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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedMar 22, 2026
DataAggregated Company Financials
Companies8
  • 7D-7.1%
  • 3M-36.9%
  • 1Y0.2%
  • YTD-38.4%

Over the last 7 days, the Renewable Energy industry has dropped 7.1%, driven by Barito Renewables Energy declining 7.9%. In contrast, Arkora Hydro has gained 13%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Mar 2026Rp850.0tRp28.4tRp6.1t53.9x139.3x29.9x
Tue, 17 Feb 2026Rp1158.9tRp27.9tRp5.7t56.7x202.5x41.5x
Thu, 15 Jan 2026Rp1392.0tRp28.0tRp5.7t56.6x242.8x49.8x
Sat, 13 Dec 2025Rp1361.4tRp27.6tRp5.7t56.2x240.4x49.3x
Mon, 10 Nov 2025Rp1409.2tRp27.7tRp5.7t56.6x248.4x50.9x
Wed, 08 Oct 2025Rp1416.4tRp27.1tRp5.8t48x242.7x52.2x
Fri, 05 Sep 2025Rp1233.6tRp26.9tRp5.8t41.1x214x45.8x
Sun, 03 Aug 2025Rp1131.9tRp27.0tRp5.8t36.3x195.6x42x
Tue, 01 Jul 2025Rp845.0tRp26.5tRp5.8t26.9x146.2x31.9x
Thu, 29 May 2025Rp943.8tRp26.5tRp5.8t28.4x162.5x35.6x
Sat, 26 Apr 2025Rp858.6tRp27.3tRp6.2t28.7x139x31.4x
Mon, 24 Mar 2025Rp848.4tRp26.8tRp6.1t29.5x138.7x31.6x
Wed, 19 Feb 2025Rp966.5tRp26.5tRp5.9t28.8x164.3x36.5x
Fri, 17 Jan 2025Rp1337.0tRp26.6tRp5.9t28.6x225.8x50.3x
Sun, 15 Dec 2024Rp1196.4tRp25.9tRp5.8t15.1x207.8x46.1x
Tue, 12 Nov 2024Rp1045.4tRp25.4tRp5.6t16.4x185.1x41.1x
Thu, 10 Oct 2024Rp959.7tRp25.2tRp5.4t18.5x179.1x38x
Sat, 07 Sep 2024Rp1501.9tRp24.8tRp5.3t18.3x285.1x60.6x
Mon, 05 Aug 2024Rp1218.7tRp26.1tRp5.6t19.3x219.5x46.8x
Wed, 03 Jul 2024Rp1423.5tRp26.5tRp5.6t18.7x252.5x53.8x
Fri, 31 May 2024Rp1287.7tRp26.3tRp5.6t19.2x229.6x49x
Sun, 28 Apr 2024Rp1219.8tRp26.3tRp5.9t18.8x207.5x46.5x
Tue, 26 Mar 2024Rp788.8tRp25.5tRp6.0t19.1x130.6x31x
Thu, 22 Feb 2024Rp801.6tRp16.0tRp4.3t16.3x185.8x50x
Sat, 20 Jan 2024Rp749.8tRp16.0tRp4.3t16.3x174x46.8x
Mon, 18 Dec 2023Rp1059.9tRp16.0tRp4.3t16.2x247.2x66.3x
Wed, 15 Nov 2023Rp787.5tRp16.1tRp4.3t17.1x182.7x48.9x
Fri, 13 Oct 2023Rp274.5tRp16.1tRp4.0t23.4x68.2x17.1x
Sun, 10 Sep 2023Rp69.7tRp15.7tRp3.9t22.9x17.7x4.4x
Tue, 08 Aug 2023Rp51.6tRp15.6tRp3.9t15.7x13.2x3.3x
Thu, 06 Jul 2023Rp50.2tRp15.4tRp3.7t16.1x13.7x3.3x
Sat, 03 Jun 2023Rp52.4tRp15.0tRp3.4t19.9x15.5x3.5x
Mon, 01 May 2023Rp46.0tRp14.7tRp3.2t16.7x14.6x3.1x
Wed, 29 Mar 2023Rp43.1tRp14.9tRp3.3t14.7x13x2.9x
Price to Earnings Ratio

13x


Total Market Cap: Rp43.1tTotal Earnings: Rp3.3tTotal Revenue: Rp14.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 165.9x202420252026
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 139x which is lower than its 3-year average PE of 166x.
  • The 3-year average PS ratio of 37.2x is higher than the industry's current PS ratio of 29.9x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 22% 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 Market-1.01%
Utilities-6.20%
Renewable Energy-7.14%
Independent Power Producers and Energy Traders-0.48%
Renewable Energy-7.22%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 213x.
    • 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
ARKO Arkora HydroRp6.40k13.3%
+Rp2.2t
623.2%PE293.3x
LAPD Leyand InternationalRp92.007.0%
+Rp23.8b
338.1%PS1.4x

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