Matahari Department Store Tbk PT (IDX:LPPF)

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Price: 1 405 IDR -2.09%

Market Cap: 3.3T IDR

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Section:

Relative Value

The Relative Value of one LPPF stock under the Base Case scenario is 5 412.72 IDR. Compared to the current market price of 1 405 IDR, Matahari Department Store Tbk PT is Undervalued by 74%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Relative Value calculated?

LPPF Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

0.5

P/S

vs History	84
vs Industry	45

Median 5Y

0.8

Industry

0.6

Forward

0.4

More Details

5.1

P/E

vs History	63
vs Industry	60

Median 5Y

5.9

Industry

16.8

Forward

4.2

More Details

1.5

P/OCF

vs History	85
vs Industry	70

Median 5Y

3.5

Industry

7.8

More Details

8.7

P/FCFE

vs History	36
vs Industry	53

Median 5Y

Industry

15.3

More Details

28.2

P/B

vs History	19
vs Industry	4

Median 5Y

9.2

Industry

1.6

More Details

0.9

EV/S

vs History	77
vs Industry	38

Median 5Y

1.2

Industry

0.7

Forward

0.7

More Details

1.3

EV/GP

vs History	80
vs Industry	66

Median 5Y

1.9

Industry

2.3

More Details

5.1

EV/EBITDA

vs History	61
vs Industry	62

Median 5Y

5.7

Industry

8.6

Forward

3.5

More Details

5.1

EV/EBIT

vs History	61
vs Industry	61

Median 5Y

5.7

Industry

Forward

4.6

More Details

2.7

EV/OCF

vs History	84
vs Industry	68

Median 5Y

4.1

Industry

8.9

More Details

EV/FCFF

vs History	73
vs Industry	61

Median 5Y

4.2

Industry

12.2

More Details

1.3

EV/IC

vs History	71
vs Industry	30

Median 5Y

1.7

Industry

1.1

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
ID		Matahari Department Store Tbk PT IDX:LPPF	3.2T IDR	0.5	5.1	5.1	5.1
IE	P	PDD Holdings Inc SWB:9PDA	56.6B EUR	1.3	4.4	1.5	1.5
ID		GoTo Gojek Tokopedia PT Tbk IDX:GOTO	77.4T IDR	6.4	-0.9	-18.5	-18.5
CY		Ozon Holdings PLC MOEX:OZON	448.1B RUB	1.3	-13	-81.5	-17.2
ID	G	Global Digital Niaga Tbk PT IDX:BELI	55.4T IDR	3.7	-17.9	-19.1	-19.1
US	S	Savers Value Village Inc NYSE:SVV	1.6B USD	1	41.7	12.2	19.9
SE	R	Rusta AB (publ) STO:RUSTA	10.3B SEK	0.9	22.8	8.3	18
FI	P	Puuilo Oyj OMXH:PUUILO	754.2m EUR	2.1	18	11.2	14.6
ID		Bukalapak.com Tbk PT IDX:BUKA	12.3T IDR	2.6	-7.1	6.1	6.1
FI	T	Tokmanni Group Oyj OMXH:TOKMAN	676.2m EUR	0.3	16.1	6	12.9
CL	R	Ripley Corp SA SGO:RIPLEY	530.5B CLP	0.3	-165.8	-70.4	-70.4

				Revenue Growth
ID		Matahari Department Store Tbk PT IDX:LPPF	Average P/S: 1.9 0.5	50%
IE	P	PDD Holdings Inc SWB:9PDA	1.3	156%
ID		GoTo Gojek Tokopedia PT Tbk IDX:GOTO	6.4	32%
CY		Ozon Holdings PLC MOEX:OZON	1.3	N/A
ID	G	Global Digital Niaga Tbk PT IDX:BELI	3.7	N/A
US	S	Savers Value Village Inc NYSE:SVV	1	23%
SE	R	Rusta AB (publ) STO:RUSTA	0.9	29%
FI	P	Puuilo Oyj OMXH:PUUILO	2.1	42%
ID		Bukalapak.com Tbk PT IDX:BUKA	2.6	46%
FI	T	Tokmanni Group Oyj OMXH:TOKMAN	0.3	33%
CL	R	Ripley Corp SA SGO:RIPLEY	0.3	17%

				Earnings Growth
ID		Matahari Department Store Tbk PT IDX:LPPF	Average P/E: 18 5.1	61%
IE	P	PDD Holdings Inc SWB:9PDA	4.4	185%
ID		GoTo Gojek Tokopedia PT Tbk IDX:GOTO	Negative Multiple: -0.9	N/A
CY		Ozon Holdings PLC MOEX:OZON	Negative Multiple: -13	N/A
ID	G	Global Digital Niaga Tbk PT IDX:BELI	Negative Multiple: -17.9	N/A
US	S	Savers Value Village Inc NYSE:SVV	41.7	109%
SE	R	Rusta AB (publ) STO:RUSTA	22.8	95%
FI	P	Puuilo Oyj OMXH:PUUILO	18	55%
ID		Bukalapak.com Tbk PT IDX:BUKA	Negative Multiple: -7.1	N/A
FI	T	Tokmanni Group Oyj OMXH:TOKMAN	16.1	49%
CL	R	Ripley Corp SA SGO:RIPLEY	Negative Multiple: -165.8	N/A

