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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedApr 23, 2026
DataAggregated Company Financials
Companies8
  • 7D-13.8%
  • 3M-41.6%
  • 1Y-6.1%
  • YTD-40.8%

Over the last 7 days, the Renewable Energy industry has dropped 14%, driven by Barito Renewables Energy declining 22%. On the other hand Arkora Hydro is actually up 38%. The industry has fallen 6.1% in the last year. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 23 Apr 2026Rp816.5tRp28.6tRp6.1t40.6x134.4x28.5x
Sat, 21 Mar 2026Rp850.0tRp28.4tRp6.1t53.9x139.3x29.9x
Mon, 16 Feb 2026Rp1158.9tRp27.9tRp5.7t56.7x202.6x41.5x
Wed, 14 Jan 2026Rp1332.0tRp27.9tRp5.7t55.6x232.5x47.7x
Fri, 12 Dec 2025Rp1342.9tRp27.6tRp5.7t55.2x237x48.6x
Sun, 09 Nov 2025Rp1409.2tRp27.7tRp5.7t56.6x248.4x50.9x
Tue, 07 Oct 2025Rp1416.2tRp27.2tRp5.9t45.7x241.8x52x
Thu, 04 Sep 2025Rp1229.9tRp27.0tRp5.8t41.4x213.3x45.6x
Sat, 02 Aug 2025Rp1133.4tRp27.0tRp5.8t36.2x195.6x42x
Mon, 30 Jun 2025Rp845.0tRp26.4tRp5.8t26.4x146.4x32x
Wed, 28 May 2025Rp954.3tRp26.5tRp5.8t28.6x164.5x36x
Fri, 25 Apr 2025Rp858.6tRp27.4tRp6.2t28.2x138.6x31.3x
Sun, 23 Mar 2025Rp848.4tRp26.8tRp6.1t29.5x138.8x31.7x
Tue, 18 Feb 2025Rp994.1tRp26.4tRp5.9t28.6x169.5x37.7x
Thu, 16 Jan 2025Rp1269.8tRp26.5tRp5.9t28.7x215.2x47.9x
Sat, 14 Dec 2024Rp1196.4tRp25.9tRp5.8t15.1x207.8x46.1x
Mon, 11 Nov 2024Rp979.4tRp25.4tRp5.6t16.7x173.6x38.5x
Wed, 09 Oct 2024Rp959.7tRp25.3tRp5.4t17.8x178.8x38x
Fri, 06 Sep 2024Rp1501.9tRp24.9tRp5.3t18.4x284.3x60.4x
Sun, 04 Aug 2024Rp1218.7tRp26.1tRp5.6t19.3x219.5x46.8x
Tue, 02 Jul 2024Rp1460.7tRp26.4tRp5.6t18.9x259.5x55.3x
Thu, 30 May 2024Rp1573.3tRp26.2tRp5.6t19.8x281.9x60.1x
Sat, 27 Apr 2024Rp1174.3tRp26.3tRp5.9t18.8x199.6x44.7x
Mon, 25 Mar 2024Rp782.5tRp25.5tRp6.0t19.2x129.5x30.7x
Wed, 21 Feb 2024Rp802.3tRp16.1tRp4.3t16.5x185.7x50x
Fri, 19 Jan 2024Rp823.8tRp16.0tRp4.3t16.3x191.1x51.4x
Sun, 17 Dec 2023Rp1059.9tRp16.0tRp4.3t16.2x247.2x66.3x
Tue, 14 Nov 2023Rp776.4tRp16.1tRp4.3t16.6x180x48.1x
Thu, 12 Oct 2023Rp240.7tRp16.1tRp4.0t25x59.8x15x
Sat, 09 Sep 2023Rp67.4tRp15.7tRp3.9t22.9x17.1x4.3x
Mon, 07 Aug 2023Rp51.9tRp15.5tRp3.9t16x13.3x3.3x
Wed, 05 Jul 2023Rp51.3tRp15.4tRp3.6t16x14.1x3.3x
Fri, 02 Jun 2023Rp52.4tRp15.0tRp3.4t19.8x15.5x3.5x
Sun, 30 Apr 2023Rp46.0tRp14.7tRp3.2t16.7x14.6x3.1x
Price to Earnings Ratio

14.6x


Total Market Cap: Rp46.0tTotal Earnings: Rp3.2tTotal Revenue: Rp14.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 169.5x202420252026
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 134x which is lower than its 3-year average PE of 170x.
  • The 3-year average PS ratio of 38.0x is higher than the industry's current PS ratio of 28.5x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 24% per year over the last three years.
  • Revenues for these companies have grown 25% 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-1.65%
Utilities-12.05%
Renewable Energy-13.84%
Independent Power Producers and Energy Traders1.24%
Renewable Energy-14.03%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 218x.
    • Analysts are expecting annual earnings growth of 11.9%, which is higher than its past year's earnings growth of 8.3% 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 12% over the next 5 years.
  • This is better than its past earnings growth rate of 8.3% 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
ARKO Arkora HydroRp10.63k38.0%
+Rp8.6t
1,067.6%PE486.9x
KEEN Kencana Energi LestariRp955.005.5%
+Rp183.3b
29.9%PE26.1x
POWR Cikarang ListrindoRp740.000.7%
+Rp79.3b
7.2%PE9.4x
HGII Hero Global InvestmentRp147.005.0%
+Rp45.5b
-18.3%PE56x

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