10 XP 0   0   5  
0coffee
Main menu
3rd party ad coffee SUPPORTERis ad-free.

BUKA (Bukalapak) Stock Analysis
Buy, Hold or Sell?

Let's analyze Bukalapak together

I guess you are interested in PT Bukalapak.com. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – Bukalapak’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Bukalapak’s Price Targets

I'm going to help you getting a better view of PT Bukalapak.com. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

Get notifications about PT Bukalapak.com

I send you an email if I find something interesting about PT Bukalapak.com.

1. Quick Overview

1.1. Quick analysis of Bukalapak (30 sec.)










1.2. What can you expect buying and holding a share of Bukalapak? (30 sec.)

How much money do you get?

How much money do you get?
Rp0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
Rp228.38
Expected worth in 1 year
Rp211.70
How sure are you?
36.8%

+ What do you gain per year?

Total Gains per Share
Rp-16.68
Return On Investment
-13.2%

For what price can you sell your share?

Current Price per Share
Rp126.00
Expected price per share
Rp114.00 - Rp145.00
How sure are you?
50%
3rd party ad coffee SUPPORTERis ad-free.

2. Detailed Analysis

2.1. Valuation of Bukalapak (5 min.)




Live pricePrice per Share (EOD)
Rp126.00
Intrinsic Value Per Share
Rp-301.54 - Rp-352.44
Total Value Per Share
Rp-73.16 - Rp-124.06

2.2. Growth of Bukalapak (5 min.)




Is Bukalapak growing?

Current yearPrevious yearGrowGrow %
How rich?$2.3b$2.5b-$154.8m-6.4%

How much money is Bukalapak making?

Current yearPrevious yearGrowGrow %
Making money-$34.8m-$10m-$24.8m-71.2%
Net Profit Margin-30.8%-9.5%--

How much money comes from the company's main activities?

2.3. Financial Health of Bukalapak (5 min.)




2.4. Comparing to competitors in the Internet Retail industry (5 min.)




  Industry Rankings (Internet Retail)  


Richest
#23 / 92

Most Revenue
#62 / 92

Most Profit
#80 / 92
3rd party ad coffee SUPPORTERis ad-free.

3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Bukalapak?

Welcome investor! Bukalapak's management wants to use your money to grow the business. In return you get a share of Bukalapak.

First you should know what it really means to hold a share of Bukalapak. And how you can make/lose money.

Speculation

The Price per Share of Bukalapak is Rp126.00. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Bukalapak.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Bukalapak, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is Rp228.38. Based on the TTM, the Book Value Change Per Share is Rp-4.17 per quarter. Based on the YOY, the Book Value Change Per Share is Rp-0.74 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is Rp0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Bukalapak.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 Rp% of Price per ShareRp% of Price per ShareRp% of Price per ShareRp% of Price per ShareRp% of Price per ShareRp% of Price per Share
Usd Eps0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Price Per Share0.01-0.01-0.02-0.02-0.02-0.02-
Price to Earnings Ratio33.32-11.27--27.13--6.38--8.76--8.30-
Price-to-Total Gains Ratio-101.05--23.95--84.44--42.26--39.82--39.82-
Price to Book Ratio0.63-0.56-0.80-0.78-0.89-0.84-
Price-to-Total Gains Ratio-101.05--23.95--84.44--42.26--39.82--39.82-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0126
Number of shares79365
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (79365 shares)-33.10100.70
Gains per Year (79365 shares)-132.41402.79
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-132-1420403393
20-265-2740806796
30-397-406012081199
40-530-538016111602
50-662-670020142005
60-794-802024172408
70-927-934028192811
80-1059-1066032223214
90-1192-1198036253617
100-1324-1330040284020

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share2.02.00.050.0%3.09.00.025.0%4.014.00.022.2%4.015.00.021.1%4.015.00.021.1%
Book Value Change Per Share1.03.00.025.0%2.010.00.016.7%7.011.00.038.9%7.011.01.036.8%7.011.01.036.8%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.018.00.0%0.00.019.00.0%0.00.019.00.0%
Total Gains per Share1.03.00.025.0%2.010.00.016.7%7.011.00.038.9%7.011.01.036.8%7.011.01.036.8%
3rd party ad coffee SUPPORTERis ad-free.

