Indonesian (IDX) Utilities Sector Analysis
UpdatedNov 26, 2022
DataAggregated Company Financials
Companies6
- 7D2.7%
- 3M-1.9%
- 1Y18.4%
- YTD30.8%
Over the last 7 days, the Utilities industry has risen 2.7%, driven by gains from Perusahaan Gas Negara of 3.3%. This means that the industry has gained 18% over the past year. Looking forward, earnings are forecast to grow by 7.8% annually.
Sector Valuation and Performance
Has the Indonesian Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 27 Nov 2022 | Rp60.8t | Rp62.9t | Rp6.7t | 13.9x | 9.1x | 1x |
| Tue, 25 Oct 2022 | Rp60.5t | Rp60.7t | Rp7.0t | 17.8x | 8.6x | 1x |
| Thu, 22 Sep 2022 | Rp60.3t | Rp56.0t | Rp7.0t | 19.9x | 8.6x | 1.1x |
| Sat, 20 Aug 2022 | Rp54.3t | Rp55.2t | Rp6.9t | 17.4x | 7.9x | 1x |
| Mon, 18 Jul 2022 | Rp50.6t | Rp55.7t | Rp7.0t | 14.1x | 7.2x | 0.9x |
| Wed, 15 Jun 2022 | Rp53.0t | Rp54.7t | Rp6.9t | 12.2x | 7.7x | 1x |
| Fri, 13 May 2022 | Rp50.0t | Rp53.6t | Rp6.7t | 17.2x | 7.5x | 0.9x |
| Sun, 10 Apr 2022 | Rp45.9t | Rp51.5t | Rp5.8t | 13.6x | 8x | 0.9x |
| Tue, 08 Mar 2022 | Rp50.4t | Rp50.9t | Rp942.2b | 20.2x | 53.5x | 1x |
| Thu, 03 Feb 2022 | Rp45.0t | Rp50.8t | Rp940.0b | 23.3x | 47.9x | 0.9x |
| Sat, 01 Jan 2022 | Rp45.0t | Rp50.4t | Rp965.9b | 14x | 46.6x | 0.9x |
| Mon, 29 Nov 2021 | Rp49.7t | Rp51.0t | Rp977.4b | 14.4x | 50.8x | 1x |
| Wed, 27 Oct 2021 | Rp48.9t | Rp48.3t | Rp150.0b | 16x | 326x | 1x |
| Fri, 24 Sep 2021 | Rp39.1t | Rp46.6t | -Rp2,351,851,725,990.00 | 15.6x | -16.6x | 0.8x |
| Sun, 22 Aug 2021 | Rp35.8t | Rp47.7t | -Rp2,410,885,981,982.00 | 15.3x | -14.9x | 0.8x |
| Fri, 09 Jul 2021 | Rp36.3t | Rp47.7t | -Rp2,410,885,981,982.00 | 14.2x | -15.1x | 0.8x |
| Thu, 01 Apr 2021 | Rp44.2t | Rp47.2t | -Rp2,294,256,660,845.00 | 8.1x | -19.3x | 0.9x |
| Sun, 03 Jan 2021 | Rp53.2t | Rp47.1t | -Rp2,551,215,460,489.00 | 15.7x | -20.9x | 1.1x |
| Wed, 07 Oct 2020 | Rp32.9t | Rp55.1t | Rp1.2t | 14.8x | 28.5x | 0.6x |
| Tue, 30 Jun 2020 | Rp38.3t | Rp59.0t | Rp1.7t | 26.1x | 22.6x | 0.6x |
| Fri, 03 Apr 2020 | Rp29.8t | Rp72.0t | Rp2.3t | 11.5x | 12.7x | 0.4x |
| Mon, 06 Jan 2020 | Rp70.9t | Rp61.8t | Rp2.5t | 42.7x | 28x | 1.1x |
Price to Earnings Ratio
15.9x
Current Industry PE
- Investors are pessimistic on the Indonesian Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 9.1x which is lower than its 3-year average PE of 20.5x.
- The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have grown 17% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Indonesian Utilities sector?
| ID Market | 0.16% | |
| Utilities | 2.68% | |
| Gas Utilities | 3.34% | |
| Renewable Energy | 0.83% | |
| Electric Utilities | 0% | |
| Other Utilities | 0% | |
| Water Utilities | 0% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry, which is trading close to its 3-year average PE ratio of 9.3x.
- Analysts are expecting annual earnings growth of 23.4%, which is lower than the prior year's growth of 97.0% 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.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 23% over the next 5 years.
- However this is lower than its past earnings growth rate of 97% per year.
- In contrast, the Gas Utilities industry is expected to see its earnings grow by 3.1% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PGAS Perusahaan Gas Negara | Rp1.86k | 3.3% +Rp1.5t | 18.9% | PE8.7x | |
| ARKO PT. Arkora Hydro | Rp670.00 | 8.1% +Rp145.0b | n/a | PE32.8x | |
| POWR Cikarang Listrindo | Rp685.00 | 0.7% +Rp78.8b | 8.7% | PE8.3x |