Consumer Services

Indonesia / Consumer Cyclicals /  Consumer Services

The Consumer Services subsector on the Indonesia Stock Exchange encompasses a range of industries such as recreational and sports facilities, hotels, resorts, cruise lines, restaurants, travel agencies, and education services. This subsector plays a major role in Indonesia's market due to the country's growing middle class and increasing disposable income. As more Indonesians have the means to spend on leisure activities, travel, and education, the demand for consumer services has been steadily rising. Moreover, Indonesia's tourism industry has been experiencing significant growth, with the government actively promoting the country as a tourist destination. Currently, this sub-sector appears to be on an upward trend, with a notable total market capitalization growth of approximately 29% over the last 365 days. However, a closer look at individual companies reveals that a larger number are showing negative changes (33) in market capitalization compared to those with positive changes (14). This indicates that the larger companies with positive changes are exerting a significant influence on the overall market capitalization, despite more companies experiencing declines. Notable companies in this subsector, based on market capitalization, include PT Nusantara Sejahtera Raya Tbk, MNC Land Tbk, PT MAP Boga Adiperkasa Tbk, Jakarta Setiabudi Internasional Tbk, and PT Fast Food Indonesia Tbk.

P/E Value

The Consumer Services sub-sector is generally considered cyclical, with historical P/E values ranging from moderate to high. The current negative P/E value compared to last year's P/E value for this sub-sector may be influenced by factors such as economic uncertainty, changing consumer behavior, and increased competition. The lack of companies in the Consumer Services ...

6.08

Price to Earnings

Consumer Services Sector P/E
6.08
The Price-to-Earnings (P/E) ratio is a key tool for investors and analysts to assess whether a stock is overvalued, undervalued, or fairly valued. The P/E ratio is calculated by dividing the market price of a company's stock by its earnings per share (EPS).
Consumer Services Weighted Sector P/E
31.57
The weighted average P/E ratio is a measure of the average P/E ratio of the companies in the sector, weighted by market capitalization.
Indonesia Stocks Avg. P/E
8.46

Resilience & Health Index

In the Consumer Services sub-sector, which ranks 31st in price changes among 50 companies, the average price changes have been worse than the overall IDX price changes in the last 30 days. This could be due to increased competition, changing consumer behavior, or economic downturn affecting the sector. With 2.0% of companies listing this month, barriers to entry such as high ...

7.8

Sector Health Score

Consumer Services Sector Max Drawdown
-0.34
The maximum drawdown is the maximum loss from a peak to a trough of a portfolio, before a new peak is attained. Maximum Drawdown (MDD) is an indicator of downside risk over a specified time period.
Indonesia Stocks Avg. Max Drawdown
-0.28
Consumer Services RSD (Close)
0.11
The RSD (Close) is a measure of the volatility of a stock's daily price change. It is calculated as the standard deviation of each day's logarithmic returns summed over the past 90 days.
Indonesia Stocks Avg. RSD (Close)
0.15

Sector Growth Index

The Consumer Services sub-sector in Indonesia has shown impressive growth in the past year, with average YoY quarter earnings and revenue changes of 99.95% and 18.88% respectively. Ranking 7th in earnings and 10th in revenue among other ...

10.0

Sector Growth Score

Trailing 3Y Consumer Services Sector Growth
+21.24%
This uses geometric mean to compute a measure of the sector's revenue growth over the last 3 years.
Consumer Services Current Revenue Growth
18.56%
The change in revenue this quarter compared to the same period a year ago.
Consumer Services Current Earnings Growth
102.58%
The change in earnings per share (EPS) this quarter compared to the same period a year ago.
Consumer Services 1Y Market Cap Growth
+24.61%
The change in market capitalization relative to the same period a year ago.
Consumer Services Recent Performance
79th
Recent growth beats 79% of all sectors in Indonesia.
Consumer Services '24 Revenue Growth Forecast
+9.48%
The estimated change in revenue for the Consumer Services sector in 2024.
Consumer Services '24 Earnings Growth Forecast
0.00%
The estimated change in earnings for the Consumer Services sector in 2024.