3.2. Key Performance Indicators

The key performance indicators of PT Bukalapak.com compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share---1.415-4.171+195%-0.743-47%-11.771+732%12.688-111%12.020-112%
Book Value Per Share--228.380233.895-2%248.911-8%251.083-9%216.885+5%205.470+11%
Current Ratio--20.04422.321-10%28.212-29%23.803-16%19.342+4%18.324+9%
Debt To Asset Ratio--0.0400.036+11%0.030+33%0.037+8%0.092-57%0.088-54%
Debt To Equity Ratio--0.0420.037+11%0.031+35%0.038+8%0.126-67%0.119-65%
Dividend Per Share----0%-0%-0%-0%-0%
Enterprise Value--13770732333981.00012713481546295.250+8%39030371293340.000-65%33500647782918.418-59%43531577695404.070-68%43531577695404.070-68%
Eps--1.073-3.379+415%-0.973+191%-12.417+1257%-2.068+293%-2.160+301%
Ev To Sales Ratio--2.3642.709-13%8.498-72%8.010-70%13.915-83%13.915-83%
Free Cash Flow Per Share---2.2450.186-1306%-0.385-83%-6.193+176%-5.109+128%-5.046+125%
Free Cash Flow To Equity Per Share---2.2450.186-1306%-0.445-80%-6.228+177%8.139-128%7.578-130%
Gross Profit Margin--1.0001.0000%1.548-35%1.213-18%0.840+19%0.904+11%
Intrinsic Value_10Y_max---352.437----------
Intrinsic Value_10Y_min---301.541----------
Intrinsic Value_1Y_max---26.334----------
Intrinsic Value_1Y_min---25.861----------
Intrinsic Value_3Y_max---85.969----------
Intrinsic Value_3Y_min---81.935----------
Intrinsic Value_5Y_max---153.858----------
Intrinsic Value_5Y_min---142.218----------
Market Cap12995514040320.000-13%14748931463981.00013614361646795.250+8%20576230563840.000-28%20541855431918.418-28%23275037428781.168-37%22050035458845.316-33%
Net Profit Margin--0.076-0.308+506%-0.095+225%-1.362+1893%-0.074+197%-0.134+277%
Operating Margin----0%0.224-100%0.448-100%-0.0100%-0.0740%
Operating Ratio--1.9822.023-2%1.136+74%1.533+29%1.690+17%1.731+15%
Pb Ratio0.552-13%0.6260.565+11%0.801-22%0.785-20%0.891-30%0.844-26%
Pe Ratio29.359-13%33.32111.266+196%-27.126+181%-6.379+119%-8.759+126%-8.298+125%
Price Per Share126.000-13%143.000132.000+8%199.500-28%199.167-28%225.667-37%213.789-33%
Price To Free Cash Flow Ratio-14.031+12%-15.92422.502-171%96.768-116%64.327-125%60.685-126%57.491-128%
Price To Total Gains Ratio-89.040+12%-101.054-23.952-76%-84.436-16%-42.264-58%-39.822-61%-39.822-61%
Quick Ratio--7.2047.856-8%33.749-79%22.477-68%18.937-62%17.941-60%
Return On Assets--0.005-0.014+410%-0.004+188%-0.043+1055%-0.022+589%-0.021+564%
Return On Equity--0.005-0.015+410%-0.004+188%-0.045+1063%-0.028+703%-0.027+671%
Total Gains Per Share---1.415-4.171+195%-0.743-47%-11.771+732%12.688-111%12.020-112%
Usd Book Value--2355493158.6002412371547.425-2%2567246039.000-8%2589642280.942-9%2236935713.761+5%2119202255.142+11%
Usd Book Value Change Per Share--0.0000.000+195%0.000-47%-0.001+732%0.001-111%0.001-112%
Usd Book Value Per Share--0.0230.023-2%0.025-8%0.025-9%0.022+5%0.021+11%
Usd Dividend Per Share----0%-0%-0%-0%-0%
Usd Enterprise Value--1377073233.3981271348154.630+8%3903037129.334-65%3350064778.292-59%4353157769.540-68%4353157769.540-68%
Usd Eps--0.0000.000+415%0.000+191%-0.001+1257%0.000+293%0.000+301%
Usd Free Cash Flow---23155317.5001920115.225-1306%-3975154.275-83%-63871096.583+176%-52693048.333+128%-52043658.721+125%
Usd Free Cash Flow Per Share--0.0000.000-1306%0.000-83%-0.001+176%-0.001+128%-0.001+125%
Usd Free Cash Flow To Equity Per Share--0.0000.000-1306%0.000-80%-0.001+177%0.001-128%0.001-130%
Usd Market Cap1299551404.032-13%1474893146.3981361436164.680+8%2057623056.384-28%2054185543.192-28%2327503742.878-37%2205003545.885-33%
Usd Price Per Share0.013-13%0.0140.013+8%0.020-28%0.020-28%0.023-37%0.021-33%
Usd Profit--11065942.700-34852739.250+415%-10034275.750+191%-128123948.392+1258%-13623934.044+223%-14977899.453+235%
Usd Revenue--145651086.000118699760.625+23%115025450.275+27%109879129.675+33%90254236.672+61%87189445.747+67%
Usd Total Gains Per Share--0.0000.000+195%0.000-47%-0.001+732%0.001-111%0.001-112%
 EOD+4 -4MRQTTM+18 -17YOY+10 -273Y+19 -185Y+20 -1610Y+20 -16

3.3 Fundamental Score

Let's check the fundamental score of PT Bukalapak.com based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1529.359
Price to Book Ratio (EOD)Between0-10.552
Net Profit Margin (MRQ)Greater than00.076
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than17.204
Current Ratio (MRQ)Greater than120.044
Debt to Asset Ratio (MRQ)Less than10.040
Debt to Equity Ratio (MRQ)Less than10.042
Return on Equity (MRQ)Greater than0.150.005
Return on Assets (MRQ)Greater than0.050.005
Total6/10 (60.0%)

