Ciptadana sees IDR 620.00 target for ESSA Industries Indonesia stock
Published on 10/13/2026 at 14:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Ciptadana Sekuritas Asia set an IDR 620.00 target for ESSA Industries Indonesia on October 13, 2026, according to Bareksa. The target lies 6.90 percent above the IDR 580.00 price. ESSA Industries Indonesia stock was last at IDR 580.00 on the Indonesia Stock Exchange on October 13, 2026 at 4:11 p.m. WIB, down 0.85 percent versus IDR 585.00.
First-half profit reaches USD 30.20 million
ESSA reported USD 186.5 million in revenue for the first half of 2026, up 34.80 percent year over year. Net profit attributable to owners reached USD 30.2 million, an increase of 100.00 percent from the first half of 2025, according to ESSA.
Stock sits below its yearly high
The October 13, 2026 session covered IDR 565.00 to IDR 585.00, with volume of 27,494,100 shares. The IDR 580.00 price stood 41.71 percent below the IDR 995.00 52-week high and 14.85 percent above the IDR 505.00 low.
The 52-week placement gives the Ciptadana target a measurable test. Reaching IDR 620.00 would require a 6.90 percent increase from the latest price, while the current quote remains well above the yearly low.
Valuation and peer comparison
ESSA had a market capitalization of IDR 10.0 trillion, a P/E ratio of 10.10 and a dividend yield of 8.97 percent on October 13, 2026. The valuation profile differs sharply from larger Indonesian chemicals groups.
Comparison with peers
ESSA Industries Indonesia: minus 0.85 percent, P/E 10.10, market capitalization IDR 10.0 trillion
Barito Pacific (Indonesia Stock Exchange, IDR): minus 2.60 percent, P/E 52.29, market capitalization IDR 122.8 trillion
Chandra Asri Pacific (Indonesia Stock Exchange, IDR): plus 1.00 percent, P/E 65.34, market capitalization IDR 131.4 trillion
Price and target remain the key markers
Ciptadana's IDR 620.00 target and the first-half earnings improvement provide the main reference points for the stock. The market quote remains below the 52-week high, while the 8.97 percent dividend yield adds a separate valuation measure.
Market context: Market report IDX Composite.
ESSA Industries Indonesia stock facts
- Company: PT ESSA Industries Indonesia Tbk
- ISIN: ID1000122203
- Ticker: ESSA
- Primary exchange: Indonesia Stock Exchange
- Price Indonesia Stock Exchange (as of October 13, 2026, 4:11 p.m. WIB): IDR 580.00
- Change versus prior close: minus 0.85 percent
- Prior close Indonesia Stock Exchange (October 12, 2026): IDR 585.00
- Market capitalization: IDR 10.0 trillion (as of October 13, 2026)
- 52-week range: IDR 505.00-995.00 (as of October 13, 2026)
- Sector / Industry: Energy / Oil and Gas Refining and Marketing
