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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies8
  • 7D8.2%
  • 3M-29.7%
  • 1Y21.0%
  • YTD-29.7%

Over the last 7 days, the Renewable Energy industry has risen 13%, driven by gains from Barito Renewables Energy of 8.6%. In the last 12 months, the industry was up 21%. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026Rp970.0tRp28.6tRp6.1t39.1x159.9x34x
Thu, 19 Mar 2026Rp850.0tRp28.4tRp6.1t53.9x139.5x29.9x
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
Price to Earnings Ratio

14.5x


Total Market Cap: Rp46.0tTotal Earnings: Rp3.2tTotal Revenue: Rp14.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 169.3x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Renewable Energy industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 160x which is lower than its 3-year average PE of 169x.
  • The industry's 3-year average PS ratio of 37.9x is higher than the industry's current PS ratio of 33.9x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 24% per year over the last three years.
  • Revenues for these companies have grown 24% 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 Market1.38%
Utilities6.95%
Renewable Energy8.24%
Renewable Energy8.34%
Independent Power Producers and Energy Traders1.15%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry, which is trading close to its 3-year average PE ratio of 218x.
    • Analysts are expecting annual earnings growth of 11.9%, which is higher than its past year's earnings growth of 8.3% per year.
  • Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading close to its 3-year average of 9.6x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings growth rate of 8.3% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 8.7% 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 EnergyRp6.60k8.6%
+Rp70.2t		17.9%PE389.3x
ARKO Arkora HydroRp9.30k19.2%
+Rp4.4t		922.0%PE426.2x
KEEN Kencana Energi LestariRp890.005.3%
+Rp165.0b		25.4%PE24.5x
POWR Cikarang ListrindoRp740.001.4%
+Rp158.5b		9.6%PE9.5x
MPOW Megapower MakmurRp108.003.8%
+Rp3.3b		25.6%PS2.6x

Latest News

HGII
Rp141.00
Hero Global Investment
7D
-2.1%
1Y
-19.9%
LAPD
Rp78.00
Leyand International
7D
-7.1%
1Y
333.3%
KEEN
Rp890.00
Kencana Energi Lestari
7D
5.3%
1Y
25.4%
MPOW
Rp108.00
Megapower Makmur
7D
3.8%
1Y
25.6%
POWR
Rp740.00
Cikarang Listrindo
7D
1.4%
1Y
9.6%
BREN
Rp6,600.00
Barito Renewables Energy
7D
8.6%
1Y
17.9%
PGEO
Rp1,040.00
Pertamina Geothermal Energy
7D
-2.3%
1Y
22.4%
ARKO
Rp9,300.00
Arkora Hydro
7D
19.2%
1Y
922.0%