PT Erajaya Swasembada Tbk

PT Erajaya Swasembada Tbk

IIDX:ERAA
580.00
IDR
+10.00
(+1.75%)
109.57EPS
3.54P/E
5.47TMarket Cap
Nov 03Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
877.74
996.65
1,379.83
1,417.04
1,671.03
2,241.98
2,065.51
2,144.77
2,734.04
3,119.62
3,810.27
4,135.95
4,847.67
5,466.91
Basic EPS, GAAP
24.04
14.64
15.59
18.19
23.41
54.85
18.5
38.48
63.68
63.87
52.34
65.42
75.68
98.79
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
12
- -
4
4
4
7.11
10
- -
13.8
22.85
19
17
18.98
- -
Book Value per Share
189.84
203.88
216.43
230.93
250.16
294.22
302.31
340.21
386.13
427.18
463.99
515.36
579.19
606.05
Tangible Book Value per Share
143.07
155.88
168.79
183.67
201.67
249.46
257.8
294.51
337.84
371.8
411.96
463.04
530.1
556.06
Basic Weighted Avg Shares
14,500
14,500
14,500
14,500
14,500
15,497
15,950
15,905
15,898
15,858
15,783
15,783
15,803
15,786
Sales/Revenue/Turnover
12,727,248
14,451,413
20,007,598
20,547,128
24,229,915
34,744,177
32,944,903
34,113,455
43,466,977
49,471,484
60,139,406
65,279,685
76,606,896
86,301,590
Operating Margin (%)
3.82
2.77
1.86
2.27
2.13
3.74
1.54
2.41
3.35
3.04
2.55
2.57
2.15
2.45
Depreciation Expense
36,196
44,057
51,916
65,419
76,344
91,406
127,372
404,733
465,450
645,335
916,154
1,144,217
1,388,996
1,495,997
Net Income, GAAP
348,652
212,339
226,023
263,755
339,458
850,090
295,066
612,005
1,012,376
1,012,873
826,050
1,032,547
1,195,972
1,559,463
Effective Tax Rate (%)
23.69
27.53
28.27
31.76
27.63
26.08
31.13
26.83
25.23
28.1
31
26.32
29.19
26.46
Profit Margin (%)
2.74
1.47
1.13
1.28
1.4
2.45
0.9
1.79
2.33
2.05
1.37
1.58
1.56
1.81
Working Capital
1,579,284
1,381,616
1,066,228
1,233,005
1,635,818
2,313,100
2,328,995
2,404,045
2,344,895
2,195,849
2,634,240
2,432,116
2,737,675
3,822,527
LT Debt
7,256
127,131
137,974
4,120
5,477
1,742
598
179,411
439,206
613,243
1,713,250
1,463,243
1,033,465
3,416,749
Total Equity
2,758,710
3,009,371
3,205,406
3,409,161
3,706,655
4,825,618
4,978,717
5,687,996
6,462,362
7,202,863
8,130,774
9,057,394
10,177,297
10,944,590
Return on Invested Capital (%)
11.32
7.97
7.22
7.93
8.83
15.43
6.35
10.29
14.88
11.88
9.11
10.29
9.76
11.59
Return on Capital (%)
11.71
7.95
7.02
8.06
8.8
14.52
5.71
8.75
12.58
11.08
8.92
9.26
8.59
9.99
Return on Common Equity (%)
13.09
7.44
7.42
8.13
9.73
20.43
6.2
11.96
17.53
15.73
11.75
13.36
13.85
17.48

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
8,366,278
7,733,250
4,564,067
LT Borrowings
463,520
2,067,725
2,344,922
LT Finance Leases
569,945
991,982
1,071,827
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15,783
15,642
15,642
Market Capitalization
6,439,662
5,912,788
5,474,804

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
19,894,203
21,112,630
18,275,715
Cash, Cash Equivalents & STI
2,131,024
2,155,778
1,312,397
Accounts Receivable, Net
1,512,179
1,354,718
1,320,864
Inventories
11,644,662
14,006,378
12,480,668
Total Current Liabilities
17,156,528
17,059,032
14,453,188
Payables & Accruals
- -
- -
- -
ST Debt
8,366,278
7,733,250
4,564,067
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.44%
12.34%
12.36%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
32.58%
17.57%
15.83%
Sales/Revenue/Turnover
15.11%
17.74%
17.35%
Total Cash Common Dividend
- -
- -
11.76%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16,649,672
16,466,885
15,491,232
16,671,896
65,279,685
2025
15,882,481
19,163,710
- -
24,242,516
76,606,896
2026
22,412,936
20,482,429
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16.17
17
16.95
15.29
65.42
2025
12.88
23.13
- -
25.96
75.68
2026
28.76
20.96
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
17
2025
- -
- -
- -
- -
18.98
2026
- -
- -
- -
- -
- -

Company Description

CEO
Budiarto Halim
Full Time Employees
5,689
Sector
Distribution services
Industry
Electronics distributors
Address
Erajaya Plaza Jakarta JK Indonesia 11240
IPO Date
Dec 6, 2011
Business
PT Erajaya Swasembada Tbk (ERAA.JK) is an Indonesia-based integrated importer, distributor, and retailer of mobile telecommunication devices and related products. Established in 1996 and headquartered in West Jakarta at Erajaya Plaza, Jl. Bandengan Selatan No. 19-20, the company operates primarily in Indonesia with a nationwide network of over 1,100 retail outlets under mono-brand and multi-brand concepts for global brands including Apple, Samsung, Huawei, Oppo, Vivo, Xiaomi, and others; it distributes and retails mobile phones, tablets, subscriber identity module (SIM) cards, mobile network operator voucher top-ups, accessories, Internet of Things (IoT) devices, Google Play Card vouchers, computers, and other electronic gadgets. Erajaya offers value-added services such as mobile phone protection through its TecProtec brand and handset leasing in collaboration with multifinance companies; it also engages in prepaid and postpaid services, IT systems, management consulting, outsourcing, ERP and POS systems, CRM and call center services, food and beverage retail via subsidiaries like PT Era Boga Nusantara operating concepts such as Paris Baguette, Bacha Coffee, Sushi Tei, GrandLucky grocery stores, and Wetzel's Pretzels, skincare and beauty products retail, automobile assembly, drone rentals, and property business. The company, a subsidiary of PT Eralink International, targets consumer electronics buyers, mobile operators, and lifestyle customers through omnichannel channels including physical stores, digital ecosystems, and partnerships with over 16,000 third-party resellers across Indonesia, Singapore, and Malaysia. Recent developments include appointing Alexander Halim Kusuma as President Commissioner and Patrick Adhiatmadja as Director in March 2025 to drive innovation and expansion; launching XPENG premium electric vehicles as brand holder agent via Erajaya Active Lifestyle on February 28, 2025; forming PT Chagee Era Indonesia joint venture with Singapore's Tea Explorer Pte. Ltd. on February 13, 2025, for F&B growth; securing Wetzel's Pretzels exclusive rights for Indonesia in October 2024 through PT Era Boga Pretzel; listing subsidiary PT Sinar Eka Selaras Tbk (ERAL) in August 2023 for active lifestyle segments like IoT, sportswear, and fashion; and planning 2025 store expansions into tier-2 and tier-3 cities outside Java, brand portfolio diversification, and enhanced digital integration.