Profile

Industry Sector Trade, Services & Investment
Industry Sub Sector Retail Trade
Established 23 January 1995
Listed 10 November 2004
Listed Company Code MAPI
Listed Shares 1,660,000,000
Dividend Yes
Major Shareholders (>5%) Satya Mulia Gema Gemilang (56.00%)
Key Subsidiaries Premier Capital Investment
Panen Lestari Internusa
Sari Food Lestari
Panen Cosmetics Indonesia

Stock Quote Mitra Adiperkasa - MAPI:

Business Summary

At 62 percent, sales from specialty stores delivers the largest contribution to Mitra Adiperkasa's net sales, followed by sales from department stores (23 percent), and food & beverages (13 percent).

Mitra Adiperkasa's financial performance is highly dependent on the development of Indonesia's middle class as this constitutes an important consumer force. According to the Boston Consulting Group, the country's middle class will grow from 74 million in 2012 to 141 million by 2020.

Mitra Adiperkasa's Financial Highlights:

    2014   2015   2016   2017   2018
Net Revenues 11,822 12,833 14,150 16,306
Gross Profit  5,470  6,002  6,873  7,856
Net Income (loss)
   79    37   208   350
Operating Income
EBITDA
Total Assets  8,700  9,483 10,683 11,425
Total Liabilities
 6,168  6,508  7,479  7,183
Earnings per Share¹    48    23   126   202
Dividend per Share¹    20

 

    2009   2010   2011   2012   2013
Net Revenues  4,112  4,713  5,890  7,585  9,734
Gross Profit  2,057  2,376  3,043  3,859  4,849
Net Income (loss)
  164   201   360   433   328
Operating Income
  308   449   622   761   751
EBITDA   558   711   910  1,114  1,215
Total Assets  3,379  3,670  4,415  5,991  7,808
Total Liabilities
 5,424
Earnings per Share¹    99   121   217   261   197
Dividend per Share¹        20    35    43

in billion IDR rupiah unless stated otherwise
¹ in IDR rupiah
Source: Mitra Adiperkasa, Annual Report 2017

Projection Future Corporate Earnings of Mitra Adiperkasa:

    2016  2017F  2018F  2019F
Net Revenues 14,150 15,977 18,090 20,382
Net Profit   208   324   638   708
P/E Ratio (x)
  56.3   36.3   18.4   16.6
ROE (%)   6.70   9.70  16.40  15.30

in billion IDR rupiah unless stated otherwise
Source: JP Morgan (08.03.2018)

Location

Contact Details

8th Floor, Wisma 46 - Kota BNI
Jalan Jeneral Sudirman Kav. 1
Jakarta - 10220
Phone: +62 21 574 5808
Fax: +62 21 574 0339
corporate.secretary@map.co.id
map-indonesia.com