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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 31 May 2023 | Rp9297.0t | Rp4893.9t | Rp605.9t | 15.8x | 15.3x | 1.9x |
| Fri, 28 Apr 2023 | Rp9728.2t | Rp4813.9t | Rp614.1t | 15.7x | 15.8x | 2x |
| Sun, 26 Mar 2023 | Rp9228.7t | Rp4749.6t | Rp625.6t | 14x | 14.8x | 1.9x |
| Tue, 21 Feb 2023 | Rp9327.9t | Rp4676.3t | Rp628.6t | 14.4x | 14.8x | 2x |
| Thu, 19 Jan 2023 | Rp9122.0t | Rp4626.5t | Rp621.0t | 14x | 14.7x | 2x |
| Sat, 17 Dec 2022 | Rp9162.5t | Rp4658.8t | Rp631.8t | 14.3x | 14.5x | 2x |
| Mon, 14 Nov 2022 | Rp9287.3t | Rp4558.5t | Rp604.2t | 15x | 15.4x | 2x |
| Wed, 12 Oct 2022 | Rp8983.4t | Rp4366.6t | Rp571.3t | 16.1x | 15.7x | 2.1x |
| Fri, 09 Sep 2022 | Rp9250.2t | Rp4315.7t | Rp560.2t | 16.7x | 16.5x | 2.1x |
| Sun, 07 Aug 2022 | Rp9093.7t | Rp4206.5t | Rp558.0t | 15.9x | 16.3x | 2.2x |
| Tue, 05 Jul 2022 | Rp8534.7t | Rp4066.2t | Rp522.5t | 15.6x | 16.3x | 2.1x |
| Thu, 02 Jun 2022 | Rp9253.2t | Rp3979.8t | Rp513.6t | 19.1x | 18x | 2.3x |
| Sat, 30 Apr 2022 | Rp9382.0t | Rp3843.7t | Rp449.6t | 19.5x | 20.9x | 2.4x |
| Mon, 28 Mar 2022 | Rp8588.8t | Rp3698.6t | Rp420.9t | 20.5x | 20.4x | 2.3x |
| Wed, 23 Feb 2022 | Rp8434.4t | Rp3606.6t | Rp382.9t | 20.1x | 22x | 2.3x |
| Fri, 21 Jan 2022 | Rp8111.6t | Rp3545.8t | Rp359.3t | 20.9x | 22.6x | 2.3x |
| Sun, 19 Dec 2021 | Rp8072.7t | Rp3509.9t | Rp357.6t | 21.1x | 22.6x | 2.3x |
| Tue, 16 Nov 2021 | Rp8000.0t | Rp3446.1t | Rp327.0t | 21.1x | 24.5x | 2.3x |
| Thu, 14 Oct 2021 | Rp7766.8t | Rp3329.5t | Rp296.1t | 20.9x | 26.2x | 2.3x |
| Sat, 11 Sep 2021 | Rp7246.5t | Rp3319.0t | Rp288.7t | 21x | 25.1x | 2.2x |
| Mon, 09 Aug 2021 | Rp7310.7t | Rp3320.0t | Rp290.2t | 20.8x | 25.2x | 2.2x |
| Sun, 02 May 2021 | Rp6992.0t | Rp3133.2t | Rp238.3t | 22.1x | 29.3x | 2.2x |
| Wed, 03 Feb 2021 | Rp6826.0t | Rp3059.9t | Rp212.4t | 25x | 32.1x | 2.2x |
| Sat, 07 Nov 2020 | Rp8170.3t | Rp3198.7t | Rp245.2t | 20.7x | 33.3x | 2.6x |
| Fri, 31 Jul 2020 | Rp5907.1t | Rp3325.3t | Rp289.0t | 19.1x | 20.4x | 1.8x |
Price to Earnings Ratio
169.3x
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% | |
| Utilities | 6.00% | |
| Telecom | 2.01% | |
| Financials | 0.27% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| BBCA Bank Central Asia | Rp9.25k | 1.4% +Rp15.4t | 19.4% | PB5.4x | Financials | |
| TLKM Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia | Rp4.12k | 2.0% +Rp7.9t | -4.4% | PE19.4x | Telecom | |
| PANI Pratama Abadi Nusa Industri | Rp1.72k | 39.3% +Rp6.6t | -66.4% | PE168.4x | Materials | |
| FILM MD Pictures | Rp2.52k | 30.6% +Rp5.6t | 50.9% | PE157.5x | Telecom | |
| ISAT Indosat Ooredoo Hutchison | Rp8.20k | 7.2% +Rp4.4t | 54.0% | PE12x | Telecom |
Market Insights
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