3.4 Technical Score

Let's check the technical score of PT Bukalapak.com based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.018
Ma 20Greater thanMa 50128.700
Ma 50Greater thanMa 100136.100
Ma 100Greater thanMa 200136.210
OpenGreater thanClose125.000
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About PT Bukalapak.com

PT Bukalapak.com Tbk. operates an online marketplace for various products in Indonesia. It operates in three segments: Marketplace, Online to Offline, and Pengadaan. The company engages in programming, information, and telecommunications activities; e-commerce, and science and technology businesses; non-store retailing; and financing activities, as well as offers web portals, transportation management services, information technology consultancy services, software and databases, and platforms related to virtual or digital assets. It is also involved in mutual fund trading; wholesale trade in household goods, food, and beverages; advertising; management and consulting; retail trade, and other trading activities; education activities; construction services; apparel industry; special events organizer services; retail trade of construction materials; money changing; and payment services. The company was founded in 2010 and is headquartered in Jakarta Selatan, Indonesia.

Fundamental data was last updated by Penke on 2025-06-27 19:14:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is underpriced.
3rd party ad coffee SUPPORTERis ad-free.

4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ Bukalapak earns for each Rp1 of revenue.

  • Above 10% is considered healthy but always compareΒ Bukalapak to theΒ Internet Retail industry mean.
  • A Net Profit Margin of 7.6%Β means thatΒ Rp0.08 for each Rp1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of PT Bukalapak.com:

  • The MRQ is 7.6%. The company is making a profit. +1
  • The TTM is -30.8%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ7.6%TTM-30.8%+38.4%
TTM-30.8%YOY-9.5%-21.3%
TTM-30.8%5Y-7.4%-23.5%
5Y-7.4%10Y-13.4%+6.1%
Compared to industry (Internet Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ7.6%-0.7%+8.3%
TTM-30.8%-1.6%-29.2%
YOY-9.5%-0.4%-9.1%
3Y-136.2%-3.3%-132.9%
5Y-7.4%-1.4%-6.0%
10Y-13.4%-1.5%-11.9%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Bukalapak is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Bukalapak to theΒ Internet Retail industry mean.
  • 0.5% Return on Assets means thatΒ Bukalapak generatedΒ Rp0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of PT Bukalapak.com:

  • The MRQ is 0.5%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -1.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.5%TTM-1.4%+1.9%
TTM-1.4%YOY-0.4%-1.0%
TTM-1.4%5Y-2.2%+0.8%
5Y-2.2%10Y-2.1%-0.1%
Compared to industry (Internet Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%-0.4%+0.9%
TTM-1.4%-0.6%-0.8%
YOY-0.4%-0.4%+0.0%
3Y-4.3%-1.3%-3.0%
5Y-2.2%-0.3%-1.9%
10Y-2.1%-0.5%-1.6%
4.3.1.3. Return on Equity

Shows how efficient Bukalapak is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ Bukalapak to theΒ Internet Retail industry mean.
  • 0.5% Return on Equity means Bukalapak generated Rp0.00Β for eachΒ Rp1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of PT Bukalapak.com:

  • The MRQ is 0.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -1.5%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.5%TTM-1.5%+1.9%
TTM-1.5%YOY-0.4%-1.0%
TTM-1.5%5Y-2.8%+1.4%
5Y-2.8%10Y-2.7%-0.1%
Compared to industry (Internet Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%0.3%+0.2%
TTM-1.5%-0.2%-1.3%
YOY-0.4%-0.5%+0.1%
3Y-4.5%-2.6%-1.9%
5Y-2.8%-0.9%-1.9%
10Y-2.7%-0.8%-1.9%
3rd party ad coffee SUPPORTERis ad-free.

4.3.2. Operating Efficiency of PT Bukalapak.com.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Bukalapak is operatingΒ .

  • Measures how much profit Bukalapak makes for each Rp1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Bukalapak to theΒ Internet Retail industry mean.
  • An Operating Margin of 0.0%Β means the company generated Rp0.00 Β for each Rp1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of PT Bukalapak.com:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY22.4%-22.4%
TTM-5Y-1.0%+1.0%
5Y-1.0%10Y-7.4%+6.4%
Compared to industry (Internet Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.5%-1.5%
TTM-1.0%-1.0%
YOY22.4%0.6%+21.8%
3Y44.8%-0.6%+45.4%
5Y-1.0%-0.4%-0.6%
10Y-7.4%0.4%-7.8%
4.3.2.2. Operating Ratio

Measures how efficient Bukalapak is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Internet Retail industry mean).
  • An Operation Ratio of 1.98 means that the operating costs are Rp1.98 for each Rp1 in net sales.

Let's take a look of the Operating Ratio trends of PT Bukalapak.com:

  • The MRQ is 1.982. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.023. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.982TTM2.023-0.040
TTM2.023YOY1.136+0.887
TTM2.0235Y1.690+0.333
5Y1.69010Y1.731-0.040
Compared to industry (Internet Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9821.101+0.881
TTM2.0231.091+0.932
YOY1.1361.047+0.089
3Y1.5331.092+0.441
5Y1.6901.070+0.620
10Y1.7311.096+0.635
3rd party ad coffee SUPPORTERis ad-free.

