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Ace Hardware Indonesia Tbk PT
IDX:ACES

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Ace Hardware Indonesia Tbk PT Logo
Ace Hardware Indonesia Tbk PT
IDX:ACES
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Price: 402 IDR -0.5%
Market Cap: Rp6.9T
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+29%
5Y
+14%
10Y
+87%
Operating Income
+
3Y
+7%
5Y
-4%
10Y
+44%
Net Income
+
3Y
+9%
5Y
-3%
10Y
+38%

Earnings Waterfall
Ace Hardware Indonesia Tbk PT

Income Statement
Ace Hardware Indonesia Tbk PT

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Income Statement
Currency: IDR
Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
8 435
6 082
3 798
1 487
135
126
71
0
2
0
0
0
0
0
0
0
0
0
7 101
0
0
15 553
17 508
26 992
36 064
28 604
20 495
11 956
3 778
3 635
3 473
3 272
3 060
2 696
2 465
2 310
1 943
1 536
1 015
0
111
47
0
163
715
19 082
38 354
58 422
77 848
80 737
83 832
85 003
82 474
81 235
78 679
74 969
74 294
71 525
67 478
49 805
58 644
46 125
47 407
65 025
67 323
69 682
71 886
72 569
75 915
77 603
0
0
Revenue
886 625
N/A
962 247
+9%
1 066 115
+11%
1 183 394
+11%
1 279 834
+8%
1 319 467
+3%
1 325 606
+0%
1 328 570
+0%
1 358 775
+2%
1 389 625
+2%
1 448 739
+4%
1 520 455
+5%
1 641 122
+8%
1 796 800
+9%
1 967 472
+9%
2 191 661
+11%
2 426 438
+11%
2 600 816
+7%
2 784 646
+7%
2 978 536
+7%
3 223 291
+8%
3 375 182
+5%
3 553 696
+5%
3 715 274
+5%
3 895 446
+5%
4 082 993
+5%
4 280 835
+5%
4 460 060
+4%
4 541 474
+2%
4 574 713
+1%
4 589 318
+0%
4 643 906
+1%
4 742 526
+2%
4 795 803
+1%
4 859 921
+1%
4 838 005
0%
4 935 903
+2%
5 069 509
+3%
5 357 798
+6%
5 607 727
+5%
5 938 576
+6%
6 217 520
+5%
6 563 452
+6%
6 879 125
+5%
7 239 754
+5%
7 547 824
+4%
7 816 750
+4%
8 050 638
+3%
8 142 717
+1%
8 227 791
+1%
7 832 528
-5%
7 648 895
-2%
7 412 767
-3%
7 127 464
-4%
7 156 748
+0%
6 626 504
-7%
6 543 363
-1%
6 488 211
-1%
6 455 690
-1%
6 744 323
+4%
6 762 803
+0%
6 838 600
+1%
7 089 998
+4%
7 361 332
+4%
7 620 153
+4%
7 902 090
+4%
8 111 680
+3%
8 346 395
+3%
8 582 510
+3%
8 726 066
+2%
8 716 626
0%
8 688 231
0%
Gross Profit
Cost of Revenue
(559 483)
(605 518)
(664 646)
(722 538)
(777 113)
(792 114)
(790 012)
(791 668)
(806 337)
(813 209)
(831 886)
(859 961)
(932 519)
(1 009 979)
(1 084 045)
(1 193 473)
(1 290 264)
(1 387 391)
(1 479 790)
(1 577 832)
(1 693 629)
(1 783 925)
(1 886 831)
(1 944 291)
(1 987 222)
(2 072 886)
(2 176 423)
(2 301 801)
(2 378 873)
(2 414 525)
(2 434 168)
(2 455 507)
(2 521 089)
(2 546 590)
(2 579 727)
(2 575 752)
(2 613 074)
(2 685 807)
(2 825 306)
(2 942 821)
(3 139 275)
(3 286 084)
(3 468 258)
(3 638 822)
(3 836 891)
(4 008 662)
(4 170 196)
(4 294 674)
(4 300 070)
(4 301 143)
(4 044 748)
(3 925 927)
(3 794 874)
(3 654 753)
(3 688 594)
(3 403 584)
(3 366 421)
(3 346 283)
(3 335 848)
(3 510 102)
