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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies8
  • 7D0.7%
  • 3M0.3%
  • 1Y9.6%
  • YTD0.9%

Over the last 7 days, the Renewable Energy industry has dropped 3.0%, driven by declines in Kencana Energi Lestari and Cikarang Listrindo of 2.3% and 0.7%, respectively. As for the longer term, the industry's performance has been flat for the past year. 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
Thu, 15 Jan 2026Rp1392.0tRp28.0tRp5.7t56.6x242.8x49.8x
Sat, 13 Dec 2025Rp1361.4tRp27.6tRp5.7t56.2x240.4x49.3x
Mon, 10 Nov 2025Rp1409.2tRp27.7tRp5.7t56.6x248.4x50.9x
Wed, 08 Oct 2025Rp1416.4tRp27.1tRp5.8t48x242.7x52.2x
Fri, 05 Sep 2025Rp1233.6tRp26.9tRp5.8t41.1x214x45.8x
Sun, 03 Aug 2025Rp1131.9tRp27.0tRp5.8t36.3x195.6x42x
Tue, 01 Jul 2025Rp845.0tRp26.5tRp5.8t26.9x146.2x31.9x
Thu, 29 May 2025Rp943.8tRp26.5tRp5.8t28.4x162.5x35.6x
Sat, 26 Apr 2025Rp858.6tRp27.3tRp6.2t28.7x139x31.4x
Mon, 24 Mar 2025Rp848.4tRp26.8tRp6.1t29.5x138.7x31.6x
Wed, 19 Feb 2025Rp966.5tRp26.5tRp5.9t28.8x164.3x36.5x
Fri, 17 Jan 2025Rp1337.0tRp26.6tRp5.9t28.6x225.8x50.3x
Sun, 15 Dec 2024Rp1196.4tRp25.9tRp5.8t15.1x207.8x46.1x
Tue, 12 Nov 2024Rp1045.4tRp25.4tRp5.6t16.4x185.1x41.1x
Thu, 10 Oct 2024Rp959.7tRp25.2tRp5.4t18.5x179.1x38x
Sat, 07 Sep 2024Rp1501.9tRp24.8tRp5.3t18.3x285.1x60.6x
Mon, 05 Aug 2024Rp1218.7tRp26.1tRp5.6t19.3x219.5x46.8x
Wed, 03 Jul 2024Rp1423.5tRp26.5tRp5.6t18.7x252.5x53.8x
Fri, 31 May 2024Rp1287.7tRp26.3tRp5.6t19.2x229.6x49x
Sun, 28 Apr 2024Rp1219.8tRp26.3tRp5.9t18.8x207.5x46.5x
Tue, 26 Mar 2024Rp788.8tRp25.5tRp6.0t19.1x130.6x31x
Thu, 22 Feb 2024Rp801.6tRp16.0tRp4.3t16.3x185.8x50x
Sat, 20 Jan 2024Rp749.8tRp16.0tRp4.3t16.3x174x46.8x
Mon, 18 Dec 2023Rp1059.9tRp16.0tRp4.3t16.2x247.2x66.3x
Wed, 15 Nov 2023Rp787.5tRp16.1tRp4.3t17.1x182.7x48.9x
Fri, 13 Oct 2023Rp274.5tRp16.1tRp4.0t23.4x68.2x17.1x
Sun, 10 Sep 2023Rp69.7tRp15.7tRp3.9t22.9x17.7x4.4x
Tue, 08 Aug 2023Rp51.6tRp15.6tRp3.9t15.7x13.2x3.3x
Thu, 06 Jul 2023Rp50.2tRp15.4tRp3.7t16.1x13.7x3.3x
Sat, 03 Jun 2023Rp52.4tRp15.0tRp3.4t19.9x15.5x3.5x
Mon, 01 May 2023Rp46.0tRp14.7tRp3.2t16.7x14.6x3.1x
Wed, 29 Mar 2023Rp43.1tRp14.9tRp3.3t14.7x13x2.9x
Fri, 24 Feb 2023Rp41.5tRp14.9tRp3.5t19x11.9x2.8x
Sun, 22 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 154.4x202420252026
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 232x which is higher than its 3-year average PE of 154x.
  • The industry's 3-year average PS ratio of 34.8x is exceeded by the industry's current PS ratio of 47.7x.
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 Market0.50%
Utilities-0.35%
Renewable Energy0.65%
Renewable Energy0.66%
Independent Power Producers and Energy Traders-0.66%
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 15.9%, 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 EnergyRp9.65k0.5%
+Rp6.7t		6.3%PE536.6x
PGEO Pertamina Geothermal EnergyRp1.26k5.0%
+Rp2.5t		36.2%PE23.9x
LAPD Leyand InternationalRp157.000.6%
+Rp4.0b		554.2%PS2.3x

Latest News

HGII
Rp161.00
Hero Global Investment
7D
-1.8%
1Y
-17.4%
POWR
Rp710.00
Cikarang Listrindo
7D
-0.7%
1Y
6.0%
MPOW
Rp124.00
Megapower Makmur
7D
-4.6%
1Y
17.0%
KEEN
Rp1,045.00
Kencana Energi Lestari
7D
-2.3%
1Y
68.5%
PGEO
Rp1,260.00
Pertamina Geothermal Energy
7D
5.0%
1Y
36.2%
BREN
Rp9,650.00
Barito Renewables Energy
7D
0.5%
1Y
6.3%
LAPD
Rp157.00
Leyand International
7D
0.6%
1Y
554.2%