OTCPK:ACEH.F

Stock Analysis Report

Ace Hardware Indonesia

Executive Summary

PT Ace Hardware Indonesia Tbk engages in the retail of household appliances and lifestyle products in Indonesia.

Snowflake

Fundamentals

Flawless balance sheet with outstanding track record and pays a dividend.

Share Price & News

How has Ace Hardware Indonesia's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

ACEH.F

1.5%

US Specialty Retail

0.4%

US Market


1 Year Return

n/a

ACEH.F

8.0%

US Specialty Retail

6.9%

US Market

Return vs Industry: Insufficient data to determine how ACEH.F performed against the US Specialty Retail industry.

Return vs Market: Insufficient data to determine how ACEH.F performed against the US Market.


Shareholder returns

ACEH.FIndustryMarket
7 Day0%1.5%0.4%
30 Day-2.1%3.5%-1.1%
90 Dayn/a4.5%-0.5%
1 Yearn/a9.8%8.0%9.3%6.9%
3 Yearn/a42.6%35.3%45.8%36.4%
5 Yearn/a57.5%43.6%62.9%45.1%

Price Volatility Vs. Market

How volatile is Ace Hardware Indonesia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ace Hardware Indonesia undervalued compared to its fair value and its price relative to the market?

31.72x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: ACEH.F ($0.12) is trading above our estimate of fair value ($0.07)

Significantly Undervalued: ACEH.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ACEH.F is poor value based on its PE Ratio (31.7x) compared to the Specialty Retail industry average (15.4x).

PE vs Market: ACEH.F is poor value based on its PE Ratio (31.7x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

Low PEG Ratio: ACEH.F is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: ACEH.F is overvalued based on its PB Ratio (7.6x) compared to the US Specialty Retail industry average (1.4x).


Next Steps

Future Growth

How is Ace Hardware Indonesia forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

13.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ACEH.F's forecast earnings growth (13% per year) is above the savings rate (2.7%).

Earnings vs Market: ACEH.F's earnings (13% per year) are forecast to grow slower than the US market (14.6% per year).

High Growth Earnings: ACEH.F's earnings are forecast to grow, but not significantly.

Revenue vs Market: ACEH.F's revenue (13% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: ACEH.F's revenue (13% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: ACEH.F's Return on Equity is forecast to be high in 3 years time (23%)


Next Steps

Past Performance

How has Ace Hardware Indonesia performed over the past 5 years?

13.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ACEH.F's earnings have grown by 13.7% per year over the past 5 years.

Accelerating Growth: ACEH.F's earnings growth over the past year (15.7%) exceeds its 5-year average (13.7% per year).

Earnings vs Industry: ACEH.F earnings growth over the past year (15.7%) exceeded the Specialty Retail industry 8.3%.


Return on Equity

High ROE: ACEH.F's Return on Equity (24.2%) is considered high.


Return on Assets

ROA vs Industry: ACEH.F has a higher Return on Assets than the Specialty Retail industry average last year.


Return on Capital Employed

ROCE Improving: ACEH.F has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Ace Hardware Indonesia's financial position?


Financial Position Analysis

Short Term Liabilities: ACEH.F's short term assets (IDR3,950.8B) exceeds its short term liabilities (IDR476.7B)

Long Term Liabilities: ACEH.F's short term assets (3,950.8B) exceeds its long term liabilities (494.0B)


Debt to Equity History and Analysis

Debt Level: ACEH.F's debt to equity ratio (0.5%) is considered satisfactory

Reducing Debt: ACEH.F's debt to equity ratio has reduced from 1.7% to 0.5% over the past 5 years.

Debt Coverage: ACEH.F's debt is well covered by operating cash flow (1352.7%).

Interest Coverage: ACEH.F earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: ACEH.F has a high level of physical assets or inventory.

Debt Coverage by Assets: ACEH.F's debt is covered by short term assets (assets are 172.840850x debt).


Next Steps

Dividend

What is Ace Hardware Indonesia's current dividend yield, its reliability and sustainability?

