Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Indonesian (IDX) Real Estate Sector Analysis

UpdatedJan 27, 2025
DataAggregated Company Financials
Companies85
  • 7D-3.4%
  • 3M-10.8%
  • 1Y-2.9%
  • YTD5.8%

Over the last 7 days, the Real Estate industry has dropped 3.4%, driven by Bangun Kosambi Sukses declining 16%. On the other hand Ciputra Development is actually up 7.5%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to decline by 4.5% per year.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 27 Jan 2025Rp287.4tRp103.1tRp32.9t13x8.7x2.8x
Wed, 25 Dec 2024Rp240.4tRp102.0tRp30.1t12.7x8x2.4x
Fri, 22 Nov 2024Rp246.7tRp102.2tRp31.9t12.1x7.7x2.4x
Sun, 20 Oct 2024Rp271.2tRp104.6tRp33.3t13.4x8.1x2.6x
Tue, 17 Sep 2024Rp261.4tRp103.8tRp13.4t13x19.6x2.5x
Thu, 15 Aug 2024Rp243.6tRp101.5tRp12.6t13.3x19.4x2.4x
Sat, 13 Jul 2024Rp223.0tRp99.1tRp10.4t14.4x21.5x2.2x
Mon, 10 Jun 2024Rp218.5tRp98.5tRp10.2t15.6x21.5x2.2x
Wed, 08 May 2024Rp225.1tRp98.9tRp11.5t17.7x19.6x2.3x
Fri, 05 Apr 2024Rp231.7tRp94.0tRp13.7t16.9x17x2.5x
Sun, 03 Mar 2024Rp242.2tRp94.8tRp16.8t13.7x14.4x2.6x
Tue, 30 Jan 2024Rp247.8tRp94.8tRp16.7t14x14.9x2.6x
Thu, 28 Dec 2023Rp243.5tRp94.8tRp16.7t14x14.6x2.6x
Sat, 25 Nov 2023Rp252.6tRp95.4tRp16.6t14.8x15.3x2.6x
Mon, 23 Oct 2023Rp245.3tRp98.1tRp16.8t14.1x14.6x2.5x
Wed, 20 Sep 2023Rp250.5tRp97.8tRp16.8t15.8x14.9x2.6x
Fri, 18 Aug 2023Rp278.4tRp98.1tRp17.3t15.5x16.1x2.8x
Sun, 16 Jul 2023Rp261.8tRp94.9tRp16.3t16x16.1x2.8x
Tue, 13 Jun 2023Rp248.5tRp94.9tRp15.8t14.4x15.8x2.6x
Thu, 11 May 2023Rp241.5tRp94.0tRp15.1t18.4x16x2.6x
Sat, 08 Apr 2023Rp227.4tRp92.2tRp13.1t14.8x17.3x2.5x
Mon, 06 Mar 2023Rp226.6tRp91.9tRp12.8t16.2x17.6x2.5x
Wed, 01 Feb 2023Rp239.2tRp91.8tRp12.8t15.5x18.6x2.6x
Fri, 30 Dec 2022Rp237.3tRp91.9tRp12.9t16.9x18.4x2.6x
Sun, 27 Nov 2022Rp234.9tRp91.6tRp12.7t15x18.5x2.6x
Tue, 25 Oct 2022Rp214.6tRp85.7tRp8.9t18.5x24.2x2.5x
Thu, 22 Sep 2022Rp227.8tRp85.4tRp8.9t18x25.6x2.7x
Sat, 20 Aug 2022Rp226.6tRp85.6tRp8.9t19.2x25.4x2.6x
Mon, 18 Jul 2022Rp210.5tRp84.5tRp8.0t19.7x26.3x2.5x
Wed, 15 Jun 2022Rp217.8tRp84.5tRp7.9t18.6x27.6x2.6x
Fri, 13 May 2022Rp221.2tRp83.8tRp5.4t30.5x40.7x2.6x
Sun, 10 Apr 2022Rp227.5tRp83.7tRp2.6t31x89x2.7x
Tue, 08 Mar 2022Rp220.7tRp81.4t-Rp3,857,009,704,079.0029.3x-57.2x2.7x
Thu, 03 Feb 2022Rp221.6tRp80.4t-Rp4,023,818,406,381.0035.1x-55.1x2.8x
Price to Earnings Ratio

-55.1x


Total Market Cap: Rp221.6tTotal Earnings: -Rp4,023,818,406,381.00Total Revenue: Rp80.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Real Estate Sector Price to Earnings3Y Average 15x202320242025
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 8.7x which is lower than its 3-year average PE of 15.0x.
  • 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 8.6% 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-0.21%
Real Estate-3.36%
REITS0%0
Specialized REITs0%0
Residential REITs0%0
Hotel and Resort REITs0%0
Industrial REITs0%0
Health Care REITs0%0
Retail REITs0%0
Office REITs0%0
Real Estate-3.36%
Industry PE
  • Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 15.0x.
    • Analysts are expecting annual earnings decline of 4.5%, which is lower than the prior year's growth of 8.0% per year.
  • Investors are most pessimistic about the Real Estate industry, which is trading below its 3-year average of 15.0x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Real Estate industry since they expect its earnings to decline by only 4.5% 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 8.0% per year.
  • In contrast, the Real Estate industry is expected to see its earnings decline by 4.5% 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
CTRA Ciputra DevelopmentRp1.01k4.7%
+Rp834.1b		-19.6%PE9.6x
BSDE Bumi Serpong DamaiRp950.001.6%
+Rp313.7b		-7.3%PE6.9x
RISE Jaya Sukses Makmur SentosaRp1.06k1.4%
+Rp164.2b		8.7%PE478.1x
INDO Royalindo Investa WijayaRp144.0026.3%
+Rp134.4b		51.6%PE33.2x
MINA Sanurhasta MitraRp85.0026.9%
+Rp118.1b		70.0%PS68.7x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

KPIG

Rp141.00

MNC Land

7D

-9.0%

1Y

127.4%

LPKR

Rp94.00

Lippo Karawaci

7D

-2.1%

1Y

13.3%

ASRI

Rp143.00

Alam Sutera Realty

7D

4.4%

1Y

-9.5%

SMDM

Rp570.00

Suryamas Dutamakmur

7D

-8.8%

1Y

214.9%

KIJA

Rp186.00

Kawasan Industri Jababeka

7D

-3.1%

1Y

53.7%

INDO

Rp144.00

Royalindo Investa Wijaya

7D

26.3%

1Y

51.6%

BKSL

Rp57.00

Sentul City

7D

-5.0%

1Y

14.0%

RISE

Rp1,060.00

Jaya Sukses Makmur Sentosa

7D

1.4%

1Y

8.7%

CTRA

Rp1,005.00

Ciputra Development

7D

4.7%

1Y

-19.6%

GMTD

Rp3,380.00

Gowa Makassar Tourism Development

7D

-2.3%

1Y

-34.7%

BSDE

Rp950.00

Bumi Serpong Damai

7D

1.6%

1Y

-7.3%

MMLP

Rp500.00

Mega Manunggal Property

7D

2.0%

1Y

56.3%

MINA

Rp85.00

Sanurhasta Mitra

7D

26.9%

1Y

70.0%

RODA

Rp37.00

Pikko Land Development

7D

19.4%

1Y

-26.0%

MTLA

Rp398.00

Metropolitan Land

7D

-2.5%

1Y

0%