1. Indonesia Stocks

  2. •

    Consumer Defensive

  3. •

    Household & Personal Products
PT Multi Indocitra Tbk

PT Multi Indocitra Tbk

MICE.JK
PT Multi Indocitra TbkID flagIndonesia Stock Exchange
505.00
IDR
-5.00
- -
303.00BMarket Cap
PT Multi Indocitra Tbk
MICE.JK
(Indonesia Stock Exchange)

Recent

price

505.00

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
709.51
779.85
938.59
991.07
885.51
930.52
931.71
957.56
1,071.35
1,183.86
1,098.86
1,302.08
1,646.61
1,835.76
1,888.12
2,045.1
2,159.56
Revenue per Share
47.18
50.31
68.14
67.11
63.37
39.12
35
111.9
55.42
62.2
4.53
50.89
80.61
58.07
71.17
73.68
67.62
Basic EPS, GAAP
-41.66
-101.3
-38.17
-25.96
-33.69
-46.91
-76.21
-43.8
-167.88
-88.56
-11.37
-34.33
-20.11
-49.68
-7.69
-24.67
-23.35
Free Cash Flow per Basic Share
20
24
20
15
10
10
-0.22
10
10
10
4.97
4
15
5
10
10
- -
Dividend per Share
347.35
373.67
421.81
469.19
522.56
554.61
572.96
693
738.42
790.62
790.18
841.76
907.37
960.43
1,021.6
1,085.29
1,071.6
Book Value per Share
477.67
511.94
567.29
822.42
881.53
975.19
1,011.12
1,019.13
1,069.37
1,114.93
1,142.32
1,199.75
1,265.03
1,504.37
1,566.9
1,633.51
1,614.23
Tangible Book Value per Share
597
597
597
597
597
597
593
595
595
595
595
592
592
592
592
592
600
Basic Weighted Avg Shares
423,343
465,314
560,033
591,343
528,358
555,216
552,344
570,153
637,905
704,898
654,285
770,708
974,637
1,086,594
1,117,589
1,210,505
1,296,694
Sales/Revenue/Turnover
11.59
12.74
12
11.74
12.64
8.21
6.56
5.91
7.09
5.91
5.65
10.03
9.63
8.61
8.07
8.12
6.83
Operating Margin (%)
- -
5,095
7,471
7,139
10,358
8,718
7,876
8,781
9,541
9,941
23,381
18,942
17,636
17,158
21,557
21,262
20,841
Depreciation Expense
28,154
30,022
40,656
40,044
37,812
23,344
20,749
66,627
32,998
37,033
2,698
30,119
47,712
34,369
42,125
43,614
40,605
Net Income, GAAP
28.56
28.02
25.42
29.01
28.58
30.18
35.93
34.32
25.22
21.73
68.86
29.31
29.48
27.32
26.17
34.92
35.96
Effective Tax Rate (%)
6.65
6.45
7.26
6.77
7.16
4.2
3.76
11.69
5.17
5.25
0.41
3.91
4.9
3.16
3.77
3.6
3.13
Profit Margin (%)
161,484
150,041
213,042
246,981
281,930
325,856
317,052
257,149
208,435
184,549
186,109
197,488
222,079
252,229
301,812
329,319
331,542
Working Capital
11,102
24,980
19,926
14,172
6,067
7,039
14,264
11,517
44,387
36,151
30,865
19,201
17,593
20,949
13,401
10,849
9,376
LT Debt
285,705
306,156
339,171
492,164
528,616
583,972
600,813
607,382
637,712
678,855
680,712
710,572
749,015
890,675
927,625
968,470
969,353
Total Equity
11.73
11.85
12.82
10.33
8.28
4.89
3.17
2.88
4.16
3.64
1.24
5.82
6.65
6.13
5.5
5.06
4.38
Return on Invested Capital (%)
9.24
8.76
11.37
10.19
9.53
5.61
4.93
13.91
7.25
8.63
1.45
6.15
8.25
6.46
7.08
6.72
6.18
Return on Capital (%)
14.14
13.96
17.13
15.06
12.78
7.26
6.19
17.71
7.74
8.14
0.57
6.22
9.22
6.22
7.18
6.99
6.49
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
292,283
304,628
320,659
LT Borrowings
10,609
9,449
8,458
LT Finance Leases
1,006
1,400
917
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
592
600
600
Market Capitalization
292,380
340,321
300,222

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
807,543
790,920
806,606
Cash, Cash Equivalents & STI
82,352
75,489
73,481
Accounts Receivable, Net
231,060
228,524
268,592
Inventories
429,650
448,308
410,879
Total Current Liabilities
477,078
461,602
475,064
Payables & Accruals
- -
- -
- -
ST Debt
292,283
304,628
320,659
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.29%
7.45%
4.4%
Free Cash Flow
61%
88.41%
220.78%
Net Income, GAAP
115.2%
214.6%
3.53%
Sales/Revenue/Turnover
8.48%
13.38%
8.31%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
260,029
274,533
285,579
297,447
1,117,589
2025
243,528
328,190
313,250
325,537
1,210,505
2026
329,717
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9.73
- -
- -
- -
71.17
2025
6.86
- -
- -
- -
73.68
2026
1.75
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
10
2025
- -
- -
- -
- -
10
2026
- -
- -
- -
- -
- -
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Business
PT Multi Indocitra Tbk (MICE.JK) is an Indonesia-based company engaged in the manufacturing, distribution, and trading of baby products, health care items, cosmetics, and personal care goods. The company offers a comprehensive range of products under brands such as Pigeon Baby, including feeding bottles, nipples, accessories, breast pads, breast pumps, baby wipes, baby toiletries, kids toiletries, and baby skin care; personal care products under Pigeon Teens, Kaila, Feira White, Viva, Skinlabs, Barry M Cosmetics, TENA, and Drypers; and energy-saving lamps such as LED lamps, daylight bulbs, warm white bulbs, and flood lights under HORI, along with household items like those from Lock&Lock. It operates through segments including Trading, Industry, Services, Distribution, Baby, Cosmetics, and Retail, providing additional offerings in e-commerce enablement via its BabyPapaya.id marketplace launched in 2017, logistics, warehousing, transportation, and marketing agency services. Founded on January 11, 1990, and headquartered at Green Central City Commercial Area, 6th Floor, Jl. Gajah Mada No. 188, Jakarta Barat, Indonesia, the company manufactures at facilities in Cikande, Banten, and Ciawi, West Java, with distribution reaching over 36,500 outlets across traditional and modern markets nationwide. Its operations focus on the Indonesian market, serving consumers of infant, maternal, child, and personal care products through export-import activities, retail, and direct production. Subsidiaries include PT Multielok Cosmetic, PT Pigeon Indonesia, PT Citra Makmur Ritailindo, PT Digital Niaga Indonesia, and others supporting its diversified portfolio. In recent developments, PT Multi Indocitra Tbk acquired a 51% stake in PT Nusapangan Sukses Makmur from PT Ke Lola Usaha Makmur for IDR 6 billion, expanding its business scope. The company reported earnings for the half-year ended June 30, 2025, and announced an annual dividend payable on July 31, 2025, reflecting ongoing financial stability. It has also formed a new subsidiary, PT Multitrans Nusantara Logistik, to bolster logistics capabilities in alignment with its service segment growth. As of recent data, the company employs approximately 396 to over 800 personnel across its operations.