4.4.3. Liquidity of PT Bukalapak.com.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Bukalapak is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Internet Retail industry mean).
  • A Current Ratio of 20.04Β means the company has Rp20.04 in assets for each Rp1 in short-term debts.

Let's take a look of the Current Ratio trends of PT Bukalapak.com:

  • The MRQ is 20.044. The company is very able to pay all its short-term debts. +2
  • The TTM is 22.321. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ20.044TTM22.321-2.277
TTM22.321YOY28.212-5.891
TTM22.3215Y19.342+2.979
5Y19.34210Y18.324+1.018
Compared to industry (Internet Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ20.0441.427+18.617
TTM22.3211.428+20.893
YOY28.2121.573+26.639
3Y23.8031.652+22.151
5Y19.3421.703+17.639
10Y18.3241.679+16.645
4.4.3.2. Quick Ratio

Measures if Bukalapak is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Bukalapak to theΒ Internet Retail industry mean.
  • A Quick Ratio of 7.20Β means the company can pay off Rp7.20 for each Rp1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of PT Bukalapak.com:

  • The MRQ is 7.204. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 7.856. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ7.204TTM7.856-0.652
TTM7.856YOY33.749-25.894
TTM7.8565Y18.937-11.082
5Y18.93710Y17.941+0.997
Compared to industry (Internet Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ7.2040.684+6.520
TTM7.8560.646+7.210
YOY33.7490.831+32.918
3Y22.4770.838+21.639
5Y18.9371.007+17.930
10Y17.9411.012+16.929
3rd party ad coffee SUPPORTERis ad-free.

4.5.4. Solvency of PT Bukalapak.com.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of BukalapakΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Bukalapak to Internet Retail industry mean.
  • A Debt to Asset Ratio of 0.04Β means that Bukalapak assets areΒ financed with 4.0% credit (debt) and the remaining percentage (100% - 4.0%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of PT Bukalapak.com:

  • The MRQ is 0.040. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.036. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.040TTM0.036+0.004
TTM0.036YOY0.030+0.006
TTM0.0365Y0.092-0.056
5Y0.09210Y0.088+0.005
Compared to industry (Internet Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0400.551-0.511
TTM0.0360.549-0.513
YOY0.0300.569-0.539
3Y0.0370.561-0.524
5Y0.0920.568-0.476
10Y0.0880.581-0.493
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Bukalapak is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Bukalapak to theΒ Internet Retail industry mean.
  • A Debt to Equity ratio of 4.2% means that company has Rp0.04 debt for each Rp1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of PT Bukalapak.com:

  • The MRQ is 0.042. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.037. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.042TTM0.037+0.004
TTM0.037YOY0.031+0.007
TTM0.0375Y0.126-0.088
5Y0.12610Y0.119+0.007
Compared to industry (Internet Retail)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0421.143-1.101
TTM0.0371.223-1.186
YOY0.0311.307-1.276
3Y0.0381.214-1.176
5Y0.1261.371-1.245
10Y0.1191.505-1.386
3rd party ad coffee SUPPORTERis ad-free.

4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every Rp1 in earnings Bukalapak generates.

  • Above 15 is considered overpriced butΒ always compareΒ Bukalapak to theΒ Internet Retail industry mean.
  • A PE ratio of 33.32 means the investor is paying Rp33.32Β for every Rp1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of PT Bukalapak.com:

  • The EOD is 29.359. Based on the earnings, the company is overpriced. -1
  • The MRQ is 33.321. Based on the earnings, the company is overpriced. -1
  • The TTM is 11.266. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD29.359MRQ33.321-3.961
MRQ33.321TTM11.266+22.055
TTM11.266YOY-27.126+38.392
TTM11.2665Y-8.759+20.025
5Y-8.75910Y-8.298-0.461
Compared to industry (Internet Retail)
PeriodCompanyIndustry (mean)+/- 
EOD29.359-0.344+29.703
MRQ33.321-0.180+33.501
TTM11.2661.444+9.822
YOY-27.126-0.666-26.460
3Y-6.379-0.347-6.032
5Y-8.7597.842-16.601
10Y-8.2986.944-15.242
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of PT Bukalapak.com:

  • The EOD is -14.031. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -15.924. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 22.502. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD-14.031MRQ-15.924+1.893
MRQ-15.924TTM22.502-38.426
TTM22.502YOY96.768-74.266
TTM22.5025Y60.685-38.183
5Y60.68510Y57.491+3.194
Compared to industry (Internet Retail)
PeriodCompanyIndustry (mean)+/- 
EOD-14.031-0.935-13.096
MRQ-15.924-0.887-15.037
TTM22.5023.726+18.776
YOY96.7682.680+94.088
3Y64.3270.125+64.202
5Y60.6854.127+56.558
10Y57.4912.670+54.821
3rd party ad coffee SUPPORTERis ad-free.
4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Bukalapak is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Internet Retail industry mean).
  • A PB ratio of 0.63 means the investor is paying Rp0.63Β for each Rp1 in book value.

