Indonesian (IDX) Steel Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies10
- 7D-8.3%
- 3M12.3%
- 1Y-35.6%
- YTD-32.5%
Over the last 7 days, the Steel industry has dropped 8.4%, driven by Adaro Minerals Indonesia declining 10%. Overall the industry is down 36% in 12 months. As for the next few years, earnings are expected to grow by 4.4% per annum.
Industry Valuation and Performance
Has the Indonesian Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | Rp58.5t | Rp71.8t | Rp4.5t | 8.6x | 12.9x | 0.8x |
| Wed, 27 Sep 2023 | Rp73.7t | Rp70.2t | Rp4.4t | 9.9x | 16.6x | 1x |
| Fri, 25 Aug 2023 | Rp63.9t | Rp69.4t | Rp4.4t | 10.1x | 14.6x | 0.9x |
| Sun, 23 Jul 2023 | Rp54.9t | Rp75.7t | Rp6.0t | 8x | 9.2x | 0.7x |
| Tue, 20 Jun 2023 | Rp47.0t | Rp77.7t | Rp7.5t | 6.7x | 6.2x | 0.6x |
| Thu, 18 May 2023 | Rp49.0t | Rp77.2t | Rp7.5t | 7x | 6.5x | 0.6x |
| Sat, 15 Apr 2023 | Rp59.8t | Rp76.3t | Rp7.6t | 6.2x | 7.9x | 0.8x |
| Mon, 13 Mar 2023 | Rp64.0t | Rp79.6t | Rp9.0t | 6.4x | 7.1x | 0.8x |
| Wed, 08 Feb 2023 | Rp80.3t | Rp78.3t | Rp8.8t | 7.7x | 9.1x | 1x |
| Fri, 06 Jan 2023 | Rp81.2t | Rp80.3t | Rp9.1t | 8.3x | 9x | 1x |
| Sun, 04 Dec 2022 | Rp89.2t | Rp79.4t | Rp9.0t | 11.6x | 10x | 1.1x |
| Tue, 01 Nov 2022 | Rp91.0t | Rp77.2t | Rp8.4t | 14.1x | 10.9x | 1.2x |
| Thu, 29 Sep 2022 | Rp92.9t | Rp75.3t | Rp8.2t | 14.6x | 11.4x | 1.2x |
| Sat, 27 Aug 2022 | Rp87.5t | Rp69.2t | Rp6.1t | 15.7x | 14.4x | 1.3x |
| Mon, 25 Jul 2022 | Rp91.7t | Rp69.2t | Rp6.1t | 12.5x | 15x | 1.3x |
| Wed, 22 Jun 2022 | Rp92.9t | Rp67.8t | Rp6.1t | 9.5x | 15.2x | 1.4x |
| Fri, 20 May 2022 | Rp115.0t | Rp65.9t | Rp5.9t | 10.2x | 19.5x | 1.7x |
| Sun, 17 Apr 2022 | Rp140.2t | Rp59.5t | Rp4.8t | 16.4x | 29.2x | 2.4x |
| Tue, 15 Mar 2022 | Rp90.7t | Rp57.0t | Rp5.6t | 15.1x | 16.3x | 1.6x |
| Thu, 10 Feb 2022 | Rp69.9t | Rp50.9t | Rp2.8t | 11.9x | 25.4x | 1.4x |
| Sat, 08 Jan 2022 | Rp37.6t | Rp49.1t | Rp3.2t | 14.9x | 11.9x | 0.8x |
| Mon, 06 Dec 2021 | Rp27.5t | Rp46.6t | Rp2.3t | 14.3x | 12.2x | 0.6x |
| Wed, 03 Nov 2021 | Rp26.5t | Rp45.6t | Rp2.1t | 15.1x | 12.6x | 0.6x |
| Fri, 01 Oct 2021 | Rp22.2t | Rp44.8t | Rp1.8t | 15.8x | 12.7x | 0.5x |
| Sun, 29 Aug 2021 | Rp22.2t | Rp44.8t | Rp1.3t | 13x | 16.6x | 0.5x |
| Mon, 05 Jul 2021 | Rp21.5t | Rp44.8t | Rp1.3t | 12.8x | 16.1x | 0.5x |
| Thu, 08 Apr 2021 | Rp21.8t | Rp39.2t | Rp331.7b | 8.7x | 65.8x | 0.6x |
| Sun, 10 Jan 2021 | Rp19.8t | Rp36.0t | Rp392.4b | 25.1x | 50.3x | 0.5x |
Price to Earnings Ratio
-2.8x
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 13.0x which is lower than its 3-year average PE of 20.8x.
- The industry is trading close to its 3-year average PS ratio of 0.92x.
Past Earnings Growth
- Total earnings for the Steel industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 23% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Indonesian Steel compare with similar industries?
| ID Market | -0.84% | |
| Materials | 0.023% | |
| Metals and Mining | -1.39% | |
| Steel | -8.32% | |
| Aluminum | 6.79% | |
| Copper | 1.52% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Gold | -3.79% | |
| Diversified Metals and Mining | -4.20% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GGRP Gunung Raja Paksi | Rp478.00 | 3.0% +Rp169.6b | -12.3% | PE7.6x | |
| KRAS Krakatau Steel (Persero) | Rp174.00 | 1.2% +Rp38.7b | -53.7% | PS0.1x | |
| BTON Betonjaya Manunggal | Rp438.00 | 5.3% +Rp15.8b | -0.5% | PE14.1x | |
| BAJA Saranacentral Bajatama | Rp143.00 | 1.4% +Rp3.6b | -2.7% | PS0.3x | |
| LABA Ladang Baja Murni | Rp51.00 | 2.0% +Rp1.0b | -61.7% | PS3.4x |