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Indonesian (IDX) Luxury Industry Analysis

UpdatedMay 28, 2026
DataAggregated Company Financials
Companies16
  • 7D-3.3%
  • 3M-33.8%
  • 1Y93.0%
  • YTD-22.4%

Over the last 7 days, the Luxury industry has dropped 4.0%, driven by a pullback from Golden Flower of 19%. On the other hand Hartadinata Abadi is actually up 8.7%. In the past year, the industry has gained 93%. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

Has the Indonesian Luxury Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 May 2026Rp32.7tRp88.2t-Rp398,315,131,646.0018.2x-82.2x0.4x
Sat, 25 Apr 2026Rp42.0tRp73.8tRp1.0t23x40.2x0.6x
Mon, 23 Mar 2026Rp37.2tRp58.4tRp2.3t20.7x16.1x0.6x
Wed, 18 Feb 2026Rp45.7tRp58.3tRp2.3t26.9x20x0.8x
Fri, 16 Jan 2026Rp51.7tRp58.4tRp2.3t23.1x22.8x0.9x
Sun, 14 Dec 2025Rp38.0tRp58.1tRp2.2t20x16.9x0.7x
Tue, 11 Nov 2025Rp38.7tRp58.1tRp2.2t18.8x17.2x0.7x
Thu, 09 Oct 2025Rp36.9tRp53.4tRp2.0t13.5x18x0.7x
Sat, 06 Sep 2025Rp23.8tRp53.1tRp2.0t12.4x11.7x0.4x
Mon, 04 Aug 2025Rp17.2tRp53.3tRp2.0t12x8.5x0.3x
Wed, 02 Jul 2025Rp12.6tRp46.9t-Rp5,336,897,127,967.0015.4x-2.4x0.3x
Fri, 30 May 2025Rp19.4tRp47.1t-Rp5,354,134,276,448.0015.6x-3.6x0.4x
Sun, 27 Apr 2025Rp18.7tRp43.6tRp328.4b18.3x56.9x0.4x
Tue, 25 Mar 2025Rp15.5tRp41.8tRp203.2b18.1x76.2x0.4x
Thu, 20 Feb 2025Rp14.4tRp40.9tRp147.2b18.8x97.7x0.4x
Sat, 18 Jan 2025Rp14.8tRp50.3tRp109.3b19x135.3x0.3x
Mon, 16 Dec 2024Rp15.5tRp49.6tRp47.2b16.9x329x0.3x
Wed, 13 Nov 2024Rp16.1tRp49.2tRp49.8b18.3x323.5x0.3x
Fri, 11 Oct 2024Rp15.5tRp45.9t-Rp191,395,717,117.0024.7x-80.8x0.3x
Sun, 08 Sep 2024Rp17.6tRp45.9t-Rp671,050,086,919.0028.5x-26.3x0.4x
Tue, 06 Aug 2024Rp13.9tRp47.4t-Rp707,432,534,958.0025.5x-19.7x0.3x
Thu, 04 Jul 2024Rp14.8tRp48.5t-Rp730,394,572,676.0016.9x-20.2x0.3x
Sat, 01 Jun 2024Rp15.1tRp48.4t-Rp750,717,048,400.0014.9x-20.1x0.3x
Mon, 29 Apr 2024Rp15.3tRp46.7t-Rp538,379,737,414.0013.5x-28.5x0.3x
Wed, 27 Mar 2024Rp16.7tRp44.9t-Rp720,064,023,408.0017.5x-23.2x0.4x
Fri, 23 Feb 2024Rp17.4tRp44.4t-Rp811,533,684,354.0019.4x-21.4x0.4x
Sun, 21 Jan 2024Rp17.2tRp44.5t-Rp812,787,710,383.0021.1x-21.1x0.4x
Tue, 19 Dec 2023Rp14.9tRp43.1t-Rp862,638,902,765.0017.3x-17.2x0.3x
Thu, 16 Nov 2023Rp15.6tRp43.7t-Rp557,558,320,182.0021.8x-28x0.4x
Sat, 14 Oct 2023Rp13.0tRp43.6t-Rp207,572,636,246.0015.8x-62.6x0.3x
Mon, 11 Sep 2023Rp13.4tRp43.0t-Rp190,920,843,682.0016.3x-70x0.3x
Wed, 09 Aug 2023Rp13.5tRp42.7t-Rp188,781,320,071.0015.8x-71.6x0.3x
Fri, 07 Jul 2023Rp13.5tRp41.6tRp242.3b40.8x55.9x0.3x
Sun, 04 Jun 2023Rp13.2tRp41.2tRp224.6b60x58.6x0.3x
Price to Earnings Ratio

58.6x


Total Market Cap: Rp13.2tTotal Earnings: Rp224.6bTotal Revenue: Rp41.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Luxury Industry Price to Earnings3Y Average 20.7x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Luxury industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading close to its 3-year average PS ratio of 0.42x.
Past Earnings Growth
  • Total earnings for the Luxury industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 29% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Indonesian Consumer Discretionary industry?

ID Market-3.10%
Consumer Discretionary-2.54%
Luxury-3.33%
Footwear0%0
Textiles-0.41%
Apparel, Accessories and Luxury Goods-4.87%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Apparel, Accessories and Luxury Goods industry, expecting annual earnings growth of 19% over the next 5 years.
    • This is better than its past earnings growth rate of 2.3% per year.
    • In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 19% per year over the next few years.

    Top Stock Gainers and Losers

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

    CompanyLast Price7D1YValuation
    		HRTA Hartadinata AbadiRp2.37k8.7%
    +Rp875.0b    		285.4%PE8.6x
    		TFCO Tifico Fiber IndonesiaRp650.008.3%
    +Rp241.2b    		30.5%PS0.9x
    		INDR PT. Indo-Rama SyntheticsRp2.25k9.2%
    +Rp124.3b    		1.4%PS0.1x
    		MSJA Multi Spunindo JayaRp414.000.5%
    +Rp11.5b    		37.1%PE20.6x
    		BATA Sepatu BataRp63.003.3%
    +Rp2.6b    		18.9%PS0.2x

    Latest News

    SSTM
    Rp530.00
    Sunson Textile Manufacturer
    7D
    -7.0%
    1Y
    167.7%
    INDR
    Rp2,250.00
    PT. Indo-Rama Synthetics
    7D
    9.2%
    1Y
    1.4%
    POLU
    Rp10,800.00
    Golden Flower
    7D
    -19.1%
    1Y
    n/a
    BATA
    Rp63.00
    Sepatu Bata
    7D
    3.3%
    1Y
    18.9%
    ESTI
    Rp128.00
    Ever Shine Tex
    7D
    -9.9%
    1Y
    228.2%
    TFCO
    Rp650.00
    Tifico Fiber Indonesia
    7D
    8.3%
    1Y
    30.5%
    HRTA
    Rp2,370.00
    Hartadinata Abadi
    7D
    8.7%
    1Y
    285.4%
    ZATA
    Rp70.00
    Bersama Zatta Jaya
    7D
    -11.4%
    1Y
    600.0%
    MSJA
    Rp414.00
    Multi Spunindo Jaya
    7D
    0.5%
    1Y
    37.1%
    ARGO
    Rp805.00
    Argo Pantes
    7D
    -12.0%
    1Y
    26.8%
    PBRX
    Rp30.00
    Pan Brothers
    7D
    -6.3%
    1Y
    25.0%
    BELL
    Rp109.00
    Trisula Textile Industries
    7D
    -10.7%
    1Y
    109.6%
    MYTX
    Rp46.00
    Asia Pacific Investama
    7D
    -16.4%
    1Y
    n/a