Let's take a look of the Price to Book Ratio trends of PT Bukalapak.com:

  • The EOD is 0.552. Based on the equity, the company is cheap. +2
  • The MRQ is 0.626. Based on the equity, the company is cheap. +2
  • The TTM is 0.565. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.552MRQ0.626-0.074
MRQ0.626TTM0.565+0.061
TTM0.565YOY0.801-0.236
TTM0.5655Y0.891-0.326
5Y0.89110Y0.844+0.047
Compared to industry (Internet Retail)
PeriodCompanyIndustry (mean)+/- 
EOD0.5521.721-1.169
MRQ0.6261.868-1.242
TTM0.5651.670-1.105
YOY0.8011.611-0.810
3Y0.7851.813-1.028
5Y0.8913.183-2.292
10Y0.8444.633-3.789
4.6.2. Total Gains per Share
3rd party ad coffee SUPPORTERis ad-free.

6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in IDR. All numbers in thousands.

Summary
Total Assets24,533,130,716
Total Liabilities978,199,130
Total Stockholder Equity23,542,284,706
 As reported
Total Liabilities 978,199,130
Total Stockholder Equity+ 23,542,284,706
Total Assets = 24,533,130,716

Assets

Total Assets24,533,130,716
Total Current Assets17,984,029,107
Long-term Assets6,549,101,609
Total Current Assets
Cash And Cash Equivalents 10,690,333,318
Short-term Investments 6,351,085,671
Net Receivables 112,599,528
Inventory 178,622,796
Total Current Assets  (as reported)17,984,029,107
Total Current Assets  (calculated)17,332,641,313
+/- 651,387,794
Long-term Assets
Property Plant Equipment 137,994,864
Goodwill 159,327,916
Intangible Assets 144,460,270
Long-term Assets Other 1,040
Long-term Assets  (as reported)6,549,101,609
Long-term Assets  (calculated)441,784,090
+/- 6,107,317,519

Liabilities & Shareholders' Equity

Total Current Liabilities897,232,908
Long-term Liabilities80,966,222
Total Stockholder Equity23,542,284,706
Total Current Liabilities
Accounts payable 44,898,820
Other Current Liabilities 15,514,368
Total Current Liabilities  (as reported)897,232,908
Total Current Liabilities  (calculated)60,413,188
+/- 836,819,720
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt45,268,838
Long-term Liabilities Other 313,096
Long-term Liabilities  (as reported)80,966,222
Long-term Liabilities  (calculated)45,581,934
+/- 35,384,288
Total Stockholder Equity
Total Stockholder Equity (as reported)23,542,284,706
Total Stockholder Equity (calculated)0
+/- 23,542,284,706
Other
Capital Stock5,156,081,808
Common Stock Shares Outstanding 103,139,381
Net Invested Capital 23,542,284,706
Net Working Capital 17,086,796,199
Property Plant and Equipment Gross 356,508,272



6.2. Balance Sheets Structured

Currency in IDR. All numbers in thousands.

