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Indonesian (IDX) Healthcare Sector Analysis

UpdatedApr 20, 2025
DataAggregated Company Financials
Companies34
  • 7D3.5%
  • 3M-6.8%
  • 1Y-12.1%
  • YTD-10.0%

The Healthcare industry is up 3.5% in the last week, with Sejahteraraya Anugrahjaya up 10%. During this same period, the Siloam International Hospitals underperformed, falling 5.6%. In the past year, the industry is down 12%. As for the next few years, earnings are expected to grow by 11% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 20 Apr 2025Rp237.1tRp165.7tRp7.6t19.8x31.4x1.4x
Tue, 18 Mar 2025Rp232.8tRp148.4tRp7.1t26.2x33x1.6x
Thu, 13 Feb 2025Rp249.9tRp148.4tRp7.0t26.5x35.7x1.7x
Sat, 11 Jan 2025Rp256.4tRp148.4tRp7.0t26.5x36.6x1.7x
Mon, 09 Dec 2024Rp271.4tRp148.1tRp7.0t30x38.6x1.8x
Wed, 06 Nov 2024Rp287.5tRp148.3tRp7.1t31.6x40.4x1.9x
Fri, 04 Oct 2024Rp293.8tRp145.3tRp7.3t38.1x40.5x2x
Sun, 01 Sep 2024Rp275.7tRp145.8tRp7.5t34.5x36.8x1.9x
Tue, 30 Jul 2024Rp263.0tRp142.6tRp6.9t29.4x38.3x1.8x
Thu, 27 Jun 2024Rp258.9tRp141.9tRp6.8t24.8x37.8x1.8x
Sat, 25 May 2024Rp258.5tRp141.9tRp8.2t28.3x31.7x1.8x
Mon, 22 Apr 2024Rp242.8tRp138.6tRp8.2t22x29.5x1.8x
Wed, 20 Mar 2024Rp243.1tRp136.2tRp8.5t20.5x28.7x1.8x
Fri, 16 Feb 2024Rp241.9tRp136.2tRp8.6t22.4x28.2x1.8x
Sun, 14 Jan 2024Rp241.0tRp136.2tRp8.6t25.2x28.1x1.8x
Tue, 12 Dec 2023Rp240.7tRp136.1tRp8.6t25.7x28.1x1.8x
Thu, 09 Nov 2023Rp245.4tRp136.6tRp9.3t22.8x26.3x1.8x
Sat, 07 Oct 2023Rp268.3tRp135.1tRp9.1t24x29.4x2x
Mon, 04 Sep 2023Rp263.0tRp135.2tRp9.1t22.8x28.8x1.9x
Wed, 02 Aug 2023Rp262.6tRp133.5tRp9.0t23.9x29.2x2x
Fri, 30 Jun 2023Rp268.0tRp132.9tRp8.9t23.2x30x2x
Sun, 28 May 2023Rp264.2tRp132.8tRp8.8t24.5x29.9x2x
Tue, 25 Apr 2023Rp272.8tRp132.2tRp8.4t23.7x32.5x2.1x
Thu, 23 Mar 2023Rp278.3tRp132.2tRp8.5t25.9x32.8x2.1x
Sat, 18 Feb 2023Rp287.4tRp132.8tRp8.7t24.2x32.9x2.2x
Mon, 16 Jan 2023Rp273.2tRp130.7tRp8.8t26.2x31.2x2.1x
Wed, 14 Dec 2022Rp275.6tRp127.8tRp8.9t25x31.1x2.2x
Fri, 11 Nov 2022Rp265.8tRp125.7tRp8.6t27.7x30.8x2.1x
Sun, 09 Oct 2022Rp236.9tRp125.1tRp8.8t25.8x26.8x1.9x
Tue, 06 Sep 2022Rp229.0tRp126.7tRp9.4t20.7x24.4x1.8x
Thu, 04 Aug 2022Rp229.5tRp126.3tRp10.0t20.8x22.9x1.8x
Sat, 02 Jul 2022Rp236.2tRp125.9tRp10.2t17.7x23.3x1.9x
Mon, 30 May 2022Rp236.2tRp125.7tRp10.4t20.1x22.8x1.9x
Wed, 27 Apr 2022Rp234.0tRp123.6tRp10.4t20.1x22.5x1.9x
Price to Earnings Ratio

22.5x


Total Market Cap: Rp234.0tTotal Earnings: Rp10.4tTotal Revenue: Rp123.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Healthcare Sector Price to Earnings3Y Average 30.9x202320242025
Current Industry PE
  • Investors are relatively neutral on the Indonesian Healthcare industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 30.9x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 10% per year over the last three years.
  • Meanwhile revenues for these companies have grown 10% 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 Healthcare sector?

ID Market3.95%
Healthcare3.50%
Pharma4.24%
Healthcare Services3.12%
Medical Equipment2.49%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry, which is trading close to its 3-year average PE ratio of 39.7x.
    • Analysts are expecting annual earnings growth of 12.7%, which is lower than the prior year's growth of 15.1% per year.
  • Investors are most pessimistic about the Medical Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 3.9% 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
SRAJ Sejahteraraya AnugrahjayaRp2.80k10.2%
+Rp3.1t
n/aPS10.7x
MIKA Mitra Keluarga KaryasehatRp2.44k5.2%
+Rp1.7t
-9.0%PE29.6x
SOHO Soho Global HealthRp720.0015.2%
+Rp1.2t
46.3%PE19.8x
KLBF Kalbe FarmaRp1.20k1.7%
+Rp919.0b
-14.3%PE17x
TSPC Tempo Scan PacificRp2.58k7.5%
+Rp811.8b
34.4%PE8x
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Latest News

SOHO

Rp720.00

Soho Global Health

7D

15.2%

1Y

46.3%

TSPC

Rp2,580.00

Tempo Scan Pacific

7D

7.5%

1Y

34.4%

KLBF

Rp1,200.00

Kalbe Farma

7D

1.7%

1Y

-14.3%

PRAY

Rp600.00

Famon Awal Bros Sedaya

7D

-0.8%

1Y

-11.8%

HEAL

Rp1,020.00

Medikaloka Hermina

7D

3.6%

1Y

-12.1%

PRDA

Rp2,570.00

Prodia Widyahusada

7D

-0.4%

1Y

-28.0%

SILO

Rp2,030.00

Siloam International Hospitals

7D

-5.6%

1Y

-21.6%

PYFA

Rp179.00

Pyridam Farma

7D

11.2%

1Y

-68.6%

MIKA

Rp2,440.00

Mitra Keluarga Karyasehat

7D

5.2%

1Y

-9.0%

SAME

Rp302.00

Sarana Meditama Metropolitan

7D

6.3%

1Y

18.9%

SRAJ

Rp2,800.00

Sejahteraraya Anugrahjaya

7D

10.2%

1Y

n/a