Indonesian (IDX) Industrials Sector Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies158
- 7D-1.3%
- 3M-11.1%
- 1Y-18.8%
- YTD-11.6%
Over the last 7 days, the Industrials industry has dropped 2.4%, driven by a pullback from Astra International of 4.0%. On the other hand Astrindo Nusantara Infrastruktur is actually up 30%. However, the industry is down 20% over the past year. Looking forward, earnings are expected to remain mostly flat in the next few years.
Sector Valuation and Performance
Has the Indonesian Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | Rp427.7t | Rp610.4t | Rp48.1t | 11.4x | 8.9x | 0.7x |
| Fri, 26 Apr 2024 | Rp448.1t | Rp587.8t | Rp57.9t | 10.5x | 7.7x | 0.8x |
| Sun, 24 Mar 2024 | Rp472.7t | Rp576.8t | Rp56.8t | 11.2x | 8.3x | 0.8x |
| Tue, 20 Feb 2024 | Rp449.8t | Rp599.9t | Rp48.9t | 11x | 9.2x | 0.7x |
| Thu, 18 Jan 2024 | Rp467.1t | Rp616.1t | Rp47.1t | 11.1x | 9.9x | 0.8x |
| Sat, 16 Dec 2023 | Rp471.8t | Rp615.6t | Rp47.1t | 10.6x | 10x | 0.8x |
| Mon, 13 Nov 2023 | Rp477.6t | Rp616.1t | Rp47.3t | 11.2x | 10.1x | 0.8x |
| Wed, 11 Oct 2023 | Rp502.2t | Rp609.7t | Rp44.6t | 11.6x | 11.3x | 0.8x |
| Fri, 08 Sep 2023 | Rp522.5t | Rp608.2t | Rp44.4t | 11.5x | 11.8x | 0.9x |
| Sun, 06 Aug 2023 | Rp520.0t | Rp604.3t | Rp45.2t | 12.1x | 11.5x | 0.9x |
| Tue, 04 Jul 2023 | Rp511.5t | Rp590.6t | Rp45.2t | 11.7x | 11.3x | 0.9x |
| Thu, 01 Jun 2023 | Rp493.8t | Rp594.1t | Rp46.0t | 11.6x | 10.7x | 0.8x |
| Sat, 29 Apr 2023 | Rp241.3t | Rp276.6t | Rp15.1t | 12.4x | 16x | 0.9x |
| Mon, 27 Mar 2023 | Rp238.2t | Rp270.2t | Rp16.0t | 11.9x | 14.9x | 0.9x |
| Wed, 22 Feb 2023 | Rp253.3t | Rp268.4t | Rp14.9t | 12.6x | 16.9x | 0.9x |
| Fri, 20 Jan 2023 | Rp239.1t | Rp267.8t | Rp14.8t | 12x | 16.1x | 0.9x |
| Sun, 18 Dec 2022 | Rp245.9t | Rp268.7t | Rp13.5t | 11.5x | 18.2x | 0.9x |
| Tue, 15 Nov 2022 | Rp251.4t | Rp256.6t | Rp12.1t | 12.3x | 20.8x | 1x |
| Thu, 13 Oct 2022 | Rp245.8t | Rp252.4t | Rp10.7t | 14.4x | 22.9x | 1x |
| Sat, 10 Sep 2022 | Rp254.7t | Rp248.7t | Rp11.0t | 13.8x | 23.1x | 1x |
| Mon, 08 Aug 2022 | Rp253.6t | Rp240.7t | Rp13.5t | 14x | 18.8x | 1.1x |
| Wed, 06 Jul 2022 | Rp254.2t | Rp229.8t | Rp11.5t | 13.9x | 22x | 1.1x |
| Fri, 03 Jun 2022 | Rp284.6t | Rp222.0t | Rp11.0t | 18.8x | 26x | 1.3x |
| Sun, 01 May 2022 | Rp260.1t | Rp208.5t | Rp4.9t | 18.5x | 52.9x | 1.2x |
| Tue, 29 Mar 2022 | Rp252.5t | Rp201.9t | Rp2.6t | 19.6x | 98.6x | 1.3x |
| Thu, 24 Feb 2022 | Rp245.2t | Rp197.8t | Rp1.6t | 19.5x | 149.2x | 1.2x |
| Sat, 22 Jan 2022 | Rp246.7t | Rp197.6t | Rp1.6t | 19.7x | 152.3x | 1.2x |
| Mon, 20 Dec 2021 | Rp246.9t | Rp194.5t | Rp608.9b | 21x | 405.5x | 1.3x |
| Wed, 17 Nov 2021 | Rp236.7t | Rp193.5t | -Rp1,087,657,614,408.00 | 24.2x | -217.7x | 1.2x |
| Fri, 15 Oct 2021 | Rp239.7t | Rp186.5t | -Rp2,974,776,939,131.00 | 21.9x | -80.6x | 1.3x |
| Sun, 12 Sep 2021 | Rp216.4t | Rp188.6t | -Rp4,482,147,704,152.00 | 24x | -48.3x | 1.1x |
| Tue, 10 Aug 2021 | Rp210.3t | Rp193.0t | -Rp4,463,941,173,691.00 | 22.1x | -47.1x | 1.1x |
Price to Earnings Ratio
-33.6x
Current Industry PE
- Investors are pessimistic on the Indonesian Industrials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 9.1x which is lower than its 3-year average PE of 24.5x.
- The industry is trading close to its 3-year average PS ratio of 1.00x.
Past Earnings Growth
- Total earnings for the Industrials industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 49% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indonesian Industrials sector?
| ID Market | 1.37% | |
| Industrials | -1.26% | |
| Logistics | 10.76% | |
| Trade Distributors | 2.87% | |
| Construction | 2.49% | |
| Infrastructure | 1.65% | |
| Electrical | 1.16% | |
| Marine and Shipping | 0.47% | |
| Commercial Services | 0.08% | |
| Aerospace & Defense | 0% | |
| Machinery | -0.66% | |
| Professional Services | -0.87% | |
| Building | -1.25% | |
| Transportation | -1.95% | |
| Industrials | -3.88% | |
| Airlines | -57.71% | |
Industry PE
- Investors are most optimistic about the Logistics industry even though it's trading below its 3-year average PE ratio of 137x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Construction industry, expecting annual earnings growth of 44% over the next 5 years.
- This is better than its past earnings growth rate of 5.5% per year.
- In contrast, the Infrastructure industry 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 | |
|---|---|---|---|---|---|
| BIPI Astrindo Nusantara Infrastruktur | Rp79.00 | 29.5% +Rp1.1t | -44.8% | PE12.7x | |
| SGER Sumber Global Energy | Rp640.00 | 9.4% +Rp854.2b | 376.2% | PE15.2x | |
| SSIA Surya Semesta Internusa | Rp1.13k | 17.1% +Rp759.4b | 152.2% | PE30.4x | |
| TCPI Transcoal Pacific | Rp7.38k | 1.7% +Rp625.0b | 6.5% | PE194.9x | |
| SAPX Satria Antaran Prima | Rp1.22k | 19.0% +Rp162.5b | 58.4% | PE328x |