Indonesian (IDX) Real Estate Industry Analysis
UpdatedMay 15, 2022
DataAggregated Company Financials
Companies73
- 7D-4.3%
- 3M-4.9%
- 1Y-21.1%
- YTD-11.4%
Over the last 7 days, the Real Estate industry has dropped 4.3%, driven by a pullback from Pakuwon Jati of 12%. In contrast, Jaya Sukses Makmur Sentosa has gained 14%. The industry has fallen 21% in the last year. Earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Indonesian Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 15 May 2022 | Rp216.6t | Rp84.4t | Rp5.2t | 32.7x |
| Tue, 12 Apr 2022 | Rp227.0t | Rp83.7t | Rp2.5t | 30.3x |
| Thu, 10 Mar 2022 | Rp232.5t | Rp81.4t | -Rp3,857,009,704,079.00 | 32x |
| Sat, 05 Feb 2022 | Rp226.8t | Rp80.4t | -Rp4,023,818,406,381.00 | 34.9x |
| Mon, 03 Jan 2022 | Rp229.6t | Rp79.4t | -Rp4,122,356,380,672.00 | 37.9x |
| Wed, 01 Dec 2021 | Rp240.9t | Rp77.9t | -Rp3,706,845,920,464.00 | 32x |
| Fri, 29 Oct 2021 | Rp257.0t | Rp74.1t | -Rp6,153,860,308,331.00 | 26.9x |
| Sun, 26 Sep 2021 | Rp240.7t | Rp73.7t | -Rp6,356,874,099,135.00 | 28.3x |
| Tue, 24 Aug 2021 | Rp260.0t | Rp75.4t | -Rp8,303,885,264,103.00 | 27x |
| Wed, 30 Jun 2021 | Rp250.0t | Rp75.4t | -Rp8,303,885,264,103.00 | 27x |
| Sat, 03 Apr 2021 | Rp285.4t | Rp70.5t | -Rp6,823,526,415,438.00 | 25.8x |
| Tue, 05 Jan 2021 | Rp303.6t | Rp71.3t | -Rp11,353,465,045,385.00 | 33.4x |
| Fri, 09 Oct 2020 | Rp288.3t | Rp73.3t | Rp1.4t | 31.2x |
| Thu, 02 Jul 2020 | Rp261.4t | Rp75.1t | Rp5.2t | 18.8x |
| Sun, 05 Apr 2020 | Rp285.6t | Rp81.8t | Rp5.3t | 19.7x |
| Wed, 08 Jan 2020 | Rp399.6t | Rp82.8t | Rp12.0t | 22.7x |
| Tue, 01 Oct 2019 | Rp385.9t | Rp82.0t | Rp15.1t | 17.3x |
| Fri, 05 Jul 2019 | Rp332.3t | Rp83.0t | Rp15.1t | 20.3x |
Median PE Ratio
19.9x
Current Industry PE
- Investors are optimistic on the industry, and appear confident in long-term growth rates.
- The industry is trading at a PE ratio of 32.7x which is higher than its 3-year average PE of 25.7x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have declined 32% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Indonesian Real Estate industry?
| ID Market | -7.29% | |
| Real Estate | -4.35% | |
| Real Estate | -4.35% | |
| Real Estate Services | -0.84% | |
| Real Estate Operating Companies | -3.37% | |
| Real Estate Development | -3.74% | |
| Diversified Real Estate | -6.92% | |
Industry PE
- Investors are most optimistic about the Real Estate Development industry which is trading above its 3-year average PE ratio of 33.1x.
- Analysts expect its future annual earnings growth (26%) to be largely in line with prior year's earnings growth.
- This could indicate that the market believes analysts are underestimating its future growth since investors are willing to pay a bigger premium today.
- Investors are most pessimistic about the Diversified Real Estate industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 12.0x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 26% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Diversified Real Estate industry is expected to see its earnings grow by 17% 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 | |
|---|---|---|---|---|---|
| RISE Jaya Sukses Makmur Sentosa | Rp466.00 | 13.7% +Rp612.9b | 5.9% | PB2.5x | |
| LPCK Lippo Cikarang | Rp1.25k | 7.3% +Rp227.8b | -7.4% | PB0.5x | |
| RODA Pikko Land Development | Rp83.00 | 20.3% +Rp190.3b | 7.8% | PB0.5x | |
| LAND Trimitra Propertindo | Rp152.00 | 49.0% +Rp139.6b | 33.3% | PB0.9x | |
| NIRO City Retail Developments | Rp145.00 | 4.3% +Rp133.2b | 0% | PB1.4x |