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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies8
  • 7D1.3%
  • 3M-12.5%
  • 1Y36.1%
  • YTD-13.9%

In the last week, the Renewable Energy industry is up 1.3%, with Cikarang Listrindo up 5.7%. This means that the industry has gained 36% over the past year. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 04 Mar 2026Rp1187.3tRp27.8tRp5.7t55.4x208.2x42.7x
Fri, 30 Jan 2026Rp1247.8tRp27.8tRp5.7t54.7x218.8x44.9x
Sun, 28 Dec 2025Rp1322.6tRp27.8tRp5.7t54.6x232.1x47.6x
Tue, 25 Nov 2025Rp1431.7tRp27.7tRp5.7t60x252.5x51.8x
Thu, 23 Oct 2025Rp1293.0tRp27.2tRp5.8t51x221x47.5x
Sat, 20 Sep 2025Rp1287.1tRp27.2tRp5.8t41x220x47.3x
Mon, 18 Aug 2025Rp1252.2tRp26.5tRp5.7t40.3x221x47.3x
Wed, 16 Jul 2025Rp1122.4tRp26.5tRp5.8t28.3x193.9x42.4x
Fri, 13 Jun 2025Rp942.7tRp26.4tRp5.8t28x163.1x35.7x
Sun, 11 May 2025Rp860.2tRp26.9tRp5.9t25.8x146.1x32x
Tue, 08 Apr 2025Rp786.1tRp26.9tRp6.1t26.5x129.3x29.2x
Thu, 06 Mar 2025Rp868.8tRp26.5tRp5.9t26.3x146.3x32.8x
Sat, 01 Feb 2025Rp1264.3tRp26.5tRp5.9t29.3x214.6x47.7x
Mon, 30 Dec 2024Rp1286.4tRp26.3tRp5.8t14.8x220.1x48.9x
Wed, 27 Nov 2024Rp955.1tRp25.8tRp5.7t16.1x166.5x37x
Fri, 25 Oct 2024Rp1077.9tRp25.1tRp5.3t18x201.9x42.9x
Sun, 22 Sep 2024Rp1243.6tRp24.5tRp5.2t18.3x239.4x50.8x
Tue, 20 Aug 2024Rp1298.1tRp25.1tRp5.3t19.4x243.5x51.7x
Thu, 18 Jul 2024Rp1108.8tRp26.0tRp5.5t19.8x200x42.6x
Sat, 15 Jun 2024Rp1134.8tRp26.5tRp5.6t16.3x201.1x42.8x
Mon, 13 May 2024Rp1361.7tRp26.0tRp5.5t20.7x246x52.4x
Wed, 10 Apr 2024Rp992.5tRp25.7tRp5.7t19x172.9x38.7x
Fri, 08 Mar 2024Rp869.7tRp16.0tRp4.3t15.7x201.1x54.5x
Sun, 04 Feb 2024Rp731.9tRp16.1tRp4.3t16.4x169.4x45.6x
Tue, 02 Jan 2024Rp1064.8tRp15.8tRp4.2t16.2x250.9x67.4x
Thu, 30 Nov 2023Rp877.3tRp15.9tRp4.2t14.9x206.4x55.3x
Sat, 28 Oct 2023Rp579.5tRp16.3tRp4.1t23.7x142.1x35.6x
Mon, 25 Sep 2023Rp83.5tRp15.7tRp3.9t25.7x21.2x5.3x
Wed, 23 Aug 2023Rp60.5tRp15.7tRp3.9t19x15.4x3.8x
Fri, 21 Jul 2023Rp47.2tRp15.3tRp3.6t14.4x13x3.1x
Sun, 18 Jun 2023Rp49.8tRp15.3tRp3.6t16.3x13.7x3.3x
Tue, 16 May 2023Rp48.4tRp14.9tRp3.4t18.4x14.4x3.2x
Thu, 13 Apr 2023Rp42.5tRp14.8tRp3.2t15x13.2x2.9x
Sat, 11 Mar 2023Rp49.8tRp15.3tRp3.4t17.7x14.7x3.3x
Price to Earnings Ratio

14.7x


Total Market Cap: Rp49.8tTotal Earnings: Rp3.4tTotal Revenue: Rp15.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 163.4x202420252026
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 208x which is higher than its 3-year average PE of 163x.
  • The industry's 3-year average PS ratio of 36.7x is exceeded by the industry's current PS ratio of 42.7x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 22% 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-0.88%
Utilities0.67%
Renewable Energy1.33%
Independent Power Producers and Energy Traders6.46%
Renewable Energy1.28%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 210x.
    • Analysts are expecting annual earnings growth of 14.1%, 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 Renewable Energy industry, expecting annual earnings growth of 14% 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
POWR Cikarang ListrindoRp745.004.9%
+Rp554.0b		13.7%PE9.7x
MPOW Megapower MakmurRp129.0021.7%
+Rp18.8b		40.2%PS3.4x

Latest News

ARKO
Rp7,000.00
PT. Arkora Hydro
7D
-28.8%
1Y
686.5%
POWR
Rp745.00
Cikarang Listrindo
7D
4.9%
1Y
13.7%
HGII
Rp145.00
Hero Global Investment
7D
-2.0%
1Y
-17.1%
BREN
Rp7,575.00
Barito Renewables Energy
7D
-4.7%
1Y
24.7%
PGEO
Rp1,090.00
Pertamina Geothermal Energy
7D
-1.8%
1Y
27.5%
KEEN
Rp1,010.00
Kencana Energi Lestari
7D
-6.0%
1Y
62.9%
MPOW
Rp129.00
Megapower Makmur
7D
21.7%
1Y
40.2%
LAPD
Rp101.00
Leyand International
7D
-12.9%
1Y
320.8%