PT. Mitra Adiperkasa Tbk

IDX:MAPI Stock Report

Market Cap: Rp25.0t

PT. Mitra Adiperkasa Valuation

Is MAPI 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 MAPI 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: MAPI (IDR1505) is trading below our estimate of future cash flow value (IDR1544.41)

Significantly Below Future Cash Flow Value: MAPI is trading below future cash flow value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MAPI. This is calculated by dividing MAPI's market cap by their current earnings.
What is MAPI's PE Ratio?
PE Ratio10.5x
EarningsRp2.39t
Market CapRp24.98t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MAPI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average8.8x
MDIY Daya Intiguna Yasa
16.7x20.83%Rp19.6t
BUKA Bukalapak.com
5.1x-42.16%Rp12.9t
LPPF MDS Retailing
4.6x5.54%Rp3.6t
MAPA Map Aktif Adiperkasa
8.9x7.90%Rp17.0t
MAPI PT. Mitra Adiperkasa
10.5x10.16%Rp25.0t

Price-To-Earnings vs Peers: MAPI is expensive based on its Price-To-Earnings Ratio (10.5x) compared to the peer average (8.8x).

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 MAPI's PE Ratio compare vs other companies in the Asian Multiline Retail Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
MAPI 10.5xIndustry Avg. 19.4xNo. of Companies14PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MAPI is good value based on its Price-To-Earnings Ratio (10.5x) compared to the Asian Multiline Retail industry average (19.4x).

Price to Earnings Ratio vs Fair Ratio

What is MAPI'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.

MAPI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.5x
Fair PE Ratio10.7x

Price-To-Earnings vs Fair Ratio: MAPI is good value based on its Price-To-Earnings Ratio (10.5x) compared to the estimated Fair Price-To-Earnings Ratio (10.7x).

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 MAPI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRp1,505.00
Rp1,675.33
+11.32%
7.52%Rp1,950.00Rp1,400.00n/a15
May ’27Rp1,215.00
Rp1,658.13
+36.47%
7.82%Rp1,950.00Rp1,400.00n/a16
Apr ’27Rp1,250.00
Rp1,658.13
+32.65%
7.82%Rp1,950.00Rp1,400.00n/a16
Mar ’27Rp1,340.00
Rp1,658.13
+23.74%
7.82%Rp1,950.00Rp1,400.00n/a16
Feb ’27Rp1,185.00
Rp1,647.78
+39.05%
9.54%Rp1,950.00Rp1,300.00n/a18
Jan ’27Rp1,165.00
Rp1,641.76
+40.92%
9.79%Rp1,950.00Rp1,300.00n/a17
Dec ’26Rp1,220.00
Rp1,630.00
+33.61%
10.24%Rp1,950.00Rp1,300.00n/a17
Nov ’26Rp1,290.00
Rp1,608.89
+24.72%
11.53%Rp1,950.00Rp1,300.00n/a18
Oct ’26Rp1,140.00
Rp1,642.22
+44.05%
12.08%Rp2,000.00Rp1,300.00n/a18
Sep ’26Rp1,190.00
Rp1,653.33
+38.94%
12.18%Rp2,000.00Rp1,300.00n/a18
Aug ’26Rp1,205.00
Rp1,676.39
+39.12%
11.14%Rp2,000.00Rp1,300.00n/a18
Jul ’26Rp1,220.00
Rp1,693.06
+38.78%
10.48%Rp2,000.00Rp1,300.00n/a18
Jun ’26Rp1,300.00
Rp1,733.24
+33.33%
10.93%Rp2,060.00Rp1,300.00n/a17
May ’26Rp1,365.00
Rp1,832.35
+34.24%
10.47%Rp2,060.00Rp1,300.00Rp1,215.0017
Apr ’26Rp1,350.00
Rp1,850.00
+37.04%
9.56%Rp2,060.00Rp1,300.00Rp1,250.0017
Mar ’26Rp1,435.00
Rp1,864.71
+29.94%
10.20%Rp2,150.00Rp1,300.00Rp1,340.0017
Feb ’26Rp1,285.00
Rp1,866.67
+45.27%
9.91%Rp2,150.00Rp1,300.00Rp1,185.0018
Jan ’26Rp1,410.00
Rp1,892.63
+34.23%
10.13%Rp2,150.00Rp1,300.00Rp1,165.0019
Dec ’25Rp1,575.00
Rp1,894.74
+20.30%
10.04%Rp2,150.00Rp1,300.00Rp1,220.0019
Nov ’25Rp1,605.00
Rp1,907.89
+18.87%
10.64%Rp2,150.00Rp1,300.00Rp1,290.0019
Oct ’25Rp1,745.00
Rp1,902.63
+9.03%
11.77%Rp2,200.00Rp1,300.00Rp1,140.0019
Sep ’25Rp1,495.00
Rp1,850.59
+23.79%
11.06%Rp2,100.00Rp1,300.00Rp1,190.0017
Aug ’25Rp1,400.00
Rp1,929.44
+37.82%
14.56%Rp2,600.00Rp1,500.00Rp1,205.0018
Jul ’25Rp1,435.00
Rp2,091.11
+45.72%
18.18%Rp3,140.00Rp1,500.00Rp1,220.0018
Jun ’25Rp1,270.00
Rp2,144.21
+68.84%
16.45%Rp3,140.00Rp1,600.00Rp1,300.0019
May ’25Rp1,575.00
Rp2,285.26
+45.10%
13.27%Rp3,140.00Rp1,600.00Rp1,365.0019
Rp1.68k
Fair Value
10.2% undervalued intrinsic discount
15
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 16:45
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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. Mitra Adiperkasa Tbk is covered by 26 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul Robert DewberryBofA Global Research
Baruna ArkasatyoCGS International
Lakshmi RowterCitigroup Inc