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Indonesian (IDX) Gold Industry Analysis

UpdatedJul 31, 2026
DataAggregated Company Financials
Companies5
  • 7D-2.2%
  • 3M-27.2%
  • 1Y9.4%
  • YTDn/a

Over the last 7 days, the Gold industry has dropped 1.7%, driven by a pullback from Antam (Persero) of 7.1%. This takes the industry's 12 month performance to a gain of 4.8%. As for the next few years, earnings are expected to grow by 34% per annum.

Industry Valuation and Performance

Has the Indonesian Gold Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 31 Jul 2026Rp200.5tRp103.0tRp15.4t8.1x13x1.9x
Sun, 28 Jun 2026Rp189.0tRp102.8tRp15.4t7.7x12.3x1.8x
Tue, 26 May 2026Rp226.0tRp102.6tRp10.8t14.4x20.9x2.2x
Thu, 23 Apr 2026Rp292.8tRp98.0tRp9.0t23.2x32.5x3x
Sat, 21 Mar 2026Rp283.8tRp109.7tRp8.9t26.8x31.8x2.6x
Mon, 16 Feb 2026Rp261.4tRp109.5tRp8.9t27.6x29.3x2.4x
Wed, 14 Jan 2026Rp235.3tRp109.6tRp8.9t30.1x26.4x2.1x
Fri, 12 Dec 2025Rp184.3tRp109.4tRp8.9t24.1x20.7x1.7x
Sun, 09 Nov 2025Rp173.0tRp109.5tRp8.9t20.2x19.4x1.6x
Tue, 07 Oct 2025Rp186.0tRp114.7tRp7.6t32.3x24.4x1.6x
Thu, 04 Sep 2025Rp122.1tRp114.6tRp7.9t27.6x15.4x1.1x
Sat, 02 Aug 2025Rp97.2tRp96.0tRp6.3t34.4x15.5x1x
Mon, 30 Jun 2025Rp97.1tRp95.8tRp6.2t35.3x15.5x1x
Wed, 28 May 2025Rp90.0tRp95.8tRp6.1t22x14.8x0.9x
Fri, 25 Apr 2025Rp67.6tRp78.0tRp4.0t45.9x17x0.9x
Sun, 23 Mar 2025Rp51.6tRp62.3tRp2.6t35.9x20.2x0.8x
Tue, 18 Feb 2025Rp51.2tRp62.2tRp2.6t36x20x0.8x
Thu, 16 Jan 2025Rp49.3tRp62.2tRp2.6t32.4x19.3x0.8x
Sat, 14 Dec 2024Rp52.7tRp62.0tRp2.6t39.9x20.7x0.8x
Mon, 11 Nov 2024Rp53.5tRp61.9tRp2.5t41.9x21x0.9x
Wed, 09 Oct 2024Rp51.1tRp50.7tRp3.1t24.7x16.6x1x
Fri, 06 Sep 2024Rp45.5tRp50.1tRp2.9t56.7x15.7x0.9x
Sun, 04 Aug 2024Rp45.5tRp50.5tRp2.9t51.3x15.6x0.9x
Tue, 02 Jul 2024Rp41.6tRp45.6tRp1.9t36.5x22.4x0.9x
Thu, 30 May 2024Rp47.7tRp44.0tRp1.2t52.4x39.2x1.1x
Sat, 27 Apr 2024Rp50.9tRp47.0tRp2.8t22.5x18.3x1.1x
Mon, 25 Mar 2024Rp54.1tRp48.5tRp3.7t31.4x14.6x1.1x
Wed, 21 Feb 2024Rp48.6tRp48.5tRp3.7t31x13.2x1x
Fri, 19 Jan 2024Rp50.5tRp48.4tRp3.7t33.6x13.7x1x
Sun, 17 Dec 2023Rp53.0tRp48.4tRp3.7t38x14.3x1.1x
Tue, 14 Nov 2023Rp49.7tRp48.3tRp3.6t31.1x13.8x1x
Thu, 12 Oct 2023Rp54.5tRp53.8tRp3.7t40.1x14.7x1x
Sat, 09 Sep 2023Rp57.8tRp53.7tRp3.7t42.1x15.5x1.1x
Mon, 07 Aug 2023Rp60.6tRp52.6tRp3.6t47.5x17x1.2x
Price to Earnings Ratio

17x


Total Market Cap: Rp60.6tTotal Earnings: Rp3.6tTotal Revenue: Rp52.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Gold Industry Price to Earnings3Y Average 19.3x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Gold 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 12.9x which is lower than its 3-year average PE of 19.3x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have grown 62% per year over the last three years.
  • Revenues for these companies have grown 25% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Indonesian Gold compare with similar industries?

ID Market-2.29%
Materials-3.13%
Metals and Mining-4.63%
Gold-2.23%
Aluminum0.62%
Steel-4.60%
Diversified Metals and Mining-5.19%
Copper-5.69%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
EMAS Merdeka Gold ResourcesRp6.53k5.7%
+Rp5.2t		n/aPS1915.8x
ARCI Archi IndonesiaRp1.08k2.4%
+Rp630.9b		52.1%PE12.4x
PSAB J Resources Asia PasifikRp436.002.8%
+Rp317.5b		9.0%PE2.2x

Latest News

SQMI
Rp67.00
Wilton Makmur Indonesia
7D
-6.9%
1Y
n/a
EMAS
Rp6,525.00
Merdeka Gold Resources
7D
5.7%
1Y
n/a
ARCI
Rp1,080.00
Archi Indonesia
7D
2.4%
1Y
52.1%
ANTM
Rp2,860.00
Antam (Persero)
7D
-4.3%
1Y
-0.7%
PSAB
Rp436.00
J Resources Asia Pasifik
7D
2.8%
1Y
9.0%