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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedJul 02, 2026
DataAggregated Company Financials
Companies8
  • 7D-6.7%
  • 3M-28.3%
  • 1Y-39.5%
  • YTD-62.6%

Over the last 7 days, the Renewable Energy industry has dropped 6.7%, driven by a pullback from Barito Renewables Energy of 11%. Overall the industry is down 40% in 12 months. As for the next few years, earnings are expected to grow by 35% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Jul 2026Rp515.9tRp30.2tRp6.7t36.7x76.7x17.1x
Sun, 31 May 2026Rp512.5tRp30.1tRp6.7t38.7x76.6x17x
Tue, 28 Apr 2026Rp711.6tRp28.6tRp6.1t39x117x24.8x
Thu, 26 Mar 2026Rp854.6tRp28.1tRp5.9t55.9x145.2x30.4x
Sat, 21 Feb 2026Rp1171.7tRp28.0tRp5.7t56x204.1x41.9x
Mon, 19 Jan 2026Rp1400.2tRp28.0tRp5.7t56.3x243.9x50x
Wed, 17 Dec 2025Rp1391.9tRp27.6tRp5.7t55.8x245.7x50.4x
Fri, 14 Nov 2025Rp1396.8tRp27.7tRp5.7t57.3x246x50.4x
Sun, 12 Oct 2025Rp1400.0tRp27.2tRp5.8t47.8x239.7x51.5x
Tue, 09 Sep 2025Rp1224.6tRp26.9tRp5.7t41.2x213x45.6x
Thu, 07 Aug 2025Rp1052.0tRp26.8tRp5.7t39.8x183.4x39.3x
Sat, 05 Jul 2025Rp846.3tRp26.4tRp5.8t26.7x146.8x32.1x
Mon, 02 Jun 2025Rp943.7tRp26.6tRp5.8t28.4x162.4x35.5x
Wed, 30 Apr 2025Rp866.0tRp27.2tRp5.9t30.4x147.2x31.9x
Fri, 28 Mar 2025Rp734.5tRp27.0tRp6.2t29.1x119.3x27.2x
Sun, 23 Feb 2025Rp978.4tRp26.5tRp5.9t29.1x166x36.9x
Tue, 21 Jan 2025Rp1339.5tRp26.6tRp5.9t28.5x226.4x50.4x
Thu, 19 Dec 2024Rp1254.4tRp26.1tRp5.8t14.2x216.6x48.1x
Sat, 16 Nov 2024Rp982.5tRp25.8tRp5.7t16.5x171.8x38.1x
Mon, 14 Oct 2024Rp936.0tRp25.1tRp5.3t18.9x175.2x37.2x
Wed, 11 Sep 2024Rp1602.7tRp24.9tRp5.3t18.5x302.5x64.3x
Fri, 09 Aug 2024Rp1154.4tRp25.7tRp5.5t19.4x211.7x45x
Sun, 07 Jul 2024Rp1444.7tRp26.3tRp5.6t19.1x257.9x54.9x
Tue, 04 Jun 2024Rp1165.1tRp26.2tRp5.6t18.9x208.2x44.4x
Thu, 02 May 2024Rp1301.0tRp26.3tRp5.9t19x220.8x49.4x
Sat, 30 Mar 2024Rp784.8tRp25.6tRp6.0t14.7x130.7x30.7x
Mon, 26 Feb 2024Rp803.5tRp16.0tRp4.3t16.7x186.7x50.2x
Wed, 24 Jan 2024Rp813.7tRp16.0tRp4.3t16.3x188.6x50.7x
Fri, 22 Dec 2023Rp1070.0tRp15.9tRp4.3t16.1x250.7x67.3x
Sun, 19 Nov 2023Rp913.4tRp15.8tRp4.2t17.1x215.5x57.7x
Tue, 17 Oct 2023Rp387.1tRp16.1tRp4.0t23.2x96.2x24.1x
Thu, 14 Sep 2023Rp66.2tRp15.7tRp3.9t21.8x16.8x4.2x
Sat, 12 Aug 2023Rp54.2tRp15.6tRp3.9t17.2x13.9x3.5x
Mon, 10 Jul 2023Rp50.1tRp15.5tRp3.7t15.6x13.6x3.2x
Price to Earnings Ratio

13.6x


Total Market Cap: Rp50.1tTotal Earnings: Rp3.7tTotal Revenue: Rp15.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 174.3x202420252026
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 76.7x which is lower than its 3-year average PE of 174x.
  • The 3-year average PS ratio of 39.0x is higher than the industry's current PS ratio of 17.1x.
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 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-3.14%
Utilities-6.42%
Renewable Energy-6.72%
Independent Power Producers and Energy Traders0.58%
Renewable Energy-6.87%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 224x.
    • Analysts are expecting annual earnings growth of 35.8%, which is higher than its past year's earnings growth of 6.9% 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 9.7x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings growth rate of 6.9% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 9.1% 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
PGEO Pertamina Geothermal EnergyRp875.001.7%
+Rp627.5b
-39.2%PE13.5x
ARKO Arkora HydroRp4.90k1.7%
+Rp234.3b
512.5%PE238.9x
POWR Cikarang ListrindoRp705.000.7%
+Rp79.3b
3.7%PE8.5x
HGII Hero Global InvestmentRp122.000.8%
+Rp6.5b
-23.3%PE49.5x

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