OTCPK:PMDK.Y

Stock Analysis Report

Executive Summary

PT. Mitra Adiperkasa Tbk engages in the retail trade of clothing, shoes, toys, accessories, bags, and sports equipment.

Rewards

PE ratio (16.9x) is below the US market (17.2x)

Earnings are forecast to grow 17.94% per year

Earnings grew by 27.5% over the past year

Risk Analysis

No risks detected for PMDK.Y from our risk checks.


Snowflake Analysis

Flawless balance sheet with proven track record.


Similar Companies

Share Price & News

How has Mitra Adiperkasa's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PMDK.Y has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

PMDK.Y

-4.1%

US Multiline Retail

-7.4%

US Market


1 Year Return

n/a

PMDK.Y

13.0%

US Multiline Retail

10.5%

US Market

Return vs Industry: Insufficient data to determine how PMDK.Y performed against the US Multiline Retail industry.

Return vs Market: Insufficient data to determine how PMDK.Y performed against the US Market.


Shareholder returns

PMDK.YIndustryMarket
7 Day0%-4.1%-7.4%
30 Day-10.6%-1.7%-3.6%
90 Dayn/a-6.7%-0.6%
1 Yearn/a15.6%13.0%12.8%10.5%
3 Yearn/a55.5%44.5%37.4%28.6%
5 Year43.4%41.3%22.6%6.9%61.3%43.6%

Price Volatility Vs. Market

How volatile is Mitra Adiperkasa's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Mitra Adiperkasa undervalued compared to its fair value and its price relative to the market?

16.92x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PMDK.Y ($13.06) is trading above our estimate of fair value ($9.32)

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


Price To Earnings Ratio

PE vs Industry: PMDK.Y is poor value based on its PE Ratio (16.9x) compared to the Multiline Retail industry average (11x).

PE vs Market: PMDK.Y is good value based on its PE Ratio (16.9x) compared to the US market (17.2x).


Price to Earnings Growth Ratio

PEG Ratio: PMDK.Y is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: PMDK.Y is overvalued based on its PB Ratio (2.3x) compared to the US Multiline Retail industry average (1.2x).


Next Steps

Future Growth

How is Mitra Adiperkasa forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

17.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PMDK.Y's forecast earnings growth (17.9% per year) is above the savings rate (1.7%).

Earnings vs Market: PMDK.Y's earnings (17.9% per year) are forecast to grow faster than the US market (13.2% per year).

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

Revenue vs Market: PMDK.Y's revenue (11.5% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: PMDK.Y's revenue (11.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PMDK.Y's Return on Equity is forecast to be low in 3 years time (16.4%).


Next Steps

Past Performance

How has Mitra Adiperkasa performed over the past 5 years?

51.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PMDK.Y has high quality earnings.

Growing Profit Margin: PMDK.Y's current net profit margins (4%) are higher than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: PMDK.Y's earnings have grown significantly by 51.2% per year over the past 5 years.

Accelerating Growth: PMDK.Y's earnings growth over the past year (27.5%) is below its 5-year average (51.2% per year).

Earnings vs Industry: PMDK.Y earnings growth over the past year (27.5%) exceeded the Multiline Retail industry -9%.


Return on Equity

High ROE: PMDK.Y's Return on Equity (14.7%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Mitra Adiperkasa's financial position?


Financial Position Analysis

Short Term Liabilities: PMDK.Y's short term assets (IDR7,437.1B) exceed its short term liabilities (IDR4,825.4B).

Long Term Liabilities: PMDK.Y's short term assets (IDR7,437.1B) exceed its long term liabilities (IDR1,188.9B).


Debt to Equity History and Analysis

Debt Level: PMDK.Y's debt to equity ratio (26.4%) is considered satisfactory.

Reducing Debt: PMDK.Y's debt to equity ratio has reduced from 144.3% to 26.4% over the past 5 years.

Debt Coverage: PMDK.Y's debt is well covered by operating cash flow (112.2%).

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


Balance Sheet

Inventory Level: PMDK.Y has a high level of physical assets or inventory.

Debt Coverage by Assets: PMDK.Y's debt is covered by short term assets (assets are 4x debt).


Next Steps

Dividend

What is Mitra Adiperkasa's current dividend yield, its reliability and sustainability?

1.61%

Forecast Dividend Yield


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.9%industryaverage2.5%forecastin3Years1.6%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate PMDK.Y's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PMDK.Y's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PMDK.Y's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PMDK.Y's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PMDK.Y is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PMDK.Y's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

12.2yrs

Average board tenure


CEO

Virendra Sharma (61yo)

0

Mr. Virendra Prakash Sharma has been Independent Vice President Director of PT Mitra Adiperkasa Tbk since September 6, 2016 and serves as its Group Chief Executive Officer. Mr. Sharma has been instrumental ...


Board Members

NamePositionTenureCompensationOwnership
Virendra Sharma
Independent Vice President Director & Group CEO0yrsno datano data
Susiana Latif
Group CFO15.4yrsno datano data
Sjeniwati Gusman
Director of Accounting & Director15.4yrsno datano data
Michael Capper
Head of Active Division - Sports14.7yrsno datano data
Handaka Santosa
Head of Department Stores Division & Director1.8yrsno datano data
Mari Pangestu
Independent President Commissioner1.8yrsno datano data
Herman Bermhard Mantiri
Independent President Director15.4yrsno datano data
G. B. P. H. Prabukusumo
Independent Vice President Commissioner9.7yrsno datano data
Hendry Batubara
Commissioner1.8yrsno datano data
Sintia Kolonas
Director1.8yrsno datano data

12.2yrs

Average Tenure

62.5yo

Average Age

Experienced Board: PMDK.Y's board of directors are seasoned and experienced ( 12.2 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. Mitra Adiperkasa Tbk's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PT. Mitra Adiperkasa Tbk
  • Ticker: PMDK.Y
  • Exchange: OTCPK
  • Founded: 1995
  • Industry: Department Stores
  • Sector: Retail
  • Market Cap: Rp13.893t
  • Listing Market Cap: Rp996.148m
  • Shares outstanding: 16.54b
  • Website: https://www.map.co.id

Number of Employees


Location

  • PT. Mitra Adiperkasa Tbk
  • Sahid Sudirman Center
  • 29th Floor
  • Central Jakarta
  • Jakarta Raya
  • 10220
  • Indonesia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MAPIIDX (Indonesia Stock Exchange)YesOrdinary SharesIDIDRNov 2004
QGIDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2004
PMDK.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2004
PMDK.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDOct 2010

Biography

PT. Mitra Adiperkasa Tbk engages in the retail trade of clothing, shoes, toys, accessories, bags, and sports equipment. The company operates through Retail Sales, Department Stores, Café and Restaurant, and Others segments. It operates sports, fashion, department, kids, food and beverage, and lifestyle product stores under approximately 150 retail brands. The company is also involved in the operation of café and restaurant business; and property, investment, book store, and handicraft trading activities. It operates approximately 2,200 stores/outlets in Jakarta, Bandung, Surabaya, Bali, Medan, Makassar, Batam, Manado, and other cities in Indonesia. The company was founded in 1995 and is headquartered in Central Jakarta, Indonesia. PT. Mitra Adiperkasa Tbk is a subsidiary of PT Satya Mulia Gema Gemilang. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 01:17
End of Day Share Price2020/02/19 00:00
Earnings2019/09/30
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.