Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies8
  • 7D1.3%
  • 3M-12.5%
  • 1Y36.1%
  • YTD-13.9%

Over the last 7 days, the Renewable Energy industry has risen 1.3%, driven by gains from Barito Renewables Energy of 2.2%. Meanwhile, PT. Arkora Hydro actually underperformed within the industry, shrinking 20% in the last week. This means that the industry has gained 36% over the past year. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 02 Mar 2026Rp1187.3tRp27.8tRp5.7t55.4x208.2x42.7x
Wed, 28 Jan 2026Rp1374.3tRp27.7tRp5.7t59x241.7x49.6x
Fri, 26 Dec 2025Rp1322.6tRp27.8tRp5.7t54.6x232.2x47.6x
Sun, 23 Nov 2025Rp1393.8tRp27.7tRp5.7t60.3x245.3x50.3x
Tue, 21 Oct 2025Rp1317.5tRp27.1tRp5.8t48.2x225.9x48.6x
Thu, 18 Sep 2025Rp1270.4tRp27.0tRp5.8t40.4x219.2x47.1x
Sat, 16 Aug 2025Rp1316.6tRp26.5tRp5.7t40.3x232.1x49.6x
Mon, 14 Jul 2025Rp895.6tRp26.4tRp5.8t27.6x155.2x33.9x
Wed, 11 Jun 2025Rp974.0tRp26.5tRp5.8t28.2x167.9x36.7x
Fri, 09 May 2025Rp854.0tRp26.9tRp5.9t26.1x145.3x31.8x
Sun, 06 Apr 2025Rp786.1tRp26.9tRp6.1t26.5x129.3x29.2x
Tue, 04 Mar 2025Rp910.1tRp26.8tRp6.0t26.7x151.6x34x
Thu, 30 Jan 2025Rp1343.3tRp26.3tRp5.8t31.5x229.7x51.1x
Sat, 28 Dec 2024Rp1286.4tRp26.3tRp5.8t14.8x220.1x48.9x
Mon, 25 Nov 2024Rp955.5tRp25.7tRp5.7t16.4x167.2x37.1x
Wed, 23 Oct 2024Rp1085.0tRp25.1tRp5.3t18.2x203.3x43.2x
Fri, 20 Sep 2024Rp1538.4tRp24.6tRp5.2t18.3x294.4x62.5x
Sun, 18 Aug 2024Rp1238.4tRp25.3tRp5.4t19.5x230.2x48.9x
Tue, 16 Jul 2024Rp1333.6tRp26.2tRp5.6t19.9x239.3x51x
Thu, 13 Jun 2024Rp1040.0tRp26.3tRp5.6t17.3x185.5x39.5x
Sat, 11 May 2024Rp1361.7tRp26.0tRp5.5t20.7x246.1x52.5x
Mon, 08 Apr 2024Rp992.5tRp25.7tRp5.7t19x172.8x38.6x
Wed, 06 Mar 2024Rp856.4tRp16.1tRp4.4t15.5x196.7x53.3x
Fri, 02 Feb 2024Rp719.9tRp16.2tRp4.3t16.3x165.6x44.5x
Sun, 31 Dec 2023Rp1064.8tRp15.8tRp4.2t16.2x250.9x67.4x
Tue, 28 Nov 2023Rp854.2tRp15.9tRp4.3t15.1x200.6x53.7x
Thu, 26 Oct 2023Rp581.1tRp16.3tRp4.1t23.3x142.6x35.7x
Sat, 23 Sep 2023Rp83.3tRp15.7tRp3.9t25.7x21.1x5.3x
Mon, 21 Aug 2023Rp57.1tRp15.7tRp3.9t17.6x14.6x3.6x
Wed, 19 Jul 2023Rp47.9tRp15.4tRp3.6t14.9x13.2x3.1x
Fri, 16 Jun 2023Rp49.8tRp15.3tRp3.6t16.3x13.7x3.2x
Sun, 14 May 2023Rp48.4tRp14.9tRp3.3t17.2x14.5x3.3x
Tue, 11 Apr 2023Rp41.2tRp14.9tRp3.2t14.1x12.7x2.8x
Thu, 09 Mar 2023Rp49.8tRp15.2tRp3.4t17.7x14.7x3.3x
Price to Earnings Ratio

14.7x


Total Market Cap: Rp49.8tTotal Earnings: Rp3.4tTotal Revenue: Rp15.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 163.1x202420252026
Current Industry PE
  • Investors are optimistic on the Indonesian Renewable Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 208x which is higher than its 3-year average PE of 163x.
  • The industry's 3-year average PS ratio of 36.6x is exceeded by the industry's current PS ratio of 42.7x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 22% 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 Market-0.88%
Utilities0.67%
Renewable Energy1.33%
Independent Power Producers and Energy Traders6.46%
Renewable Energy1.28%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 210x.
    • Analysts are expecting annual earnings growth of 14.1%, which is higher than its past year's earnings decline of 20.3% per year.
  • Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.6x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings decline of 20% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 14% 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 EnergyRp8.23k2.2%
+Rp23.4t		34.3%PE459.9x
POWR Cikarang ListrindoRp755.007.1%
+Rp791.5b		18.0%PE11.9x

Latest News

HGII
Rp147.00
Hero Global Investment
7D
-2.0%
1Y
-16.0%
BREN
Rp8,225.00
Barito Renewables Energy
7D
2.2%
1Y
34.3%
PGEO
Rp1,085.00
Pertamina Geothermal Energy
7D
-4.8%
1Y
24.0%
ARKO
Rp8,275.00
PT. Arkora Hydro
7D
-20.4%
1Y
819.4%
KEEN
Rp1,065.00
Kencana Energi Lestari
7D
-0.9%
1Y
70.4%
MPOW
Rp104.00
Megapower Makmur
7D
-3.7%
1Y
9.5%
POWR
Rp755.00
Cikarang Listrindo
7D
7.1%
1Y
18.0%
LAPD
Rp109.00
Leyand International
7D
-6.8%
1Y
395.5%