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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 Sep 2023Rp252.0tRp97.8tRp16.8t15.1x15x2.6x
Fri, 25 Aug 2023Rp276.1tRp98.1tRp17.3t14.1x16x2.8x
Sun, 23 Jul 2023Rp266.7tRp94.9tRp16.2t16x16.4x2.8x
Tue, 20 Jun 2023Rp245.7tRp94.9tRp15.8t13.9x15.6x2.6x
Thu, 18 May 2023Rp239.8tRp94.9tRp15.4t17.7x15.6x2.5x
Sat, 15 Apr 2023Rp228.3tRp91.9tRp12.5t18.4x18.3x2.5x
Mon, 13 Mar 2023Rp224.1tRp91.6tRp12.7t16.6x17.7x2.4x
Wed, 08 Feb 2023Rp236.4tRp91.9tRp12.8t15.7x18.4x2.6x
Fri, 06 Jan 2023Rp232.1tRp91.9tRp12.9t17.3x18x2.5x
Sun, 04 Dec 2022Rp237.3tRp91.5tRp12.7t15.2x18.7x2.6x
Tue, 01 Nov 2022Rp225.6tRp85.1tRp8.7t18.6x26.1x2.7x
Thu, 29 Sep 2022Rp222.9tRp85.4tRp8.9t19x25x2.6x
Sat, 27 Aug 2022Rp222.6tRp85.6tRp8.8t17.6x25.2x2.6x
Mon, 25 Jul 2022Rp215.7tRp84.4tRp7.9t20.9x27.3x2.6x
Wed, 22 Jun 2022Rp218.7tRp84.5tRp7.9t18.4x27.7x2.6x
Fri, 20 May 2022Rp217.6tRp82.5tRp5.5t26.2x39.9x2.6x
Sun, 17 Apr 2022Rp222.7tRp82.4tRp5.7t27.1x39.1x2.7x
Tue, 15 Mar 2022Rp232.4tRp81.4t-Rp3,857,009,704,079.0034.3x-60.2x2.9x
Thu, 10 Feb 2022Rp225.7tRp80.4t-Rp4,023,818,406,381.0034.6x-56.1x2.8x
Sat, 08 Jan 2022Rp232.3tRp80.4t-Rp4,027,983,952,720.0034.1x-57.7x2.9x
Mon, 06 Dec 2021Rp237.4tRp78.2t-Rp3,250,818,519,525.0031.3x-73x3x
Wed, 03 Nov 2021Rp258.2tRp74.6t-Rp6,010,135,568,026.0047.2x-43x3.5x
Fri, 01 Oct 2021Rp239.9tRp73.7t-Rp6,361,997,024,939.0028x-37.7x3.3x
Sun, 29 Aug 2021Rp257.0tRp75.4t-Rp8,303,885,264,103.0027x-30.9x3.4x
Mon, 05 Jul 2021Rp250.0tRp75.4t-Rp8,303,885,264,103.0027x-30.1x3.3x
Thu, 08 Apr 2021Rp285.4tRp70.5t-Rp6,823,526,415,438.0025.8x-41.8x4.1x
Sun, 10 Jan 2021Rp303.6tRp71.3t-Rp11,353,465,045,385.0033.4x-26.7x4.3x
Sat, 03 Oct 2020Rp288.3tRp73.3tRp1.4t31.2x205.5x3.9x
Price to Earnings Ratio

205.5x


Total Market Cap: Rp288.3tTotal Earnings: Rp1.4tTotal Revenue: Rp73.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Real Estate Sector Price to Earnings3Y Average 11.4x202120222023
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%
REITS0%
Specialized REITs0%
Residential REITs0%
Hotel and Resort REITs0%
Industrial REITs0%
Health Care REITs0%
Retail REITs0%
Office REITs0%
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?

CompanyLast Price7D1YValuation
PLIN Plaza Indonesia RealtyRp3.68k25.6%
+Rp2.7t
63.6%PE19.8x
RDTX Roda VivatexRp15.10k20.8%
+Rp698.9b
74.1%PE14.3x
JRPT Jaya Real PropertyRp645.004.0%
+Rp324.5b
38.4%PE9.1x
KPIG MNC LandRp68.003.0%
+Rp177.4b
-21.8%PE13.9x
BEST Bekasi Fajar Industrial EstateRp159.007.4%
+Rp106.1b
-7.6%PE47.2x
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Latest News

SWID

Rp89.00

Saraswanti Indoland Development

7D

17.1%

1Y

-34.6%

RDTX

Rp15,100.00

Roda Vivatex

7D

20.8%

1Y

74.1%

PLIN

Rp3,680.00

Plaza Indonesia Realty

7D

25.6%

1Y

63.6%

MKPI

Rp34,225.00

Metropolitan Kentjana

7D

-1.4%

1Y

49.8%

POLL

Rp149.00

Pollux Properties Indonesia

7D

-14.9%

1Y

-54.8%

CTRA

Rp995.00

Ciputra Development

7D

-2.0%

1Y

-2.0%

HOMI

Rp492.00

Grand House Mulia

7D

-15.9%

1Y

12.3%

BEST

Rp159.00

Bekasi Fajar Industrial Estate

7D

7.4%

1Y

-7.6%

KIJA

Rp162.00

Kawasan Industri Jababeka

7D

2.5%

1Y

3.8%

DUTI

Rp4,430.00

Duta Pertiwi

7D

-8.8%

1Y

9.1%

MPRO

Rp1,245.00

Maha Properti Indonesia

7D

-31.4%

1Y

68.2%

FMII

Rp610.00

Fortune Mate Indonesia

7D

4.3%

1Y

107.0%

JRPT

Rp645.00

Jaya Real Property

7D

4.0%

1Y

38.4%

LPKR

Rp92.00

Lippo Karawaci

7D

-2.1%

1Y

-10.7%

LPCK

Rp815.00

Lippo Cikarang

7D

-5.2%

1Y

-32.1%

KPIG

Rp68.00

MNC Land

7D

3.0%

1Y

-21.8%