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Indonesian (IDX) Utilities Sector Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies11
  • 7D-10.2%
  • 3M-47.3%
  • 1Y-7.4%
  • YTD-47.3%

Over the last 7 days, the Utilities industry has dropped 10%, driven by Barito Renewables Energy declining 13%. However, the industry is down 7.4% over the past year. Looking forward, earnings are forecast to grow by 8.4% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026Rp864.2tRp98.9tRp11.7t23.7x73.6x8.7x
Tue, 03 Mar 2026Rp1376.6tRp96.0tRp12.4t41.4x110.7x14.3x
Thu, 29 Jan 2026Rp1405.4tRp95.6tRp12.4t42.6x113.4x14.7x
Sat, 27 Dec 2025Rp1574.7tRp95.8tRp12.4t42.3x126.7x16.4x
Mon, 24 Nov 2025Rp1661.1tRp95.6tRp12.4t45.9x134x17.4x
Wed, 22 Oct 2025Rp1566.8tRp94.2tRp12.2t51.3x128.9x16.6x
Fri, 19 Sep 2025Rp1502.4tRp93.7tRp11.3t46.1x133.3x16x
Sun, 17 Aug 2025Rp1487.3tRp90.2tRp10.7t41.6x139.1x16.5x
Tue, 15 Jul 2025Rp1144.1tRp90.6tRp10.9t27.2x105.4x12.6x
Thu, 12 Jun 2025Rp999.4tRp88.9tRp10.4t25.1x96.4x11.2x
Sat, 10 May 2025Rp892.9tRp90.3tRp10.5t22.9x84.8x9.9x
Mon, 07 Apr 2025Rp823.9tRp90.1tRp11.7t20.2x70.4x9.1x
Wed, 05 Mar 2025Rp901.9tRp89.2tRp11.6t12x77.5x10.1x
Fri, 31 Jan 2025Rp1318.3tRp88.2tRp11.5t13.9x115x14.9x
Sun, 29 Dec 2024Rp1325.1tRp88.0tRp11.4t14.8x116x15.1x
Tue, 26 Nov 2024Rp1020.2tRp86.1tRp11.2t16.3x91.4x11.9x
Thu, 24 Oct 2024Rp1115.7tRp83.5tRp10.4t18x107.7x13.4x
Sat, 21 Sep 2024Rp1574.5tRp80.9tRp10.0t18.3x157x19.5x
Mon, 19 Aug 2024Rp1277.4tRp83.2tRp10.3t19.5x124x15.3x
Wed, 17 Jul 2024Rp1318.4tRp85.8tRp10.6t20.1x123.9x15.4x
Fri, 14 Jun 2024Rp1169.0tRp86.2tRp10.7t17.4x109.3x13.6x
Sun, 12 May 2024Rp1399.1tRp85.1tRp10.6t20.7x132.3x16.4x
Tue, 09 Apr 2024Rp1026.4tRp83.8tRp10.2t19x101.1x12.2x
Thu, 07 Mar 2024Rp897.2tRp73.2tRp7.7t15.6x116.4x12.3x
Sat, 03 Feb 2024Rp748.8tRp73.1tRp7.7t16.4x97.4x10.2x
Mon, 01 Jan 2024Rp1092.2tRp71.5tRp7.5t11.3x144.8x15.3x
Wed, 29 Nov 2023Rp922.0tRp71.9tRp7.6t12x121.8x12.8x
Fri, 27 Oct 2023Rp615.7tRp73.7tRp7.8t17.5x79.1x8.3x
Sun, 24 Sep 2023Rp117.0tRp71.3tRp7.5t20.9x15.5x1.6x
Tue, 22 Aug 2023Rp93.4tRp71.8tRp8.4t14.6x11.1x1.3x
Thu, 20 Jul 2023Rp81.0tRp70.3tRp8.0t14.1x10.1x1.2x
Sat, 17 Jun 2023Rp81.7tRp70.1tRp8.0t14.1x10.2x1.2x
Mon, 15 May 2023Rp82.9tRp69.4tRp7.7t15.1x10.7x1.2x
Wed, 12 Apr 2023Rp76.3tRp65.8tRp8.1t12.7x9.4x1.2x
Price to Earnings Ratio

9.4x


Total Market Cap: Rp76.3tTotal Earnings: Rp8.1tTotal Revenue: Rp65.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Utilities Sector Price to Earnings3Y Average 94x202420252026
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 73.6x which is lower than its 3-year average PE of 94.0x.
  • The 3-year average PS ratio of 11.4x is higher than the industry's current PS ratio of 8.7x.
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-1.79%
Utilities-10.20%
Electric Utilities0%0
Gas Utilities-2.13%
Renewable Energy-11.77%
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 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 8.1x.
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 growth rate of 6.3% 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
PGEO Pertamina Geothermal EnergyRp1.02k1.5%
+Rp627.2b
26.7%PE18.2x
ARKO Arkora HydroRp6.30k2.0%
+Rp366.1b
624.1%PE288.7x
POWR Cikarang ListrindoRp730.001.4%
+Rp158.5b
10.6%PE9.4x
CGAS Citra Nusantara GemilangRp168.005.7%
+Rp15.9b
100.0%PE21.2x
HGII Hero Global InvestmentRp140.000.7%
+Rp6.5b
-15.2%PE53.3x

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