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Indonesian (IDX) Materials Sector Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies87
  • 7D-0.6%
  • 3M7.0%
  • 1Y50.0%
  • YTD4.8%

Over the last 7 days, the Materials industry has remained flat, although notably Merdeka Battery Materials gained 15%. As for the the longer term, the industry is up 50% over the past 12 months. 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
Thu, 15 Jan 2026Rp2911.2tRp752.1tRp79.9t22.1x36.4x3.9x
Sat, 13 Dec 2025Rp2726.0tRp751.6tRp74.7t21.2x36.5x3.6x
Mon, 10 Nov 2025Rp2597.4tRp752.4tRp74.9t20.2x34.7x3.5x
Wed, 08 Oct 2025Rp2641.5tRp698.7tRp69.1t18.3x38.2x3.8x
Fri, 05 Sep 2025Rp2332.7tRp704.3tRp70.4t16.1x33.1x3.3x
Sun, 03 Aug 2025Rp2434.4tRp683.3tRp70.8t15.5x34.4x3.6x
Tue, 01 Jul 2025Rp2449.7tRp631.2tRp49.1t15.4x49.9x3.9x
Thu, 29 May 2025Rp2273.2tRp632.4tRp48.8t15.8x46.5x3.6x
Sat, 26 Apr 2025Rp2007.5tRp655.1tRp49.7t14.4x40.4x3.1x
Mon, 24 Mar 2025Rp1803.0tRp631.0tRp42.1t13.1x42.8x2.9x
Wed, 19 Feb 2025Rp2072.7tRp639.5tRp47.8t14.4x43.3x3.2x
Fri, 17 Jan 2025Rp2162.0tRp642.2tRp47.8t15x45.2x3.4x
Sun, 15 Dec 2024Rp2408.0tRp632.4tRp48.7t15x49.5x3.8x
Tue, 12 Nov 2024Rp2325.9tRp618.7tRp43.2t15.1x53.9x3.8x
Thu, 10 Oct 2024Rp2417.1tRp613.2tRp48.7t13.6x49.6x3.9x
Sat, 07 Sep 2024Rp2481.3tRp599.3tRp46.8t14x53x4.1x
Mon, 05 Aug 2024Rp2564.0tRp607.6tRp48.3t14.4x53.1x4.2x
Wed, 03 Jul 2024Rp2468.3tRp606.3tRp41.7t14.1x59.2x4.1x
Fri, 31 May 2024Rp2580.6tRp607.2tRp41.1t13.3x62.9x4.2x
Sun, 28 Apr 2024Rp2154.3tRp613.7tRp42.6t13.4x50.6x3.5x
Tue, 26 Mar 2024Rp2011.8tRp596.5tRp48.0t12.9x41.9x3.4x
Thu, 22 Feb 2024Rp1815.9tRp590.2tRp45.6t13.6x39.8x3.1x
Sat, 20 Jan 2024Rp1798.2tRp591.2tRp45.3t14.1x39.7x3x
Mon, 18 Dec 2023Rp1804.5tRp588.7tRp45.4t13.1x39.7x3.1x
Wed, 15 Nov 2023Rp1643.3tRp581.4tRp43.6t15.8x37.7x2.8x
Fri, 13 Oct 2023Rp1631.7tRp597.3tRp52.2t15.3x31.2x2.7x
Sun, 10 Sep 2023Rp1534.7tRp597.6tRp60.3t16.9x25.4x2.6x
Tue, 08 Aug 2023Rp1273.9tRp596.0tRp61.0t15.6x20.9x2.1x
Thu, 06 Jul 2023Rp1021.9tRp561.4tRp47.9t14.6x21.3x1.8x
Sat, 03 Jun 2023Rp996.1tRp559.3tRp50.3t14.1x19.8x1.8x
Mon, 01 May 2023Rp1146.9tRp555.9tRp54.1t13.2x21.2x2.1x
Wed, 29 Mar 2023Rp965.1tRp556.6tRp49.4t12.5x19.6x1.7x
Fri, 24 Feb 2023Rp1004.2tRp555.5tRp50.8t13.1x19.8x1.8x
Sun, 22 Jan 2023Rp1041.0tRp549.9tRp49.7t13.2x20.9x1.9x
Price to Earnings Ratio

20.9x


Total Market Cap: Rp1041.0tTotal Earnings: Rp49.7tTotal Revenue: Rp549.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Materials Sector Price to Earnings3Y Average 38.8x202420252026
Current Industry PE
  • Investors are relatively neutral on the Indonesian Materials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 38.8x.
  • The 3-year average PS ratio of 3.2x is lower than the industry's current PS ratio of 3.9x.
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 Market0.50%
Materials-0.62%
Metals and Mining3.95%
Paper and Forestry Products3.17%
Basic Materials0.70%
Chemicals-6.93%
Packaging-20.42%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 35.5x.
    • Analysts are expecting annual earnings growth of 71.9%, which is higher than its past year's earnings growth of 61.8% per year.
  • Investors are most pessimistic about the Paper and Forestry Products industry, which is trading close to its 3-year average of 5.9x.
Forecasted Growth
  • Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 72% 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 62% 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
MBMA Merdeka Battery MaterialsRp790.0025.4%
+Rp17.3t		87.2%PE170.6x
ANTM Aneka TambangRp4.05k16.0%
+Rp13.5t		166.4%PE13.1x
ADMR Alamtri Minerals IndonesiaRp1.98k15.8%
+Rp11.0t		88.6%PE15.6x
MDKA Merdeka Copper GoldRp2.99k16.8%
+Rp10.5t		86.9%PS2.3x
EMAS Merdeka Gold ResourcesRp5.68k12.9%
+Rp9.6t		n/aPS43657.2x

Latest News

ARCI
Rp1,900.00
Archi Indonesia
7D
16.9%
1Y
678.7%
ANTM
Rp4,050.00
Aneka Tambang
7D
16.0%
1Y
166.4%
PACK
Rp326.00
Abadi Nusantara Hijau Investama
7D
-88.0%
1Y
-79.0%
ADMR
Rp1,980.00
Alamtri Minerals Indonesia
7D
15.8%
1Y
88.6%
NCKL
Rp1,420.00
Trimegah Bangun Persada
7D
8.8%
1Y
93.2%
AMMN
Rp8,025.00
Amman Mineral Internasional
7D
1.6%
1Y
-2.1%
NICL
Rp1,645.00
PAM Mineral
7D
-5.2%
1Y
547.6%
AVIA
Rp484.00
Avia Avian
7D
-2.8%
1Y
16.9%
MBMA
Rp790.00
Merdeka Battery Materials
7D
25.4%
1Y
87.2%
EMAS
Rp5,675.00
Merdeka Gold Resources
7D
12.9%
1Y
n/a
MDKA
Rp2,990.00
Merdeka Copper Gold
7D
16.8%
1Y
86.9%
TPIA
Rp6,675.00
Chandra Asri Pacific
7D
-1.5%
1Y
-1.1%
DEWA
Rp765.00
Darma Henwa
7D
-4.4%
1Y
565.2%
BRPT
Rp2,830.00
Barito Pacific
7D
-8.4%
1Y
196.3%
IMPC
Rp3,310.00
Impack Pratama Industri
7D
-14.0%
1Y
928.0%
FPNI
Rp805.00
Lotte Chemical Titan
7D
-13.4%
1Y
312.8%