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Indonesian (IDX) General Merchandise and Department Stores Industry Analysis

UpdatedJun 12, 2026
DataAggregated Company Financials
Companies7
  • 7D-3.2%
  • 3M-11.3%
  • 1Y-24.6%
  • YTD-24.4%

The General Merchandise and Department Stores industry has been flat over the last week, but Global Digital Niaga has lost 10%. As for the longer term, the industry has declined 24% in the last year. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

Has the Indonesian General Merchandise and Department Stores Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 12 Jun 2026Rp154.5tRp124.5tRp4.3t7.4x35.8x1.2x
Sun, 10 May 2026Rp167.3tRp124.5tRp4.3t8x38.7x1.3x
Tue, 07 Apr 2026Rp173.4tRp115.5tRp3.6t7.4x48.3x1.5x
Thu, 05 Mar 2026Rp174.5tRp108.4tRp1.4t8.4x128.3x1.6x
Sat, 31 Jan 2026Rp189.9tRp108.5tRp1.4t8.8x131.8x1.8x
Mon, 29 Dec 2025Rp197.6tRp108.5tRp1.4t9.2x137.1x1.8x
Wed, 26 Nov 2025Rp198.6tRp108.5tRp1.4t9.9x137.9x1.8x
Fri, 24 Oct 2025Rp177.9tRp104.4t-Rp2,393,250,264,000.0011.3x-74.3x1.7x
Sun, 21 Sep 2025Rp177.7tRp104.4t-Rp2,393,250,264,000.0010.9x-74.3x1.7x
Tue, 19 Aug 2025Rp193.0tRp104.4t-Rp2,393,250,264,000.0012.3x-80.6x1.8x
Thu, 17 Jul 2025Rp186.8tRp102.3t-Rp4,140,309,050,000.0011.2x-45.1x1.8x
Sat, 14 Jun 2025Rp205.3tRp102.3t-Rp4,140,309,050,000.0011.4x-49.6x2x
Mon, 12 May 2025Rp224.7tRp102.3t-Rp4,140,309,050,000.0011.9x-54.3x2.2x
Wed, 09 Apr 2025Rp202.2tRp99.5t-Rp5,406,521,467,000.009.6x-37.4x2x
Fri, 07 Mar 2025Rp220.3tRp96.0t-Rp85,915,069,065,000.0011.5x-2.6x2.3x
Sun, 02 Feb 2025Rp225.8tRp96.0t-Rp85,915,069,065,000.0010.7x-2.6x2.4x
Tue, 31 Dec 2024Rp217.5tRp96.0t-Rp85,915,069,065,000.0010.6x-2.5x2.3x
Thu, 28 Nov 2024Rp179.7tRp90.6t-Rp86,606,954,065,000.0011.1x-2.1x2x
Sat, 26 Oct 2024Rp183.1tRp88.5t-Rp88,512,496,460,000.0013.6x-2.1x2.1x
Mon, 23 Sep 2024Rp171.0tRp88.5t-Rp88,512,496,460,000.007x-1.9x1.9x
Wed, 21 Aug 2024Rp154.8tRp88.5t-Rp88,512,496,460,000.005.6x-1.7x1.8x
Fri, 19 Jul 2024Rp152.0tRp88.1t-Rp88,260,769,030,000.005x-1.7x1.7x
Sun, 16 Jun 2024Rp153.3tRp88.1t-Rp88,260,769,030,000.004.6x-1.7x1.7x
Tue, 14 May 2024Rp170.6tRp88.1t-Rp88,260,769,030,000.005.4x-1.9x1.9x
Thu, 11 Apr 2024Rp178.8tRp78.2t-Rp93,337,102,038,000.0010.5x-1.9x2.3x
Sat, 09 Mar 2024Rp181.1tRp77.2t-Rp33,368,704,500,000.0010x-5.4x2.3x
Mon, 05 Feb 2024Rp208.2tRp77.2t-Rp33,368,704,500,000.0010.4x-6.2x2.7x
Wed, 03 Jan 2024Rp206.1tRp77.2t-Rp33,368,704,500,000.0010.4x-6.2x2.7x
Fri, 01 Dec 2023Rp211.3tRp77.4t-Rp33,733,992,500,000.009.8x-6.3x2.7x
Sun, 29 Oct 2023Rp164.9tRp76.6t-Rp38,029,962,500,000.0010.6x-4.3x2.2x
Tue, 26 Sep 2023Rp201.9tRp76.3t-Rp42,612,700,120,000.0011.1x-4.7x2.6x
Thu, 24 Aug 2023Rp203.9tRp76.3t-Rp42,612,700,120,000.0011.9x-4.8x2.7x
Sat, 22 Jul 2023Rp240.5tRp79.0t-Rp52,328,522,432,000.005.9x-4.6x3x
Mon, 19 Jun 2023Rp240.5tRp79.0t-Rp52,328,522,432,000.006.3x-4.6x3x
Price to Earnings Ratio

-4.6x


Total Market Cap: Rp240.5tTotal Earnings: -Rp52,328,522,432,000.00Total Revenue: Rp79.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian General Merchandise and Department Stores Industry Price to Earnings3Y Average 6.6x202420252026
Current Industry PE
  • Investors are optimistic on the Indonesian Multiline Retail industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 36.3x which is higher than its 3-year average PE of 6.6x.
  • The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • Total earnings for the Multiline Retail industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 16% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indonesian Consumer Discretionary industry?

ID Market0.22%
Consumer Discretionary-1.49%
General Merchandise and Department Stores-3.22%
Department Stores0%0
Broadline Retail-3.22%
Industry PE
  • Investors are most optimistic about the Broadline Retail industry which is trading above its 3-year average PE ratio of 6.6x.
    • Analysts are expecting annual earnings growth of 25.1%, which is higher than its past year's earnings decline of 0.8% per year.
  • Investors are most pessimistic about the Broadline Retail industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.6x.
Forecasted Growth
  • Analysts are most optimistic on the Broadline Retail industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is better than its past earnings decline of 0.8% per year.
  • In contrast, the Broadline Retail industry is expected to see its earnings grow by 25% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MDIY Daya Intiguna YasaRp850.001.8%
+Rp377.9b
-46.2%PE18x
BUKA Bukalapak.comRp113.002.7%
+Rp278.9b
-18.1%PE4x
LPPF MDS RetailingRp1.60k6.3%
+Rp211.6b
-7.0%PE4.6x
MLPL MultipolarRp80.009.6%
+Rp109.3b
-21.6%PS0.1x
MAPI PT. Mitra AdiperkasaRp1.49k0.3%
+Rp83.0b
18.3%PE10.4x

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