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Indonesian (IDX) Utilities Sector Analysis

UpdatedJun 06, 2026
DataAggregated Company Financials
Companies11
  • 7D-0.6%
  • 3M-48.4%
  • 1Y-40.1%
  • YTD-59.8%

The Utilities is pretty flat in the last 7 days, but Barito Renewables Energy has stood out, gaining 8.8%. Unfortunately though, the industry is down 40% over the past 12 months. Earnings are forecast to grow by 32% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 06 Jun 2026Rp659.4tRp104.9tRp13.0t21.8x50.7x6.3x
Mon, 04 May 2026Rp859.4tRp101.0tRp12.5t24.5x68.8x8.5x
Wed, 01 Apr 2026Rp923.6tRp99.1tRp11.7t48.8x79.1x9.3x
Fri, 27 Feb 2026Rp1324.0tRp95.9tRp12.4t42.3x106.5x13.8x
Sun, 25 Jan 2026Rp1578.4tRp96.3tRp12.5t44.8x126.5x16.4x
Tue, 23 Dec 2025Rp1613.1tRp96.0tRp12.4t42.6x129.6x16.8x
Thu, 20 Nov 2025Rp1634.1tRp95.7tRp12.4t45.4x131.8x17.1x
Sat, 18 Oct 2025Rp1557.3tRp94.2tRp12.2t47.2x128.1x16.5x
Mon, 15 Sep 2025Rp1452.1tRp92.8tRp11.1t41.3x130.5x15.7x
Wed, 13 Aug 2025Rp1536.3tRp91.0tRp10.8t41.3x142.3x16.9x
Fri, 11 Jul 2025Rp973.9tRp90.4tRp10.8t26.9x89.9x10.8x
Sun, 08 Jun 2025Rp967.4tRp89.0tRp10.4t25.5x93.3x10.9x
Tue, 06 May 2025Rp918.9tRp89.9tRp10.5t26.2x87.6x10.2x
Thu, 03 Apr 2025Rp823.9tRp90.2tRp11.7t18.6x70.3x9.1x
Sat, 01 Mar 2025Rp908.9tRp90.0tRp11.7t12x77.4x10.1x
Mon, 27 Jan 2025Rp1383.5tRp87.8tRp11.4t14x121.3x15.8x
Wed, 25 Dec 2024Rp1314.1tRp87.8tRp11.4t14.9x115.3x15x
Fri, 22 Nov 2024Rp971.4tRp86.4tRp11.2t16.2x86.7x11.2x
Sun, 20 Oct 2024Rp1062.0tRp82.7tRp10.3t18.4x103.5x12.8x
Tue, 17 Sep 2024Rp1674.7tRp82.3tRp10.2t18.1x164x20.3x
Thu, 15 Aug 2024Rp1285.0tRp83.2tRp10.3t19.7x124.8x15.5x
Sat, 13 Jul 2024Rp1368.7tRp85.5tRp10.6t20.1x129x16x
Mon, 10 Jun 2024Rp912.3tRp85.9tRp10.7t18.4x85.6x10.6x
Wed, 08 May 2024Rp1352.8tRp85.2tRp10.6t20.5x127.5x15.9x
Fri, 05 Apr 2024Rp885.6tRp83.9tRp10.2t19x87.1x10.6x
Sun, 03 Mar 2024Rp924.9tRp73.3tRp7.7t15.8x119.9x12.6x
Tue, 30 Jan 2024Rp771.3tRp73.8tRp7.8t16x99.4x10.4x
Thu, 28 Dec 2023Rp1115.8tRp71.6tRp7.6t11.2x147.7x15.6x
Sat, 25 Nov 2023Rp949.2tRp72.3tRp7.6t11.8x124.7x13.1x
Mon, 23 Oct 2023Rp644.8tRp73.6tRp7.8t18.1x83x8.8x
Wed, 20 Sep 2023Rp115.6tRp71.3tRp7.5t20.2x15.4x1.6x
Fri, 18 Aug 2023Rp93.4tRp71.8tRp8.4t14.8x11.1x1.3x
Sun, 16 Jul 2023Rp81.8tRp70.2tRp8.0t14.2x10.2x1.2x
Tue, 13 Jun 2023Rp82.1tRp69.7tRp8.0t14.4x10.3x1.2x
Price to Earnings Ratio

10.3x


Total Market Cap: Rp82.1tTotal Earnings: Rp8.0tTotal Revenue: Rp69.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Utilities Sector Price to Earnings3Y Average 97.3x202420252026
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 50.7x which is lower than its 3-year average PE of 97.3x.
  • The 3-year average PS ratio of 11.8x is higher than the industry's current PS ratio of 6.3x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 18% 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-8.61%
Utilities-0.56%
Renewable Energy5.84%
Electric Utilities0%0
Gas Utilities-16.69%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 173x.
    • Analysts are expecting annual earnings growth of 35.3%, which is higher than its past year's earnings growth of 5.5% per year.
  • Investors are most pessimistic about the Gas Utilities industry, which is trading close to its 3-year average of 8.3x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings growth rate of 5.5% per year.
  • In contrast, the Gas Utilities industry is expected to see its earnings grow by 14% 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 EnergyRp3.59k8.8%
+Rp38.8t		-43.5%PE188.7x

Latest News

PGAS
Rp1,520.00
Perusahaan Gas Negara (Persero)
7D
-16.7%
1Y
-17.2%
CDIA
Rp640.00
Chandra Daya Investasi
7D
-24.7%
1Y
n/a
PGEO
Rp825.00
Pertamina Geothermal Energy
7D
-7.8%
1Y
-38.2%
New Narrative • May 23

Pertamina Geothermal Energy will transform with a 17.98% jump in revenue

Regional & Macro: Push for Renewable Energy Transition At the regional level (Southeast Asia), the green energy sector (renewable energy) is currently receiving a massive wave of positive sentiment. Regional Net Zero Emission (NZE) Target: The governments of Indonesia and ASEAN countries are accelerating decarbonization projects.
BREN
Rp3,590.00
Barito Renewables Energy
7D
8.8%
1Y
-43.5%
POWR
Rp690.00
Cikarang Listrindo
7D
-2.8%
1Y
0.7%
LAPD
Rp57.00
Leyand International
7D
-16.2%
1Y
58.3%
HGII
Rp117.00
Hero Global Investment
7D
-11.4%
1Y
-32.8%
KEEN
Rp790.00
Kencana Energi Lestari
7D
-7.6%
1Y
-5.4%
ARKO
Rp4,340.00
Arkora Hydro
7D
-29.1%
1Y
429.3%