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Indonesian (IDX) Real Estate Sector Analysis

UpdatedNov 24, 2024
DataAggregated Company Financials
Companies84
  • 7D-1.5%
  • 3M-2.0%
  • 1Y-2.2%
  • YTD-0.2%

Over the last 7 days, the Real Estate industry has dropped 1.5%, driven by pullbacks in Ciputra Development and Metropolitan Kentjana of 5.7% and 4.2%, respectively. As for the longer term, the industry's performance has been flat for the past year. In the next few years, earnings are forecast to decline by 4.2% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Nov 2024Rp246.0tRp101.9tRp31.9t12.1x7.7x2.4x
Tue, 22 Oct 2024Rp271.1tRp104.6tRp33.3t13.2x8.1x2.6x
Thu, 19 Sep 2024Rp263.9tRp103.8tRp13.4t13.7x19.8x2.5x
Sat, 17 Aug 2024Rp244.1tRp101.5tRp12.6t13.3x19.4x2.4x
Mon, 15 Jul 2024Rp230.0tRp99.1tRp10.4t14.4x22.1x2.3x
Wed, 12 Jun 2024Rp218.1tRp98.6tRp10.2t15.2x21.4x2.2x
Fri, 10 May 2024Rp220.9tRp98.9tRp11.3t17.5x19.6x2.2x
Sun, 07 Apr 2024Rp230.9tRp94.0tRp13.7t15.9x16.8x2.5x
Tue, 05 Mar 2024Rp240.6tRp94.8tRp16.8t13.6x14.3x2.5x
Thu, 01 Feb 2024Rp245.7tRp94.8tRp16.7t14x14.7x2.6x
Sat, 30 Dec 2023Rp252.4tRp94.8tRp16.7t14.7x15.1x2.7x
Mon, 27 Nov 2023Rp252.1tRp95.4tRp16.6t14.8x15.2x2.6x
Wed, 25 Oct 2023Rp242.3tRp98.1tRp16.8t14.1x14.4x2.5x
Fri, 22 Sep 2023Rp250.2tRp97.8tRp16.8t15.3x14.9x2.6x
Sun, 20 Aug 2023Rp275.8tRp98.1tRp17.3t14.5x15.9x2.8x
Tue, 18 Jul 2023Rp262.0tRp94.9tRp16.3t15.7x16.1x2.8x
Thu, 15 Jun 2023Rp247.2tRp94.9tRp15.8t14.3x15.7x2.6x
Sat, 13 May 2023Rp242.3tRp94.3tRp15.4t17.3x15.7x2.6x
Mon, 10 Apr 2023Rp227.4tRp92.8tRp13.1t15.4x17.4x2.5x
Wed, 08 Mar 2023Rp226.2tRp91.9tRp12.8t16.1x17.6x2.5x
Fri, 03 Feb 2023Rp240.7tRp91.9tRp12.8t15.5x18.7x2.6x
Sun, 01 Jan 2023Rp239.7tRp91.9tRp12.9t17.3x18.6x2.6x
Tue, 29 Nov 2022Rp235.0tRp91.6tRp12.7t15.2x18.5x2.6x
Thu, 27 Oct 2022Rp218.3tRp85.7tRp8.9t18.4x24.6x2.5x
Sat, 24 Sep 2022Rp227.9tRp85.4tRp8.9t18.9x25.6x2.7x
Mon, 22 Aug 2022Rp224.9tRp85.6tRp8.9t19.2x25.2x2.6x
Wed, 20 Jul 2022Rp210.5tRp84.5tRp8.0t19.7x26.3x2.5x
Fri, 17 Jun 2022Rp218.8tRp84.5tRp7.9t18.1x27.7x2.6x
Sun, 15 May 2022Rp216.6tRp84.4tRp5.2t32.7x41.4x2.6x
Tue, 12 Apr 2022Rp227.0tRp83.7tRp2.5t30.3x90.2x2.7x
Thu, 10 Mar 2022Rp232.5tRp81.4t-Rp3,857,009,704,079.0032x-60.3x2.9x
Sat, 05 Feb 2022Rp226.8tRp80.4t-Rp4,023,818,406,381.0034.9x-56.4x2.8x
Mon, 03 Jan 2022Rp229.6tRp79.4t-Rp4,122,356,380,672.0037.9x-55.7x2.9x
Wed, 01 Dec 2021Rp240.9tRp77.9t-Rp3,706,845,920,464.0032x-65x3.1x
Price to Earnings Ratio