(3 532 346)
(3 567 352)
(3 695 545)
(3 852 729)
(3 950 516)
(4 105 976)
(4 209 129)
(4 317 863)
(4 446 222)
(4 514 501)
(4 540 723)
(4 503 889)
Gross Profit
327 142
N/A
356 727
+9%
401 468
+13%
460 856
+15%
502 721
+9%
527 353
+5%
535 594
+2%
536 902
+0%
552 437
+3%
576 416
+4%
616 853
+7%
660 495
+7%
708 603
+7%
786 822
+11%
883 428
+12%
998 189
+13%
1 136 175
+14%
1 213 424
+7%
1 304 854
+8%
1 400 700
+7%
1 529 662
+9%
1 591 254
+4%
1 666 863
+5%
1 770 982
+6%
1 908 224
+8%
2 010 107
+5%
2 104 412
+5%
2 158 259
+3%
2 162 601
+0%
2 160 188
0%
2 155 150
0%
2 188 399
+2%
2 221 437
+2%
2 249 214
+1%
2 280 195
+1%
2 262 254
-1%
2 322 829
+3%
2 383 704
+3%
2 532 494
+6%
2 664 908
+5%
2 799 301
+5%
2 931 437
+5%
3 095 195
+6%
3 240 304
+5%
3 402 864
+5%
3 539 162
+4%
3 646 553
+3%
3 755 964
+3%
3 842 647
+2%
3 926 648
+2%
3 787 779
-4%
3 722 968
-2%
3 617 893
-3%
3 472 711
-4%
3 468 153
0%
3 222 920
-7%
3 176 942
-1%
3 141 928
-1%
3 119 842
-1%
3 234 221
+4%
3 230 457
0%
3 271 247
+1%
3 394 454
+4%
3 508 603
+3%
3 669 637
+5%
3 796 115
+3%
3 902 551
+3%
4 028 532
+3%
4 136 288
+3%
4 211 565
+2%
4 175 903
-1%
4 184 341
+0%
Operating Income
Operating Expenses
(230 276)
(252 575)
(279 388)
(311 186)
(338 244)
(352 405)
(360 585)
(363 493)
(374 237)
(390 940)
(416 016)
(457 485)
(490 710)
(543 273)
(621 331)
(694 621)
(773 075)
(781 988)
(832 003)
(893 476)
(975 757)
(1 013 124)
(1 082 420)
(1 138 627)
(1 279 935)
(1 328 241)
(1 393 669)
(1 454 365)
(1 438 726)
(1 452 981)
(1 450 925)
(1 464 086)
(1 476 425)
(1 487 726)
(1 543 456)
(1 509 360)
(1 520 187)
(1 561 921)
(1 616 108)
(1 705 529)
(1 833 413)
(1 896 567)
(2 000 026)
(2 054 785)
(2 178 247)
(2 242 811)
(2 302 216)
(2 405 938)
(2 447 396)
(2 556 246)
(2 574 975)
(2 633 757)
(2 608 862)
(2 565 315)
(2 565 104)
(2 466 470)
(2 254 735)
(2 218 973)
(2 226 618)
(2 261 369)
(2 350 826)
(2 387 353)
(2 449 299)
(2 484 081)
(2 641 422)
(2 727 712)
(2 819 152)
(2 878 585)
(2 950 088)
(3 112 032)
(3 078 773)
(3 139 023)
Selling, General & Administrative
(230 276)
(252 574)
(279 387)
(311 185)
(338 244)
(352 405)
(360 586)
(363 495)
(374 236)
(390 942)
(416 017)
(457 485)
(490 710)
(543 273)
(621 331)
(694 621)
(773 075)
(792 094)
(832 911)
(885 060)
(945 443)
(1 023 998)
(1 091 745)
(1 164 950)
(1 257 401)
(1 305 400)
(1 373 383)
(1 424 202)
(1 413 147)
(1 430 357)
(1 428 520)
(1 434 389)
(1 443 146)
(1 458 171)
(1 523 736)
(1 503 820)
(1 521 448)
(1 559 561)
(1 617 728)
(1 708 371)
(1 854 650)
(1 930 923)
(2 039 051)
(2 111 295)
(2 235 076)
(2 239 866)
(2 233 035)
(2 257 734)
(2 221 586)
(2 311 100)
(2 296 658)
(2 323 957)
(2 313 411)
(2 258 441)
(2 276 286)
(2 167 066)
(1 954 632)
(1 926 462)
(1 934 852)
(1 991 180)
(2 020 845)
(2 034 759)
(2 079 767)
(2 102 767)
(2 316 483)
(2 388 229)
(2 483 523)
(2 543 234)
(2 603 634)
