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Indonesian (IDX) General Merchandise and Department Stores Industry Analysis

UpdatedApr 15, 2025
DataAggregated Company Financials
Companies7
  • 7D-4.5%
  • 3M-5.7%
  • 1Y-1.5%
  • YTD-2.4%

Over the last 7 days, the General Merchandise and Department Stores industry has dropped 4.5%, driven by declines in Daya Intiguna Yasa and GoTo Gojek Tokopedia of 11% and 3.6%, respectively. Meanwhile, Matahari Department Store actually outperformed within the industry, gaining 6.5% in the last week. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 83% 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, 15 Apr 2025Rp212.5tRp99.5t-Rp5,406,521,467,000.0011.3x-39.3x2.1x
Thu, 13 Mar 2025Rp222.9tRp95.9t-Rp85,754,526,065,000.0011.9x-2.6x2.3x
Sat, 08 Feb 2025Rp228.3tRp96.0t-Rp85,915,069,065,000.0011.3x-2.7x2.4x
Mon, 06 Jan 2025Rp222.7tRp96.0t-Rp85,915,069,065,000.0010.6x-2.6x2.3x
Wed, 04 Dec 2024Rp178.6tRp90.6t-Rp86,606,954,065,000.009.4x-2.1x2x
Fri, 01 Nov 2024Rp182.3tRp90.2t-Rp87,783,454,460,000.0015.9x-2.1x2x
Sun, 29 Sep 2024Rp178.7tRp88.5t-Rp88,512,496,460,000.006.4x-2x2x
Tue, 27 Aug 2024Rp154.9tRp88.5t-Rp88,512,496,460,000.005.8x-1.8x1.8x
Thu, 25 Jul 2024Rp154.8tRp88.1t-Rp88,260,769,030,000.004.8x-1.8x1.8x
Sat, 22 Jun 2024Rp150.2tRp88.1t-Rp88,260,769,030,000.004.6x-1.7x1.7x
Mon, 20 May 2024Rp169.7tRp88.1t-Rp88,260,769,030,000.005.5x-1.9x1.9x
Wed, 17 Apr 2024Rp178.8tRp78.2t-Rp93,337,102,038,000.0010.5x-1.9x2.3x
Fri, 15 Mar 2024Rp181.5tRp77.2t-Rp33,368,704,500,000.0010.1x-5.4x2.3x
Sun, 11 Feb 2024Rp200.6tRp77.2t-Rp33,368,704,500,000.0010.3x-6x2.6x
Tue, 09 Jan 2024Rp202.2tRp77.2t-Rp33,368,704,500,000.009.9x-6.1x2.6x
Thu, 07 Dec 2023Rp204.3tRp77.2t-Rp33,368,704,500,000.009.4x-6.1x2.6x
Sat, 04 Nov 2023Rp179.7tRp77.3t-Rp33,763,526,500,000.009.9x-5.3x2.3x
Mon, 02 Oct 2023Rp197.8tRp76.3t-Rp42,612,700,120,000.0011x-4.6x2.6x
Wed, 30 Aug 2023Rp202.7tRp76.3t-Rp42,612,700,120,000.0011.8x-4.8x2.7x
Fri, 28 Jul 2023Rp236.7tRp79.0t-Rp52,328,522,432,000.006.4x-4.5x3x
Sun, 25 Jun 2023Rp232.8tRp79.0t-Rp52,328,522,432,000.006.1x-4.4x2.9x
Tue, 23 May 2023Rp234.6tRp79.2t-Rp52,425,339,432,000.008.7x-4.5x3x
Thu, 20 Apr 2023Rp211.8tRp74.6t-Rp39,490,435,995,000.0010x-5.4x2.8x
Sat, 18 Mar 2023Rp42.7tRp45.7tRp3.9t10x11x0.9x
Mon, 13 Feb 2023Rp42.2tRp45.7tRp4.0t11.8x10.5x0.9x
Wed, 11 Jan 2023Rp36.5tRp45.7tRp4.0t10.7x9x0.8x
Fri, 09 Dec 2022Rp42.6tRp45.7tRp4.0t10.8x10.5x0.9x
Sun, 06 Nov 2022Rp40.0tRp45.1tRp4.4t9.3x9.1x0.9x
Tue, 04 Oct 2022Rp32.6tRp40.8tRp3.3t9.8x9.9x0.8x
Thu, 01 Sep 2022Rp32.6tRp40.8tRp3.3t10.3x9.9x0.8x
Sat, 30 Jul 2022Rp32.6tRp38.9tRp2.9t10.9x11.2x0.8x
Mon, 27 Jun 2022Rp33.7tRp38.8tRp2.8t12x12.2x0.9x
Wed, 25 May 2022Rp36.8tRp37.5tRp2.3t14.2x16.2x1x
Fri, 22 Apr 2022Rp37.5tRp36.9tRp1.7t21.6x21.8x1x
Price to Earnings Ratio

21.8x


Total Market Cap: Rp37.5tTotal Earnings: Rp1.7tTotal Revenue: Rp36.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian General Merchandise and Department Stores Industry Price to Earnings3Y Average 0.1x202320242025
Current Industry PE
  • Investors are optimistic on the Indonesian Multiline Retail industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • Total earnings for the Multiline Retail industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 39% 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 Market-1.95%
Consumer Discretionary-3.30%
General Merchandise and Department Stores-4.53%
Department Stores0%0
Broadline Retail-4.53%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Broadline Retail industry, expecting annual earnings growth of 83% over the next 5 years.
    • This is better than its past earnings growth rate of 7.9% per year.
    • In contrast, the Broadline Retail industry is expected to see its earnings grow by 83% 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 TokopediaRp79.0011.3%
    +Rp8.5t
    21.5%PS5.3x
    MAPI PT. Mitra AdiperkasaRp1.37k18.7%
    +Rp3.6t
    -24.6%PE12.8x
    LPPF Matahari Department StoreRp2.03k16.3%
    +Rp643.9b
    10.0%PE5.5x
    BUKA Bukalapak.comRp131.004.0%
    +Rp517.9b
    -2.2%PS3x
    MLPL MultipolarRp98.0012.6%
    +Rp171.7b
    96.0%PE9.6x
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    Latest News

    GOTO

    Rp79.00

    GoTo Gojek Tokopedia

    7D

    11.3%

    1Y

    21.5%

    LPPF

    Rp2,030.00

    Matahari Department Store

    7D

    16.3%

    1Y

    10.0%

    BUKA

    Rp131.00

    Bukalapak.com

    7D

    4.0%

    1Y

    -2.2%

    MLPL

    Rp98.00

    Multipolar

    7D

    12.6%

    1Y

    96.0%

    BELI

    Rp416.00

    Global Digital Niaga

    7D

    -5.5%

    1Y

    -12.2%

    MAPI

    Rp1,365.00

    PT. Mitra Adiperkasa

    7D

    18.7%

    1Y

    -24.6%