Indonesian (IDX) Insurance Industry Analysis
- 7D0.3%
- 3M3.9%
- 1Y-8.3%
- YTD1.5%
Over the last 7 days, the Insurance industry has remained flat, although notably Capital Financial Indonesia gained 3.3%. As for the longer term, the industry has declined 8.3% in the last year.
Industry Valuation and Performance
Has the Indonesian Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 02 Dec 2021 | Rp142.3t | Rp74.1t | Rp4.9t | 20.9x |
| Sat, 30 Oct 2021 | Rp134.5t | Rp73.8t | Rp4.9t | 19.4x |
| Mon, 27 Sep 2021 | Rp132.8t | Rp71.8t | Rp5.0t | 20.7x |
| Wed, 25 Aug 2021 | Rp137.0t | Rp70.8t | Rp5.0t | 17.8x |
| Thu, 01 Jul 2021 | Rp147.0t | Rp70.8t | Rp5.0t | 18.5x |
| Sun, 04 Apr 2021 | Rp156.2t | Rp78.0t | Rp4.8t | 22.3x |
| Wed, 06 Jan 2021 | Rp139.6t | Rp67.0t | Rp4.6t | 22.3x |
| Sat, 10 Oct 2020 | Rp171.2t | Rp68.1t | Rp4.5t | 19.6x |
| Fri, 03 Jul 2020 | Rp192.3t | Rp70.6t | Rp8.8t | 17.7x |
| Mon, 06 Apr 2020 | Rp157.7t | Rp67.0t | Rp9.0t | 17x |
| Thu, 09 Jan 2020 | Rp175.8t | Rp76.4t | Rp9.6t | 18.9x |
| Wed, 02 Oct 2019 | Rp134.3t | Rp72.5t | Rp10.9t | 12.4x |
| Sat, 06 Jul 2019 | Rp127.1t | Rp63.2t | Rp6.0t | 15.7x |
| Tue, 09 Apr 2019 | Rp117.5t | Rp64.8t | Rp5.6t | 16.7x |
| Mon, 31 Dec 2018 | Rp109.4t | Rp62.1t | Rp5.4t | 18.1x |
14.3x
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 18.6x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Insurance industry have remained mostly flat over the last three years, while revenues for these companies have grown 5.1% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Indonesian Insurance industry?
| Reinsurance | 5.60% | |
| Life and Health Insurance | 2.41% | |
| General Insurance | -0.89% | |
| Property and Casualty Insurance | -1.97% | |
Industry PE: Investors are most optimistic about the General Insurance industry which is trading above its 3-year average PE ratio of 55.7x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Property and Casualty Insurance industry, which is trading below its 3-year average of 8.3x.
Forecasted Growth: There is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| CASA Capital Financial Indonesia | 2.5%+Rp653.7b | 28.0% | PE1149.3x | |
| MREI Maskapai Reasuransi Indonesia | 5.6%+Rp113.9b | -12.6% | PE23.5x | |
| BHAT Bhakti Multi Artha | 1.1%+Rp50.0b | 37.2% | PE268.8x | |
| JMAS Asuransi Jiwa Syariah Jasa Mitra Abadi | 22.2%+Rp36.0b | 47.8% | PS4.7x | |
| ASJT Asuransi Jasa Tania | 6.0%+Rp12.6b | 31.7% | PS1.9x |