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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedFeb 16, 2026
DataAggregated Company Financials
Companies8
  • 7D0.4%
  • 3M-15.7%
  • 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. 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
Mon, 16 Feb 2026Rp1158.9tRp27.9tRp5.7t56.7x202.6x41.5x
Wed, 14 Jan 2026Rp1332.0tRp27.9tRp5.7t55.6x232.5x47.7x
Fri, 12 Dec 2025Rp1342.9tRp27.6tRp5.7t55.2x237x48.6x
Sun, 09 Nov 2025Rp1409.2tRp27.7tRp5.7t56.6x248.4x50.9x
Tue, 07 Oct 2025Rp1416.2tRp27.2tRp5.9t45.7x241.8x52x
Thu, 04 Sep 2025Rp1229.9tRp27.0tRp5.8t41.4x213.3x45.6x
Sat, 02 Aug 2025Rp1133.4tRp27.0tRp5.8t36.2x195.6x42x
Mon, 30 Jun 2025Rp845.0tRp26.4tRp5.8t26.4x146.4x32x
Wed, 28 May 2025Rp954.3tRp26.5tRp5.8t28.6x164.5x36x
Fri, 25 Apr 2025Rp858.6tRp27.4tRp6.2t28.2x138.6x31.3x
Sun, 23 Mar 2025Rp848.4tRp26.8tRp6.1t29.5x138.8x31.7x
Tue, 18 Feb 2025Rp994.1tRp26.4tRp5.9t28.6x169.5x37.7x
Thu, 16 Jan 2025Rp1269.8tRp26.5tRp5.9t28.7x215.2x47.9x
Sat, 14 Dec 2024Rp1196.4tRp25.9tRp5.8t15.1x207.8x46.1x
Mon, 11 Nov 2024Rp979.4tRp25.4tRp5.6t16.7x173.6x38.5x
Wed, 09 Oct 2024Rp959.7tRp25.3tRp5.4t17.8x178.8x38x
Fri, 06 Sep 2024Rp1501.9tRp24.9tRp5.3t18.4x284.3x60.4x
Sun, 04 Aug 2024Rp1218.7tRp26.1tRp5.6t19.3x219.5x46.8x
Tue, 02 Jul 2024Rp1460.7tRp26.4tRp5.6t18.9x259.5x55.3x
Thu, 30 May 2024Rp1573.3tRp26.2tRp5.6t19.8x281.9x60.1x
Sat, 27 Apr 2024Rp1174.3tRp26.3tRp5.9t18.8x199.6x44.7x
Mon, 25 Mar 2024Rp782.5tRp25.5tRp6.0t19.2x129.5x30.7x
Wed, 21 Feb 2024Rp802.3tRp16.1tRp4.3t16.5x185.7x50x
Fri, 19 Jan 2024Rp823.8tRp16.0tRp4.3t16.3x191.1x51.4x
Sun, 17 Dec 2023Rp1059.9tRp16.0tRp4.3t16.2x247.2x66.3x
Tue, 14 Nov 2023Rp776.4tRp16.1tRp4.3t16.6x180x48.1x
Thu, 12 Oct 2023Rp240.7tRp16.1tRp4.0t25x59.8x15x
Sat, 09 Sep 2023Rp67.4tRp15.7tRp3.9t22.9x17.1x4.3x
Mon, 07 Aug 2023Rp51.9tRp15.5tRp3.9t16x13.3x3.3x
Wed, 05 Jul 2023Rp51.3tRp15.4tRp3.6t16x14.1x3.3x
Fri, 02 Jun 2023Rp52.4tRp15.0tRp3.4t19.8x15.5x3.5x
Sun, 30 Apr 2023Rp46.0tRp14.7tRp3.2t16.7x14.6x3.1x
Tue, 28 Mar 2023Rp45.0tRp15.0tRp3.3t15.6x13.6x3x
Thu, 23 Feb 2023Rp14.4tRp9.1tRp1.5t19.4x9.5x1.6x
Price to Earnings Ratio

9.5x


Total Market Cap: Rp14.4tTotal Earnings: Rp1.5tTotal Revenue: Rp9.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 160.6x202420252026
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 203x which is higher than its 3-year average PE of 161x.
  • 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 45% 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

Latest News

HGII
Rp149.00
Hero Global Investment
7D
3.5%
1Y
-24.0%
BREN
Rp8,000.00
Barito Renewables Energy
7D
-0.6%
1Y
13.9%
PGEO
Rp1,180.00
Pertamina Geothermal Energy
7D
4.9%
1Y
33.3%
ARKO
Rp7,725.00
PT. Arkora Hydro
7D
26.1%
1Y
735.1%
KEEN
Rp1,100.00
Kencana Energi Lestari
7D
6.8%
1Y
73.2%
MPOW
Rp106.00
Megapower Makmur
7D
-1.9%
1Y
2.9%
POWR
Rp700.00
Cikarang Listrindo
7D
0.7%
1Y
4.5%
LAPD
Rp129.00
Leyand International
7D
38.7%
1Y
416.0%