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Indonesian (IDX) Utilities Sector Analysis

UpdatedFeb 19, 2026
DataAggregated Company Financials
Companies11
  • 7D-1.3%
  • 3M-16.2%
  • 1Y24.5%
  • YTD-15.4%

Over the last 7 days, the Utilities industry has dropped 1.3%, driven by Barito Renewables Energy declining 1.2%. On the other hand PT. Arkora Hydro is actually up 20%. In the past year, the industry has gained 25%. As for the next few years, earnings are expected to grow by 13% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 20 Feb 2026Rp1387.0tRp96.5tRp12.5t42.6x110.8x14.4x
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
Price to Earnings Ratio

10.3x


Total Market Cap: Rp87.5tTotal Earnings: Rp8.5tTotal Revenue: Rp67.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Utilities Sector Price to Earnings3Y Average 90.6x202420252026
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 111x which is higher than its 3-year average PE of 90.5x.
  • The 3-year average PS ratio of 11.0x is lower than the industry's current PS ratio of 14.4x.
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 13% 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-0.078%
Utilities-1.26%
Electric Utilities0%0
Renewable Energy-1.02%
Gas Utilities-3.11%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 161x.
    • Analysts are expecting annual earnings growth of 12.8%, 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 13% 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 2.1% 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
ARKO PT. Arkora HydroRp9.00k20.4%
+Rp4.5t		862.6%PE538.7x
CDIA Chandra Daya InvestasiRp1.18k0.9%
+Rp1.2t		n/aPE100x
POWR Cikarang ListrindoRp705.000.7%
+Rp79.1b		5.2%PE11x
KEEN Kencana Energi LestariRp1.08k1.4%
+Rp55.0b		66.2%PE69.8x

Latest News

HGII
Rp150.00
Hero Global Investment
7D
-2.0%
1Y
-25.7%
CDIA
Rp1,180.00
Chandra Daya Investasi
7D
0.9%
1Y
n/a
BREN
Rp8,100.00
Barito Renewables Energy
7D
-1.2%
1Y
20.9%
CGAS
Rp173.00
Citra Nusantara Gemilang
7D
-1.1%
1Y
82.1%
PGEO
Rp1,155.00
Pertamina Geothermal Energy
7D
-4.1%
1Y
23.5%
ARKO
Rp9,000.00
PT. Arkora Hydro
7D
20.4%
1Y
862.6%
KEEN
Rp1,080.00
Kencana Energi Lestari
7D
1.4%
1Y
66.2%
POWR
Rp705.00
Cikarang Listrindo
7D
0.7%
1Y
5.2%
PGAS
Rp2,180.00
Perusahaan Gas Negara
7D
-1.8%
1Y
29.4%
LAPD
Rp123.00
Leyand International
7D
-16.9%
1Y
373.1%