Indonesian Strong Past Earnings Growth, P/E Ratio Below 20

Trimegah Bangun Persada

Market Cap: Rp69.0t

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

Bank Pan Indonesia

Market Cap: Rp24.7t

Engages in providing banking products and services for individuals and businesses in Indonesia and internationally.

Dharma Satya Nusantara

Market Cap: Rp17.8t

Operates in the palm oil and wood product business in Indonesia.

Ciputra Development

Market Cap: Rp16.3t

Develops and sells real estate properties in Indonesia.

Bank Maybank Indonesia

Market Cap: Rp15.5t

Provides various banking products and services in Indonesia and internationally.

Astra Agro Lestari

Market Cap: Rp15.0t

Engages in the crude palm oil and related derivatives business in Indonesia.

Sinar Mas Agro Resources and Technology

Market Cap: Rp14.6t

Engages in the producing and harvesting of oil palm trees in Indonesia.

MNC Tourism Indonesia

Market Cap: Rp14.0t

PT MNC Tourism Indonesia Tbk, together with its subsidiaries, rents office spaces and provides property management services in Indonesia.

Bank BTPN Syariah

Market Cap: Rp10.5t

Provides various banking products and services in Indonesia.

Akasha Wira International

Market Cap: Rp8.7t

Engages in the manufacture and distribution of bottled drinking water, soy milk, and cosmetic products in Indonesia and internationally.

Panin Financial

Market Cap: Rp7.6t

Provides Sharia banking and financial services in Indonesia.

Diamond Food Indonesia

Market Cap: Rp5.9t

Manufactures and distributes food and beverage products in Indonesia and internationally.

Cahaya Aero Services

Market Cap: Rp5.8t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Jayamas Medica Industri

Market Cap: Rp5.4t

Manufactures and sells medical devices in Indonesia, the United States of America, and South America.

Bank Amar Indonesia

Market Cap: Rp4.3t

Provides banking products and services in Indonesia.

Roda Vivatex

Market Cap: Rp3.3t

Through its subsidiaries, engages in the rental of office spaces in Indonesia.

Surya Toto Indonesia

Market Cap: Rp3.0t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Wismilak Inti Makmur

Market Cap: Rp3.0t

Manufactures and sells cigarettes in Indonesia and internationally.

Bank Ganesha

Market Cap: Rp2.7t

Provides various general banking products and services for individuals and businesses in Indonesia.

Jasuindo Tiga Perkasa

Market Cap: Rp2.6t

Operates in the security printing industry in Indonesia.

Indonesia Fibreboard Industry

Market Cap: Rp2.2t

Engages in the wood processing industry in Indonesia, Japan, the Middle East, and internationally.

Indonesia Kendaraan Terminal

Market Cap: Rp2.2t

Engages in the cargo loading-unloading and stacking yard business activities.

Sat Nusapersada

Market Cap: Rp2.0t

Provides electronic manufacturing services in Indonesia, Japan, Singapore, Taiwan, Hong Kong, Malaysia, France, and Italy.

Industri dan Perdagangan Bintraco Dharma

Market Cap: Rp2.0t

Engages in the automotive business in Indonesia.

Astra Graphia

Market Cap: Rp1.7t

Engages in trading, industrial, consulting, office equipment and supplies contractor services, information technology, telecommunications, and investment businesses.

Asuransi Bina Dana Arta

Market Cap: Rp1.7t

Operates as a general insurance company in Indonesia.

Trimitra Trans Persada

Market Cap: Rp1.6t

Engages in providing motorized transportation for public vehicles.

Soechi Lines

Market Cap: Rp1.5t

Provides shipping and shipyard services in Indonesia.

Jakarta International Hotels & Development

Market Cap: Rp1.4t

Engages in the hotel and property businesses in Indonesia.

Merck

Market Cap: Rp1.4t

Engages in the manufacture and sale of pharmaceutical products in Indonesia and internationally.

Sekar Laut

Market Cap: Rp1.3t

Engages in the production and sale of crackers, tomato ketchup, chili sauce, and ready to use seasoning products under the Finna brand in Indonesia.

PT. Penta Valent

Market Cap: Rp909.3b

Distributes pharmaceutical products, medical equipment, and consumer products in Indonesia.

Sumi Indo Kabel

Market Cap: Rp661.0b

Manufactures and sells cables and electrical equipment in Indonesia.

Trisula International

Market Cap: Rp608.4b

Designs and manufactures garments in Indonesia.

Toba Surimi Industries

Market Cap: Rp553.8b

Engages in the seafood processing business in Indonesia.

Adiwarna Anugerah Abadi

Market Cap: Rp399.3b

Designs, supplies, and installs fire protection systems in Indonesia.