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Indonesian (IDX) Utilities Sector Analysis

UpdatedJan 20, 2026
DataAggregated Company Financials
Companies11
  • 7D5.9%
  • 3M2.6%
  • 1Y3.9%
  • YTD-0.5%

The Utilities industry is up 1.5% in the last week, with Barito Renewables Energy up 2.4%. Meanwhile, Chandra Daya Investasi actually underperformed within the industry, shrinking 6.2% in the last week. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 20 Jan 2026Rp1631.5tRp97.1tRp12.6t47.4x129.6x16.8x
Thu, 18 Dec 2025Rp1655.2tRp95.5tRp12.4t43.7x133.7x17.3x
Sat, 15 Nov 2025Rp1644.0tRp95.7tRp12.4t44.8x132.6x17.2x
Mon, 13 Oct 2025Rp1702.2tRp94.2tRp12.1t48.7x140.1x18.1x
Wed, 10 Sep 2025Rp1397.0tRp92.9tRp11.1t41x125.4x15x
Fri, 08 Aug 2025Rp1291.4tRp90.9tRp10.8t43.3x119.7x14.2x
Sun, 06 Jul 2025Rp877.3tRp88.5tRp10.3t25.5x85.1x9.9x
Tue, 03 Jun 2025Rp956.0tRp89.0tRp10.4t25.1x92.2x10.7x
Thu, 01 May 2025Rp903.3tRp90.4tRp11.5t24x78.7x10x
Sat, 29 Mar 2025Rp823.9tRp89.9tRp11.8t18.6x70x9.2x
Mon, 24 Feb 2025Rp1018.8tRp88.5tRp11.5t13.2x88.6x11.5x
Wed, 22 Jan 2025Rp1412.9tRp88.7tRp11.5t13.4x122.5x15.9x
Fri, 20 Dec 2024Rp1274.1tRp88.3tRp11.5t15x111.2x14.4x
Sun, 17 Nov 2024Rp1018.7tRp86.0tRp11.2t16.5x91.3x11.8x
Tue, 15 Oct 2024Rp973.0tRp83.3tRp10.3t18.5x94.2x11.7x
Thu, 12 Sep 2024Rp1638.7tRp82.4tRp10.2t18.2x160.3x19.9x
Sat, 10 Aug 2024Rp1192.6tRp84.5tRp10.5t19.2x114x14.1x
Mon, 08 Jul 2024Rp1484.4tRp86.3tRp10.7t19.1x138.6x17.2x
Wed, 05 Jun 2024Rp1168.6tRp86.5tRp10.7t18.8x108.8x13.5x
Fri, 03 May 2024Rp1423.3tRp85.6tRp10.9t18.9x130.4x16.6x
Sun, 31 Mar 2024Rp818.2tRp83.8tRp10.4t14.7x78.5x9.8x
Tue, 27 Feb 2024Rp831.7tRp73.0tRp7.7t16.6x108.4x11.4x
Thu, 25 Jan 2024Rp815.2tRp73.3tRp7.7t16.3x105.7x11.1x
Sat, 23 Dec 2023Rp1096.6tRp71.7tRp7.6t10.9x145.1x15.3x
Mon, 20 Nov 2023Rp940.6tRp71.6tRp7.5t12.2x124.8x13.1x
Wed, 18 Oct 2023Rp421.0tRp72.7tRp7.7t17.9x54.8x5.8x
Fri, 15 Sep 2023Rp102.1tRp71.2tRp7.5t17.6x13.6x1.4x
Sun, 13 Aug 2023Rp90.4tRp71.8tRp8.4t14.3x10.7x1.3x
Tue, 11 Jul 2023Rp82.3tRp71.3tRp8.2t14.1x10.1x1.2x
Thu, 08 Jun 2023Rp87.1tRp69.7tRp8.0t15x10.9x1.2x
Sat, 06 May 2023Rp80.9tRp68.5tRp7.6t15.4x10.6x1.2x
Mon, 03 Apr 2023Rp76.6tRp66.1tRp8.2t12.5x9.3x1.2x
Wed, 01 Mar 2023Rp85.5tRp67.1tRp8.5t13.2x10x1.3x
Fri, 27 Jan 2023Rp52.0tRp60.2tRp6.4t10.3x8.1x0.9x
Price to Earnings Ratio

8.1x


Total Market Cap: Rp52.0tTotal Earnings: Rp6.4tTotal Revenue: Rp60.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Utilities Sector Price to Earnings3Y Average 87.6x202420252026
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 131x which is higher than its 3-year average PE of 87.5x.
  • The 3-year average PS ratio of 10.6x is lower than the industry's current PS ratio of 17.0x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Market3.17%
Utilities5.95%
Renewable Energy6.27%
Gas Utilities3.79%
Electric Utilities0%0
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 155x.
    • Analysts are expecting annual earnings growth of 15.5%, which is higher than its past year's earnings decline of 18.9% per year.
  • Investors are most pessimistic about the Gas Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 7.9x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 15% 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 grow by 2.6% 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
BREN Barito Renewables EnergyRp9.50k3.3%
+Rp40.1t		-3.6%PE525.2x
CDIA Chandra Daya InvestasiRp1.56k1.3%
+Rp2.5t		n/aPE131.4x
PGAS Perusahaan Gas NegaraRp2.08k5.1%
+Rp2.4t		29.2%PE9.5x
KEEN Kencana Energi LestariRp1.29k26.6%
+Rp989.9b		110.7%PE82.8x
POWR Cikarang ListrindoRp710.000.7%
+Rp79.1b		6.0%PE11x

Latest News

MPOW
Rp134.00
Megapower Makmur
7D
8.1%
1Y
28.8%
BREN
Rp9,500.00
Barito Renewables Energy
7D
3.3%
1Y
-3.6%
CGAS
Rp191.00
Citra Nusantara Gemilang
7D
-0.5%
1Y
92.9%
HGII
Rp168.00
Hero Global Investment
7D
3.7%
1Y
-13.4%
POWR
Rp710.00
Cikarang Listrindo
7D
0.7%
1Y
6.0%
CDIA
Rp1,555.00
Chandra Daya Investasi
7D
1.3%
1Y
n/a
KEEN
Rp1,285.00
Kencana Energi Lestari
7D
26.6%
1Y
110.7%
PGEO
Rp1,260.00
Pertamina Geothermal Energy
7D
-0.8%
1Y
36.2%
PGAS
Rp2,080.00
Perusahaan Gas Negara
7D
5.1%
1Y
29.2%
LAPD
Rp150.00
Leyand International
7D
-4.5%
1Y
650.0%