BUKA.JK

Sinker

PT 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.

30
Score
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Quality
42
Value
37
Momentum
41

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 →

P/E (TTM)
—
peers 9.3x
ROE
-2.6%
peers 7.1%
D/E
0.0x
peers 0.2x
Dividend %
—
trailing yield

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)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue3.6T4.4T4.5T6.5T21.6%7.5T7.5T6.2T-2.2%
EPS (IDR)19.25-13.24-15.0031.9118.3%-8.1327.5833.202.0%
Shares103.1B103.1B103.1B93.0B-9.8%91.8B———
Debt65.0B38.5B38.9B112.9B20.2%101.8B———
Equity26.5T25.3T23.7T25.3T-1.5%————
Op CF-631.7B40.7B331.2B302.4B172.7%336.0B———
Inv CF-6.0T-1.0T-4.4T6.1T—————
Fin CF-2.0T-33.0B-30.1B-1.6T—————
PRICE (1Y) · IDR+1.0%
94.098.31031071112 Oct23 Oct12 Nov
SMA 50SMA 200

Price checkStill fallingExperimental

Made a new 52-week low 7 trading days ago, 42% below its 52-week high. The fall has not stopped yet.

SwingsBumpy

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.

Close
IDR 106
RSI (14)
45.5
52-Week Range-42.4% from high
Low IDR 90High IDR 184

SCORE BREAKDOWN

Quality
42
ROIC
12.5%65.1
ROE
-2.6%15.8
GP/Assets
2.3%3.4
Op. Margin
-1.6%13.4
FCF/Assets
-6.8%8.0
Piotroski
654.7
Int. Cover
50.0x90.1
D/E Ratio
0.00x95.4
Current Ratio
34.78x99.8
Value
37
P/E (TTM)
—N/A
EV/EBITDA
3.7x25.0
P/FCF
—N/A
P/B
0.4x93.3
P/S
1.2x40.3
Div Yield
—N/A
Momentum
41
52W High %
58%26.0
RS 6M
-1%50.9
SMA 50/200
0.84x17.6
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
—81.0
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$555M
P/E (Forward)
22.4x
Gross Margin
8.1%

SECTOR PEERS

Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of BUKA.JK are excluded.

TickerCompanyMkt CapScore
BUKA.JKPT Bukalapak.com Tbk.(you)$555M30
BELI.JKPT Global Digital Niaga Tbk$2.1B4
FOLK.JKPT Multi Garam Utama Tbk$50M3
BIKE.JKPT Bhineka Inovasi Ketahanan Energi Tbk$369M32
NATO.JKPT Olympus Strategic Indonesia Tbk$352M31
MSJA.JKPT Multi Spunindo Jaya Tbk$216M31
FORE.JKPT Fore Kopi Indonesia Tbk$299M38
BUVA.JKPT Bukit Uluwatu Villa Tbk$583M2
POLU.JKPT Golden Flower Tbk$476M3
IMAS.JKPT Indomobil Sukses Internasional Tbk$175M22

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.

Request Deep Dive(50 Feathers)

PT Bukalapak.com Tbk. (BUKA.JK): Stock Score Summary

PT Bukalapak.com Tbk. (BUKA.JK) has a MoatMap Score of 30/100 based on Quality (42/100), Value (37/100), and Momentum (41/100) factor scores.

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.

Director dealings

From 1 Dec 2025 to 12 Nov 2026, MoatMap's records hold no sales and 1 purchase of PT Bukalapak.com Tbk. (BUKA.JK) shares by its directors. The largest: RD ADI WARDHANA SARIAATMADJA bought 635,000,000 shares at IDR 124 on 4 Sep 2026 (about IDR 78.7B).

BUKA.JK insider filings, last 180 days

Key Financial Metrics

PriceIDR 106
Market Cap$555M
P/E (Forward)22.35
Price/Book0.37
Return on Equity-2.6%
Return on Invested Capital12.5%
Debt/Equity0.00x
Gross Margin8.1%
Operating Margin-1.6%
Revenue Growth0.6%
Free Cash Flow$-98M

PT Bukalapak.com Tbk. operates in the Internet Retail industry, part of the Consumer Cyclical sector (Indonesia).

Frequently Asked Questions

What is PT Bukalapak.com Tbk.’s (BUKA.JK) MoatMap Score?
The MoatMap Score for PT Bukalapak.com Tbk. (BUKA.JK) is 30/100. It is a composite of Quality (42), Value (37), and Momentum (41), each scored against its sector. The composite is then ranked across MoatMap’s universe of 25,000+ stocks.
Does PT Bukalapak.com Tbk. have an economic moat?
PT Bukalapak.com Tbk. (BUKA.JK) has a Quality factor score of 42/100. Quality blends several measures of profitability and financial strength, led by gross profit to assets, return on invested capital and free cash flow to assets. A high score describes the financial record a durable advantage tends to leave; it does not prove a moat.
What sector is PT Bukalapak.com Tbk. in?
PT Bukalapak.com Tbk. (BUKA.JK) operates in the Consumer Cyclical sector, specifically the Internet Retail industry (Indonesia).