What Fundamental Screeners Are Available for Indonesian Stocks on Pluang?
Pluang offers seven Fundamental Screeners that filter Indonesian stocks purely by company financials: Profitable Market Leaders, Undervalued Opportunities, High Dividend Yield, Strong Financial Health, Stable Dividend Payers, Top 50 Highest ROA, and Top 50 Highest ROE. Each applies a specific combination of accounting metrics — like ROE, P/E, Dividend Yield, and Debt-to-Equity — calibrated to Indonesian-market benchmarks rather than generic global thresholds, so "undervalued" or "high dividend" means something specific to the IDX rather than an arbitrary cutoff. For example, Undervalued Opportunities uses a P/E below 13 because that's the IDX's long-term average, and Profitable Market Leaders requires a Net Profit Margin above 15% because the typical Indonesian company runs 10–12%. Five of the seven use fixed threshold criteria that any number of stocks can pass; the remaining two (Top 50 Highest ROA and Top 50 Highest ROE) are ranking screeners that always return exactly 50 stocks regardless of threshold.
The seven Fundamental Screeners and their criteria:
| Screener | Criteria | What it shows |
|---|---|---|
| Profitable Market Leaders | Market Cap > Rp500 trillion AND Net Profit Margin > 15% AND ROE > 15% | Large, highly profitable Indonesian companies |
| Undervalued Opportunities | P/E Ratio below 13 (above 4) AND P/B Ratio < 1.5 AND Debt-to-Equity < 0.7 | Stocks priced cheaply relative to earnings and book value, without excessive debt |
| High Dividend Yield | Dividend Yield > 5% AND Consistent Dividend History (>5 years) AND Market Cap > Rp100 trillion | Large, reliable dividend payers |
| Strong Financial Health | Debt-to-Equity < 0.5 AND ROE > 20% AND Interest Coverage Ratio > 15 | Low-debt companies with strong returns and comfortably covered interest expense |
| Stable Dividend Payers | Dividend Yield 3–7% AND Dividend Payout Ratio < 60% AND EPS Growth positive (5 yrs) | Steady-yield stocks with room to keep growing dividends |
| Top 50 Highest ROA | Top 50 stocks ranked by Return on Assets | The 50 Indonesian stocks generating the most profit per Rupiah of assets |
| Top 50 Highest ROE | Top 50 stocks ranked by Return on Equity | The 50 Indonesian stocks generating the most profit per Rupiah of shareholder equity |
Why the thresholds are calibrated to Indonesia: the typical Indonesian Net Profit Margin runs around 10–12%, so the 15% threshold for Profitable Market Leaders genuinely flags outperformers rather than the market average. The long-term IDX P/E average sits at 13–15, which is why 13 is used as the "undervalued" cutoff instead of a lower global benchmark. Don't know what these metrics mean in plain language? See the Fundamental Screener metrics FAQ for a full breakdown of P/E, P/B, ROE, ROA, Debt-to-Equity, and the rest.
Related questions:
Q: Why is the Undervalued Opportunities P/E threshold "below 13 but above 4"?
Below 13 catches stocks priced cheaply relative to the IDX's long-term average P/E of 13–15. Above 4 filters out stocks that may only look cheap because their earnings are unreliable, one-off, or about to decline — an extremely low P/E is often a warning sign rather than a bargain.
Q: What's the difference between High Dividend Yield and Stable Dividend Payers?
High Dividend Yield prioritizes the highest current payouts, requiring yield above 5% plus a 5-year consistent history. Stable Dividend Payers instead prioritizes sustainability over size — a moderate 3–7% yield combined with a payout ratio under 60% and positive 5-year EPS growth, so dividends have room to keep growing rather than just staying high.
Q: Are Top 50 Highest ROA and Top 50 Highest ROE the same list?
No, and often quite different. ROA measures profit per Rupiah of total assets, while ROE measures profit per Rupiah of shareholder equity. A heavily indebted company can post a high ROE while its ROA stays low, because debt inflates equity-based returns without necessarily making the company more efficient with its total assets.
Q: Do Fundamental Screeners refresh in real time?
No, not the underlying financial data. Metrics like ROE, P/E, and Dividend Yield only update when companies publish quarterly or annual results, so a stock's fundamental screener status can stay unchanged for weeks. The live price and 1D % change columns, however, do update in real time during trading hours.