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PT Aspirasi Hidup Indonesia Tbk (ACEHF) fair value: what the stock is really worth

As of Jun 25, 2026: fair value of PT Aspirasi Hidup Indonesia Tbk $0.04, price $0.03, upside +38.6%, quality 71 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
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Consumer Cyclical · US · ISIN ID1000125503

PA PT Aspirasi Hidup Indonesia Tbk logo Thin data Sep 24, 2026

PT Aspirasi Hidup Indonesia Tbk

ACEHF · US

UndervaluedThe stock appears undervalued with acceptable quality.

✓Fair value $0.0435 · Undervalued (+38.6%)
✓Quality 71/100
✓Healthy Growth (revenue 5y +3.1 %/yr)
!Thin margins · 9.2% net margin (TTM)
✓Low debt · generates free cash flow
!Moderate moat 55/100
!Evidence only low, so the estimate is less certain
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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$0.0572 $0.0026 Fair Value $0.0435 Jul 2015 Jun 2026

White line = price, green steps = our fair value per fiscal year. As of Sep 24, 2026.

How to read this chart

60‑month range $0.0026 – $0.0572 · fair‑value band $0.0404 – $0.0529 · the $0.0314 price screens below the $0.0435 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Sep 24, 2026.

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Company profile

PT Aspirasi Hidup Indonesia Tbk engages in the retail of home improvement products in Indonesia. The company operates through Home Improvement Products, Lifestyle Products, and Toys Products segments.

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PT Aspirasi Hidup Indonesia Tbk engages in the retail of home improvement products in Indonesia. The company operates through Home Improvement Products, Lifestyle Products, and Toys Products segments. It offers bathroom and laundry, renovation and household equipment, electronics, and lamp and bulbs; kitchen, hobby and lifestyle, home accents, Olahraga dan outdoor, automotive, and cleaning tools; and toys. The company also engages in trading; real estate; transportation and warehousing; accommodation and food and beverage services; and information and communication business. It operates retail outlets under the AZKO, ATARU, Pendopo, and Toys Kingdom brands, as well as online shopping sites under the ruparupa brand. The company was formerly known as PT Ace Hardware Indonesia Tbk and changed its name to PT Aspirasi Hidup Indonesia Tbk in June 2024. PT Aspirasi Hidup Indonesia Tbk was founded in 1995 and is headquartered in Jakarta, Indonesia. PT Aspirasi Hidup Indonesia Tbk is a subsidiary of Kawan Lama Sejahtera, PT.

Stock analysis

PT Aspirasi Hidup Indonesia Tbk (ACEHF) currently trades at $0.0314, while our model-based Fair Value estimate is $0.0435, implying the stock looks roughly 27.8% undervalued today.

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Valuation

Bull case: the DCF Models group reads highest at a median of $0.0700 per share, and 16 of the 26 models we run sit above the $0.0314 price.

Bear case: the Asset-Based group reads lowest at $0.0100, and 10 of the 26 models stay below the price. Evidence for this calculation is low.

Scenario range: $0.0404 (bear) to $0.0529 (bull), the price of $0.0314 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 71/100 (solid quality), in the Consumer Cyclical sector.

Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.

PT Aspirasi Hidup Indonesia Tbk reported revenue of 8.6T IDR in FY2025 versus 6.5T IDR in FY2021, a compound +7.2%/yr. Reported net income was 669B IDR in FY2025, compounding −0.8%/yr from FY2021.

Key figures

Market cap $538M · Net margin 7.7% · Return on equity 12.6% · Return on assets (EBIT) 11.9% · Revenue (TTM) 8.7T IDR · Revenue growth (YoY) +10.1% · EPS growth (YoY) +15.5% · Free cash flow 1.5T IDR.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 51 out of 100 (low confidence).

What moves the price

The share trades about 3% below its 52-week high and 797% above its 52-week low.

For context, the median of 10 Consumer Cyclical peers we cover trades at 5% fair-value upside, at 39%, ACEHF screens cheaper than that median.

