1. Indonesia Stocks

  2. •

    Consumer Cyclical

  3. •

    Furnishings, Fixtures & Appliances
PT Gema Grahasarana Tbk

PT Gema Grahasarana Tbk

GEMA.JK
PT Gema Grahasarana TbkID flagIndonesia Stock Exchange
79.00
IDR
- -
- -
126.16BMarket Cap
PT Gema Grahasarana Tbk
GEMA.JK
(Indonesia Stock Exchange)

Recent

price

79.00

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
280.2
323.9
373.82
410.95
394.74
523.4
589.24
2,764.34
735.42
742.04
615.22
694.02
693.3
792.49
896.32
935.46
935.59
Revenue per Share
16.24
17.29
17.91
11.56
11.39
15.53
19.2
74.66
13.51
16.15
0.79
8.03
0.13
8.52
11.46
13.27
17.69
Basic EPS, GAAP
-2.37
-5.57
-4
-7.3
-5.78
-8.24
-6.65
-117.84
-43.83
-15.24
-28.37
-28.22
-21.18
-15.53
-10.54
-11.23
-17.51
Free Cash Flow per Basic Share
- -
0.6
- -
6.2
1.47
1.42
3.2
35
5
5
5
- -
- -
- -
5
3
4.92
Dividend per Share
49.61
66.29
84.19
87
97.83
113.02
128.69
676.09
147.89
156.75
152.52
164.67
165.1
179.42
195.8
205.36
203.81
Book Value per Share
54.15
70.83
88.8
91.6
98.54
113.1
238.68
1,221.7
258.18
246.59
224.07
237.83
238.94
245.59
261.03
268.74
264.09
Tangible Book Value per Share
1,600
1,600
1,600
1,600
1,600
1,600
1,600
320
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
Basic Weighted Avg Shares
448,318
518,237
598,109
657,526
631,524
837,433
942,776
884,589
1,176,679
1,187,270
984,347
1,110,432
1,109,283
1,267,991
1,434,110
1,496,504
1,496,937
Sales/Revenue/Turnover
12.02
10.11
9.43
7.5
6.04
5.62
5.13
4.56
4.89
5.96
3.97
4.45
4.39
4.09
5.17
3.82
4.76
Operating Margin (%)
- -
4,711
7,867
6,208
5,993
6,458
6,201
7,378
8,278
9,782
23,134
27,154
45,224
36,883
37,355
37,993
37,259
Depreciation Expense
25,989
27,665
28,649
18,499
18,226
24,856
30,716
23,890
21,624
25,846
1,261
12,851
208
13,637
18,331
21,235
28,303
Net Income, GAAP
33.01
31.09
35.25
44.47
25.44
18.71
13.1
11.59
32.07
22.35
85.33
22.71
94.29
50.54
44.92
20.18
29.66
Effective Tax Rate (%)
5.8
5.34
4.79
2.81
2.89
2.97
3.26
2.7
1.84
2.18
0.13
1.16
0.02
1.08
1.28
1.42
1.89
Profit Margin (%)
66,236
106,956
132,489
125,954
102,974
120,106
117,406
111,532
133,125
106,157
56,550
23,485
2,677
16,555
72,784
98,645
113,458
Working Capital
29,420
43,458
46,143
34,678
1,933
719
1,086
14,317
80,199
69,588
110,525
98,195
79,006
67,907
80,212
90,153
95,421
LT Debt
86,633
113,331
142,074
146,567
163,823
188,172
395,463
405,918
426,043
408,271
370,843
390,478
391,646
401,240
425,797
439,226
438,622
Total Equity
21.71
20.54
17.49
11.92
11.63
14.09
10.31
6.17
5.78
7.95
0.87
5.32
0.36
3.2
4.82
5.11
5.86
Return on Invested Capital (%)
22.23
21.88
18.52
11.3
11.34
13.46
13.59
10.58
8.05
9.37
1.08
6.8
0.28
4.41
5.49
6.36
7.46
Return on Capital (%)
39.15
29.84
23.8
13.51
12.33
14.74
15.88
11.32
9.55
10.6
0.51
5.06
0.08
4.95
6.11
6.62
9.2
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
363,352
332,119
296,160
LT Borrowings
68,584
64,256
85,580
LT Finance Leases
11,628
10,519
9,841
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,600
1,600
1,600
Market Capitalization
259,200
228,800
153,600

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
731,074
678,168
646,969
Cash, Cash Equivalents & STI
58,267
30,021
19,920
Accounts Receivable, Net
199,851
207,621
167,050
Inventories
200,784
185,732
192,913
Total Current Liabilities
658,289
598,234
533,511
Payables & Accruals
- -
- -
- -
ST Debt
363,352
332,119
296,160
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.17%
3.46%
3.15%
Free Cash Flow
26.41%
-15.55%
6.52%
Net Income, GAAP
725.24%
1,467.23%
15.84%
Sales/Revenue/Turnover
6.77%
8.89%
4.35%
Total Cash Common Dividend
- -
- -
-40%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
341,684
329,952
327,624
434,850
1,434,110
2025
379,387
355,076
456,789
- -
1,496,504
2026
336,758
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.35
- -
- -
- -
11.46
2025
1.64
- -
- -
- -
13.27
2026
-4.5
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5
2025
- -
- -
- -
- -
3
2026
- -
- -
- -
- -
- -
Similar Companies
Nanjing OLO Home Furnishing Co.,Ltd (603326.SS)
Hangzhou Robam Appliances Co., Ltd. (002508.SZ)
Haier Smart Home Co., Ltd. (HSHCY)
Jiangsu Xiuqiang Glasswork Co., Ltd. (300160.SZ)
Shenzhen Textile (Holdings) Co., Ltd. (200045.SZ)
Deer Consumer Products, Inc. (DEER)
Business
PT Gema Grahasarana Tbk operates as an Indonesia-based interior contractor, furniture manufacturer and distributor serving commercial, office, residential, hospitality and multi-industrial clients including Fortune 500 and multinational companies; the company offers interior fit-outs and contracting services, customized wooden furniture, panels, office and home furnishings, metal and rattan products, furniture components, mechanical and electrical installations, maintenance, logistics, and e-commerce trading of laminated materials, house and office equipment, and interior components through segments of Interior, Furniture, Mechanical and Electrical, and Distribution and Trading. Founded in 1984 and headquartered in Tangerang, Banten, Indonesia, with factories in Cikarang West Java, Sukaharja Pasar Kemis Tangerang, Kawasan Modern Cikande Banten, Taman Industri Jatibarang Mijen Semarang, and Cirebon, the company conducts operations domestically across Java and Bali including stores in Jakarta, Surabaya and Bali, and pursues international export activities under the Aida Rattan brand for high-craftsmanship rattan furniture. PT Gema Grahasarana Tbk, a subsidiary of PT Virucci Indogriya Sarana which holds approximately 74.74% ownership, listed on the Indonesia Stock Exchange in 2002 under ticker GEMA.JK and relaunched under the VIVERE Group brand; key subsidiaries include PT Laminatech Kreasi Sarana for laminated interior materials trading, PT Vivere Multi Kreasi, and PT Prasetya Gemamulia. In recent developments, the company marked its 40th anniversary in 2024, continues integrated expansion across its four business segments with subsidiaries for synergistic growth, and attracted new investors such as one acquiring 85.92 million shares or 5.37% stake through PT Bank HSBC Indonesia within the last year.