Danantara Indonesia CEO Reports 11% Returns on SOE Stocks

Danantara Indonesia CEO Reports 11% Returns on SOE Stocks

Reporter

May 19, 2026 | 07:05 pm

TEMPO.CO, Jakarta - CEO of the Danantara Indonesia Investment Management Agency Rosan Roeslani stated that state-owned enterprise (BUMN) stocks on the Indonesia Stock Exchange (IDX) have shown good performance. Therefore, these stocks are suitable for long-term investment.

Rosan stated that BUMN stocks have a good yield. “If we look at the state-owned enterprises listed on the stock exchange, if we look at them individually, for example, Himbara (state-owned banks) or minerals, their yield is also very good, above 10 to 11 percent,” said Rosan at the IDX on Tuesday, May 19, 2026.

The Minister of Investment and Industrial Upgrading also mentioned that BUMN companies have good fundamental conditions. Additionally, he noted that the stock prices of state-owned banks remain undervalued compared to their book value. Rosan says that the price-to-book value (PBV) of state-owned bank stocks remains below 1 percent. Under normal conditions, it should reach two or three percent.

Rosan also appreciated the reform efforts carried out by the IDX and the Financial Services Authority (OJK). “Certainly, this is a process that we believe will generate confidence in our stock market in the future,” he said.

Meanwhile, the Director of Corporate Assessment at IDX, I Gede Nyoman Yetna, stated that there are currently 957 companies listed on the exchange. He mentioned that 85 percent of them have submitted their financial reports.

According to Nyoman, from a fundamental perspective, the conditions of these companies are relatively attractive. “The information I can provide is that, fundamentally, the net income and net profit have increased by 21.5 percent,” he said.

Read: Why Has Danantara Indonesia Not Released Its Financial Report?

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