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Indonesian (IDX) Materials Sector Analysis

UpdatedMar 22, 2026
DataAggregated Company Financials
Companies85
  • 7D-1.6%
  • 3M-22.2%
  • 1Y20.4%
  • YTD-24.2%

Over the last 7 days, the Materials industry has dropped 1.6%, driven by Chandra Asri Pacific declining 6.0%. Meanwhile, Merdeka Gold Resources actually outperformed within the industry, gaining 23% in the last week. In the past year, the industry has gained 20%. As for the next few years, earnings are expected to grow by 21% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Mar 2026Rp2104.3tRp757.0tRp77.7t17.4x27.1x2.8x
Tue, 17 Feb 2026Rp2708.0tRp751.1tRp79.9t21x33.9x3.6x
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
Price to Earnings Ratio

19.6x


Total Market Cap: Rp965.1tTotal Earnings: Rp49.4tTotal Revenue: Rp556.6tTotal 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 3.3x 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 16% 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 37.9x.
    • 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