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Indonesian (IDX) Utilities Sector Analysis

UpdatedJan 19, 2026
DataAggregated Company Financials
Companies11
  • 7D1.5%
  • 3M3.4%
  • 1Y2.9%
  • YTD-0.02%

In the last week, the Utilities industry is up 1.4%, with Barito Renewables Energy up 2.4%. During this same period, the Chandra Daya Investasi underperformed, falling 6.2%. Overall in the last year, the industry is flat. Earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 19 Jan 2026Rp1639.9tRp96.6tRp12.5t46.5x131x17x
Wed, 17 Dec 2025Rp1665.8tRp95.3tRp12.4t43.7x134.8x17.5x
Fri, 14 Nov 2025Rp1672.1tRp95.6tRp12.4t44.8x135x17.5x
Sun, 12 Oct 2025Rp1702.2tRp94.2tRp12.1t48.7x140.1x18.1x
Tue, 09 Sep 2025Rp1438.4tRp92.8tRp11.1t41.8x129.2x15.5x
Thu, 07 Aug 2025Rp1305.3tRp91.2tRp10.8t40.7x120.5x14.3x
Sat, 05 Jul 2025Rp885.1tRp88.5tRp10.3t25.5x85.8x10x
Mon, 02 Jun 2025Rp988.0tRp89.1tRp10.4t25.5x95.1x11.1x
Wed, 30 Apr 2025Rp907.7tRp91.2tRp11.6t24.2x78.4x10x
Fri, 28 Mar 2025Rp771.0tRp90.1tRp11.9t16.8x65x8.6x
Sun, 23 Feb 2025Rp1018.8tRp88.5tRp11.5t13.2x88.6x11.5x
Tue, 21 Jan 2025Rp1378.7tRp88.8tRp11.5t13.5x119.4x15.5x
Thu, 19 Dec 2024Rp1292.1tRp87.2tRp11.3t14.2x114.1x14.8x
Sat, 16 Nov 2024Rp1018.7tRp86.2tRp11.2t16.5x91.1x11.8x
Mon, 14 Oct 2024Rp973.0tRp83.3tRp10.3t18.5x94.2x11.7x
Wed, 11 Sep 2024Rp1638.7tRp82.6tRp10.2t18.5x160x19.8x
Fri, 09 Aug 2024Rp1192.6tRp84.4tRp10.4t19.4x114.2x14.1x
Sun, 07 Jul 2024Rp1484.4tRp86.3tRp10.7t19.1x138.6x17.2x
Tue, 04 Jun 2024Rp1204.0tRp86.1tRp10.7t18.9x112.7x14x
Thu, 02 May 2024Rp1337.2tRp86.3tRp11.0t19x121.6x15.5x
Sat, 30 Mar 2024Rp818.2tRp83.8tRp10.4t14.7x78.5x9.8x
Mon, 26 Feb 2024Rp832.1tRp72.8tRp7.7t16.7x108.7x11.4x
Wed, 24 Jan 2024Rp843.1tRp73.0tRp7.7t16.3x109.9x11.6x
Fri, 22 Dec 2023Rp1096.7tRp72.0tRp7.6t10.7x144.5x15.2x
Sun, 19 Nov 2023Rp940.6tRp71.6tRp7.5t12.2x124.8x13.1x
Tue, 17 Oct 2023Rp421.0tRp72.7tRp7.7t17.9x54.8x5.8x
Thu, 14 Sep 2023Rp98.8tRp71.2tRp7.5t17.5x13.1x1.4x
Sat, 12 Aug 2023Rp88.2tRp71.5tRp8.4t14.3x10.5x1.2x
Mon, 10 Jul 2023Rp82.8tRp71.0tRp8.1t14.5x10.2x1.2x
Wed, 07 Jun 2023Rp87.3tRp69.6tRp7.8t16x11.3x1.3x
Fri, 05 May 2023Rp80.9tRp68.7tRp7.5t15.1x10.8x1.2x
Sun, 02 Apr 2023Rp76.6tRp66.1tRp8.2t12.5x9.3x1.2x
Tue, 28 Feb 2023Rp85.9tRp67.2tRp8.5t13.5x10.1x1.3x
Thu, 26 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 87.5x202420252026
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 87.5x.
  • 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 Market1.88%
Utilities1.52%
Gas Utilities2.78%
Renewable Energy2.61%
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 EnergyRp1.30k11.6%
+Rp5.6t
42.1%PE24.6x
PGAS Perusahaan Gas NegaraRp2.02k2.8%
+Rp1.3t
25.5%PE9.2x
KEEN Kencana Energi LestariRp1.02k1.0%
+Rp36.7b
64.5%PE66.1x
HGII Hero Global InvestmentRp165.001.9%
+Rp19.5b
-14.9%PE46.5x

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