Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indonesian (IDX) General Merchandise and Department Stores Industry Analysis

UpdatedJul 10, 2025
DataAggregated Company Financials
Companies7
  • 7D-0.7%
  • 3M-10.2%
  • 1Y-1.0%
  • YTD-13.8%

The General Merchandise and Department Stores is pretty flat in the last 7 days, but GoTo Gojek Tokopedia has stood out, gaining 3.5%. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 59% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 10 Jul 2025Rp188.8tRp102.3t-Rp4,140,309,050,000.0010.9x-45.6x1.8x
Sat, 07 Jun 2025Rp198.6tRp102.3t-Rp4,140,309,050,000.0011.3x-48x1.9x
Mon, 05 May 2025Rp219.8tRp100.4t-Rp4,617,040,050,000.0011.3x-47.6x2.2x
Wed, 02 Apr 2025Rp222.6tRp99.5t-Rp5,406,521,467,000.0011.2x-41.2x2.2x
Fri, 28 Feb 2025Rp222.0tRp96.0t-Rp85,915,069,065,000.0012.2x-2.6x2.3x
Sun, 26 Jan 2025Rp227.2tRp96.0t-Rp85,915,069,065,000.0010.9x-2.6x2.4x
Tue, 24 Dec 2024Rp174.0tRp90.6t-Rp86,606,954,065,000.008.9x-2x1.9x
Thu, 21 Nov 2024Rp179.1tRp90.6t-Rp86,606,954,065,000.0011.6x-2.1x2x
Sat, 19 Oct 2024Rp179.3tRp88.5t-Rp88,512,496,460,000.0012.3x-2x2x
Mon, 16 Sep 2024Rp166.0tRp88.5t-Rp88,512,496,460,000.006.1x-1.9x1.9x
Wed, 14 Aug 2024Rp150.6tRp88.5t-Rp88,512,496,460,000.005.3x-1.7x1.7x
Fri, 12 Jul 2024Rp151.0tRp88.1t-Rp88,260,769,030,000.005.1x-1.7x1.7x
Sun, 09 Jun 2024Rp162.3tRp88.1t-Rp88,260,769,030,000.004.8x-1.8x1.8x
Tue, 07 May 2024Rp170.6tRp88.0t-Rp88,447,656,030,000.005x-1.9x1.9x
Thu, 04 Apr 2024Rp177.9tRp78.2t-Rp93,337,102,038,000.0010.5x-1.9x2.3x
Sat, 02 Mar 2024Rp182.1tRp77.2t-Rp33,368,704,500,000.0010.3x-5.5x2.4x
Mon, 29 Jan 2024Rp197.8tRp77.2t-Rp33,368,704,500,000.0010.2x-5.9x2.6x
Wed, 27 Dec 2023Rp202.7tRp77.2t-Rp33,368,704,500,000.009.9x-6.1x2.6x
Fri, 24 Nov 2023Rp208.5tRp77.4t-Rp33,733,992,500,000.009.8x-6.2x2.7x
Sun, 22 Oct 2023Rp171.3tRp76.3t-Rp42,612,700,120,000.0011.1x-4x2.2x
Tue, 19 Sep 2023Rp208.0tRp76.3t-Rp42,612,700,120,000.0011.1x-4.9x2.7x
Thu, 17 Aug 2023Rp209.9tRp76.3t-Rp42,612,700,120,000.0011.6x-4.9x2.7x
Sat, 15 Jul 2023Rp230.9tRp79.0t-Rp52,328,522,432,000.006x-4.4x2.9x
Mon, 12 Jun 2023Rp251.5tRp79.0t-Rp52,328,522,432,000.006.2x-4.8x3.2x
Wed, 10 May 2023Rp230.4tRp76.5t-Rp39,669,047,995,000.0010.8x-5.8x3x
Fri, 07 Apr 2023Rp220.8tRp74.5t-Rp39,446,664,995,000.0010.2x-5.6x3x
Sun, 05 Mar 2023Rp44.6tRp45.7tRp4.0t11.9x11x1x
Tue, 31 Jan 2023Rp38.8tRp45.7tRp4.0t11.4x9.6x0.9x
Thu, 29 Dec 2022Rp41.2tRp45.7tRp4.0t10.6x10.2x0.9x
Sat, 26 Nov 2022Rp41.2tRp45.7tRp4.0t10.5x10.2x0.9x
Mon, 24 Oct 2022Rp37.8tRp41.5tRp3.5t9.7x10.7x0.9x
Wed, 21 Sep 2022Rp34.9tRp40.8tRp3.3t10.5x10.6x0.9x
Fri, 19 Aug 2022Rp34.0tRp40.8tRp3.3t10.3x10.4x0.8x
Sun, 17 Jul 2022Rp32.6tRp38.8tRp2.8t11.3x11.8x0.8x
Price to Earnings Ratio

11.8x


Total Market Cap: Rp32.6tTotal Earnings: Rp2.8tTotal Revenue: Rp38.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian General Merchandise and Department Stores Industry Price to Earnings3Y Average -4.8x202320242025
Current Industry PE
  • Investors are relatively neutral on the Indonesian Multiline Retail industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
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 38% 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 Market0.97%
Consumer Discretionary-0.32%
General Merchandise and Department Stores-0.71%
Department Stores0%0
Broadline Retail-0.71%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Broadline Retail industry, expecting annual earnings growth of 59% over the next 5 years.
    • This is better than its past earnings growth rate of 11% per year.
    • In contrast, the Broadline Retail industry is expected to see its earnings grow by 59% 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 TokopediaRp59.003.5%
    +Rp2.1t    		18.0%PS3.9x
    		BUKA Bukalapak.comRp125.000.8%
    +Rp103.1b    		-6.0%PS2.7x
    		MLPL MultipolarRp95.003.3%
    +Rp46.8b    		69.6%PE10.6x
    		LPPF Matahari Department StoreRp1.71k0.6%
    +Rp22.6b    		15.9%PE3.4x

    Latest News

    MAPI
    Rp1,240.00
    PT. Mitra Adiperkasa
    7D
    -0.8%
    1Y
    -11.7%
    GOTO
    Rp59.00
    GoTo Gojek Tokopedia
    7D
    3.5%
    1Y
    18.0%
    MDIY
    Rp1,400.00
    Daya Intiguna Yasa
    7D
    -6.4%
    1Y
    n/a
    BELI
    Rp392.00
    Global Digital Niaga
    7D
    -2.0%
    1Y
    -14.0%
    MLPL
    Rp95.00
    Multipolar
    7D
    3.3%
    1Y
    69.6%
    BUKA
    Rp125.00
    Bukalapak.com
    7D
    0.8%
    1Y
    -6.0%
    LPPF
    Rp1,710.00
    Matahari Department Store
    7D
    0.6%
    1Y
    15.9%