Household Goods

Indonesia / Consumer Cyclicals /  Household Goods

The Household Goods subsector on the Indonesia Stock Exchange consists of various subindustries such as home furnishings, household appliances, and housewares & specialties. This subsector plays a major role in the Indonesian market due to several factors. Firstly, Indonesia's growing middle class and increasing disposable income have led to a rise in consumer spending on household goods. Additionally, the country's rapid urbanization and housing development have created a demand for home furnishings and appliances. Furthermore, the potential for further growth in this subsector is high, as Indonesia's population continues to expand and the housing market remains robust. At this moment, this sub-sector appears to be in a bearish market sentiment, with a total market cap depreciation of approximately -19% over the past 365 days. It's possible that around 9 companies within this sub-sector may have encountered a negative market cap change, while it seems that only about 3 companies might have experienced a positive market cap change, indicating a challenging market environment. Notable companies in this subsector, based on market capitalization, include PT Integra Indocabinet Tbk, Gema Grahasarana Tbk, Multi Indocitra Tbk, PT Selaras Citra Nusantara Perkasa Tbk, and PT Chitose Internasional Tbk.

Key Figures

Household Goods companies on IDX

12

Total Market Cap. (IDR, billion)

IDR 3,828.01B

0.03% of total market cap. on IDX
Range of P/E Value

-33 - 25

Average of 2.1 P/E
Sector CAGR

> -10%

Compound Annual Revenue Growth of -5.67%

Household Goods Sector Performance

IDR 3.83T

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

  2. Prev 4 Quarters

Sector Composition

Sector Valuation

Historical valuation of companies in Household Goods
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/Equity66.358.007.502.08Lower than average of last 3 years
Price/Book1.171.420.720.57Lower than average of last 3 years
Price/Sales0.730.990.690.45Lower than average of last 3 years
Price/Cash Flow8.68-9.465.027.77Higher than average of last 3 years

Executive Summary

Sector Performance

1W

-1.2%

1Y

-18.0%

YTD

+0.8%

Trailing 12 Months

Overall -18.0%

−0.15−0.10−0.050.05

Positive

Neutral (Within <2.5%)

Negative

Sector Percentile

21%

35
55
75
0
100

This sector has a return that beats 21% of all sectors on the Indonesia Stock Exchange over the past 12 months.

Sector Dividend Yield

0.85%

Dividend-paying companies in this sector pay out a dividend yield of 0.85% on average over the past 12 months. This beats the average dividend yield of all companies on IDX, which is around 3.23%.

Sector Stabillity

81%

35
55
75
0
100

This sector is comparably stable, with a RSD (Relative Standard Deviation) of 15%. Companies on IDX have an average RSD of 12%. This gives the sector a score of 81%.

RSD (Relative Standard Deviation)
81%
The relative standard deviation, caluclated from the S.D of the sector's returns.
Max Drawdown
-45.58%
The maximum loss from a peak to a trough during a specific period (TTM).

This past month

Over the last month, stocks in the Household Goods sector has remained flat, although notably PT Panca Anugrah Wisesa Tbk has gained 45.28% in the last month.

Current quarter

This quarter, the sector has seen an average revenue decline of -5.67% compared to the same quarter last year.
When it comes to earnings, the sector has seen an average growth of 1483.84% compared to the same quarter in 2023. Much of this growth is driven by the following companies:
SCNP.JK(+174.4%), MGLV.JK(+38.1%), KICI.JK(+25.4%), GEMA.JK(+14.2%), MICE.JK(+6.1%).

Last 12 Months

Companies in the Household Goods sector have seen a -18.0% change in market cap over the last 12 months. Investors have become pessimistic on the sector couple with macroeconomic factors that might be strong headwinds for the sector.

Most of the last 12 months in the Household Goods sector has been negative with July (+5.9%), February (+5.1%) and September (+2.6%) being the best performing months.

Sector Valuation

Has the Household Goods sector valuation in Indonesia changed over the past 12 months?

Price to Earnings Ratio

  • The Household Goods sector is trading at a median PE ratio of 2.08x, which is lower than its 3-year historical average PE of -18.66x. This puts the sector in the overvalued category based on its historical valuation.
  • Companies in the Household Goods have an extremely wide range of PE ratio, going between -33x to 25x.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, Gema Grahasarana Tbk commands a premium with a PE ratio of 11.85 while PT Selaras Citra Nusantara Perkasa Tbk is trading at a PE ratio of only -19.10.
  • When weighted by market cap, the Household Goods sector is trading at a PE ratio of -18.66x as compared to the unweighted PE ratio of 2.08x. The unweighted sector median is a steep (4.0x) discount to the overall IDX median of 8.22x.
  • The Household Goods sector is trading at a PE ratio (2.08) that represents a substantial discount to its historical average (27.28).

Sector Gainers

MGLV Logo
PT Panca Anugrah Wisesa Tbk
MGLV.JK
Last Trading Day

IDR 77.00

1 Month

+45.28%

1 Year

+92.50%

P/E Ratio

8.32

KICI Logo
Kedaung Indah Can Tbk
KICI.JK
Last Trading Day

IDR 147.00

1 Month

+32.43%

1 Year

-18.33%

P/E Ratio

-12.24

SCNP Logo
PT Selaras Citra Nusantara Perkasa Tbk
SCNP.JK
Last Trading Day

IDR 139.00

1 Month

+20.87%

1 Year

-41.60%

P/E Ratio

-19.10

OLIV Logo
PT Oscar Mitra Sukses Sejahtera Tbk
OLIV.JK
Last Trading Day

IDR 9.00

1 Month

+12.50%

1 Year

-59.09%

GEMA Logo
Gema Grahasarana Tbk
GEMA.JK
Last Trading Day

IDR 270.00

1 Month

+8.87%

1 Year

+38.46%

P/E Ratio

11.85