Indonesian (IDX) Infrastructure Industry Analysis
UpdatedMay 10, 2024
DataAggregated Company Financials
Companies11
- 7D1.1%
- 3M3.2%
- 1Y17.3%
- YTD2.6%
Over the last 7 days, the Infrastructure industry has dropped 3.0%, driven by a pullback from Jasa Marga (Persero) of 3.7%. On the other hand Cardig Aero Services is actually up 6.4%. In the past year, the industry has gained 19%. As for the next few years, earnings are forecast to decline by 22% per annum.
Industry Valuation and Performance
Has the Indonesian Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 10 May 2024 | Rp58.2t | Rp44.0t | Rp9.2t | 8.8x | 6.3x | 1.3x |
| Sun, 07 Apr 2024 | Rp60.6t | Rp38.8t | Rp9.2t | 8.7x | 6.6x | 1.6x |
| Tue, 05 Mar 2024 | Rp59.1t | Rp36.4t | Rp10.1t | 9.3x | 5.8x | 1.6x |
| Thu, 01 Feb 2024 | Rp60.8t | Rp38.6t | Rp10.0t | 9x | 6.1x | 1.6x |
| Sat, 30 Dec 2023 | Rp61.8t | Rp38.4t | Rp10.0t | 9.5x | 6.2x | 1.6x |
| Mon, 27 Nov 2023 | Rp58.6t | Rp37.5t | Rp5.4t | 8.5x | 10.8x | 1.6x |
| Wed, 25 Oct 2023 | Rp55.4t | Rp36.2t | Rp5.4t | 8.7x | 10.2x | 1.5x |
| Fri, 22 Sep 2023 | Rp57.0t | Rp36.0t | Rp5.4t | 9.1x | 10.6x | 1.6x |
| Sun, 20 Aug 2023 | Rp51.5t | Rp35.2t | Rp5.2t | 9.4x | 9.9x | 1.5x |
| Tue, 18 Jul 2023 | Rp52.2t | Rp31.1t | Rp4.8t | 9.7x | 10.8x | 1.7x |
| Thu, 15 Jun 2023 | Rp52.9t | Rp31.1t | Rp4.8t | 9.7x | 10.9x | 1.7x |
| Sat, 13 May 2023 | Rp51.3t | Rp28.8t | Rp4.9t | 10.1x | 10.6x | 1.8x |
| Mon, 10 Apr 2023 | Rp50.6t | Rp29.1t | Rp4.7t | 9.6x | 10.7x | 1.7x |
| Wed, 08 Mar 2023 | Rp51.5t | Rp28.0t | Rp3.8t | 12.7x | 13.6x | 1.8x |
| Fri, 03 Feb 2023 | Rp52.8t | Rp28.0t | Rp3.8t | 12.9x | 14x | 1.9x |
| Sun, 01 Jan 2023 | Rp50.7t | Rp28.0t | Rp3.8t | 11.9x | 13.4x | 1.8x |
| Tue, 29 Nov 2022 | Rp40.9t | Rp26.3t | Rp3.4t | 11.5x | 11.9x | 1.6x |
| Thu, 27 Oct 2022 | Rp42.9t | Rp25.5t | Rp2.9t | 12.9x | 14.7x | 1.7x |
| Sat, 24 Sep 2022 | Rp43.7t | Rp25.0t | Rp3.3t | 13.4x | 13.4x | 1.7x |
| Mon, 22 Aug 2022 | Rp43.9t | Rp25.1t | Rp3.2t | 13.8x | 13.9x | 1.7x |
| Wed, 20 Jul 2022 | Rp42.8t | Rp25.0t | Rp3.1t | 13.8x | 13.7x | 1.7x |
| Fri, 17 Jun 2022 | Rp44.7t | Rp24.2t | Rp3.0t | 17.8x | 14.7x | 1.8x |
| Sun, 15 May 2022 | Rp45.2t | Rp23.9t | Rp2.8t | 16.8x | 16.3x | 1.9x |
| Tue, 12 Apr 2022 | Rp45.8t | Rp22.1t | Rp2.4t | 16.8x | 18.7x | 2.1x |
| Thu, 10 Mar 2022 | Rp43.7t | Rp20.7t | Rp1.9t | 23.9x | 23.5x | 2.1x |
| Sat, 05 Feb 2022 | Rp40.4t | Rp20.7t | Rp1.9t | 22.6x | 21.8x | 2x |
| Mon, 03 Jan 2022 | Rp45.9t | Rp20.7t | Rp1.9t | 25.8x | 24.7x | 2.2x |
| Wed, 01 Dec 2021 | Rp44.2t | Rp20.4t | Rp1.6t | 21.7x | 27x | 2.2x |
| Fri, 29 Oct 2021 | Rp45.2t | Rp20.4t | Rp1.7t | 20.1x | 25.9x | 2.2x |
| Sun, 26 Sep 2021 | Rp41.9t | Rp20.0t | Rp1.6t | 22x | 26.4x | 2.1x |
| Tue, 24 Aug 2021 | Rp44.5t | Rp20.0t | Rp1.6t | 22x | 28x | 2.2x |
| Wed, 30 Jun 2021 | Rp41.0t | Rp20.0t | Rp1.6t | 20.4x | 25.8x | 2.1x |
Price to Earnings Ratio
137.5x
Current Industry PE
- Investors are pessimistic on the Indonesian Infrastructure 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 6.6x which is lower than its 3-year average PE of 18.6x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Infrastructure industry have grown 202% per year over the last three years.
- Revenues for these companies have grown 32% 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 Industrials industry?
| ID Market | -0.71% | |
| Industrials | -0.30% | |
| Infrastructure | 1.09% | |
| Airport Services | 6.37% | |
| Highways and Railtracks | 1.13% | |
| Marine Ports and Services | -0.25% | |
Industry PE
- Investors are most optimistic about the Airport Services industry which is trading above its 3-year average PE ratio of 1.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Highways and Railtracks industry, which is trading below its 3-year average of 16.0x.
Forecasted Growth
- Analysts are most optimistic on the Marine Ports and Services industry, expecting annual earnings growth of 12% over the next 5 years.
- This is better than its past earnings growth rate of 7.7% per year.
- In contrast, the Highways and Railtracks industry is expected to see its earnings decline by 23% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| JSMR Jasa Marga (Persero) | Rp5.20k | 3.5% +Rp1.3t | 49.9% | PE5.5x | |
| CASS Cardig Aero Services | Rp1.09k | 8.5% +Rp177.4b | 136.9% | PE9.3x | |
| CBRE Cakra Buana Resources Energi | Rp24.00 | 26.3% +Rp22.7b | -52.0% | PS2.4x | |
| IPCC Indonesia Kendaraan Terminal | Rp655.00 | 0.8% +Rp9.1b | -4.4% | PE6.4x | |
| TEBE Dana Brata Luhur | Rp735.00 | 0.7% +Rp6.4b | -7.5% | PE4.3x |