ESSA Industries Indonesia stock: Ciptadana targets IDR 620 for ESSA Industries Indonesia stock
Published on 10/19/2026 at 16:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings date
- Ciptadana Sekuritas Asia set an IDR 620.00 target on October 13, 2026.
- H1 2026 revenue reached USD 186.5 million, an increase of 34.8 percent.
- ESSA Industries Indonesia stock costs IDR 470.00 at 4:14 p.m. WIB on October 19, 2026, down 1.26 percent versus IDR 476.00.
- The next earnings report is scheduled for October 27, 2026.
Ciptadana Sekuritas Asia set an IDR 620.00 target for ESSA Industries Indonesia on October 13, 2026, leaving the target 31.91 percent above the IDR 470.00 price. According to Bareksa, the research also identified IDR 555.00 and IDR 505.00 as technical support levels. The IDX quote stood at IDR 470.00 at 4:14 p.m. WIB on October 19, 2026, down 1.26 percent from IDR 476.00.
H1 revenue reached USD 186.5 million
ESSA reported USD 186.5 million in revenue for the first half of 2026, up 34.8 percent year over year. Net profit attributable to owners reached USD 30.2 million, an increase of 100 percent from the comparable period. These figures come from the company's investor-relations page, which identifies the reporting period as the six months ended June 30, 2026, and links the figures to official company information through ESSA.
Price sits below the yearly high
At IDR 470.00, the stock was 52.76 percent below its 52-week high of IDR 995.00 and 5.86 percent above its low of IDR 444.00. Trading volume reached 216,978,100 shares, compared with an average volume of 91,184,622 shares. The company operates in energy, oil and gas refining, liquefied petroleum gas distribution and ammonia production.
Valuation and the next reporting date
ESSA had a market capitalization of IDR 8.1 trillion, a price-to-earnings ratio of 8.19 and a trailing dividend yield of 0.11 percent as of October 19, 2026. The next earnings report is scheduled for October 27, 2026, according to Investing.com.
Comparison with peers
ESSA Industries Indonesia: minus 1.26 percent, P/E 8.19, market capitalization IDR 8.1 trillion.
PGAS (IDX, IDR): plus 2.52 percent, P/E 6.80, market capitalization IDR 29.6 trillion.
TPIA (IDX, IDR): minus 6.64 percent, P/E 48.23, market capitalization IDR 97.3 trillion.
What the figures say
The target from Ciptadana provides the clearest valuation reference, while the first-half results show stronger revenue and profit than a year earlier. The October 27 reporting date is the next scheduled company event.
ESSA Industries Indonesia stock was at IDR 470.00 on the IDX at 4:14 p.m. WIB on October 19, 2026, down 1.26 percent versus IDR 476.00.
ESSA Industries Indonesia market facts
- Company: PT ESSA Industries Indonesia Tbk
- Ticker: ESSA
- Primary exchange: IDX
- Price on October 19, 2026 at 4:14 p.m. WIB: IDR 470.00
- Change versus prior close: minus 1.26 percent
- Prior close: IDR 476.00
- Market capitalization: IDR 8.1 trillion (as of October 19, 2026)
- 52-week range: IDR 444.00-995.00 (as of October 19, 2026)
- Sector / Industry: Energy / Oil and Gas Refining and Marketing
Market context: Market report IDX Composite.
