1. Indonesia Stocks

  2. •

    Consumer Cyclical

  3. •

    Specialty Retail
PT Aspirasi Hidup Indonesia Tbk

PT Aspirasi Hidup Indonesia Tbk

ACEHF
PT Aspirasi Hidup Indonesia TbkUS flagOther OTC
0.03
USD
- -
- -
537.58MMarket Cap
PT Aspirasi Hidup Indonesia Tbk
ACEHF
(Other OTC)

Recent

price

0.03

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
95.69
137.71
187.95
227.34
265.56
278.21
289.56
348.38
424
476.88
433.32
382.5
395.33
445.44
500.01
- -
507.82
Revenue per Share
9.97
16.29
25.49
29.7
32.88
34.51
41.69
45.62
56.49
59.58
42.86
40.38
38.83
45.03
51.97
- -
47.72
Basic EPS, GAAP
-9.31
-10.64
-8.04
-4.89
-5.67
-7.64
-8.53
-8.95
-9.51
-10.12
-9.53
-4.94
-6.28
-7.72
-11.62
- -
-9.87
Free Cash Flow per Basic Share
0.92
5.06
2.49
9.97
5.98
15.99
15.42
16.49
22.8
28.32
18.08
32.18
20.61
31.08
33.41
- -
- -
Dividend per Share
35.39
44.9
67.15
82.93
106.27
122.36
143.92
166.66
196.41
222.2
259.4
272.25
292.32
307.14
325.8
- -
309.08
Book Value per Share
59.74
70.39
93.54
108.93
135.33
153.65
178.51
205.44
244.47
273.52
312.15
325.9
351.45
363.62
379.22
- -
362.35
Tangible Book Value per Share
17,150
17,500
17,150
17,135
17,102
17,046
17,046
17,046
17,075
17,075
17,107
17,107
17,107
17,107
17,165
- -
17,165
Basic Weighted Avg Shares
1,641,122
2,409,861
3,223,291
3,895,446
4,541,474
4,742,526
4,935,903
5,938,576
7,239,754
8,142,717
7,412,767
6,543,363
6,762,803
7,620,153
8,582,510
8,638,654
8,716,626
Sales/Revenue/Turnover
13.85
15.07
15.98
14.5
14.58
14.26
14.53
14.43
14.8
14.95
11.5
11.82
11.03
11.4
11.92
7.22
10.09
Operating Margin (%)
- -
52,852
69,042
85,969
86,539
89,939
71,463
75,367
95,368
403,589
451,996
448,490
462,914
484,385
509,749
574,402
538,184
Depreciation Expense
170,981
285,127
437,143
508,873
562,324
588,325
710,580
777,727
964,554
1,017,395
733,195
690,771
664,343
770,403
892,044
668,726
819,151
Net Income, GAAP
23.79
24.63
20.19
19.26
19.59
20.6
18.19
18.68
18.83
18.93
20.8
16.58
17.93
19.79
18.34
17.24
17.02
Effective Tax Rate (%)
10.42
11.83
13.56
13.06
12.38
12.41
14.4
13.1
13.32
12.49
9.89
10.56
9.82
10.11
10.39
7.74
9.4
Profit Margin (%)
725,197
680,343
1,010,566
1,307,910
1,744,455
2,055,106
2,433,417
2,880,064
3,127,284
3,586,175
4,189,809
4,469,571
4,775,471
4,937,099
5,076,230
5,092,859
4,885,093
Working Capital
- -
- -
13,889
7,222
556
- -
- -
- -
441,457
572,335
577,041
571,448
449,927
601,754
628,277
677,028
813,301
LT Debt
1,024,574
1,231,874
1,618,001
1,888,546
2,329,112
2,628,826
3,048,728
3,510,422
4,182,252
4,676,301
5,343,598
5,578,980
6,016,545
6,224,388
6,512,334
6,597,263
6,221,887
Total Equity
18.13
23.73
27.85
25.03
24.5
21.14
20.31
20.96
20.43
18.82
11.4
10.08
9.23
9.98
11.39
6.77
10.24
Return on Invested Capital (%)
31.46
40.6
44.4
38.77
34.46
30.03
31.41
29.28
27.6
24.77
16.19
13.67
12.39
13.7
15.08
11.16
14.49
Return on Capital (%)
31.27
40.95
45.13
39.56
34.73
30.15
31.31
29.38
31.14
28.47
17.81
15.19
13.76
15.03
16.45
11.91
15.8
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
291,893
257,377
180,992
LT Borrowings
- -
- -
- -
LT Finance Leases
628,277
747,733
813,301
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17,150
17,150
17,150
Market Capitalization
13,795,916
2,860,801
11,074,068

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
5,949,616
6,106,135
6,174,555
Cash, Cash Equivalents & STI
1,902,227
1,865,056
2,105,763
Accounts Receivable, Net
44,904
97,440
119,266
Inventories
3,396,280
3,756,844
3,587,674
Total Current Liabilities
873,386
860,691
1,289,461
Payables & Accruals
- -
- -
- -
ST Debt
291,893
257,377
180,992
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.79%
4.32%
1.3%
Free Cash Flow
7.06%
9.37%
-6.15%
Net Income, GAAP
2.89%
-0.58%
-25.03%
Sales/Revenue/Turnover
6.74%
3.52%
0.65%
Total Cash Common Dividend
13.18%
20.36%
1.1%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,992,528
2,142,339
2,093,281
2,354,363
8,582,510
2025
2,136,084
2,132,898
2,304,786
- -
8,638,654
2026
2,352,742
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11.97
- -
- -
- -
51.97
2025
8.25
- -
- -
- -
- -
2026
9.53
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
33.41
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
GOME Retail Holdings Limited (GMELF)
Mothercare plc (MTC.L)
Overstock.com, Inc. (OSTKO)
GMEX ROBOTICS Corp. Class A (FTEL)
Mahasagar Travels Limited (MHSGRMS.BO)
eBay Inc. (0R3D.L)
Business
PT Aspirasi Hidup Indonesia Tbk (ACES) operates as a leading retailer of home improvement, household appliances, lifestyle, and toys products in Indonesia. Founded in 1995 and headquartered in Jakarta, the company, a subsidiary of PT Kawan Lama Sejahtera, manages over 360 stores across more than 80 cities under brands including AZKO for home improvement retail; Toys Kingdom for toys and collectibles; ATARU for millennial fashion and lifestyle; Pendopo for fashion, craft, and culinary products from MSMEs; and ruparupa for omni-channel e-commerce, offering household and electrical appliances, tools, cleaning and gardening equipment, pet supplies, furniture, decoration, automotive accessories, sporting goods, kitchenware, electronics, beauty products, food and beverages, and children's toys. Its product portfolio encompasses categories such as outdoor living, paint and sundries, plumbing supplies and fixtures, electrical items, and renovation materials, marketed through physical outlets and online platforms to serve families and individual consumers nationwide. In a major strategic shift, the company changed its name from PT ACE Hardware Indonesia Tbk in June 2024 via an Extraordinary General Meeting of Shareholders, terminated its 29-year licensing agreement with ACE Hardware International Holdings Ltd effective December 31, 2024, launched a new corporate logo, and introduced the AZKO brand identity in early 2025 to enhance modernity, trendiness, and interactivity in shopping experiences, including a flagship store at Pondok Indah Mall 1; it also expanded by opening 10 new stores in the first half of 2024 across six regions such as Banyuwangi, Garut, Banda Aceh, Tanjungpinang, Ternate, and Palopo, supporting robust financial growth with net profit up 21% to Rp366 billion and net revenue up 14% to Rp4.1 trillion in that period.