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Indonesian (IDX) Utilities Sector Analysis

UpdatedJan 18, 2026
DataAggregated Company Financials
Companies11
  • 7D1.4%
  • 3M3.8%
  • 1Y2.8%
  • YTD-0.02%

The Utilities industry is up 1.4% in the last week, with Barito Renewables Energy up 2.4%. In the same time, Chandra Daya Investasi was down 6.2%. Despite this gain, the industry's performance has been flat over the past 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
Sun, 18 Jan 2026Rp1639.9tRp96.6tRp12.5t46.5x131x17x
Tue, 16 Dec 2025Rp1623.9tRp95.4tRp12.4t42.8x131.3x17x
Thu, 13 Nov 2025Rp1681.2tRp95.8tRp12.4t45.1x135.3x17.5x
Sat, 11 Oct 2025Rp1682.3tRp94.1tRp12.1t48.7x138.6x17.9x
Mon, 08 Sep 2025Rp1455.3tRp92.9tRp11.1t41.8x130.7x15.7x
Wed, 06 Aug 2025Rp1292.4tRp91.3tRp10.8t40.4x119.2x14.2x
Fri, 04 Jul 2025Rp885.1tRp88.6tRp10.3t25.6x85.7x10x
Sun, 01 Jun 2025Rp988.0tRp89.1tRp10.4t25.5x95.1x11.1x
Tue, 29 Apr 2025Rp902.7tRp91.7tRp11.6t23.5x77.5x9.8x
Thu, 27 Mar 2025Rp771.0tRp90.1tRp11.9t16.8x65x8.6x
Sat, 22 Feb 2025Rp1018.8tRp88.5tRp11.5t13.2x88.6x11.5x
Mon, 20 Jan 2025Rp1409.7tRp88.8tRp11.5t13.5x122.1x15.9x
Wed, 18 Dec 2024Rp1268.2tRp87.1tRp11.3t14.2x112.2x14.6x
Fri, 15 Nov 2024Rp1036.0tRp86.1tRp11.2t16.7x92.8x12x
Sun, 13 Oct 2024Rp973.0tRp83.3tRp10.3t18.5x94.2x11.7x
Tue, 10 Sep 2024Rp1538.4tRp82.6tRp10.2t18.2x150.1x18.6x
Thu, 08 Aug 2024Rp1206.1tRp85.1tRp10.5t19.3x114.5x14.2x
Sat, 06 Jul 2024Rp1496.2tRp86.4tRp10.7t19.1x139.6x17.3x
Mon, 03 Jun 2024Rp1204.0tRp86.2tRp10.7t18.4x112.5x14x
Wed, 01 May 2024Rp1306.3tRp85.9tRp10.4t19x125.3x15.2x
Fri, 29 Mar 2024Rp818.2tRp83.9tRp10.4t14.7x78.4x9.8x
Sun, 25 Feb 2024Rp832.1tRp72.8tRp7.7t16.7x108.7x11.4x
Tue, 23 Jan 2024Rp812.8tRp73.0tRp7.7t16.3x105.9x11.1x
Thu, 21 Dec 2023Rp1090.2tRp72.1tRp7.6t11.2x143.4x15.1x
Sat, 18 Nov 2023Rp940.7tRp71.4tRp7.5t12.2x125.1x13.2x
Mon, 16 Oct 2023Rp421.0tRp72.7tRp7.7t18.1x54.8x5.8x
Wed, 13 Sep 2023Rp98.6tRp71.2tRp7.5t17.3x13.1x1.4x
Fri, 11 Aug 2023Rp88.1tRp71.2tRp8.4t13.9x10.5x1.2x
Sun, 09 Jul 2023Rp82.8tRp71.0tRp8.1t14.5x10.2x1.2x
Tue, 06 Jun 2023Rp86.7tRp69.5tRp7.8t15.8x11.2x1.2x
Thu, 04 May 2023Rp80.1tRp68.5tRp7.5t13.9x10.7x1.2x
Sat, 01 Apr 2023Rp76.6tRp66.1tRp8.2t12.5x9.3x1.2x
Mon, 27 Feb 2023Rp87.5tRp67.2tRp8.5t14x10.3x1.3x
Wed, 25 Jan 2023Rp52.7tRp60.2tRp6.4t10x8.2x0.9x
Price to Earnings Ratio

8.2x


Total Market Cap: Rp52.7tTotal Earnings: Rp6.4tTotal Revenue: Rp60.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Utilities Sector Price to Earnings3Y Average 87.4x202420252026
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 131x which is higher than its 3-year average PE of 87.2x.
  • The 3-year average PS ratio of 10.6x is lower than the industry's current PS ratio of 17.0x.
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 Market1.20%
Utilities1.41%
Renewable Energy2.51%
Gas Utilities2.21%
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 155x.
    • Analysts are expecting annual earnings growth of 15.5%, 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 15% 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 2.6% 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 EnergyRp9.70k2.4%
+Rp30.1t
-1.3%PE538.8x
PGEO Pertamina Geothermal EnergyRp1.30k8.8%
+Rp4.4t
41.3%PE24.6x
PGAS Perusahaan Gas NegaraRp2.02k2.3%
+Rp1.1t
23.9%PE9.2x

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