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Indonesian (IDX) Materials Sector Analysis

UpdatedApr 04, 2026
DataAggregated Company Financials
Companies85
  • 7D-3.1%
  • 3M-27.3%
  • 1Y18.0%
  • YTD-27.3%

Over the last 7 days, the Materials industry has dropped 3.1%, driven by Chandra Asri Pacific declining 17%. Meanwhile, Impack Pratama Industri actually outperformed within the industry, gaining 20% in the last week. This takes the industry's 12 month performance to a gain of 18%. As for the next few years, earnings are expected to grow by 5.1% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 04 Apr 2026Rp2017.8tRp809.3tRp89.2t16.7x22.6x2.5x
Mon, 02 Mar 2026Rp2732.3tRp749.7tRp79.7t20.2x34.3x3.6x
Wed, 28 Jan 2026Rp2939.8tRp748.2tRp79.5t22.4x37x3.9x
Fri, 26 Dec 2025Rp2643.3tRp749.1tRp79.6t21.5x33.2x3.5x
Sun, 23 Nov 2025Rp2544.3tRp753.0tRp74.9t19.8x33.9x3.4x
Tue, 21 Oct 2025Rp2648.8tRp698.4tRp69.0t16.8x38.4x3.8x
Thu, 18 Sep 2025Rp2390.3tRp704.4tRp70.4t16.6x34x3.4x
Sat, 16 Aug 2025Rp2399.9tRp679.5tRp68.5t15.5x35.1x3.5x
Mon, 14 Jul 2025Rp2534.4tRp628.8tRp49.1t15.5x51.6x4x
Wed, 11 Jun 2025Rp2502.1tRp632.4tRp49.0t15.9x51.1x4x
Fri, 09 May 2025Rp2173.6tRp634.1tRp47.6t15.6x45.7x3.4x
Sun, 06 Apr 2025Rp1795.4tRp632.7tRp47.9t13.1x37.5x2.8x
Tue, 04 Mar 2025Rp1971.9tRp642.8tRp47.3t13.6x41.7x3.1x
Thu, 30 Jan 2025Rp2150.0tRp637.2tRp47.6t15.1x45.1x3.4x
Sat, 28 Dec 2024Rp2216.0tRp635.5tRp47.5t14.9x46.7x3.5x
Mon, 25 Nov 2024Rp2234.3tRp623.3tRp43.7t14.6x51.1x3.6x
Wed, 23 Oct 2024Rp2573.6tRp612.0tRp48.7t15.8x52.8x4.2x
Fri, 20 Sep 2024Rp2485.6tRp596.6tRp46.6t14.2x53.4x4.2x
Sun, 18 Aug 2024Rp2446.7tRp596.6tRp47.4t14.4x51.6x4.1x
Tue, 16 Jul 2024Rp2529.6tRp593.7tRp38.8t14.2x65.1x4.3x
Thu, 13 Jun 2024Rp2444.5tRp616.3tRp41.0t13.8x59.6x4x
Sat, 11 May 2024Rp2238.8tRp603.6tRp41.4t13.7x54.1x3.7x
Mon, 08 Apr 2024Rp2144.1tRp605.5tRp41.9t14.5x51.2x3.5x
Wed, 06 Mar 2024Rp1867.6tRp594.4tRp48.2t13.1x38.7x3.1x
Fri, 02 Feb 2024Rp1891.1tRp594.4tRp45.6t13.4x41.5x3.2x
Sun, 31 Dec 2023Rp1829.2tRp585.0tRp45.2t14.1x40.5x3.1x
Tue, 28 Nov 2023Rp1635.5tRp588.1tRp44.6t14.7x36.7x2.8x
Thu, 26 Oct 2023Rp1581.7tRp599.7tRp52.2t15.8x30.3x2.6x
Sat, 23 Sep 2023Rp1638.4tRp597.9tRp60.4t16.8x27.1x2.7x
Mon, 21 Aug 2023Rp1314.6tRp597.4tRp61.3t14.4x21.4x2.2x
Wed, 19 Jul 2023Rp1165.2tRp602.7tRp64.2t15x18.1x1.9x
Fri, 16 Jun 2023Rp1019.7tRp567.6tRp48.9t15x20.8x1.8x
Sun, 14 May 2023Rp1060.7tRp558.5tRp53.1t12.4x20x1.9x
Tue, 11 Apr 2023Rp957.3tRp547.7tRp49.0t12.6x19.6x1.7x
Price to Earnings Ratio