Fair Value models

Bear $0.0404 Fair Value $0.0435 Bull $0.0529
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF $0.0600 $0.0900 $0.1400 79
Growth DCF $0.0600 $0.0900 $0.1300 78
5Y EBITDA Exit $0.0500 $0.0700 $0.0900 76
All 26 models by family
DCF Models
FCF DCF $0.0600 $0.0900 $0.1400 79
Owner Earnings $0.0400 $0.0600 $0.1000 75
5Y Revenue Exit $0.0400 $0.0500 $0.0700 73
5Y EBITDA Exit $0.0500 $0.0700 $0.0900 76
5Y P/E Exit $0.0500 $0.0700 $0.1000 71
10Y Revenue Exit $0.0500 $0.0600 $0.0800 68
10Y EBITDA Exit $0.0500 $0.0700 $0.1000 68
10Y P/E Exit $0.0500 $0.0700 $0.1000 64
Earnings-Based
Graham-Dodd $0.0100 $0.0700 $0.0900 64
Lynch FV $0.0200 $0.0200 $0.0300 61
PEG = 1.0 $0.0200 $0.0200 $0.0300 57
EPV $0.0200 $0.0200 $0.0200 74
Dividend Discount
Gordon GGM $0.0100 $0.0300 $0.0400 67
DDM Multi-Stage $0.0100 $0.0200 $0.0300 65
Multiples
P/E Multiple $0.0400 $0.0500 $0.0600 63
P/S Multiple $0.0300 $0.0300 $0.0400 58
P/B Multiple $0.0300 $0.0400 $0.0500 55
EV/EBIT $0.0400 $0.0400 $0.0500 66
EV/EBITDA $0.0400 $0.0500 $0.0600 67
EV/Revenue $0.0300 $0.0300 $0.0400 54
Asset-Based
NCAV (Graham) $0.0100 $0.0100 $0.0200 52
Growth DCF
Growth DCF $0.0600 $0.0900 $0.1300 78
Rev-Margin DCF $0.0400 $0.0500 $0.0700 73
Economic Profit
Residual Income $0.0200 $0.0200 $0.0200 76
ROIC Compounder $0.0200 $0.0200 $0.0300 72
Growth Earnings
Growth-Adj P/E $0.0300 $0.0400 $0.0500 68

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Quality Score breakdown

Overall quality 71/100

Of which business quality 72 · Market factors (momentum, volatility) 66

Profitability 60
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 83
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 83
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 71
Price trend over the last 3–12 months (market factor)
52W Momentum 75
Distance to the 52-week high (market factor)
Net Issuance 83
Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 69/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+0.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.1%
Start year 2020 (pandemic). Over 10 years: +6.2% a year
Revenue growth 21 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+16.5%
What shareholders gained per year (last 5 years), in IDR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in IDR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−1.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−1.8%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−1.8% vs 1.2%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.13% → 7%
Start year 2020 (pandemic)

Growth Forecast

Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−15.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+7.9%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in IDR, Indonesia: IMF forecast 2.6% a year to 2030, 2.9% from 2016 to 2025) that is about −17.6% a year for the price and +5.1% for the forecasts.
Forecast 2026 (sales)+8.3%
Forecast 2027 (sales)+9.1%
Projected 2028 (sales)+8.2%
Projected 2029 (sales)+7.3%
Projected 2030 (sales)+6.4%

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Retail · 209 stocks

Beats the industry median on 7/9 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 71 · Top 25%
Fair Value upside +59.2% · Above median
Profitability
Return on equity (TTM) 12.6% · Above median
Return on assets 8.1% · Top 25%
Net margin (TTM) 9.2% · Top 25%
Operating margin (TTM) 0.0% · Below median
Growth and dividend
Revenue growth 10.1% · Above median

