Header cover image

Indonesian (IDX) General Merchandise and Department Stores Industry Analysis

UpdatedJun 15, 2026
DataAggregated Company Financials
Companies7
  • 7D-0.2%
  • 3M-9.6%
  • 1Y-23.4%
  • YTD-24.6%

Over the last 7 days, the General Merchandise and Department Stores industry has remained flat, although notably Global Digital Niaga gained 12%. Unfortunately though, the industry is down 23% over the past 12 months. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Jun 2026Rp154.0tRp124.5tRp4.3t7.5x35.7x1.2x
Wed, 13 May 2026Rp167.6tRp124.5tRp4.3t8x38.8x1.3x
Fri, 10 Apr 2026Rp177.9tRp115.5tRp3.6t7.6x49.6x1.5x
Sun, 08 Mar 2026Rp176.8tRp108.4tRp1.3t8.3x133x1.6x
Tue, 03 Feb 2026Rp184.7tRp108.5tRp1.4t8.8x128.2x1.7x
Thu, 01 Jan 2026Rp198.9tRp108.5tRp1.4t9.1x138x1.8x
Sat, 29 Nov 2025Rp198.5tRp108.5tRp1.4t9.6x137.8x1.8x
Mon, 27 Oct 2025Rp175.5tRp104.4t-Rp2,393,250,264,000.0010.8x-73.3x1.7x
Wed, 24 Sep 2025Rp175.9tRp104.4t-Rp2,393,250,264,000.0010.6x-73.5x1.7x
Fri, 22 Aug 2025Rp191.8tRp104.4t-Rp2,393,250,264,000.0012x-80.1x1.8x
Sun, 20 Jul 2025Rp185.9tRp102.3t-Rp4,140,309,050,000.0010.8x-44.9x1.8x
Tue, 17 Jun 2025Rp200.0tRp102.3t-Rp4,140,309,050,000.0011.1x-48.3x2x
Thu, 15 May 2025Rp224.7tRp102.3t-Rp4,140,309,050,000.0012x-54.3x2.2x
Sat, 12 Apr 2025Rp208.9tRp99.5t-Rp5,406,521,467,000.0010.6x-38.6x2.1x
Mon, 10 Mar 2025Rp223.0tRp95.9t-Rp85,754,526,065,000.0011.7x-2.6x2.3x
Wed, 05 Feb 2025Rp231.5tRp96.0t-Rp85,915,069,065,000.0010.8x-2.7x2.4x
Fri, 03 Jan 2025Rp216.7tRp96.0t-Rp85,915,069,065,000.0010.8x-2.5x2.3x
Sun, 01 Dec 2024Rp176.4tRp90.6t-Rp86,606,954,065,000.009.2x-2x1.9x
Tue, 29 Oct 2024Rp181.8tRp88.5t-Rp88,512,496,460,000.0014.3x-2.1x2.1x
Thu, 26 Sep 2024Rp173.6tRp88.5t-Rp88,512,496,460,000.006.5x-2x2x
Sat, 24 Aug 2024Rp153.4tRp88.5t-Rp88,512,496,460,000.005.8x-1.7x1.7x
Mon, 22 Jul 2024Rp149.8tRp88.1t-Rp88,260,769,030,000.004.9x-1.7x1.7x
Wed, 19 Jun 2024Rp153.3tRp88.1t-Rp88,260,769,030,000.004.6x-1.7x1.7x
Fri, 17 May 2024Rp169.3tRp88.1t-Rp88,260,769,030,000.005.4x-1.9x1.9x
Sun, 14 Apr 2024Rp178.8tRp78.2t-Rp93,337,102,038,000.0010.5x-1.9x2.3x
Tue, 12 Mar 2024Rp181.1tRp77.2t-Rp33,368,704,500,000.0010x-5.4x2.3x
Thu, 08 Feb 2024Rp200.6tRp77.2t-Rp33,368,704,500,000.0010.3x-6x2.6x
Sat, 06 Jan 2024Rp205.5tRp77.2t-Rp33,368,704,500,000.0010x-6.2x2.7x
Mon, 04 Dec 2023Rp225.1tRp77.2t-Rp33,368,704,500,000.009.8x-6.7x2.9x
Wed, 01 Nov 2023Rp163.9tRp76.6t-Rp38,029,962,500,000.0010.1x-4.3x2.1x
Fri, 29 Sep 2023Rp197.1tRp76.3t-Rp42,612,700,120,000.0010.9x-4.6x2.6x
Sun, 27 Aug 2023Rp200.8tRp76.3t-Rp42,612,700,120,000.0011.8x-4.7x2.6x
Tue, 25 Jul 2023Rp235.7tRp79.0t-Rp52,328,522,432,000.006.1x-4.5x3x
Thu, 22 Jun 2023Rp239.6tRp79.0t-Rp52,328,522,432,000.006.2x-4.6x3x
Price to Earnings Ratio

-4.6x


Total Market Cap: Rp239.6tTotal 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 6.8x202420252026
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 35.7x which is higher than its 3-year average PE of 6.8x.
  • The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.2x.
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 Market7.32%
Consumer Discretionary3.53%
General Merchandise and Department Stores-0.19%
Department Stores0%0
Broadline Retail-0.19%
Industry PE
  • Investors are most optimistic about the Broadline Retail industry which is trading above its 3-year average PE ratio of 6.8x.
    • Analysts are expecting annual earnings growth of 25.2%, 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 6.8x.
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
BELI Global Digital NiagaRp302.0011.9%
+Rp4.3t
-24.5%PS1.6x
BUKA Bukalapak.comRp108.006.9%
+Rp645.1b
-20.0%PE3.8x
MDIY Daya Intiguna YasaRp850.003.0%
+Rp629.8b
-45.7%PE18x
LPPF MDS RetailingRp1.59k8.9%
+Rp289.5b
-5.6%PE4.6x
MLPL MultipolarRp85.0021.4%
+Rp234.2b
-15.8%PS0.1x

Latest News