Indonesian (IDX) Food Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies77
- 7D-0.6%
- 3M-0.4%
- 1Y-4.1%
- YTD-0.9%
The Food is pretty flat in the last 7 days, but Cisarua Mountain Dairy has stood out, gaining 5.1%. Unfortunately though, the industry is down 3.6% over the past 12 months. Earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Indonesian Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | Rp594.5t | Rp648.7t | Rp36.6t | 14.5x | 16.3x | 0.9x |
| Tue, 16 Apr 2024 | Rp606.8t | Rp642.4t | Rp37.1t | 16.9x | 16.4x | 0.9x |
| Thu, 14 Mar 2024 | Rp596.8t | Rp640.2t | Rp41.0t | 15x | 14.6x | 0.9x |
| Sat, 10 Feb 2024 | Rp591.3t | Rp640.6t | Rp40.9t | 15.7x | 14.5x | 0.9x |
| Mon, 08 Jan 2024 | Rp592.6t | Rp640.7t | Rp40.7t | 14.7x | 14.6x | 0.9x |
| Wed, 06 Dec 2023 | Rp590.5t | Rp638.5t | Rp40.4t | 15.7x | 14.6x | 0.9x |
| Fri, 03 Nov 2023 | Rp597.8t | Rp642.4t | Rp41.3t | 16.6x | 14.5x | 0.9x |
| Sun, 01 Oct 2023 | Rp619.1t | Rp638.7t | Rp40.6t | 17.8x | 15.3x | 1x |
| Tue, 29 Aug 2023 | Rp629.3t | Rp637.3t | Rp40.6t | 18.7x | 15.5x | 1x |
| Thu, 27 Jul 2023 | Rp628.6t | Rp643.9t | Rp41.5t | 18.1x | 15.1x | 1x |
| Sat, 24 Jun 2023 | Rp625.9t | Rp643.2t | Rp41.6t | 18.1x | 15.1x | 1x |
| Mon, 22 May 2023 | Rp615.5t | Rp643.4t | Rp42.7t | 17.2x | 14.4x | 1x |
| Wed, 19 Apr 2023 | Rp599.9t | Rp642.0t | Rp44.6t | 16.5x | 13.5x | 0.9x |
| Fri, 17 Mar 2023 | Rp591.1t | Rp632.3t | Rp46.2t | 13.6x | 12.8x | 0.9x |
| Sun, 12 Feb 2023 | Rp627.3t | Rp630.6t | Rp46.4t | 14.7x | 13.5x | 1x |
| Tue, 10 Jan 2023 | Rp625.1t | Rp630.8t | Rp46.4t | 14.5x | 13.5x | 1x |
| Thu, 08 Dec 2022 | Rp615.5t | Rp631.5t | Rp46.5t | 13.7x | 13.2x | 1x |
| Sat, 05 Nov 2022 | Rp611.2t | Rp608.1t | Rp46.7t | 13.9x | 13.1x | 1x |
| Mon, 03 Oct 2022 | Rp577.9t | Rp602.6t | Rp47.1t | 14.1x | 12.3x | 1x |
| Wed, 31 Aug 2022 | Rp601.3t | Rp596.8t | Rp50.1t | 14.1x | 12x | 1x |
| Fri, 29 Jul 2022 | Rp608.0t | Rp580.9t | Rp48.9t | 13.2x | 12.4x | 1x |
| Sun, 26 Jun 2022 | Rp602.8t | Rp569.5t | Rp48.1t | 13.1x | 12.5x | 1.1x |
| Tue, 24 May 2022 | Rp568.9t | Rp558.8t | Rp46.4t | 12.9x | 12.3x | 1x |
| Thu, 21 Apr 2022 | Rp556.9t | Rp545.4t | Rp44.2t | 12.9x | 12.6x | 1x |
| Sat, 19 Mar 2022 | Rp558.8t | Rp520.1t | Rp44.4t | 12.9x | 12.6x | 1.1x |
| Mon, 14 Feb 2022 | Rp556.1t | Rp511.6t | Rp43.3t | 13.5x | 12.9x | 1.1x |
| Wed, 12 Jan 2022 | Rp565.8t | Rp511.6t | Rp43.3t | 14x | 13.1x | 1.1x |
| Fri, 10 Dec 2021 | Rp564.4t | Rp507.3t | Rp42.6t | 13.2x | 13.2x | 1.1x |
| Sun, 07 Nov 2021 | Rp547.6t | Rp480.8t | Rp37.6t | 14x | 14.6x | 1.1x |
| Tue, 05 Oct 2021 | Rp532.7t | Rp463.4t | Rp36.1t | 13.6x | 14.7x | 1.1x |
| Thu, 02 Sep 2021 | Rp515.5t | Rp463.4t | Rp36.1t | 13.3x | 14.3x | 1.1x |
| Sat, 31 Jul 2021 | Rp503.2t | Rp463.4t | Rp36.1t | 13.3x | 13.9x | 1.1x |
Price to Earnings Ratio
16.2x
Current Industry PE
- Investors are optimistic on the Indonesian Food industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 16.4x which is higher than its 3-year average PE of 13.9x.
- The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Food industry have grown 3.2% 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.
Industry Trends
Which industries have driven the changes within the Indonesian Consumer Staples industry?
| ID Market | 4.21% | |
| Consumer Staples | 0.58% | |
| Food | -0.63% | |
| Agricultural Products | 0.22% | |
| Packaged Foods and Meats | -1.02% | |
Industry PE
- Investors are most optimistic about the Agricultural Products industry, which is trading close to its 3-year average PE ratio of 17.2x.
- Analysts are expecting annual earnings growth of 18.7%, which is higher than its past year's earnings decline of 10.7% per year.
- Investors are most pessimistic about the Packaged Foods and Meats industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 13.0x.
Forecasted Growth
- Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings decline of 11% per year.
- In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| JPFA Japfa Comfeed Indonesia | Rp1.46k | 13.6% +Rp2.0t | 24.8% | PE9.2x | |
| CMRY Cisarua Mountain Dairy | Rp4.98k | 1.6% +Rp634.8b | 14.5% | PE29.7x | |
| STAA Sumber Tani Agung Resources | Rp780.00 | 4.0% +Rp327.1b | -17.9% | PE11.6x | |
| SMAR Sinar Mas Agro Resources and Technology | Rp3.65k | 2.0% +Rp201.1b | -24.3% | PE11.4x | |
| SSMS Sawit Sumbermas Sarana | Rp1.01k | 2.0% +Rp190.5b | -36.9% | PE17.6x |