Indonesian Materials Potentially Undervalued Companies

Central Omega Resources

Market Cap: Rp3.8t

Engages in the mineral mining business in Indonesia.

TIMAH

Market Cap: Rp8.3t

Engages in tin mining and smelting operations in Indonesia and internationally.

Suparma

Market Cap: Rp902.1b

Manufactures and sells paper and related paper products in Indonesia.

Alamtri Minerals Indonesia

Market Cap: Rp41.9t

Engages in metallurgical coal mining business in Indonesia.

Pelat Timah Nusantara

Market Cap: Rp575.3b

Operates as a tinplate manufacturer in Indonesia.

Alumindo Light Metal Industry

Market Cap: Rp282.4b

Manufactures and sells flat rolled aluminum products in Indonesia, the United States, Asia, Europe, Australia, and the Middle East.

OBM Drilchem

Market Cap: Rp227.3b

Operates as a manufacturer and provider of specialty drilling fluid additives to the drilling industry in Indonesia and internationally.

Saraswanti Anugerah Makmur

Market Cap: Rp3.3t

Engages in the production and distribution of non-subsidized NPK Fertilizers in Indonesia.

Merdeka Copper Gold

Market Cap: Rp60.8t

Engages in the mining business in Indonesia.

PAM Mineral

Market Cap: Rp11.4t

Together with its subsidiary, PT Indrabakti Mustika, engages in mining and quarrying of mineral properties in Indonesia.

Indocement Tunggal Prakarsa

Market Cap: Rp23.2t

Manufactures and sells cement and ready-mix concrete products in Indonesia and internationally.

Argha Karya Prima Industry

Market Cap: Rp419.4b

Engages in the production and distribution of flexible packaging films in Indonesia, Africa, the America, the Middle East, Europe, Australia, New Zealand, and rest of Asia.

Indah Kiat Pulp & Paper

Market Cap: Rp41.6t

Manufactures and sells cultural paper, pulp, tissue, and industrial paper in Indonesia, rest of Asia, the United States, Australia, the Middle East, Africa, and Europe.

Emdeki Utama

Market Cap: Rp495.9b

Produces and sells calcium carbide in Indonesia.

Saranacentral Bajatama

Market Cap: Rp255.6b

Engages in manufacturing and trading of steel products in Indonesia.

Unggul Indah Cahaya

Market Cap: Rp3.0t

Engages in the manufacture and sale of alkylbenzene chemicals in Indonesia.

Kedawung Setia Industrial

Market Cap: Rp761.4b

Produces and sells corrugated cardboard boxes, enamel roofing panels, and enamel-coated household appliances in Indonesia.

PT. Polychem Indonesia

Market Cap: Rp571.7b

Engages in the chemical and polyester businesses in Indonesia, Asia, and Europe.

Surya Biru Murni Acetylene

Market Cap: Rp125.5b

Produces chemical industrial gases in Indonesia.

Lionmesh Prima

Market Cap: Rp24.6b

Engages in the manufacturing and selling welded steel wire mesh products primarily in Indonesia.

Steel Pipe Industry of Indonesia

Market Cap: Rp2.8t

Together with its subsidiary, PT Spindo Engineering Industry, manufactures and sells steel pipes/tubes and other related products in Indonesia and internationally.

Trimegah Bangun Persada

Market Cap: Rp68.8t

PT Trimegah Bangun Persada TBK engages in the nickel ore mining and processing business in China, Switzerland, Sweden, and Indonesia.

Vale Indonesia

Market Cap: Rp42.4t

Engages in the mining and processing of nickel in Indonesia.

Pelangi Indah Canindo

Market Cap: Rp122.8b

Manufactures and sells metal containers in Indonesia.

Megalestari Epack Sentosaraya

Market Cap: Rp128.8b

Engages in plastic packaging business in Indonesia.

Aneka Tambang

Market Cap: Rp83.1t

Operates as a diversified metals and mining company in Indonesia.