JAKARTA, KOMPAS.com - The consumer sector in Q2 2026 faces challenges\nfollowing the end of the holiday season, which had boosted household\nconsumption.<\/p>\n
On the other hand, the conflict in the Middle East also brings the\nrisk of rising prices for manufacturing packaging raw materials in the\nconsumer sector, which is dominated by plastic.<\/p>\n
At the end of trading on Thursday (23\/4\/2026), the non-cyclical\nconsumer sector weakened by 0.59 percent.<\/p>\n
Equity Research Analyst at PT Kiwoom Sekuritas Indonesia, Abdul Azis\nSetyo Wibowo, stated that the prospects for the consumer sector are\ntending towards moderate in Q2 2026.<\/p>\n
\u201cWith relatively limited growth in line with household consumption\nthat is still recovering gradually,\u201d he said to Kompas.com on Friday\n(24\/4\/2026).<\/p>\n
Thus, business growth in the consumer sector relies more on sales\nvolume and price stability.<\/p>\n
Aziz explained that the consumer sector is still considered defensive\nbecause it is supported by daily needs.<\/p>\n
However, in the current conditions, its resilience is starting to be\npressured by weakening purchasing power as well as increases in raw\nmaterial and operational costs.<\/p>\n
\u201cSo margins become more sensitive,\u201d he added.<\/p>\n
Currently, Kiwoom Sekuritas is more recommending short-term trading\nsuch as ULTJ with a target of 1,640-1,710 and support at\n1,475-1,400.<\/p>\n
In general, in Q4 2025, the majority of issuers were able to record\ndouble-digit net profit growth (bottom line).<\/p>\n
This indicates that demand for primary needs remains stable.<\/p>\n
From the profitability and valuation side, each issuer shows\ndifferent characteristics.<\/p>\n
PT Campina Ice Cream Industri Tbk (CAMP) has a gross profit margin\n(GPM) of 47.5 percent. This figure reflects strong pricing power and\nproduct positioning, with a relatively moderate valuation at a price to\nearnings ratio (P\/E) level of 17.0 times.<\/p>\n
The price to earnings ratio (PER) is a financial ratio used to\ncompare the current share price with earnings per share. This ratio is\nused to measure whether a stock\u2019s valuation is reasonable or\nexpensive.<\/p>\n
Usually, a low PER number or below 10 is assumed to be a cheap price.\nMeanwhile, a high PER indicates high growth expectations or an\noverpriced share.<\/p>\n
This figure makes the stock attractive from a value perspective.<\/p>\n
On the other hand, Garudafood Putra Putri Jaya Tbk (GOOD) has a lower\nmargin of 27.4 percent. However, this stock is traded at a higher\nvaluation or with a P\/E ratio of 18.8 times.<\/p>\n
Ratih stated that the market is awaiting the release of Q1 2026\nfinancial performance, which is expected to grow moderately, in line\nwith the pattern seen in Q4 2025.<\/p>\n
Seasonal momentum from major religious holidays is expected to remain\nthe main driver of domestic consumption in the short term in Q1\n2026.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/holiday-season-over-are-consumer-sector-stocks-still-worth-collecting-1777006325", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }