PGEO.JK
Full HousePT Pertamina Geothermal Energy Tbk · Utilities · Indonesia · $2.4B cap · $858K/day traded
IDR 925 -2.1% · close 12 Nov · scored 13 Nov
Full House: Strong business, sensible price, and the market agrees.
As of 13 Nov 2026, the MoatMap Score for PT Pertamina Geothermal Energy Tbk (PGEO.JK) is 80/100, ranked against 25,000+ stocks in 38 markets (Quality 63, Value 56, Momentum 59, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT PT PERTAMINA GEOTHERMAL ENERGY TBK
Read
PT Pertamina Geothermal Energy Tbk, together with its subsidiaries, engages in the development of the geothermal sector from the upstream and/or downstream sides in Indonesia. It operates through two segments: Own Operations and Joint Operating Contracts.
FINANCIAL SUMMARY (IDR)
Reported in USD
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.7T | 6.2T | 6.4T | 7.1T | 7.5% | 8.5T | 8.2T | 8.7T | 5.2% |
| EPS (IDR) | 45.61 | 60.89 | 61.77 | 54.27 | 6.0% | 66.00 | 71.64 | 72.73 | 10.0% |
| Shares | 41.4B | 41.4B | 41.5B | 41.8B | +1.0% | 42.0B | — | — | — |
| Debt | 14.8T | 11.3T | 12.0T | 12.6T | -5.2% | 13.6T | — | — | — |
| Equity | 19.6T | 30.4T | 32.3T | 34.2T | 20.3% | — | — | — | — |
| Op CF | 3.3T | 3.9T | 4.1T | 5.2T | 16.4% | 6.0T | — | — | — |
| Inv CF | -268.8B | -1.2T | -1.6T | -1.4T | — | — | — | — | — |
| Fin CF | -939.8B | 3.6T | -3.0T | -2.8T | — | — | — | — | — |
No new 52-week low for 21 weeks, 20% above that low, but not back above a rising 50-day average.
The Momentum score still reads 59: it looks back six months, so it has not caught up with this fall.
Swung more than 59% of stocks we rank over the past year (volatility 48% 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: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor (this stock): 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 PGEO.JK are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| PGEO.JK | PT Pertamina Geothermal Energy Tbk(you) | $2.4B | 80 |
| BREN.JK | PT Barito Renewables Energy Tbk | $17.6B | 20 |
| HGII.JK | PT Hero Global Investment Tbk | $52M | 40 |
| ARKO.JK | PT Arkora Hydro Tbk | $256M | 6 |
| PGAS.JK | PT Perusahaan Gas Negara (Persero) Tbk | $1.8B | 99 |
| POWR.JK | PT Cikarang Listrindo Tbk | $817M | 99 |
| RAJA.JK | PT Rukun Raharja Tbk | $585M | 67 |
| KEEN.JK | PT Kencana Energi Lestari Tbk | $173M | 51 |
Peer medians: ROE 11.6% · P/E 21.0x · Gross margin 45.8%
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.