Alternative Energy

Indonesia / Energy /  Alternative Energy

The Alternative Energy subsector on the Indonesia Stock Exchange consists of various industries, including Alternative Energy Equipment. This subsector plays a major role in Indonesia's market due to the country's commitment to reducing its reliance on fossil fuels and promoting renewable energy sources. With its abundant natural resources and growing energy demand, Indonesia has significant potential for alternative energy development. At this moment, this sub-sector seems to be experiencing a bullish trend, with a total market cap growth of around 21% over the past 365 days. It appears that 1 companies in this sub-sector might have seen a positive market cap change, while around 1 companies could have experienced a negative market cap change. Notable companies in this subsector, based on market capitalization, include PT Semacom Integrated Tbk and PT Sky Energy Indonesia Tbk.

P/E Value

The Alternative Energy sub-sector is typically considered cyclical, with historical P/E values fluctuating between moderate and high levels. The current lower P/E values compared to last year can be attributed to factors such as decreased demand for alternative energy sources, increased competition, and regulatory uncertainties. It is worth noting that no companies in the ...

14.51

Price to Earnings

Alternative Energy Sector P/E
14.51
The Price-to-Earnings (P/E) ratio is a key tool for investors and analysts to assess whether a stock is overvalued, undervalued, or fairly valued. The P/E ratio is calculated by dividing the market price of a company's stock by its earnings per share (EPS).
Alternative Energy Weighted Sector P/E
14.51
The weighted average P/E ratio is a measure of the average P/E ratio of the companies in the sector, weighted by market capitalization.
Indonesia Stocks Avg. P/E
8.22

Resilience & Health Index

The Alternative Energy sub-sector, ranked 20th based on price changes in the last 30 days, has underperformed compared to the IDX average. This could be due to factors such as regulatory hurdles, high initial investment costs, and limited government support. The lack of new listings this month and absence of positive price changes in the two existing companies may indicate ...

8.4

Sector Health Score

Alternative Energy Sector Max Drawdown
-0.19
The maximum drawdown is the maximum loss from a peak to a trough of a portfolio, before a new peak is attained. Maximum Drawdown (MDD) is an indicator of downside risk over a specified time period.
Indonesia Stocks Avg. Max Drawdown
-0.26
Alternative Energy RSD (Close)
0.13
The RSD (Close) is a measure of the volatility of a stock's daily price change. It is calculated as the standard deviation of each day's logarithmic returns summed over the past 90 days.
Indonesia Stocks Avg. RSD (Close)
0.14

Sector Growth Index

The Alternative Energy sub-sector in Indonesia has shown significant growth in the past year, with a 71.19% increase in average YoY earnings and a 197.75% increase in average YoY revenue. This has positioned the sub-sector at 10th place ...

8.7

Sector Growth Score

Trailing 3Y Alternative Energy Sector Growth
-3.99%
This uses geometric mean to compute a measure of the sector's revenue growth over the last 3 years.
Alternative Energy Current Revenue Growth
197.75%
The change in revenue this quarter compared to the same period a year ago.
Alternative Energy Current Earnings Growth
71.19%
The change in earnings per share (EPS) this quarter compared to the same period a year ago.
Alternative Energy 1Y Market Cap Growth
+20.01%
The change in market capitalization relative to the same period a year ago.
Alternative Energy Recent Performance
76th
Recent growth beats 76% of all sectors in Indonesia.

Top Companies

Most profitable companies in Alternative Energy

Company

Profit (billion)

Key Figures

Alternative Energy companies on IDX

2

Total Market Cap. (IDR, billion)

IDR 291.61B

0.00% of total market cap. on IDX
Range of P/E Value

15 - 15

Average of 14.5 P/E
Sector CAGR
High Growth

> 200%

Compound Annual Revenue Growth of 197.75%

Alternative Energy Sector Performance

IDR 0.29T

Sector Market Cap. (IDR, trillion)
  1. Last 4 Quaters

  2. Prev 4 Quarters

Sector Composition

Sector Valuation

Historical valuation of companies in Alternative Energy
More than 5% deviation of median from the last 3 years
Within 5% deviation of median of last 3 years
TTM: Trailing Twelve Months (TTM)
Metric202020212022Current (TTM)
Price/Equity66.93-2.9318.0614.51Lower than average of last 3 years
Price/Book2.011.331.511.32Lower than average of last 3 years
Price/Sales2.331.441.360.99Lower than average of last 3 years
Price/Cash Flow-14.25-13.42-4.45-17.21Higher than average of last 3 years

Executive Summary

Sector Performance

1W

+1.9%

1Y

+20.0%

YTD

+13.7%

Trailing 12 Months

Overall +20.0%

−0.10−0.050.050.100.15

Positive

Neutral (Within <2.5%)

Negative

Sector Percentile

76%

35
55
75
0
100

This sector has a return that beats 76% of all sectors on the Indonesia Stock Exchange over the past 12 months.

Sector Stabillity

86%

35
55
75
0
100

This sector is comparably stable, with a RSD (Relative Standard Deviation) of 13%. Companies on IDX have an average RSD of 12%. This gives the sector a score of 86%.

RSD (Relative Standard Deviation)
86%
The relative standard deviation, caluclated from the S.D of the sector's returns.
Max Drawdown
-18.91%
The maximum loss from a peak to a trough during a specific period (TTM).

This past month

Over the last month, stocks in the Alternative Energy sector has remained flat, although notably PT Semacom Integrated Tbk0

Current quarter

This quarter, the sector has seen an average revenue growth of 197.75% compared to the same quarter last year.
When it comes to earnings, the sector has seen an average growth of 71.19% compared to the same quarter in 2023. Much of this growth is driven by the following companies:
SEMA.JK(+197.7%).

Last 12 Months

Companies in the Alternative Energy sector have seen a +20.0% change in market cap over the last 12 months. This signifies a sector that is growing rapidly, with investors anticipating a sustained period of growth.

Most of the last 12 months in the Alternative Energy sector has been positive with September (+16.8%), January (+7.4%) and February (+6.4%) being the best performing months.

Sector Valuation

Has the Alternative Energy sector valuation in Indonesia changed over the past 12 months?

Price to Earnings Ratio

  • The Alternative Energy sector is trading at a median PE ratio of 14.51x, which is lower than its 3-year historical average PE of 14.51x. This puts the sector in the overvalued category based on its historical valuation.
  • Companies in the Alternative Energy have a narrow range of PE ratio, going between 15x to 15x.This means that the sector is trading at a relatively consistent valuation across the board, and that the underlying companies are trading at similar valuations.
  • To add some perspective across the value disparity, among the top gainers in the last month, PT Semacom Integrated Tbk commands a premium with a PE ratio of 14.51 while PT Semacom Integrated Tbk is trading at a PE ratio of only 14.51.
  • When weighted by market cap, the Alternative Energy sector is trading at a PE ratio of 14.51x as compared to the unweighted PE ratio of 14.51x. The unweighted sector median is a significant premium (1.8x) to the overall IDX median of 8.22x.
  • The Alternative Energy sector is trading at a PE ratio (14.51) that represents a substantial discount to its historical average (27.36).

Sector Gainers

SEMA Logo
PT Semacom Integrated Tbk
SEMA.JK
Last Trading Day

IDR 138.00

1 Month

0.00%

1 Year

+89.04%

P/E Ratio

14.51

JSKY Logo
PT Sky Energy Indonesia Tbk.
JSKY.JK
Last Trading Day

IDR 52.00

1 Month

0.00%

1 Year

0.00%