Transportation Infrastructure

Indonesia / Infrastructures /  Transportation Infrastructure

The Transportation Infrastructure subsector on the Indonesia Stock Exchange is a crucial component of the country's economy. It encompasses industries such as Highways & Railtracks, Marine Ports & Services, and Airport Operators. This subsector plays a major role in Indonesia's market due to the country's large population and growing economy. As the government focuses on infrastructure development to improve connectivity and support economic growth, the demand for transportation infrastructure services is expected to increase. This presents significant potential for companies in this subsector to benefit from government projects and investments, making it an attractive area for investors. At this moment, this sub-sector seems to be experiencing a bullish trend, with a total market cap growth of around 38% over the past 365 days. It appears that 7 companies in this sub-sector might have seen a positive market cap change, while around 2 companies could have experienced a negative market cap change. Notable companies in this subsector, based on market capitalization, include PT Jasa Marga Tbk, Citra Marga Nusaphala Persada Tbk, Nusantara Infrastructure Tbk, PT Garuda Maintenance Facility Aero Asia Tbk, and PT Nusantara Pelabuhan Handal Tbk.

P/E Value

The Transportation Infrastructure sub-sector is typically considered cyclical, with its historical P/E values fluctuating between moderate and high levels. The current lower P/E value compared to last year may be influenced by factors such as lower demand due to economic slowdown, increased competition in the industry, or concerns about government funding for infrastructure ...

7.91

Price to Earnings

Transportation Infrastructure Sector P/E
7.91
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).
Transportation Infrastructure Weighted Sector P/E
4.45
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

The Transportation Infrastructure sub-sector, with 9 companies, ranked 1st in price changes in the previous 30 days, outperforming IDX. This could be due to increased government investment in infrastructure projects. The lack of new listings this month and barriers to entry may indicate a challenging regulatory environment. With 5 companies showing positive price changes, ...

8.4

Sector Health Score

Transportation Infrastructure Sector Max Drawdown
-0.17
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
Transportation Infrastructure RSD (Close)
0.15
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 Transportation Infrastructure sub-sector in Indonesia has seen significant growth, with a 1079.9% increase in average Year on Year (YoY) quarter earnings changes and a 14.23% increase in average YoY quarter revenue ...

7.1

Sector Growth Score

Trailing 3Y Transportation Infrastructure Sector Growth
-5.30%
This uses geometric mean to compute a measure of the sector's revenue growth over the last 3 years.
Transportation Infrastructure Current Revenue Growth
14.02%
The change in revenue this quarter compared to the same period a year ago.
Transportation Infrastructure Current Earnings Growth
1078.88%
The change in earnings per share (EPS) this quarter compared to the same period a year ago.
Transportation Infrastructure 1Y Market Cap Growth
+44.28%
The change in market capitalization relative to the same period a year ago.
Transportation Infrastructure Recent Performance
94th
Recent growth beats 94% of all sectors in Indonesia.
Transportation Infrastructure '24 Revenue Growth Forecast
+6.13%
The estimated change in revenue for the Transportation Infrastructure sector in 2024.
Transportation Infrastructure '24 Earnings Growth Forecast
+9.25%
The estimated change in earnings for the Transportation Infrastructure sector in 2024.

Top Companies

Most profitable companies in Transportation Infrastructure

Company

Profit (billion)

7714.30

1109.37

384.94

194.77

182.53

Key Figures

Transportation Infrastructure companies on IDX

9

Total Market Cap. (IDR, billion)

IDR 61,258.92B

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

-27 - 30

Average of 7.9 P/E
Sector CAGR

> 10%

Compound Annual Revenue Growth of 14.02%

Transportation Infrastructure Sector Performance

IDR 61.26T

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

  2. Prev 4 Quarters

Sector Composition

Sector Valuation

Historical valuation of companies in Transportation Infrastructure
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/Equity18.6614.739.617.91Lower than average of last 3 years
Price/Book1.241.130.991.20Higher than average of last 3 years
Price/Sales2.451.861.431.70Lower than average of last 3 years
Price/Cash Flow7.206.658.404.96Lower than average of last 3 years

Executive Summary

Sector Performance

1W

+2.1%

1Y

+44.3%

YTD

+6.6%

Trailing 12 Months

Overall +44.3%

0.020.040.060.08

Positive

Neutral (Within <2.5%)

Negative

Sector Percentile

94%

35
55
75
0
100

This sector has a return that beats 94% of all sectors on the Indonesia Stock Exchange over the past 12 months.

Sector Dividend Yield

7.75%

Dividend-paying companies in this sector pay out a dividend yield of 7.75% 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

83%

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 83%.

RSD (Relative Standard Deviation)
83%
The relative standard deviation, caluclated from the S.D of the sector's returns.
Max Drawdown
-16.84%
The maximum loss from a peak to a trough during a specific period (TTM).

This past month

Over the last month, stocks in the Transportation Infrastructure sector has remained flat, although notably ICTSI JASA PRIMA Tbk has gained 107.45% in the last month.

Current quarter

This quarter, the sector has seen an average revenue growth of 14.02% compared to the same quarter last year.
When it comes to earnings, the sector has seen an average growth of 1078.88% compared to the same quarter in 2023. Much of this growth is driven by the following companies:
META.JK(+165.4%), GMFI.JK(+54.2%), CASS.JK(+26.8%), JSMR.JK(+23.4%), IPCM.JK(+19.6%).

Last 12 Months

Companies in the Transportation Infrastructure sector have seen a +44.3% 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 Transportation Infrastructure sector has been positive with June (+8.3%), August (+6.2%) and February (+6.2%) being the best performing months.

Sector Valuation

Has the Transportation Infrastructure sector valuation in Indonesia changed over the past 12 months?

Price to Earnings Ratio

  • The Transportation Infrastructure sector is trading at a median PE ratio of 7.91x, which is lower than its 3-year historical average PE of 4.45x. This puts the sector in the overvalued category based on its historical valuation.
  • Companies in the Transportation Infrastructure have an extremely wide range of PE ratio, going between -27x to 30x.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 Nusantara Pelabuhan Handal Tbk. commands a premium with a PE ratio of 30.22 while Nusantara Infrastructure Tbk is trading at a PE ratio of only -27.49.
  • When weighted by market cap, the Transportation Infrastructure sector is trading at a PE ratio of 4.45x as compared to the unweighted PE ratio of 7.91x. The unweighted sector median is a valuation that is largely on par with the overall IDX median of 8.22x.
  • The Transportation Infrastructure sector is trading at a PE ratio (7.91) that represents a substantial discount to its historical average (14.33).

Sector Gainers

KARW Logo
ICTSI JASA PRIMA Tbk
KARW.JK
Last Trading Day

IDR 334.00

1 Month

+107.45%

1 Year

+542.31%

P/E Ratio

10.29

JSMR Logo
PT Jasa Marga Tbk
JSMR.JK
Last Trading Day

IDR 5,425.00

1 Month

+7.43%

1 Year

+71.14%

P/E Ratio

5.10

CMNP Logo
Citra Marga Nusaphala Persada Tbk
CMNP.JK
Last Trading Day

IDR 1,615.00

1 Month

+6.25%

1 Year

-4.44%

P/E Ratio

7.91

PORT Logo
PT Nusantara Pelabuhan Handal Tbk.
PORT.JK
Last Trading Day

IDR 730.00

1 Month

+4.29%

1 Year

-14.62%

P/E Ratio

30.22

META Logo
Nusantara Infrastructure Tbk
META.JK
Last Trading Day

IDR 238.00

1 Month

0.00%

1 Year

+112.50%

P/E Ratio

-27.49