(2 784 806)
(2 756 594)
(2 822 242)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(15 668)
(33 095)
(50 599)
(66 345)
(55 159)
(58 878)
(62 994)
(85 969)
(88 215)
(89 373)
(87 623)
(86 539)
(84 982)
(84 476)
(88 894)
(89 939)
(87 098)
(83 341)
(77 271)
(71 463)
(69 985)
(69 134)
(68 484)
(72 726)
(75 080)
(76 714)
(79 544)
(80 380)
(154 461)
(231 224)
(308 838)
(388 453)
(405 972)
(422 785)
(436 352)
(436 719)
(438 207)
(435 877)
(430 975)
(433 172)
(431 451)
(431 939)
(436 751)
(447 565)
(451 513)
(459 051)
(468 227)
(469 036)
(475 733)
(479 624)
(481 175)
(494 400)
(505 282)
(522 835)
(543 141)
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
25 774
34 003
42 183
36 031
66 035
68 205
89 317
63 436
65 374
69 089
57 462
60 960
62 360
62 071
59 197
56 660
57 545
63 622
71 731
72 723
67 624
70 754
71 326
93 963
109 437
115 740
136 054
137 208
151 518
162 043
160 635
162 643
160 826
144 468
126 552
141 267
131 332
147 058
131 571
133 069
138 940
140 174
166 562
117 583
98 919
89 519
86 913
144 098
136 251
143 995
145 824
147 946
178 056
200 656
226 361
Operating Income
96 866
N/A
104 152
+8%
122 080
+17%
149 670
+23%
164 477
+10%
174 948
+6%
175 008
+0%
173 407
-1%
178 201
+3%
185 474
+4%
200 836
+8%
203 009
+1%
217 893
+7%
243 548
+12%
262 096
+8%
303 568
+16%
363 099
+20%
431 437
+19%
472 853
+10%
507 226
+7%
553 905
+9%
578 132
+4%
584 444
+1%
632 357
+8%
628 290
-1%
681 867
+9%
710 744
+4%
703 894
-1%
723 875
+3%
707 208
-2%
704 227
0%
724 315
+3%
745 012
+3%
761 490
+2%
736 740
-3%
752 894
+2%
802 642
+7%
821 781
+2%
916 384
+12%
959 378
+5%
965 888
+1%
1 034 869
+7%
1 095 169
+6%
1 185 520
+8%
1 224 616
+3%
1 296 352
+6%
1 344 337
+4%
1 350 026
+0%
1 395 251
+3%
1 370 403
-2%
1 212 804
-12%
1 089 211
-10%
1 009 031
-7%
907 396
-10%
903 049
0%
756 450
-16%
922 207
+22%
922 955
+0%
893 225
-3%
972 852
+9%
879 631
-10%
883 894
+0%
945 155
+7%
1 024 521
+8%
1 028 215
+0%
1 068 403
+4%
1 083 399
+1%
1 149 947
+6%
1 186 200
+3%
1 099 533
-7%
1 097 130
0%
1 045 319
-5%
Pre-Tax Income
Interest Income Expense
(7 538)
(1 699)
6 354
8 232
23 709
31 250
30 821
43 818
31 305
20 795
17 890
9 644
12 267
14 097
11 863
6 740
7 785
(4 518)
(9 294)
(11 088)
8 585
(6 328)
(8 507)
(15 284)
(5 297)
4 813
6 476
16 115
6 133
7 054
17 570
18 991
22 348
21 614
23 539
26 715
21 306
23 371
25 060
28 084
33 836
34 701
32 911
38 546
24 905
(12 259)
(34 435)
(68 743)
(76 693)
(47 454)
(50 004)
(35 177)
(39 551)
(39 783)
(29 847)
(37 746)
(36 415)
(36 578)
(34 935)
(24 917)
(11 639)
(3 425)
881
6 148
(12 962)
5 726
17 497
(6 905)
(37 877)
(28 972)
(49 120)
(23 526)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14
0
15
15
(13)
1
10
16
37
95
109
7 601
7 593
7 656
7 008
(530)
73 902
73 984
74 353
74 389
596
736
1 894
3 489
2 861
3 689
2 717
155
205
(106)
21
0
936
83
42
63
19
(316)
