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

Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedJan 22, 2026
DataAggregated Company Financials
Companies8
  • 7D-3.4%
  • 3M4.6%
  • 1Y-2.5%
  • YTD-2.5%

Over the last 7 days, the Renewable Energy industry has dropped 3.4%, driven by a pullback from Barito Renewables Energy of 3.6%. In contrast, Kencana Energi Lestari has gained 13%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 23 Jan 2026Rp1344.5tRp28.1tRp5.8t61.4x233.5x47.9x
Sun, 21 Dec 2025Rp1330.4tRp27.7tRp5.7t54.7x234x48x
Tue, 18 Nov 2025Rp1374.3tRp27.7tRp5.7t56.6x241.5x49.5x
Thu, 16 Oct 2025Rp1354.2tRp27.2tRp5.8t46.5x231.7x49.8x
Sat, 13 Sep 2025Rp1221.9tRp26.9tRp5.7t40.8x212.6x45.5x
Mon, 11 Aug 2025Rp1149.8tRp26.6tRp5.7t40.1x201.6x43.2x
Wed, 09 Jul 2025Rp881.1tRp26.5tRp5.8t27.2x152.4x33.3x
Fri, 06 Jun 2025Rp922.7tRp26.5tRp5.8t28.6x158.9x34.8x
Sun, 04 May 2025Rp872.5tRp26.7tRp5.8t30.3x151.2x32.7x
Tue, 01 Apr 2025Rp786.1tRp27.0tRp6.1t30.6x129.3x29.1x
Thu, 27 Feb 2025Rp915.1tRp26.6tRp6.0t27.9x153.5x34.4x
Sat, 25 Jan 2025Rp1343.3tRp26.3tRp5.8t31.5x229.7x51.1x
Mon, 23 Dec 2024Rp1287.4tRp26.3tRp5.8t15.2x220.8x49x
Wed, 20 Nov 2024Rp976.1tRp25.7tRp5.7t16.6x171.3x38x
Fri, 18 Oct 2024Rp1025.9tRp25.0tRp5.3t18.8x193.1x41x
Sun, 15 Sep 2024Rp1638.3tRp24.9tRp5.3t18.1x310.3x65.9x
Tue, 13 Aug 2024Rp1194.6tRp25.8tRp5.5t19.1x218.2x46.4x
Thu, 11 Jul 2024Rp1382.6tRp26.2tRp5.6t19.6x247.4x52.7x
Sat, 08 Jun 2024Rp960.2tRp26.2tRp5.6t18.4x172.2x36.7x
Mon, 06 May 2024Rp1387.8tRp26.0tRp5.6t19.1x249.5x53.5x
Wed, 03 Apr 2024Rp829.4tRp25.6tRp6.0t14.1x137.6x32.3x
Fri, 01 Mar 2024Rp877.4tRp16.1tRp4.3t16.6x202.3x54.4x
Sun, 28 Jan 2024Rp766.5tRp16.2tRp4.4t16.1x175.7x47.3x
Tue, 26 Dec 2023Rp1068.6tRp15.9tRp4.3t16.1x250.5x67.3x
Thu, 23 Nov 2023Rp972.1tRp16.0tRp4.3t15.9x227x60.7x
Sat, 21 Oct 2023Rp615.8tRp16.2tRp4.1t23.7x151.4x37.9x
Mon, 18 Sep 2023Rp75.8tRp15.7tRp3.9t25.6x19.2x4.8x
Wed, 16 Aug 2023Rp55.5tRp15.7tRp3.9t18.1x14.1x3.5x
Fri, 14 Jul 2023Rp48.2tRp15.3tRp3.6t15x13.3x3.1x
Sun, 11 Jun 2023Rp50.5tRp15.3tRp3.6t16.7x13.9x3.3x
Tue, 09 May 2023Rp47.7tRp14.8tRp3.3t17x14.4x3.2x
Thu, 06 Apr 2023Rp41.6tRp14.7tRp3.3t14.1x12.7x2.8x
Sat, 04 Mar 2023Rp50.5tRp15.1tRp3.4t18.2x15x3.3x
Mon, 30 Jan 2023Rp14.5tRp8.9tRp1.5t21x9.7x1.6x
Price to Earnings Ratio

9.7x


Total Market Cap: Rp14.5tTotal Earnings: Rp1.5tTotal Revenue: Rp8.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 156.1x202420252026
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 234x which is higher than its 3-year average PE of 156x.
  • The industry's 3-year average PS ratio of 35.2x is exceeded by the industry's current PS ratio of 47.9x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 57% per year over the last three years.
  • Revenues for these companies have grown 46% 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-0.091%
Utilities-2.94%
Renewable Energy-3.41%
Independent Power Producers and Energy Traders0.60%
Renewable Energy-3.45%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 202x.
    • Analysts are expecting annual earnings growth of 16.6%, 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 9.5x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 17% 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
KEEN Kencana Energi LestariRp1.21k18.1%
+Rp678.3b		84.0%PE78.2x
POWR Cikarang ListrindoRp715.000.7%
+Rp79.1b		8.3%PE11.2x
MPOW Megapower MakmurRp127.000.8%
+Rp817.0m		24.5%PS3.3x

Latest News

KEEN
Rp1,205.00
Kencana Energi Lestari
7D
18.1%
1Y
84.0%
MPOW
Rp127.00
Megapower Makmur
7D
0.8%
1Y
24.5%
BREN
Rp9,500.00
Barito Renewables Energy
7D
-2.1%
1Y
-5.0%
POWR
Rp715.00
Cikarang Listrindo
7D
0.7%
1Y
8.3%
PGEO
Rp1,230.00
Pertamina Geothermal Energy
7D
-5.4%
1Y
17.1%