Top Companies

Most profitable companies in Consumer Services

Company

Profit (billion)

687.76

390.31

235.17

191.24

104.65

Key Figures

Consumer Services companies on IDX

51

Total Market Cap. (IDR, billion)

IDR 61,736.61B

0.52% of total market cap. on IDX
Range of P/E Value

-741 - 1912

Average of 6.1 P/E
Sector CAGR

> 20%

Compound Annual Revenue Growth of 18.56%

Consumer Services Sector Performance

IDR 61.74T

Sector Market Cap. (IDR, trillion)
  1. Last 4 Quarters

  2. Prev 4 Quarters

Sector Composition

Sector Valuation

Historical valuation of companies in Consumer Services
More than 5% deviation of median from the last 3 years
Within 5% deviation of median of last 3 years
TTM: Trailing Twelve Months (TTM)
Metric202020212022Current (TTM)
Price/Equity-11.58-11.12-9.346.08Lower than average of last 3 years
Price/Book1.401.691.981.50Lower than average of last 3 years
Price/Sales7.6910.584.172.30Lower than average of last 3 years
Price/Cash Flow-12.02-1.1217.458.65Higher than average of last 3 years

Executive Summary

Sector Performance

1W

-2.7%

1Y

+24.6%

YTD

-9.0%

Trailing 12 Months

Overall +24.6%

0.100.200.300.40

Positive

Neutral (Within <2.5%)

Negative

Sector Percentile

79%

35
55
75
0
100

This sector has a return that beats 79% of all sectors on the Indonesia Stock Exchange over the past 12 months.

Sector Dividend Yield

3.41%

Dividend-paying companies in this sector pay out a dividend yield of 3.41% on average over the past 12 months. This beats the average dividend yield of all companies on IDX, which is around 3.28%.

Sector Stabillity

89%

35
55
75
0
100

This sector is fairly stable, with a RSD (Relative Standard Deviation) of 11%. Companies on IDX have an average RSD of 11%. This gives the sector a score of 89%.

RSD (Relative Standard Deviation)
89%
The relative standard deviation, caluclated from the S.D of the sector's returns.
Max Drawdown
-33.53%
The maximum loss from a peak to a trough during a specific period (TTM).

This past month

Over the last month, stocks in the Consumer Services sector has remained flat, although notably Jakarta Setiabudi Internasional Tbk has gained 20.07% in the last month.

Current quarter

This quarter, the sector has seen an average revenue growth of 18.56% compared to the same quarter last year.
When it comes to earnings, the sector has seen an average growth of 102.58% compared to the same quarter in 2023. Much of this growth is driven by the following companies:
NATO.JK(+182.4%), PDES.JK(+85.5%), SHID.JK(+79.0%), PANR.JK(+56.9%), CLAY.JK(+55.2%).

Last 12 Months

Companies in the Consumer Services sector have seen a +24.6% change in market cap over the last 12 months. This signifies a sector that is growing rapidly, with investors anticipating a sustained period of growth.

Most of the last 12 months in the Consumer Services sector has been negative with August (+46.0%), July (+3.0%) and January (+2.0%) being the best performing months.

Sector Valuation

Has the Consumer Services sector valuation in Indonesia changed over the past 12 months?

Price to Earnings Ratio

  • The Consumer Services sector is trading at a median PE ratio of 6.08x, which is lower than its 3-year historical average PE of 31.57x. This puts the sector in the undervalued category based on its historical valuation.
  • Companies in the Consumer Services have an extremely wide range of PE ratio, going between -741x to 1912x.This makes it necessary to consider the outliers in the sector, and adjust for the respective market caps of each company to prevent any skewing of the data.
  • To add some perspective across the value disparity, among the top gainers in the last month, PT Bukit Uluwatu Villa Tbk commands a premium with a PE ratio of 32.01 while PT Sunter Lakeside Hotel Tbk. is trading at a PE ratio of only -71.58.
  • When weighted by market cap, the Consumer Services sector is trading at a PE ratio of 31.57x as compared to the unweighted PE ratio of 6.08x. The unweighted sector median is a considerable discount (1.4x) to the overall IDX median of 8.46x.
  • The Consumer Services sector is trading at a PE ratio (6.08) that represents a significant premium to its historical average (-10.68).

Sector Gainers

JSPT Logo
Jakarta Setiabudi Internasional Tbk
JSPT.JK
Last Trading Day

IDR 1,615.00

1 Month

+20.07%

1 Year

+100.62%

P/E Ratio

19.58

PTSP Logo
Pioneerindo Gourmet International Tbk
PTSP.JK
Last Trading Day

IDR 1,375.00

1 Month

+7.42%

1 Year

-30.03%

P/E Ratio

18.91

SNLK Logo
PT Sunter Lakeside Hotel Tbk.
SNLK.JK
Last Trading Day

IDR 540.00

1 Month

+5.88%

1 Year

-55.37%

P/E Ratio

-71.58

BUVA Logo
PT Bukit Uluwatu Villa Tbk
BUVA.JK
Last Trading Day

IDR 55.00

1 Month

+3.77%

1 Year

-8.33%

P/E Ratio

32.01

FITT Logo
PT Hotel Fitra International Tbk
FITT.JK
Last Trading Day

IDR 605.00

1 Month

+2.54%

1 Year

+28.18%

P/E Ratio

-71.33