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Indonesian (IDX) Industrials Sector Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies156
  • 7D-7.3%
  • 3M-6.9%
  • 1Y41.7%
  • YTD-14.7%

Over the last 7 days, the Industrials industry has dropped 7.3%, driven by Astra International declining 4.9%. On the other hand Pelayaran Nasional Ekalya Purnamasari is actually up 6.0%. Over the past 12 months, the industry was up 42%. Looking forward, earnings are forecast to grow by 10% annually.

Sector Valuation and Performance

Has the Indonesian Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Mar 2026Rp595.2tRp609.9tRp50.4t14.8x11.8x1x
Wed, 11 Feb 2026Rp673.3tRp611.4tRp50.0t17.8x13.5x1.1x
Fri, 09 Jan 2026Rp730.5tRp611.9tRp50.1t19.2x14.6x1.2x
Sun, 07 Dec 2025Rp630.8tRp611.3tRp50.1t18.4x12.6x1x
Tue, 04 Nov 2025Rp575.1tRp619.9tRp52.0t14.7x11.1x0.9x
Thu, 02 Oct 2025Rp520.3tRp621.8tRp52.5t13.9x9.9x0.8x
Sat, 30 Aug 2025Rp492.7tRp623.4tRp52.9t13.5x9.3x0.8x
Mon, 28 Jul 2025Rp454.5tRp621.2tRp54.2t12.1x8.4x0.7x
Wed, 25 Jun 2025Rp414.7tRp621.1tRp53.9t11.8x7.7x0.7x
Fri, 23 May 2025Rp429.5tRp620.8tRp53.6t11.9x8x0.7x
Sun, 20 Apr 2025Rp428.7tRp642.7tRp52.7t11.7x8.1x0.7x
Tue, 18 Mar 2025Rp426.5tRp641.2tRp54.4t10.2x7.8x0.7x
Thu, 13 Feb 2025Rp436.4tRp635.7tRp53.8t10.4x8.1x0.7x
Sat, 11 Jan 2025Rp448.6tRp634.7tRp53.8t10.5x8.3x0.7x
Mon, 09 Dec 2024Rp473.3tRp633.8tRp53.9t10.6x8.8x0.7x
Wed, 06 Nov 2024Rp474.5tRp622.9tRp53.5t10.4x8.9x0.8x
Fri, 04 Oct 2024Rp478.5tRp611.8tRp50.9t10.8x9.4x0.8x
Sun, 01 Sep 2024Rp471.3tRp612.9tRp47.7t10.6x9.9x0.8x
Tue, 30 Jul 2024Rp441.3tRp613.0tRp47.4t11.4x9.3x0.7x
Thu, 27 Jun 2024Rp411.6tRp610.8tRp47.8t10.4x8.6x0.7x
Sat, 25 May 2024Rp435.2tRp610.1tRp48.0t11.4x9.1x0.7x
Mon, 22 Apr 2024Rp446.6tRp587.7tRp57.9t10.6x7.7x0.8x
Wed, 20 Mar 2024Rp463.8tRp576.6tRp56.7t11.2x8.2x0.8x
Fri, 16 Feb 2024Rp448.5tRp599.9tRp48.9t11x9.2x0.7x
Sun, 14 Jan 2024Rp472.6tRp615.7tRp47.1t11.1x10x0.8x
Tue, 12 Dec 2023Rp471.3tRp616.0tRp47.1t10.4x10x0.8x
Thu, 09 Nov 2023Rp477.4tRp616.7tRp47.7t11x10x0.8x
Sat, 07 Oct 2023Rp497.2tRp609.0tRp44.5t11.6x11.2x0.8x
Mon, 04 Sep 2023Rp524.3tRp609.0tRp44.6t12x11.8x0.9x
Wed, 02 Aug 2023Rp521.1tRp593.9tRp48.4t12.2x10.8x0.9x
Fri, 30 Jun 2023Rp508.8tRp591.1tRp45.3t11.9x11.2x0.9x
Sun, 28 May 2023Rp502.0tRp593.9tRp46.0t11.9x10.9x0.8x
Tue, 25 Apr 2023Rp235.7tRp275.6tRp15.6t12.4x15.2x0.9x
Thu, 23 Mar 2023Rp234.4tRp269.4tRp15.9t11.9x14.8x0.9x
Price to Earnings Ratio

14.8x


Total Market Cap: Rp234.4tTotal Earnings: Rp15.9tTotal Revenue: Rp269.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Industrials Sector Price to Earnings3Y Average 10.1x202420252026
Current Industry PE
  • Investors are optimistic on the Indonesian Industrials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 11.8x which is higher than its 3-year average PE of 10.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 47% per year over the last three years.
  • Revenues for these companies have grown 32% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indonesian Industrials sector?

ID Market-7.00%
Industrials-7.30%
Aerospace & Defense0%0
Building-0.96%
Electrical-1.89%
Commercial Services-3.27%
Marine and Shipping-3.86%
Industrials-6.38%
Transportation-6.52%
Logistics-8.80%
Construction-9.73%
Professional Services-10.02%
Trade Distributors-10.35%
Infrastructure-11.21%
Airlines-12.04%
Machinery-15.50%
Industry PE
  • Investors are most optimistic about the Machinery industry which is trading above its 3-year average PE ratio of 40.3x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Industrials industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.9x.
Forecasted Growth
  • Analysts are most optimistic on the Marine and Shipping industry, expecting annual earnings growth of 56% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Industrials industry is expected to see its earnings grow by 3.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ELPI Pelayaran Nasional Ekalya PurnamasariRp1.33k6.4%
+Rp593.0b
254.3%PE46x
BESS Batulicin Nusantara MaritimRp1.44k12.5%
+Rp550.5b
34.0%PE52.3x
SKRN Superkrane Mitra UtamaRp466.0010.4%
+Rp313.2b
35.5%PE14.8x
SSIA Surya Semesta InternusaRp1.17k4.0%
+Rp211.7b
27.9%PE448.5x
PBSA Paramita Bangun SaranaRp1.24k6.0%
+Rp210.0b
235.6%PE15.9x

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