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Indonesian (IDX) Utilities Sector Analysis

UpdatedSep 17, 2025
DataAggregated Company Financials
Companies12
  • 7D6.8%
  • 3M35.3%
  • 1Y-17.9%
  • YTD7.0%

Over the last 7 days, the Utilities industry has risen 6.8%, driven by gains from Barito Renewables Energy of 6.6%. In the past year, the industry is down 18%. As for the next few years, earnings are expected to grow by 29% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Sep 2025Rp1492.3tRp92.9tRp11.1t41x133.9x16.1x
Sat, 16 Aug 2025Rp1561.2tRp90.3tRp10.7t41.6x145.8x17.3x
Mon, 14 Jul 2025Rp984.3tRp90.3tRp10.8t27.3x91x10.9x
Wed, 11 Jun 2025Rp1019.6tRp89.0tRp10.4t25.3x98.3x11.5x
Fri, 09 May 2025Rp892.9tRp90.2tRp10.5t22.8x85x9.9x
Sun, 06 Apr 2025Rp823.9tRp90.1tRp11.7t20.2x70.4x9.1x
Tue, 04 Mar 2025Rp947.1tRp89.5tRp11.7t12.4x81.1x10.6x
Thu, 30 Jan 2025Rp1383.5tRp87.8tRp11.4t14x121.3x15.8x
Sat, 28 Dec 2024Rp1325.1tRp88.0tRp11.4t14.8x116x15.1x
Mon, 25 Nov 2024Rp991.9tRp86.1tRp11.2t16.4x88.8x11.5x
Wed, 23 Oct 2024Rp1122.6tRp83.2tRp10.3t18.2x108.8x13.5x
Fri, 20 Sep 2024Rp1574.5tRp81.5tRp10.1t18.3x155.8x19.3x
Sun, 18 Aug 2024Rp1277.4tRp83.2tRp10.3t19.5x124x15.3x
Tue, 16 Jul 2024Rp1372.5tRp85.9tRp10.7t19.9x128.8x16x
Thu, 13 Jun 2024Rp1075.3tRp86.4tRp10.7t17.3x100.3x12.4x
Sat, 11 May 2024Rp1399.1tRp85.1tRp10.6t20.7x132.4x16.4x
Mon, 08 Apr 2024Rp1026.4tRp83.9tRp10.2t19x101x12.2x
Wed, 06 Mar 2024Rp884.1tRp73.5tRp7.7t15.5x114.2x12x
Fri, 02 Feb 2024Rp748.7tRp73.6tRp7.7t16.3x96.8x10.2x
Sun, 31 Dec 2023Rp1092.2tRp71.5tRp7.5t11.3x144.8x15.3x
Tue, 28 Nov 2023Rp882.0tRp71.9tRp7.6t12.1x116.4x12.3x
Thu, 26 Oct 2023Rp613.4tRp73.7tRp7.8t17.9x78.9x8.3x
Sat, 23 Sep 2023Rp116.6tRp71.3tRp7.5t20.9x15.5x1.6x
Mon, 21 Aug 2023Rp93.4tRp71.8tRp8.4t14.6x11.1x1.3x
Wed, 19 Jul 2023Rp81.0tRp70.3tRp8.0t14.1x10.1x1.2x
Fri, 16 Jun 2023Rp81.5tRp70.2tRp8.0t14.1x10.1x1.2x
Sun, 14 May 2023Rp82.9tRp69.3tRp7.7t16x10.8x1.2x
Tue, 11 Apr 2023Rp74.3tRp66.0tRp8.1t12.2x9.1x1.1x
Thu, 09 Mar 2023Rp87.2tRp68.1tRp8.5t13.6x10.3x1.3x
Sat, 04 Feb 2023Rp52.3tRp60.0tRp6.4t10x8.2x0.9x
Mon, 02 Jan 2023Rp57.5tRp62.4tRp6.6t11.7x8.7x0.9x
Wed, 30 Nov 2022Rp60.8tRp63.2tRp6.7t13.6x9x1x
Fri, 28 Oct 2022Rp62.0tRp60.4tRp7.0t18.7x8.9x1x
Sun, 25 Sep 2022Rp60.0tRp56.2tRp7.0t20.2x8.5x1.1x
Price to Earnings Ratio

8.5x


Total Market Cap: Rp60.0tTotal Earnings: Rp7.0tTotal Revenue: Rp56.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Utilities Sector Price to Earnings3Y Average 73.8x202320242025
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 134x which is higher than its 3-year average PE of 73.7x.
  • The 3-year average PS ratio of 8.8x is lower than the industry's current PS ratio of 16.1x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 17% 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 Utilities sector?

ID Market4.63%
Utilities6.82%
Renewable Energy6.23%
Gas Utilities1.17%
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 130x.
    • Analysts are expecting annual earnings growth of 12.8%, which is higher than its past year's earnings decline of 14.8% 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 13% over the next 5 years.
  • This is better than its past earnings decline of 15% per year.
  • In contrast, the Gas Utilities industry is expected to see its earnings grow by 3.4% 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 EnergyRp8.93k4.4%
+Rp50.2t		-16.8%PE560x
CDIA Chandra Daya InvestasiRp1.48k6.5%
+Rp11.2t		n/aPE365.4x
PGAS Perusahaan Gas NegaraRp1.76k2.9%
+Rp1.2t		17.3%PE8.7x
ARKO PT. Arkora HydroRp1.57k20.4%
+Rp776.1b		63.9%PE95.6x
LAPD Leyand InternationalRp204.0058.1%
+Rp297.5b		628.6%PS3x

Latest News

CDIA
Rp1,475.00
Chandra Daya Investasi
7D
6.5%
1Y
n/a
HGII
Rp143.00
Hero Global Investment
7D
-1.4%
1Y
n/a
KEEN
Rp830.00
Kencana Energi Lestari
7D
1.2%
1Y
20.3%
PGEO
Rp1,340.00
Pertamina Geothermal Energy
7D
-3.9%
1Y
19.6%
PGAS
Rp1,760.00
Perusahaan Gas Negara
7D
2.9%
1Y
17.3%
MPOW
Rp118.00
Megapower Makmur
7D
5.4%
1Y
49.4%
LAPD
Rp204.00
Leyand International
7D
58.1%
1Y
628.6%
BREN
Rp8,925.00
Barito Renewables Energy
7D
4.4%
1Y
-16.8%
POWR
Rp715.00
Cikarang Listrindo
7D
1.4%
1Y
2.1%
ARKO
Rp1,565.00
PT. Arkora Hydro
7D
20.4%
1Y
63.9%