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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedMar 20, 2026
DataAggregated Company Financials
Companies8
  • 7D-10.9%
  • 3M-36.1%
  • 1Y6.6%
  • YTD-38.4%

Over the last 7 days, the Renewable Energy industry has dropped 11%, driven by a pullback from Barito Renewables Energy of 12%. In contrast, Arkora Hydro has gained 10%. This takes the industry's 12 month performance to a gain of 6.6%. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 20 Mar 2026Rp850.0tRp28.4tRp6.1t53.9x139.3x29.9x
Sun, 15 Feb 2026Rp1158.9tRp27.9tRp5.7t56.7x202.6x41.5x
Tue, 13 Jan 2026Rp1301.0tRp27.9tRp5.7t55.6x227x46.6x
Thu, 11 Dec 2025Rp1367.0tRp27.7tRp5.7t56.6x241x49.4x
Sat, 08 Nov 2025Rp1409.2tRp27.7tRp5.7t56.6x248.6x51x
Mon, 06 Oct 2025Rp1357.1tRp27.2tRp5.9t45.4x232x49.9x
Wed, 03 Sep 2025Rp1260.8tRp26.9tRp5.8t40.8x219.1x46.9x
Fri, 01 Aug 2025Rp1133.4tRp26.9tRp5.7t37.4x199.7x42.1x
Sun, 29 Jun 2025Rp845.0tRp26.4tRp5.8t26.4x146.4x32x
Tue, 27 May 2025Rp947.8tRp26.5tRp5.8t28.9x163.7x35.8x
Thu, 24 Apr 2025Rp869.5tRp27.4tRp6.2t28.2x140.4x31.7x
Sat, 22 Mar 2025Rp848.4tRp26.8tRp6.0t25x141.2x31.6x
Mon, 17 Feb 2025Rp876.7tRp26.4tRp5.9t28x149.2x33.2x
Wed, 15 Jan 2025Rp1346.2tRp26.4tRp5.9t29.9x228.9x50.9x
Fri, 13 Dec 2024Rp1196.8tRp25.8tRp5.7t15.3x208.8x46.3x
Sun, 10 Nov 2024Rp979.4tRp25.4tRp5.6t16.7x173.6x38.5x
Tue, 08 Oct 2024Rp966.9tRp25.3tRp5.4t18.1x179.9x38.2x
Thu, 05 Sep 2024Rp1434.5tRp25.0tRp5.3t18.2x270.3x57.4x
Sat, 03 Aug 2024Rp1230.1tRp26.2tRp5.7t19.2x217.1x47x
Mon, 01 Jul 2024Rp1412.7tRp26.4tRp5.6t18.4x250.8x53.5x
Wed, 29 May 2024Rp1573.3tRp26.0tRp5.6t19.8x283.5x60.4x
Fri, 26 Apr 2024Rp1133.3tRp26.2tRp5.9t19.2x193.3x43.3x
Sun, 24 Mar 2024Rp782.5tRp25.5tRp6.0t19.2x129.5x30.7x
Tue, 20 Feb 2024Rp803.0tRp16.0tRp4.3t16.7x186.2x50.1x
Thu, 18 Jan 2024Rp757.3tRp16.0tRp4.3t16.2x175.5x47.2x
Sat, 16 Dec 2023Rp1059.9tRp16.0tRp4.3t16.2x247.5x66.4x
Mon, 13 Nov 2023Rp765.8tRp16.1tRp4.3t16.5x177.7x47.5x
Wed, 11 Oct 2023Rp208.6tRp16.1tRp4.0t25.7x51.7x13x
Fri, 08 Sep 2023Rp70.5tRp15.7tRp3.9t22x17.9x4.5x
Sun, 06 Aug 2023Rp52.3tRp15.5tRp3.9t16x13.4x3.4x
Tue, 04 Jul 2023Rp51.3tRp15.4tRp3.7t16.5x14x3.3x
Thu, 01 Jun 2023Rp51.6tRp15.1tRp3.4t19.7x15.1x3.4x
Sat, 29 Apr 2023Rp46.0tRp14.6tRp3.2t16.7x14.5x3.1x
Mon, 27 Mar 2023Rp47.2tRp15.0tRp3.3t16.7x14.2x3.2x
Price to Earnings Ratio

14.2x


Total Market Cap: Rp47.2tTotal Earnings: Rp3.3tTotal Revenue: Rp15.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 165.6x202420252026
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 139x which is lower than its 3-year average PE of 166x.
  • The 3-year average PS ratio of 37.2x is higher than the industry's current PS ratio of 29.9x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 22% 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 Market-4.32%
Utilities-9.91%
Renewable Energy-10.91%
Independent Power Producers and Energy Traders-0.55%
Renewable Energy-11.04%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 213x.
    • Analysts are expecting annual earnings growth of 13.3%, which is higher than its past year's earnings decline of 14.2% 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 13% over the next 5 years.
  • This is better than its past earnings decline of 14% 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
ARKO Arkora HydroRp6.40k10.3%
+Rp1.8t		619.1%PE293.3x
LAPD Leyand InternationalRp92.004.5%
+Rp15.9b		360.0%PS1.4x

Latest News

HGII
Rp141.00
Hero Global Investment
7D
-1.4%
1Y
-19.9%
MPOW
Rp90.00
Megapower Makmur
7D
-3.2%
1Y
-11.8%
PGEO
Rp945.00
Pertamina Geothermal Energy
7D
-4.5%
1Y
25.2%
ARKO
Rp6,400.00
Arkora Hydro
7D
10.3%
1Y
619.1%
POWR
Rp720.00
Cikarang Listrindo
7D
-0.7%
1Y
11.6%
BREN
Rp5,800.00
Barito Renewables Energy
7D
-11.8%
1Y
3.6%
KEEN
Rp840.00
Kencana Energi Lestari
7D
-5.6%
1Y
34.4%
LAPD
Rp92.00
Leyand International
7D
4.5%
1Y
360.0%