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: 535 IDR -1.83% Market Closed
Market Cap: 9.2T IDR

Relative Value

The Relative Value of one ACES stock under the Base Case scenario is 871.54 IDR. Compared to the current market price of 535 IDR, Ace Hardware Indonesia Tbk PT is Undervalued by 39%.

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.

ACES Relative Value
Base Case
871.54 IDR
Undervaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
95
vs Industry
26
Median 3Y
1.6
Median 5Y
1.9
Industry
0.5
Forward
1
vs History
93
vs Industry
47
Median 3Y
15.9
Median 5Y
18.1
Industry
16.8
Forward
9.3
vs History
61
vs Industry
29
Median 3Y
11.2
Median 5Y
13.5
Industry
8.2
vs History
14
vs Industry
11
Median 3Y
25.9
Median 5Y
21.9
Industry
16.7
vs History
88
vs Industry
44
Median 3Y
2.1
Median 5Y
2.4
Industry
1.6
vs History
90
vs Industry
32
Median 3Y
1.4
Median 5Y
1.7
Industry
0.7
Forward
0.9
vs History
90
vs Industry
46
Median 3Y
3
Median 5Y
3.5
Industry
2.3
vs History
87
vs Industry
43
Median 3Y
10.3
Median 5Y
12.2
Industry
8.3
Forward
5.7
vs History
87
vs Industry
53
Median 3Y
10.3
Median 5Y
12.2
Industry
12.6
Forward
7.2
vs History
57
vs Industry
37
Median 3Y
9.8
Median 5Y
12
Industry
9.6
vs History
50
vs Industry
37
Median 3Y
11
Median 5Y
13.8
Industry
13.4
vs History
90
vs Industry
32
Median 3Y
2
Median 5Y
2.4
Industry
1

Multiples Across Competitors

ACES Competitors Multiples
Ace Hardware Indonesia Tbk PT Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
ID
Ace Hardware Indonesia Tbk PT
IDX:ACES
9.2T IDR 1 11.1 7.4 7.4
US
Home Depot Inc
NYSE:HD
365.1B USD 2.2 24.9 16.1 19.1
US
Lowe's Companies Inc
NYSE:LOW
126.2B USD 1.5 18.5 12.5 14.9
ZA
Italtile Ltd
JSE:ITE
12B Zac 0 0 0 0
US
Floor & Decor Holdings Inc
NYSE:FND
7.7B USD 1.7 37.6 15.5 29.5
UK
Kingfisher PLC
LSE:KGF
5.1B GBP 0.4 27.5 5.1 10.3
MY
Mr DIY Group M Bhd
KLSE:MRDIY
15.2B MYR 3.2 25.5 13.4 18.7
ZA
Cashbuild Ltd
JSE:CSB
3.5B Zac 0 0 0 0
MY
Mr DIY Group (M) Bhd
OTC:MDIYF
3.2B USD 2.9 22.8 12.1 16.8
TH
Home Product Center PCL
SET:HMPRO
99.3B THB 1.4 15.3 8.8 12.5
SE
Clas Ohlson AB
STO:CLAS B
18B SEK 1.6 21.4 16 16
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
ID
Ace Hardware Indonesia Tbk PT
IDX:ACES
Average EV/EBITDA: 11.9
7.4
12%
0.6
US
Home Depot Inc
NYSE:HD
16.1
5%
3.2
US
Lowe's Companies Inc
NYSE:LOW
12.5
3%
4.2
ZA
I
Italtile Ltd
JSE:ITE
Not Available
6%
N/A
US
Floor & Decor Holdings Inc
NYSE:FND
15.5
14%
1.1
UK
Kingfisher PLC
LSE:KGF
5.1
4%
1.3
MY
M
Mr DIY Group M Bhd
KLSE:MRDIY
13.4
5%
2.7
ZA
C
Cashbuild Ltd
JSE:CSB
Not Available
13%
N/A
MY
Mr DIY Group (M) Bhd
OTC:MDIYF
12.1
5%
2.4
TH
H
Home Product Center PCL
SET:HMPRO
8.8
3%
2.9
SE
Clas Ohlson AB
STO:CLAS B
16
9%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
ID
Ace Hardware Indonesia Tbk PT
IDX:ACES
Average EV/EBIT: 16.1
7.4
6%
1.2
US
Home Depot Inc
NYSE:HD
19.1
6%
3.2
US
Lowe's Companies Inc
NYSE:LOW
14.9
4%
3.7
ZA
I
Italtile Ltd
JSE:ITE
Not Available
6%
N/A
US
Floor & Decor Holdings Inc
NYSE:FND
29.5
16%
1.8
UK
Kingfisher PLC
LSE:KGF
10.3
7%
1.5
MY
M
Mr DIY Group M Bhd
KLSE:MRDIY
18.7
5%
3.7
ZA
C
Cashbuild Ltd
JSE:CSB
Not Available
34%
N/A
MY
Mr DIY Group (M) Bhd
OTC:MDIYF
16.8
5%
3.4
TH
H
Home Product Center PCL
SET:HMPRO
12.5
3%
4.2
SE
Clas Ohlson AB
STO:CLAS B
16
13%
1.2