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Indonesian (IDX) Utilities Sector Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies11
  • 7D19.3%
  • 3M-36.2%
  • 1Y16.3%
  • YTD-37.1%

The Utilities industry is up 19% in the last week, with Barito Renewables Energy up 21%. This means that the industry has gained 16% over the past year. Earnings are forecast to grow by 8.0% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 13 Apr 2026Rp1031.0tRp99.5tRp11.8t30.6x87.3x10.4x
Wed, 11 Mar 2026Rp1185.5tRp96.7tRp12.8t40.3x92.4x12.3x
Fri, 06 Feb 2026Rp1381.4tRp96.5tRp12.5t41.4x110.4x14.3x
Sun, 04 Jan 2026Rp1640.3tRp95.7tRp12.4t43.4x132.3x17.1x
Tue, 02 Dec 2025Rp1642.2tRp95.1tRp12.3t43.1x133.2x17.3x
Thu, 30 Oct 2025Rp1486.1tRp94.3tRp12.1t48x122.8x15.8x
Sat, 27 Sep 2025Rp1485.9tRp94.9tRp12.2t46.6x121.3x15.7x
Mon, 25 Aug 2025Rp1446.5tRp91.1tRp10.8t42.7x133.8x15.9x
Wed, 23 Jul 2025Rp1335.4tRp90.8tRp10.9t27.4x122.7x14.7x
Fri, 20 Jun 2025Rp937.9tRp89.6tRp10.4t25.9x89.8x10.5x
Sun, 18 May 2025Rp1005.4tRp89.9tRp10.5t23.3x95.9x11.2x
Tue, 15 Apr 2025Rp847.4tRp91.3tRp11.9t19x71.5x9.3x
Thu, 13 Mar 2025Rp910.1tRp89.2tRp11.6t12.1x78.2x10.2x
Sat, 08 Feb 2025Rp1032.2tRp88.3tRp11.5t12.9x89.9x11.7x
Mon, 06 Jan 2025Rp1387.9tRp87.8tRp11.4t14.6x121.8x15.8x
Wed, 04 Dec 2024Rp1004.6tRp86.3tRp11.2t15.3x89.8x11.6x
Fri, 01 Nov 2024Rp991.7tRp83.9tRp10.4t17.6x95.7x11.8x
Sun, 29 Sep 2024Rp1059.4tRp80.9tRp10.0t18.6x105.7x13.1x
Tue, 27 Aug 2024Rp1370.6tRp81.9tRp10.1t19.1x135.2x16.7x
Thu, 25 Jul 2024Rp1279.4tRp86.0tRp10.7t19.9x119.9x14.9x
Sat, 22 Jun 2024Rp1224.0tRp87.3tRp10.8t17.7x113x14x
Mon, 20 May 2024Rp1545.1tRp84.6tRp10.5t20.4x147x18.3x
Wed, 17 Apr 2024Rp1026.4tRp85.7tRp10.4t18.7x98.9x12x
Fri, 15 Mar 2024Rp885.5tRp73.1tRp8.6t15.7x102.5x12.1x
Sun, 11 Feb 2024Rp816.7tRp73.0tRp7.7t16.4x106.4x11.2x
Tue, 09 Jan 2024Rp998.9tRp72.5tRp7.6t16.3x131x13.8x
Thu, 07 Dec 2023Rp1052.6tRp72.0tRp7.6t11.7x138.8x14.6x
Sat, 04 Nov 2023Rp646.1tRp73.0tRp7.7t12.9x84.1x8.9x
Mon, 02 Oct 2023Rp110.4tRp71.8tRp7.6t19.4x14.6x1.5x
Wed, 30 Aug 2023Rp100.9tRp71.5tRp8.4t18.5x12x1.4x
Fri, 28 Jul 2023Rp82.3tRp70.4tRp8.1t14.7x10.2x1.2x
Sun, 25 Jun 2023Rp83.7tRp70.5tRp8.1t14.6x10.4x1.2x
Tue, 23 May 2023Rp82.8tRp69.5tRp7.8t14.8x10.7x1.2x
Thu, 20 Apr 2023Rp79.7tRp68.0tRp8.1t13.2x9.9x1.2x
Price to Earnings Ratio

9.9x


Total Market Cap: Rp79.7tTotal Earnings: Rp8.1tTotal Revenue: Rp68.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Utilities Sector Price to Earnings3Y Average 94.5x202420252026
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 87.3x which is lower than its 3-year average PE of 94.5x.
  • The industry is trading close to its 3-year average PS ratio of 11.5x.
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 14% 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 Market7.52%
Utilities19.31%
Renewable Energy19.56%
Gas Utilities1.37%
Electric Utilities0%0
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 168x.
    • Analysts are expecting annual earnings growth of 11.0%, which is higher than its past year's earnings growth of 1.9% 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 8.2x.
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 11% 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 EnergyRp5.80k20.8%
+Rp133.8t
12.6%PE343.3x
CDIA Chandra Daya InvestasiRp1.02k25.3%
+Rp25.6t
n/aPE61.2x
ARKO Arkora HydroRp8.20k30.2%
+Rp5.6t
893.9%PE375.8x
PGEO Pertamina Geothermal EnergyRp1.05k2.9%
+Rp1.3t
30.4%PE18.6x
PGAS Perusahaan Gas NegaraRp1.82k1.4%
+Rp606.0b
15.2%PE12x

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