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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedApr 08, 2026
DataAggregated Company Financials
Companies8
  • 7D-9.8%
  • 3M-49.3%
  • 1Y2.8%
  • YTD-49.1%

Over the last 7 days, the Renewable Energy industry has dropped 9.8%, driven by a pullback from Barito Renewables Energy of 9.1%. Meanwhile, Arkora Hydro actually outperformed within the industry, gaining 19% in the last week. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Apr 2026Rp701.7tRp28.4tRp6.0t38.1x116.3x24.7x
Fri, 06 Mar 2026Rp1056.3tRp28.1tRp6.0t52.5x177.5x37.6x
Sun, 01 Feb 2026Rp1228.6tRp27.8tRp5.7t55.3x215.3x44.1x
Tue, 30 Dec 2025Rp1352.3tRp27.8tRp5.7t55.1x237.3x48.7x
Thu, 27 Nov 2025Rp1360.3tRp27.6tRp5.7t61.4x240.4x49.3x
Sat, 25 Oct 2025Rp1303.6tRp27.2tRp5.8t47.2x223x48x
Mon, 22 Sep 2025Rp1288.0tRp27.2tRp5.8t41x220.6x47.4x
Wed, 20 Aug 2025Rp1227.4tRp26.7tRp5.7t41.1x215.3x46.1x
Fri, 18 Jul 2025Rp1118.9tRp26.6tRp5.8t28x192.3x42x
Sun, 15 Jun 2025Rp930.2tRp26.5tRp5.8t27.6x160.4x35.1x
Tue, 13 May 2025Rp860.2tRp26.9tRp5.9t25.8x146.1x32x
Thu, 10 Apr 2025Rp616.7tRp27.4tRp6.2t23.9x99.6x22.5x
Sat, 08 Mar 2025Rp918.0tRp26.5tRp5.9t26.4x154.7x34.7x
Mon, 03 Feb 2025Rp1264.2tRp26.5tRp5.9t29.3x214.6x47.7x
Wed, 01 Jan 2025Rp1295.8tRp26.1tRp5.8t14.7x223.7x49.7x
Fri, 29 Nov 2024Rp961.4tRp25.7tRp5.7t16x168.3x37.4x
Sun, 27 Oct 2024Rp1037.1tRp25.3tRp5.4t17.9x193.3x41.1x
Tue, 24 Sep 2024Rp1243.6tRp24.5tRp5.2t18.3x239.4x50.8x
Thu, 22 Aug 2024Rp1340.8tRp25.1tRp5.3t19.2x251.9x53.5x
Sat, 20 Jul 2024Rp1233.9tRp26.2tRp5.6t20.1x221.4x47.2x
Mon, 17 Jun 2024Rp1108.7tRp26.5tRp5.6t16.3x196.4x41.9x
Wed, 15 May 2024Rp1309.8tRp26.1tRp5.6t19.9x235.6x50.2x
Fri, 12 Apr 2024Rp992.5tRp25.7tRp5.7t19x172.9x38.7x
Sun, 10 Mar 2024Rp886.1tRp15.9tRp4.3t15.6x206.5x55.8x
Tue, 06 Feb 2024Rp759.6tRp16.1tRp4.3t16.4x175.3x47.1x
Thu, 04 Jan 2024Rp1082.6tRp15.9tRp4.3t16.5x253.3x68.2x
Sat, 02 Dec 2023Rp969.3tRp15.9tRp4.3t15.3x227.8x61x
Mon, 30 Oct 2023Rp615.8tRp16.3tRp4.1t23.7x151x37.8x
Wed, 27 Sep 2023Rp85.0tRp15.9tRp4.0t25.7x21.4x5.4x
Fri, 25 Aug 2023Rp60.3tRp15.6tRp3.9t19.3x15.4x3.9x
Sun, 23 Jul 2023Rp48.6tRp15.4tRp3.7t14.8x13.3x3.2x
Tue, 20 Jun 2023Rp49.9tRp15.4tRp3.6t16.2x13.7x3.2x
Thu, 18 May 2023Rp50.8tRp15.0tRp3.4t18.3x15x3.4x
Sat, 15 Apr 2023Rp44.1tRp14.6tRp3.2t15.9x13.9x3x
Price to Earnings Ratio

13.9x


Total Market Cap: Rp44.1tTotal Earnings: Rp3.2tTotal Revenue: Rp14.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 167.7x202420252026
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 116x which is lower than its 3-year average PE of 168x.
  • The 3-year average PS ratio of 37.6x is higher than the industry's current PS ratio of 24.7x.
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-1.63%
Utilities-7.56%
Renewable Energy-9.82%
Independent Power Producers and Energy Traders0.75%
Renewable Energy-9.98%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 216x.
    • Analysts are expecting annual earnings growth of 11.6%, 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 HydroRp8.00k19.4%
+Rp3.8t
881.6%PE366.6x
HGII Hero Global InvestmentRp142.001.4%
+Rp13.0b
-3.4%PE54.1x
MPOW Megapower MakmurRp103.008.4%
+Rp6.5b
18.4%PS2.5x

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