Pertamina Geothermal Energy (PGEO) - Net Assets
Based on the latest financial reports, Pertamina Geothermal Energy (PGEO) has net assets worth Rp1.99 Billion IDR (≈ $116.42K USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp2.94 Billion ≈ $172.20K USD) and total liabilities (Rp952.10 Million ≈ $55.79K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PGEO strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp1.99 Billion |
| % of Total Assets | 67.6% |
| Annual Growth Rate | 13.86% |
| 5-Year Change | 66.52% |
| 10-Year Change | N/A |
| Growth Volatility | 19.73 |
Pertamina Geothermal Energy - Net Assets Trend (2019–2025)
This chart illustrates how Pertamina Geothermal Energy's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Pertamina Geothermal Energy (PGEO) market capitalisation.
Annual Net Assets for Pertamina Geothermal Energy (2019–2025)
The table below shows the annual net assets of Pertamina Geothermal Energy from 2019 to 2025. Also explore PGEO net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp2.05 Billion ≈ $119.92K |
+1.88% |
| 2024-12-31 | Rp2.01 Billion ≈ $117.70K |
+1.90% |
| 2023-12-31 | Rp1.97 Billion ≈ $115.51K |
+57.00% |
| 2022-12-31 | Rp1.26 Billion ≈ $73.57K |
+2.16% |
| 2021-12-31 | Rp1.23 Billion ≈ $72.02K |
+20.16% |
| 2020-12-31 | Rp1.02 Billion ≈ $59.93K |
+8.88% |
| 2019-12-31 | Rp939.37 Million ≈ $55.04K |
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Equity Component Analysis
This analysis shows how different components contribute to Pertamina Geothermal Energy's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 84.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp140.02 Million | 6.84% |
| Common Stock | Rp1.48 Billion | 72.51% |
| Other Comprehensive Income | Rp211.28 Million | 10.32% |
| Other Components | Rp211.48 Million | 10.33% |
| Total Equity | Rp2.05 Billion | 100.00% |
Pertamina Geothermal Energy Competitors by Market Cap
The table below lists competitors of Pertamina Geothermal Energy ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Titan America SA
NYSE:TTAM
|
$2.59 Billion |
|
KEYMED BIOSCIENCES -0001
F:64Z
|
$2.59 Billion |
|
McGrath RentCorp
NASDAQ:MGRC
|
$2.59 Billion |
|
ShenZhen Yitoa Intelligent Control Co Ltd
SHE:300131
|
$2.59 Billion |
|
Sinopharm Group Co. Ltd
F:X2S
|
$2.59 Billion |
|
Jiayou International Logistics Co Ltd
SHG:603871
|
$2.59 Billion |
|
GOLDEN AGRI-RES ADR/100
F:4G3
|
$2.59 Billion |
|
Bangchak Corporation Public Company Limited
BK:BCP
|
$2.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pertamina Geothermal Energy's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,009,168,000 to 2,047,032,004, a change of 37,864,004 (1.9%).
- Net income of 136,007,185 contributed positively to equity growth.
- Dividend payments of 134,726,102 reduced retained earnings.
- Share repurchases of 18,588,000 reduced equity.
- New share issuances of 18,588,000 increased equity.
- Other comprehensive income decreased equity by 2,925,312,491,414.
- Other factors increased equity by 2,925,349,074,335.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp136.01 Million | +6.64% |
| Dividends Paid | Rp134.73 Million | -6.58% |
| Share Repurchases | Rp18.59 Million | -0.91% |
| Share Issuances | Rp18.59 Million | +0.91% |
| Other Comprehensive Income | Rp-2.93 Trillion | -142905.07% |
| Other Changes | Rp2.93 Trillion | +142906.86% |
| Total Change | Rp- | 1.88% |
Book Value vs Market Value Analysis
This analysis compares Pertamina Geothermal Energy's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 21659.65x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 34863.70x to 21659.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Rp0.03 | Rp1055.00 | x |
| 2020-12-31 | Rp0.03 | Rp1055.00 | x |
| 2021-12-31 | Rp0.04 | Rp1055.00 | x |
| 2022-12-31 | Rp0.04 | Rp1055.00 | x |
| 2023-12-31 | Rp0.05 | Rp1055.00 | x |
| 2024-12-31 | Rp0.05 | Rp1055.00 | x |
| 2025-12-31 | Rp0.05 | Rp1055.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pertamina Geothermal Energy utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.64%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.82%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.48x
- Recent ROE (6.64%) is below the historical average (8.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 10.17% | 14.33% | 0.26x | 2.74x | Rp1.64 Million |
| 2020 | 7.12% | 20.59% | 0.14x | 2.49x | Rp-29.43 Million |
| 2021 | 6.92% | 23.07% | 0.15x | 1.95x | Rp-37.85 Million |
| 2022 | 10.14% | 32.98% | 0.16x | 1.97x | Rp1.77 Million |
| 2023 | 8.30% | 40.27% | 0.14x | 1.50x | Rp-33.55 Million |
| 2024 | 7.99% | 39.42% | 0.14x | 1.49x | Rp-40.42 Million |
| 2025 | 6.64% | 31.82% | 0.14x | 1.48x | Rp-68.70 Million |
Industry Comparison
This section compares Pertamina Geothermal Energy's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $258,542,642,899
- Average return on equity (ROE) among peers: 12.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pertamina Geothermal Energy (PGEO) | Rp1.99 Billion | 10.17% | 0.48x | $2.59 Billion |
| PT Arkora Hydro Tbk (ARKO) | $400.01 Billion | 13.16% | 1.37x | $751.60 Million |
| Protech Mitra Perkasa Tbk PT (OASA) | $13.29 Billion | 22.87% | 0.09x | $104.88 Million |
| Terregra Asia Energy PT (TGRA) | $362.33 Billion | 0.57% | 0.30x | $4.35 Million |
About Pertamina Geothermal Energy
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. The Own Operations segment manages geothermal fields, including Sibayak, Kamojang, Lahendong, Ulubelu, Karaha, and Lumut Balai, covering activi… Read more