1. Indonesia Stocks

  2. •

    Retail trade

  3. •

    Food retail
PT Midi Utama Indonesia Tbk

PT Midi Utama Indonesia Tbk

IIDX:MIDI
264.00
IDR
+14.00
(+5.60%)
8.63TMarket Cap
Nov 04Next 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
163.21
195.44
235.85
279.3
321.21
351.93
382.31
416.32
446.72
513.79
561.83
594.82
617.38
- -
Basic EPS, GAAP
2.21
4.8
4.62
6.45
3.38
5.23
6.68
6.59
8.87
13.12
16.73
16.34
23.7
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.37
0.66
1.37
1.42
1.94
1.01
1.57
2.01
1.98
2.72
3.88
4.65
7.35
- -
Book Value per Share
16.64
20.72
24.19
29.44
30.35
35.53
40.14
45.98
54.82
65.31
111.85
123.5
135.84
138.53
Tangible Book Value per Share
16.64
20.72
24.19
29.44
30.35
35.53
40.14
45.98
54.82
65.31
111.85
123.5
135.84
138.53
Basic Weighted Avg Shares
30,408
30,408
30,408
30,408
30,408
30,408
30,408
30,408
30,408
30,408
30,883
33,435
33,435
33,435
Sales/Revenue/Turnover
4,962,851
5,943,010
7,171,904
8,493,119
9,767,592
10,701,575
11,625,313
12,659,705
13,584,036
15,623,654
17,351,152
19,888,091
20,642,155
- -
Operating Margin (%)
2.42
4.15
3.77
4.12
2.48
2.58
2.46
1.38
2.18
2.84
2.45
2.59
3.7
- -
Depreciation Expense
123,451
133,300
172,907
217,324
254,491
284,153
296,400
658,566
722,511
754,187
852,772
1,019,500
939,333
992,600
Net Income, GAAP
67,326
145,945
140,511
196,043
102,812
159,151
203,061
200,272
269,687
398,918
516,658
546,407
792,360
- -
Effective Tax Rate (%)
13.28
22.77
25.22
22.93
20.45
23.37
24.92
23.27
16.05
19.37
18.81
29.06
17.7
- -
Profit Margin (%)
1.36
2.46
1.96
2.31
1.05
1.49
1.75
1.58
1.99
2.55
2.98
2.75
3.84
- -
Working Capital
-145,431
-254,396
-341,075
-524,952
-761,375
-785,347
-643,082
-1,190,099
-1,156,079
-892,846
-177,466
-237,748
81,104
-29,387
LT Debt
442,207
434,432
776,351
1,023,384
1,079,237
800,996
707,168
968,534
873,301
1,042,102
391,447
433,233
450,856
502,849
Total Equity
506,148
630,095
735,705
895,105
922,870
1,080,821
1,220,999
1,398,703
1,667,644
1,986,727
3,912,434
4,291,057
4,541,893
4,631,655
Return on Invested Capital (%)
10.23
14.73
12.61
12.38
8.2
9.31
10.64
10.07
10.58
12.89
13.92
10.58
15.59
- -
Return on Capital (%)
10.42
14.95
12.76
12.47
8.25
9.37
10.57
10.04
10.49
12.92
14.05
13.78
16.84
- -
Return on Common Equity (%)
14.16
25.69
20.58
24.04
11.31
15.89
17.65
15.3
17.6
21.84
18.05
13.89
18.28
- -

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
109,435
122,475
119,858
LT Borrowings
- -
- -
- -
LT Finance Leases
450,856
470,733
502,849
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33,435
33,435
33,435
Market Capitalization
13,039,765
10,097,459
8,626,306

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,062,570
4,485,350
3,940,975
Cash, Cash Equivalents & STI
576,196
1,083,751
533,369
Accounts Receivable, Net
352,211
611,385
471,689
Inventories
3,013,431
2,603,003
2,757,047
Total Current Liabilities
3,981,466
4,226,477
3,970,362
Payables & Accruals
- -
- -
- -
ST Debt
109,435
122,475
119,858
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.02%
30.16%
5.85%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
23.58%
32.57%
45.01%
Sales/Revenue/Turnover
11.23%
10.36%
3.79%
Total Cash Common Dividend
24.38%
33.74%
58.06%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,793,534
4,990,749
4,902,125
5,201,683
19,888,091
2025
5,524,704
4,845,748
- -
5,367,190
20,642,155
2026
5,879,996
5,366,974
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.74
4.97
4.25
2.38
16.34
2025
5.69
5.99
- -
6.03
23.7
2026
7.94
6.59
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.65
2025
- -
- -
- -
- -
7.35
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Rullyanto
Full Time Employees
30,558
Sector
Retail trade
Industry
Food retail
Address
Gedung Alfa Tower Tangerang BT Indonesia 15143
IPO Date
Nov 18, 2010
Website
alfamidiku.com
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Business
PT Midi Utama Indonesia Tbk engages in retail trading of consumer products in Indonesia through minimarket, supermarket, fruit store, and convenience store networks; it operates under the Alfamidi brand for minimarkets offering daily necessities, fresh food, processed meat, and frozen products; Alfamidi Super for supermarkets with expanded assortments exceeding 500 square meters; Midi Fresh for fruit and fresh produce; and Lawson outlets, including convenience stores and shop-in-shops, focused on ready-to-eat, ready-to-drink items, Japanese specialties like onigiri and bento, and imported goods targeting middle-to-high-end customers. The company segments its business into Food, Fresh Food, and Non-Food categories, serving urban and suburban communities with affordable basics in easily accessible locations across Java, Sumatra, Kalimantan, Sulawesi, and other regions including cities such as Jakarta, Bogor, Depok, Tangerang, Bekasi, Surabaya, Makassar, Medan, Samarinda, Yogyakarta, Manado, Palu, Kendari, Ambon, and Jayapura. Founded in July 2007 as PT Midimart Utama and renamed in 2008, PT Midi Utama Indonesia Tbk is headquartered at Alfa Tower Building, 12th Floor, Jl. Jalur Sutera Barat Kav. 7-9, Alam Sutera, Tangerang, Banten, and functions as a subsidiary of PT Sumber Alfaria Trijaya Tbk with PT Lancar Wiguna Sejahtera as a former subsidiary managing Lawson operations. As of mid-2025, it manages approximately 2,906 outlets comprising over 2,178 Alfamidi stores, 46 Alfamidi Super stores, eight Midi Fresh stores, and 674 Lawson outlets (369 convenience stores and 305 shop-in-shops), supported by around 13,405 employees. Recent developments include the divestment of 70% stake in PT Lancar Wiguna Sejahtera to parent PT Sumber Alfaria Trijaya Tbk, closure of 11 underperforming Lawson outlets due to suboptimal locations, store count growth to 2,832 by March 2025 with 23 net additions since end-2023, penetration into new cities and districts in first-half 2025, and plans to open 120 new stores throughout 2025, with 68 targeted for the first half, amid 14.6% year-on-year revenue growth to IDR 19.88 trillion in fiscal 2024 driven by fresh sales and expansions.