Reported Earnings • May 05
First quarter 2026 earnings released: EPS: Rp8.00 (vs Rp0.75 in 1Q 2025) First quarter 2026 results: EPS: Rp8.00 (up from Rp0.75 in 1Q 2025). Revenue: Rp3.16t (up 5.2% from 1Q 2025). Net income: Rp119.8b (up Rp108.1b from 1Q 2025). Profit margin: 3.8% (up from 0.4% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Duyuru • Apr 07
PT Multipolar Tbk, Annual General Meeting, May 13, 2026 PT Multipolar Tbk, Annual General Meeting, May 13, 2026. Reported Earnings • Mar 08
Full year 2025 earnings released: Rp9.98 loss per share (vs Rp10.20 profit in FY 2024) Full year 2025 results: Rp9.98 loss per share (down from Rp10.20 profit in FY 2024). Revenue: Rp12t (up 1.3% from FY 2024). Net loss: Rp156.4b (down 198% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. New Risk • Feb 06
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: Rp1.69t (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 02
Third quarter 2025 earnings released: EPS: Rp0.74 (vs Rp0.62 in 3Q 2024) Third quarter 2025 results: EPS: Rp0.74 (up from Rp0.62 in 3Q 2024). Revenue: Rp2.84t (up 8.9% from 3Q 2024). Net income: Rp11.2b (up 16% from 3Q 2024). Profit margin: 0.4% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Board Change • Oct 24
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Independent Commissioner David Audy was the last independent director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 22
PT Multipolar Tbk, Annual General Meeting, May 28, 2025 PT Multipolar Tbk, Annual General Meeting, May 28, 2025. Location: meeting both physically and eletronically, jakarta Indonesia Reported Earnings • Nov 03
Third quarter 2024 earnings released: EPS: Rp0.61 (vs Rp2.14 in 3Q 2023) Third quarter 2024 results: EPS: Rp0.61 (down from Rp2.14 in 3Q 2023). Revenue: Rp2.61t (down 2.5% from 3Q 2023). Net income: Rp9.66b (down 71% from 3Q 2023). Profit margin: 0.4% (down from 1.2% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to Rp214, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 22x in the Multiline Retail industry in Asia. Total loss to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to Rp103, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 22x in the Multiline Retail industry in Asia. Total loss to shareholders of 70% over the past three years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to Rp77.00, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 22x in the Multiline Retail industry in Asia. Total loss to shareholders of 86% over the past three years. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Rp85.00, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 22x in the Multiline Retail industry in Asia. Total loss to shareholders of 83% over the past three years. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to Rp77.00, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 21x in the Multiline Retail industry in Asia. Total loss to shareholders of 83% over the past three years. New Risk • Aug 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (Rp1.30t market cap, or US$82.9m). Reported Earnings • Aug 03
Second quarter 2024 earnings released: EPS: Rp6.78 (vs Rp5.21 in 2Q 2023) Second quarter 2024 results: EPS: Rp6.78 (up from Rp5.21 in 2Q 2023). Revenue: Rp2.73t (down 9.5% from 2Q 2023). Net income: Rp115.8b (up 43% from 2Q 2023). Profit margin: 4.2% (up from 2.7% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 56% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to Rp61.00, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 21x in the Multiline Retail industry in Asia. Total loss to shareholders of 73% over the past three years. Reported Earnings • May 02
First quarter 2024 earnings released First quarter 2024 results: Revenue: Rp3.03t (up 21% from 1Q 2023). Net income: Rp31.2b (up 6.4% from 1Q 2023). Profit margin: 1.0% (down from 1.2% in 1Q 2023). The decrease in margin was driven by higher expenses. New Risk • May 02
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.5% Last year net profit margin: 2.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (Rp784.1b market cap, or US$48.6m). Reported Earnings • Apr 03
Full year 2023 earnings released Full year 2023 results: Revenue: Rp11t (up 1.0% from FY 2022). Net income: Rp172.0b (up 14% from FY 2022). Profit margin: 1.6% (up from 1.4% in FY 2022). Reported Earnings • Nov 04
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: Rp2.67t (up 4.2% from 3Q 2022). Net income: Rp33.3b (up Rp29.5b from 3Q 2022). Profit margin: 1.2% (up from 0.1% in 3Q 2022). The increase in margin was driven by higher revenue. Reported Earnings • Aug 03
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: Rp3.01t (up 4.0% from 2Q 2022). Net income: Rp81.1b (down 45% from 2Q 2022). Profit margin: 2.7% (down from 5.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Rp103, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 23x in the Multiline Retail industry in Asia. Total returns to shareholders of 98% over the past three years. Reported Earnings • Mar 23
Full year 2022 earnings released Full year 2022 results: Revenue: Rp11t (up 5.3% from FY 2021). Net income: Rp151.2b (down 25% from FY 2021). Profit margin: 1.4% (down from 2.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Rp83.00, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 18x in the Multiline Retail industry in Asia. Total returns to shareholders of 66% over the past three years. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment deteriorated over the past week After last week's 15% share price decline to Rp116, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 18x in the Multiline Retail industry in Asia. Total returns to shareholders of 47% over the past three years. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Independent Commissioner Alex Rusli was the last independent director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improved over the past week After last week's 17% share price gain to Rp133, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 18x in the Multiline Retail industry in Asia. Total returns to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to Rp118, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 18x in the Multiline Retail industry in Asia. Total returns to shareholders of 33% over the past three years. Reported Earnings • May 11
First quarter 2022 earnings released First quarter 2022 results: Revenue: Rp2.68t (up 16% from 1Q 2021). Net loss: Rp69.2b (loss narrowed 74% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Independent Commissioner Alex Rusli was the last independent director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 01
Full year 2020 earnings released: Rp54.13 loss per share (vs Rp60.25 loss in FY 2019) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: Rp10t (down 17% from FY 2019). Net loss: Rp792.4b (loss narrowed 10% from FY 2019). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Mar 03
New 90-day high: Rp97.00 The company is up 37% from its price of Rp71.00 on 03 December 2020. The Indonesian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is down 1.0% over the same period. Is New 90 Day High Low • Nov 24
New 90-day high: Rp67.00 The company is up 34% from its price of Rp50.00 on 26 August 2020. The Indonesian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is down 5.0% over the same period.