Header cover image

Indonesian (IDX) Real Estate Development Industry Analysis

UpdatedDec 01, 2023
DataAggregated Company Financials
Companies60
  • 7D-1.6%
  • 3M-12.4%
  • 1Y3.0%
  • YTD-1.7%

Over the last 7 days, the Real Estate Development industry has dropped 2.2%, driven by Maha Properti Indonesia declining 7.9%. Meanwhile, Perintis Triniti Properti actually outperformed within the industry, gaining 77% in the last week. Over the past 12 months, the industry was up 3.2%. As for the next few years, earnings are expected to grow by 8.6% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Dec 2023Rp181.1tRp73.7tRp11.7t14.2x15.4x2.5x
Sun, 29 Oct 2023Rp175.3tRp73.6tRp11.1t14x15.8x2.4x
Tue, 26 Sep 2023Rp179.5tRp76.4tRp12.4t15.6x14.5x2.3x
Thu, 24 Aug 2023Rp204.3tRp76.7tRp12.9t14.4x15.9x2.7x
Sat, 22 Jul 2023Rp194.4tRp74.3tRp11.3t31.9x17.1x2.6x
Mon, 19 Jun 2023Rp178.0tRp74.3tRp11.4t16.5x15.7x2.4x
Wed, 17 May 2023Rp170.5tRp74.2tRp11.2t33.5x15.2x2.3x
Fri, 14 Apr 2023Rp162.3tRp72.9tRp8.9t21.6x18.3x2.2x
Sun, 12 Mar 2023Rp159.8tRp72.1tRp9.1t21.1x17.6x2.2x
Tue, 07 Feb 2023Rp169.9tRp72.2tRp9.1t22.5x18.7x2.4x
Thu, 05 Jan 2023Rp173.1tRp72.4tRp9.2t21.6x18.9x2.4x
Sat, 03 Dec 2022Rp167.3tRp72.2tRp9.1t22.6x18.4x2.3x
Mon, 31 Oct 2022Rp154.5tRp66.3tRp5.2t25.1x29.5x2.3x
Wed, 28 Sep 2022Rp154.2tRp66.6tRp5.4t24.4x28.4x2.3x
Fri, 26 Aug 2022Rp152.4tRp67.1tRp5.3t36.4x28.8x2.3x
Sun, 24 Jul 2022Rp146.7tRp66.6tRp4.7t37.5x30.9x2.2x
Tue, 21 Jun 2022Rp145.4tRp66.9tRp4.8t24.8x30.4x2.2x
Thu, 19 May 2022Rp147.6tRp67.0tRp2.6t50.3x56.8x2.2x
Sat, 16 Apr 2022Rp150.1tRp65.8tRp2.8t34.9x54.2x2.3x
Mon, 14 Mar 2022Rp162.7tRp66.5t-Rp2,096,114,484,662.0032.9x-77.6x2.4x
Wed, 09 Feb 2022Rp158.2tRp65.5t-Rp2,262,923,186,964.0038x-69.9x2.4x
Fri, 07 Jan 2022Rp165.5tRp65.5t-Rp2,237,076,733,303.0036.8x-74x2.5x
Sun, 05 Dec 2021Rp173.9tRp64.2t-Rp1,483,990,882,405.0043.1x-117.2x2.7x
Tue, 02 Nov 2021Rp194.6tRp61.0t-Rp3,604,387,347,907.0043.7x-54x3.2x
Thu, 30 Sep 2021Rp178.2tRp60.3t-Rp3,892,666,022,200.0046x-45.8x3x
Sat, 28 Aug 2021Rp186.3tRp60.9t-Rp5,011,170,617,636.0036x-37.2x3.1x
Sun, 04 Jul 2021Rp176.4tRp60.9t-Rp5,011,170,617,636.0038.4x-35.2x2.9x
Wed, 07 Apr 2021Rp207.3tRp56.7t-Rp4,046,936,493,724.0041.5x-51.2x3.7x
Sat, 09 Jan 2021Rp226.6tRp56.4t-Rp8,320,862,377,573.0045.7x-27.2x4x
Price to Earnings Ratio

-233.3x


Total Market Cap: Rp221.9tTotal Earnings: -Rp951,123,488,101.00Total Revenue: Rp55.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Real Estate Development Industry Price to Earnings3Y Average -10.2x202120222023
Current Industry PE
  • Investors are pessimistic on the Indonesian Real Estate Development 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 15.6x which is higher than its 3-year average PE of -16.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.7x.
Past Earnings Growth
  • Total earnings for the Real Estate Development industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 9.9% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Indonesian Real Estate Development compare with similar industries?

ID Market1.43%
Real Estate-1.51%
Real Estate-1.51%
Real Estate Development-1.57%
Real Estate Operating Companies-0.79%
Diversified Real Estate-1.74%
Real Estate Services-2.70%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CTRA Ciputra DevelopmentRp1.15k2.7%
+Rp556.1b
13.9%PE14x
SMRA Summarecon AgungRp615.003.4%
+Rp330.2b
-3.1%PE12.6x
DMAS Puradelta LestariRp174.002.4%
+Rp192.8b
7.4%PE7.2x
POLL Pollux Properties IndonesiaRp158.006.0%
+Rp74.9b
-42.3%PE14.6x
LPKR Lippo KarawaciRp87.001.2%
+Rp70.9b
-8.4%PE273.6x
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

URBN

Rp157.00

Urban Jakarta Propertindo

7D

-12.8%

1Y

-13.3%

TRIN

Rp185.00

Perintis Triniti Properti

7D

-6.1%

1Y

-39.9%

PURI

Rp348.00

Puri Global Sukses

7D

-39.5%

1Y

1.2%

CTRA

Rp1,150.00

Ciputra Development

7D

2.7%

1Y

13.9%

SMRA

Rp615.00

Summarecon Agung

7D

3.4%

1Y

-3.1%

ASRI

Rp168.00

Alam Sutera Realty

7D

1.2%

1Y

-5.6%

LPKR

Rp87.00

Lippo Karawaci

7D

1.2%

1Y

-8.4%

DADA

Rp45.00

Diamond Citra Propertindo

7D

-10.0%

1Y

-10.0%

MKPI

Rp27,050.00

Metropolitan Kentjana

7D

-5.1%

1Y

18.6%

POLL

Rp158.00

Pollux Properties Indonesia

7D

6.0%

1Y

-42.3%

BSDE

Rp1,050.00

Bumi Serpong Damai

7D

-0.9%

1Y

13.5%

REAL

Rp41.00

Repower Asia Indonesia

7D

-18.0%

1Y

-18.0%

MTLA

Rp390.00

Metropolitan Land

7D

1.6%

1Y

6.6%

MPRO

Rp2,190.00

Maha Properti Indonesia

7D

-8.4%

1Y

33.9%

RISE

Rp995.00

Jaya Sukses Makmur Sentosa

7D

0.5%

1Y

-0.5%

DMAS

Rp174.00

Puradelta Lestari

7D

2.4%

1Y

7.4%