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Indonesian (IDX) Utilities Sector Analysis

UpdatedApr 15, 2026
DataAggregated Company Financials
Companies11
  • 7D36.1%
  • 3M-28.8%
  • 1Y13.5%
  • YTD-29.1%

In the last week, the Utilities industry is up 34%, with all of the companies up. This means that the industry has gained 11% over the past year. As for the next few years, earnings are expected to grow by 7.8% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 15 Apr 2026Rp1162.1tRp99.8tRp11.8t24.4x98.2x11.6x
Fri, 13 Mar 2026Rp1105.6tRp96.8tRp12.9t40.3x86x11.4x
Sun, 08 Feb 2026Rp1337.0tRp96.6tRp12.5t40.9x106.8x13.8x
Tue, 06 Jan 2026Rp1638.7tRp95.7tRp12.4t44.3x132.1x17.1x
Thu, 04 Dec 2025Rp1661.8tRp95.1tRp12.3t42.6x134.8x17.5x
Sat, 01 Nov 2025Rp1482.8tRp94.7tRp12.1t47.6x122.1x15.7x
Mon, 29 Sep 2025Rp1525.0tRp95.0tRp12.3t46.6x124.4x16.1x
Wed, 27 Aug 2025Rp1506.6tRp91.1tRp10.8t43.3x139.4x16.5x
Fri, 25 Jul 2025Rp1346.8tRp90.7tRp10.9t27.4x123.9x14.8x
Sun, 22 Jun 2025Rp937.8tRp89.6tRp10.4t25.2x89.9x10.5x
Tue, 20 May 2025Rp982.0tRp89.8tRp10.5t23x93.8x10.9x
Thu, 17 Apr 2025Rp841.7tRp91.6tRp11.9t19.8x70.7x9.2x
Sat, 15 Mar 2025Rp891.9tRp88.7tRp11.6t11.6x77.1x10.1x
Mon, 10 Feb 2025Rp1032.2tRp88.3tRp11.5t12.9x89.9x11.7x
Wed, 08 Jan 2025Rp1504.7tRp87.5tRp11.4t13.1x132.5x17.2x
Fri, 06 Dec 2024Rp1099.0tRp86.1tRp11.2t15.7x98.4x12.8x
Sun, 03 Nov 2024Rp995.3tRp85.2tRp11.1t17.4x90x11.7x
Tue, 01 Oct 2024Rp981.6tRp81.0tRp10.0t18.6x97.8x12.1x
Thu, 29 Aug 2024Rp1467.3tRp82.5tRp10.2t18.6x143.5x17.8x
Sat, 27 Jul 2024Rp1227.8tRp86.4tRp10.7t19.6x114.5x14.2x
Mon, 24 Jun 2024Rp1317.2tRp87.2tRp10.8t17.7x121.7x15.1x
Wed, 22 May 2024Rp1575.4tRp84.7tRp10.5t20.3x149.8x18.6x
Fri, 19 Apr 2024Rp1161.5tRp85.6tRp10.4t19.3x112x13.6x
Sun, 17 Mar 2024Rp839.4tRp73.2tRp8.6t15.6x97.1x11.5x
Tue, 13 Feb 2024Rp825.0tRp72.8tRp7.7t16.6x107.8x11.3x
Thu, 11 Jan 2024Rp854.6tRp72.7tRp7.6t16.2x111.8x11.8x
Sat, 09 Dec 2023Rp1168.3tRp72.2tRp7.6t10.4x153.5x16.2x
Mon, 06 Nov 2023Rp658.1tRp72.5tRp7.6t12.9x86.3x9.1x
Wed, 04 Oct 2023Rp113.0tRp72.1tRp7.6t19.8x14.8x1.6x
Fri, 01 Sep 2023Rp109.3tRp71.4tRp8.4t19.1x13x1.5x
Sun, 30 Jul 2023Rp83.1tRp70.9tRp8.2t14.2x10.1x1.2x
Tue, 27 Jun 2023Rp83.6tRp70.6tRp8.1t14.8x10.3x1.2x
Thu, 25 May 2023Rp81.8tRp69.6tRp7.8t15.2x10.5x1.2x
Sat, 22 Apr 2023Rp79.7tRp68.2tRp8.1t13.3x9.9x1.2x
Price to Earnings Ratio

9.9x


Total Market Cap: Rp79.7tTotal Earnings: Rp8.1tTotal Revenue: Rp68.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Utilities Sector Price to Earnings3Y Average 94.7x202420252026
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 91.2x which is lower than its 3-year average PE of 94.6x.
  • The industry is trading close to its 3-year average PS ratio of 11.5x.
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 14% 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 Market12.22%
Utilities36.12%
Renewable Energy36.43%
Gas Utilities5.13%
Electric Utilities0%0
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 168x.
    • 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 8.2x.
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 decline of 33% 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
BREN Barito Renewables EnergyRp6.50k39.8%
+Rp247.5t
10.2%PE383.9x
CDIA Chandra Daya InvestasiRp1.28k46.3%
+Rp50.6t
n/aPE77x
ARKO Arkora HydroRp8.90k21.9%
+Rp4.7t
947.1%PE407.9x
PGEO Pertamina Geothermal EnergyRp1.09k6.9%
+Rp2.9t
26.2%PE19.2x
PGAS Perusahaan Gas NegaraRp1.85k5.1%
+Rp2.2t
9.5%PE12.1x

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