Indonesian (IDX) Materials Sector Analysis
- 7D-1.0%
- 3M3.2%
- 1Y-3.9%
- YTD-7.6%
Over the last 7 days, the Materials industry has dropped 3.7%, driven by a decline by Barito Pacific of 15%. Meanwhile, Berkah Beton Sadaya actually outperformed within the industry, gaining 17% in the last week. However, the industry is down 4.0% over the past year.
Sector Valuation and Performance
Has the Indonesian Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 05 Dec 2021 | Rp799.8t | Rp413.5t | Rp26.8t | 21.2x |
| Tue, 02 Nov 2021 | Rp798.1t | Rp402.3t | Rp27.8t | 21.3x |
| Thu, 30 Sep 2021 | Rp748.9t | Rp400.7t | Rp27.3t | 20.6x |
| Sat, 28 Aug 2021 | Rp752.0t | Rp404.4t | Rp25.8t | 21.6x |
| Sun, 04 Jul 2021 | Rp764.9t | Rp404.1t | Rp25.7t | 22.8x |
| Wed, 07 Apr 2021 | Rp784.8t | Rp375.0t | Rp16.8t | 20.8x |
| Sat, 09 Jan 2021 | Rp781.3t | Rp359.0t | Rp13.4t | 24.4x |
| Fri, 02 Oct 2020 | Rp558.6t | Rp380.2t | Rp11.3t | 16x |
| Mon, 06 Jul 2020 | Rp548.0t | Rp387.5t | Rp10.5t | 14.6x |
| Thu, 09 Apr 2020 | Rp429.6t | Rp430.8t | Rp13.8t | 11.3x |
| Wed, 01 Jan 2020 | Rp741.3t | Rp404.0t | Rp10.6t | 19.7x |
| Sat, 05 Oct 2019 | Rp663.5t | Rp409.7t | Rp14.3t | 15.2x |
| Tue, 09 Jul 2019 | Rp590.9t | Rp399.1t | Rp17.6t | 13.2x |
| Mon, 01 Apr 2019 | Rp630.6t | Rp399.4t | Rp21.6t | 13.3x |
| Thu, 03 Jan 2019 | Rp592.1t | Rp402.4t | Rp24.9t | 12.5x |
12.5x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 17.2x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: Both revenue and earnings for companies in the Materials industry have remained mostly flat over the last three years. This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Trends
Which industries have driven the changes within the Indonesian Materials sector?
| Packaging | 4.02% | |
| Basic Materials | 1.31% | |
| Metals and Mining | 0.68% | |
| Paper and Forestry Products | -2.05% | |
| Chemicals | -3.90% | |
Industry PE: Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 18.0x. However analysts are expecting annual earnings growth of 17%, which is lower than the prior year's growth of 64% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Paper and Forestry Products industry, which is trading below its 3-year average of 11.4x.
Forecasted Growth: Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 41% over the next 5 years. However this is lower than its past earnings growth rate of 103% per year. Meanwhile, the Paper and Forestry Products industry is expected to see its earnings decline by 2.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| BEBS Berkah Beton Sadaya | 10.1%+Rp3.4t | n/a | PE779.3x | |
| MDKA Merdeka Copper Gold | 2.8%+Rp2.3t | 82.5% | PE1579.5x | |
| INTP Indocement Tunggal Prakarsa | 4.5%+Rp1.7t | -22.6% | PE21.5x | |
| GGRP Gunung Raja Paksi | 7.9%+Rp787.2b | 87.8% | PE16.2x | |
| SMKL Satyamitra Kemas Lestari | 41.5%+Rp448.8b | 133.2% | PE16.5x |