Indonesian Low Leverage High Rewards

Tigaraksa Satria

Market Cap: Rp4.6t

Engages in the trade and distribution of various consumer products in Indonesia.

Selamat Sempurna

Market Cap: Rp9.9t

Manufactures and sells tools or equipment for vehicles, heavy equipment, and other machinery in Indonesia and internationally.

Enseval Putera Megatrading

Market Cap: Rp6.3t

Engages in the distribution and supply of pharmaceutical products, consumer products, medical equipment, cosmetics, and other products in Indonesia.

Darya-Varia Laboratoria

Market Cap: Rp1.9t

Manufactures and trades pharmaceutical products and cosmetics in Indonesia.

Kalbe Farma

Market Cap: Rp54.4t

Develops, manufactures, and trades in pharmaceutical products in Indonesia.

Arwana Citramulia

Market Cap: Rp3.8t

Manufactures and distributes ceramic tiles in Indonesia.

Asuransi Dayin Mitra

Market Cap: Rp228.5b

Provides general insurance products and services in Indonesia.

Kabelindo Murni

Market Cap: Rp376.3b

Manufactures and trades in telecommunication and electrical cables in Indonesia.

Bank Central Asia

Market Cap: Rp992.1t

Provides banking products and other financial services to individual, corporate, and small and medium enterprise customers in Indonesia and internationally.

United Tractors

Market Cap: Rp108.2t

Provides coal mining services in Indonesia.

AKR Corporindo

Market Cap: Rp24.4t

A logistics and supply chain company, engages in distribution and trading of petroleum and basic chemical products in Indonesia.

Panorama Sentrawisata

Market Cap: Rp915.8b

Engages in the tourism business in Indonesia and internationally.

Perusahaan Perkebunan London Sumatra Indonesia

Market Cap: Rp7.8t

Engages in the plantation business in Indonesia and internationally.

Multi Bintang Indonesia

Market Cap: Rp11.8t

Operates as a beverage company in Indonesia and internationally.

Perusahaan Gas Negara

Market Cap: Rp45.1t

Engages in the transmission and distribution of natural gas in Indonesia.

Aspirasi Hidup Indonesia

Market Cap: Rp7.1t

Engages in the retail of home improvement products in Indonesia.

Astra International

Market Cap: Rp264.2t

Operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally.

Multifiling Mitra Indonesia

Market Cap: Rp984.9b

Provides integrated storage and record management services in Indonesia.

Elnusa

Market Cap: Rp3.6t

Provides oil and gas services in Indonesia.

Citra Tubindo

Market Cap: Rp4.8t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Surya Toto Indonesia

Market Cap: Rp2.8t

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp337.8t

Provides information and communications technology, and telecommunications network services worldwide.

Bank CIMB Niaga

Market Cap: Rp44.1t

Provides various banking products and services in Indonesia and internationally.

Bank Danamon Indonesia

Market Cap: Rp23.9t

Provides banking services for retail, small and medium enterprises (SMEs), and corporate customers in Indonesia.

Betonjaya Manunggal

Market Cap: Rp272.2b

Engages in the manufacturing and sale of round bars in Indonesia.

Ateliers Mecaniques D'Indonesie

Market Cap: Rp263.5b

Designs, manufactures, and erects boilers in Indonesia, Cameroon, the Republic of Cote D'Ivoire, Papua New Guinea, Nigeria, Liberia, Malaysia, and Sao Tome and Principe.

Ekadharma International

Market Cap: Rp653.4b

Engages in manufacturing and sale of self adhesive tapes and related supplementary materials in Indonesia and Malaysia.

Salim Ivomas Pratama

Market Cap: Rp8.8t

Produces and sells edible oils and fats in Indonesia, China, Singapore, Timor Leste, Nigeria, Haiti, Germany, the Philippines, Papua New Guinea, and internationally.

Blue Bird

Market Cap: Rp4.2t

Provides taxi transportation services in Indonesia.

Prodia Widyahusada

Market Cap: Rp2.1t

Provides clinical laboratory services primarily in Indonesia.

Pakuwon Jati

Market Cap: Rp16.6t

Operates as a real estate developer in Indonesia.

Chitose Internasional

Market Cap: Rp192.0b

Manufactures and sells furniture products for hotels, restaurants, offices, schools, hospitals, and homes in Indonesia.

Astra Otoparts

Market Cap: Rp12.4t

Manufactures, sells, distributes, and exports spare parts for two-wheelers and four-wheelers in Indonesia, the Rest of Asia, the Middle East, the United States, Europe, and Africa.

Nusantara Sejahtera Raya

Market Cap: Rp9.6t

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

Charoen Pokphand Indonesia

Market Cap: Rp76.1t

Produces and sells poultry feed, broiler, food products, and day-old chicks (DOC) in Indonesia and internationally.

Ciputra Development

Market Cap: Rp16.3t

Develops and sells real estate properties in Indonesia.