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Indonesian (IDX) Metals and Mining Industry Analysis

UpdatedJun 21, 2026
DataAggregated Company Financials
Companies31
  • 7D8.4%
  • 3M-16.8%
  • 1Y-11.4%
  • YTD-28.7%

The Metals and Mining industry is up 8.4% in the last week, with Amman Mineral Internasional up 11%. In the past year, the industry is down 11%. As for the next few years, earnings are expected to grow by 37% per annum.

Industry Valuation and Performance

Has the Indonesian Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Jun 2026Rp1015.4tRp366.3tRp58.3t12.1x17.4x2.8x
Tue, 19 May 2026Rp1040.3tRp364.6tRp52.4t15.8x19.8x2.9x
Thu, 16 Apr 2026Rp1355.0tRp330.3tRp41.9t20.8x32.3x4.1x
Sat, 14 Mar 2026Rp1238.6tRp319.4tRp25.6t17.3x48.4x3.9x
Mon, 09 Feb 2026Rp1407.3tRp318.1tRp25.9t22x54.3x4.4x
Wed, 07 Jan 2026Rp1567.9tRp317.1tRp25.8t28.3x60.7x4.9x
Fri, 05 Dec 2025Rp1246.0tRp320.9tRp24.9t21x50.1x3.9x
Sun, 02 Nov 2025Rp1298.8tRp330.4tRp30.2t20x43x3.9x
Tue, 30 Sep 2025Rp1198.6tRp334.4tRp24.5t21.1x48.9x3.6x
Thu, 28 Aug 2025Rp1122.6tRp321.9tRp24.9t20.4x45.2x3.5x
Sat, 26 Jul 2025Rp1117.7tRp329.4tRp30.7t22.2x36.4x3.4x
Mon, 23 Jun 2025Rp1020.6tRp331.9tRp30.6t23.5x33.3x3.1x
Wed, 21 May 2025Rp914.7tRp332.0tRp30.5t21.1x30x2.8x
Fri, 18 Apr 2025Rp822.3tRp332.0tRp30.6t12.8x26.8x2.5x
Sun, 16 Mar 2025Rp795.1tRp321.0tRp30.9t15.7x25.7x2.5x
Tue, 11 Feb 2025Rp877.0tRp325.2tRp33.3t13.8x26.3x2.7x
Thu, 09 Jan 2025Rp985.7tRp323.8tRp32.9t14.7x29.9x3x
Sat, 07 Dec 2024Rp1120.4tRp322.0tRp34.2t15.9x32.7x3.5x
Mon, 04 Nov 2024Rp1097.9tRp312.5tRp29.1t17.2x37.7x3.5x
Wed, 02 Oct 2024Rp1123.1tRp293.3tRp28.7t28.1x39.1x3.8x
Fri, 30 Aug 2024Rp1183.4tRp291.8tRp28.2t18.4x42x4.1x
Sun, 28 Jul 2024Rp1237.5tRp295.6tRp26.6t20.2x46.6x4.2x
Tue, 25 Jun 2024Rp1176.1tRp290.9tRp22.9t12.2x51.2x4x
Thu, 23 May 2024Rp1200.0tRp278.4tRp22.3t12x53.8x4.3x
Sat, 20 Apr 2024Rp1059.8tRp285.0tRp24.4t11x43.4x3.7x
Mon, 18 Mar 2024Rp1022.0tRp267.1tRp26.8t10.9x38.2x3.8x
Wed, 14 Feb 2024Rp941.4tRp265.8tRp24.0t12.4x39.2x3.5x
Fri, 12 Jan 2024Rp897.4tRp265.0tRp24.0t11.9x37.4x3.4x
Sun, 10 Dec 2023Rp877.8tRp264.0tRp24.3t11.4x36.2x3.3x
Tue, 07 Nov 2023Rp912.5tRp252.1tRp22.3t12.5x41x3.6x
Thu, 05 Oct 2023Rp899.2tRp268.7tRp33.3t14.2x27x3.3x
Sat, 02 Sep 2023Rp806.3tRp264.3tRp34.5t13.5x23.4x3.1x
Mon, 31 Jul 2023Rp655.3tRp266.7tRp36.4t12.5x18x2.5x
Wed, 28 Jun 2023Rp448.7tRp225.0tRp21.4t13.3x21x2x
Price to Earnings Ratio

21x


Total Market Cap: Rp448.7tTotal Earnings: Rp21.4tTotal Revenue: Rp225.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Metals and Mining Industry Price to Earnings3Y Average 38.4x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Metals and Mining 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 17.4x which is lower than its 3-year average PE of 38.4x.
  • The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 40% 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 industry?

ID Market2.22%
Materials6.42%
Metals and Mining8.37%
Copper10.72%
Diversified Metals and Mining10.45%
Gold5.99%
Aluminum3.91%
Steel-2.79%
Industry PE
  • Investors are most optimistic about the Copper industry even though it's trading below its 3-year average PE ratio of 299x.
    • Analysts are expecting annual earnings growth of 31.0%, which is lower than the prior year's growth of 48.5% per year.
  • Investors are most pessimistic about the Steel industry, which is trading below its 3-year average of 12.5x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 45% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Steel industry is expected to see its earnings grow by 27% 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
AMMN Amman Mineral InternasionalRp3.82k10.7%
+Rp26.8t		-49.9%PE28.3x
BRMS Bumi Resources MineralsRp660.0024.5%
+Rp18.4t		59.4%PE98.9x
MDKA Merdeka Copper GoldRp2.93k15.4%
+Rp9.5t		45.0%PS2.1x
MBMA Merdeka Battery MaterialsRp540.0012.0%
+Rp6.3t		31.1%PE110.7x
ANTM Antam (Persero)Rp3.08k8.1%
+Rp5.5t		-3.8%PE8.7x

Latest News

EMAS
Rp7,325.00
Merdeka Gold Resources
7D
5.0%
1Y
n/a
MBMA
Rp540.00
Merdeka Battery Materials
7D
12.0%
1Y
31.1%
ARCI
Rp1,075.00
Archi Indonesia
7D
10.3%
1Y
64.1%
INCO
Rp5,075.00
Vale Indonesia
7D
7.7%
1Y
56.2%
NCKL
Rp865.00
Trimegah Bangun Persada
7D
-2.8%
1Y
28.1%
AMMN
Rp3,820.00
Amman Mineral Internasional
7D
10.7%
1Y
-49.9%
ANTM
Rp3,080.00
Antam (Persero)
7D
8.1%
1Y
-3.8%
ADMR
Rp1,515.00
Alamtri Minerals Indonesia
7D
-3.8%
1Y
48.5%
BRMS
Rp660.00
Bumi Resources Minerals
7D
24.5%
1Y
59.4%
PSAB
Rp440.00
J Resources Asia Pasifik
7D
-6.0%
1Y
-6.8%
DKFT
Rp665.00
Central Omega Resources
7D
-2.2%
1Y
56.8%
NICL
Rp590.00
PAM Mineral
7D
-3.3%
1Y
-46.4%
ALKA
Rp570.00
Alakasa Industrindo
7D
-5.8%
1Y
79.2%
MDKA
Rp2,930.00
Merdeka Copper Gold
7D
15.4%
1Y
45.0%
NICE
Rp264.00
Adhi Kartiko Pratama
7D
-3.6%
1Y
-21.4%
ISSP
Rp394.00
Steel Pipe Industry of Indonesia
7D
-1.0%
1Y
15.2%