Indonesian (IDX) Real Estate Sector Analysis
UpdatedSep 27, 2023
DataAggregated Company Financials
Companies84
- 7D-2.3%
- 3M2.1%
- 1Y5.6%
- YTD-2.6%
Over the last 7 days, the Real Estate industry has dropped 2.3%, driven by a pullback from Maha Properti Indonesia of 31%. In contrast, Plaza Indonesia Realty has gained 26%. This takes the industry's 12 month performance to a gain of 5.6%. Looking forward, earnings are forecast to grow by 8.0% annually.
Sector Valuation and Performance
Has the Indonesian Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 27 Sep 2023 | Rp252.0t | Rp97.8t | Rp16.8t | 15.1x | 15x | 2.6x |
| Fri, 25 Aug 2023 | Rp276.1t | Rp98.1t | Rp17.3t | 14.1x | 16x | 2.8x |
| Sun, 23 Jul 2023 | Rp266.7t | Rp94.9t | Rp16.2t | 16x | 16.4x | 2.8x |
| Tue, 20 Jun 2023 | Rp245.7t | Rp94.9t | Rp15.8t | 13.9x | 15.6x | 2.6x |
| Thu, 18 May 2023 | Rp239.8t | Rp94.9t | Rp15.4t | 17.7x | 15.6x | 2.5x |
| Sat, 15 Apr 2023 | Rp228.3t | Rp91.9t | Rp12.5t | 18.4x | 18.3x | 2.5x |
| Mon, 13 Mar 2023 | Rp224.1t | Rp91.6t | Rp12.7t | 16.6x | 17.7x | 2.4x |
| Wed, 08 Feb 2023 | Rp236.4t | Rp91.9t | Rp12.8t | 15.7x | 18.4x | 2.6x |
| Fri, 06 Jan 2023 | Rp232.1t | Rp91.9t | Rp12.9t | 17.3x | 18x | 2.5x |
| Sun, 04 Dec 2022 | Rp237.3t | Rp91.5t | Rp12.7t | 15.2x | 18.7x | 2.6x |
| Tue, 01 Nov 2022 | Rp225.6t | Rp85.1t | Rp8.7t | 18.6x | 26.1x | 2.7x |
| Thu, 29 Sep 2022 | Rp222.9t | Rp85.4t | Rp8.9t | 19x | 25x | 2.6x |
| Sat, 27 Aug 2022 | Rp222.6t | Rp85.6t | Rp8.8t | 17.6x | 25.2x | 2.6x |
| Mon, 25 Jul 2022 | Rp215.7t | Rp84.4t | Rp7.9t | 20.9x | 27.3x | 2.6x |
| Wed, 22 Jun 2022 | Rp218.7t | Rp84.5t | Rp7.9t | 18.4x | 27.7x | 2.6x |
| Fri, 20 May 2022 | Rp217.6t | Rp82.5t | Rp5.5t | 26.2x | 39.9x | 2.6x |
| Sun, 17 Apr 2022 | Rp222.7t | Rp82.4t | Rp5.7t | 27.1x | 39.1x | 2.7x |
| Tue, 15 Mar 2022 | Rp232.4t | Rp81.4t | -Rp3,857,009,704,079.00 | 34.3x | -60.2x | 2.9x |
| Thu, 10 Feb 2022 | Rp225.7t | Rp80.4t | -Rp4,023,818,406,381.00 | 34.6x | -56.1x | 2.8x |
| Sat, 08 Jan 2022 | Rp232.3t | Rp80.4t | -Rp4,027,983,952,720.00 | 34.1x | -57.7x | 2.9x |
| Mon, 06 Dec 2021 | Rp237.4t | Rp78.2t | -Rp3,250,818,519,525.00 | 31.3x | -73x | 3x |
| Wed, 03 Nov 2021 | Rp258.2t | Rp74.6t | -Rp6,010,135,568,026.00 | 47.2x | -43x | 3.5x |
| Fri, 01 Oct 2021 | Rp239.9t | Rp73.7t | -Rp6,361,997,024,939.00 | 28x | -37.7x | 3.3x |
| Sun, 29 Aug 2021 | Rp257.0t | Rp75.4t | -Rp8,303,885,264,103.00 | 27x | -30.9x | 3.4x |
| Mon, 05 Jul 2021 | Rp250.0t | Rp75.4t | -Rp8,303,885,264,103.00 | 27x | -30.1x | 3.3x |
| Thu, 08 Apr 2021 | Rp285.4t | Rp70.5t | -Rp6,823,526,415,438.00 | 25.8x | -41.8x | 4.1x |
| Sun, 10 Jan 2021 | Rp303.6t | Rp71.3t | -Rp11,353,465,045,385.00 | 33.4x | -26.7x | 4.3x |
| Sat, 03 Oct 2020 | Rp288.3t | Rp73.3t | Rp1.4t | 31.2x | 205.5x | 3.9x |
Price to Earnings Ratio
205.5x
Current Industry PE
- Investors are optimistic on the Indonesian Real Estate industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 15.0x which is higher than its 3-year average PE of 11.4x.
- The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 129% per year over the last three years.
- Revenues for these companies have grown 10% 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 Market | -0.65% | |
| Real Estate | -2.32% | |
| REITS | 0% | |
| Specialized REITs | 0% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Industrial REITs | 0% | |
| Health Care REITs | 0% | |
| Retail REITs | 0% | |
| Office REITs | 0% | |
| Real Estate | -2.32% | |
Industry PE
- Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 11.4x.
- Analysts are expecting annual earnings growth of 8.0%, which is lower than the prior year's growth of 14.8% per year.
- Investors are most pessimistic about the Real Estate industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.4x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 8.0% over the next 5 years.
- However this is lower than its past earnings growth rate of 15% per year.
- In contrast, the Real Estate industry is expected to see its earnings grow by 8.0% 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 | |
|---|---|---|---|---|---|
| PLIN Plaza Indonesia Realty | Rp3.68k | 25.6% +Rp2.7t | 63.6% | PE19.8x | |
| RDTX Roda Vivatex | Rp15.10k | 20.8% +Rp698.9b | 74.1% | PE14.3x | |
| JRPT Jaya Real Property | Rp645.00 | 4.0% +Rp324.5b | 38.4% | PE9.1x | |
| KPIG MNC Land | Rp68.00 | 3.0% +Rp177.4b | -21.8% | PE13.9x | |
| BEST Bekasi Fajar Industrial Estate | Rp159.00 | 7.4% +Rp106.1b | -7.6% | PE47.2x |