1.50%

Current Dividend Yield


Dividend Yield vs Market

company1.5%marketbottom25%1.4%markettop25%3.7%industryaverage2.0%forecastin3Years1.7%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: ACEH.F's dividend (1.5%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: ACEH.F's dividend (1.5%) is low compared to the top 25% of dividend payers in the US market (3.73%).

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

Growing Dividend: ACEH.F's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (47.7%), ACEH.F's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ACEH.F's dividends in 3 years are forecast to be well covered by earnings (44.1% payout ratio).


Next Steps

Management

What is the CEO of Ace Hardware Indonesia's salary, the management and board of directors tenure and is there insider trading?

14.3yrs

Average management tenure


CEO

Prabowo Widya krisnadi (57yo)

23.8yrs

Tenure

0

Mr. Prabowo Widya Krisnadi has been President Director of PT Ace Hardware Indonesia Tbk since 1996 and serves as its a Director. 


Management Age and Tenure

14.3yrs

Average Tenure

54yo

Average Age

Experienced Management: ACEH.F's management team is seasoned and experienced (14.3 years average tenure).


Board Age and Tenure

23.8yrs

Average Tenure

61.5yo

Average Age

Experienced Board: ACEH.F's board of directors are seasoned and experienced ( 23.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Hartanto Djasman (62yo)

    Controller & support Director and Director

    • Tenure: 0yrs
  • Prabowo Widya krisnadi (57yo)

    President Director

    • Tenure: 23.8yrs
  • Sugiyanto Wibawa (61yo)

    Operations & Business Develop. Director and Non-Affiliated Director

    • Tenure: 0yrs
  • Tarisa Widyakrisnadi (51yo)

    Merchandising Director & Director

    • Tenure: 0yrs
  • Petrus Prakoso (51yo)

    Head of Internal Audit

    • Tenure: 18.8yrs
  • Helen Tanzil (51yo)

    Head of Investor Relations Division & Corporate Secretary

    • Tenure: 9.9yrs

Board Members

  • Teddy Setiawan (62yo)

    Independent Commissioner

    • Tenure: 7.4yrs
  • Hartanto Djasman (62yo)

    Controller & support Director and Director

    • Tenure: 0yrs
  • Prabowo Widya krisnadi (57yo)

    President Director

    • Tenure: 23.8yrs
  • Kuncoro Wibowo (63yo)

    President Commissioner

    • Tenure: 24.8yrs
  • Ijek Widyakrisnadi (61yo)

    Commissioner

    • Tenure: 24.8yrs
  • Sugiyanto Wibawa (61yo)

    Operations & Business Develop. Director and Non-Affiliated Director

    • Tenure: 0yrs
  • Purn Tarub (77yo)

    Independent Commissioner

    • Tenure: 11.8yrs
  • Tarisa Widyakrisnadi (51yo)

    Merchandising Director & Director

    • Tenure: 0yrs

Company Information

PT Ace Hardware Indonesia Tbk's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PT Ace Hardware Indonesia Tbk
  • Ticker: ACEH.F
  • Exchange: OTCPK
  • Founded: 1995
  • Industry: Home Improvement Retail
  • Sector: Retail
  • Market Cap: Rp32.180t
  • Listing Market Cap: Rp2.278b
  • Shares outstanding: 17.12b
  • Website: https://www.acehardware.co.id

Number of Employees


Location

  • PT Ace Hardware Indonesia Tbk
  • Kawan Lama Building
  • 5th floor
  • Jakarta
  • 11610
  • Indonesia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ACESIDX (Indonesia Stock Exchange)YesOrdinary SharesIDIDRNov 2007
ACEH.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2007
4AH1DB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2007

Biography

PT Ace Hardware Indonesia Tbk engages in the retail of household appliances and lifestyle products in Indonesia. It operates through Home Improvement Products, Lifestyle Products, and Toy Products segments ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 00:06
End of Day Share Price2019/10/02 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.