Indonesian (IDX) Capital Markets Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies16
- 7D1.4%
- 3M-5.9%
- 1Y-8.8%
- YTD-5.2%
The Capital Markets is pretty flat in the last 7 days, but Saratoga Investama Sedaya has stood out, gaining 3.8%. Unfortunately though, the industry is down 9.8% over the past 12 months. Earnings are forecast to grow by 127% annually.
Industry Valuation and Performance
Has the Indonesian Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | Rp32.9t | Rp6.1t | Rp758.2b | 29.5x | 43.3x | 5.4x |
| Tue, 16 Apr 2024 | Rp32.8t | Rp6.2t | Rp710.9b | 30.9x | 46.2x | 5.3x |
| Thu, 14 Mar 2024 | Rp32.7t | Rp6.2t | Rp904.5b | 21.1x | 36.2x | 5.3x |
| Sat, 10 Feb 2024 | Rp35.3t | Rp6.1t | Rp840.9b | 24.9x | 41.9x | 5.7x |
| Mon, 08 Jan 2024 | Rp35.1t | Rp6.2t | Rp842.3b | 22.7x | 41.7x | 5.7x |
| Wed, 06 Dec 2023 | Rp34.6t | Rp6.3t | Rp815.8b | 22.7x | 42.4x | 5.5x |
| Fri, 03 Nov 2023 | Rp32.3t | Rp6.2t | Rp738.4b | 22.7x | 43.8x | 5.2x |
| Sun, 01 Oct 2023 | Rp33.2t | Rp6.2t | Rp738.4b | 22.2x | 44.9x | 5.4x |
| Tue, 29 Aug 2023 | Rp33.6t | Rp6.2t | Rp762.9b | 22.3x | 44x | 5.4x |
| Thu, 27 Jul 2023 | Rp33.3t | Rp6.5t | Rp724.6b | 40.6x | 45.9x | 5.2x |
| Sat, 24 Jun 2023 | Rp32.6t | Rp6.5t | Rp723.4b | 23.2x | 45x | 5.1x |
| Mon, 22 May 2023 | Rp33.9t | Rp6.4t | Rp723.4b | 25.7x | 46.9x | 5.3x |
| Wed, 19 Apr 2023 | Rp59.9t | Rp13.0t | Rp5.2t | 24.3x | 11.5x | 4.6x |
| Fri, 17 Mar 2023 | Rp59.1t | Rp13.2t | Rp5.7t | 11.9x | 10.3x | 4.5x |
| Sun, 12 Feb 2023 | Rp65.5t | Rp27.2t | Rp19.1t | 18x | 3.4x | 2.4x |
| Tue, 10 Jan 2023 | Rp66.1t | Rp27.2t | Rp19.1t | 16.4x | 3.5x | 2.4x |
| Thu, 08 Dec 2022 | Rp71.2t | Rp27.2t | Rp19.3t | 18.7x | 3.7x | 2.6x |
| Sat, 05 Nov 2022 | Rp70.0t | Rp27.7t | Rp19.3t | 20.2x | 3.6x | 2.5x |
| Mon, 03 Oct 2022 | Rp73.0t | Rp21.3t | Rp13.5t | 30.7x | 5.4x | 3.4x |
| Wed, 31 Aug 2022 | Rp73.1t | Rp33.5t | Rp13.2t | 26.6x | 5.5x | 2.2x |
| Fri, 29 Jul 2022 | Rp70.0t | Rp47.5t | Rp27.7t | 29.3x | 2.5x | 1.5x |
| Sun, 26 Jun 2022 | Rp71.9t | Rp44.6t | Rp27.8t | 31.3x | 2.6x | 1.6x |
| Tue, 24 May 2022 | Rp82.2t | Rp44.0t | Rp27.8t | 36.1x | 3x | 1.9x |
| Thu, 21 Apr 2022 | Rp90.2t | Rp44.2t | Rp25.6t | 30.5x | 3.5x | 2x |
| Sat, 19 Mar 2022 | Rp80.1t | Rp44.2t | Rp25.6t | 35.5x | 3.1x | 1.8x |
| Mon, 14 Feb 2022 | Rp77.1t | Rp40.7t | Rp22.4t | 36.3x | 3.4x | 1.9x |
| Wed, 12 Jan 2022 | Rp72.3t | Rp40.3t | Rp22.6t | 32.3x | 3.2x | 1.8x |
| Fri, 10 Dec 2021 | Rp68.6t | Rp44.5t | Rp27.0t | 28.7x | 2.5x | 1.5x |
| Sun, 07 Nov 2021 | Rp61.1t | Rp44.1t | Rp27.0t | 23.2x | 2.3x | 1.4x |
| Tue, 05 Oct 2021 | Rp61.6t | Rp44.5t | Rp27.0t | 34.4x | 2.3x | 1.4x |
| Thu, 02 Sep 2021 | Rp57.3t | Rp44.5t | Rp27.0t | 31.6x | 2.1x | 1.3x |
| Sat, 31 Jul 2021 | Rp55.6t | Rp44.5t | Rp27.0t | 21.2x | 2.1x | 1.3x |
Price to Earnings Ratio
2.7x
Current Industry PE
- Investors are optimistic on the Indonesian Capital Markets industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 43.5x which is higher than its 3-year average PE of 17.7x.
- The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 5.4x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have declined 64% per year over the last three years,
- Revenues have also declined 44% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Indonesian Financials industry?
| ID Market | 4.21% | |
| Financials | 3.87% | |
| Capital Markets | 1.36% | |
| Asset Management | 3.42% | |
| Financial Exchanges and Data | 0% | |
| Diversified Capital Markets | 0% | |
| Investment Banking and Brokerage | -0.83% | |
Industry PE
- Investors are most optimistic about the Investment Banking and Brokerage industry even though it's trading below its 3-year average PE ratio of 81.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Asset Management industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 16.2x.
Forecasted Growth
- Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 127% over the next 5 years.
- This is better than its past earnings growth rate of 56% per year.
- In contrast, the Asset Management industry is expected to see its earnings grow by 127% 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 | |
|---|---|---|---|---|---|
| SRTG Saratoga Investama Sedaya | Rp1.55k | 5.8% +Rp1.2t | -9.1% | PB0.5x | |
| TRIM Trimegah Sekuritas Indonesia | Rp264.00 | 2.3% +Rp42.7b | 33.3% | PE11.6x | |
| PANS Panin Sekuritas | Rp1.67k | 1.8% +Rp21.3b | -2.6% | PE9.1x | |
| YULE Yulie Sekuritas Indonesia | Rp2.36k | 0.4% +Rp15.8b | 11.8% | PE137.2x | |
| SFAN Surya Fajar Capital | Rp1.83k | 0.6% +Rp13.6b | 4.0% | PS170.2x |