Header cover image

Indonesian (IDX) General Merchandise and Department Stores Industry Analysis

UpdatedDec 09, 2025
DataAggregated Company Financials
Companies7
  • 7D1.0%
  • 3M18.2%
  • 1Y-3.1%
  • YTD-6.4%

Last week, the General Merchandise and Department Stores industry hasn't moved much but GoTo Gojek Tokopedia is up 4.5% in that time. Unfortunately though, the industry is down 3.1% over the past 12 months. Earnings are forecast to grow by 39% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 09 Dec 2025Rp204.1tRp108.5tRp1.4t9.4x141.7x1.9x
Thu, 06 Nov 2025Rp192.4tRp108.5tRp1.4t10.3x133.1x1.8x
Sat, 04 Oct 2025Rp177.9tRp104.4t-Rp2,393,250,264,000.0010.5x-74.3x1.7x
Mon, 01 Sep 2025Rp184.0tRp104.4t-Rp2,393,250,264,000.0010.9x-76.9x1.8x
Wed, 30 Jul 2025Rp185.4tRp102.3t-Rp4,140,309,050,000.0011.3x-44.8x1.8x
Fri, 27 Jun 2025Rp188.8tRp102.3t-Rp4,140,309,050,000.0010.5x-45.6x1.8x
Sun, 25 May 2025Rp214.2tRp102.3t-Rp4,140,309,050,000.0012.1x-51.7x2.1x
Tue, 22 Apr 2025Rp212.6tRp99.5t-Rp5,406,521,467,000.0011.3x-39.3x2.1x
Thu, 20 Mar 2025Rp216.6tRp95.9t-Rp5,749,249,065,000.0010.7x-37.7x2.3x
Sat, 15 Feb 2025Rp227.9tRp96.0t-Rp85,915,069,065,000.0010.9x-2.7x2.4x
Mon, 13 Jan 2025Rp225.5tRp96.0t-Rp85,915,069,065,000.0010.7x-2.6x2.3x
Wed, 11 Dec 2024Rp184.3tRp90.6t-Rp86,606,954,065,000.0010.3x-2.1x2x
Fri, 08 Nov 2024Rp164.1tRp90.6t-Rp86,606,954,065,000.0010.2x-1.9x1.8x
Sun, 06 Oct 2024Rp164.4tRp88.5t-Rp88,512,496,460,000.005.8x-1.9x1.9x
Tue, 03 Sep 2024Rp154.6tRp88.5t-Rp88,512,496,460,000.006.2x-1.7x1.7x
Thu, 01 Aug 2024Rp152.9tRp87.6t-Rp87,081,634,030,000.005.3x-1.8x1.7x
Sat, 29 Jun 2024Rp153.1tRp88.1t-Rp88,260,769,030,000.004.5x-1.7x1.7x
Mon, 27 May 2024Rp167.9tRp88.1t-Rp88,260,769,030,000.005.6x-1.9x1.9x
Wed, 24 Apr 2024Rp161.9tRp78.2t-Rp93,337,102,038,000.009.4x-1.7x2.1x
Fri, 22 Mar 2024Rp174.7tRp77.2t-Rp33,368,704,500,000.009.5x-5.2x2.3x
Sun, 18 Feb 2024Rp197.4tRp77.2t-Rp33,368,704,500,000.0010.1x-5.9x2.6x
Tue, 16 Jan 2024Rp210.9tRp77.2t-Rp33,368,704,500,000.0010.4x-6.3x2.7x
Thu, 14 Dec 2023Rp200.9tRp77.2t-Rp33,368,704,500,000.009.2x-6x2.6x
Sat, 11 Nov 2023Rp185.7tRp77.4t-Rp33,733,992,500,000.009.5x-5.5x2.4x
Mon, 09 Oct 2023Rp198.9tRp76.3t-Rp42,612,700,120,000.0011.5x-4.7x2.6x
Wed, 06 Sep 2023Rp206.9tRp76.3t-Rp42,612,700,120,000.0011.7x-4.9x2.7x
Fri, 04 Aug 2023Rp225.6tRp74.7t-Rp46,490,563,120,000.0011.8x-4.9x3x
Sun, 02 Jul 2023Rp229.4tRp79.0t-Rp52,328,522,432,000.006x-4.4x2.9x
Tue, 30 May 2023Rp224.9tRp79.2t-Rp52,427,065,432,000.008.9x-4.3x2.8x
Thu, 27 Apr 2023Rp211.4tRp74.6t-Rp39,490,435,995,000.0010x-5.4x2.8x
Sat, 25 Mar 2023Rp234.5tRp67.3t-Rp28,203,430,614,000.008.7x-8.3x3.5x
Mon, 20 Feb 2023Rp44.1tRp45.7tRp4.0t12x10.9x1x
Wed, 18 Jan 2023Rp38.9tRp45.7tRp4.0t11.4x9.6x0.9x
Fri, 16 Dec 2022Rp40.7tRp45.7tRp4.0t10.4x10.1x0.9x
Price to Earnings Ratio

10.1x


Total Market Cap: Rp40.7tTotal Earnings: Rp4.0tTotal Revenue: Rp45.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian General Merchandise and Department Stores Industry Price to Earnings3Y Average -8.3x202320242025
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 142x which is higher than its 3-year average PE of -8.3x.
  • The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Multiline Retail industry have declined 29% per year over the last three years.
  • Meanwhile revenues for these companies have grown 33% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

ID Market2.07%
Consumer Discretionary3.75%
General Merchandise and Department Stores0.97%
Broadline Retail0.97%
Department Stores0%0
Industry PE
  • Investors are most optimistic about the Broadline Retail industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 38.7%, which is higher than its past year's earnings growth of 20.9% 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.
Forecasted Growth
  • Analysts are most optimistic on the Broadline Retail industry, expecting annual earnings growth of 39% over the next 5 years.
  • This is better than its past earnings growth rate of 21% per year.
  • In contrast, the Broadline Retail industry is expected to see its earnings grow by 39% 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
GOTO GoTo Gojek TokopediaRp71.009.2%
+Rp6.4t
-11.3%PS4.3x
MLPL MultipolarRp166.004.4%
+Rp109.3b
36.1%PS0.2x