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Indonesian (IDX) Materials Sector Analysis

UpdatedAug 16, 2026
DataAggregated Company Financials
Companies84
  • 7D-2.6%
  • 3M-14.4%
  • 1Y-36.1%
  • YTD-39.8%

Over the last 7 days, the Materials industry has dropped 2.6%, driven by a pullback from Chandra Asri Pacific of 9.9%. However, the industry is down 36% over the past year. Earnings are forecast to grow by 32% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Aug 2026Rp1705.7tRp973.7tRp99.6t11.8x17.1x1.8x
Tue, 14 Jul 2026Rp1521.4tRp940.2tRp117.2t12.1x13x1.6x
Thu, 11 Jun 2026Rp1501.4tRp930.9tRp111.1t12.5x13.5x1.6x
Sat, 09 May 2026Rp2136.9tRp882.1tRp104.0t16.6x20.5x2.4x
Mon, 06 Apr 2026Rp2017.8tRp809.8tRp89.3t16.7x22.6x2.5x
Wed, 04 Mar 2026Rp2527.6tRp753.0tRp80.1t20x31.5x3.4x
Fri, 30 Jan 2026Rp2615.8tRp749.4tRp79.7t20.4x32.8x3.5x
Sun, 28 Dec 2025Rp2643.3tRp749.3tRp79.6t21.5x33.2x3.5x
Tue, 25 Nov 2025Rp2604.1tRp752.0tRp74.8t20x34.8x3.5x
Thu, 23 Oct 2025Rp2637.6tRp699.5tRp69.1t18x38.2x3.8x
Sat, 20 Sep 2025Rp2415.7tRp708.6tRp70.9t15.8x34.1x3.4x
Mon, 18 Aug 2025Rp2383.6tRp679.0tRp68.4t15.5x34.8x3.5x
Wed, 16 Jul 2025Rp2569.6tRp629.9tRp49.2t15.4x52.3x4.1x
Fri, 13 Jun 2025Rp2479.9tRp630.7tRp49.1t16.1x50.6x3.9x
Sun, 11 May 2025Rp2137.2tRp634.7tRp47.7t14.9x44.8x3.4x
Tue, 08 Apr 2025Rp1795.4tRp633.3tRp48.0t13.1x37.4x2.8x
Thu, 06 Mar 2025Rp1892.5tRp634.2tRp45.1t14.1x42x3x
Sat, 01 Feb 2025Rp2057.1tRp640.0tRp47.8t14.7x43x3.2x
Mon, 30 Dec 2024Rp2216.1tRp635.5tRp47.5t14.9x46.7x3.5x
Wed, 27 Nov 2024Rp2288.5tRp624.5tRp43.8t14.7x52.2x3.7x
Fri, 25 Oct 2024Rp2556.7tRp612.0tRp48.7t15.4x52.5x4.2x
Sun, 22 Sep 2024Rp2375.0tRp594.5tRp46.4t14x51.2x4x
Tue, 20 Aug 2024Rp2443.3tRp593.6tRp47.1t14.7x51.8x4.1x
Thu, 18 Jul 2024Rp2500.0tRp591.8tRp38.7t14.1x64.6x4.2x
Sat, 15 Jun 2024Rp2436.9tRp618.6tRp41.2t13.4x59.2x3.9x
Mon, 13 May 2024Rp2238.8tRp602.4tRp41.4t14.2x54.1x3.7x
Wed, 10 Apr 2024Rp2144.1tRp605.3tRp41.8t14.5x51.2x3.5x
Fri, 08 Mar 2024Rp1905.6tRp591.8tRp48.0t13.6x39.7x3.2x
Sun, 04 Feb 2024Rp1895.4tRp592.2tRp45.4t13.4x41.7x3.2x
Tue, 02 Jan 2024Rp1829.3tRp585.0tRp45.2t14.1x40.5x3.1x
Thu, 30 Nov 2023Rp1682.9tRp587.7tRp44.6t14.9x37.8x2.9x
Sat, 28 Oct 2023Rp1577.9tRp599.1tRp51.9t15.5x30.4x2.6x
Mon, 25 Sep 2023Rp1650.5tRp597.9tRp60.4t16.8x27.3x2.8x
Wed, 23 Aug 2023Rp1347.0tRp598.2tRp61.4t15.5x21.9x2.3x
Price to Earnings Ratio

