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Indonesian (IDX) Medical Equipment Industry Analysis

UpdatedAug 23, 2026
DataAggregated Company Financials
Companies5
  • 7D2.9%
  • 3M-2.8%
  • 1Y10.2%
  • YTD8.9%

Over the last 7 days, the Medical Equipment industry has risen 2.9%, driven by gains from Jayamas Medica Industri of 3.5%. This means that the industry has gained 10% over the past year. Looking forward, earnings are forecast to grow by 9.5% annually.

Industry Valuation and Performance

Has the Indonesian Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 23 Aug 2026Rp7.7tRp2.7tRp448.7b69.2x17.1x2.8x
Tue, 21 Jul 2026Rp7.0tRp2.6tRp409.0b34.1x17.1x2.6x
Thu, 18 Jun 2026Rp6.4tRp2.6tRp392.1b38.1x16.4x2.5x
Sat, 16 May 2026Rp7.8tRp2.6tRp392.1b48.6x20x3.1x
Mon, 13 Apr 2026Rp8.4tRp2.4tRp366.0b29x23.1x3.5x
Wed, 11 Mar 2026Rp7.6tRp2.4tRp340.3b18.5x22.4x3.2x
Fri, 06 Feb 2026Rp6.9tRp2.4tRp340.3b15.8x20.2x2.9x
Sun, 04 Jan 2026Rp6.8tRp2.4tRp340.3b15.4x20x2.9x
Tue, 02 Dec 2025Rp6.8tRp2.4tRp340.3b14.8x19.9x2.9x
Thu, 30 Oct 2025Rp6.6tRp2.3tRp314.2b15.7x21x2.9x
Sat, 27 Sep 2025Rp6.8tRp2.3tRp313.5b16.3x21.6x3x
Mon, 25 Aug 2025Rp6.6tRp2.3tRp313.5b16x21.2x2.9x
Wed, 23 Jul 2025Rp6.0tRp2.2tRp314.9b14.3x19x2.7x
Fri, 20 Jun 2025Rp5.9tRp2.2tRp314.9b14.4x18.7x2.7x
Sun, 18 May 2025Rp5.4tRp2.2tRp314.9b14x17x2.4x
Tue, 15 Apr 2025Rp5.0tRp2.2tRp301.1b13.4x16.6x2.3x
Thu, 13 Mar 2025Rp5.2tRp2.1tRp295.2b62.1x17.6x2.4x
Sat, 08 Feb 2025Rp5.5tRp2.1tRp295.2b62.1x18.6x2.6x
Mon, 06 Jan 2025Rp5.7tRp2.1tRp295.2b67x19.4x2.7x
Wed, 04 Dec 2024Rp5.5tRp2.1tRp295.2b62.1x18.8x2.6x
Fri, 01 Nov 2024Rp5.8tRp2.1tRp312.4b41.3x18.6x2.7x
Sun, 29 Sep 2024Rp5.8tRp2.1tRp315.4b47.6x18.5x2.8x
Tue, 27 Aug 2024Rp6.3tRp2.1tRp315.4b52.7x20.1x3x
Thu, 25 Jul 2024Rp6.4tRp2.1tRp285.3b58.1x22.4x3x
Sat, 22 Jun 2024Rp6.7tRp2.1tRp284.3b22.2x23.5x3.2x
Mon, 20 May 2024Rp7.7tRp2.1tRp288.7b21.1x26.6x3.6x
Wed, 17 Apr 2024Rp7.8tRp2.1tRp283.0b20.6x27.5x3.7x
Fri, 15 Mar 2024Rp8.2tRp2.1tRp332.8b19x24.8x3.9x
Sun, 11 Feb 2024Rp9.1tRp2.1tRp326.7b19.2x27.8x4.2x
Tue, 09 Jan 2024Rp6.9tRp2.1tRp326.7b19.3x21.1x3.2x
Thu, 07 Dec 2023Rp6.5tRp2.1tRp316.0b14.1x20.5x3x
Sat, 04 Nov 2023Rp6.3tRp2.1tRp303.2b14.8x20.8x3.1x
Mon, 02 Oct 2023Rp6.0tRp2.1tRp303.2b15.6x19.9x2.9x
Wed, 30 Aug 2023Rp4.8tRp2.0tRp290.8b12.3x16.4x2.4x
Price to Earnings Ratio

16.4x


Total Market Cap: Rp4.8tTotal Earnings: Rp290.8bTotal Revenue: Rp2.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Medical Equipment Industry Price to Earnings3Y Average 20.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Medical Equipment 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 17.1x which is lower than its 3-year average PE of 20.5x.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 11% 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 Healthcare industry?

ID Market1.85%
Healthcare-1.89%
Medical Equipment2.89%
Medical Supplies2.89%
Medical Equipment0%0
Industry PE
  • Investors are most optimistic about the Medical Supplies industry even though it's trading below its 3-year average PE ratio of 20.5x.
    • Analysts are expecting annual earnings growth of 9.5%, which is higher than its past year's earnings decline of 24.2% per year.
  • Investors are most pessimistic about the Medical Supplies industry, which is trading below its 3-year average of 20.5x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 9.5% over the next 5 years.
  • This is better than its past earnings decline of 24% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 9.5% 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
OMED Jayamas Medica IndustriRp234.003.5%
+Rp216.1b		19.4%PE14.6x
SURI Maja Agung LatexindoRp81.003.8%
+Rp19.0b		-34.7%PE547.1x

Latest News

MEDS
Rp71.00
Hetzer Medical Indonesia
7D
-1.4%
1Y
42.0%
OMED
Rp234.00
Jayamas Medica Industri
7D
3.5%
1Y
19.4%
SURI
Rp81.00
Maja Agung Latexindo
7D
3.8%
1Y
-34.7%
HALO
Rp67.00
Haloni Jane
7D
-4.3%
1Y
-20.2%