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Indonesian (IDX) Banks Industry Analysis

UpdatedNov 25, 2021
DataAggregated Company Financials
Companies47
  • 7D-1.5%
  • 3M10.8%
  • 1Y17.7%
  • YTD11.0%

Over the last 7 days, the Banks industry has remained flat. As for the the longer term, the industry is up 22% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Fri, 26 Nov 2021Rp2962.5tRp374.9tRp108.5t30.4x
Sun, 24 Oct 2021Rp2862.2tRp355.4tRp97.4t33.3x
Tue, 21 Sep 2021Rp2546.7tRp352.5tRp96.1t27.1x
Thu, 19 Aug 2021Rp2552.5tRp352.7tRp96.1t27.3x
Thu, 03 Jun 2021Rp2443.8tRp330.0tRp82.2t71.2x
Sun, 07 Mar 2021Rp2624.3tRp335.7tRp86.6t86.1x
Wed, 09 Dec 2020Rp2146.5tRp360.9tRp104.6t26.3x
Tue, 01 Sep 2020Rp1980.2tRp379.1tRp118.3t23.4x
Fri, 05 Jun 2020Rp51667.9tRp397.4tRp136.2t19.6x
Mon, 09 Mar 2020Rp52194.3tRp385.6tRp133.7t21.1x
Sun, 01 Dec 2019Rp52225.8tRp381.6tRp132.1t19.2x
Wed, 04 Sep 2019Rp52244.4tRp376.7tRp130.2t22.4x
Sat, 08 Jun 2019Rp52214.0tRp371.7tRp128.8t23x
Fri, 01 Mar 2019Rp52175.3tRp364.8tRp125.8t21.4x
Mon, 03 Dec 2018Rp52056.6tRp352.9tRp120.2t21.7x
PE Ratio

21.7x

Total Market Cap: Rp52056.6tTotal Earnings: Rp120.2tTotal Revenue: Rp352.9t0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 29.1x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Banks industry have declined 3.4% per year over the last three years, while revenues for these companies have grown 2.0% 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 Banks industry?

Diversified Banks-1.37%
Regional Banks-2.85%

Industry PE: Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 55.2x. However analysts are expecting annual earnings growth of 24%, which is lower than the prior year's growth of 36% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Diversified Banks industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 21.2x.

Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 24% over the next 5 years. This is better than it's past earnings growth rate of 7.2% per year. Meanwhile, the Regional Banks industry is expected to see its earnings grow by 24% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
BMRI Bank Mandiri (Persero)2.4%+Rp8.2t9.3%PB1.7x
BBRI Bank Rakyat Indonesia (Persero)1.0%+Rp6.0t-1.6%PB2.3x
BBNI Bank Negara Indonesia (Persero)3.6%+Rp4.6t13.9%PB1.1x
BBCA Bank Central Asia0.3%+Rp3.1t14.6%PB4.6x
BANK Bank Aladin Syariah5.3%+Rp1.8tn/aPB33.1x
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