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    Department stores
PT MDS Retailing Tbk Class A

PT MDS Retailing Tbk Class A

IIDX:LPPF
1,570.00
IDR
+15.00
(+0.96%)
330.61EPS
4.48P/E
3.46TMarket Cap
Nov 04Next Earn
PT MDS Retailing Tbk Class A
IDX:LPPF
(Indonesia Stock Exchange)

Recent

price

1,570.00

P/E

ratio

4.48

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
IDR
2,197.31
3,171.42
3,744.33
4,379.78
4,969.52
5,530.76
5,963.68
6,024
6,174.03
6,530.68
3,282.64
3,940.61
5,198.12
5,544.44
5,448.33
4,934.93
4,900.94
Revenue per Share
21.47
159.63
264.27
394.3
486.5
610.51
692.39
653.78
377.61
491.68
-332.01
350.69
582.16
298.04
366.38
324.41
330.61
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
0.86
- -
- -
157.75
291.89
427.43
484.75
459.38
335.83
- -
97.92
250.96
523.45
200.03
298.83
- -
Dividend per Share
-513,144.03
-926.14
-661.96
-271.76
54.58
379.09
635.81
797.82
622.3
645.54
221.28
383.06
252.67
13.1
139.2
116.6
128.39
Book Value per Share
-513,144.03
-926.14
-661.96
-271.76
54.58
379.09
635.81
797.82
622.3
645.54
221.28
383.06
252.67
13.1
139.2
116.6
128.39
Tangible Book Value per Share
2,917
2,917
2,917
2,917
2,917
2,917
2,917
2,917
2,906
2,780
2,630
2,603
2,376
2,266
2,259
2,236
2,227
Basic Weighted Avg Shares
6,409,554
9,251,040
10,922,202
12,775,826
14,496,082
16,133,216
17,396,042
17,572,013
17,941,732
18,155,285
8,633,333
10,257,397
12,350,723
12,563,708
12,307,784
11,034,511
10,915,067
Sales/Revenue/Turnover
13.98
13.57
14.41
13.94
14.56
14.44
14.53
13.71
12.99
9.73
-5.67
10.11
12.89
9.58
10.53
9.29
9.51
Operating Margin (%)
109,282
159,557
180,127
212,620
234,983
252,148
271,901
303,394
327,797
341,752
960,191
913,017
776,488
820,632
762,814
723,771
718,877
Depreciation Expense
62,617
465,648
770,881
1,150,160
1,419,118
1,780,848
2,019,705
1,907,077
1,097,332
1,366,884
-873,181
912,854
1,383,222
675,360
827,653
725,379
736,309
Net Income, GAAP
77.41
36.7
33.49
24.51
23.31
20.67
20.25
20.42
30.34
22.47
- -
17.23
15.5
18.69
18.29
18.73
19.52
Effective Tax Rate (%)
0.98
5.03
7.06
9
9.79
11.04
11.61
10.85
6.12
7.53
-10.11
8.9
11.2
5.38
6.72
6.57
6.75
Profit Margin (%)
72,711
-140,970
-438,709
-187,114
-401,014
-166,073
385,698
362,925
274,597
150,942
-1,246,087
-556,561
-909,915
-1,504,947
-913,066
-876,195
-746,254
Working Capital
3,733,774
3,152,257
2,475,161
1,566,531
410,191
- -
- -
- -
- -
- -
2,404,695
2,364,932
2,471,025
2,528,246
2,305,838
2,018,450
1,828,522
LT Debt
-3,165,565
-2,702,413
-1,931,532
-792,983
159,263
1,106,167
1,855,243
2,327,985
1,815,828
1,746,627
581,118
1,005,972
580,164
30,738
325,786
272,905
300,479
Total Equity
25.22
85.72
101.23
129.94
169.75
167.65
129.84
88.1
50.83
75.34
- -
22.09
41.69
26.26
30.02
29.93
26.55
Return on Invested Capital (%)
31.01
104.86
121.56
151.19
195.67
192.26
138.11
91.87
54.01
79.22
- -
22.87
42.84
26.89
30.82
30.79
28.29
Return on Capital (%)
- -
- -
- -
- -
- -
281.46
136.4
91.18
52.96
76.74
-75.02
115.03
174.41
221.1
464.29
242.32
112.76
Return on Common Equity (%)

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
551,491
550,298
661,658
LT Borrowings
- -
- -
- -
LT Finance Leases
2,018,450
1,882,250
1,828,522
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,340
2,340
2,340
Market Capitalization
3,978,753
4,283,011
3,463,856

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,631,073
3,435,428
1,149,376
Cash, Cash Equivalents & STI
448,275
2,508,517
240,076
Accounts Receivable, Net
27,054
19,481
23,432
Inventories
954,753
793,841
682,161
Total Current Liabilities
2,507,268
3,584,425
1,895,630
Payables & Accruals
- -
- -
- -
ST Debt
551,491
550,298
661,658
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
88.04%
175.95%
-16.23%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-36.79%
-38.8%
-12.36%
Sales/Revenue/Turnover
-1.18%
5.71%
-10.35%
Total Cash Common Dividend
- -
- -
47.87%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,718,518
3,492,089
2,249,139
2,848,038
12,307,784
2025
4,636,955
1,918,537
- -
2,535,420
11,034,511
2026
4,629,261
1,831,849
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
144.3
132.84
-1.7
90.92
366.38
2025
284.91
-17.64
- -
55.78
324.41
2026
310.77
-18.29
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
200.03
2025
- -
- -
- -
- -
298.83
2026
- -
- -
- -
- -
- -
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Business
PT Matahari Department Store Tbk PT Matahari Department Store Tbk operates as Indonesia's largest department store chain, engaging in retail sales of apparel, accessories, footwear, beauty products, household appliances and related items through over 140 physical stores across nearly 80 cities in 30 provinces, supplemented by e-commerce via Matahari.com and omnichannel platforms including the Matahari application and Shop & Talk; its proprietary brands encompass NEVADA and COLE for menswear including polo shirts, sweaters, long pants, jeans and sportswear, CONNEXION and Details for ladieswear such as blouses, dresses, outerwear and maternity clothing, Little M and Pipiniko for children's products, St. Yves and Suko for beauty and cosmetics, alongside footwear categories like slippers, sneakers, formal shoes and boots, plus bags including backpacks, handbags and wallets; the company also provides management consulting services and targets middle-class consumers with quality, fashionable and affordable offerings. A subsidiary of PT Matahari Putra Prima Tbk, it maintains headquarters in Tangerang, Banten, and was founded in 1958, originally listing on the Indonesia Stock Exchange in 1989 before renaming from PT Stephens Utama International Leasing Corp. in October 2009. In recent developments, the company closed 13 underperforming outlets throughout 2024 to enhance operational efficiency and placed 20 others on a watchlist, announced a share buyback program of up to IDR450 billion representing approximately 15% of shares outstanding at its 2025 annual general meeting, reported a 97.3% net profit increase to IDR643 billion in first-quarter 2025 amid stable operational costs despite same-store sales growth challenges during Ramadan, and renovated 16 school libraries nationwide in 2024 as part of corporate social responsibility initiatives while optimizing store productivity, workforce efficiency and procurement to bolster profitability.