5 065
(1 279)
(3 313)
(3 646)
(6 407)
(3 154)
(1 201)
(485)
(3 527)
(1 109)
(1 878)
(3 059)
(3 251)
(3 544)
(4 613)
Gain/Loss on Disposition of Assets
148
0
148
148
0
0
0
0
3
3
3
3
0
0
0
0
109
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
(4 279)
(4 188)
(3 026)
(3 343)
(4 729)
(4 594)
(5 806)
(5 088)
(3 178)
(2 372)
(2 221)
(1 417)
(992)
137
771
1 650
(129)
(14 180)
(14 123)
(14 817)
(25 178)
(37 766)
(37 766)
(37 767)
0
(8 289)
(16 646)
(25 059)
(37 807)
(35 172)
(36 152)
(38 081)
(38 405)
(38 844)
(38 248)
(35 605)
(34 803)
(34 900)
(35 717)
(37 416)
(40 480)
(41 200)
(43 239)
(45 338)
(50 502)
(52 770)
(53 968)
(55 890)
(55 742)
(56 015)
(54 838)
(52 165)
(46 226)
(42 474)
(40 746)
(38 298)
(40 608)
(42 737)
(42 891)
(49 481)
(43 516)
(47 944)
(51 734)
(50 552)
(53 869)
(56 643)
(60 343)
(63 123)
(61 832)
(70 589)
(65 121)
(67 190)
Pre-Tax Income
85 198
N/A
98 265
+15%
125 558
+28%
154 708
+23%
183 458
+19%
201 605
+10%
200 024
-1%
212 138
+6%
206 330
-3%
203 901
-1%
216 509
+6%
211 240
-2%
229 167
+8%
257 783
+12%
274 731
+7%
311 958
+14%
370 866
+19%
412 739
+11%
449 436
+9%
481 335
+7%
537 312
+12%
534 053
-1%
538 186
+1%
579 293
+8%
622 994
+8%
678 401
+9%
700 590
+3%
694 987
-1%
692 296
0%
679 199
-2%
693 246
+2%
712 818
+3%
736 612
+3%
751 268
+2%
721 500
-4%
817 905
+13%
863 128
+6%
884 604
+2%
980 115
+11%
950 640
-3%
959 980
+1%
1 030 263
+7%
1 088 330
+6%
1 181 589
+9%
1 202 709
+2%
1 234 040
+3%
1 256 090
+2%
1 225 598
-2%
1 262 710
+3%
1 266 954
+0%
1 107 962
-13%
1 002 806
-9%
923 336
-8%
825 181
-11%
832 520
+1%
680 425
-18%
844 868
+24%
848 705
+0%
814 120
-4%
895 141
+10%
820 831
-8%
826 118
+1%
891 149
+8%
978 916
+10%
960 899
-2%
1 013 959
+6%
1 039 445
+3%
1 078 041
+4%
1 083 431
+1%
996 721
-8%
979 345
-2%
949 990
-3%
Net Income
Tax Provision
(25 129)
(28 138)
(35 506)
(42 869)
(52 815)
(55 524)
(54 669)
(56 865)
(51 888)
(49 549)
(51 650)
(50 034)
(54 628)
(64 782)
(70 037)
(80 769)
(91 361)
(96 054)
(97 777)
(99 007)
(108 463)
(88 099)
(87 766)
(95 726)
(119 990)
(130 351)
(136 407)
(133 476)
(135 590)
(132 580)
(133 302)
(138 511)
(151 738)
(154 122)
(150 123)
(152 499)
(156 977)
(162 657)
(179 946)
(187 673)
(179 294)
(192 480)
(204 314)
(223 771)
(226 436)
(230 290)
(235 618)
(230 070)
(239 073)
(237 358)
(202 829)
(176 801)
(192 025)
(172 025)
(174 878)
(148 814)
(140 059)
(137 181)
(129 137)
(144 640)
(147 184)
(148 424)
(159 266)
(173 963)
(190 126)
(206 995)
(218 517)
(233 167)
(198 716)
(177 012)
(166 636)
(156 347)
Income from Continuing Operations
60 068
70 126
90 053
111 840
130 643
146 082
145 355
155 273
154 443
154 351
164 858
161 206
174 539
193 002
204 695
231 189
279 505
316 686
351 660
382 328
428 849
445 954
450 420
483 568
503 004
548 050
564 182
561 510
556 706
546 618
559 943
574 305
584 873
597 144
571 376
