Matahari Department Store Tbk PT (IDX:LPPF)

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Price: 1 340 IDR -1.83%

Market Cap: 3T IDR

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Section:

Relative Value

The Relative Value of one LPPF stock under the Base Case scenario is 5 140.65 IDR. Compared to the current market price of 1 340 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

0.7

Industry

0.6

Forward

0.4

More Details

4.5

P/E

vs History	66
vs Industry	60

Median 5Y

5.8

Industry

16.7

Forward

4.2

More Details

1.4

P/OCF

vs History	85
vs Industry	70

Median 5Y

3.4

Industry

More Details

7.9

P/FCFE

vs History	39
vs Industry	53

Median 5Y

Industry

15.5

More Details

26.9

P/B

vs History	19
vs Industry	4

Median 5Y

9.4

Industry

1.6

More Details

0.8

EV/S

vs History	79
vs Industry	38

Median 5Y

1.2

Industry

0.7

Forward

0.6

More Details

1.2

EV/GP

vs History	84
vs Industry	66

Median 5Y

1.9

Industry

2.2

More Details

4.6

EV/EBITDA

vs History	66
vs Industry	62

Median 5Y

5.7

Industry

8.5

Forward

3.4

More Details

4.6

EV/EBIT

vs History	66
vs Industry	61

Median 5Y

5.7

Industry

12.8

Forward

4.3

More Details

2.5

EV/OCF

vs History	84
vs Industry	68

Median 5Y

4.1

Industry

9.1

More Details

2.7

EV/FCFF

vs History	74
vs Industry	61

Median 5Y

4.2

Industry

12.8

More Details

1.3

EV/IC

vs History	66
vs Industry	30

Median 5Y

1.6

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	3T IDR	0.5	4.5	4.6	4.6
IE	P	PDD Holdings Inc SWB:9PDA	49.7B EUR	1	3.5	0.7	0.7
ID		GoTo Gojek Tokopedia PT Tbk IDX:GOTO	81T IDR	5.1	-1	-18.2	-18.2
CY		Ozon Holdings PLC MOEX:OZON	377.4B RUB	1.1	-11	-70	-14.8
ID	G	Global Digital Niaga Tbk PT IDX:BELI	56.2T IDR	3.7	-19.4	-21.5	-21.5
US	S	Savers Value Village Inc NYSE:SVV	1.6B USD	1.1	21.9	11	16.7
SE	R	Rusta AB (publ) STO:RUSTA	11B SEK	1	24.4	8.7	18.8
FI	P	Puuilo Oyj OMXH:PUUILO	843.9m EUR	2.3	20.1	12.4	16.2
ID		Bukalapak.com Tbk PT IDX:BUKA	12.4T IDR	2.8	-10.4	7.7	7.7
FI	T	Tokmanni Group Oyj OMXH:TOKMAN	722.7m EUR	0.3	17.2	6.3	13.3
CL	R	Ripley Corp SA SGO:RIPLEY	515.8B CLP	0.3	18.4	31	31

				Revenue Growth	P/S to Growth
ID		Matahari Department Store Tbk PT IDX:LPPF	Average P/S: 1.7 0.5	50%	0
IE	P	PDD Holdings Inc SWB:9PDA	1	145%	0
ID		GoTo Gojek Tokopedia PT Tbk IDX:GOTO	5.1	32%	0.2
CY		Ozon Holdings PLC MOEX:OZON	1.1	N/A	N/A
ID	G	Global Digital Niaga Tbk PT IDX:BELI	3.7	N/A	N/A
US	S	Savers Value Village Inc NYSE:SVV	1.1	23%	0
SE	R	Rusta AB (publ) STO:RUSTA	1	31%	0
FI	P	Puuilo Oyj OMXH:PUUILO	2.3	45%	0.1
ID		Bukalapak.com Tbk PT IDX:BUKA	2.8	46%	0.1
FI	T	Tokmanni Group Oyj OMXH:TOKMAN	0.3	33%	0
CL	R	Ripley Corp SA SGO:RIPLEY	0.3	17%	0

				Earnings Growth	P/E to Growth
ID		Matahari Department Store Tbk PT IDX:LPPF	Average P/E: 15.7 4.5	54%	0.1
IE	P	PDD Holdings Inc SWB:9PDA	3.5	168%	0
ID		GoTo Gojek Tokopedia PT Tbk IDX:GOTO	Negative Multiple: -1	N/A	N/A
CY		Ozon Holdings PLC MOEX:OZON	Negative Multiple: -11	N/A	N/A
ID	G	Global Digital Niaga Tbk PT IDX:BELI	Negative Multiple: -19.4	N/A	N/A
US	S	Savers Value Village Inc NYSE:SVV	21.9	113%	0.2
SE	R	Rusta AB (publ) STO:RUSTA	24.4	106%	0.2
FI	P	Puuilo Oyj OMXH:PUUILO	20.1	59%	0.3
ID		Bukalapak.com Tbk PT IDX:BUKA	Negative Multiple: -10.4	N/A	N/A
FI	T	Tokmanni Group Oyj OMXH:TOKMAN	17.2	49%	0.3
CL	R	Ripley Corp SA SGO:RIPLEY	18.4	N/A	N/A

