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Indonesian (IDX) Materials Sector Analysis

UpdatedMar 19, 2026
DataAggregated Company Financials
Companies85
  • 7D-7.3%
  • 3M-20.6%
  • 1Y27.9%
  • YTD-24.2%

Over the last 7 days, the Materials industry has dropped 9.5%, driven by Amman Mineral Internasional declining 21%. In contrast, Merdeka Gold Resources has gained 19%. This takes the industry's 12 month performance to a gain of 32%. Looking forward, 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, 19 Mar 2026Rp2104.3tRp755.4tRp81.0t17.5x26x2.8x
Sat, 14 Feb 2026Rp2708.0tRp751.0tRp79.9t21x33.9x3.6x
Mon, 12 Jan 2026Rp2891.8tRp750.9tRp79.8t21.8x36.2x3.9x
Wed, 10 Dec 2025Rp2614.6tRp752.0tRp74.8t21.2x35x3.5x
Fri, 07 Nov 2025Rp2592.2tRp752.7tRp75.4t19.8x34.4x3.4x
Sun, 05 Oct 2025Rp2610.4tRp699.7tRp69.2t16.5x37.7x3.7x
Tue, 02 Sep 2025Rp2284.9tRp703.7tRp70.4t15.5x32.5x3.2x
Thu, 31 Jul 2025Rp2657.6tRp633.6tRp48.9t16.7x54.3x4.2x
Sat, 28 Jun 2025Rp2443.6tRp630.8tRp49.1t15.2x49.8x3.9x
Mon, 26 May 2025Rp2372.1tRp630.9tRp48.8t15.6x48.6x3.8x
Wed, 23 Apr 2025Rp1943.4tRp655.7tRp49.8t14x39x3x
Fri, 21 Mar 2025Rp1836.8tRp642.0tRp46.2t13.4x39.7x2.9x
Sun, 16 Feb 2025Rp1984.5tRp639.1tRp47.8t14x41.5x3.1x
Tue, 14 Jan 2025Rp2218.8tRp640.1tRp47.6t14.6x46.6x3.5x
Thu, 12 Dec 2024Rp2448.2tRp630.6tRp48.5t15.2x50.4x3.9x
Sat, 09 Nov 2024Rp2263.5tRp618.4tRp43.2t15.5x52.4x3.7x
Mon, 07 Oct 2024Rp2377.3tRp609.4tRp49.7t13.8x47.8x3.9x
Wed, 04 Sep 2024Rp2476.7tRp602.6tRp47.2t14.2x52.5x4.1x
Fri, 02 Aug 2024Rp2525.7tRp610.4tRp46.8t13.4x53.9x4.1x
Sun, 30 Jun 2024Rp2436.7tRp613.6tRp41.1t13.6x59.4x4x
Tue, 28 May 2024Rp2463.8tRp603.0tRp40.8t13.4x60.4x4.1x
Thu, 25 Apr 2024Rp2147.8tRp612.4tRp42.4t13.1x50.6x3.5x
Sat, 23 Mar 2024Rp1977.1tRp597.9tRp48.2t13x41.1x3.3x
Mon, 19 Feb 2024Rp1829.6tRp590.3tRp45.2t13.6x40.4x3.1x
Wed, 17 Jan 2024Rp1717.6tRp590.2tRp45.3t14.3x37.9x2.9x
Fri, 15 Dec 2023Rp1790.5tRp586.0tRp45.2t13.1x39.6x3.1x
Sun, 12 Nov 2023Rp1607.0tRp581.0tRp43.5t15x36.9x2.8x
Tue, 10 Oct 2023Rp1634.8tRp597.0tRp52.2t15.3x31.3x2.7x
Thu, 07 Sep 2023Rp1524.3tRp596.3tRp60.2t16.9x25.3x2.6x
Sat, 05 Aug 2023Rp1266.0tRp599.2tRp63.8t15.7x19.9x2.1x
Mon, 03 Jul 2023Rp1019.1tRp562.8tRp49.5t14.8x20.6x1.8x
Wed, 31 May 2023Rp1007.8tRp560.1tRp51.6t14.8x19.5x1.8x
Fri, 28 Apr 2023Rp1134.3tRp553.7tRp54.7t13.3x20.7x2x
Sun, 26 Mar 2023Rp949.5tRp558.1tRp48.5t12.6x19.6x1.7x
Price to Earnings Ratio

19.6x


Total Market Cap: Rp949.5tTotal Earnings: Rp48.5tTotal Revenue: Rp558.1tTotal 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 26.1x 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 18% 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-4.88%
Materials-7.30%
Paper and Forestry Products2.04%
Packaging0.66%
Basic Materials-1.41%
Chemicals-7.80%
Metals and Mining-7.89%
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 expect its future annual earnings growth (67.9%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Paper and Forestry Products industry, which is trading below its 3-year average of 6.0x.
Forecasted Growth
  • Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 68% 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 ResourcesRp9.50k18.8%
+Rp22.1t		n/aPS62529.6x
ADMR Alamtri Minerals IndonesiaRp1.97k5.6%
+Rp4.3t		119.6%PE17.5x
INKP Indah Kiat Pulp & PaperRp9.50k3.0%
+Rp1.5t		97.1%PE5.8x
PSAB J Resources Asia PasifikRp530.007.7%
+Rp1.0t		72.1%PE26.9x
CMNT Cemindo GemilangRp725.007.4%
+Rp856.3b		-16.2%PS1.4x

Latest News

BRMS
Rp680.00
Bumi Resources Minerals
7D
-19.0%
1Y
87.8%
INCO
Rp5,575.00
Vale Indonesia
7D
-13.2%
1Y
132.3%
NCKL
Rp1,145.00
Trimegah Bangun Persada
7D
-13.6%
1Y
70.9%
ADMR
Rp1,965.00
Alamtri Minerals Indonesia
7D
5.6%
1Y
119.6%
ESSA
Rp740.00
ESSA Industries Indonesia
7D
2.8%
1Y
32.1%
ANTM
Rp3,750.00
Aneka Tambang
7D
-5.5%
1Y
125.9%
PSAB
Rp530.00
J Resources Asia Pasifik
7D
7.7%
1Y
72.1%
PTRO
Rp4,320.00
Petrosea
7D
-13.6%
1Y
64.9%
TPIA
Rp5,125.00
Chandra Asri Pacific
7D
-10.1%
1Y
-16.3%
BRPT
Rp1,355.00
Barito Pacific
7D
-7.8%
1Y
102.2%
INKP
Rp9,500.00
Indah Kiat Pulp & Paper
7D
3.0%
1Y
97.1%
TKIM
Rp9,050.00
Pabrik Kertas Tjiwi Kimia
7D
1.4%
1Y
94.6%
SINI
Rp11,500.00
Singaraja Putra
7D
6.7%
1Y
381.2%
AMMN
Rp4,630.00
Amman Mineral Internasional
7D
-15.8%
1Y
-19.1%
EMAS
Rp9,500.00
Merdeka Gold Resources
7D
18.8%
1Y
n/a
CMNT
Rp725.00
Cemindo Gemilang
7D
7.4%
1Y
-16.2%