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Indonesian (IDX) Utilities Sector Analysis

UpdatedApr 01, 2026
DataAggregated Company Financials
Companies11
  • 7D-7.3%
  • 3M-43.5%
  • 1Y-0.1%
  • YTD-43.7%

Over the last 7 days, the Utilities industry has dropped 7.3%, driven by a pullback from Barito Renewables Energy of 9.5%. In contrast, Pertamina Geothermal Energy has gained 7.9%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 8.8% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Apr 2026Rp923.6tRp99.1tRp11.7t48.8x79.1x9.3x
Sat, 28 Feb 2026Rp1376.6tRp96.1tRp12.5t41.4x110.5x14.3x
Mon, 26 Jan 2026Rp1578.4tRp96.3tRp12.5t44.8x126.5x16.4x
Wed, 24 Dec 2025Rp1596.3tRp96.1tRp12.5t43.1x128.2x16.6x
Fri, 21 Nov 2025Rp1654.6tRp95.7tRp12.4t46.5x133.3x17.3x
Sun, 19 Oct 2025Rp1556.9tRp94.1tRp12.1t47.3x128.2x16.5x
Tue, 16 Sep 2025Rp1498.4tRp92.9tRp11.1t41x134.5x16.1x
Thu, 14 Aug 2025Rp1549.7tRp90.1tRp10.7t41.6x145x17.2x
Sat, 12 Jul 2025Rp973.9tRp90.4tRp10.8t26.9x89.9x10.8x
Mon, 09 Jun 2025Rp967.4tRp89.0tRp10.4t25.5x93.3x10.9x
Wed, 07 May 2025Rp926.7tRp89.9tRp10.5t25.6x88.4x10.3x
Fri, 04 Apr 2025Rp823.9tRp90.2tRp11.7t20.2x70.3x9.1x
Sun, 02 Mar 2025Rp908.8tRp90.0tRp11.7t12x77.4x10.1x
Tue, 28 Jan 2025Rp1383.5tRp87.8tRp11.4t14x121.3x15.8x
Thu, 26 Dec 2024Rp1314.1tRp87.8tRp11.4t14.9x115.4x15x
Sat, 23 Nov 2024Rp991.9tRp86.1tRp11.2t16.4x88.8x11.5x
Mon, 21 Oct 2024Rp1062.0tRp82.7tRp10.3t18.4x103.5x12.8x
Wed, 18 Sep 2024Rp1591.3tRp82.0tRp10.2t18.1x156.5x19.4x
Fri, 16 Aug 2024Rp1267.6tRp83.2tRp10.3t19.6x123.1x15.2x
Sun, 14 Jul 2024Rp1372.5tRp85.6tRp10.6t20.1x129.3x16x
Tue, 11 Jun 2024Rp912.3tRp86.4tRp10.7t18.2x85.1x10.6x
Thu, 09 May 2024Rp1399.1tRp85.2tRp10.6t20.7x131.9x16.4x
Sat, 06 Apr 2024Rp1026.2tRp83.9tRp10.2t19x101x12.2x
Mon, 04 Mar 2024Rp924.9tRp73.3tRp7.7t15.8x119.9x12.6x
Wed, 31 Jan 2024Rp770.9tRp73.7tRp7.7t16.1x99.5x10.5x
Fri, 29 Dec 2023Rp1119.4tRp71.6tRp7.6t11x148.2x15.6x
Sun, 26 Nov 2023Rp900.3tRp72.1tRp7.6t11.8x118.5x12.5x
Tue, 24 Oct 2023Rp604.2tRp73.9tRp7.8t17.6x77.5x8.2x
Thu, 21 Sep 2023Rp115.6tRp71.2tRp7.5t20.1x15.4x1.6x
Sat, 19 Aug 2023Rp93.4tRp71.9tRp8.4t14.6x11.1x1.3x
Mon, 17 Jul 2023Rp81.8tRp70.2tRp8.0t14.2x10.2x1.2x
Wed, 14 Jun 2023Rp81.9tRp69.7tRp8.0t14.4x10.3x1.2x
Fri, 12 May 2023Rp82.6tRp68.7tRp7.6t16.1x10.8x1.2x
Sun, 09 Apr 2023Rp74.3tRp66.0tRp8.1t12.2x9.1x1.1x
Price to Earnings Ratio

9.1x


Total Market Cap: Rp74.3tTotal Earnings: Rp8.1tTotal Revenue: Rp66.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Utilities Sector Price to Earnings3Y Average 93.8x202420252026
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 79.1x which is lower than its 3-year average PE of 93.8x.
  • The 3-year average PS ratio of 11.4x is higher than the industry's current PS ratio of 9.3x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 15% 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-1.08%
Utilities-7.27%
Electric Utilities0%0
Gas Utilities-7.44%
Renewable Energy-8.46%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 167x.
    • Analysts are expecting annual earnings growth of 12.3%, which is higher than its past year's earnings decline of 9.3% 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 8.1x.
Forecasted Growth
  • Analysts are most optimistic on the Gas Utilities industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings decline of 33% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 12% 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 EnergyRp1.06k6.0%
+Rp2.5t
31.1%PE18.9x
CDIA Chandra Daya InvestasiRp855.002.4%
+Rp2.5t
n/aPE52x
CGAS Citra Nusantara GemilangRp168.003.7%
+Rp10.6b
100.0%PE31.2x

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