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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedApr 26, 2026
DataAggregated Company Financials
Companies8
  • 7D-27.3%
  • 3M-47.6%
  • 1Y-18.1%
  • YTD-48.9%

Over the last 7 days, the Renewable Energy industry has dropped 27%, driven by Barito Renewables Energy declining 30%. On the other hand Arkora Hydro is actually up 24%. The industry has fallen 18% in the last year. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 Apr 2026Rp705.2tRp28.8tRp6.1t39.4x115.5x24.5x
Tue, 24 Mar 2026Rp850.0tRp28.3tRp5.9t53.9x143.4x30x
Thu, 19 Feb 2026Rp1187.7tRp28.0tRp5.7t57.7x207x42.4x
Sat, 17 Jan 2026Rp1400.2tRp28.0tRp5.7t56.3x243.9x50x
Mon, 15 Dec 2025Rp1361.4tRp27.6tRp5.7t56.2x240.6x49.3x
Wed, 12 Nov 2025Rp1414.8tRp27.7tRp5.7t56.6x249.1x51.1x
Fri, 10 Oct 2025Rp1402.6tRp27.1tRp5.8t47.3x240.8x51.8x
Sun, 07 Sep 2025Rp1233.6tRp26.9tRp5.8t41.2x214.4x45.9x
Tue, 05 Aug 2025Rp1048.5tRp26.8tRp5.7t35.1x182.5x39.1x
Thu, 03 Jul 2025Rp853.0tRp26.4tRp5.8t26.4x147.8x32.3x
Sat, 31 May 2025Rp943.7tRp26.5tRp5.8t28.4x162.5x35.6x
Mon, 28 Apr 2025Rp860.7tRp27.3tRp6.2t28.7x139.3x31.5x
Wed, 26 Mar 2025Rp734.5tRp27.0tRp6.2t29x119.3x27.2x
Fri, 21 Feb 2025Rp952.5tRp26.5tRp5.9t29.6x161.3x35.9x
Sun, 19 Jan 2025Rp1370.0tRp26.6tRp5.9t28.6x231.6x51.5x
Tue, 17 Dec 2024Rp1182.3tRp25.9tRp5.8t14.8x205.3x45.6x
Thu, 14 Nov 2024Rp1048.0tRp25.6tRp5.7t17.3x184.6x41x
Sat, 12 Oct 2024Rp938.3tRp25.2tRp5.3t18.9x175.6x37.3x
Mon, 09 Sep 2024Rp1508.3tRp24.8tRp5.3t18.3x286.3x60.8x
Wed, 07 Aug 2024Rp1123.0tRp26.1tRp5.5t19.1x202.5x43x
Fri, 05 Jul 2024Rp1456.8tRp26.4tRp5.6t18.6x259.2x55.2x
Sun, 02 Jun 2024Rp1165.1tRp26.3tRp5.6t18.4x207.9x44.3x
Tue, 30 Apr 2024Rp1219.8tRp26.3tRp5.9t18.9x207.2x46.4x
Thu, 28 Mar 2024Rp795.1tRp25.6tRp6.1t15.9x130.9x31x
Sat, 24 Feb 2024Rp812.7tRp16.0tRp4.3t16.7x188.8x50.8x
Mon, 22 Jan 2024Rp749.8tRp16.0tRp4.3t16.3x174x46.8x
Wed, 20 Dec 2023Rp1046.6tRp15.9tRp4.3t16.3x244.8x65.7x
Fri, 17 Nov 2023Rp834.5tRp16.0tRp4.3t17.4x194.8x52.1x
Sun, 15 Oct 2023Rp387.1tRp16.1tRp4.0t23.2x96.2x24.1x
Tue, 12 Sep 2023Rp65.8tRp15.7tRp3.9t21.2x16.7x4.2x
Thu, 10 Aug 2023Rp52.9tRp15.6tRp3.9t16.7x13.6x3.4x
Sat, 08 Jul 2023Rp50.4tRp15.5tRp3.7t15.6x13.7x3.3x
Mon, 05 Jun 2023Rp52.1tRp15.0tRp3.4t19.8x15.3x3.5x
Wed, 03 May 2023Rp46.0tRp14.7tRp3.2t16.7x14.5x3.1x
Price to Earnings Ratio

14.5x


Total Market Cap: Rp46.0tTotal Earnings: Rp3.2tTotal Revenue: Rp14.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 169.9x202420252026
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 116x which is lower than its 3-year average PE of 170x.
  • The 3-year average PS ratio of 38.1x is higher than the industry's current PS ratio of 24.6x.
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-7.32%
Utilities-24.73%
Renewable Energy-27.25%
Independent Power Producers and Energy Traders-0.27%
Renewable Energy-27.59%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 218x.
    • Analysts are expecting annual earnings growth of 11.9%, 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 HydroRp9.90k23.8%
+Rp5.6t
987.9%PE453.7x
KEEN Kencana Energi LestariRp935.005.6%
+Rp183.3b
23.0%PE25.6x

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