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Indonesian (IDX) General Merchandise and Department Stores Industry Analysis

UpdatedNov 02, 2025
DataAggregated Company Financials
Companies7
  • 7D5.4%
  • 3M-4.6%
  • 1Y-11.1%
  • YTD-15.3%

Over the last 7 days, the General Merchandise and Department Stores industry has risen 5.4%, driven by gains from GoTo Gojek Tokopedia of 9.1%. In the past year, the industry is down 11%. As for the next few years, earnings are expected to grow by 40% 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
Sun, 02 Nov 2025Rp184.7tRp105.7tRp1.3t9.9x140.5x1.7x
Tue, 30 Sep 2025Rp177.8tRp104.4t-Rp2,393,250,264,000.0010.3x-74.3x1.7x
Thu, 28 Aug 2025Rp189.2tRp104.4t-Rp2,393,250,264,000.0011.4x-79x1.8x
Sat, 26 Jul 2025Rp183.8tRp102.3t-Rp4,140,309,050,000.0011x-44.4x1.8x
Mon, 23 Jun 2025Rp191.1tRp102.3t-Rp4,140,309,050,000.0010.7x-46.2x1.9x
Wed, 21 May 2025Rp213.4tRp102.3t-Rp4,140,309,050,000.0011.9x-51.6x2.1x
Fri, 18 Apr 2025Rp214.7tRp99.5t-Rp5,406,521,467,000.0011.2x-39.7x2.2x
Sun, 16 Mar 2025Rp218.3tRp95.9t-Rp5,749,249,065,000.0011.6x-38x2.3x
Tue, 11 Feb 2025Rp227.8tRp96.0t-Rp85,915,069,065,000.0011.2x-2.7x2.4x
Thu, 09 Jan 2025Rp226.6tRp96.0t-Rp85,915,069,065,000.0010.8x-2.6x2.4x
Sat, 07 Dec 2024Rp180.5tRp90.6t-Rp86,606,954,065,000.0010.6x-2.1x2x
Mon, 04 Nov 2024Rp176.2tRp90.6t-Rp86,606,954,065,000.0014.9x-2x1.9x
Wed, 02 Oct 2024Rp173.8tRp88.5t-Rp88,512,496,460,000.005.9x-2x2x
Fri, 30 Aug 2024Rp152.7tRp88.5t-Rp88,512,496,460,000.005.9x-1.7x1.7x
Sun, 28 Jul 2024Rp151.4tRp87.5t-Rp88,543,237,030,000.005.3x-1.7x1.7x
Tue, 25 Jun 2024Rp153.4tRp88.1t-Rp88,260,769,030,000.004.5x-1.7x1.7x
Thu, 23 May 2024Rp167.9tRp88.1t-Rp88,260,769,030,000.005.6x-1.9x1.9x
Sat, 20 Apr 2024Rp167.7tRp78.2t-Rp93,337,102,038,000.0010x-1.8x2.1x
Mon, 18 Mar 2024Rp182.2tRp77.2t-Rp33,368,704,500,000.0010.1x-5.5x2.4x
Wed, 14 Feb 2024Rp202.1tRp77.2t-Rp33,368,704,500,000.0010.2x-6.1x2.6x
Fri, 12 Jan 2024Rp204.4tRp77.2t-Rp33,368,704,500,000.0010.1x-6.1x2.6x
Sun, 10 Dec 2023Rp221.2tRp77.2t-Rp33,368,704,500,000.009.4x-6.6x2.9x
Tue, 07 Nov 2023Rp187.4tRp77.4t-Rp33,733,992,500,000.009.6x-5.6x2.4x
Thu, 05 Oct 2023Rp197.8tRp76.3t-Rp42,612,700,120,000.0011.4x-4.6x2.6x
Sat, 02 Sep 2023Rp212.9tRp76.3t-Rp42,612,700,120,000.0011.8x-5x2.8x
Mon, 31 Jul 2023Rp229.2tRp73.9t-Rp53,546,879,432,000.0011.3x-4.3x3.1x
Wed, 28 Jun 2023Rp229.4tRp79.0t-Rp52,328,522,432,000.006x-4.4x2.9x
Fri, 26 May 2023Rp236.1tRp79.2t-Rp52,427,065,432,000.009.1x-4.5x3x
Sun, 23 Apr 2023Rp211.8tRp74.6t-Rp39,490,435,995,000.0010x-5.4x2.8x
Tue, 21 Mar 2023Rp42.7tRp45.7tRp3.9t10x11x0.9x
Thu, 16 Feb 2023Rp44.2tRp45.7tRp4.0t12.1x10.9x1x
Sat, 14 Jan 2023Rp37.5tRp45.7tRp4.0t10.7x9.3x0.8x
Mon, 12 Dec 2022Rp41.8tRp45.7tRp4.0t10.6x10.4x0.9x
Wed, 09 Nov 2022Rp40.1tRp45.1tRp4.4t9.6x9.2x0.9x
Price to Earnings Ratio

9.2x


Total Market Cap: Rp40.1tTotal Earnings: Rp4.4tTotal Revenue: Rp45.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian General Merchandise and Department Stores Industry Price to Earnings3Y Average -12.6x202320242025
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 140x which is higher than its 3-year average PE of -12.7x.
  • The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Multiline Retail industry have declined 33% 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 Market-1.97%
Consumer Discretionary4.09%
General Merchandise and Department Stores5.41%
Broadline Retail5.41%
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 39.9%, 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 40% 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 40% 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 TokopediaRp60.009.1%
+Rp5.5t
-11.8%PS3.6x
MAPI PT. Mitra AdiperkasaRp1.29k8.4%
+Rp1.7t
-19.6%PE11.7x
MDIY Daya Intiguna YasaRp1.09k4.8%
+Rp1.3t
n/aPE26.2x
BELI Global Digital NiagaRp378.002.2%
+Rp1.1t
-16.0%PS2.7x

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