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Indonesian (IDX) Market Analysis & Valuation
UpdatedSep 29, 2024
DataAggregated Company Financials
Companies841
- 7D-1.0%
- 3M5.3%
- 1Y14.2%
- YTD8.6%
Over the last 7 days, the market has dropped 1.1%, driven by a loss of 17% in the Utilities sector. Meanwhile, the Materials sector has outperformed, gaining 3.4% in that time. In the last year, the market is actually up 14%. As for the next few years, earnings are expected to grow by 20% per annum.
Market Valuation and Performance
Has the Indonesian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 29 Sep 2024 | Rp12719.1t | Rp4931.8t | Rp523.6t | 16x | 24.3x | 2.6x |
| Tue, 27 Aug 2024 | Rp12625.1t | Rp4964.9t | Rp502.7t | 15.3x | 25.1x | 2.5x |
| Thu, 25 Jul 2024 | Rp12241.4t | Rp4967.0t | Rp495.9t | 15x | 24.7x | 2.5x |
| Sat, 22 Jun 2024 | Rp11519.6t | Rp5012.6t | Rp502.4t | 13.6x | 22.9x | 2.3x |
| Mon, 20 May 2024 | Rp12297.6t | Rp4979.0t | Rp503.5t | 14.6x | 24.4x | 2.5x |
| Wed, 17 Apr 2024 | Rp11738.8t | Rp4960.0t | Rp524.2t | 15.4x | 22.4x | 2.4x |
| Fri, 15 Mar 2024 | Rp11727.2t | Rp4867.6t | Rp598.0t | 14.4x | 19.6x | 2.4x |
| Sun, 11 Feb 2024 | Rp11343.0t | Rp4917.6t | Rp596.4t | 15.2x | 19x | 2.3x |
| Tue, 09 Jan 2024 | Rp11495.4t | Rp4933.7t | Rp582.8t | 15x | 19.7x | 2.3x |
| Thu, 07 Dec 2023 | Rp11073.7t | Rp4915.7t | Rp586.0t | 15x | 18.9x | 2.3x |
| Sat, 04 Nov 2023 | Rp10374.2t | Rp4987.7t | Rp616.7t | 14.9x | 16.8x | 2.1x |
| Mon, 02 Oct 2023 | Rp10159.9t | Rp4982.2t | Rp616.7t | 16.1x | 16.5x | 2x |
| Wed, 30 Aug 2023 | Rp10075.4t | Rp4975.2t | Rp619.8t | 15.9x | 16.3x | 2x |
| Fri, 28 Jul 2023 | Rp9874.6t | Rp4972.1t | Rp628.9t | 16.5x | 15.7x | 2x |
| Sun, 25 Jun 2023 | Rp9316.2t | Rp4903.7t | Rp605.1t | 15.7x | 15.4x | 1.9x |
| Tue, 23 May 2023 | Rp9375.2t | Rp4885.0t | Rp604.4t | 16x | 15.5x | 1.9x |
| Thu, 20 Apr 2023 | Rp9568.0t | Rp4793.6t | Rp609.5t | 15.1x | 15.7x | 2x |
| Sat, 18 Mar 2023 | Rp8977.2t | Rp4764.5t | Rp630.3t | 13.9x | 14.2x | 1.9x |
| Mon, 13 Feb 2023 | Rp9315.3t | Rp4690.9t | Rp629.5t | 14.4x | 14.8x | 2x |
| Wed, 11 Jan 2023 | Rp8974.6t | Rp4662.1t | Rp627.4t | 14.1x | 14.3x | 1.9x |
| Fri, 09 Dec 2022 | Rp9150.2t | Rp4657.1t | Rp631.3t | 14.1x | 14.5x | 2x |
| Sun, 06 Nov 2022 | Rp9160.4t | Rp4517.0t | Rp608.3t | 15.4x | 15.1x | 2x |
| Tue, 04 Oct 2022 | Rp9049.4t | Rp4362.7t | Rp570.5t | 16.4x | 15.9x | 2.1x |
| Thu, 01 Sep 2022 | Rp9152.7t | Rp4250.5t | Rp552.3t | 16x | 16.6x | 2.2x |
| Sat, 30 Jul 2022 | Rp8947.7t | Rp3991.4t | Rp489.2t | 15.9x | 18.3x | 2.2x |
| Mon, 27 Jun 2022 | Rp8955.7t | Rp4054.4t | Rp520.9t | 16.3x | 17.2x | 2.2x |
| Wed, 25 May 2022 | Rp8979.6t | Rp3973.5t | Rp503.9t | 18.4x | 17.8x | 2.3x |
| Fri, 22 Apr 2022 | Rp9341.8t | Rp3823.9t | Rp440.0t | 19.9x | 21.2x | 2.4x |
| Sun, 20 Mar 2022 | Rp8551.0t | Rp3689.5t | Rp418.5t | 21x | 20.4x | 2.3x |
| Tue, 15 Feb 2022 | Rp8262.5t | Rp3601.6t | Rp382.0t | 20.8x | 21.6x | 2.3x |
| Thu, 13 Jan 2022 | Rp8123.2t | Rp3543.0t | Rp359.1t | 21.4x | 22.6x | 2.3x |
| Sat, 11 Dec 2021 | Rp8118.6t | Rp3504.5t | Rp356.8t | 21.3x | 22.8x | 2.3x |
| Mon, 08 Nov 2021 | Rp7845.0t | Rp3440.1t | Rp324.7t | 20.5x | 24.2x | 2.3x |
| Wed, 06 Oct 2021 | Rp7476.4t | Rp3312.5t | Rp293.5t | 21.3x | 25.5x | 2.3x |
Price to Earnings Ratio
25.5x
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 24.4x which is higher than its 3-year average PE of 19.0x.
Past Earnings Growth
- The earnings for Indonesian listed companies have grown 21% per year over the last three years.
- Revenues for these companies have grown 14% 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 Market | -1.03% | |
| Energy | 3.69% | |
| Materials | 3.60% | |
| Consumer Staples | 2.84% | |
| Healthcare | 2.01% | |
| Consumer Discretionary | 1.83% | |
| Real Estate | 0.45% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Telecom | -0.70% | |
| Tech | -0.94% | |
| Industrials | -1.19% | |
| Financials | -2.06% | |
| Utilities | -17.23% | |
Sector PE
- Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 57.5x.
- Analysts are expecting annual earnings growth of 2.2%, 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 85% over the next 5 years.
- This is better than its past earnings decline of 1.3% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 5.0% 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 | Sector | |
|---|---|---|---|---|---|---|
| TPIA Chandra Asri Pacific | Rp8.88k | 10.2% +Rp71.4t | 250.8% | PS26x | Materials | |
| PANI Pantai Indah Kapuk Dua | Rp12.00k | 18.8% +Rp32.1t | 148.4% | PE589.2x | Materials | |
| BYAN Bayan Resources | Rp17.23k | 4.1% +Rp22.5t | -8.7% | PE42.6x | Energy | |
| HMSP Hanjaya Mandala Sampoerna | Rp770.00 | 14.9% +Rp11.6t | -11.0% | PE11.7x | Consumer Staples | |
| MDKA Merdeka Copper Gold | Rp2.70k | 19.5% +Rp10.7t | -6.3% | PS2.1x | Materials |
