Is Ace Hardware Indonesia (ACES) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 13.4% / 30% | 27.7% / 30% | 0.7% / 30% | 0.98% / 5% | ✓ HALAL |
| DJIM | 13.4% / 33% | 27.7% / 33% | 0.7% / 33% | 0.98% / 5% | ✓ HALAL |
| MSCI | 11.2% / 33% | 23.2% / 33% | 0.5% / 33% | 0.98% / 5% | ✓ HALAL |
| S&P | 13.4% / 33% | 27.7% / 33% | 0.7% / 33% | 0.98% / 5% | ✓ HALAL |
| FTSE | 11.2% / 33% | 23.2% / 33% | 0.5% / 50% | 0.98% / 5% | ✓ HALAL |
Financial Highlights
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-Equity | 15.7 |
| Current Ratio | 9.4 |
| Total Assets | $8.2T |
Price & Trading
| Last Close | IDR 384.00 |
| 50-Day MA | IDR 396.48 |
| 200-Day MA | IDR 435.06 |
| Avg Volume | 43.8M |
| Beta | 0.2 |
|
52-Week Range
IDR 352.00
| |
About Ace Hardware Indonesia (ACES)
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.
Purification Calculator
As a halal stock with 0.98% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Ace Hardware Indonesia (ACES) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Ace Hardware Indonesia is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Ace Hardware Indonesia's debt ratio?
Ace Hardware Indonesia's debt ratio is 13.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 11.2%.
Does Ace Hardware Indonesia require dividend purification?
Yes, Ace Hardware Indonesia has an impermissible income ratio of 0.98%, which means 0.98% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Ace Hardware Indonesia's key financial metrics?
Ace Hardware Indonesia has a market capitalization of $6.5T, 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?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
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.