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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedApr 20, 2026
DataAggregated Company Financials
Companies8
  • 7D12.7%
  • 3M-30.0%
  • 1Y20.9%
  • YTD-29.7%

The Renewable Energy industry is up 13% in the last week, with Barito Renewables Energy up 8.6%. In the last 12 months, the industry was up 21%. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 20 Apr 2026Rp969.4tRp28.6tRp6.1t39.2x159.9x33.9x
Wed, 18 Mar 2026Rp850.0tRp28.4tRp6.1t46.9x139.1x29.9x
Fri, 13 Feb 2026Rp1185.9tRp27.9tRp5.7t56.2x207.5x42.5x
Sun, 11 Jan 2026Rp1366.0tRp27.9tRp5.7t56.7x238.8x49x
Tue, 09 Dec 2025Rp1371.6tRp27.7tRp5.7t57.5x241.7x49.6x
Thu, 06 Nov 2025Rp1378.7tRp27.7tRp5.7t54.7x242.7x49.7x
Sat, 04 Oct 2025Rp1305.0tRp27.1tRp5.8t45.4x223.8x48.1x
Mon, 01 Sep 2025Rp1287.4tRp27.0tRp5.8t40.4x223.1x47.7x
Wed, 30 Jul 2025Rp1154.2tRp26.7tRp5.8t38.4x198.2x43.2x
Fri, 27 Jun 2025Rp844.7tRp26.4tRp5.8t26.4x146.2x31.9x
Sun, 25 May 2025Rp963.9tRp26.4tRp5.8t28.7x166.7x36.5x
Tue, 22 Apr 2025Rp801.8tRp27.3tRp6.2t27.5x130.1x29.4x
Thu, 20 Mar 2025Rp756.7tRp26.8tRp6.0t25x125.8x28.2x
Sat, 15 Feb 2025Rp876.7tRp26.4tRp5.9t28x149.2x33.2x
Mon, 13 Jan 2025Rp1453.1tRp26.3tRp5.9t28.5x248.3x55.2x
Wed, 11 Dec 2024Rp1187.2tRp25.7tRp5.7t15.5x207.9x46.1x
Fri, 08 Nov 2024Rp862.1tRp25.5tRp5.7t16.6x152.2x33.8x
Sun, 06 Oct 2024Rp994.1tRp25.0tRp5.3t18.4x187.2x39.8x
Tue, 03 Sep 2024Rp1502.1tRp25.1tRp5.3t18.3x282.2x59.9x
Thu, 01 Aug 2024Rp1228.1tRp26.2tRp5.6t20.1x217.4x46.8x
Sat, 29 Jun 2024Rp1376.2tRp26.4tRp5.6t18.4x244.6x52.1x
Mon, 27 May 2024Rp1573.3tRp25.9tRp5.5t19.9x285.2x60.8x
Wed, 24 Apr 2024Rp1086.5tRp26.2tRp5.9t18.9x184.9x41.4x
Fri, 22 Mar 2024Rp782.6tRp16.0tRp4.3t15.6x181.5x49x
Sun, 18 Feb 2024Rp799.5tRp16.0tRp4.3t16.6x185.5x49.9x
Tue, 16 Jan 2024Rp659.6tRp16.0tRp4.3t16.4x153.6x41.3x
Thu, 14 Dec 2023Rp1079.8tRp16.0tRp4.3t15.9x250.8x67.3x
Sat, 11 Nov 2023Rp767.4tRp16.1tRp4.3t16.5x178.1x47.7x
Mon, 09 Oct 2023Rp187.9tRp16.0tRp4.0t25.7x46.8x11.7x
Wed, 06 Sep 2023Rp70.6tRp15.6tRp3.9t23.5x18x4.5x
Fri, 04 Aug 2023Rp52.7tRp15.6tRp3.9t16x13.5x3.4x
Sun, 02 Jul 2023Rp51.8tRp15.4tRp3.6t16.9x14.2x3.4x
Tue, 30 May 2023Rp50.2tRp15.1tRp3.4t18.7x14.7x3.3x
Thu, 27 Apr 2023Rp45.9tRp14.8tRp3.2t16.8x14.4x3.1x
Price to Earnings Ratio

14.4x


Total Market Cap: Rp45.9tTotal Earnings: Rp3.2tTotal Revenue: Rp14.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 169.2x202420252026
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 Market3.32%
Utilities12.71%
Renewable Energy12.74%
Renewable Energy12.92%
Independent Power Producers and Energy Traders0.17%
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

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