-65x


Total Market Cap: Rp240.9tTotal Earnings: -Rp3,706,845,920,464.00Total Revenue: Rp77.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Real Estate Sector Price to Earnings3Y Average 10.9x202220232024
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 7.7x which is lower than its 3-year average PE of 10.9x.
  • The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
  • Total earnings for the Real Estate industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 9.4% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indonesian Real Estate sector?

ID Market-0.11%
Real Estate-1.49%
REITS0%
Specialized REITs0%
Residential REITs0%
Hotel and Resort REITs0%
Industrial REITs0%
Health Care REITs0%
Retail REITs0%
Office REITs0%
Real Estate-1.49%
Industry PE
  • Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 10.9x.
    • Analysts are expecting annual earnings decline of 4.2%, which is lower than the prior year's growth of 9.9% per year.
  • Investors are most pessimistic about the Real Estate industry, which is trading below its 3-year average of 10.9x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Real Estate industry since they expect its earnings to decline by only 4.2% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 9.9% per year.
  • In contrast, the Real Estate industry is expected to see its earnings decline by 4.2% 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
PLIN Plaza Indonesia RealtyRp2.59k3.6%
+Rp318.2b
-10.4%PE15.2x
PWON Pakuwon JatiRp428.000.9%
+Rp192.6b
0.5%PE9x
KIJA Kawasan Industri JababekaRp194.003.7%
+Rp143.7b
44.8%PE5.5x
MPRO Maha Properti IndonesiaRp2.01k0.5%
+Rp99.4b
-12.2%PS3812.3x
RODA Pikko Land DevelopmentRp41.0020.6%
+Rp95.1b
-19.6%PS5.2x
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Latest News

LPKR

Rp109.00

Lippo Karawaci

7D

-2.7%

1Y

26.7%

RDTX

Rp14,500.00

Roda Vivatex

7D

-4.6%

1Y

-3.8%

PUDP

Rp340.00

Pudjiadi Prestige

7D

68.3%

1Y

-20.0%

JRPT

Rp655.00

Jaya Real Property

7D

0.8%

1Y

-9.7%

KIJA

Rp194.00

Kawasan Industri Jababeka

7D

3.7%

1Y

44.8%

BKSL

Rp38.00

Sentul City

7D

-7.3%

1Y

-24.0%

CTRA

Rp1,070.00

Ciputra Development

7D

-5.7%

1Y

-4.5%

GMTD

Rp3,440.00

Gowa Makassar Tourism Development

7D

-13.8%

1Y

110.7%

BSDE

Rp1,000.00

Bumi Serpong Damai

7D

-1.0%

1Y

-5.7%

PWON

Rp428.00

Pakuwon Jati

7D

0.9%

1Y

0.5%

SMRA

Rp560.00

Summarecon Agung

7D

-4.3%

1Y

-5.9%

PLIN

Rp2,590.00

Plaza Indonesia Realty

7D

3.6%

1Y

-10.4%

RODA

Rp41.00

Pikko Land Development

7D

20.6%

1Y

-19.6%

MPRO

Rp2,010.00

Maha Properti Indonesia

7D

0.5%

1Y

-12.2%

MTSM

Rp760.00

Metro Realty

7D

50.5%

1Y

74.3%

MKPI

Rp24,875.00

Metropolitan Kentjana

7D

-4.2%

1Y

-12.7%