PT Aspirasi Hidup Indonesia Tbk

IDX:ACES Stock Report

Market Cap: Rp6.1t

Aspirasi Hidup Indonesia Valuation

Is ACES undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of ACES when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: ACES (IDR356) is trading above our estimate of future cash flow value (IDR256.04)

Significantly Below Future Cash Flow Value: ACES is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ACES?

Key metric: As ACES is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ACES. This is calculated by dividing ACES's market cap by their current earnings.
What is ACES's PE Ratio?
PE Ratio7.6x
EarningsRp798.92b
Market CapRp6.09t

Price to Earnings Ratio vs Peers

How does ACES's PE Ratio compare to its peers?

The above table shows the PE ratio for ACES vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.3x
DEPO Caturkarda Depo Bangunan
16.2xn/aRp1.4t
ERAA Erajaya Swasembada
5.1x11.43%Rp6.1t
MPMX Mitra Pinasthika Mustika
9.3xn/aRp4.3t
IMAS Indomobil Sukses Internasional
30.6xn/aRp4.1t
ACES Aspirasi Hidup Indonesia
7.6x10.66%Rp6.1t

Price-To-Earnings vs Peers: ACES is good value based on its Price-To-Earnings Ratio (7.6x) compared to the peer average (15.3x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does ACES's PE Ratio compare vs other companies in the Asian Specialty Retail Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ACES 7.6xIndustry Avg. 14.9xNo. of Companies61PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ACES is good value based on its Price-To-Earnings Ratio (7.6x) compared to the Asian Specialty Retail industry average (14.8x).

Price to Earnings Ratio vs Fair Ratio

What is ACES's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ACES PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.6x
Fair PE Ratio8.8x

Price-To-Earnings vs Fair Ratio: ACES is good value based on its Price-To-Earnings Ratio (7.6x) compared to the estimated Fair Price-To-Earnings Ratio (8.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ACES forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRp356.00
Rp538.47
+51.26%
15.60%Rp750.00Rp450.00n/a17
Apr ’27Rp376.00
Rp541.41
+43.99%
15.08%Rp750.00Rp455.00n/a17
Mar ’27Rp400.00
Rp541.41
+35.35%
15.08%Rp750.00Rp455.00n/a17
Feb ’27Rp400.00
Rp539.06
+34.76%
15.50%Rp750.00Rp450.00n/a17
Jan ’27Rp410.00
Rp555.25
+35.43%
20.55%Rp860.00Rp450.00n/a16
Dec ’26Rp416.00
Rp578.67
+39.10%
20.83%Rp860.00Rp450.00n/a15
Nov ’26Rp444.00
Rp573.57
+29.18%
22.24%Rp860.00Rp400.00n/a14
Oct ’26Rp422.00
Rp596.43
+41.33%
24.24%Rp870.00Rp400.00n/a14
Sep ’26Rp444.00
Rp608.57
+37.07%
24.07%Rp870.00Rp400.00n/a14
Aug ’26Rp472.00
Rp639.62
+35.51%
19.94%Rp870.00Rp500.00n/a13
Jul ’26Rp494.00
Rp639.62
+29.48%
19.94%Rp870.00Rp500.00n/a13
Jun ’26Rp575.00
Rp645.77
+12.31%
19.12%Rp870.00Rp500.00n/a13
May ’26Rp535.00
Rp728.83
+36.23%
26.12%Rp1,110.00Rp475.00n/a12
Apr ’26Rp500.00
Rp961.33
+92.27%
17.41%Rp1,200.00Rp650.00Rp376.0012
Mar ’26Rp645.00
Rp967.77
+50.04%
15.06%Rp1,200.00Rp650.00Rp400.0013
Feb ’26Rp765.00
Rp973.64
+27.27%
14.40%Rp1,200.00Rp650.00Rp400.0014
Jan ’26Rp790.00
Rp952.56
+20.58%
16.74%Rp1,200.00Rp600.00Rp410.0016
Dec ’25Rp770.00
Rp952.56
+23.71%
16.74%Rp1,200.00Rp600.00Rp416.0016
Nov ’25Rp900.00
Rp946.94
+5.22%
16.98%Rp1,200.00Rp600.00Rp444.0016
Oct ’25Rp895.00
Rp938.00
+4.80%
15.78%Rp1,200.00Rp600.00Rp422.0017
Sep ’25Rp715.00
Rp931.53
+30.28%
16.18%Rp1,200.00Rp590.00Rp444.0017
Aug ’25Rp795.00
Rp971.18
+22.16%
17.12%Rp1,200.00Rp590.00Rp472.0017
Jul ’25Rp855.00
Rp968.53
+13.28%
17.16%Rp1,200.00Rp590.00Rp494.0017
Jun ’25Rp820.00
Rp956.18
+16.61%
17.13%Rp1,200.00Rp590.00Rp575.0017
May ’25Rp935.00
Rp946.56
+1.24%
17.33%Rp1,200.00Rp590.00Rp535.0016
Apr ’25Rp910.00
Rp871.53
-4.23%
16.14%Rp1,200.00Rp590.00Rp500.0015
Rp538.47
Fair Value
33.9% undervalued intrinsic discount
17
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/10 02:28
End of Day Share Price 2026/04/10 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PT Aspirasi Hidup Indonesia Tbk is covered by 30 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Angus MackintoshAletheia Analyst Network Limited
Swati ChopraBofA Global Research
Hadi SoegiartoCGS International