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Indonesian (IDX) Market Analysis & Valuation
UpdatedApr 03, 2025
DataAggregated Company Financials
Companies858
- 7D0.7%
- 3M-11.7%
- 1Y-6.5%
- YTD-11.5%
The market has been flat over the last week. The past year hasn't been profitable, with the market dropping 6.5%. As for the next few years, earnings are expected to grow by 22% 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 |
|---|---|---|---|---|---|---|
| Thu, 03 Apr 2025 | Rp10931.1t | Rp5162.7t | Rp633.9t | 14.3x | 17.2x | 2.1x |
| Sat, 01 Mar 2025 | Rp10702.9t | Rp5198.0t | Rp576.3t | 14.2x | 18.6x | 2.1x |
| Mon, 27 Jan 2025 | Rp12212.2t | Rp5151.7t | Rp575.5t | 15.2x | 21.2x | 2.4x |
| Wed, 25 Dec 2024 | Rp12057.0t | Rp5176.3t | Rp573.2t | 14.3x | 21x | 2.3x |
| Fri, 22 Nov 2024 | Rp11794.6t | Rp5064.8t | Rp545.5t | 14.8x | 21.6x | 2.3x |
| Sun, 20 Oct 2024 | Rp12806.2t | Rp4963.8t | Rp526.2t | 16.3x | 24.3x | 2.6x |
| Tue, 17 Sep 2024 | Rp13235.7t | Rp4962.1t | Rp506.4t | 15.7x | 26.1x | 2.7x |
| Thu, 15 Aug 2024 | Rp12433.4t | Rp4972.8t | Rp504.4t | 15x | 24.6x | 2.5x |
| Sat, 13 Jul 2024 | Rp12303.2t | Rp4958.3t | Rp495.2t | 14.8x | 24.8x | 2.5x |
| Mon, 10 Jun 2024 | Rp11363.9t | Rp4996.2t | Rp501.2t | 14.3x | 22.7x | 2.3x |
| Wed, 08 May 2024 | Rp11837.6t | Rp4994.9t | Rp510.9t | 15x | 23.2x | 2.4x |
| Fri, 05 Apr 2024 | Rp11547.3t | Rp4896.7t | Rp524.1t | 14.9x | 22x | 2.4x |
| Sun, 03 Mar 2024 | Rp11556.3t | Rp4903.3t | Rp597.6t | 14.6x | 19.3x | 2.4x |
| Tue, 30 Jan 2024 | Rp11237.0t | Rp4960.4t | Rp586.5t | 14.8x | 19.2x | 2.3x |
| Thu, 28 Dec 2023 | Rp11537.3t | Rp4925.2t | Rp583.6t | 14.8x | 19.8x | 2.3x |
| Sat, 25 Nov 2023 | Rp10950.6t | Rp4965.9t | Rp602.7t | 15.1x | 18.2x | 2.2x |
| Mon, 23 Oct 2023 | Rp10496.5t | Rp5004.9t | Rp611.8t | 15.3x | 17.2x | 2.1x |
| Wed, 20 Sep 2023 | Rp10194.8t | Rp4972.1t | Rp616.7t | 16x | 16.5x | 2.1x |
| Fri, 18 Aug 2023 | Rp9977.8t | Rp4993.5t | Rp628.4t | 15.9x | 15.9x | 2x |
| Sun, 16 Jul 2023 | Rp9784.0t | Rp4960.5t | Rp624.9t | 16x | 15.7x | 2x |
| Tue, 13 Jun 2023 | Rp9393.7t | Rp4895.6t | Rp602.8t | 15.7x | 15.6x | 1.9x |
| Thu, 11 May 2023 | Rp9509.8t | Rp4858.5t | Rp614.0t | 16x | 15.5x | 2x |
| Sat, 08 Apr 2023 | Rp9355.4t | Rp4771.7t | Rp605.2t | 14.1x | 15.5x | 2x |
| Mon, 06 Mar 2023 | Rp9272.4t | Rp4723.1t | Rp637.7t | 14.3x | 14.5x | 2x |
| Wed, 01 Feb 2023 | Rp9239.5t | Rp4638.0t | Rp626.1t | 14.1x | 14.8x | 2x |
| Fri, 30 Dec 2022 | Rp9296.0t | Rp4665.8t | Rp627.6t | 14.3x | 14.8x | 2x |
| Sun, 27 Nov 2022 | Rp9305.9t | Rp4627.1t | Rp623.6t | 14.3x | 14.9x | 2x |
| Tue, 25 Oct 2022 | Rp9139.7t | Rp4390.8t | Rp577.1t | 15.9x | 15.8x | 2.1x |
| Thu, 22 Sep 2022 | Rp9253.0t | Rp4346.2t | Rp568.8t | 16.4x | 16.3x | 2.1x |
| Sat, 20 Aug 2022 | Rp9156.1t | Rp4206.6t | Rp535.8t | 15.7x | 17.1x | 2.2x |
| Mon, 18 Jul 2022 | Rp8581.6t | Rp4088.8t | Rp526.4t | 15.7x | 16.3x | 2.1x |
| Wed, 15 Jun 2022 | Rp8932.1t | Rp4043.1t | Rp518.3t | 16.5x | 17.2x | 2.2x |
| Fri, 13 May 2022 | Rp8971.9t | Rp3940.6t | Rp495.9t | 19.2x | 18.1x | 2.3x |
| Sun, 10 Apr 2022 | Rp9218.0t | Rp3798.7t | Rp432.2t | 20.5x | 21.3x | 2.4x |
Price to Earnings Ratio
21.3x
Current Market PE
- Investors are relatively neutral on the Indonesian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 18.7x.
Past Earnings Growth
- The earnings for Indonesian listed companies have grown 14% per year over the last three years.
- Revenues for these companies have grown 11% 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 | 0.72% | |
| Materials | 2.15% | |
| Real Estate | 2.12% | |
| Healthcare | 1.11% | |
| Utilities | 0.79% | |
| Industrials | 0.61% | |
| Financials | 0.47% | |
| Consumer Staples | 0.39% | |
| Energy | 0.24% | |
| Consumer Discretionary | 0.11% | |
| Tech | 0.11% | |
| Telecom | -0.039% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 76.7x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 7.7% which is higher than its past year's earnings decline of 8.3% per year.
- The Real Estate sector is the least preferred by investors for future growth, which is trading below its 3-year average of 18.7x.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 71% over the next 5 years.
- This is better than its past earnings growth rate of 5.0% per year.
- In contrast, the Real Estate sector is expected to see its earnings decline by 9.1% 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 | |
|---|---|---|---|---|---|---|
| BMHS Bundamedik | Rp228.00 | 3.6% +Rp68.8b | -30.9% | PE150.3x | Healthcare | |
| SMIL Sarana Mitra Luas | Rp416.00 | 0% Rp33.3k | 188.9% | PE45.2x | Industrials |
