Midi Utama Indonesia
Market Cap
Rp4.1t
Last Updated
2020/06/06 17:15 UTC
Data Sources
Company Financials
Executive Summary
PT Midi Utama Indonesia Tbk engages in the retail of consumer products in Indonesia.
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with mediocre balance sheet.
Share Price & News
How has Midi Utama Indonesia's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MIDI has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
MIDI
-1.8%
ID Consumer Retailing
4.1%
ID Market
1 Year Return
n/a
MIDI
-1.4%
ID Consumer Retailing
-21.1%
ID Market
Return vs Industry: Insufficient data to determine how MIDI performed against the ID Consumer Retailing industry.
Return vs Market: Insufficient data to determine how MIDI performed against the ID Market.
Shareholder returns
| MIDI | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -1.8% | 4.1% |
| 30 Day | 2.5% | 2.0% | 7.3% |
| 90 Day | 16.7% | 13.3% | -11.2% |
| 1 Year | n/a | 0.2%-1.4% | -19.2%-21.1% |
| 3 Year | 63.9%57.7% | 34.1%30.5% | -8.6%-15.2% |
| 5 Year | 94.7%79.4% | -14.8%-18.3% | 11.9%-0.4% |
Price Volatility Vs. Market
How volatile is Midi Utama Indonesia's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Midi Utama Indonesia undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MIDI (IDR1435) is trading below our estimate of fair value (IDR6833.75)
Significantly Below Fair Value: MIDI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MIDI is poor value based on its PE Ratio (20.4x) compared to the Consumer Retailing industry average (12.6x).
PE vs Market: MIDI is poor value based on its PE Ratio (20.4x) compared to the ID market (14.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MIDI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MIDI is overvalued based on its PB Ratio (3.4x) compared to the ID Consumer Retailing industry average (1.4x).
Next Steps
Future Growth
How is Midi Utama Indonesia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.6%
Forecasted Consumer Retailing industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Midi Utama Indonesia has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Check out Midi Utama Indonesia's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Explore growth companies in the Consumer Retailing industry.
Past Performance
How has Midi Utama Indonesia performed over the past 5 years?
3.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MIDI has high quality earnings.
Growing Profit Margin: MIDI's current net profit margins (1.7%) are higher than last year (1.5%).
Past Earnings Growth Analysis
Earnings Trend: MIDI's earnings have grown by 3.8% per year over the past 5 years.
Accelerating Growth: MIDI's earnings growth over the past year (27.6%) exceeds its 5-year average (3.8% per year).
Earnings vs Industry: MIDI earnings growth over the past year (27.6%) underperformed the Consumer Retailing industry 38%.
Return on Equity
High ROE: MIDI's Return on Equity (16.6%) is considered low.
Next Steps
Financial Health
How is Midi Utama Indonesia's financial position?
Financial Position Analysis
Short Term Liabilities: MIDI's short term assets (IDR2,255.4B) do not cover its short term liabilities (IDR2,898.5B).
Long Term Liabilities: MIDI's short term assets (IDR2,255.4B) exceed its long term liabilities (IDR870.8B).
Debt to Equity History and Analysis
Debt Level: MIDI's debt to equity ratio (156.4%) is considered high.
Reducing Debt: MIDI's debt to equity ratio has reduced from 158.2% to 156.4% over the past 5 years.
Debt Coverage: MIDI's debt is well covered by operating cash flow (65.8%).
Interest Coverage: MIDI's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Midi Utama Indonesia's current dividend yield, its reliability and sustainability?
1.16%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MIDI's dividend (1.16%) isn’t notable compared to the bottom 25% of dividend payers in the ID market (1.64%).
High Dividend: MIDI's dividend (1.16%) is low compared to the top 25% of dividend payers in the ID market (6.91%).
Stability and Growth of Payments
Stable Dividend: MIDI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MIDI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.6%), MIDI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.3yrs
Average management tenure
CEO
- Rullyanto (46yo)
9.83yrs
Tenure
Mr. - Rullyanto has been the President Director and Director of PT Midi Utama Indonesia Tbk since 2010 and 2007 respectively. He started his career as Account Analyst in Equity LLC from 2000 to 2001, and w ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President Director | 9.83yrs | no data | 0.42% IDR17.6b | |
| Finance Director | 9yrs | no data | no data | |
| Operation Director | 8yrs | no data | no data | |
| General Manager of Marketing | no data | no data | no data | |
| General Manager of Human Capital | no data | no data | no data | |
| MD & Director | 7yrs | no data | 0.23% IDR9.3b | |
| Head of Internal Audit | 9.25yrs | no data | no data | |
| Director of License | 3.42yrs | no data | no data | |
| Financial Controller | no data | no data | no data |
9.3yrs
Average Tenure
49yo
Average Age
Experienced Management: MIDI's management team is seasoned and experienced (9.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President Director | 9.83yrs | no data | 0.42% IDR17.6b | |
| Finance Director | 9yrs | no data | no data | |
| MD & Director | 7yrs | no data | 0.23% IDR9.3b | |
| Director of License | 3.42yrs | no data | no data | |
| President Commissioner | 8yrs | no data | no data | |
| Independent Commissioner | 5.08yrs | no data | no data | |
| Director | 7yrs | no data | no data |
7.0yrs
Average Tenure
46yo
Average Age
Experienced Board: MIDI's board of directors are considered experienced (7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
PT Midi Utama Indonesia Tbk's company bio, employee growth, exchange listings and data sources
Key Information
- Name: PT Midi Utama Indonesia Tbk
- Ticker: MIDI
- Exchange: IDX
- Founded: 2007
- Industry: Food Retail
- Sector: Consumer Retailing
- Market Cap: Rp4.136t
- Shares outstanding: 2.88b
- Website: https://www.alfamidiku.com
Number of Employees
Location
- PT Midi Utama Indonesia Tbk
- Gedung Alfa Tower
- Lantai 12, Kav. 7-9
- Tangerang
- Banten
- 15143
- Indonesia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MIDI | IDX (Indonesia Stock Exchange) | Yes | Common Shares | ID | IDR | Nov 2010 |
| 8MU | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Nov 2010 |
Biography
PT Midi Utama Indonesia Tbk engages in the retail of consumer products in Indonesia. It offers grocery, fruits and vegetables, home and personal care products, toys, pre-paid vouchers, and stationary products through minimarket network under the Alfamidi name; convenience stores under the Lawson name; and supermarket network under the Alfamidi super name. The company also provides various services, including payment channels for motorcycle/car/electronic installments, PLN electricity billing, TV subscription, and insurance and online payment; cash withdrawal; tickets for train, airplane, bus, and concert; and balance reload. As of December 31, 2018, it operated 1,440 outlets, including 1,426 Alfamidi and 14 Alfamidi Super outlets; and 42 Lawson convenience store outlets. The company was formerly known as PT Midimart Utama. The company was founded in 2007 and is headquartered in Tangerang, Indonesia. PT Midi Utama Indonesia Tbk is a subsidiary of PT Sumber Alfaria Trijaya Tbk.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/06 17:15 |
| End of Day Share Price | 2020/06/04 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.