Ratings PT Matahari Department Store Tbk

Equities

LPPF

ID1000113301

End-of-day quote INDONESIA S.E. Other stock markets 06:00:00 2024-06-03 pm EDT			5-day change	1st Jan Change
1,535 ^IDR	0.00%		-1.29%	-23.25%

Apr. 30	PT Matahari Department Store Tbk Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 30	Transcript : PT Matahari Department Store Tbk, Q1 2024 Earnings Call, Apr 30, 2024

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

Strengths

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The company is in a robust financial situation considering its net cash and margin position.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The stock, which is currently worth 2024 to 527.29 times its sales, is clearly overvalued in comparison with peers.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
This company will be of major interest to investors in search of a high dividend stock.

Weaknesses

According to forecast, a sluggish sales growth is expected for the next fiscal years.
The company appears highly valued given the size of its balance sheet.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last few months, analysts have been revising downwards their earnings forecast.
Most analysts recommend that the stock should be sold or reduced.
Over the past four months, analysts' average price target has been revised downwards significantly.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Over the past twelve months, analysts' opinions have been revised negatively.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Department Stores

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
PT MATAHARI DEPARTMENT STORE TBK	-23.25%	214M		C+
TRENT LIMITED	+48.62%	19.95B		B-
ISETAN MITSUKOSHI HOLDINGS LTD.	+114.21%	8B		C+
FALABELLA S.A.	+26.68%	7.7B		A-
MINISO GROUP HOLDING LIMITED	+11.76%	7.2B		-
DILLARD'S, INC.	+6.24%	7.02B		C-
CANADIAN TIRE CORPORATION, LIMITED	-0.50%	5.83B		B-
MACY'S, INC.	-8.75%	5.2B		C+
CCOOP GROUP CO., LTD	+43.84%	5.05B	-	-
HARVEY NORMAN HOLDINGS LIMITED	+5.95%	3.73B		C-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes