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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedJan 16, 2026
DataAggregated Company Financials
Companies8
  • 7D1.8%
  • 3M6.3%
  • 1Y4.7%
  • YTD1.5%

In the last week, the Renewable Energy industry is flat overall, with Kencana Energi Lestari standing out by going down 5.1%. The past year has been better, since the industry has gained 9.6% in that time. 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, 16 Jan 2026Rp1400.2tRp28.0tRp5.7t56.3x244.1x50.1x
Sun, 14 Dec 2025Rp1361.4tRp27.6tRp5.7t56.2x240.6x49.3x
Tue, 11 Nov 2025Rp1442.2tRp27.7tRp5.7t56.4x254.3x52.1x
Thu, 09 Oct 2025Rp1372.4tRp27.2tRp5.8t48.8x234.7x50.5x
Sat, 06 Sep 2025Rp1233.6tRp26.9tRp5.8t41.2x214.5x45.9x
Mon, 04 Aug 2025Rp1131.9tRp27.0tRp5.8t36.3x195.6x42x
Wed, 02 Jul 2025Rp845.0tRp26.5tRp5.8t26.9x146.2x31.9x
Fri, 30 May 2025Rp943.7tRp26.5tRp5.8t28.4x162.6x35.6x
Sun, 27 Apr 2025Rp860.7tRp27.3tRp6.2t28.7x139.3x31.5x
Tue, 25 Mar 2025Rp777.1tRp26.9tRp6.1t28.8x126.5x28.9x
Thu, 20 Feb 2025Rp966.5tRp26.5tRp5.9t28.8x164.3x36.5x
Sat, 18 Jan 2025Rp1370.0tRp26.6tRp5.9t28.6x231.3x51.5x
Mon, 16 Dec 2024Rp1196.4tRp25.9tRp5.8t15.1x207.8x46.1x
Wed, 13 Nov 2024Rp1063.4tRp25.6tRp5.7t16.7x187.1x41.5x
Fri, 11 Oct 2024Rp938.3tRp25.3tRp5.4t18.6x174.8x37.1x
Sun, 08 Sep 2024Rp1501.9tRp24.8tRp5.3t18.3x285.1x60.6x
Tue, 06 Aug 2024Rp1123.0tRp26.1tRp5.6t18.6x202.2x43.1x
Thu, 04 Jul 2024Rp1423.5tRp26.4tRp5.6t18.5x252.6x53.8x
Sat, 01 Jun 2024Rp1287.7tRp26.3tRp5.6t18.4x229.5x48.9x
Mon, 29 Apr 2024Rp1219.8tRp26.3tRp5.9t18.8x207.5x46.5x
Wed, 27 Mar 2024Rp795.2tRp25.5tRp6.0t17.7x131.7x31.2x
Fri, 23 Feb 2024Rp812.7tRp16.0tRp4.3t16.6x188.9x50.8x
Sun, 21 Jan 2024Rp749.8tRp16.0tRp4.3t16.3x174x46.8x
Tue, 19 Dec 2023Rp1022.0tRp15.9tRp4.3t16.3x239.3x64.2x
Thu, 16 Nov 2023Rp834.5tRp15.9tRp4.3t17.5x196.1x52.5x
Sat, 14 Oct 2023Rp324.6tRp16.1tRp4.0t23.2x80.6x20.2x
Mon, 11 Sep 2023Rp69.7tRp15.7tRp3.9t22.9x17.7x4.4x
Wed, 09 Aug 2023Rp52.5tRp15.6tRp3.9t16.2x13.4x3.4x
Fri, 07 Jul 2023Rp50.4tRp15.5tRp3.7t15.8x13.7x3.3x
Sun, 04 Jun 2023Rp52.1tRp15.0tRp3.4t19.8x15.3x3.5x
Tue, 02 May 2023Rp46.0tRp14.7tRp3.2t16.7x14.5x3.1x
Thu, 30 Mar 2023Rp43.7tRp14.9tRp3.3t15x13.2x2.9x
Sat, 25 Feb 2023Rp50.6tRp14.9tRp3.5t18.3x14.5x3.4x
Mon, 23 Jan 2023Rp14.1tRp9.0tRp1.5t18.7x9.4x1.6x
Price to Earnings Ratio

9.4x


Total Market Cap: Rp14.1tTotal Earnings: Rp1.5tTotal Revenue: Rp9.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 154.6x202420252026
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 243x which is higher than its 3-year average PE of 154x.
  • The industry's 3-year average PS ratio of 34.9x is exceeded by the industry's current PS ratio of 49.8x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 56% 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 Market1.13%
Utilities0.57%
Renewable Energy1.80%
Renewable Energy1.83%
Independent Power Producers and Energy Traders-0.86%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 200x.
    • Analysts are expecting annual earnings growth of 16.0%, 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 16% 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
BREN Barito Renewables EnergyRp9.70k1.6%
+Rp20.1t		1.3%PE539.2x
PGEO Pertamina Geothermal EnergyRp1.30k10.2%
+Rp5.0t		39.0%PE24.6x
HGII Hero Global InvestmentRp165.001.2%
+Rp13.0b		-14.5%PE46.5x

Latest News

HGII
Rp165.00
Hero Global Investment
7D
1.2%
1Y
-14.5%
MPOW
Rp126.00
Megapower Makmur
7D
-0.8%
1Y
20.0%
KEEN
Rp1,020.00
Kencana Energi Lestari
7D
-5.1%
1Y
64.5%
PGEO
Rp1,300.00
Pertamina Geothermal Energy
7D
10.2%
1Y
39.0%
BREN
Rp9,700.00
Barito Renewables Energy
7D
1.6%
1Y
1.3%
LAPD
Rp150.00
Leyand International
7D
-14.8%
1Y
581.8%