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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedFeb 14, 2026
DataAggregated Company Financials
Companies8
  • 7D0.4%
  • 3M-15.8%
  • 1Y32.2%
  • YTD-16.0%

The Renewable Energy is pretty flat in the last 7 days, but PT. Arkora Hydro has stood out, gaining 26%. As for the the longer term, the industry is up 32% over the past 12 months. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 14 Feb 2026Rp1158.9tRp27.9tRp5.7t56.7x202.6x41.5x
Mon, 12 Jan 2026Rp1366.0tRp27.9tRp5.7t56.7x238.8x49x
Wed, 10 Dec 2025Rp1360.2tRp27.6tRp5.7t56.4x240x49.2x
Fri, 07 Nov 2025Rp1402.7tRp27.7tRp5.7t57.9x247.3x50.7x
Sun, 05 Oct 2025Rp1357.1tRp27.2tRp5.9t45.4x232x49.9x
Tue, 02 Sep 2025Rp1275.2tRp26.9tRp5.8t40.4x221.5x47.4x
Thu, 31 Jul 2025Rp1135.5tRp26.7tRp5.8t37x195.1x42.6x
Sat, 28 Jun 2025Rp845.0tRp26.4tRp5.8t26.4x146.4x32x
Mon, 26 May 2025Rp963.9tRp26.4tRp5.8t28.7x166.7x36.5x
Wed, 23 Apr 2025Rp801.8tRp27.4tRp6.2t27.7x129.6x29.3x
Fri, 21 Mar 2025Rp797.0tRp26.8tRp6.0t25.3x132.9x29.8x
Sun, 16 Feb 2025Rp876.7tRp26.4tRp5.9t28x149.2x33.2x
Tue, 14 Jan 2025Rp1396.3tRp26.5tRp5.9t28.6x237.2x52.8x
Thu, 12 Dec 2024Rp1180.2tRp25.8tRp5.7t15.3x206x45.7x
Sat, 09 Nov 2024Rp979.2tRp25.4tRp5.6t16.7x173.6x38.5x
Mon, 07 Oct 2024Rp994.1tRp25.0tRp5.3t18.4x187.2x39.8x
Wed, 04 Sep 2024Rp1434.5tRp25.1tRp5.3t18.1x269.5x57.3x
Fri, 02 Aug 2024Rp1228.1tRp26.2tRp5.7t19.7x216.7x46.9x
Sun, 30 Jun 2024Rp1412.7tRp26.4tRp5.6t18.4x250.8x53.5x
Tue, 28 May 2024Rp1573.3tRp26.0tRp5.5t19.4x283.9x60.5x
Thu, 25 Apr 2024Rp1043.2tRp26.2tRp5.9t18.8x178x39.9x
Sat, 23 Mar 2024Rp782.4tRp16.1tRp4.4t15.3x179.5x48.5x
Mon, 19 Feb 2024Rp799.5tRp16.0tRp4.3t16.6x185.5x49.9x
Wed, 17 Jan 2024Rp720.7tRp16.0tRp4.3t16.3x167.5x45.1x
Fri, 15 Dec 2023Rp1030.6tRp15.8tRp4.3t16.2x242.2x65x
Sun, 12 Nov 2023Rp766.0tRp16.1tRp4.3t16.5x177.8x47.6x
Tue, 10 Oct 2023Rp184.3tRp16.1tRp4.0t25.7x45.8x11.5x
Thu, 07 Sep 2023Rp70.5tRp15.7tRp3.9t23.4x17.9x4.5x
Sat, 05 Aug 2023Rp52.6tRp15.5tRp3.9t15.9x13.5x3.4x
Mon, 03 Jul 2023Rp51.8tRp15.4tRp3.6t16.9x14.2x3.4x
Wed, 31 May 2023Rp51.6tRp15.1tRp3.4t19.2x15.1x3.4x
Fri, 28 Apr 2023Rp46.0tRp14.7tRp3.2t16.8x14.5x3.1x
Sun, 26 Mar 2023Rp47.2tRp15.0tRp3.3t16.7x14.2x3.2x
Tue, 21 Feb 2023Rp14.7tRp9.0tRp1.5t19.8x9.7x1.6x
Price to Earnings Ratio

9.7x


Total Market Cap: Rp14.7tTotal Earnings: Rp1.5tTotal Revenue: Rp9.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 160.3x202420252026
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 203x which is higher than its 3-year average PE of 160x.
  • The industry's 3-year average PS ratio of 36.1x is exceeded by the industry's current PS ratio of 41.5x.
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 Market3.58%
Utilities1.34%
Renewable Energy0.36%
Independent Power Producers and Energy Traders1.94%
Renewable Energy0.34%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 207x.
    • Analysts are expecting annual earnings growth of 12.6%, 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 9.6x.
Forecasted Growth
  • Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 13% 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 PT. Arkora HydroRp7.73k26.1%
+Rp4.7t
735.1%PE462.4x
PGEO Pertamina Geothermal EnergyRp1.18k4.9%
+Rp2.3t
33.3%PE22.4x
KEEN Kencana Energi LestariRp1.10k6.8%
+Rp256.6b
73.2%PE71.5x
LAPD Leyand InternationalRp129.0038.7%
+Rp142.8b
416.0%PS1.9x
POWR Cikarang ListrindoRp700.000.7%
+Rp79.1b
4.5%PE11x

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