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Indonesian (IDX) Industrials Sector Analysis

UpdatedApr 28, 2026
DataAggregated Company Financials
Companies156
  • 7D-1.7%
  • 3M-8.6%
  • 1Y51.0%
  • YTD-4.7%

Over the last 7 days, the Industrials industry has dropped 1.7%, driven by a pullback from Astra International of 4.7%. Meanwhile, BSA Logistics Indonesia actually outperformed within the industry, gaining 56% in the last week. This takes the industry's 12 month performance to a gain of 51%. Earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 28 Apr 2026Rp674.2tRp618.8tRp36.6t16.6x18.4x1.1x
Thu, 26 Mar 2026Rp638.0tRp610.7tRp50.3t15.5x12.7x1x
Sat, 21 Feb 2026Rp699.6tRp611.6tRp50.0t17.6x14x1.1x
Mon, 19 Jan 2026Rp753.3tRp612.2tRp50.1t19.3x15x1.2x
Wed, 17 Dec 2025Rp650.0tRp611.4tRp50.1t17.8x13x1.1x
Fri, 14 Nov 2025Rp586.6tRp611.5tRp50.5t17.2x11.6x1x
Sun, 12 Oct 2025Rp548.5tRp621.8tRp52.6t13.7x10.4x0.9x
Tue, 09 Sep 2025Rp483.7tRp623.1tRp52.9t13.9x9.1x0.8x
Thu, 07 Aug 2025Rp450.6tRp622.7tRp53.1t12.6x8.5x0.7x
Sat, 05 Jul 2025Rp418.2tRp620.1tRp53.8t11.8x7.8x0.7x
Mon, 02 Jun 2025Rp437.8tRp621.1tRp54.1t12.5x8.1x0.7x
Wed, 30 Apr 2025Rp442.3tRp642.7tRp52.7t12.5x8.4x0.7x
Fri, 28 Mar 2025Rp420.6tRp642.0tRp54.4t10x7.7x0.7x
Sun, 23 Feb 2025Rp448.5tRp635.5tRp53.8t10.5x8.3x0.7x
Tue, 21 Jan 2025Rp464.0tRp635.4tRp53.9t10.7x8.6x0.7x
Thu, 19 Dec 2024Rp456.4tRp634.6tRp53.9t10.5x8.5x0.7x
Sat, 16 Nov 2024Rp458.3tRp633.6tRp53.9t10.4x8.5x0.7x
Mon, 14 Oct 2024Rp473.4tRp611.9tRp50.8t11.2x9.3x0.8x
Wed, 11 Sep 2024Rp469.1tRp612.1tRp50.6t11.2x9.3x0.8x
Fri, 09 Aug 2024Rp440.9tRp614.3tRp47.8t10.4x9.2x0.7x
Sun, 07 Jul 2024Rp433.4tRp610.3tRp47.7t10.8x9.1x0.7x
Tue, 04 Jun 2024Rp413.4tRp610.1tRp48.1t10.8x8.6x0.7x
Thu, 02 May 2024Rp466.7tRp611.0tRp50.7t11.4x9.2x0.8x
Sat, 30 Mar 2024Rp458.9tRp581.6tRp57.1t10.6x8x0.8x
Mon, 26 Feb 2024Rp462.6tRp599.8tRp48.9t11x9.5x0.8x
Wed, 24 Jan 2024Rp455.0tRp616.1tRp47.1t11x9.7x0.7x
Fri, 22 Dec 2023Rp467.4tRp615.4tRp47.1t10.8x9.9x0.8x
Sun, 19 Nov 2023Rp480.1tRp615.1tRp47.0t11.6x10.2x0.8x
Tue, 17 Oct 2023Rp502.9tRp609.6tRp44.5t11.6x11.3x0.8x
Thu, 14 Sep 2023Rp514.8tRp608.1tRp44.4t12x11.6x0.8x
Sat, 12 Aug 2023Rp522.4tRp607.7tRp44.1t12.4x11.8x0.9x
Mon, 10 Jul 2023Rp521.8tRp593.6tRp45.4t12.1x11.5x0.9x
Wed, 07 Jun 2023Rp508.7tRp593.8tRp46.2t11.5x11x0.9x
Fri, 05 May 2023Rp508.7tRp589.6tRp46.4t12.2x11x0.9x
Price to Earnings Ratio

11x


Total Market Cap: Rp508.7tTotal Earnings: Rp46.4tTotal Revenue: Rp589.6tTotal 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 18.4x which is higher than its 3-year average PE of 10.1x.
  • The 3-year average PS ratio of 0.81x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have declined 7.6% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

ID Market-6.87%
Industrials-1.67%
Transportation14.89%
Construction2.78%
Commercial Services1.86%
Aerospace & Defense0%0
Professional Services-0.38%
Logistics-0.62%
Electrical-0.68%
Building-0.91%
Marine and Shipping-1.46%
Airlines-1.52%
Trade Distributors-2.80%
Industrials-2.99%
Infrastructure-3.65%
Machinery-6.51%
Industry PE
  • Investors are most optimistic about the Machinery industry which is trading above its 3-year average PE ratio of 43.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Construction industry, expecting annual earnings growth of 64% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Industrials industry is expected to see its earnings grow by 4.0% 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
WBSA BSA Logistics IndonesiaRp1.33k55.6%
+Rp4.1t
n/aPS5.4x
ALII Ancara Logistics IndonesiaRp975.0012.7%
+Rp1.7t
97.4%PE41.2x
RMKE RMK EnergyRp3.29k3.1%
+Rp437.5b
545.1%PE59.5x
JTPE Jasuindo Tiga PerkasaRp655.005.6%
+Rp239.4b
179.9%PE12.7x
INPS Indah Prakasa SentosaRp810.0058.8%
+Rp195.0b
686.4%PS2x

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