Indonesian Top Stock Picks from Analysts

GoTo Gojek Tokopedia

Market Cap: Rp67.6t

Provides and operates on-demand services in Indonesia and internationally.

Trimegah Bangun Persada

Market Cap: Rp44.2t

PT Trimegah Bangun Persada TBK engages in the nickel ore mining and processing business in China, Switzerland, Sweden, and Indonesia.

Indah Kiat Pulp & Paper

Market Cap: Rp35.2t

Engages in the manufacture of cultural paper, pulp, tissue, and industrial paper in Indonesia, Asia, the United States, Australia, the Middle East, Africa, and Europe.

Bangun Kosambi Sukses

Market Cap: Rp32.1t

Engages in the real estate business in Indonesia.

Medco Energi Internasional

Market Cap: Rp30.8t

Explores for and produces oil and gas in Indonesia, Asia, Africa, the Middle East, the United States of America, and Europe.

Sarana Menara Nusantara

Market Cap: Rp29.3t

Owns and operates telecommunication towers for wireless operators in Indonesia.

PT.MD Entertainment

Market Cap: Rp24.3t

Produces, trades in, and distributes films and videos in Indonesia.

Saratoga Investama Sedaya

Market Cap: Rp23.7t

A private equity and venture capital firm specializing in early stage, growth stage and special situations investments.

Ultrajaya Milk Industry & Trading

Market Cap: Rp13.7t

Operates in the food and beverage industry in Indonesia.

Sawit Sumbermas Sarana

Market Cap: Rp13.3t

Produces and sells crude palm oil, its derivatives, fresh fruit bunches, palm kernel oil, and palm kernel in Indonesia and internationally.

Multi Bintang Indonesia

Market Cap: Rp12.5t

Operates as a beverage company in Indonesia and internationally.

Nusantara Sejahtera Raya

Market Cap: Rp12.2t

Engages in the movie screening, restaurants; other management consulting activities; and venue rental; and organizing MICE activities and special events in Indonesia.

Rukun Raharja

Market Cap: Rp10.8t

Operates as an integrated energy provider in Indonesia.

Harum Energy

Market Cap: Rp10.7t

Through its subsidiaries, engages in the coal and minerals mining, and logistics and processing activities in Indonesia.

ESSA Industries Indonesia

Market Cap: Rp10.2t

Operates an ammonia plant in Indonesia.

Metrodata Electronics

Market Cap: Rp7.2t

Engages in the information and communication technology (ICT) business in Indonesia.

Summarecon Agung

Market Cap: Rp6.7t

PT Summarecon Agung Tbk constructs and develops real estate properties in Indonesia.

Lippo Karawaci

Market Cap: Rp6.2t

Provides property development services in Indonesia.

PT. Garuda Indonesia (Persero)

Market Cap: Rp5.6t

Operates as an airline company in Indonesia and internationally.

Asuransi Tugu Pratama Indonesia

Market Cap: Rp3.6t

Engages in the general insurance, reinsurance, and sharia insurance businesses in Indonesia.

PT. Media Nusantara Citra

Market Cap: Rp3.5t

Operates as an integrated media company that produces and distributes various content on television and other platforms in Indonesia.

Bank Neo Commerce

Market Cap: Rp3.2t

Provides digital banking products and services in Indonesia.

Adi Sarana Armada

Market Cap: Rp2.6t

Provides corporate car rental and transportation solutions, logistics, driver services, automotive auction, car sharing, online vehicle trading, and parcel delivery services in Indonesia.

Malindo Feedmill

Market Cap: Rp1.7t

Engages in the production of animal feed in Indonesia.

Bekasi Fajar Industrial Estate

Market Cap: Rp964.7b

PT Bekasi Fajar Industrial Estate Tbk opens, operates, and manages industrial and residential estates primarily in Indonesia.

WIR ASIA

Market Cap: Rp955.1b

Provides digital reality technology development services in Indonesia and internationally.

Autopedia Sukses Lestari

Market Cap: Rp892.2b

Engages in the auction of two and four-wheeled vehicles under the BidWin brand name in Indonesia.

Wijaya Karya Bangunan Gedung

Market Cap: Rp612.6b

Provides building construction services in Indonesia.