How does PGEO's PE Ratio compare to its peers?

PGEO is good value based on its Price-To-Earnings Ratio (15.2x) compared to the peer average (26.8x).

How does PGEO's PE Ratio compare vs other companies in the Asian Renewable Energy Industry?

PGEO is expensive based on its Price-To-Earnings Ratio (15.2x) compared to the Asian Renewable Energy industry average (14.9x).

What is PGEO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PGEO is expensive based on its Price-To-Earnings Ratio (15.2x) compared to the estimated Fair Price-To-Earnings Ratio (12.1x).

What is the Fair Price of PGEO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

PGEO (IDR975) is trading above our estimate of [[fair value]] (IDR404.47)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

PGEO Stock Overview

Engages in the development of geothermal energy in the upstream and downstream sectors in Indonesia and internationally. More details

PGEO fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	4/6
Financial Health	5/6
Dividends	3/6

Rewards

Earnings grew by 9.8% over the past year

Risk Analysis

No risks detected for PGEO from our risk checks.

My Notes

Capture your thoughts, links and company narrative

PT Pertamina Geothermal Energy Tbk Competitors

PT. Arkora Hydro

IDX:ARKO

Rp2.8t

Kencana Energi Lestari

IDX:KEEN

Rp2.2t

Perusahaan Gas Negara

IDX:PGAS

Rp37.6t

Cikarang Listrindo

IDX:POWR

Rp10.9t

Price History & Performance

Summary of share price highs, lows and changes for Pertamina Geothermal Energy
Historical stock prices
Current Share Price	Rp975.00
52 Week High	Rp1,500.00
52 Week Low	Rp880.00
Beta	0
1 Month Change	-6.25%
3 Month Change	-12.56%
1 Year Change	-18.07%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	11.43%

Recent updates

Shareholder Returns

	PGEO	ID Renewable Energy	ID Market
7D	2.1%	3.3%	-4.8%
1Y	-18.1%	15.6%	2.7%

Return vs Industry: PGEO underperformed the ID Renewable Energy industry which returned 15.6% over the past year.

Return vs Market: PGEO underperformed the ID Market which returned 2.7% over the past year.

Price Volatility

Is PGEO's price volatile compared to industry and market?
PGEO volatility
PGEO Average Weekly Movement	4.0%
Renewable Energy Industry Average Movement	4.0%
Market Average Movement	5.5%
10% most volatile stocks in ID Market	12.9%
10% least volatile stocks in ID Market	2.4%

Stable Share Price: PGEO has not had significant price volatility in the past 3 months compared to the ID market.

Volatility Over Time: PGEO's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2006	534	Yulfi Hadi	www.pge.pertamina.com

PT Pertamina Geothermal Energy Tbk, together with its subsidiaries, engages in the development of geothermal energy in the upstream and downstream sectors in Indonesia and internationally. The company was founded in 2006 and is headquartered in Jakarta Pusat, Indonesia. PT Pertamina Geothermal Energy Tbk operates as a subsidiary of PT Pertamina Power Indonesia.

PT Pertamina Geothermal Energy Tbk Fundamentals Summary

How do Pertamina Geothermal Energy's earnings and revenue compare to its market cap?
PGEO fundamental statistics
Market cap	Rp40.47t
Earnings (TTM)	Rp2.66t
Revenue (TTM)	Rp6.54t

15.2x

P/E Ratio

6.2x

P/S Ratio

Is PGEO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PGEO income statement (TTM)
Revenue	US$404.11m
Cost of Revenue	US$184.96m
Gross Profit	US$219.15m
Other Expenses	US$55.07m
Earnings	US$164.08m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.004
Gross Margin	54.23%
Net Profit Margin	40.60%
Debt/Equity Ratio	37.5%

How did PGEO perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

78%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 19:04
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

PT Pertamina Geothermal Energy Tbk is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Chelene Indriani	CLSA
Wirandi Ng	CLSA
Timothy Wijaya	PT Bahana Securities