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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedNov 07, 2025
DataAggregated Company Financials
Companies8
  • 7D14.1%
  • 3M22.0%
  • 1Y62.5%
  • YTD5.9%

In the last week, the Renewable Energy industry is up 11%, with Barito Renewables Energy up 15%. This means that the industry has gained 51% over the past year. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Thu, 19 Jan 2023Rp14.3tRp9.0tRp1.5t19.5x9.5x1.6x
Sat, 17 Dec 2022Rp14.8tRp9.3tRp1.6t22.1x9.5x1.6x
Mon, 14 Nov 2022Rp15.5tRp9.3tRp1.5t18.9x10.4x1.7x
Price to Earnings Ratio

10.4x


Total Market Cap: Rp15.5tTotal Earnings: Rp1.5tTotal Revenue: Rp9.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 139.9x202320242025
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 243x which is higher than its 3-year average PE of 140x.
  • The industry's 3-year average PS ratio of 31.8x is exceeded by the industry's current PS ratio of 49.7x.
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 44% 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 Market2.16%
Utilities12.10%
Renewable Energy14.12%
Renewable Energy14.28%
Independent Power Producers and Energy Traders-1.46%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 182x.
    • Analysts are expecting annual earnings growth of 15.8%, 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 9.2x.
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 EnergyRp9.93k15.1%
+Rp173.9t		65.4%PE557.7x
KEEN Kencana Energi LestariRp1.08k6.9%
+Rp256.6b		67.4%PE70.8x
ARKO PT. Arkora HydroRp1.62k4.2%
+Rp190.4b		59.6%PE97x
HGII Hero Global InvestmentRp160.001.3%
+Rp13.0b		n/aPE45.1x

Latest News

ARKO
Rp1,620.00
PT. Arkora Hydro
7D
4.2%
1Y
59.6%
KEEN
Rp1,080.00
Kencana Energi Lestari
7D
6.9%
1Y
67.4%
PGEO
Rp1,275.00
Pertamina Geothermal Energy
7D
-1.2%
1Y
23.8%
BREN
Rp9,925.00
Barito Renewables Energy
7D
15.1%
1Y
65.4%
HGII
Rp160.00
Hero Global Investment
7D
1.3%
1Y
n/a
MPOW
Rp116.00
Megapower Makmur
7D
-1.7%
1Y
22.1%
LAPD
Rp166.00
Leyand International
7D
-21.0%
1Y
1,176.9%