Indonesian (IDX) Renewable Energy Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies8
- 7D-3.6%
- 3M-2.5%
- 1Y39.5%
- YTD9.6%
Over the last 7 days, the Renewable Energy industry has dropped 3.6%, driven by a pullback from Barito Renewables Energy of 1.7%. On the other hand PT. Terregra Asia Energy is actually up 40%. Over the past 12 months, the industry was up 40%. As for the next few years, earnings are expected to grow by 7.2% per annum.
Industry Valuation and Performance
Has the Indonesian Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | Rp1189.5t | Rp26.2t | Rp5.6t | 19.8x | 212.7x | 45.3x |
| Sun, 23 Jun 2024 | Rp1280.2t | Rp26.6t | Rp5.7t | 17.7x | 226.1x | 48.2x |
| Tue, 21 May 2024 | Rp1536.8t | Rp25.9t | Rp5.5t | 19.9x | 278.8x | 59.4x |
| Thu, 18 Apr 2024 | Rp1066.0t | Rp26.3t | Rp5.9t | 18.9x | 181.3x | 40.6x |
| Sat, 16 Mar 2024 | Rp809.0t | Rp15.9t | Rp4.3t | 15.6x | 188.1x | 50.8x |
| Mon, 12 Feb 2024 | Rp788.0t | Rp16.0t | Rp4.3t | 16.4x | 182.7x | 49.1x |
| Wed, 10 Jan 2024 | Rp787.4t | Rp16.0t | Rp4.3t | 16.2x | 183.4x | 49.4x |
| Fri, 08 Dec 2023 | Rp1098.6t | Rp15.9t | Rp4.3t | 15.4x | 257.5x | 68.9x |
| Sun, 05 Nov 2023 | Rp628.2t | Rp16.0t | Rp4.3t | 18.8x | 146.6x | 39.3x |
| Tue, 03 Oct 2023 | Rp79.5t | Rp15.9t | Rp4.0t | 25.7x | 19.9x | 5x |
| Thu, 31 Aug 2023 | Rp70.9t | Rp15.6t | Rp3.9t | 25.6x | 18.2x | 4.6x |
| Sat, 29 Jul 2023 | Rp49.9t | Rp15.5t | Rp3.8t | 14.8x | 13.3x | 3.2x |
| Mon, 26 Jun 2023 | Rp52.1t | Rp15.4t | Rp3.7t | 17x | 14.3x | 3.4x |
| Wed, 24 May 2023 | Rp48.9t | Rp15.0t | Rp3.4t | 17.8x | 14.4x | 3.3x |
| Fri, 21 Apr 2023 | Rp45.3t | Rp14.8t | Rp3.2t | 16.3x | 14x | 3.1x |
| Sun, 19 Mar 2023 | Rp47.6t | Rp15.2t | Rp3.4t | 16.7x | 14.1x | 3.1x |
| Tue, 14 Feb 2023 | Rp14.4t | Rp9.1t | Rp1.5t | 19.7x | 9.5x | 1.6x |
| Thu, 12 Jan 2023 | Rp14.2t | Rp9.2t | Rp1.5t | 19.6x | 9.3x | 1.5x |
| Sat, 10 Dec 2022 | Rp15.1t | Rp9.3t | Rp1.6t | 22.4x | 9.7x | 1.6x |
| Mon, 07 Nov 2022 | Rp15.2t | Rp9.2t | Rp1.6t | 18x | 9.3x | 1.7x |
| Wed, 05 Oct 2022 | Rp15.9t | Rp8.9t | Rp1.6t | 19.7x | 10x | 1.8x |
| Fri, 02 Sep 2022 | Rp15.1t | Rp8.7t | Rp1.5t | 20.6x | 9.8x | 1.7x |
| Sun, 31 Jul 2022 | Rp14.4t | Rp8.6t | Rp1.6t | 19.2x | 9x | 1.7x |
| Tue, 28 Jun 2022 | Rp12.8t | Rp8.3t | Rp1.5t | 16.9x | 8.3x | 1.5x |
| Thu, 26 May 2022 | Rp12.5t | Rp8.1t | Rp1.4t | 14.9x | 8.7x | 1.5x |
| Sat, 23 Apr 2022 | Rp12.6t | Rp7.9t | Rp1.4t | 24.5x | 8.8x | 1.6x |
| Mon, 21 Mar 2022 | Rp12.0t | Rp7.8t | Rp1.4t | 20.8x | 8.6x | 1.5x |
| Wed, 16 Feb 2022 | Rp12.3t | Rp7.8t | Rp1.4t | 23x | 8.8x | 1.6x |
| Fri, 14 Jan 2022 | Rp11.8t | Rp7.8t | Rp1.4t | 20.3x | 8.5x | 1.5x |
| Sun, 12 Dec 2021 | Rp11.8t | Rp7.9t | Rp1.4t | 14x | 8.3x | 1.5x |
| Tue, 09 Nov 2021 | Rp12.0t | Rp7.6t | Rp1.2t | 15.9x | 9.8x | 1.6x |
| Thu, 07 Oct 2021 | Rp11.7t | Rp7.6t | Rp1.2t | 15.2x | 9.6x | 1.5x |
| Sat, 04 Sep 2021 | Rp11.8t | Rp7.7t | Rp1.2t | 15.2x | 9.5x | 1.5x |
| Mon, 02 Aug 2021 | Rp11.6t | Rp7.7t | Rp1.2t | 14.1x | 9.3x | 1.5x |
Price to Earnings Ratio
9.3x
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 213x which is higher than its 3-year average PE of 61.4x.
- The industry's 3-year average PS ratio of 14.6x is exceeded by the industry's current PS ratio of 45.3x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have grown 65% per year over the last three years.
- Revenues for these companies have grown 50% 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 | -1.21% | |
| Utilities | -3.60% | |
| Renewable Energy | -3.60% | |
| Independent Power Producers and Energy Traders | -0.76% | |
| Renewable Energy | -3.62% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 90.2x.
- Analysts are expecting annual earnings growth of 6.2%, which is higher than its past year's earnings decline of 5.9% 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 8.4x.
Forecasted Growth
- Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 12% over the next 5 years.
- This is better than its past earnings decline of 26% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 6.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| POWR Cikarang Listrindo | Rp680.00 | 0.7% +Rp79.0b | -6.8% | PE10.7x | |
| TGRA PT. Terregra Asia Energy | Rp30.00 | 36.4% +Rp22.0b | -40.0% | PS232.9x |