Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indonesian (IDX) Utilities Sector Analysis

UpdatedJan 13, 2026
DataAggregated Company Financials
Companies11
  • 7D-6.0%
  • 3M-7.5%
  • 1Y-6.2%
  • YTD-6.1%

Over the last 7 days, the Utilities industry has dropped 1.5%, driven by a pullback from Barito Renewables Energy of 6.7%. In contrast, PT. Arkora Hydro has gained 40%. The industry has fallen 5.4% in the last year. As for the next few years, earnings are expected to grow by 14% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 13 Jan 2026Rp1540.0tRp96.4tRp12.5t45.7x123.2x16x
Thu, 11 Dec 2025Rp1647.6tRp95.5tRp12.4t43.4x133.1x17.3x
Sat, 08 Nov 2025Rp1691.2tRp95.4tRp12.4t45.1x136.7x17.7x
Mon, 06 Oct 2025Rp1590.6tRp94.3tRp12.2t45.7x130.7x16.9x
Wed, 03 Sep 2025Rp1483.9tRp91.6tRp10.9t42.1x136.6x16.2x
Fri, 01 Aug 2025Rp1358.5tRp91.9tRp10.8t31.2x125.6x14.8x
Sun, 29 Jun 2025Rp882.7tRp88.7tRp10.3t24.7x85.5x10x
Tue, 27 May 2025Rp991.9tRp88.8tRp10.3t25.7x95.8x11.2x
Thu, 24 Apr 2025Rp911.2tRp91.8tRp11.9t20.4x76.4x9.9x
Sat, 22 Mar 2025Rp885.9tRp89.5tRp11.7t11.5x75.8x9.9x
Mon, 17 Feb 2025Rp916.7tRp88.2tRp11.5t12.7x79.9x10.4x
Wed, 15 Jan 2025Rp1386.4tRp88.3tRp11.5t13.5x120.8x15.7x
Fri, 13 Dec 2024Rp1236.1tRp86.4tRp11.2t15.3x110.3x14.3x
Sun, 10 Nov 2024Rp1016.7tRp85.0tRp11.0t16.7x92.2x12x
Tue, 08 Oct 2024Rp1003.6tRp83.8tRp10.4t18.1x96.6x12x
Thu, 05 Sep 2024Rp1472.4tRp82.7tRp10.3t18.2x143.5x17.8x
Sat, 03 Aug 2024Rp1268.9tRp86.0tRp10.8t19.2x118x14.8x
Mon, 01 Jul 2024Rp1450.7tRp86.8tRp10.8t18.4x134.7x16.7x
Wed, 29 May 2024Rp1613.6tRp85.4tRp10.6t19.8x152.2x18.9x
Fri, 26 Apr 2024Rp1165.9tRp85.6tRp10.4t19.2x112.4x13.6x
Sun, 24 Mar 2024Rp815.0tRp83.5tRp10.4t19.2x78x9.8x
Tue, 20 Feb 2024Rp832.2tRp73.0tRp7.7t16.7x108.5x11.4x
Thu, 18 Jan 2024Rp786.8tRp73.0tRp7.7t16.2x102.5x10.8x
Sat, 16 Dec 2023Rp1086.1tRp72.2tRp7.6t10.8x142.7x15x
Mon, 13 Nov 2023Rp793.1tRp72.9tRp7.7t11.4x103.4x10.9x
Wed, 11 Oct 2023Rp242.5tRp72.9tRp7.7t19.4x31.5x3.3x
Fri, 08 Sep 2023Rp104.2tRp71.1tRp7.5t17.5x13.9x1.5x
Sun, 06 Aug 2023Rp86.0tRp71.1tRp8.3t13.9x10.3x1.2x
Tue, 04 Jul 2023Rp83.0tRp70.5tRp8.1t14.4x10.3x1.2x
Thu, 01 Jun 2023Rp86.7tRp70.1tRp7.8t15.3x11.1x1.2x
Sat, 29 Apr 2023Rp80.6tRp67.0tRp7.9t13.7x10.1x1.2x
Mon, 27 Mar 2023Rp80.2tRp66.9tRp8.3t13.3x9.7x1.2x
Wed, 22 Feb 2023Rp52.6tRp61.1tRp6.5t10.1x8.1x0.9x
Fri, 20 Jan 2023Rp52.6tRp60.9tRp6.5t10.1x8.1x0.9x
Price to Earnings Ratio

8.1x


Total Market Cap: Rp52.6tTotal Earnings: Rp6.5tTotal Revenue: Rp60.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Utilities Sector Price to Earnings3Y Average 86.8x202420252026
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 130x which is higher than its 3-year average PE of 86.7x.
  • The 3-year average PS ratio of 10.5x is lower than the industry's current PS ratio of 16.8x.
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 Market-0.42%
Utilities-6.03%
Gas Utilities0.36%
Electric Utilities0%0
Renewable Energy-5.64%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 154x.
    • Analysts are expecting annual earnings growth of 15.7%, 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 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 grow by 2.8% 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
ARKO PT. Arkora HydroRp10.75k16.8%
+Rp4.5t		1,025.7%PE643.5x
PGAS Perusahaan Gas NegaraRp1.97k0.5%
+Rp242.4b		14.6%PE9x
PGEO Pertamina Geothermal EnergyRp1.17k0.4%
+Rp209.0b		28.0%PE22.1x
LAPD Leyand InternationalRp173.009.5%
+Rp59.5b		517.9%PS2.6x
HGII Hero Global InvestmentRp162.003.2%
+Rp32.5b		-16.9%PE45.7x

Latest News

CGAS
Rp192.00
Citra Nusantara Gemilang
7D
-17.2%
1Y
93.9%
HGII
Rp162.00
Hero Global Investment
7D
3.2%
1Y
-16.9%
ARKO
Rp10,750.00
PT. Arkora Hydro
7D
16.8%
1Y
1,025.7%
MPOW
Rp123.00
Megapower Makmur
7D
-1.6%
1Y
5.1%
CDIA
Rp1,530.00
Chandra Daya Investasi
7D
-10.0%
1Y
n/a
KEEN
Rp1,010.00
Kencana Energi Lestari
7D
0.5%
1Y
61.6%
PGEO
Rp1,165.00
Pertamina Geothermal Energy
7D
0.4%
1Y
28.0%
BREN
Rp9,000.00
Barito Renewables Energy
7D
-6.7%
1Y
-10.2%
PGAS
Rp1,965.00
Perusahaan Gas Negara
7D
0.5%
1Y
14.6%
LAPD
Rp173.00
Leyand International
7D
9.5%
1Y
517.9%