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Indonesian (IDX) Market Analysis & Valuation

UpdatedNov 26, 2024
DataAggregated Company Financials
Companies846
  • 7D2.4%
  • 3M-5.1%
  • 1Y9.7%
  • YTD3.2%

Over the last 7 days, the market has risen 2.4%, driven by gains in every sector, especially the Financials sector. In the last year, the market has climbed 9.7%. Earnings are forecast to grow by 19% annually.

Market Valuation and Performance

Has the Indonesian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 Nov 2024Rp12080.2tRp5060.7tRp545.4t14.8x22.2x2.4x
Thu, 24 Oct 2024Rp12816.1tRp4967.7tRp526.8t16.2x24.3x2.6x
Sat, 21 Sep 2024Rp13321.6tRp4942.5tRp524.2t15.8x25.4x2.7x
Mon, 19 Aug 2024Rp12393.1tRp4972.9tRp503.9t15.1x24.6x2.5x
Wed, 17 Jul 2024Rp12237.6tRp4961.1tRp495.6t14.8x24.7x2.5x
Fri, 14 Jun 2024Rp11513.2tRp4999.9tRp500.9t14.1x23x2.3x
Sun, 12 May 2024Rp11776.9tRp4993.6tRp511.2t14.8x23x2.4x
Tue, 09 Apr 2024Rp11692.0tRp4915.4tRp521.9t15.2x22.4x2.4x
Thu, 07 Mar 2024Rp11559.3tRp4896.4tRp592.7t14.4x19.5x2.4x
Sat, 03 Feb 2024Rp11275.2tRp4972.7tRp595.9t14.7x18.9x2.3x
Mon, 01 Jan 2024Rp11538.2tRp4923.7tRp583.5t15x19.8x2.3x
Wed, 29 Nov 2023Rp11004.4tRp4959.2tRp601.8t15x18.3x2.2x
Fri, 27 Oct 2023Rp10455.3tRp5011.8tRp612.1t15.3x17.1x2.1x
Sun, 24 Sep 2023Rp10259.7tRp4972.0tRp616.7t16.1x16.6x2.1x
Tue, 22 Aug 2023Rp9938.1tRp4992.9tRp628.6t16.2x15.8x2x
Thu, 20 Jul 2023Rp9739.9tRp4964.1tRp625.4t16.1x15.6x2x
Sat, 17 Jun 2023Rp9400.9tRp4902.6tRp603.6t15.7x15.6x1.9x
Mon, 15 May 2023Rp9388.8tRp4873.0tRp619.3t16.1x15.2x1.9x
Wed, 12 Apr 2023Rp9451.1tRp4769.3tRp604.5t14.5x15.6x2x
Fri, 10 Mar 2023Rp9256.1tRp4751.5tRp638.7t14.4x14.5x1.9x
Sun, 05 Feb 2023Rp9332.3tRp4658.4tRp628.3t14.4x14.9x2x
Tue, 03 Jan 2023Rp9285.7tRp4660.8tRp626.7t14.3x14.8x2x
Thu, 01 Dec 2022Rp9382.7tRp4638.1tRp628.6t14.4x14.9x2x
Sat, 29 Oct 2022Rp9240.9tRp4462.5tRp580.5t15.7x15.9x2.1x
Mon, 26 Sep 2022Rp9249.7tRp4353.0tRp569.3t16.9x16.2x2.1x
Wed, 24 Aug 2022Rp8988.8tRp4214.3tRp536.5t15.8x16.8x2.1x
Fri, 22 Jul 2022Rp8860.1tRp4098.7tRp528.1t15.8x16.8x2.2x
Sun, 19 Jun 2022Rp8887.3tRp4051.1tRp519.7t16.4x17.1x2.2x
Tue, 17 May 2022Rp8717.7tRp3958.4tRp499.8t18.8x17.4x2.2x
Thu, 14 Apr 2022Rp9267.9tRp3810.8tRp436.0t20.2x21.3x2.4x
Sat, 12 Mar 2022Rp8502.6tRp3677.9tRp411.5t20.3x20.7x2.3x
Mon, 07 Feb 2022Rp8260.0tRp3610.1tRp378.9t20.8x21.8x2.3x
Wed, 05 Jan 2022Rp8232.6tRp3536.7tRp359.5t21x22.9x2.3x
Fri, 03 Dec 2021Rp7970.7tRp3485.9tRp348.8t20.7x22.9x2.3x
Price to Earnings Ratio

