Ace Hardware Indonesia (ACES) Financial Ratio Screen

JKT Consumer Cyclical Indonesia IDR 6517000M
FINANCIAL SCREEN PASSED*
Automated financial screen · activity assessed separately
Ace Hardware Indonesia (ACES) passes all available checks in 2 implemented financial-ratio model(s). Its activity assessment is still in progress; this is not a Shariah verdict. Its debt proxy is 11.2% against the model threshold of 30%. The supplied classification is Consumer Cyclical (Specialty Retail); mixed activities and revenue segments remain part of the activity assessment.

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MSCI new-inclusion financial-ratio snapshot

ACES financial screening at a glance

FINANCIAL SCREEN PASSED*Financial ratios shown separately from business review — not a fatwa
Debt ratio
11.2%
Pass vs 30%
Cash ratio
23.2%
Pass vs 30%
Receivables + cash
23.8%
Pass vs 30%
Impermissible income
1.0%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: December 2024. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria passedActivity is assessed separately
FTSE/Yasaar-styleFinancial criteria passedActivity is assessed separately
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2024Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Specialty Retail) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: PT Aspirasi Hidup Indonesia Tbk engages in the retail of home improvement products in Indonesia. It operates through Home Improvement Products, Lifestyle Products, and Toys Products segments. The company retails household and electrical appliances; tools, cleaning equipment, and gardening tools; pet supplies; lifestyle, fashion, beauty, home living, electronics, gadgets, kitchen, dining, hobbies, and craft products; food and beverage products; furniture, shelving and storage, decoration, renovation, automotive, health, and sport products; and children's toys. It also operates retail outlets under the AZKO, ATARU, Pendopo, and Toys Kingdom brands, as well as online shopping sites under the ruparupa brand. In addition, the company engages in trading; transportation and warehousing; and professional, scientific, and technical activities. The company was formerly known as PT Ace Hardware Indonesia Tbk and changed its name to PT Aspirasi Hidup Indonesia Tbk in June 2024. The company was founded in 1995 and is headquartered in Jakarta, Indonesia. PT Aspirasi Hidup Indonesia Tbk is a subsidiary of Kawan Lama Sejahtera, PT.

Sources to verify: Secondary company profile and classification · Issuer website

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 11.2%
/ 30%
23.2%
/ 30%
23.8%
/ 30%
0.98%
/ 5%
FINANCIAL SCREEN PASSED*
FTSE 11.2%
/ 33%
23.2%
/ 33%
23.8%
/ 50%
0.98%
/ 5%
FINANCIAL SCREEN PASSED*

Financial Highlights

P/E Ratio
8.2
Forward: 6.6
EPS
$46.44
Dividend Yield
891.0%
Payout: 73.0%
P/B Ratio
1.0
EV/EBITDA
4.9
EV: $5.8T
Revenue
$8.6T
Growth: -1.4%
Beta
0.2
Low volatility
Current Ratio
9.4

Profitability

Gross Margin 44.9%
Operating Margin 12.1%
Net Margin 9.2%
Return on Equity (ROE) 12.6%
Return on Assets (ROA) 8.1%

Cash Flow & Balance Sheet

Free Cash Flow$603.1B
Total Debt$920.2B
Debt-to-Equity15.7
Current Ratio9.4
Total Assets$8.2T

Price & Trading

Last CloseIDR 384.00
50-Day MAIDR 396.48
200-Day MAIDR 435.06
Avg Volume43.8M
Beta0.2
52-Week Range
IDR 352.00
IDR 610.00

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2024. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Ace Hardware Indonesia (ACES)

CEO
Mr. Prabowo Widya Krisnadi
Employees
14,597
Website
Sector
Consumer Cyclical
Industry
Specialty Retail
Country
Indonesia
Exchange
JKT
Market Cap (listing currency)
IDR 6517000M
Currency
IDR

PT Aspirasi Hidup Indonesia Tbk engages in the retail of home improvement products in Indonesia. It operates through Home Improvement Products, Lifestyle Products, and Toys Products segments. The company retails household and electrical appliances; tools, cleaning equipment, and gardening tools; pet supplies; lifestyle, fashion, beauty, home living, electronics, gadgets, kitchen, dining, hobbies, and craft products; food and beverage products; furniture, shelving and storage, decoration, renovation, automotive, health, and sport products; and children's toys. It also operates retail outlets under the AZKO, ATARU, Pendopo, and Toys Kingdom brands, as well as online shopping sites under the ruparupa brand. In addition, the company engages in trading; transportation and warehousing; and professional, scientific, and technical activities. The company was formerly known as PT Ace Hardware Indonesia Tbk and changed its name to PT Aspirasi Hidup Indonesia Tbk in June 2024. The company was founded in 1995 and is headquartered in Jakarta, Indonesia. PT Aspirasi Hidup Indonesia Tbk is a subsidiary of Kawan Lama Sejahtera, PT.

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Frequently Asked Questions

Is Ace Hardware Indonesia (ACES) halal to invest in?

The current automated result is Financial screen passed; activity assessment pending. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Ace Hardware Indonesia's debt ratio?

Ace Hardware Indonesia's debt ratio is 11.2% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Ace Hardware Indonesia's key financial metrics?

Ace Hardware Indonesia has a market capitalization of IDR 6517000M in its listing currency, trailing P/E ratio of 8.2, and revenue of $8.6T. The company maintains a gross margin of 44.9% and a net margin of 9.2%. Return on equity stands at 12.6%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2024. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.