock On the 19th of June, Anthony Honoris bought around 22k shares on-market at roughly Rp476 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp58m. Anthony has been a buyer over the last 12 months, purchasing a net total of Rp486m worth in shares. Recent Insider Transactions • Jun 13
President Director recently bought Rp58m worth of stock On the 10th of June, Anthony Honoris bought around 128k shares on-market at roughly Rp458 per share. This transaction amounted to 5.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Anthony has been a buyer over the last 12 months, purchasing a net total of Rp472m worth in shares. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: Rp9.73 (vs Rp13.61 in 1Q 2023) First quarter 2024 results: EPS: Rp9.73 (down from Rp13.61 in 1Q 2023). Revenue: Rp260.0b (up 2.9% from 1Q 2023). Net income: Rp5.76b (down 28% from 1Q 2023). Profit margin: 2.2% (down from 3.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: Rp58.07 (vs Rp80.61 in FY 2022) Full year 2023 results: EPS: Rp58.07 (down from Rp80.61 in FY 2022). Revenue: Rp1.09t (up 12% from FY 2022). Net income: Rp34.4b (down 28% from FY 2022). Profit margin: 3.2% (down from 4.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 16
President Director recently bought Rp50m worth of stock On the 13th of March, Anthony Honoris bought around 100k shares on-market at roughly Rp500 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp107m. Anthony has been a buyer over the last 12 months, purchasing a net total of Rp413m worth in shares. Recent Insider Transactions • Jan 20
President Director recently bought Rp107m worth of stock On the 16th of January, Anthony Honoris bought around 206k shares on-market at roughly Rp520 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Anthony has been a buyer over the last 12 months, purchasing a net total of Rp263m worth in shares. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: Rp21.04 (vs Rp27.06 in 3Q 2022) Third quarter 2023 results: EPS: Rp21.04 (down from Rp27.06 in 3Q 2022). Revenue: Rp276.1b (up 6.1% from 3Q 2022). Net income: Rp12.5b (down 22% from 3Q 2022). Profit margin: 4.5% (down from 6.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: Rp17.53 (vs Rp19.70 in 2Q 2022) Second quarter 2023 results: EPS: Rp17.53 (down from Rp19.70 in 2Q 2022). Revenue: Rp281.4b (up 22% from 2Q 2022). Net income: Rp10.4b (down 11% from 2Q 2022). Profit margin: 3.7% (down from 5.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 27
Upcoming dividend of Rp5.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 04 July 2023. Payment date: 21 July 2023. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Indonesian dividend payers (5.5%). In line with average of industry peers (2.6%). Valuation Update With 7 Day Price Move • May 30
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to Rp500, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 21x in the Retail Distributors industry in Indonesia. Total returns to shareholders of 84% over the past three years. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to Rp615, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 25x in the Retail Distributors industry in Indonesia. Total returns to shareholders of 106% over the past three years. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to Rp840, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 28x in the Retail Distributors industry in Indonesia. Total returns to shareholders of 172% over the past three years. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Rp635, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 13x in the Retail Distributors industry in Indonesia. Total returns to shareholders of 90% over the past three years. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Independent Commissioner Teddy Natawidjaja was the last independent director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 16% share price gain to Rp480, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 24x in the Retail Distributors industry in Indonesia. Total returns to shareholders of 40% over the past three years. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Director Hendro Wibowo was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improved over the past week After last week's 27% share price gain to Rp434, the stock trades at a trailing P/E ratio of 42.2x. Average trailing P/E is 34x in the Retail Distributors industry in Indonesia. Total returns to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 20% share price gain to Rp358, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total returns to shareholders of 13% over the past three years. Is New 90 Day High Low • Jan 28
New 90-day low: Rp272 The company is down 6.0% from its price of Rp290 on 27 October 2020. The Indonesian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 1.0% over the same period. Is New 90 Day High Low • Oct 20
New 90-day low: Rp280 The company is down 7.0% from its price of Rp300 on 22 July 2020. The Indonesian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is down 4.0% over the same period.