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Indonesian (IDX) Financials Sector Analysis

UpdatedDec 04, 2023
DataAggregated Company Financials
Companies102
  • 7D0.04%
  • 3M-2.3%
  • 1Y1.6%
  • YTD6.0%

Over the last 7 days, the Financials industry has remained flat, although notably Bank Jago gained 13%. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

Has the Indonesian Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 Dec 2023Rp3559.5tRp666.0tRp228.9t17.7x15.5x5.3x
Wed, 01 Nov 2023Rp3407.7tRp662.6tRp225.4t17x15.1x5.1x
Fri, 29 Sep 2023Rp3500.6tRp655.5tRp224.6t17.2x15.6x5.3x
Sun, 27 Aug 2023Rp3603.9tRp652.4tRp223.2t17.4x16.1x5.5x
Tue, 25 Jul 2023Rp3576.8tRp647.0tRp216.5t18.9x16.5x5.5x
Thu, 22 Jun 2023Rp3501.9tRp646.5tRp216.5t17.1x16.2x5.4x
Sat, 20 May 2023Rp3347.3tRp652.3tRp216.1t18.2x15.5x5.1x
Mon, 17 Apr 2023Rp3436.7tRp634.4tRp205.8t19.3x16.7x5.4x
Wed, 15 Mar 2023Rp3235.4tRp632.3tRp218.3t16.6x14.8x5.1x
Fri, 10 Feb 2023Rp3386.0tRp647.5tRp218.1t16.6x15.5x5.2x
Sun, 08 Jan 2023Rp3203.3tRp613.7tRp213.1t16.2x15x5.2x
Tue, 06 Dec 2022Rp3438.7tRp619.0tRp218.4t19.9x15.7x5.6x
Thu, 03 Nov 2022Rp3388.3tRp604.8tRp202.1t21.8x16.8x5.6x
Sat, 01 Oct 2022Rp3290.4tRp579.8tRp186.6t23.1x17.6x5.7x
Mon, 29 Aug 2022Rp3229.0tRp589.7tRp186.2t25.5x17.3x5.5x
Wed, 27 Jul 2022Rp3102.1tRp580.0tRp182.7t23.9x17x5.3x
Fri, 24 Jun 2022Rp3112.9tRp576.9tRp182.6t25.8x17x5.4x
Sun, 22 May 2022Rp3145.7tRp579.2tRp183.7t22.9x17.1x5.4x
Tue, 19 Apr 2022Rp3290.1tRp564.3tRp168.1t22.7x19.6x5.8x
Thu, 17 Mar 2022Rp3363.5tRp562.6tRp165.4t25.6x20.3x6x
Sat, 12 Feb 2022Rp3268.7tRp558.3tRp162.1t26.5x20.2x5.9x
Mon, 10 Jan 2022Rp3243.0tRp502.8tRp138.4t30.3x23.4x6.4x
Wed, 08 Dec 2021Rp3112.4tRp507.5tRp142.6t25.5x21.8x6.1x
Fri, 05 Nov 2021Rp3074.3tRp501.6tRp138.8t24.5x22.1x6.1x
Sun, 03 Oct 2021Rp2809.7tRp482.8tRp130.3t26.6x21.6x5.8x
Tue, 31 Aug 2021Rp2819.6tRp481.8tRp130.3t25.3x21.6x5.9x
Wed, 07 Jul 2021Rp2652.9tRp481.8tRp130.3t24.1x20.4x5.5x
Sat, 10 Apr 2021Rp2672.3tRp455.7tRp105.2t27.2x25.4x5.9x
Fri, 01 Jan 2021Rp2536.5tRp443.5tRp102.1t30.3x24.8x5.7x
Price to Earnings Ratio

21.2x


Total Market Cap: Rp2383.5tTotal Earnings: Rp112.6tTotal Revenue: Rp464.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Financials Sector Price to Earnings3Y Average 19.3x202120222023
Current Industry PE
  • Investors are pessimistic on the Indonesian Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 15.5x which is lower than its 3-year average PE of 19.3x.
  • The industry is trading close to its 3-year average PS ratio of 5.7x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 27% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indonesian Financials sector?

ID Market0.50%
Financials0.04%
Capital Markets1.19%
Banks0.24%
Mortgage Finance0%
Mortgage REITs0%
Consumer Finance-0.17%
Insurance-3.89%
Diversified Financial-7.08%
Industry PE
    • Investors are most pessimistic about the Consumer Finance industry, which is trading below its 3-year average of 13.5x.
    Forecasted Growth
    • Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 107% over the next 5 years.
    • This is better than its past earnings decline of 3.7% per year.
    • In contrast, the Banks industry is expected to see its earnings grow by 12% 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
    		ARTO Bank JagoRp3.49k12.9%
    +Rp5.5t    		-16.9%PB5.8x
    		BBCA Bank Central AsiaRp8.95k0.3%
    +Rp3.1t    		0.6%PB4.7x
    		BMRI Bank Mandiri (Persero)Rp5.90k0.4%
    +Rp2.3t    		12.1%PB2.3x
    		NISP Bank OCBC NISPRp1.22k7.5%
    +Rp2.0t    		63.1%PB0.8x
    		BBNI Bank Negara Indonesia (Persero)Rp5.25k1.0%
    +Rp1.9t    		7.7%PB1.4x
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    Latest News

    BMRI

    Rp5,900.00

    Bank Mandiri (Persero)

    7D

    0.4%

    1Y

    12.1%

    BBHI

    Rp1,560.00

    Allo Bank Indonesia

    7D

    3.3%

    1Y

    -20.2%

    BRIS

    Rp1,675.00

    Bank Syariah Indonesia

    7D

    1.2%

    1Y

    26.9%

    BTPS

    Rp1,615.00

    Bank BTPN Syariah

    7D

    -10.5%

    1Y

    -46.7%

    BBCA

    Rp8,950.00

    Bank Central Asia

    7D

    0.3%

    1Y

    0.6%

    NISP

    Rp1,215.00

    Bank OCBC NISP

    7D

    7.5%

    1Y

    63.1%

    ARTO

    Rp3,490.00

    Bank Jago

    7D

    12.9%

    1Y

    -16.9%

    BHAT

    Rp585.00

    Bhakti Multi Artha

    7D

    -14.0%

    1Y

    -27.3%

    BBSI

    Rp3,430.00

    Krom Bank Indonesia

    7D

    -6.0%

    1Y

    -22.9%

    BBKP

    Rp81.00

    Bank KB Bukopin

    7D

    -3.6%

    1Y

    -32.5%

    CASA

    Rp620.00

    Capital Financial Indonesia

    7D

    -1.6%

    1Y

    -14.5%

    BBNI

    Rp5,250.00

    Bank Negara Indonesia (Persero)

    7D

    1.0%

    1Y

    7.7%

    MEGA

    Rp5,300.00

    Bank Mega

    7D

    1.9%

    1Y

    -3.2%

    BFIN

    Rp1,160.00

    BFI Finance Indonesia

    7D

    -2.9%

    1Y

    5.5%

    BBRI

    Rp5,350.00

    Bank Rakyat Indonesia (Persero)

    7D

    -0.9%

    1Y

    9.4%

    SMMA

    Rp13,575.00

    Sinar Mas Multiartha

    7D

    -6.2%

    1Y

    9.5%