Profile

Industry Sector Trade, Services & Investment
Industry Sub Sector Retail Trade
Established 11 March 1986
Listed 21 December 1992
Listed Company Code MPPA
Listed Shares 5,576,546,800
Dividend Yes
Major Shareholders (>5%) Multipolar (50.23%)
Prime Star Investment Pte Ltd (26.10%)
Star Pacific (6.29%)
Key Subsidiaries

Stock Quote Matahari Putra Prima - MPPA:

Business Summary

Matahari Putra Prima is engaged in Indonesia's retail business through its Matahari Food Division. This division operates several retail chains, including Hypermart, Foodmart and Boston Health and Beauty. The company is the leading modern retailer in Southeast Asia's largest economy owning more than 267 stores, all across Indonesia, as of 2015. It operates Hypermart, the country's largest hypermarket chain, with 107 outlets. It has 58 foodmart stores and 102 Boston Health and Beauty stores.

In 2015, Matahari Putra Prima held a 36 percent market share in Indonesia's modern trade market industry.

Matahari Putra Prima's Operational Highlights:

   2012    2013    2014
Total Number of Stores     187     222     267
Hypermart      80      99     107
Foodmart      29      29      58
Boston & Health Beauty      78      94     102

in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source: Matahari Putra Prima, Annual Report 2014

Strengths & Opportunities:

Well-established brand, ample experience and proven track-record as modern retailer
Rapid store expansion and developing new formats
Efficient logistics platform
Low debt burden
Ample room for growth, particularly outside Java
Indonesia's rapidly expanding middle class causes larger customer base

Weakness & Threats:

Limited amount of private label products
Increasingly tougher competition

Matahari Putra Prima's Financial Highlights:

     2010    2011    2012    2013    2014   2015F   2016F
Net Sales   8,545   8,909  10,868  11,913  13,590  15,358  17,354
Gross Profit   1,867   1,558   1,897   1,889   2,354   2,672   3,016
Profit before Tax    268    585    731    769    864
Net Income   5,800    105    220    445    554    577    648
Total Assets  11,421  10,308   8,225   6,580   5,827   7,201   8,227
Total Liabilities   4,227   4,625   4,379   3,285   2,978   3,776   4,153
Earnings per Share¹   1,122     20     41     83    103    107    127
Dividend per Share¹        6    186    186
P/E Ratio (x)    25.8    25.6    29.6     24    21.3
PBV (x)     1.6     3.5     5.8     4.0     3.4

in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source: Matahari Putra Prima, Annual Report 2014 & Pefindo

Stock Performance Matahari Putra Prima (MPPA) versus Jakarta Composite Index (JKSE):*

* normalized stocks, 1 January 2015 = 100

Location

Contact Details

Menara Matahari, Lippo Life 20th Floor
Boulevard Palem Raya 7, Karawaci
Tangerang
Phone: +62 21 547 5746
Fax: +62 21 547 5673
Email: [email protected]
www.matahari.co.id