 Trend2025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-03-31
> Total Assets 
0
2,593,657,437
2,751,040,332
4,043,953,825
25,019,756,036
26,615,549,957
39,923,394,416
33,822,754,968
29,065,337,634
27,406,404,823
26,523,602,535
27,100,773,843
26,648,611,439
26,127,437,743
25,978,460,563
25,118,864,328
25,651,348,265
24,795,038,990
24,533,130,716
24,533,130,71624,795,038,99025,651,348,26525,118,864,32825,978,460,56326,127,437,74326,648,611,43927,100,773,84326,523,602,53527,406,404,82329,065,337,63433,822,754,96839,923,394,41626,615,549,95725,019,756,0364,043,953,8252,751,040,3322,593,657,4370
   > Total Current Assets 
0
1,769,815,305
1,986,011,535
3,116,660,895
24,157,457,236
25,848,765,146
36,104,792,174
30,587,593,117
24,124,641,372
22,005,287,475
17,414,753,115
19,336,736,089
23,812,635,565
20,088,780,546
16,632,605,890
15,916,253,723
19,097,819,197
17,837,141,664
17,984,029,107
17,984,029,10717,837,141,66419,097,819,19715,916,253,72316,632,605,89020,088,780,54623,812,635,56519,336,736,08917,414,753,11522,005,287,47524,124,641,37230,587,593,11736,104,792,17425,848,765,14624,157,457,2363,116,660,8951,986,011,5351,769,815,3050
       Cash And Cash Equivalents 
0
1,484,437,936
1,689,963,553
2,727,734,158
23,637,876,671
24,700,386,748
19,967,177,253
19,515,131,006
17,037,032,845
16,256,067,299
11,816,189,761
13,790,265,597
19,172,395,661
15,181,537,136
11,752,490,333
9,448,618,567
11,360,297,325
11,227,560,008
10,690,333,318
10,690,333,31811,227,560,00811,360,297,3259,448,618,56711,752,490,33315,181,537,13619,172,395,66113,790,265,59711,816,189,76116,256,067,29917,037,032,84519,515,131,00619,967,177,25324,700,386,74823,637,876,6712,727,734,1581,689,963,5531,484,437,9360
       Short-term Investments 
0
39,936,912
40,935,330
102,204,744
90,640,709
642,608,129
15,466,219,770
10,380,318,138
6,116,647,079
5,141,235,168
4,275,574,104
4,793,674,758
4,082,915,646
4,199,877,868
4,008,847,947
5,437,006,293
6,703,825,325
5,819,695,901
6,351,085,671
6,351,085,6715,819,695,9016,703,825,3255,437,006,2934,008,847,9474,199,877,8684,082,915,6464,793,674,7584,275,574,1045,141,235,1686,116,647,07910,380,318,13815,466,219,770642,608,12990,640,709102,204,74440,935,33039,936,9120
       Net Receivables 
0
0
206,487,531
262,856,232
216,822,000
137,711,000
182,883,000
205,601,000
174,385,000
316,483,529
240,764,782
354,773,974
219,239,172
345,074,369
475,839,222
192,998,995
154,456,209
69,973,503
112,599,528
112,599,52869,973,503154,456,209192,998,995475,839,222345,074,369219,239,172354,773,974240,764,782316,483,529174,385,000205,601,000182,883,000137,711,000216,822,000262,856,232206,487,53100
       Other Current Assets 
0
245,440,457
255,112,652
70,047,659
427,731,206
504,497,623
646,071,734
657,261,374
757,049,360
211,976,877
224,750,001
324,975,046
258,478,849
256,135,868
278,325,930
0
0
0
0
0000278,325,930256,135,868258,478,849324,975,046224,750,001211,976,877757,049,360657,261,374646,071,734504,497,623427,731,20670,047,659255,112,652245,440,4570
   > Long-term Assets 
0
823,842,132
765,028,797
0
862,298,800
766,784,811
3,818,602,242
3,235,161,851
4,940,696,262
5,401,117,348
9,108,849,420
7,764,037,754
2,835,975,874
6,038,657,197
9,345,854,673
9,202,610,605
6,553,529,068
6,957,897,326
6,549,101,609
6,549,101,6096,957,897,3266,553,529,0689,202,610,6059,345,854,6736,038,657,1972,835,975,8747,764,037,7549,108,849,4205,401,117,3484,940,696,2623,235,161,8513,818,602,242766,784,811862,298,8000765,028,797823,842,1320
       Property Plant Equipment 
0
335,017,116
276,251,416
232,915,088
136,737,206
113,873,361
90,627,469
92,470,157
74,919,533
69,974,053
58,108,292
52,489,715
54,047,822
51,399,672
45,308,250
41,525,771
54,745,271
126,851,474
137,994,864
137,994,864126,851,47454,745,27141,525,77145,308,25051,399,67254,047,82252,489,71558,108,29269,974,05374,919,53392,470,15790,627,469113,873,361136,737,206232,915,088276,251,416335,017,1160
       Goodwill 
0
0
0
186,821,400
71,618,556
215,710,360
284,933,122
289,567,380
299,901,445
309,176,431
309,176,431
309,023,337
377,210,422
239,834,885
239,834,885
232,712,469
231,167,241
159,327,916
159,327,916
159,327,916159,327,916231,167,241232,712,469239,834,885239,834,885377,210,422309,023,337309,176,431309,176,431299,901,445289,567,380284,933,122215,710,36071,618,556186,821,400000
       Intangible Assets 
0
2,268,878
2,101,227
1,958,001
138,209,131
63,470,194
59,502,202
55,371,298
51,975,194
40,617,234
90,780,917
81,184,250
82,622,577
210,503,623
222,863,163
211,166,034
185,680,505
154,209,509
144,460,270
144,460,270154,209,509185,680,505211,166,034222,863,163210,503,62382,622,57781,184,25090,780,91740,617,23451,975,19455,371,29859,502,20263,470,194138,209,1311,958,0012,101,2272,268,8780
       Other Assets 
0
0
483,527,548
502,449,835
462,814,110
305,266,373
339,275,132
104,997,851
82,582,039
18,701,810
16,285,925
19,858,135
176,293,103
0
0
0
0
0
0
000000176,293,10319,858,13516,285,92518,701,81082,582,039104,997,851339,275,132305,266,373462,814,110502,449,835483,527,54800
> Total Liabilities 
0
985,821,769
1,045,093,091
1,037,656,600
1,067,373,268
3,119,931,208
1,800,121,303
1,599,129,272
1,797,182,370
907,921,366
