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Indonesian (IDX) Steel Industry Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies10
  • 7D-1.4%
  • 3M-7.5%
  • 1Y33.2%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 1.3%, driven by a pullback from Adaro Minerals Indonesia of 1.1%. On the other hand Ladang Baja Murni is actually up 31%. In the past year, the industry has gained 29%. Earnings are forecast to grow by 3.1% annually.

Industry Valuation and Performance

Has the Indonesian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 May 2024Rp64.9tRp67.3tRp7.0t7x9.3x1x
Tue, 16 Apr 2024Rp67.0tRp67.6tRp6.4t7.8x10.5x1x
Thu, 14 Mar 2024Rp67.0tRp66.6tRp6.1t7.9x11x1x
Sat, 10 Feb 2024Rp71.8tRp65.8tRp3.8t10.5x18.8x1.1x
Mon, 08 Jan 2024Rp69.2tRp65.4tRp3.8t11.5x18.2x1.1x
Wed, 06 Dec 2023Rp66.1tRp70.7tRp4.6t9.4x14.4x0.9x
Fri, 03 Nov 2023Rp58.0tRp72.1tRp4.7t8.6x12.4x0.8x
Sun, 01 Oct 2023Rp68.1tRp70.2tRp4.4t9.9x15.4x1x
Tue, 29 Aug 2023Rp66.4tRp69.5tRp4.4t10.1x15.1x1x
Thu, 27 Jul 2023Rp54.1tRp75.8tRp6.0t8.1x9x0.7x
Sat, 24 Jun 2023Rp51.9tRp77.7tRp7.6t7.3x6.9x0.7x
Mon, 22 May 2023Rp48.7tRp77.4tRp7.5t6.9x6.5x0.6x
Wed, 19 Apr 2023Rp60.9tRp77.0tRp7.7t6.2x8x0.8x
Fri, 17 Mar 2023Rp59.9tRp79.1tRp8.9t5.5x6.7x0.8x
Sun, 12 Feb 2023Rp77.1tRp78.4tRp8.8t7.6x8.7x1x
Tue, 10 Jan 2023Rp77.4tRp80.2tRp9.1t8x8.6x1x
Thu, 08 Dec 2022Rp86.8tRp80.4tRp9.1t10.6x9.6x1.1x
Sat, 05 Nov 2022Rp91.0tRp77.1tRp8.0t14.2x11.3x1.2x
Mon, 03 Oct 2022Rp94.1tRp75.6tRp8.2t15x11.5x1.2x
Wed, 31 Aug 2022Rp88.8tRp69.6tRp6.1t15.3x14.5x1.3x
Fri, 29 Jul 2022Rp88.1tRp69.6tRp6.1t11.9x14.4x1.3x
Sun, 26 Jun 2022Rp93.5tRp67.8tRp6.1t9.5x15.3x1.4x
Tue, 24 May 2022Rp115.7tRp65.7tRp5.9t10.4x19.7x1.8x
Thu, 21 Apr 2022Rp136.8tRp59.5tRp4.8t16.3x28.5x2.3x
Sat, 19 Mar 2022Rp92.7tRp56.9tRp5.6t16.1x16.7x1.6x
Mon, 14 Feb 2022Rp70.3tRp50.6tRp2.7t12.4x25.6x1.4x
Wed, 12 Jan 2022Rp45.0tRp48.9tRp3.2t16.1x14.3x0.9x
Fri, 10 Dec 2021Rp24.6tRp46.3tRp2.2t14.2x11x0.5x
Sun, 07 Nov 2021Rp25.7tRp45.8tRp2.1t14.2x12.2x0.6x
Tue, 05 Oct 2021Rp23.3tRp44.7tRp1.7t17.2x13.3x0.5x
Thu, 02 Sep 2021Rp22.6tRp44.8tRp1.3t13.1x16.9x0.5x
Sat, 31 Jul 2021Rp21.8tRp44.8tRp1.3t12.5x16.3x0.5x
Price to Earnings Ratio

75.2x


Total Market Cap: Rp24.9tTotal Earnings: Rp331.7bTotal Revenue: Rp39.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Steel Industry Price to Earnings3Y Average 15.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Indonesian Steel 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 9.4x which is lower than its 3-year average PE of 15.5x.
  • The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have grown 176% per year over the last three years.
  • Revenues for these companies have grown 20% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Indonesian Steel compare with similar industries?

ID Market4.25%
Materials9.28%
Metals and Mining6.24%
Steel-1.42%
Copper7.89%
Gold4.93%
Diversified Metals and Mining4.52%
Precious Metals and Minerals0%
Silver0%
Aluminum-1.38%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
LABA Ladang Baja MurniRp180.0031.4%
+Rp43.5b		195.1%PS19.3x
BAJA Saranacentral BajatamaRp95.003.3%
+Rp5.4b		-32.6%PS0.2x
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Latest News

ADMR

Rp1,300.00

Adaro Minerals Indonesia

7D

-1.1%

1Y

55.7%

KRAS

Rp125.00

Krakatau Steel (Persero)

7D

-1.6%

1Y

-47.9%

BTON

Rp406.00

Betonjaya Manunggal

7D

-1.0%

1Y

-6.0%

GDST

Rp99.00

Gunawan Dianjaya Steel

7D

-1.0%

1Y

-35.7%

LABA

Rp180.00

Ladang Baja Murni

7D

31.4%

1Y

195.1%

BAJA

Rp95.00

Saranacentral Bajatama

7D

3.3%

1Y

-32.6%

ISSP

Rp282.00

Steel Pipe Industry of Indonesia

7D

-0.7%

1Y

10.2%

NIKL

Rp322.00

Pelat Timah Nusantara

7D

-4.7%

1Y

-30.0%

LMSH

Rp402.00

Lionmesh Prima

7D

-2.0%

1Y

-18.0%

GGRP

Rp416.00

Gunung Raja Paksi

7D

-5.0%

1Y

0.5%