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MICE

Multi Indocitra IDX:MICE Stock Report

Last Price

Rp362.00

Market Cap

Rp214.3b

7D

1.7%

1Y

-2.7%

Updated

23 May, 2022

Data

Company Financials
MICE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends2/6

MICE Stock Overview

PT Multi Indocitra Tbk produces and distributes baby and health care products, and cosmetics in Indonesia.

Multi Indocitra Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Multi Indocitra
Historical stock prices
Current Share PriceRp362.00
52 Week HighRp488.00
52 Week LowRp334.00
Beta0.14
1 Month Change0.56%
3 Month Change-1.09%
1 Year Change-2.69%
3 Year Change-15.02%
5 Year Change-11.71%
Change since IPO-44.31%

Recent News & Updates

Shareholder Returns

MICEID Retail DistributorsID Market
7D1.7%6.9%2.2%
1Y-2.7%43.1%17.3%

Return vs Industry: MICE underperformed the ID Retail Distributors industry which returned 37.9% over the past year.

Return vs Market: MICE underperformed the ID Market which returned 18.2% over the past year.

Price Volatility

Is MICE's price volatile compared to industry and market?
MICE volatility
MICE Average Weekly Movement2.9%
Retail Distributors Industry Average Movement9.7%
Market Average Movement6.2%
10% most volatile stocks in ID Market12.0%
10% least volatile stocks in ID Market2.9%

Stable Share Price: MICE is less volatile than 75% of ID stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: MICE's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1990372Anthony Honorishttps://www.mic.co.id

PT Multi Indocitra Tbk produces and distributes baby and health care products, and cosmetics in Indonesia. The company offers baby and healthcare products, including bottle, nipple, breast feeding accs, feeding accs, nursing accs, healthcare accs, teether, pacifier, breast pads and pumps, baby wipes, baby and kids toiletries, baby skin care products, and adult and baby diapers; personal care products, such as face and compact powder, two way cake, facial foam, moisturizer, shower cream, bubble foam shower, handwash, hand and body lotions, shaver and refill cartridges, face and body cleansers, nipple cream and shields, breastmilk storage bags, natural oil skin repair, and breast therapy products; and cosmetics, which includes hand gels, lip care, lipstiks, eyes shadows, and make up products, as well as viva face tonic, milk cleansers, scin foods, air mawar, eye brow pencils, and liquid foundations. It also provides food and beverage products, including lexus, oat crunch, samudra, crackers, topmix, and funmixed munchy’s; ota moruku, crack potato, miaow-miaow, omypop, and mini rice crack potatoes; waisun, southern, marshmallow, and lot sour 100 candies; d’best birdness, guava, tea, soya starway, dolphin, and wanfa drink beverages; ready to drink soya and sterile milk; and cooking spices and kitchen products.

Multi Indocitra Fundamentals Summary

How do Multi Indocitra's earnings and revenue compare to its market cap?
MICE fundamental statistics
Market CapRp214.27b
Earnings (TTM)Rp30.12b
Revenue (TTM)Rp770.71b

7.1x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MICE income statement (TTM)
RevenueRp770.71b
Cost of RevenueRp373.21b
Gross ProfitRp397.50b
Other ExpensesRp367.38b
EarningsRp30.12b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)50.89
Gross Margin51.58%
Net Profit Margin3.91%
Debt/Equity Ratio32.6%

How did MICE perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

8%

Payout Ratio

Valuation

Is Multi Indocitra undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


7.11x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: MICE (IDR362) is trading above our estimate of fair value (IDR39.9)

Significantly Below Fair Value: MICE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MICE is good value based on its PE Ratio (7.1x) compared to the ID Retail Distributors industry average (48.1x).

PE vs Market: MICE is good value based on its PE Ratio (7.1x) compared to the ID market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MICE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MICE is good value based on its PB Ratio (0.3x) compared to the ID Retail Distributors industry average (2.4x).


Future Growth

How is Multi Indocitra forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-0.9%

Forecasted Retail 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 Multi Indocitra 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.


Past Performance

How has Multi Indocitra performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-16.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MICE has high quality earnings.

Growing Profit Margin: MICE's current net profit margins (3.9%) are higher than last year (0.4%).


Past Earnings Growth Analysis

Earnings Trend: MICE's earnings have declined by 16.1% per year over the past 5 years.

Accelerating Growth: MICE's earnings growth over the past year (1016.5%) exceeds its 5-year average (-16.1% per year).

Earnings vs Industry: MICE earnings growth over the past year (1016.5%) exceeded the Retail Distributors industry 249.7%.


Return on Equity

High ROE: MICE's Return on Equity (4.2%) is considered low.


Financial Health

How is Multi Indocitra's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MICE's short term assets (IDR510.0B) exceed its short term liabilities (IDR312.5B).

Long Term Liabilities: MICE's short term assets (IDR510.0B) exceed its long term liabilities (IDR40.1B).


Debt to Equity History and Analysis

Debt Level: MICE's net debt to equity ratio (23.9%) is considered satisfactory.

Reducing Debt: MICE's debt to equity ratio has increased from 25.6% to 32.6% over the past 5 years.

Debt Coverage: MICE's debt is not well covered by operating cash flow (12.8%).

Interest Coverage: MICE's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


Dividend

What is Multi Indocitra current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.10%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MICE's dividend (1.1%) isn’t notable compared to the bottom 25% of dividend payers in the ID market (1.13%).

High Dividend: MICE's dividend (1.1%) is low compared to the top 25% of dividend payers in the ID market (4.15%).


Stability and Growth of Payments

Stable Dividend: MICE's dividend payments have been volatile in the past 10 years.

Growing Dividend: MICE's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (7.9%), MICE's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (25.6%), MICE's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

9.8yrs

Average board tenure


CEO

Anthony Honoris (38 yo)

7yrs

Tenure

Mr. Anthony Honoris has been a Director of PT Multi Indocitra Tbk since may 2013. Mr. Honoris began his career in Sales & Marketing division at PT Multi Indocitra Tbk in 2006. He Bachelor Degree of Commerc...


Board Members

Experienced Board: MICE's board of directors are considered experienced (9.8 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 Multi Indocitra Tbk's employee growth, exchange listings and data sources


Key Information

  • Name: PT Multi Indocitra Tbk
  • Ticker: MICE
  • Exchange: IDX
  • Founded: 1990
  • Industry: Distributors
  • Sector: Retail
  • Implied Market Cap: Rp214.269b
  • Shares outstanding: 591.90m
  • Website: https://www.mic.co.id

Number of Employees


Location

  • PT Multi Indocitra Tbk
  • Green Central City
  • 6th Floor
  • Jakarta Barat
  • Jakarta Raya
  • 11120
  • Indonesia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.