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Indonesian (IDX) Materials Sector Analysis

UpdatedMar 21, 2026
DataAggregated Company Financials
Companies85
  • 7D-1.6%
  • 3M-21.2%
  • 1Y20.4%
  • YTD-24.2%

Over the last 7 days, the Materials industry has dropped 1.6%, driven by a pullback from Chandra Asri Pacific of 6.0%. On the other hand Merdeka Gold Resources is actually up 23%. Over the past 12 months, the industry was up 20%. Earnings are forecast to grow by 21% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Mar 2026Rp2104.3tRp756.7tRp77.6t17.4x27.1x2.8x
Mon, 16 Feb 2026Rp2708.0tRp751.0tRp79.9t21x33.9x3.6x
Wed, 14 Jan 2026Rp2886.9tRp751.7tRp79.9t21.7x36.1x3.8x
Fri, 12 Dec 2025Rp2646.0tRp751.9tRp74.8t21.3x35.4x3.5x
Sun, 09 Nov 2025Rp2597.7tRp752.8tRp75.3t20.2x34.5x3.5x
Tue, 07 Oct 2025Rp2648.5tRp700.1tRp69.3t17x38.2x3.8x
Thu, 04 Sep 2025Rp2347.3tRp704.4tRp70.4t15.8x33.3x3.3x
Sat, 02 Aug 2025Rp2681.0tRp667.9tRp70.4t15.7x38.1x4x
Mon, 30 Jun 2025Rp2443.6tRp630.8tRp49.1t15.2x49.8x3.9x
Wed, 28 May 2025Rp2320.4tRp632.0tRp48.8t15.8x47.5x3.7x
Fri, 25 Apr 2025Rp2006.9tRp656.1tRp49.8t14.2x40.3x3.1x
Sun, 23 Mar 2025Rp1803.0tRp630.7tRp41.8t13.1x43.1x2.9x
Tue, 18 Feb 2025Rp2058.0tRp638.3tRp47.7t14.1x43.1x3.2x
Thu, 16 Jan 2025Rp2168.5tRp640.9tRp47.7t14.9x45.5x3.4x
Sat, 14 Dec 2024Rp2408.2tRp632.4tRp48.7t15x49.5x3.8x
Mon, 11 Nov 2024Rp2351.0tRp618.3tRp43.1t15.5x54.5x3.8x
Wed, 09 Oct 2024Rp2417.3tRp613.8tRp50.2t13.7x48.1x3.9x
Fri, 06 Sep 2024Rp2481.2tRp600.2tRp46.9t13.9x52.9x4.1x
Sun, 04 Aug 2024Rp2564.3tRp607.6tRp48.3t14.4x53.1x4.2x
Tue, 02 Jul 2024Rp2488.0tRp613.4tRp41.0t13.4x60.6x4.1x
Thu, 30 May 2024Rp2635.9tRp605.3tRp40.9t13.3x64.4x4.4x
Sat, 27 Apr 2024Rp2177.6tRp613.6tRp42.7t13.4x51x3.5x
Mon, 25 Mar 2024Rp1976.7tRp596.7tRp48.1t13x41.1x3.3x
Wed, 21 Feb 2024Rp1834.9tRp591.2tRp45.3t13.4x40.5x3.1x
Fri, 19 Jan 2024Rp1788.2tRp591.4tRp45.3t13.9x39.4x3x
Sun, 17 Dec 2023Rp1804.4tRp588.7tRp45.4t13.1x39.7x3.1x
Tue, 14 Nov 2023Rp1628.3tRp581.4tRp43.6t15.5x37.4x2.8x
Thu, 12 Oct 2023Rp1644.8tRp597.6tRp52.2t15.2x31.5x2.8x
Sat, 09 Sep 2023Rp1530.4tRp597.4tRp60.3t16.9x25.4x2.6x
Mon, 07 Aug 2023Rp1267.0tRp592.6tRp61.2t15.7x20.7x2.1x
Wed, 05 Jul 2023Rp1025.2tRp560.5tRp47.9t15x21.4x1.8x
Fri, 02 Jun 2023Rp996.1tRp558.4tRp51.5t14.7x19.4x1.8x
Sun, 30 Apr 2023Rp1146.9tRp554.0tRp54.4t13.2x21.1x2.1x
Tue, 28 Mar 2023Rp949.7tRp557.4tRp48.4t12.9x19.6x1.7x
Price to Earnings Ratio

19.6x


Total Market Cap: Rp949.7tTotal Earnings: Rp48.4tTotal Revenue: Rp557.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Materials Sector Price to Earnings3Y Average 39.6x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Materials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 27.1x which is lower than its 3-year average PE of 39.6x.
  • The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 11% 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 Materials sector?

ID Market-1.01%
Materials-1.56%
Paper and Forestry Products4.96%
Basic Materials1.79%
Packaging0.015%
Metals and Mining-1.30%
Chemicals-2.93%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 37.8x.
    • Analysts are expecting annual earnings growth of 67.3%, which is higher than its past year's earnings growth of 61.1% per year.
  • Investors are most pessimistic about the Paper and Forestry Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.0x.
Forecasted Growth
  • Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 67% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Chemicals industry is expected to see its earnings decline by 67% 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
EMAS Merdeka Gold ResourcesRp9.50k23.4%
+Rp26.5t		n/aPS62444.9x
IMPC Impack Pratama IndustriRp1.82k7.7%
+Rp7.1t		494.8%PE165.9x
MDKA Merdeka Copper GoldRp3.31k3.8%
+Rp2.9t		140.7%PS2.6x
INKP Indah Kiat Pulp & PaperRp9.50k5.3%
+Rp2.6t		97.9%PE6.8x
TKIM Pabrik Kertas Tjiwi KimiaRp9.05k5.2%
+Rp1.4t		91.7%PE6x

Latest News

BRMS
Rp680.00
Bumi Resources Minerals
7D
-13.9%
1Y
100.0%
TKIM
Rp9,050.00
Pabrik Kertas Tjiwi Kimia
7D
5.2%
1Y
91.7%
INKP
Rp9,500.00
Indah Kiat Pulp & Paper
7D
5.3%
1Y
97.9%
INCO
Rp5,575.00
Vale Indonesia
7D
-1.3%
1Y
160.5%
NCKL
Rp1,145.00
Trimegah Bangun Persada
7D
-4.2%
1Y
76.2%
ADMR
Rp1,965.00
Alamtri Minerals Indonesia
7D
1.3%
1Y
118.3%
ANTM
Rp3,750.00
Aneka Tambang
7D
-1.6%
1Y
136.6%
PSAB
Rp530.00
J Resources Asia Pasifik
7D
8.2%
1Y
94.9%
PTRO
Rp4,320.00
Petrosea
7D
-4.6%
1Y
60.6%
TPIA
Rp5,125.00
Chandra Asri Pacific
7D
-6.0%
1Y
-29.3%
BRPT
Rp1,355.00
Barito Pacific
7D
-1.1%
1Y
93.6%
MDKA
Rp3,310.00
Merdeka Copper Gold
7D
3.8%
1Y
140.7%
SINI
Rp11,500.00
Singaraja Putra
7D
9.3%
1Y
383.2%
IMPC
Rp1,820.00
Impack Pratama Industri
7D
7.7%
1Y
494.8%
AMMN
Rp4,630.00
Amman Mineral Internasional
7D
-6.5%
1Y
-21.2%
EMAS
Rp9,500.00
Merdeka Gold Resources
7D
23.4%
1Y
n/a