941,496,696
825,201,619
842,689,045
794,689,627
702,861,737
682,709,553
848,368,538
1,094,243,181
978,199,130
978,199,1301,094,243,181848,368,538682,709,553702,861,737794,689,627842,689,045825,201,619941,496,696907,921,3661,797,182,3701,599,129,2721,800,121,3033,119,931,2081,067,373,2681,037,656,6001,045,093,091985,821,7690
   > Total Current Liabilities 
0
881,991,424
945,724,309
927,246,326
965,447,998
3,007,454,642
1,684,745,857
1,466,595,903
1,630,853,710
808,855,817
843,217,719
731,544,278
753,673,913
714,125,517
623,196,545
599,743,683
754,304,059
1,026,213,794
897,232,908
897,232,9081,026,213,794754,304,059599,743,683623,196,545714,125,517753,673,913731,544,278843,217,719808,855,8171,630,853,7101,466,595,9031,684,745,8573,007,454,642965,447,998927,246,326945,724,309881,991,4240
       Short-term Debt 
0
17,208,636
18,990,090
0
20,960,578
2,022,138,562
22,319,868
31,159,858
34,877,164
39,229,035
35,805,754
37,717,834
35,373,314
30,223,267
30,507,435
0
0
0
0
000030,507,43530,223,26735,373,31437,717,83435,805,75439,229,03534,877,16431,159,85822,319,8682,022,138,56220,960,578018,990,09017,208,6360
       Short Long Term Debt 
0
0
0
0
0
2,000,000,000
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000002,000,000,00000000
       Accounts payable 
0
72,192,147
82,561,054
55,147,554
19,571,752
114,473,284
56,105,126
68,013,701
140,651,160
78,671,879
81,760,082
57,200,356
60,152,540
78,960,657
32,313,416
32,503,006
41,335,868
48,686,391
44,898,820
44,898,82048,686,39141,335,86832,503,00632,313,41678,960,65760,152,54057,200,35681,760,08278,671,879140,651,16068,013,70156,105,126114,473,28419,571,75255,147,55482,561,05472,192,1470
       Other Current Liabilities 
0
772,632,469
808,221,495
345,401,403
902,526,682
9,080,363
1,606,320,863
1,351,065,860
1,446,253,105
672,429,213
716,977,676
10,698,377
11,341,439
588,336,911
532,841,279
12,607,791
13,260,619
14,297,444
15,514,368
15,514,36814,297,44413,260,61912,607,791532,841,279588,336,91111,341,43910,698,377716,977,676672,429,2131,446,253,1051,351,065,8601,606,320,8639,080,363902,526,682345,401,403808,221,495772,632,4690
   > Long-term Liabilities 
0
103,830,345
99,368,782
0
101,925,270
112,476,566
115,375,446
132,533,369
166,328,660
99,065,549
98,278,977
93,657,341
89,015,132
80,564,110
79,665,192
82,965,870
94,064,479
68,029,387
80,966,222
80,966,22268,029,38794,064,47982,965,87079,665,19280,564,11089,015,13293,657,34198,278,97799,065,549166,328,660132,533,369115,375,446112,476,566101,925,270099,368,782103,830,3450
       Long term Debt Total 
0
0
0
41,916,011
37,358,331
32,675,044
28,975,695
36,709,240
30,990,418
25,777,242
19,321,168
13,438,007
10,852,880
0
0
0
0
0
0
00000010,852,88013,438,00719,321,16825,777,24230,990,41836,709,24028,975,69532,675,04437,358,33141,916,011000
       Other Liabilities 
0
0
52,862,457
58,669,024
64,566,939
79,801,522
86,399,751
95,824,129
135,338,242
73,288,307
78,957,809
0
0
0
0
0
0
0
0
0000000078,957,80973,288,307135,338,24295,824,12986,399,75179,801,52264,566,93958,669,02452,862,45700
> Total Stockholder Equity
0
1,597,226,239
1,695,886,051
3,006,297,225
23,942,943,573
23,469,657,286
38,103,551,877
32,207,078,693
27,255,868,323
26,487,418,056
25,572,739,266
26,268,822,284
25,802,120,810
25,308,376,943
25,260,009,499
24,423,015,991
24,789,833,478
23,691,845,110
23,542,284,706
23,542,284,70623,691,845,11024,789,833,47824,423,015,99125,260,009,49925,308,376,94325,802,120,81026,268,822,28425,572,739,26626,487,418,05627,255,868,32332,207,078,69338,103,551,87723,469,657,28623,942,943,5733,006,297,2251,695,886,0511,597,226,2390
   Common Stock
0
2,508,277,911
2,781,004,911
3,864,825,728
5,153,100,968
5,153,100,968
5,153,100,968
5,153,100,968
5,153,100,968
5,153,323,873
5,153,323,873
5,154,016,271
5,154,016,271
5,154,998,353
5,154,998,353
0
0
0
0
00005,154,998,3535,154,998,3535,154,016,2715,154,016,2715,153,323,8735,153,323,8735,153,100,9685,153,100,9685,153,100,9685,153,100,9685,153,100,9683,864,825,7282,781,004,9112,508,277,9110
   Retained Earnings Total Equity0000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
253,247,874
271,724,122
1,143,449,460
1,234,722,668
1,308,285,571
1,262,284,595
1,376,512,866
1,370,112,412
0
0
0
0
00001,370,112,4121,376,512,8661,262,284,5951,308,285,5711,234,722,6681,143,449,460271,724,122253,247,8740000000
   Capital Surplus 
0
0
6,768,910,339
7,497,526,782
27,507,551,704
27,535,082,984
27,535,082,984
27,535,082,984
27,535,082,984
27,534,860,079
27,534,860,079
27,534,167,681
27,506,258,195
0
0
0
0
0
0
00000027,506,258,19527,534,167,68127,534,860,07927,534,860,07927,535,082,98427,535,082,98427,535,082,98427,535,082,98427,507,551,7047,497,526,7826,768,910,33900
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
0
6,743,834,346
6,893,014,878
65,068,670
27,571,603,742
27,644,401,679
27,727,514,831
27,535,082,984
27,535,082,984
27,534,860,079
27,534,860,079
27,540,009,695
27,506,258,195
27,505,276,113
27,505,276,113
0
0
0
0
000027,505,276,11327,505,276,11327,506,258,19527,540,009,69527,534,860,07927,534,860,07927,535,082,98427,535,082,98427,727,514,83127,644,401,67927,571,603,74265,068,6706,893,014,8786,743,834,3460