22.9x


Total Market Cap: Rp7970.7tTotal Earnings: Rp348.8tTotal Revenue: Rp3485.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Market Price to Earnings3Y Average 18.9x202220232024
Current Market PE
  • Investors are optimistic on the Indonesian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 22.2x which is higher than its 3-year average PE of 18.9x.
Past Earnings Growth
  • The earnings for Indonesian listed companies have grown 16% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Indonesian Market?

ID Market2.39%
Energy5.06%
Consumer Discretionary4.59%
Tech4.24%
Telecom3.72%
Utilities3.30%
Industrials3.04%
Financials2.28%
Materials0.82%
Healthcare0.46%
Real Estate0.21%
Consumer Staples0.046%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Sector PE
  • Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 52.9x.
    • Analysts are expecting annual earnings growth of 0.07%, which is lower than the prior year's growth of 7.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 82% over the next 5 years.
  • This is better than its past earnings growth rate of 6.0% per year.
  • In contrast, the Energy sector is expected to see its earnings decline by 8.4% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
BYAN Bayan ResourcesRp19.70k9.4%
+Rp56.7t
1.5%PE43.6xEnergy
TPIA Chandra Asri PacificRp7.25k7.8%
+Rp45.4t
155.3%PS22.9xMaterials
BREN Barito Renewables EnergyRp6.90k3.4%
+Rp30.1t
16.0%PE533.6xUtilities
BMRI Bank Mandiri (Persero)Rp6.58k4.0%
+Rp23.3t
11.4%PB2.3xFinancials
BBCA Bank Central AsiaRp10.18k1.8%
+Rp21.6t
14.6%PB4.9xFinancials
See more
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Market Insights

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BBCA

Rp10,175.00

Bank Central Asia

7D

1.8%

1Y

14.6%

PNBN

Rp1,765.00

Bank Pan Indonesia

7D

-4.3%

1Y

57.6%

MLPT

Rp24,350.00

Multipolar Technology

7D

-5.4%

1Y

1,398.5%

TPIA

Rp7,250.00

Chandra Asri Pacific

7D

7.8%

1Y

155.3%

BRMS

Rp422.00

Bumi Resources Minerals

7D

-6.2%

1Y

111.0%

BREN

Rp6,900.00

Barito Renewables Energy

7D

3.4%

1Y

16.0%

BMRI

Rp6,575.00

Bank Mandiri (Persero)

7D

4.0%

1Y

11.4%

BBRI

Rp4,470.00

Bank Rakyat Indonesia (Persero)

7D

2.8%

1Y

-16.4%

DCII

Rp44,775.00

DCI Indonesia

7D

10.3%

1Y

4.4%

BNLI

Rp1,000.00

Bank Permata

7D

-7.4%

1Y

7.5%

BMAS

Rp590.00

Bank Maspion Indonesia

7D

-22.4%

1Y

-5.6%

BYAN

Rp19,700.00

Bayan Resources

7D

9.4%

1Y

1.5%

SRAJ

Rp2,990.00

Sejahteraraya Anugrahjaya

7D

-8.0%

1Y

917.0%

BUMI

Rp146.00

Bumi Resources

7D

-4.6%

1Y

36.4%

AMMN

Rp9,100.00

Amman Mineral Internasional

7D

-4.5%

1Y

20.5%