Valuation Multiplesvs Specialty Retail median · lower = cheaper

P/FCF 0.0× · Cheapest 25%
PEG 4.32× · Priciest 25%

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

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Ulta Beauty, Inc ULTA $547.89 $650.56 +19%
Casey's General Stores, Inc CASY $606.24 $405.93 −33%
Best Buy Co BBY $89.91 $94.70 +5%
Tractor Supply Company TSCO $31.73 $36.59 +15%
China Tourism Group 601888 ¥51.46 ¥40.40 −21%
DICK'S Sporting Goods, Inc DKS $134.70 $201.62 +50%
Five Below, Inc FIVE $222.60 $184.99 −17%
GameStop Corp GME $23.39 $13.85 −41%

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Cite: Fair Value Calculator (2026). "PT Aspirasi Hidup Indonesia Tbk Fair Value". https://www.fairvalue-calculator.com/stock/ACEHF

Frequently asked questions

Is PT Aspirasi Hidup Indonesia Tbk (ACEHF) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $0.0435 versus the last price from Jun 25, 2026 of $0.0314, about +39% upside (undervalued).
What is the fair value of ACEHF?
Our model-based fair value for PT Aspirasi Hidup Indonesia Tbk is $0.0435 (as of Sep 24, 2026), built from audited fundamentals. Last price (from Jun 25, 2026): $0.0314.
What is the quality score of ACEHF?
PT Aspirasi Hidup Indonesia Tbk has a Quality Score of 71/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for PT Aspirasi Hidup Indonesia Tbk (ACEHF)?
Our model-based price target is the fair value of $0.0435 (as of Sep 24, 2026) from 26 valuation models. Cautious scenario $0.0404, optimistic scenario $0.0529. It is a calculation from audited fundamentals, not an analyst target.
What is the PT Aspirasi Hidup Indonesia Tbk stock forecast for 2026?
Our models put fair value at $0.0435, about +39% upside versus the last price from Jun 25, 2026 of $0.0314 (undervalued). Cautious scenario $0.0404, optimistic scenario $0.0529. The calculation is refreshed regularly with new filings.
What is the revenue of PT Aspirasi Hidup Indonesia Tbk (ACEHF)?
PT Aspirasi Hidup Indonesia Tbk reported trailing-twelve-month revenue of about 8.7T IDR (latest available figure, as of Sep 24, 2026).
What growth is priced into PT Aspirasi Hidup Indonesia Tbk (ACEHF)?
For today's price to be fair in a discounted-cash-flow model, PT Aspirasi Hidup Indonesia Tbk would have to grow free cash flow by -15.4 % per year for five years (discount rate 9.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +3.1 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of ACEHF use?
Our models discount PT Aspirasi Hidup Indonesia Tbk at 9.8 %: a base by market capitalisation (small), damped by beta 0.12, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For PT Aspirasi Hidup Indonesia Tbk that is -15.4 % per year a year over ten years, using the same discount rate (9.8 %) and the same formula as our fair value.
How much growth has PT Aspirasi Hidup Indonesia Tbk (ACEHF) delivered so far?
Over the past 5 years revenue at PT Aspirasi Hidup Indonesia Tbk grew +3.1 % a year. The price currently implies -15.4 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of PT Aspirasi Hidup Indonesia Tbk (ACEHF) growing?
The median revenue growth in the sector is +3.9 % a year. That is the yardstick for the growth priced into PT Aspirasi Hidup Indonesia Tbk (-15.4 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of PT Aspirasi Hidup Indonesia Tbk (ACEHF)?
The free-cash-flow yield on the price is 15.17 %: that much free cash flow PT Aspirasi Hidup Indonesia Tbk produces per unit of market value. When it exceeds the discount rate of our models (9.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of PT Aspirasi Hidup Indonesia Tbk (ACEHF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For PT Aspirasi Hidup Indonesia Tbk it is $0.0435 per share (as of Sep 24, 2026), against a price of $0.0314. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is PT Aspirasi Hidup Indonesia Tbk stock overvalued or undervalued in 2026?
As of Sep 24, 2026, ACEHF trades below its calculated fair value: price $0.0314, fair value $0.0435, a gap of about +39% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ACEHF?
No. The price is what the market pays today ($0.0314); the fair value is what the company's own numbers justify ($0.0435). For PT Aspirasi Hidup Indonesia Tbk the two are $0.0121 per share apart. That gap is exactly why we show both numbers side by side.