665 406
706 150
721 947
800 169
762 967
780 687
837 782
884 015
957 817
976 273
1 003 751
1 020 471
995 528
1 023 637
1 029 596
905 133
826 006
731 311
653 156
657 641
531 611
704 809
711 524
684 983
750 501
673 647
677 694
731 883
804 953
770 774
806 964
820 927
844 874
884 716
819 709
812 709
793 643
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
1 048
2 340
3 312
4 558
5 087
5 587
5 622
6 468
0
3 099
8 294
5 710
6 668
8 039
5 869
4 868
5 048
4 785
5 618
5 080
5 185
5 608
3 451
4 907
6 902
5 865
4 430
2 943
141
(2 123)
(2 960)
(5 275)
(8 371)
(9 186)
(11 719)
(11 645)
(9 061)
(6 633)
(6 242)
(2 972)
1 696
1 520
1 885
(1 859)
(7 670)
(5 269)
(14 038)
(15 288)
(15 139)
(17 258)
(9 304)
(8 488)
(7 513)
(6 489)
(369)
3 001
5 918
7 024
7 328
9 115
6 443
5 274
Net Income (Common)
60 068
N/A
70 126
+17%
90 053
+28%
111 840
+24%
130 643
+17%
146 082
+12%
145 355
0%
155 273
+7%
154 443
-1%
154 351
0%
165 906
+7%
163 546
-1%
177 851
+9%
197 560
+11%
209 782
+6%
236 777
+13%
285 127
+20%
323 155
+13%
356 552
+10%
385 427
+8%
437 143
+13%
451 662
+3%
457 086
+1%
491 605
+8%
508 873
+4%
552 917
+9%
569 229
+3%
566 294
-1%
562 324
-1%
551 697
-2%
565 127
+2%
579 912
+3%
588 325
+1%
602 050
+2%
578 277
-4%
671 270
+16%
710 580
+6%
724 889
+2%
800 309
+10%
760 842
-5%
777 727
+2%
832 506
+7%
875 642
+5%
948 630
+8%
964 554
+2%
992 104
+3%
1 011 410
+2%
988 895
-2%
1 017 395
+3%
1 026 625
+1%
906 829
-12%
827 525
-9%
733 195
-11%
651 297
-11%
649 971
0%
526 342
-19%
690 771
+31%
696 236
+1%
669 844
-4%
733 242
+9%
664 343
-9%
669 206
+1%
724 370
+8%
798 465
+10%
763 507
-4%
809 965
+6%
826 846
+2%
851 898
+3%
892 044
+5%
828 824
-7%
819 151
-1%
798 917
-2%
EPS (Diluted)
3.5
N/A
4.08
+17%
5.24
+28%
6.51
+24%
7.64
+17%
8.88
+16%
8.8
-1%
8.38
-5%
9.18
+10%
9
-2%
9.67
+7%
9.53
-1%
10.37
+9%
11.52
+11%
12.23
+6%
13.81
+13%
16.63
+20%
18.46
+11%
20.37
+10%
224.73
+1 003%
24.98
-89%
25.8
+3%
27.2
+5%
28.67
+5%
29.7
+4%
32.33
+9%
33.27
+3%
33.12
0%
32.79
-1%
32.25
-2%
33.04
+2%
34.03
+3%
34.3
+1%
35.24
+3%
33.9
-4%
39.32
+16%
41.69
+6%
42.46
+2%
46.88
+10%
44.57
-5%
45.62
+2%
48.83
+7%
51.36
+5%
55.65
+8%
56.49
+2%
57.84
+2%
59.23
+2%
57.91
-2%
59.58
+3%
57.9
-3%
54.72
-5%
48.38
-12%
42.86
-11%
38.07
-11%
37.8
-1%
30.69
-19%
40.38
+32%
40.69
+1%
39.15
-4%
42.86
+9%
38.83
-9%
39.12
+1%
42.34
+8%
46.68
+10%
44.63
-4%
47.35
+6%
48.33
+2%
49.8
+3%
51.97
+4%
48.28
-7%
47.72
-1%
46.54
-2%

See Also

Summary
ACES intrinsic value, competitors valuation, and company profile.
DCF Valuation
ACES stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ACES stock valuation using valuation multiples.
Wall Street Estimates
ACES price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ACES stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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