BUKA.JK
SinkerPT Bukalapak.com Tbk. · Consumer Cyclical · Indonesia · $555M cap · $685K/day traded
IDR 106 +2.9% · close 12 Nov · scored 13 Nov
Score up 1.4 since 12 Nov.
Sinker: Weak business, rich price and weak momentum. Nothing here to keep it afloat.
As of 13 Nov 2026, the MoatMap Score for PT Bukalapak.com Tbk. (BUKA.JK) is 30/100, ranked against 25,000+ stocks in 38 markets (Quality 42, Value 37, Momentum 41, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT PT BUKALAPAK.COM TBK.
Read
PT Bukalapak.com Tbk. operates as an all-commerce platform for various products in Indonesia. It operates through five segments: Gaming, Online to Offline, Retail, Investment, and Corporate.
FINANCIAL SUMMARY (IDR)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.6T | 4.4T | 4.5T | 6.5T | 21.6% | 7.5T | 7.5T | 6.2T | -2.2% |
| EPS (IDR) | 19.25 | -13.24 | -15.00 | 31.91 | 18.3% | -8.13 | 27.58 | 33.20 | 2.0% |
| Shares | 103.1B | 103.1B | 103.1B | 93.0B | -9.8% | 91.8B | — | — | — |
| Debt | 65.0B | 38.5B | 38.9B | 112.9B | 20.2% | 101.8B | — | — | — |
| Equity | 26.5T | 25.3T | 23.7T | 25.3T | -1.5% | — | — | — | — |
| Op CF | -631.7B | 40.7B | 331.2B | 302.4B | 172.7% | 336.0B | — | — | — |
| Inv CF | -6.0T | -1.0T | -4.4T | 6.1T | — | — | — | — | — |
| Fin CF | -2.0T | -33.0B | -30.1B | -1.6T | — | — | — | — | — |
Made a new 52-week low 7 trading days ago, 42% below its 52-week high. The fall has not stopped yet.
Swung more than 51% of stocks we rank over the past year (volatility 43% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling (this stock): It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of BUKA.JK are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| BUKA.JK | PT Bukalapak.com Tbk.(you) | $555M | 30 |
| BELI.JK | PT Global Digital Niaga Tbk | $2.1B | 4 |
| FOLK.JK | PT Multi Garam Utama Tbk | $50M | 3 |
| BIKE.JK | PT Bhineka Inovasi Ketahanan Energi Tbk | $369M | 32 |
| NATO.JK | PT Olympus Strategic Indonesia Tbk | $352M | 31 |
| MSJA.JK | PT Multi Spunindo Jaya Tbk | $216M | 31 |
| FORE.JK | PT Fore Kopi Indonesia Tbk | $299M | 38 |
| BUVA.JK | PT Bukit Uluwatu Villa Tbk | $583M | 2 |
| POLU.JK | PT Golden Flower Tbk | $476M | 3 |
| IMAS.JK | PT Indomobil Sukses Internasional Tbk | $175M | 22 |
Peer medians: ROE 7.1% · P/E 9.3x · Gross margin 23.9%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.