How much is PT Aspirasi Hidup Indonesia Tbk worth?
The market values PT Aspirasi Hidup Indonesia Tbk at about $538M (market capitalisation, as of Sep 24, 2026). Per share that is $0.0314; our models calculate a fair value of $0.0435 per share.
What do the bullish and bearish scenarios say about ACEHF?
Our models span a range for PT Aspirasi Hidup Indonesia Tbk: cautious scenario $0.0404, base $0.0435, optimistic $0.0529 per share (as of Sep 24, 2026, price $0.0314). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of ACEHF?
The PEG ratio of PT Aspirasi Hidup Indonesia Tbk is 4.32 (P/E divided by earnings growth, as of Sep 24, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of PT Aspirasi Hidup Indonesia Tbk (ACEHF)?
Balance-sheet figures for PT Aspirasi Hidup Indonesia Tbk (as of Sep 24, 2026): return on equity 12.6%. They feed the Quality Score of 71/100, which measures business quality independently of the share price.
How far is ACEHF from its 52-week high?
PT Aspirasi Hidup Indonesia Tbk trades at $0.0314, about 3% below its 52-week high of $0.0323 and 797% above the low of $0.0035 (as of Jun 25, 2026). Distance from the high says nothing about value: that is what the fair value of $0.0435 is for.
Which stocks are comparable to PT Aspirasi Hidup Indonesia Tbk?
From the same area (Consumer Cyclical) we also value Alimentation Couche-Tard Inc, Williams-Sonoma, Inc, Ulta Beauty, Inc, Casey's General Stores, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is PT Aspirasi Hidup Indonesia Tbk stock attractive at the current price?
The data as of Sep 24, 2026: price $0.0314, calculated fair value $0.0435 (+39%), Quality Score 71/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ACEHF calculated?
We run PT Aspirasi Hidup Indonesia Tbk through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $0.0435, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. PT Aspirasi Hidup Indonesia Tbk currently trades 28 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of PT Aspirasi Hidup Indonesia Tbk (ACEHF)?
The latest price we hold is from Jun 25, 2026 and stands at $0.0314. Our model-based fair value is $0.0435, about +39% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with PT Aspirasi Hidup Indonesia Tbk right now?
The rarer combination: high quality (71/100) AND below fair value. That earns a closer look rather than a quick verdict. The price is below even our cautious bear case ($0.0404). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Where does the earnings growth of PT Aspirasi Hidup Indonesia Tbk (ACEHF) come from?
Earnings per share at PT Aspirasi Hidup Indonesia Tbk grew +2.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share +6.3 %, EBIT margin −4.3 %, tax rate +0.1 %, residual (interest, one-offs) +0.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of PT Aspirasi Hidup Indonesia Tbk

How large is the market capitalisation of PT Aspirasi Hidup Indonesia Tbk (ACEHF)?
The market capitalisation of PT Aspirasi Hidup Indonesia Tbk is $538M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the net margin of PT Aspirasi Hidup Indonesia Tbk (ACEHF)?
The net margin of PT Aspirasi Hidup Indonesia Tbk is 7.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of PT Aspirasi Hidup Indonesia Tbk (ACEHF)?
The return on equity (ROE) of PT Aspirasi Hidup Indonesia Tbk is 12.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of PT Aspirasi Hidup Indonesia Tbk (ACEHF)?
On an EBIT basis the return on assets of PT Aspirasi Hidup Indonesia Tbk is 11.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
How fast is revenue growing at PT Aspirasi Hidup Indonesia Tbk (ACEHF)?
Revenue at PT Aspirasi Hidup Indonesia Tbk is growing +10.1% versus a year earlier (3y avg +8.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at PT Aspirasi Hidup Indonesia Tbk (ACEHF)?
Earnings per share at PT Aspirasi Hidup Indonesia Tbk are growing +15.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does PT Aspirasi Hidup Indonesia Tbk (ACEHF) hold?
PT Aspirasi Hidup Indonesia Tbk holds more cash than debt, 1.2T IDR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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