PT. Indika Energy Tbk Stocks

IDR 3760Last Updated 27.04.2026

Issuer Rating

4/7
Performance

Average

Risk

Moderate

Recommendation

Hold

Market Cap

IDR 1.15B

Buy
Review
Evaluation
Target price
Dynamics
Performance
Growth
Dividends
Risks
IDR 3760
Key Takeaways

Risk factor

High price volatility

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Data is available to registered users only

Profitability factor

Very weak growth

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

PT. Indika Energy Tbk, together with its subsidiaries, operates as an integrated energy company in Indonesia. The company operates through Energy Resources, Energy Services, Energy Infrastructure, and Other Portfolio Holdings segments. It produces coal; and undertakes surface coal mining at a 50,921 hectares concession in Paser Regency, East Kalimantan, Indonesia. The company also provides mining, engineering, procurement, construction, and offshore supply base services in the coal, and oil and gas sectors; operation, maintenance, and logistics services; and owns and operates 660 megawatt coal-fired power plant in Cirebon, West Java. In addition, it offers logistic and support services, including supply chain business process solution, warehousing and inventory management, transportation, port operation, and related services; ship docking integrated operations, management, logistics, maintenance, and portside services. Further, the company is involved in the investment, general trading, marketing, financing, coal and mineral trading, contracting, development, construction, real estate and trading, agriculture, printing, and workshop activities; and provision of renewable energy, EV mobility, nature-based solutions, as well as consultancy services for construction, industry, and infrastructure. Additionally, it provides transportation management, business and management consultancy, gold mining, information and communication, manpower, travelling agency, insurance, vehicle repair maintenance, rental and lease, waste management, and digital technology services, as well as professional, scientific, and technical services. The company was founded in 2000 and is headquartered in Jakarta, Indonesia.

Company Valuation

Fairly valued
4/7

From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITD.

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Target Price

Slightly negative
3/7

The average target price of INDY.JK is 2450 and suggests 35% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
    Data is available to registered users only
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