6/30/26
PT ARWANA CITRAMULIA TBK (ARNA.JK) Thesis: Recent declines in net income and EPS growth, coupled with rising competitive pressures, have led to a more cautious outlook among investors.
★ Analysts see FY2026 revenue reaching $3.32T — +13.9% growth in a single year.
What Moves the Stock 1 Changes in housing starts in Indonesia 2 Fluctuations in raw material costs, particularly natural gas and clay 3 Government infrastructure spending initiatives 4 Consumer sentiment affecting construction activity 5 Ceramic tiles - 85% 6 Sanitary ware - 10% 7 Other products - 5% 8 Urbanization in Indonesia driving housing demand 386 419 453 486 520 450.00 ARNA.JK Daily 450.00 Jan '26 Mar '26 May '26 Jun '26
My Notes "Management noted, 'We are facing increased competition, which may impact our pricing power in the near term.'" Moat: Arwana's strong brand and established distribution network provide a durable competitive advantage in the Indonesian market. growth - Investors seeking exposure to the construction sector's expansion in Indonesia may find Arwana appealing. Higher interest rates can dampen housing demand, negatively impacting tile sales and overall revenue. Watch on earnings: Housing starts in Indonesia, Natural gas prices, Consumer sentiment index. One Sentence Summary: PT Arwana Citramulia Tbk: the story is balanced — changes in housing starts in indonesia.
Auto-composed from Stock Alarm intelligence, financial statements, and analyst estimates. Not investment advice.