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Indonesian (IDX) Utilities Sector Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies11
  • 7D-2.8%
  • 3M10.5%
  • 1Y39.0%
  • YTD17.8%

Over the last 7 days, the Utilities industry has dropped 2.8%, driven by Barito Renewables Energy declining 2.3%. On the other hand PT. Arkora Hydro is actually up 11%. In the past year, the industry has gained 39%. Looking forward, earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 17 Nov 2025Rp1672.1tRp95.6tRp12.4t44.8x135x17.5x
Wed, 15 Oct 2025Rp1638.7tRp94.4tRp12.2t47.9x134.6x17.4x
Fri, 12 Sep 2025Rp1436.9tRp93.3tRp11.2t41.3x128.4x15.4x
Sun, 10 Aug 2025Rp1388.1tRp90.7tRp10.8t41.6x129x15.3x
Tue, 08 Jul 2025Rp894.6tRp88.7tRp10.3t25.4x86.6x10.1x
Thu, 05 Jun 2025Rp939.7tRp89.1tRp10.4t25.1x90.5x10.6x
Sat, 03 May 2025Rp903.2tRp89.7tRp10.4t23.9x87x10.1x
Mon, 31 Mar 2025Rp823.9tRp90.2tRp11.7t18.6x70.3x9.1x
Wed, 26 Feb 2025Rp914.8tRp88.7tRp11.5t13x79.3x10.3x
Fri, 24 Jan 2025Rp1439.1tRp88.3tRp11.5t14.4x125.4x16.3x
Sun, 22 Dec 2024Rp1325.1tRp87.8tRp11.4t15.2x116.3x15.1x
Tue, 19 Nov 2024Rp987.6tRp86.0tRp11.2t16.4x88.5x11.5x
Thu, 17 Oct 2024Rp1024.1tRp83.0tRp10.3t18.5x99.5x12.3x
Sat, 14 Sep 2024Rp1672.3tRp82.4tRp10.2t18.1x163.7x20.3x
Mon, 12 Aug 2024Rp1222.4tRp84.5tRp10.5t19.2x116.9x14.5x
Wed, 10 Jul 2024Rp1435.0tRp86.2tRp10.7t19x134.2x16.7x
Fri, 07 Jun 2024Rp1097.2tRp86.2tRp10.7t18.2x102.6x12.7x
Sun, 05 May 2024Rp1425.0tRp85.1tRp10.6t19.1x134.5x16.7x
Tue, 02 Apr 2024Rp819.1tRp84.0tRp10.5t14.2x78.3x9.7x
Thu, 29 Feb 2024Rp891.9tRp73.2tRp7.7t16.8x115.9x12.2x
Sat, 27 Jan 2024Rp794.9tRp73.9tRp7.8t16.1x102.4x10.8x
Mon, 25 Dec 2023Rp1095.3tRp71.9tRp7.6t10.9x144.4x15.2x
Wed, 22 Nov 2023Rp1005.9tRp71.9tRp7.6t12.2x132.8x14x
Fri, 20 Oct 2023Rp648.9tRp73.4tRp7.8t18.4x83.7x8.8x
Sun, 17 Sep 2023Rp109.3tRp71.2tRp7.5t19.4x14.5x1.5x
Tue, 15 Aug 2023Rp89.2tRp71.8tRp8.4t14.1x10.6x1.2x
Thu, 13 Jul 2023Rp81.5tRp70.8tRp8.1t14.2x10.1x1.2x
Sat, 10 Jun 2023Rp85.2tRp69.7tRp8.0t14.5x10.7x1.2x
Mon, 08 May 2023Rp80.0tRp68.5tRp7.6t15.4x10.5x1.2x
Wed, 05 Apr 2023Rp75.7tRp65.7tRp8.2t12.3x9.3x1.2x
Fri, 03 Mar 2023Rp89.1tRp67.4tRp8.5t13.8x10.4x1.3x
Sun, 29 Jan 2023Rp52.5tRp60.2tRp6.4t10.6x8.2x0.9x
Tue, 27 Dec 2022Rp58.3tRp62.7tRp6.7t11.5x8.7x0.9x
Thu, 24 Nov 2022Rp61.8tRp63.0tRp6.6t18.8x9.3x1x
Price to Earnings Ratio

9.3x


Total Market Cap: Rp61.8tTotal Earnings: Rp6.6tTotal Revenue: Rp63.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Utilities Sector Price to Earnings3Y Average 80.4x202320242025
Current Industry PE
  • Investors are optimistic on the Indonesian Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 135x which is higher than its 3-year average PE of 80.3x.
  • The 3-year average PS ratio of 9.7x is lower than the industry's current PS ratio of 17.5x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 23% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Utilities sector?

ID Market0.044%
Utilities-2.79%
Electric Utilities0%0
Gas Utilities-1.64%
Renewable Energy-2.37%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 142x.
    • Analysts are expecting annual earnings growth of 15.8%, which is higher than its past year's earnings decline of 18.9% per year.
  • Investors are most pessimistic about the Gas Utilities industry, which is trading close to its 3-year average of 7.9x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings decline of 19% per year.
  • In contrast, the Gas Utilities industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ARKO PT. Arkora HydroRp1.80k11.1%
+Rp527.1b
89.5%PE107.7x
LAPD Leyand InternationalRp194.006.6%
+Rp47.6b
n/aPS2.9x
KEEN Kencana Energi LestariRp1.05k1.0%
+Rp36.7b
69.4%PE68.7x
CGAS Citra Nusantara GemilangRp162.001.9%
+Rp5.3b
52.8%PE30.1x

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