19.6x


Total Market Cap: Rp957.3tTotal Earnings: Rp49.0tTotal Revenue: Rp547.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Materials Sector Price to Earnings3Y Average 39.7x202420252026
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 22.6x which is lower than its 3-year average PE of 39.7x.
  • The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 14% 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-1.79%
Materials-3.11%
Packaging6.64%
Basic Materials-0.076%
Metals and Mining-0.34%
Paper and Forestry Products-3.26%
Chemicals-8.11%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry even though it's trading below its 3-year average PE ratio of 38.1x.
    • Analysts are expecting annual earnings growth of 52.5%, which is higher than its past year's earnings growth of 30.7% per year.
  • Investors are most pessimistic about the Paper and Forestry Products industry, which is trading close to its 3-year average of 6.1x.
Forecasted Growth
  • Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 52% over the next 5 years.
  • This is better than its past earnings growth rate of 31% per year.
  • In contrast, the Chemicals industry is expected to see its earnings decline by 101% 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
IMPC Impack Pratama IndustriRp2.24k20.4%
+Rp20.9t		636.8%PE198.2x
MBMA Merdeka Battery MaterialsRp730.009.8%
+Rp7.0t		143.3%PE156.8x
BRMS Bumi Resources MineralsRp735.003.5%
+Rp3.5t		121.4%PE122.6x
ANTM Aneka TambangRp3.64k4.0%
+Rp3.4t		122.6%PE12.1x
INCO Vale IndonesiaRp5.50k2.8%
+Rp1.6t		142.3%PE44.8x

Latest News

IMPC
Rp2,240.00
Impack Pratama Industri
7D
20.4%
1Y
636.8%
BRMS
Rp735.00
Bumi Resources Minerals
7D
3.5%
1Y
121.4%
ANTM
Rp3,640.00
Aneka Tambang
7D
4.0%
1Y
122.6%
TPIA
Rp4,170.00
Chandra Asri Pacific
7D
-17.0%
1Y
-42.1%
AGII
Rp3,330.00
Samator Indo Gas
7D
15.2%
1Y
178.7%
BRPT
Rp1,280.00
Barito Pacific
7D
-3.8%
1Y
80.3%
MBMA
Rp730.00
Merdeka Battery Materials
7D
9.8%
1Y
143.3%
EMAS
Rp8,200.00
Merdeka Gold Resources
7D
-3.5%
1Y
n/a
AMMN
Rp4,700.00
Amman Mineral Internasional
7D
-3.1%
1Y
-12.6%
PTRO
Rp4,300.00
Petrosea
7D
-3.4%
1Y
76.2%
INCO
Rp5,500.00
Vale Indonesia
7D
2.8%
1Y
142.3%

INCO: Lower Discount Rate And Stronger Margins Will Support 2025 Upside

Analysts have lifted their price target on Vale Indonesia to IDR 7,136 from IDR 6,467, citing updated assumptions for slightly higher revenue, profit margins and a modestly higher forward P/E multiple, alongside a small adjustment to the discount rate. Valuation Changes Fair Value: IDR 7,136, up from IDR 6,467, reflecting the latest model output.
TKIM
Rp8,400.00
Pabrik Kertas Tjiwi Kimia
7D
-5.1%
1Y
71.4%
NCKL
Rp1,120.00
Trimegah Bangun Persada
7D
-3.0%
1Y
62.3%
ADMR
Rp1,880.00
Alamtri Minerals Indonesia
7D
-4.6%
1Y
108.9%
PSAB
Rp510.00
J Resources Asia Pasifik
7D
7.1%
1Y
100.8%
TINS
Rp3,380.00
TIMAH
7D
6.6%
1Y
252.1%