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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedMar 26, 2026
DataAggregated Company Financials
Companies8
  • 7D0.5%
  • 3M-35.4%
  • 1Y9.6%
  • YTD-38.0%

Last week, the Renewable Energy industry hasn't moved much but Pertamina Geothermal Energy is up 5.3% in that time. As for the the longer term, the industry is up 9.6% over the past 12 months. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Indonesian Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Mar 2026Rp854.6tRp28.1tRp5.9t55.9x145.2x30.4x
Sun, 22 Feb 2026Rp1171.7tRp28.0tRp5.7t56x204.2x41.9x
Tue, 20 Jan 2026Rp1382.6tRp28.1tRp5.8t56.8x239.5x49.1x
Thu, 18 Dec 2025Rp1381.3tRp27.7tRp5.7t55.4x243.4x49.9x
Sat, 15 Nov 2025Rp1375.9tRp27.7tRp5.7t56.8x242.1x49.6x
Mon, 13 Oct 2025Rp1400.0tRp27.2tRp5.8t47.8x239.7x51.5x
Wed, 10 Sep 2025Rp1190.2tRp26.9tRp5.8t40.4x206.9x44.3x
Fri, 08 Aug 2025Rp1054.9tRp26.7tRp5.7t41.2x184.5x39.5x
Sun, 06 Jul 2025Rp838.2tRp26.4tRp5.8t26.7x145.4x31.8x
Tue, 03 Jun 2025Rp911.7tRp26.5tRp5.8t28.3x157.2x34.4x
Thu, 01 May 2025Rp862.2tRp26.9tRp5.8t30.2x147.9x32x
Sat, 29 Mar 2025Rp786.1tRp27.0tRp6.1t30.6x129.3x29.1x
Mon, 24 Feb 2025Rp978.4tRp26.5tRp5.9t29.1x166x36.9x
Wed, 22 Jan 2025Rp1373.7tRp26.6tRp5.9t28.8x232.4x51.7x
Fri, 20 Dec 2024Rp1236.7tRp26.4tRp5.9t15x210.9x46.8x
Sun, 17 Nov 2024Rp982.5tRp25.7tRp5.7t16.5x172.1x38.2x
Tue, 15 Oct 2024Rp936.0tRp25.1tRp5.3t18.9x175.2x37.2x
Thu, 12 Sep 2024Rp1602.7tRp24.9tRp5.3t18.2x303.1x64.4x
Sat, 10 Aug 2024Rp1154.4tRp25.7tRp5.5t19.2x211.4x44.9x
Mon, 08 Jul 2024Rp1444.7tRp26.3tRp5.6t19.1x257.9x54.9x
Wed, 05 Jun 2024Rp1129.4tRp26.4tRp5.6t18.8x200.9x42.8x
Fri, 03 May 2024Rp1387.4tRp26.1tRp5.8t18.9x237.3x53.1x
Sun, 31 Mar 2024Rp784.8tRp25.6tRp6.0t14.7x130.7x30.7x
Tue, 27 Feb 2024Rp803.7tRp16.0tRp4.3t16.6x186.3x50.1x
Thu, 25 Jan 2024Rp786.6tRp16.1tRp4.3t16.3x181.5x48.8x
Sat, 23 Dec 2023Rp1070.0tRp15.8tRp4.3t16.2x251.5x67.5x
Mon, 20 Nov 2023Rp913.4tRp15.8tRp4.2t17.1x215.5x57.7x
Wed, 18 Oct 2023Rp387.1tRp16.1tRp4.0t23.2x96.2x24.1x
Fri, 15 Sep 2023Rp67.3tRp15.7tRp3.9t22.3x17.1x4.3x
Sun, 13 Aug 2023Rp56.4tRp15.7tRp3.9t17.2x14.4x3.6x
Tue, 11 Jul 2023Rp49.6tRp15.6tRp3.7t15.3x13.4x3.2x
Thu, 08 Jun 2023Rp52.5tRp15.2tRp3.6t17.7x14.5x3.5x
Sat, 06 May 2023Rp47.4tRp14.7tRp3.3t16.6x14.3x3.2x
Mon, 03 Apr 2023Rp43.1tRp14.8tRp3.3t14.8x13.1x2.9x
Price to Earnings Ratio

13.1x


Total Market Cap: Rp43.1tTotal Earnings: Rp3.3tTotal Revenue: Rp14.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 166.4x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Renewable Energy 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 145x which is lower than its 3-year average PE of 166x.
  • The industry's 3-year average PS ratio of 37.3x is higher than the industry's current PS ratio of 30.4x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 24% 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 industry?

ID Market2.37%
Utilities1.05%
Renewable Energy0.54%
Independent Power Producers and Energy Traders1.74%
Renewable Energy0.52%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 214x.
    • Analysts are expecting annual earnings growth of 13.3%, which is higher than its past year's earnings decline of 14.2% per year.
  • Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading close to its 3-year average of 9.6x.
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 14% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 8.7% 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
PGEO Pertamina Geothermal EnergyRp995.005.3%
+Rp2.1t		23.6%PE17.9x
POWR Cikarang ListrindoRp740.002.8%
+Rp317.0b		12.1%PE9.6x
KEEN Kencana Energi LestariRp875.004.2%
+Rp128.3b		25.9%PE56.6x
MPOW Megapower MakmurRp94.004.4%
+Rp3.3b		1.1%PS2.5x

Latest News

POWR
Rp740.00
Cikarang Listrindo
7D
2.8%
1Y
12.1%
LAPD
Rp80.00
Leyand International
7D
-13.0%
1Y
321.1%
BREN
Rp5,550.00
Barito Renewables Energy
7D
-4.3%
1Y
0.9%
HGII
Rp140.00
Hero Global Investment
7D
-0.7%
1Y
-15.2%
MPOW
Rp94.00
Megapower Makmur
7D
4.4%
1Y
1.1%
PGEO
Rp995.00
Pertamina Geothermal Energy
7D
5.3%
1Y
23.6%
ARKO
Rp6,300.00
Arkora Hydro
7D
-1.6%
1Y
624.1%
KEEN
Rp875.00
Kencana Energi Lestari
7D
4.2%
1Y
25.9%