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Indonesian (IDX) Market Analysis & Valuation

UpdatedMay 31, 2023
DataAggregated Company Financials
Companies783
  • 7D-1.5%
  • 3M-2.2%
  • 1Y-4.6%
  • YTD-3.2%

Over the last 7 days, the market has dropped 1.5%, driven by a loss of 11% in the Energy sector. As for last year, the market is also down 4.6%. Earnings are forecast to grow by 14% annually.

Market Valuation and Performance

Has the Indonesian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 31 May 2023Rp9297.0tRp4893.9tRp605.9t15.8x15.3x1.9x
Fri, 28 Apr 2023Rp9728.2tRp4813.9tRp614.1t15.7x15.8x2x
Sun, 26 Mar 2023Rp9228.7tRp4749.6tRp625.6t14x14.8x1.9x
Tue, 21 Feb 2023Rp9327.9tRp4676.3tRp628.6t14.4x14.8x2x
Thu, 19 Jan 2023Rp9122.0tRp4626.5tRp621.0t14x14.7x2x
Sat, 17 Dec 2022Rp9162.5tRp4658.8tRp631.8t14.3x14.5x2x
Mon, 14 Nov 2022Rp9287.3tRp4558.5tRp604.2t15x15.4x2x
Wed, 12 Oct 2022Rp8983.4tRp4366.6tRp571.3t16.1x15.7x2.1x
Fri, 09 Sep 2022Rp9250.2tRp4315.7tRp560.2t16.7x16.5x2.1x
Sun, 07 Aug 2022Rp9093.7tRp4206.5tRp558.0t15.9x16.3x2.2x
Tue, 05 Jul 2022Rp8534.7tRp4066.2tRp522.5t15.6x16.3x2.1x
Thu, 02 Jun 2022Rp9253.2tRp3979.8tRp513.6t19.1x18x2.3x
Sat, 30 Apr 2022Rp9382.0tRp3843.7tRp449.6t19.5x20.9x2.4x
Mon, 28 Mar 2022Rp8588.8tRp3698.6tRp420.9t20.5x20.4x2.3x
Wed, 23 Feb 2022Rp8434.4tRp3606.6tRp382.9t20.1x22x2.3x
Fri, 21 Jan 2022Rp8111.6tRp3545.8tRp359.3t20.9x22.6x2.3x
Sun, 19 Dec 2021Rp8072.7tRp3509.9tRp357.6t21.1x22.6x2.3x
Tue, 16 Nov 2021Rp8000.0tRp3446.1tRp327.0t21.1x24.5x2.3x
Thu, 14 Oct 2021Rp7766.8tRp3329.5tRp296.1t20.9x26.2x2.3x
Sat, 11 Sep 2021Rp7246.5tRp3319.0tRp288.7t21x25.1x2.2x
Mon, 09 Aug 2021Rp7310.7tRp3320.0tRp290.2t20.8x25.2x2.2x
Sun, 02 May 2021Rp6992.0tRp3133.2tRp238.3t22.1x29.3x2.2x
Wed, 03 Feb 2021Rp6826.0tRp3059.9tRp212.4t25x32.1x2.2x
Sat, 07 Nov 2020Rp8170.3tRp3198.7tRp245.2t20.7x33.3x2.6x
Fri, 31 Jul 2020Rp5907.1tRp3325.3tRp289.0t19.1x20.4x1.8x
Price to Earnings Ratio

169.3x


Total Market Cap: Rp55511.1tTotal Earnings: Rp327.8tTotal Revenue: Rp3575.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Market Price to Earnings3Y Average 27.7x202120222023
Current Market PE
  • Investors are pessimistic on the Indonesian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 15.3x which is lower than its 3-year average PE of 27.7x.
Past Earnings Growth
  • The earnings for Indonesian listed companies have grown 23% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Indonesian Market?

ID Market-1.52%
Utilities6.00%
Telecom2.01%
Financials0.27%
Tech-0.18%
Real Estate-0.30%
Materials-1.13%
Consumer Staples-1.19%
Healthcare-1.71%
Industrials-1.81%
Consumer Discretionary-2.95%
Energy-10.71%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 57.6x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings growth rate of 28% per year.
  • In contrast, the Energy sector is expected to see its earnings decline by 13% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
BBCA Bank Central AsiaRp9.25k1.4%
+Rp15.4t
19.4%PB5.4xFinancials
TLKM Perusahaan Perseroan (Persero) PT Telekomunikasi IndonesiaRp4.12k2.0%
+Rp7.9t
-4.4%PE19.4xTelecom
PANI Pratama Abadi Nusa IndustriRp1.72k39.3%
+Rp6.6t
-66.4%PE168.4xMaterials
FILM MD PicturesRp2.52k30.6%
+Rp5.6t
50.9%PE157.5xTelecom
ISAT Indosat Ooredoo HutchisonRp8.20k7.2%
+Rp4.4t
54.0%PE12xTelecom
See more
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Market Insights

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Latest News

BYAN

Rp16,075.00

Bayan Resources

7D

-15.8%

1Y

198.9%

BUMI

Rp100.00

Bumi Resources

7D

-13.8%

1Y

72.4%

MASA

Rp3,990.00

Multistrada Arah Sarana

7D

-19.7%

1Y

32.6%

NCKL

Rp775.00

Trimegah Bangun Persada

7D

-18.0%

1Y

n/a

ISAT

Rp8,200.00

Indosat Ooredoo Hutchison

7D

7.2%

1Y

54.0%

ADRO

Rp2,110.00

Adaro Energy Indonesia

7D

-7.9%

1Y

-35.5%

UNTR

Rp22,500.00

United Tractors

7D

-8.2%

1Y

-28.1%

PANI

Rp1,720.00

Pratama Abadi Nusa Industri

7D

39.3%

1Y

-66.4%

FILM

Rp2,520.00

MD Pictures

7D

30.6%

1Y

50.9%

TLKM

Rp4,120.00

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

7D

2.0%

1Y

-4.4%

TPIA

Rp2,150.00

PT. Chandra Asri Petrochemical

7D

2.4%

1Y

-15.9%

UNVR

Rp4,540.00

Unilever Indonesia

7D

2.0%

1Y

-4.0%

BBCA

Rp9,250.00

Bank Central Asia

7D

1.4%

1Y

19.4%

AMRT

Rp2,670.00

Sumber Alfaria Trijaya

7D

-6.6%

1Y

46.7%

TBIG

Rp2,110.00

Tower Bersama Infrastructure

7D

8.5%

1Y

-28.5%