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

Indonesian (IDX) Utilities Sector Analysis

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies11
  • 7D-0.6%
  • 3Mn/a
  • 1Y-41.0%
  • YTD-35.7%

The Utilities is pretty flat in the last 7 days, but Pertamina Geothermal Energy has stood out, gaining 6.0%. As for the longer term, the industry has declined 41% in the last year. Looking forward, earnings are forecast to grow by 8.6% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 06 Jul 2025Rp891.5tRp88.7tRp10.3t24.8x86.3x10.1x
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
Sun, 25 Dec 2022Rp58.3tRp62.7tRp6.7t11.5x8.7x0.9x
Tue, 22 Nov 2022Rp59.4tRp62.9tRp6.6t18.8x8.9x0.9x
Thu, 20 Oct 2022Rp59.0tRp60.2tRp7.0t18x8.5x1x
Sat, 17 Sep 2022Rp60.8tRp55.6tRp6.9t20.4x8.8x1.1x
Mon, 15 Aug 2022Rp53.8tRp54.6tRp6.8t16.9x7.9x1x
Wed, 13 Jul 2022Rp52.2tRp55.7tRp7.0t15.2x7.4x0.9x
Price to Earnings Ratio

7.4x


Total Market Cap: Rp52.2tTotal Earnings: Rp7.0tTotal Revenue: Rp55.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Utilities Sector Price to Earnings3Y Average 65.9x202320242025
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 86.3x which is higher than its 3-year average PE of 65.9x.
  • The 3-year average PS ratio of 7.9x is lower than the industry's current PS ratio of 10.1x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 14% 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-0.34%
Utilities-0.62%
Gas Utilities3.52%
Renewable Energy-0.80%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 117x.
    • Analysts are expecting annual earnings growth of 10.9%, which is lower than the prior year's growth of 14.6% 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 7.8x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 11% over the next 5 years.
  • However this is lower than its past earnings growth rate of 15% per year.
  • In contrast, the Gas Utilities industry is expected to see its earnings grow by 4.4% 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
PGEO Pertamina Geothermal EnergyRp1.41k6.0%
+Rp3.3t		14.2%PE24.9x
PGAS Perusahaan Gas NegaraRp1.61k3.5%
+Rp1.3t		-0.3%PE8.6x
HGII Hero Global InvestmentRp160.001.9%
+Rp19.5b		n/aPE27.4x
LAPD Leyand InternationalRp28.007.7%
+Rp7.9b		300.0%PS0.5x

Latest News

HGII
Rp160.00
Hero Global Investment
7D
1.9%
1Y
n/a
PGEO
Rp1,405.00
Pertamina Geothermal Energy
7D
6.0%
1Y
14.2%
PGAS
Rp1,605.00
Perusahaan Gas Negara
7D
3.5%
1Y
-0.3%
LAPD
Rp28.00
Leyand International
7D
7.7%
1Y
300.0%
BREN
Rp5,700.00
Barito Renewables Energy
7D
-1.3%
1Y
-44.7%
CGAS
Rp88.00
Citra Nusantara Gemilang
7D
-3.3%
1Y
-32.8%
POWR
Rp680.00
Cikarang Listrindo
7D
-0.7%
1Y
2.3%