Key insights and market outlook
PT Aspirasi Hidup Indonesia Tbk (ACES) is viewed as having attractive growth prospects in 2026, driven by strategic expansion into second and third-tier cities and domestic consumption recovery. Kiwoom Sekuritas analyst Abdul Azis believes the company's rebranding and selective expansion strategy will be key growth drivers. The move into lower-tier cities offers new growth opportunities with relatively lower competition. ACES maintains its prospects despite intense competition in the modern retail sector.
PT Aspirasi Hidup Indonesia Tbk (ACES) is entering 2026 with promising growth prospects despite the competitive retail landscape. The company's strategy of expanding into second and third-tier cities is creating new growth opportunities where competition is relatively lower. This selective expansion approach is supported by strengthening penetration in these emerging markets.
According to Abdul Azis Setyo Wibowo from Kiwoom Sekuritas Indonesia, the company's rebranding efforts and strategic expansion form the foundation for medium-term growth. The analyst maintains a positive outlook on ACES for 2026, highlighting that these initiatives will help the company navigate the competitive modern retail sector.
The potential recovery in domestic consumption is another significant factor supporting ACES' growth prospects. As consumer spending power improves, companies like ACES are well-positioned to benefit from increased demand in both existing and new markets. This consumption recovery, combined with strategic expansion, creates a favorable environment for ACES to achieve its growth targets.
Strategic Expansion Announcement
Rebranding Initiative
Consumption Recovery Impact