				EBITDA Growth	EV/EBITDA to Growth
ID		Matahari Department Store Tbk PT IDX:LPPF	Average EV/EBITDA: 10.3 4.6	48%	0.1
IE	P	PDD Holdings Inc SWB:9PDA	0.7	227%	0
ID		GoTo Gojek Tokopedia PT Tbk IDX:GOTO	Negative Multiple: -18.2	N/A	N/A
CY		Ozon Holdings PLC MOEX:OZON	Negative Multiple: -70	N/A	N/A
ID	G	Global Digital Niaga Tbk PT IDX:BELI	Negative Multiple: -21.5	N/A	N/A
US	S	Savers Value Village Inc NYSE:SVV	11	73%	0.2
SE	R	Rusta AB (publ) STO:RUSTA	8.7	47%	0.2
FI	P	Puuilo Oyj OMXH:PUUILO	12.4	56%	0.2
ID		Bukalapak.com Tbk PT IDX:BUKA	7.7	N/A	N/A
FI	T	Tokmanni Group Oyj OMXH:TOKMAN	6.3	44%	0.1
CL	R	Ripley Corp SA SGO:RIPLEY	31	N/A	N/A

				EBIT Growth	EV/EBIT to Growth
ID		Matahari Department Store Tbk PT IDX:LPPF	Average EV/EBIT: 13.6 4.6	13%	0.3
IE	P	PDD Holdings Inc SWB:9PDA	0.7	207%	0
ID		GoTo Gojek Tokopedia PT Tbk IDX:GOTO	Negative Multiple: -18.2	N/A	N/A
CY		Ozon Holdings PLC MOEX:OZON	Negative Multiple: -14.8	N/A	N/A
ID	G	Global Digital Niaga Tbk PT IDX:BELI	Negative Multiple: -21.5	N/A	N/A
US	S	Savers Value Village Inc NYSE:SVV	16.7	75%	0.2
SE	R	Rusta AB (publ) STO:RUSTA	18.8	72%	0.3
FI	P	Puuilo Oyj OMXH:PUUILO	16.2	56%	0.3
ID		Bukalapak.com Tbk PT IDX:BUKA	7.7	N/A	N/A
FI	T	Tokmanni Group Oyj OMXH:TOKMAN	13.3	46%	0.3
CL	R	Ripley Corp SA SGO:RIPLEY	31	N/A	N/A

US	Johnson & Johnson NYSE:JNJ	Pharmaceuticals
US	Berkshire Hathaway Inc NYSE:BRK.A	Financial Services
US	Bank of America Corp NYSE:BAC	Banking
US	Mastercard Inc NYSE:MA	Technology
US	UnitedHealth Group Inc NYSE:UNH	Health Care
US	Exxon Mobil Corp NYSE:XOM	Energy
US	Pfizer Inc NYSE:PFE	Pharmaceuticals
US	Palantir Technologies Inc NYSE:PLTR	Technology
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	Walmart Inc NYSE:WMT	Retail
US	Verizon Communications Inc NYSE:VZ	Telecommunication

	Johnson & Johnson NYSE:JNJ	US
	Berkshire Hathaway Inc NYSE:BRK.A	US
	Bank of America Corp NYSE:BAC	US
	Mastercard Inc NYSE:MA	US
	UnitedHealth Group Inc NYSE:UNH	US
	Exxon Mobil Corp NYSE:XOM	US
	Pfizer Inc NYSE:PFE	US
	Palantir Technologies Inc NYSE:PLTR	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
	Walmart Inc NYSE:WMT	US
	Verizon Communications Inc NYSE:VZ	US

	Franklin Covey Co NYSE:FC	36.645 USD 0.95%
	Mohawk Industries Inc NYSE:MHK	119.38 USD -0.13%
	Ardmore Shipping Corp NYSE:ASC	12.09 USD 1.77%
	ASGN Inc NYSE:ASGN	83.95 USD 0.47%
	Skyworks Solutions Inc NASDAQ:SWKS	90.25 USD 0.07%
	Weatherford International PLC NASDAQ:WFRD	67.61 USD 1.26%

	Johnson & Johnson NYSE:JNJ	145.85 USD 0.4%
	Bank of America Corp NYSE:BAC	44.4 USD 1.16%
	Mastercard Inc NYSE:MA	533.645 USD 0.89%
	Salesforce Inc NYSE:CRM	343.54 USD 0.19%
	Abbvie Inc NYSE:ABBV	179.8 USD 0.79%
	Home Depot Inc NYSE:HD	394.57 USD 0.59%

	Arista Networks Inc NYSE:ANET	114.01 USD 0.81%
	Visa Inc NYSE:V	320.56 USD 1.05%
	Texas Pacific Land Corp NYSE:TPL	1 162.08 USD 1.99%
	KLA Corp NASDAQ:KLAC	650.53 USD 1.12%
	Manhattan Associates Inc NASDAQ:MANH	282.27 USD 1.24%
	Pinduoduo Inc NASDAQ:PDD	99.72 USD -0.86%

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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52 Week Range	1 340 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