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Indonesian (IDX) Market Analysis & Valuation
UpdatedApr 13, 2025
DataAggregated Company Financials
Companies858
- 7D-3.9%
- 3M-14.5%
- 1Y-12.4%
- YTD-15.0%
Over the last 7 days, the market has dropped 3.9%, driven by losses in every sector, especially the Financials sector. As for last year, the market is also down 12%. Earnings are forecast to grow by 22% 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 |
|---|---|---|---|---|---|---|
| Sun, 13 Apr 2025 | Rp10500.6t | Rp5196.6t | Rp635.1t | 13.9x | 16.5x | 2x |
| Tue, 11 Mar 2025 | Rp11232.7t | Rp5136.7t | Rp551.7t | 14.3x | 20.4x | 2.2x |
| Thu, 06 Feb 2025 | Rp12032.5t | Rp5165.1t | Rp577.6t | 14.7x | 20.8x | 2.3x |
| Sat, 04 Jan 2025 | Rp12212.4t | Rp5176.1t | Rp573.3t | 14.7x | 21.3x | 2.4x |
| Mon, 02 Dec 2024 | Rp11765.3t | Rp5064.5t | Rp549.1t | 14.4x | 21.4x | 2.3x |
| Wed, 30 Oct 2024 | Rp12546.3t | Rp4984.1t | Rp530.8t | 15.9x | 23.6x | 2.5x |
| Fri, 27 Sep 2024 | Rp12750.8t | Rp4946.4t | Rp524.4t | 16x | 24.3x | 2.6x |
| Sun, 25 Aug 2024 | Rp12624.7t | Rp4968.5t | Rp503.1t | 15.2x | 25.1x | 2.5x |
| Tue, 23 Jul 2024 | Rp12218.1t | Rp4965.2t | Rp494.8t | 15.1x | 24.7x | 2.5x |
| Thu, 20 Jun 2024 | Rp11378.4t | Rp5004.9t | Rp501.6t | 13.8x | 22.7x | 2.3x |
| Sat, 18 May 2024 | Rp12174.8t | Rp4980.3t | Rp505.4t | 14.4x | 24.1x | 2.4x |
| Mon, 15 Apr 2024 | Rp11692.2t | Rp4932.7t | Rp520.1t | 15.3x | 22.5x | 2.4x |
| Wed, 13 Mar 2024 | Rp11673.2t | Rp4890.9t | Rp591.1t | 14.4x | 19.7x | 2.4x |
| Fri, 09 Feb 2024 | Rp11341.7t | Rp4918.4t | Rp596.9t | 14.8x | 19x | 2.3x |
| Sun, 07 Jan 2024 | Rp11643.9t | Rp4932.6t | Rp582.3t | 15x | 20x | 2.4x |
| Tue, 05 Dec 2023 | Rp10986.1t | Rp4915.1t | Rp586.4t | 15x | 18.7x | 2.2x |
| Thu, 02 Nov 2023 | Rp10429.5t | Rp5046.2t | Rp617.1t | 14.7x | 16.9x | 2.1x |
| Sat, 30 Sep 2023 | Rp10159.3t | Rp4979.9t | Rp617.7t | 16.1x | 16.4x | 2x |
| Mon, 28 Aug 2023 | Rp10034.4t | Rp4977.9t | Rp620.0t | 15.9x | 16.2x | 2x |
| Wed, 26 Jul 2023 | Rp9859.6t | Rp4968.7t | Rp626.2t | 16.4x | 15.7x | 2x |
| Fri, 23 Jun 2023 | Rp9390.1t | Rp4897.8t | Rp604.2t | 15.6x | 15.5x | 1.9x |
| Sun, 21 May 2023 | Rp9375.7t | Rp4890.8t | Rp604.7t | 16x | 15.5x | 1.9x |
| Tue, 18 Apr 2023 | Rp9433.2t | Rp4784.3t | Rp607.7t | 15x | 15.5x | 2x |
| Thu, 16 Mar 2023 | Rp9044.8t | Rp4747.8t | Rp626.0t | 14x | 14.4x | 1.9x |
| Sat, 11 Feb 2023 | Rp9316.3t | Rp4690.9t | Rp629.5t | 14.4x | 14.8x | 2x |
| Mon, 09 Jan 2023 | Rp9061.8t | Rp4666.0t | Rp628.1t | 14.1x | 14.4x | 1.9x |
| Wed, 07 Dec 2022 | Rp9247.4t | Rp4631.9t | Rp628.0t | 14.4x | 14.7x | 2x |
| Fri, 04 Nov 2022 | Rp9142.5t | Rp4511.7t | Rp610.2t | 15.5x | 15x | 2x |
| Sun, 02 Oct 2022 | Rp9074.5t | Rp4359.9t | Rp570.0t | 16.4x | 15.9x | 2.1x |
| Tue, 30 Aug 2022 | Rp9090.2t | Rp4228.0t | Rp541.3t | 15.7x | 16.8x | 2.2x |
| Thu, 28 Jul 2022 | Rp8877.8t | Rp4097.9t | Rp526.5t | 15.9x | 16.9x | 2.2x |
| Sat, 25 Jun 2022 | Rp8921.1t | Rp4052.6t | Rp519.5t | 16.2x | 17.2x | 2.2x |
| Mon, 23 May 2022 | Rp8997.6t | Rp3966.2t | Rp503.8t | 18.5x | 17.9x | 2.3x |
| Wed, 20 Apr 2022 | Rp9228.1t | Rp3820.0t | Rp438.4t | 20.2x | 21x | 2.4x |
Price to Earnings Ratio
21x
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 16.5x which is lower than its 3-year average PE of 18.6x.
Past Earnings Growth
- The earnings for Indonesian listed companies have grown 13% 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 | -3.94% | |
| Healthcare | -1.50% | |
| Consumer Staples | -1.92% | |
| Energy | -2.44% | |
| Telecom | -3.68% | |
| Financials | -3.79% | |
| Industrials | -4.18% | |
| Real Estate | -4.22% | |
| Materials | -4.25% | |
| Consumer Discretionary | -4.86% | |
| Utilities | -5.63% | |
| Tech | -9.73% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 78.1x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 8.4% which is higher than its past year's earnings decline of 8.3% per year.
- The Real Estate sector is the least preferred by investors for future growth, which is trading below its 3-year average of 17.8x.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 69% over the next 5 years.
- This is better than its past earnings growth rate of 6.5% per year.
- In contrast, the Real Estate sector is expected to see its earnings decline by 8.3% 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 | |
|---|---|---|---|---|---|---|
| AMRT Sumber Alfaria Trijaya | Rp2.21k | 7.8% +Rp6.6t | -23.3% | PE29.2x | Consumer Staples | |
| BBNI Bank Negara Indonesia (Persero) | Rp4.39k | 3.5% +Rp5.6t | -17.2% | PB1x | Financials | |
| BRMS Bumi Resources Minerals | Rp348.00 | 4.8% +Rp2.3t | 117.5% | PE120.4x | Materials | |
| KLBF Kalbe Farma | Rp1.18k | 4.0% +Rp2.1t | -20.3% | PE16.7x | Healthcare | |
| PTBA Bukitm | Rp2.68k | 6.3% +Rp1.8t | -8.5% | PE6x | Energy |