21.9x


Total Market Cap: Rp1347.0tTotal Earnings: Rp61.4tTotal Revenue: Rp598.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Materials Sector Price to Earnings3Y Average 39.3x202420252026
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 17.1x which is lower than its 3-year average PE of 39.3x.
  • The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 1.8x.
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 18% 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 Market0.22%
Materials-2.56%
Packaging5.83%
Paper and Forestry Products3.02%
Metals and Mining-1.25%
Basic Materials-1.89%
Chemicals-6.52%
Industry PE
  • Investors are most optimistic about the Chemicals industry even though it's trading below its 3-year average PE ratio of 161x.
    • Analysts expect its future annual earnings growth (19.1%) 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 6.3x.
Forecasted Growth
  • Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 38% over the next 5 years.
  • However this is lower than its past earnings growth rate of 53% per year.
  • In contrast, the Paper and Forestry Products industry is expected to see its earnings grow by 11% 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
ADMR Alamtri Minerals IndonesiaRp1.68k3.7%
+Rp2.5t		66.3%PE13.1x
PTRO PetroseaRp5.25k2.4%
+Rp1.3t		37.8%PE101.5x
TKIM Pabrik Kertas Tjiwi KimiaRp7.60k5.2%
+Rp1.2t		5.2%PE3x
EMAS Merdeka Gold ResourcesRp7.55k1.0%
+Rp1.1t		n/aPS2247.2x
INKP Indah Kiat Pulp & PaperRp8.50k2.1%
+Rp957.4b		6.6%PE3.9x

Latest News

PSAB
Rp496.00
J Resources Asia Pasifik
7D
7.4%
1Y
20.4%
AVIA
Rp342.00
Avia Avian
7D
4.3%
1Y
-19.3%
Narrative Update • Aug 08

AVIA: Lower Modeled P/E Will Support Stronger Forward Market Repricing

Analysts have cut their price target for Avia Avian to IDR 372.67 from IDR 494, reflecting updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News There are currently no recent public news stories available for Avia Avian based on the provided sources.
BRPT
Rp1,870.00
Barito Pacific
7D
-3.1%
1Y
-18.0%
INCO
Rp5,225.00
Vale Indonesia
7D
-3.2%
1Y
41.6%
Narrative Update • Aug 06

INCO: Upcoming 2026 Dividend Will Support Future Upside Potential

Analysts have slightly reduced their price target for Vale Indonesia to IDR9,587 from IDR9,994, citing updated assumptions that include a revised discount rate, an adjusted revenue growth outlook, higher projected profit margins, and a lower future P/E multiple. What’s in the News for Vale Indonesia PT Vale Indonesia Tbk declared an annual dividend of IDR 77.9000 per share, according to a key developments update.
MBMA
Rp525.00
Merdeka Battery Materials
7D
-4.5%
1Y
28.0%
TPIA
Rp2,010.00
Chandra Asri Pacific
7D
-9.9%
1Y
-78.2%
NCKL
Rp925.00
Trimegah Bangun Persada
7D
-2.1%
1Y
-4.1%
TKIM
Rp7,600.00
Pabrik Kertas Tjiwi Kimia
7D
5.2%
1Y
5.2%
INKP
Rp8,500.00
Indah Kiat Pulp & Paper
7D
2.1%
1Y
6.6%
IMPC
Rp1,405.00
Impack Pratama Industri
7D
-11.9%
1Y
70.3%
EMAS
Rp7,550.00
Merdeka Gold Resources
7D
1.0%
1Y
n/a
AMMN
Rp4,270.00
Amman Mineral Internasional
7D
-3.0%
1Y
-50.1%
ANTM
Rp3,070.00
Antam (Persero)
7D
-2.8%
1Y
5.9%
ADMR
Rp1,680.00
Alamtri Minerals Indonesia
7D
3.7%
1Y
66.3%
PTRO
Rp5,250.00
Petrosea
7D
2.4%
1Y
37.8%
PACK
Rp296.00
Abadi Nusantara Hijau Investama
7D
9.6%
1Y
-92.3%