1. Indonesia Stocks

  2. •

    Consumer Cyclical

  3. •

    Department Stores
PT DFI Retail Nusantara Tbk

PT DFI Retail Nusantara Tbk

HERO.JK
PT DFI Retail Nusantara TbkID flagIndonesia Stock Exchange
318.00
IDR
-12.00
- -
1.33TMarket Cap
PT DFI Retail Nusantara Tbk
HERO.JK
(Indonesia Stock Exchange)

Recent

price

318.00

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
2,242.03
2,623.64
3,080.36
3,111.79
3,052.12
3,430.68
3,269.39
3,115.39
3,100.27
2,911.59
850.78
832.11
1,060.48
1,048.72
1,086.13
1,158.72
1,205.97
Revenue per Share
65.04
80.18
88.72
175.49
10.46
-34.44
28.82
-45.75
-298.83
-6.74
-290.32
-230.31
14.13
-31.59
-1.33
38.32
52.64
Basic EPS, GAAP
-121.15
-152.37
-333.8
-345.57
-331.32
-113.87
-97.69
-120.01
-56.75
-88.35
-43.92
-110.78
-65.62
-45.68
-31.89
-28.54
-37.67
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
305.5
385.68
454.71
609.92
579.67
522.3
580.29
490.38
160.07
152.14
-280.95
-514.75
-500.03
-531.44
-512.35
-445.5
-424.7
Book Value per Share
323.37
383.22
454.2
1,375.89
1,281.25
1,217.6
1,285.1
1,199.52
871.15
860.55
423.18
190.66
203.25
319.13
333.17
378.24
398.49
Tangible Book Value per Share
3,412
3,412
3,412
3,824
4,184
4,184
4,184
4,184
4,184
4,184
4,184
4,184
4,184
4,184
4,184
4,184
4,184
Basic Weighted Avg Shares
7,649,989
8,952,052
10,510,422
11,900,354
12,768,973
14,352,700
13,677,931
13,033,638
12,970,389
12,181,025
3,559,333
3,481,227
4,436,667
4,387,448
4,543,989
4,847,655
5,045,334
Sales/Revenue/Turnover
4.29
4.76
4.63
2.5
-0.88
-1.52
0.15
-2.09
-0.7
0.22
-9.95
-14.87
-0.02
0.14
2.66
5.32
5.64
Operating Margin (%)
- -
224,305
264,213
304,060
376,451
430,154
418,343
420,066
439,705
218,758
214,618
308,127
324,046
341,831
336,093
343,759
343,157
Depreciation Expense
221,909
273,586
302,728
671,138
43,755
-144,078
120,588
-191,406
-1,250,189
-28,216
-1,214,602
-963,526
59,111
-132,165
-5,585
160,336
220,214
Net Income, GAAP
24.29
24.46
24.61
15.07
7
- -
17.44
- -
- -
- -
- -
- -
- -
- -
- -
24.92
16.34
Effective Tax Rate (%)
2.9
3.06
2.88
5.64
0.34
-1
0.88
-1.47
-9.64
-0.23
-34.12
-27.68
1.33
-3.01
-0.12
3.31
4.36
Profit Margin (%)
-367,601
-383,841
-1,061,323
1,391,024
495,115
548,721
846,299
426,154
596,659
155,338
-737,899
-738,505
-926,381
-1,765,787
-1,449,764
-996,538
-876,724
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
547,514
2,059,538
2,097,962
856,994
196,594
253,623
244,746
LT Debt
1,148,600
1,422,186
1,657,729
5,355,569
5,453,820
5,214,378
5,457,783
5,081,633
3,699,741
3,666,562
1,854,688
873,820
938,138
1,420,122
1,493,222
1,658,640
1,745,846
Total Equity
17.25
18.98
17.97
6.65
-1.88
- -
0.31
- -
- -
- -
- -
- -
- -
- -
- -
6.11
- -
Return on Invested Capital (%)
18.8
18.83
17.69
32.18
2.17
- -
5.98
- -
- -
- -
- -
- -
- -
- -
- -
-55.19
-133.27
Return on Capital (%)
23.39
23.2
21.11
34.56
1.84
-6.25
5.23
-8.55
-91.88
-4.32
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,315,791
1,006,043
1,023,081
LT Borrowings
- -
- -
- -
LT Finance Leases
225,277
253,623
244,746
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,184
4,184
4,184
Market Capitalization
3,242,316
1,798,963
1,690,188

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,480,748
1,418,688
1,343,879
Cash, Cash Equivalents & STI
43,131
47,089
38,168
Accounts Receivable, Net
48,244
118,863
93,422
Inventories
1,044,102
974,350
1,003,946
Total Current Liabilities
2,611,534
2,415,226
2,220,603
Payables & Accruals
- -
- -
- -
ST Debt
1,315,791
1,006,043
1,023,081
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-5.76%
4.42%
11.08%
Free Cash Flow
0.17%
8.08%
-10.5%
Net Income, GAAP
70.07%
-703.4%
-2,970.83%
Sales/Revenue/Turnover
-5.24%
6.88%
6.68%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,070,835
996,963
1,128,521
1,163,541
4,543,989
2025
1,210,232
1,144,243
1,156,726
1,336,454
4,847,655
2026
1,407,911
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.27
- -
- -
- -
-1.33
2025
6.49
- -
- -
- -
38.32
2026
20.8
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
PT DFI Retail Nusantara Tbk (HERO.JK), a subsidiary of DFI Retail Group Holdings Ltd, operates as a leading multi-format retailer in Indonesia, focusing on health and beauty products through the Guardian brand and home furnishings through the IKEA brand. Guardian offers a comprehensive range of health and beauty items, personal care products, baby care essentials, pharmaceuticals, and related consumer goods via specialty stores, pharmacies, drug stores, and an omnichannel platform including e-commerce; IKEA provides affordable, ready-to-assemble home furnishing items, accessories, and household solutions through its flagship stores. The company conducts its operations across key Indonesian regions including Java, Sumatra, Kalimantan, Sulawesi, and Bali, with approximately 4,300 employees, and maintains its headquarters in Tangerang Selatan. Founded in 1971 as PT Hero Supermarket Tbk, the company underwent a major strategic pivot in 2024 by divesting its Hero Supermarket grocery segment to affiliate PT Hero Retail Nusantara in June 2024 and changing its name to PT DFI Retail Nusantara Tbk in December 2024 to align with its sharpened focus on Guardian and IKEA businesses. Additional recent developments include the sale of four non-core properties during 2024 to bolster its balance sheet and a new partnership via IKEA Indonesia with Indonesia's Ministry of Trade in June 2025 under the Teras Indonesia program to support local MSMEs through store space, sales opportunities, and training.