				EBITDA Growth
ID		Matahari Department Store Tbk PT IDX:LPPF	Average EV/EBITDA: 7.2 5.1	79%
IE	P	PDD Holdings Inc SWB:9PDA	1.5	226%
ID		GoTo Gojek Tokopedia PT Tbk IDX:GOTO	Negative Multiple: -18.5	N/A
CY		Ozon Holdings PLC MOEX:OZON	Negative Multiple: -81.5	N/A
ID	G	Global Digital Niaga Tbk PT IDX:BELI	Negative Multiple: -19.1	N/A
US	S	Savers Value Village Inc NYSE:SVV	12.2	80%
SE	R	Rusta AB (publ) STO:RUSTA	8.3	42%
FI	P	Puuilo Oyj OMXH:PUUILO	11.2	52%
ID		Bukalapak.com Tbk PT IDX:BUKA	6.1	N/A
FI	T	Tokmanni Group Oyj OMXH:TOKMAN	6	42%
CL	R	Ripley Corp SA SGO:RIPLEY	Negative Multiple: -70.4	N/A

				EBIT Growth
ID		Matahari Department Store Tbk PT IDX:LPPF	Average EV/EBIT: 11.2 5.1	39%
IE	P	PDD Holdings Inc SWB:9PDA	1.5	236%
ID		GoTo Gojek Tokopedia PT Tbk IDX:GOTO	Negative Multiple: -18.5	N/A
CY		Ozon Holdings PLC MOEX:OZON	Negative Multiple: -17.2	N/A
ID	G	Global Digital Niaga Tbk PT IDX:BELI	Negative Multiple: -19.1	N/A
US	S	Savers Value Village Inc NYSE:SVV	19.9	84%
SE	R	Rusta AB (publ) STO:RUSTA	18	68%
FI	P	Puuilo Oyj OMXH:PUUILO	14.6	51%
ID		Bukalapak.com Tbk PT IDX:BUKA	6.1	N/A
FI	T	Tokmanni Group Oyj OMXH:TOKMAN	12.9	46%
CL	R	Ripley Corp SA SGO:RIPLEY	Negative Multiple: -70.4	N/A

US	Johnson & Johnson NYSE:JNJ	Pharmaceuticals
US	Estee Lauder Companies Inc NYSE:EL	Consumer products
US	Exxon Mobil Corp NYSE:XOM	Energy
US	Church & Dwight Co Inc NYSE:CHD	Consumer products
US	Pfizer Inc NYSE:PFE	Pharmaceuticals
US	American Express Co NYSE:AXP	Financial Services
US	Nike Inc NYSE:NKE	Textiles, Apparel & Luxury Goods
US	Visa Inc NYSE:V	Technology
CN	Alibaba Group Holding Ltd NYSE:BABA	Retail
US	3M Co NYSE:MMM	Industrial Conglomerates
US	JPMorgan Chase & Co NYSE:JPM	Banking
US	Coca-Cola Co NYSE:KO	Beverages
US	Target Corp NYSE:TGT	Retail
US	Walt Disney Co NYSE:DIS	Media
US	Mueller Industries Inc NYSE:MLI	Machinery
US	PayPal Holdings Inc NASDAQ:PYPL	Technology

	Johnson & Johnson NYSE:JNJ	US
	Estee Lauder Companies Inc NYSE:EL	US
	Exxon Mobil Corp NYSE:XOM	US
	Church & Dwight Co Inc NYSE:CHD	US
	Pfizer Inc NYSE:PFE	US
	American Express Co NYSE:AXP	US
	Nike Inc NYSE:NKE	US
	Visa Inc NYSE:V	US
	Alibaba Group Holding Ltd NYSE:BABA	CN
	3M Co NYSE:MMM	US
	JPMorgan Chase & Co NYSE:JPM	US
	Coca-Cola Co NYSE:KO	US
	Target Corp NYSE:TGT	US
	Walt Disney Co NYSE:DIS	US
	Mueller Industries Inc NYSE:MLI	US
	PayPal Holdings Inc NASDAQ:PYPL	US

Matahari Department Store Tbk PT
IDX:LPPF

Relative Value

Valuation Multiples

Multiples Across Competitors

LPPF Competitors Multiples
Matahari Department Store Tbk PT Competitors

See Also

Company

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Tools

Stocks

52 Week Range	1 400 2 300
Price Target

Matahari Department Store Tbk PT IDX:LPPF

Relative Value

Valuation Multiples

Multiples Across Competitors

LPPF Competitors Multiples Matahari Department Store Tbk PT Competitors

See Also

Company

Help

Tools

Stocks

Matahari Department Store Tbk PT
IDX:LPPF

LPPF Competitors Multiples
Matahari Department Store Tbk PT Competitors