6.3. Balance Sheets

Currency in IDR. All numbers in thousands.




6.4. Cash Flows

Currency in IDR. All numbers in thousands.




6.5. Income Statements

Currency in IDR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in IDR. All numbers in thousands.

Gross Profit (+$)
totalRevenue4,460,266,085
Cost of Revenue-3,743,583,300
Gross Profit716,682,785716,682,785
 
Operating Income (+$)
Gross Profit716,682,785
Operating Expense-5,138,758,663
Operating Income-678,492,578-4,422,075,878
 
Operating Expense (+$)
Research Development0
Selling General Administrative476,870,423
Selling And Marketing Expenses0
Operating Expense5,138,758,663476,870,423
 
Net Interest Income (+$)
Interest Income1,037,209,129
Interest Expense-2,291,656
Other Finance Cost-2,379,366
Net Interest Income1,032,538,107
 
Pretax Income (+$)
Operating Income-678,492,578
Net Interest Income1,032,538,107
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-1,529,680,956-678,492,578
EBIT - interestExpense = -2,291,656
-1,546,735,987
-1,544,444,331
Interest Expense2,291,656
Earnings Before Interest and Taxes (EBIT)0-1,527,389,300
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-1,529,680,956
Tax Provision-18,782,511
Net Income From Continuing Ops-1,548,463,467-1,548,463,467
Net Income-1,546,735,987
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-1,032,538,107
 

Technical Analysis of Bukalapak
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Bukalapak. The general trend of Bukalapak is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Bukalapak's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-42.9%) Bearish trend (42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Bukalapak Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of PT Bukalapak.com.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 132.00 < 134.00 < 145.00.

The bearish price targets are: 120.00 > 120.00 > 114.00.

Know someone who trades $BUKA? Share this with them.πŸ‘‡

PT Bukalapak.com Daily Support & Resistance Chart
3rd party ad coffee SUPPORTERis ad-free.

2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of PT Bukalapak.com. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

PT Bukalapak.com Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of PT Bukalapak.com. The current macd is -3.40751899.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Bukalapak price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Bukalapak. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Bukalapak price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
PT Bukalapak.com Daily Moving Average Convergence/Divergence (MACD) ChartPT Bukalapak.com Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of PT Bukalapak.com. The current adx is 21.17.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Bukalapak shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
PT Bukalapak.com Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of PT Bukalapak.com. The current sar is 131.57.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
PT Bukalapak.com Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of PT Bukalapak.com. The current rsi is 43.02. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
PT Bukalapak.com Daily Relative Strength Index (RSI) ChartPT Bukalapak.com Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of PT Bukalapak.com. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Bukalapak price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
PT Bukalapak.com Daily Stochastic Oscillator ChartPT Bukalapak.com Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of PT Bukalapak.com. The current cci is -44.3329151.

PT Bukalapak.com Daily Commodity Channel Index (CCI) ChartPT Bukalapak.com Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of PT Bukalapak.com. The current cmo is -9.5966737.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
PT Bukalapak.com Daily Chande Momentum Oscillator (CMO) ChartPT Bukalapak.com Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of PT Bukalapak.com. The current willr is -40.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Bukalapak is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
PT Bukalapak.com Daily Williams %R ChartPT Bukalapak.com Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of PT Bukalapak.com.

PT Bukalapak.com Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of PT Bukalapak.com. The current atr is 4.54935358.

PT Bukalapak.com Daily Average True Range (ATR) ChartPT Bukalapak.com Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of PT Bukalapak.com. The current obv is -1,756,200,300.

PT Bukalapak.com Daily On-Balance Volume (OBV) ChartPT Bukalapak.com Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of PT Bukalapak.com. The current mfi is 43.10.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
PT Bukalapak.com Daily Money Flow Index (MFI) ChartPT Bukalapak.com Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for PT Bukalapak.com.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-02-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-02-10STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-11ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-02-13STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-02-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-02-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-03-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-17STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-04-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-02STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-05STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-07STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-08MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-05-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-21STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-02MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-06-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-06-23STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-07-02MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-07-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-04STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-07-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-07-09STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-07-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.

6.3. Candlestick Patterns

PT Bukalapak.com Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of PT Bukalapak.com based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.018
Ma 20Greater thanMa 50128.700
Ma 50Greater thanMa 100136.100
Ma 100Greater thanMa 200136.210
OpenGreater thanClose125.000
Total1/5 (20.0%)
Penke
Good job! You gained 25 XP and 0   0   10 . What's next:
  • Share my analysis of Bukalapak with someone you think should read this too:
  • Are you bullish or bearish on Bukalapak? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Bukalapak? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about PT Bukalapak.com

I send you an email if I find something interesting about PT Bukalapak.com.


Comments

How you think about this?

Leave a comment

Stay informed about PT Bukalapak.com.

Receive notifications about PT Bukalapak.com in your mailbox!

3rd party ad coffee SUPPORTERis ad-free.