Logistics & Deliveries

Indonesia / Transportation & Logistic /  Logistics & Deliveries

The Logistics & Deliveries subsector on the Indonesia Stock Exchange is an important segment of the country's market. It encompasses various industries involved in logistics and delivery services. This subsector plays a major role in Indonesia's market due to the country's geographical nature, with its vast archipelago and diverse landscapes. The need for efficient logistics and delivery services is crucial for businesses to operate effectively and serve customers across the country. Additionally, with the growth of e-commerce and the increasing demand for online shopping, the logistics and deliveries subsector has experienced significant growth potential. At this moment, this sub-sector appears to be in a bearish market sentiment, with a total market cap depreciation of approximately -26% over the past 365 days. It's possible that around 13 companies within this sub-sector may have encountered a negative market cap change, while it seems that only about 9 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 Temas Tbk, Samudera Indonesia Tbk, PT Habco Trans Maritima Tbk, PT Pelayaran Nasional Ekalya Purnamasari Tbk, and Pelayaran Nelly Dwi Putri Tbk.

P/E Value

The Logistics & Deliveries sub-sector is generally considered defensive due to its consistent demand regardless of economic conditions. Historically, the P/E values for this sector have been moderate, indicating a stable valuation. The current lower P/E values compared to last year may be influenced by factors such as increased competition, rising operating costs, or changes ...

6.63

Price to Earnings

Logistics & Deliveries Sector P/E
6.63
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).
Logistics & Deliveries Weighted Sector P/E
3.57
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
8.22

Resilience & Health Index

In the Logistics & Deliveries sub-sector of the IDX, which consists of 25 companies, it ranked 17th based on price changes in the previous 30 days. Despite this, the sub-sector outperformed the overall IDX for average price changes during the same period. One possible reason for this could be the increasing demand for logistics services in Indonesia due to the growth of ...

6.4

Sector Health Score

Logistics & Deliveries Sector Max Drawdown
-0.53
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
-0.26
Logistics & Deliveries RSD (Close)
0.20
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)
0.14

Sector Growth Index

In the past year, the Logistics & Deliveries sub-sector in Indonesia has seen a decrease of -15.78% in average Year on Year (YoY) quarter earnings changes, while experiencing a 7.83% increase in average YoY quarter revenue changes. This ...

3.8

Sector Growth Score

Trailing 3Y Logistics & Deliveries Sector Growth
+23.37%
This uses geometric mean to compute a measure of the sector's revenue growth over the last 3 years.
Logistics & Deliveries Current Revenue Growth
6.74%
The change in revenue this quarter compared to the same period a year ago.
Logistics & Deliveries Current Earnings Growth
-16.21%
The change in earnings per share (EPS) this quarter compared to the same period a year ago.
Logistics & Deliveries 1Y Market Cap Growth
-25.22%
The change in market capitalization relative to the same period a year ago.
Logistics & Deliveries Recent Performance
12th
Recent growth beats 12% of all sectors in Indonesia.

Top Companies

Most profitable companies in Logistics & Deliveries

Company

Profit (billion)

1599.41

975.99

245.33

228.80

181.31

Key Figures

Logistics & Deliveries companies on IDX

25

Total Market Cap. (IDR, billion)

IDR 24,711.22B

0.21% of total market cap. on IDX
Range of P/E Value

-1905 - 98

Average of 6.6 P/E
Sector CAGR

> 10%

Compound Annual Revenue Growth of 6.74%

Logistics & Deliveries Sector Performance

IDR 24.71T

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

  2. Prev 4 Quarters

Sector Composition

Sector Valuation

Historical valuation of companies in Logistics & Deliveries
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/Equity3.0412.858.136.63Lower than average of last 3 years
Price/Book1.911.471.251.03Lower than average of last 3 years
Price/Sales1.852.021.791.17Lower than average of last 3 years
Price/Cash Flow5.6812.888.074.53Lower than average of last 3 years

Executive Summary

Sector Performance

1W

+1.7%

1Y

-25.2%

YTD

-1.2%

Trailing 12 Months

Overall -25.2%

−0.15−0.10−0.05

Positive

Neutral (Within <2.5%)

Negative

Sector Percentile

12%

35
55
75
0
100

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

Sector Dividend Yield

4.55%

Dividend-paying companies in this sector pay out a dividend yield of 4.55% 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

72%

35
55
75
0
100

This sector is rather volatile, with a RSD (Relative Standard Deviation) of 20%. Companies on IDX have an average RSD of 12%. This gives the sector a score of 72%.

RSD (Relative Standard Deviation)
72%
The relative standard deviation, caluclated from the S.D of the sector's returns.
Max Drawdown
-53.22%
The maximum loss from a peak to a trough during a specific period (TTM).

This past month

Over the last month, stocks in the Logistics & Deliveries sector has remained flat, although notably PT Trimuda Nuansa Citra Tbk. has gained 26.86% in the last month.

Current quarter

This quarter, the sector has seen an average revenue growth of 6.74% compared to the same quarter last year.
When it comes to earnings, the sector has seen an average decline of -16.21% compared to the same quarter in 2023. Much of this growth is driven by the following companies:
MITI.JK(+432.2%), KJEN.JK(+73.9%), HATM.JK(+63.8%), BLTA.JK(+63.7%), LAJU.JK(+47.3%).

Last 12 Months

Companies in the Logistics & Deliveries sector have seen a -25.2% 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 Logistics & Deliveries sector has been negative with December (+3.2%), June (+2.2%) and January (+2.2%) being the best performing months.

Sector Valuation

Has the Logistics & Deliveries sector valuation in Indonesia changed over the past 12 months?

Price to Earnings Ratio

  • The Logistics & Deliveries sector is trading at a median PE ratio of 6.63x, which is lower than its 3-year historical average PE of 3.57x. This puts the sector in the overvalued category based on its historical valuation.
  • Companies in the Logistics & Deliveries have an extremely wide range of PE ratio, going between -1905x to 98x.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 Trimuda Nuansa Citra Tbk. commands a premium with a PE ratio of 46.90 while PT Pelayaran Nasional Ekalya Purnamasari Tbk is trading at a PE ratio of only 13.14.
  • When weighted by market cap, the Logistics & Deliveries sector is trading at a PE ratio of 3.57x as compared to the unweighted PE ratio of 6.63x. The unweighted sector median is a considerable discount (1.2x) to the overall IDX median of 8.22x.
  • The Logistics & Deliveries sector is trading at a PE ratio (6.63) that represents a a valuation consistent with its historical average (8.00).

Sector Gainers

TNCA Logo
PT Trimuda Nuansa Citra Tbk.
TNCA.JK
Last Trading Day

IDR 222.00

1 Month

+26.86%

1 Year

+20.00%

P/E Ratio

46.90

KLAS Logo
PT Pelayaran Kurnia Lautan Semesta Tbk
KLAS.JK
Last Trading Day

IDR 83.00

1 Month

+20.29%

P/E Ratio

25.81

ELPI Logo
PT Pelayaran Nasional Ekalya Purnamasari Tbk
ELPI.JK
Last Trading Day

IDR 308.00

1 Month

+19.38%

1 Year

+25.20%

P/E Ratio

13.14

MITI Logo
Mitra Investindo Tbk
MITI.JK
Last Trading Day

IDR 185.00

1 Month

+19.35%

1 Year

+12.80%

P/E Ratio

14.26

GTRA Logo
PT Grahaprima Suksesmandiri Tbk
GTRA.JK
Last Trading Day

IDR 149.00

1 Month

+15.50%