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Indonesian (IDX) Utilities Sector Analysis

UpdatedNov 10, 2025
DataAggregated Company Financials
Companies11
  • 7D12.3%
  • 3M13.9%
  • 1Y42.7%
  • YTD21.2%

In the last week, the Utilities industry is up 12%, with Barito Renewables Energy up 15%. This takes the industry's 12 month performance to a gain of 43%. Looking forward, earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 10 Nov 2025Rp1691.2tRp95.5tRp12.4t45.1x136.6x17.7x
Wed, 08 Oct 2025Rp1706.6tRp94.1tRp12.1t48.7x140.6x18.1x
Fri, 05 Sep 2025Rp1455.3tRp93.1tRp11.2t41.8x130.4x15.6x
Sun, 03 Aug 2025Rp1374.9tRp91.9tRp10.9t31.8x125.9x15x
Tue, 01 Jul 2025Rp882.7tRp88.8tRp10.3t25.5x85.4x9.9x
Thu, 29 May 2025Rp988.0tRp89.1tRp10.4t25.5x95.2x11.1x
Sat, 26 Apr 2025Rp901.7tRp91.6tRp11.9t22.7x75.8x9.8x
Mon, 24 Mar 2025Rp885.9tRp89.5tRp11.8t16.5x75.1x9.9x
Wed, 19 Feb 2025Rp1007.9tRp88.3tRp11.5t12.9x87.8x11.4x
Fri, 17 Jan 2025Rp1377.1tRp88.9tRp11.5t13.6x119.2x15.5x
Sun, 15 Dec 2024Rp1235.5tRp86.7tRp11.3t15.1x109.8x14.2x
Tue, 12 Nov 2024Rp1081.8tRp85.1tRp11.0t16.4x98x12.7x
Thu, 10 Oct 2024Rp996.4tRp83.6tRp10.4t18.5x96.2x11.9x
Sat, 07 Sep 2024Rp1539.2tRp82.1tRp10.2t18.3x151.1x18.7x
Mon, 05 Aug 2024Rp1257.3tRp85.8tRp10.6t19.3x118.3x14.7x
Wed, 03 Jul 2024Rp1462.7tRp86.9tRp10.8t18.7x135.7x16.8x
Fri, 31 May 2024Rp1327.9tRp86.2tRp10.7t19.2x124x15.4x
Sun, 28 Apr 2024Rp1251.3tRp85.8tRp10.4t18.8x120.3x14.6x
Tue, 26 Mar 2024Rp822.1tRp83.4tRp10.4t19.1x78.7x9.9x
Thu, 22 Feb 2024Rp830.8tRp73.0tRp7.7t16.3x108.3x11.4x
Sat, 20 Jan 2024Rp780.3tRp72.9tRp7.7t16.3x101.8x10.7x
Mon, 18 Dec 2023Rp1086.1tRp72.3tRp7.6t10.8x142.5x15x
Wed, 15 Nov 2023Rp814.9tRp72.9tRp7.7t12.1x106.2x11.2x
Fri, 13 Oct 2023Rp308.1tRp72.7tRp7.7t18.2x40.1x4.2x
Sun, 10 Sep 2023Rp102.6tRp71.2tRp7.5t18.1x13.6x1.4x
Tue, 08 Aug 2023Rp85.4tRp71.3tRp8.4t13.5x10.2x1.2x
Thu, 06 Jul 2023Rp82.7tRp70.5tRp8.1t14.8x10.2x1.2x
Sat, 03 Jun 2023Rp87.1tRp69.4tRp7.7t15.5x11.2x1.3x
Mon, 01 May 2023Rp80.7tRp68.4tRp7.5t13.7x10.8x1.2x
Wed, 29 Mar 2023Rp76.7tRp66.5tRp8.3t12.5x9.3x1.2x
Fri, 24 Feb 2023Rp78.7tRp66.9tRp8.5t9.7x9.3x1.2x
Sun, 22 Jan 2023Rp53.4tRp60.6tRp6.4t9.9x8.3x0.9x
Tue, 20 Dec 2022Rp58.9tRp62.6tRp6.7t11.3x8.8x0.9x
Thu, 17 Nov 2022Rp59.5tRp62.5tRp6.6t18.8x9x1x
Price to Earnings Ratio

9x


Total Market Cap: Rp59.5tTotal Earnings: Rp6.6tTotal Revenue: Rp62.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Utilities Sector Price to Earnings3Y Average 79.6x202320242025
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 137x which is higher than its 3-year average PE of 79.5x.
  • The 3-year average PS ratio of 9.5x is lower than the industry's current PS ratio of 17.7x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 23% 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 Market2.99%
Utilities12.33%
Renewable Energy13.97%
Gas Utilities1.17%
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 140x.
    • Analysts are expecting annual earnings growth of 15.6%, which is higher than its past year's earnings decline of 18.9% per year.
  • Investors are most pessimistic about the Gas Utilities industry, which is trading close to its 3-year average of 7.9x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 16% 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 growth to stay flat 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 EnergyRp9.98k15.0%
+Rp173.9t		45.1%PE560.4x
CDIA Chandra Daya InvestasiRp1.92k5.5%
+Rp12.5t		n/aPE164.5x
PGAS Perusahaan Gas NegaraRp1.76k1.1%
+Rp484.8b		15.0%PE8.1x
KEEN Kencana Energi LestariRp1.04k4.5%
+Rp165.0b		62.5%PE68.1x
ARKO PT. Arkora HydroRp1.62k1.9%
+Rp87.9b		57.3%PE97x

Latest News

ARKO
Rp1,620.00
PT. Arkora Hydro
7D
1.9%
1Y
57.3%
CGAS
Rp150.00
Citra Nusantara Gemilang
7D
4.9%
1Y
38.9%
CDIA
Rp1,915.00
Chandra Daya Investasi
7D
5.5%
1Y
n/a
KEEN
Rp1,040.00
Kencana Energi Lestari
7D
4.5%
1Y
62.5%
POWR
Rp710.00
Cikarang Listrindo
7D
0.7%
1Y
0.7%
PGEO
Rp1,270.00
Pertamina Geothermal Energy
7D
-2.7%
1Y
22.7%
BREN
Rp9,975.00
Barito Renewables Energy
7D
15.0%
1Y
45.1%
PGAS
Rp1,760.00
Perusahaan Gas Negara
7D
1.1%
1Y
15.0%
HGII
Rp160.00
Hero Global Investment
7D
0.6%
1Y
n/a
LAPD
Rp182.00
Leyand International
7D
-9.0%
1Y
1,300.0%