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Indonesian (IDX) General Merchandise and Department Stores Industry Analysis

UpdatedNov 24, 2025
DataAggregated Company Financials
Companies7
  • 7D-0.1%
  • 3M3.1%
  • 1Y-7.6%
  • YTD-9.8%

The General Merchandise and Department Stores industry has stayed flat over the last week. As for the longer term, the industry has declined 7.6% in the last year. Earnings are forecast to grow by 36% 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, 24 Nov 2025Rp196.9tRp108.5tRp1.4t9.9x136.6x1.8x
Wed, 22 Oct 2025Rp179.0tRp104.4t-Rp2,393,250,264,000.0011.3x-74.8x1.7x
Fri, 19 Sep 2025Rp177.8tRp104.4t-Rp2,393,250,264,000.0011.1x-74.3x1.7x
Sun, 17 Aug 2025Rp193.0tRp104.4t-Rp2,393,250,264,000.0012.3x-80.6x1.8x
Tue, 15 Jul 2025Rp185.6tRp102.3t-Rp4,140,309,050,000.0011x-44.8x1.8x
Thu, 12 Jun 2025Rp206.7tRp102.3t-Rp4,140,309,050,000.0011.8x-49.9x2x
Sat, 10 May 2025Rp225.5tRp101.6t-Rp4,266,053,050,000.0011.9x-52.9x2.2x
Mon, 07 Apr 2025Rp222.6tRp99.5t-Rp5,406,521,467,000.0011.2x-41.2x2.2x
Wed, 05 Mar 2025Rp217.5tRp96.0t-Rp85,915,069,065,000.0010.9x-2.5x2.3x
Fri, 31 Jan 2025Rp225.0tRp96.0t-Rp85,915,069,065,000.0010.8x-2.6x2.3x
Sun, 29 Dec 2024Rp209.5tRp96.0t-Rp85,915,069,065,000.0010.5x-2.4x2.2x
Tue, 26 Nov 2024Rp180.8tRp90.6t-Rp86,606,954,065,000.0010.6x-2.1x2x
Thu, 24 Oct 2024Rp184.2tRp88.5t-Rp88,512,496,460,000.0012.3x-2.1x2.1x
Sat, 21 Sep 2024Rp169.8tRp88.5t-Rp88,512,496,460,000.007x-1.9x1.9x
Mon, 19 Aug 2024Rp154.3tRp88.5t-Rp88,512,496,460,000.005.5x-1.7x1.7x
Wed, 17 Jul 2024Rp149.1tRp88.1t-Rp88,260,769,030,000.004.9x-1.7x1.7x
Fri, 14 Jun 2024Rp152.9tRp88.1t-Rp88,260,769,030,000.004.7x-1.7x1.7x
Sun, 12 May 2024Rp170.6tRp88.1t-Rp88,260,769,030,000.005.4x-1.9x1.9x
Tue, 09 Apr 2024Rp178.8tRp78.2t-Rp93,337,102,038,000.0010.5x-1.9x2.3x
Thu, 07 Mar 2024Rp188.2tRp77.2t-Rp33,368,704,500,000.0010.3x-5.6x2.4x
Sat, 03 Feb 2024Rp207.9tRp77.2t-Rp33,368,704,500,000.0010.4x-6.2x2.7x
Mon, 01 Jan 2024Rp204.4tRp77.2t-Rp33,368,704,500,000.0010x-6.1x2.6x
Wed, 29 Nov 2023Rp204.0tRp77.4t-Rp33,733,992,500,000.009.7x-6x2.6x
Fri, 27 Oct 2023Rp171.9tRp76.3t-Rp42,612,700,120,000.0010.8x-4x2.3x
Sun, 24 Sep 2023Rp201.9tRp76.3t-Rp42,612,700,120,000.0011.3x-4.7x2.6x
Tue, 22 Aug 2023Rp209.2tRp76.3t-Rp42,612,700,120,000.0011.5x-4.9x2.7x
Thu, 20 Jul 2023Rp240.7tRp79.0t-Rp52,328,522,432,000.006.1x-4.6x3x
Sat, 17 Jun 2023Rp239.1tRp79.0t-Rp52,328,522,432,000.006.3x-4.6x3x
Mon, 15 May 2023Rp237.9tRp78.3t-Rp37,060,610,995,000.0010.4x-6.4x3x
Wed, 12 Apr 2023Rp216.3tRp74.5t-Rp39,446,664,995,000.009.7x-5.5x2.9x
Fri, 10 Mar 2023Rp43.5tRp45.7tRp3.9t11.6x11.2x1x
Sun, 05 Feb 2023Rp40.5tRp45.7tRp4.0t11.6x10x0.9x
Tue, 03 Jan 2023Rp40.8tRp45.7tRp4.0t10.8x10.1x0.9x
Thu, 01 Dec 2022Rp43.0tRp45.7tRp4.0t10.9x10.6x0.9x
Price to Earnings Ratio

10.6x


Total Market Cap: Rp43.0tTotal 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 -10x202320242025
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 137x which is higher than its 3-year average PE of -10.0x.
  • The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.8x.
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 Market0.41%
Consumer Discretionary1.36%
General Merchandise and Department Stores-0.11%
Department Stores0%0
Broadline Retail-0.11%
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 36.2%, 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 36% 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 36% 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 TokopediaRp65.004.8%
+Rp3.2t
-14.5%PS3.9x
MDIY Daya Intiguna YasaRp1.07k0.5%
+Rp126.0b
n/aPE24.8x
BUKA Bukalapak.comRp170.000.6%
+Rp94.5b
39.3%PE8.2x
MLPL MultipolarRp147.002.1%
+Rp46.8b
16.7%PS0.2x

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