ARKO.JK
SinkerPT Arkora Hydro Tbk · Utilities · Indonesia · $256M cap · $425K/day traded
IDR 1,110 +0.0% · close 12 Nov · scored 13 Nov
Sinker: Weak business, rich price and weak momentum. Nothing here to keep it afloat.
As of 13 Nov 2026, the MoatMap Score for PT Arkora Hydro Tbk (ARKO.JK) is 6/100, ranked against 25,000+ stocks in 38 markets (Quality 46, Value 11, Momentum 17, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT PT ARKORA HYDRO TBK
Read
PT Arkora Hydro Tbk, together with its subsidiaries, operates as a hydropower company in Indonesia. The company engages in the construction and operation of hydropower plants. It is also involved in construction; real estate services; and capital participation in other entities.
FINANCIAL SUMMARY (IDR)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 247.9B | 182.2B | 238.9B | 343.3B | 11.5% | 343.2B |
| EPS (IDR) | 20.00 | 19.00 | 14.00 | 22.00 | 3.2% | 24.99 |
| Shares | 2.9B | 2.9B | 2.9B | 2.9B | 0.0% | 2.9B |
| Debt | 451.9B | 548.7B | 724.7B | 1.0T | 31.9% | 1.4T |
| Equity | 398.9B | 453.0B | 450.5B | 515.1B | 8.9% | — |
| Op CF | -41.1B | -14.3B | -94.8B | -141.5B | — | -192.0B |
| Inv CF | -14.8B | -76.5B | -29.2B | -12.1B | — | — |
| Fin CF | 132.4B | 65.8B | 78.0B | 207.2B | — | — |
Made a new 52-week low 6 trading days ago, 91% below its 52-week high. The fall has not stopped yet.
Swung more than 98% of stocks we rank over the past year (volatility 128% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling (this stock): It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of ARKO.JK are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| ARKO.JK | PT Arkora Hydro Tbk(you) | $256M | 6 |
| HGII.JK | PT Hero Global Investment Tbk | $52M | 40 |
| BREN.JK | PT Barito Renewables Energy Tbk | $17.6B | 20 |
| PGEO.JK | PT Pertamina Geothermal Energy Tbk | $2.4B | 80 |
| KEEN.JK | PT Kencana Energi Lestari Tbk | $173M | 51 |
| RAJA.JK | PT Rukun Raharja Tbk | $585M | 67 |
| POWR.JK | PT Cikarang Listrindo Tbk | $817M | 99 |
| PGAS.JK | PT Perusahaan Gas Negara (Persero) Tbk | $1.8B | 99 |
Peer medians: ROE 11.2% · P/E 13.0x · Gross margin 54.5%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.