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Indonesian (IDX) Real Estate Sector Analysis

UpdatedJul 20, 2025
DataAggregated Company Financials
Companies82
  • 7D-2.4%
  • 3M4.1%
  • 1Y4.2%
  • YTD0.2%

Over the last 7 days, the Real Estate industry has dropped 2.4%, driven by pullbacks in MNC Land and Sentul City of 13% and 11%, respectively. In the past year, the industry has gained 4.2%. In the next few years, earnings are forecast to decline by 3.6% annually.

Sector Valuation and Performance

Has the Indonesian Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 20 Jul 2025Rp261.8tRp101.3tRp35.6t14.2x7.4x2.6x
Tue, 17 Jun 2025Rp267.9tRp101.4tRp35.8t14.6x7.5x2.6x
Thu, 15 May 2025Rp268.0tRp105.7tRp36.7t14.1x7.3x2.5x
Sat, 12 Apr 2025Rp245.8tRp105.3tRp36.5t13.1x6.7x2.3x
Mon, 10 Mar 2025Rp278.2tRp102.8tRp32.9t13.4x8.5x2.7x
Wed, 05 Feb 2025Rp277.4tRp103.1tRp32.9t12.5x8.4x2.7x
Fri, 03 Jan 2025Rp243.8tRp102.2tRp30.3t11x8x2.4x
Sun, 01 Dec 2024Rp245.7tRp102.0tRp31.9t12.1x7.7x2.4x
Tue, 29 Oct 2024Rp266.3tRp104.6tRp33.3t13.1x8x2.5x
Thu, 26 Sep 2024Rp263.7tRp104.8tRp33.5t13.1x7.9x2.5x
Sat, 24 Aug 2024Rp248.4tRp101.5tRp12.6t13.5x19.8x2.4x
Mon, 22 Jul 2024Rp230.8tRp99.1tRp10.4t15x22.2x2.3x
Wed, 19 Jun 2024Rp213.9tRp98.7tRp10.2t14.7x20.9x2.2x
Fri, 17 May 2024Rp222.3tRp99.0tRp10.5t17.1x21.2x2.2x
Sun, 14 Apr 2024Rp230.9tRp95.5tRp12.8t18.2x18x2.4x
Tue, 12 Mar 2024Rp237.8tRp95.3tRp17.0t13.2x14x2.5x
Thu, 08 Feb 2024Rp245.5tRp94.7tRp16.8t14x14.6x2.6x
Sat, 06 Jan 2024Rp248.4tRp94.7tRp16.7t14.4x14.9x2.6x
Mon, 04 Dec 2023Rp248.7tRp95.3tRp16.6t14.6x15x2.6x
Wed, 01 Nov 2023Rp242.2tRp95.6tRp15.9t14.6x15.3x2.5x
Fri, 29 Sep 2023Rp250.8tRp97.8tRp16.8t15.4x14.9x2.6x
Sun, 27 Aug 2023Rp273.8tRp98.1tRp17.3t14.4x15.9x2.8x
Tue, 25 Jul 2023Rp265.2tRp94.9tRp16.2t17.1x16.3x2.8x
Thu, 22 Jun 2023Rp246.3tRp94.9tRp15.8t13.4x15.6x2.6x
Sat, 20 May 2023Rp237.9tRp94.9tRp15.4t17.7x15.4x2.5x
Mon, 17 Apr 2023Rp228.4tRp92.2tRp12.7t18.4x18x2.5x
Wed, 15 Mar 2023Rp222.4tRp91.6tRp12.7t16.4x17.5x2.4x
Fri, 10 Feb 2023Rp233.8tRp91.9tRp12.8t15.9x18.2x2.5x
Sun, 08 Jan 2023Rp233.9tRp92.0tRp12.9t16.9x18.1x2.5x
Tue, 06 Dec 2022Rp235.1tRp91.5tRp12.7t15.2x18.5x2.6x
Thu, 03 Nov 2022Rp228.1tRp88.9tRp11.4t17.9x20x2.6x
Sat, 01 Oct 2022Rp221.1tRp85.5tRp8.9t18.9x24.8x2.6x
Mon, 29 Aug 2022Rp224.2tRp85.6tRp8.8t17.6x25.3x2.6x
Wed, 27 Jul 2022Rp216.1tRp84.4tRp7.9t20.5x27.3x2.6x
Price to Earnings Ratio

27.3x


Total Market Cap: Rp216.1tTotal Earnings: Rp7.9tTotal Revenue: Rp84.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Real Estate Sector Price to Earnings3Y Average 15.4x202320242025
Current Industry PE
  • Investors are pessimistic on the Indonesian Real Estate 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 7.4x which is lower than its 3-year average PE of 15.4x.
  • The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 65% per year over the last three years.
  • Revenues for these companies have grown 6.3% 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 Real Estate sector?

ID Market5.37%
Real Estate-2.38%
Real Estate-2.38%
Industry PE
  • Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 15.4x.
    • Analysts are expecting annual earnings decline of 3.6%, which is worse than the prior year's decline of 2.3%.
  • Investors are most pessimistic about the Real Estate industry, which is trading below its 3-year average of 15.4x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Real Estate industry since they expect its earnings to decline by only 3.6% per year over the next 5 years, which isn't as bad as the other industries.
  • This is even lower than its past earnings decline of 2.3% per year.
  • In contrast, the Real Estate industry is expected to see its earnings decline by 3.6% 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
JRPT Jaya Real PropertyRp745.004.2%
+Rp387.3b		14.6%PE8.4x
MMLP Mega Manunggal PropertyRp535.004.9%
+Rp172.2b		55.5%PE15.8x
FMII Fortune Mate IndonesiaRp366.007.6%
+Rp166.4b		144.0%PE84.6x
DMAS Puradelta LestariRp142.002.2%
+Rp144.6b		-9.0%PE5.2x
ASRI Alam Sutera RealtyRp136.005.4%
+Rp137.5b		-1.4%PE59.3x

Latest News

KIJA
Rp184.00
Kawasan Industri Jababeka
7D
2.8%
1Y
39.4%
PWON
Rp362.00
Pakuwon Jati
7D
-2.2%
1Y
-13.8%
FMII
Rp366.00
Fortune Mate Indonesia
7D
7.6%
1Y
144.0%
MKPI
Rp22,325.00
Metropolitan Kentjana
7D
-2.3%
1Y
-16.9%
GMTD
Rp2,230.00
Gowa Makassar Tourism Development
7D
-13.2%
1Y
-53.7%
JRPT
Rp745.00
Jaya Real Property
7D
4.2%
1Y
14.6%
KPIG
Rp162.00
MNC Land
7D
-13.4%
1Y
45.9%
MPRO
Rp2,140.00
Maha Properti Indonesia
7D
-2.7%
1Y
46.1%
DUTI
Rp3,250.00
Duta Pertiwi
7D
-7.1%
1Y
-18.8%
SMDM
Rp830.00
Suryamas Dutamakmur
7D
-6.2%
1Y
295.2%
BKSL
Rp114.00
Sentul City
7D
-10.9%
1Y
200.0%
ASRI
Rp136.00
Alam Sutera Realty
7D
5.4%
1Y
-1.4%
MMLP
Rp535.00
Mega Manunggal Property
7D
4.9%
1Y
55.5%
SMRA
Rp388.00
Summarecon Agung
7D
1.6%
1Y
-30.7%
APLN
Rp94.00
Agung Podomoro Land
7D
4.4%
1Y
-9.6%
DMAS
Rp142.00
Puradelta Lestari
7D
2.2%
1Y
-9.0%