Indonesian (IDX) Market Analysis & Valuation
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies814
- 7D-0.8%
- 3M-1.1%
- 1Y-3.6%
- YTD4.9%
Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. Unfortunately though, the market is down 3.6% over the past year. Earnings are forecast to grow by 15% annually.
Market Valuation and Performance
Has the Indonesian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | Rp10411.6t | Rp5007.8t | Rp615.2t | 15.2x | 16.9x | 2.1x |
| Thu, 28 Sep 2023 | Rp10159.8t | Rp4985.9t | Rp619.0t | 15.9x | 16.4x | 2x |
| Sat, 26 Aug 2023 | Rp10032.0t | Rp4979.2t | Rp620.2t | 15.9x | 16.2x | 2x |
| Mon, 24 Jul 2023 | Rp9811.0t | Rp4967.0t | Rp625.7t | 16.5x | 15.7x | 2x |
| Wed, 21 Jun 2023 | Rp9330.5t | Rp4908.0t | Rp604.5t | 15.6x | 15.4x | 1.9x |
| Fri, 19 May 2023 | Rp9334.0t | Rp4887.5t | Rp604.5t | 16.1x | 15.4x | 1.9x |
| Sun, 16 Apr 2023 | Rp9459.0t | Rp4777.2t | Rp608.2t | 15.1x | 15.6x | 2x |
| Tue, 14 Mar 2023 | Rp9246.6t | Rp4757.2t | Rp638.7t | 14.3x | 14.5x | 1.9x |
| Thu, 09 Feb 2023 | Rp9374.3t | Rp4667.3t | Rp630.4t | 14.4x | 14.9x | 2x |
| Sat, 07 Jan 2023 | Rp9060.6t | Rp4660.6t | Rp626.8t | 14.1x | 14.5x | 1.9x |
| Mon, 05 Dec 2022 | Rp9339.8t | Rp4627.4t | Rp627.4t | 14.7x | 14.9x | 2x |
| Wed, 02 Nov 2022 | Rp9180.7t | Rp4460.2t | Rp601.8t | 15.7x | 15.3x | 2.1x |
| Fri, 30 Sep 2022 | Rp9075.4t | Rp4362.9t | Rp570.5t | 16.4x | 15.9x | 2.1x |
| Sun, 28 Aug 2022 | Rp9105.5t | Rp4227.2t | Rp541.2t | 15.8x | 16.8x | 2.2x |
| Tue, 26 Jul 2022 | Rp8842.4t | Rp4094.3t | Rp527.6t | 16.1x | 16.8x | 2.2x |
| Thu, 23 Jun 2022 | Rp8916.7t | Rp4053.7t | Rp519.2t | 16.3x | 17.2x | 2.2x |
| Sat, 21 May 2022 | Rp8897.4t | Rp3959.8t | Rp500.1t | 18.5x | 17.8x | 2.2x |
| Mon, 18 Apr 2022 | Rp9237.1t | Rp3820.1t | Rp437.6t | 19.7x | 21.1x | 2.4x |
| Wed, 16 Mar 2022 | Rp8494.2t | Rp3681.8t | Rp412.3t | 20.7x | 20.6x | 2.3x |
| Fri, 11 Feb 2022 | Rp8380.1t | Rp3609.2t | Rp379.3t | 21x | 22.1x | 2.3x |
| Sun, 09 Jan 2022 | Rp8258.1t | Rp3544.2t | Rp359.2t | 21.3x | 23x | 2.3x |
| Tue, 07 Dec 2021 | Rp7914.4t | Rp3487.2t | Rp352.7t | 20.5x | 22.4x | 2.3x |
| Thu, 04 Nov 2021 | Rp7809.3t | Rp3400.3t | Rp317.4t | 20.3x | 24.6x | 2.3x |
| Sat, 02 Oct 2021 | Rp7480.2t | Rp3313.3t | Rp290.1t | 21.3x | 25.8x | 2.3x |
| Mon, 30 Aug 2021 | Rp7332.1t | Rp3320.0t | Rp290.2t | 21.5x | 25.3x | 2.2x |
| Tue, 06 Jul 2021 | Rp7031.5t | Rp3316.6t | Rp291.2t | 19.7x | 24.1x | 2.1x |
| Fri, 09 Apr 2021 | Rp6984.2t | Rp3127.7t | Rp237.0t | 21.3x | 29.5x | 2.2x |
| Thu, 31 Dec 2020 | Rp6899.6t | Rp3071.2t | Rp213.6t | 25.5x | 32.3x | 2.2x |
Price to Earnings Ratio
33.3x
Current Market PE
- Investors are pessimistic on the Indonesian market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 16.9x which is lower than its 3-year average PE of 21.3x.
Past Earnings Growth
- The earnings for Indonesian listed companies have grown 36% per year over the last three years.
- Revenues for these companies have grown 16% 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 | -0.84% | |
| Consumer Staples | 1.02% | |
| Utilities | 0.52% | |
| Healthcare | 0.18% | |
| Materials | 0.023% | |
| Industrials | -0.37% | |
| Consumer Discretionary | -0.98% | |
| Real Estate | -1.06% | |
| Tech | -1.33% | |
| Financials | -1.34% | |
| Energy | -1.74% | |
| Telecom | -2.76% | |
Sector PE
- Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 18.4x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 11.0%, which is higher than its past year's earnings growth of 0.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 48% over the next 5 years.
- This is better than its past earnings growth rate of 26% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 21% 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 | |
|---|---|---|---|---|---|---|
| BREN Barito Renewables Energy | Rp4.50k | 20.3% +Rp101.7t | n/a | n/a | Utilities | |
| CUAN Petrindo Jaya Kreasi | Rp5.20k | 85.7% +Rp27.0t | n/a | n/a | Energy | |
| TPIA PT. Chandra Asri Petrochemical | Rp2.82k | 7.2% +Rp16.4t | 15.6% | PS7.3x | Materials | |
| AMMN Amman Mineral Internasional | Rp6.75k | 2.7% +Rp12.6t | n/a | PE47.1x | Materials | |
| ASII Astra International | Rp5.80k | 3.6% +Rp8.1t | -12.8% | PE8.3x | Industrials |
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