Subscribe

PT Perusahaan Gas Negara Tbk (PGAS.JK)

IDR1,490.00 -40.00 (-2.61%)
ID JKT Utilities Regulated Gas
Address Jl. K.H. Zainul Arifin No. 20 11140
Jakarta, JK, ID
CEO Arief S. Handoko
Website pgn.co.id
IPO 2003-12-05
ISIN ID1000111602

Explore sections of this company profile

Also trades on Indonesia Stock Exchange · PGAS.JK (IDR) Other OTC · PPAAF (USD) Other OTC · PPAAY (USD)
Description

PT Perusahaan Gas Negara Tbk, together with its subsidiaries, engages in the transmission and distribution of natural gas in Indonesia. It operates through three segments: Trading and Transmission, Exploration and Production of Oil and Gas, and Other Operations. The company is involved in the trading and transmission of oil and gas; processing of liquefied natural gas (LNG) to industrial, commercial and household customers; and trading of LNG and natural gas. It also engages in exploration, exploitation, and business development in oil and gas; provision of fiber optic for network services, as well as construction and maintenance services to customers and management; management and leasing buildings and equipment; and distribution of oil and natural gas. In addition, the company provides telecommunication, engineering, consultancy and services. The company was formerly known as PT Perusahaan Gas Negara (Persero) Tbk and changed its name to PT Perusahaan Gas Negara Tbk in June 2018. The company was founded in 1859 and is headquartered in Jakarta, Indonesia. PT Perusahaan Gas Negara Tbk is a subsidiary of PT Pertamina (Persero).

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
IDR1,490.00 -40.00 (-2.61%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
37M
Beta
0.10
Float Shares
10.43B
Free Float %
43.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-3.69% +0.27% -5.93% -23.64% +1.11% -5.44% +0.27% +27.62% +63.68% -26.41% +488.71%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,490.00
DCF (Unlevered) 17,764.83 +1,092.3%
DCF (Levered) 14,594.32 +879.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 5 0
Hold 4 -3
Sell 2 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.81
Grey zone
Piotroski F-Score
8 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
4 / 5
High
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Regulated Gas: +4.9%
    +3.7% Q1'26: -4.6% (vs Q1'25)
  • ✗
    EPS growth Regulated Gas: +13.8%
    -37.1% Q1'26: +42.3% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Regulated Gas: +30.8%
    +12.2% Q1'26: +5.5% (vs Q1'25)
  • ✗
    EBIT margin Regulated Gas: +12.9%
    +12.5% Q1'26: +12.0% (vs Q1'25)
  • ✗
    ROIC Regulated Gas: +4.7%
    +10.5% ★ Q1'26: +11.5% (vs Q1'25)
  • ✓
    Share dilution Regulated Gas: 0.0%
    +0.0% ★ Q1'26: +0.0% (vs Q1'25)
  • ✓
    Debt / EBITDA Net debt/EBITDA · Regulated Gas: 2.21×
    1.27× ★ Q1'26: 1.27× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.13) × ERP
WACC = 69% × Ke + 31% × Kd (5.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 17,764.83 Current price: 1,490.00
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual 		Dec 2016
actual 		Dec 2017
actual 		Dec 2018
actual 		Dec 2019
actual 		Dec 2020
actual 		Dec 2021
actual 		Dec 2022
actual 		Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
8 Rev. Ana.
4 EPS Ana. 		Dec 2027
9 Rev. Ana.
8 EPS Ana. 		Dec 2028
6 Rev. Ana.
4 EPS Ana. 		Dec 2029
5 Rev. Ana.
2 EPS Ana. 		Dec 2030
3 Rev. Ana.
2 EPS Ana.
Revenue
3.07B
est: 2.96B (+3.8%)
2.93B
est: 2.98B (-1.4%)
2.97B
est: 2.88B (+3.1%)
3.87B
est: 3.58B (+8.0%)
3.85B
est: 3.72B (+3.4%)
2.89B
est: 2.91B (-0.8%)
3.04B
est: 3.08B (-1.4%)
3.57B
est: 3.54B (+0.8%)
3.65B
est: 225.8K (+1,614,580.7%)
3.79B
est: 3.53B (+7.2%)
3.93B
est: 3.90B (+0.7%)
4.41B
4.30B – 4.54B
+13.1% YoY
4.59B
3.44B – 5.10B
+4.1% YoY
4.68B
4.03B – 5.01B
+2.0% YoY
5.91B
5.09B – 6.34B
+26.4% YoY
6.09B
5.25B – 6.53B
+3.1% YoY
EBITDA
796.50M
est: 519.87M (+53.2%)
640.17M
est: 523.30M (+22.3%)
881.35M
est: 506.27M (+74.1%)
979.07M
est: 630.07M (+55.4%)
740.60M
est: 654.60M (+13.1%)
395.67M
est: 511.54M (-22.7%)
623.50M
est: 541.21M (+15.2%)
682.96M
est: 622.33M (+9.7%)
625.36M
est: 51.6K (+1,212,089.9%)
658.18M
est: 807.07M (-18.4%)
868.71M
est: 890.50M (-2.4%)
1.01B
982.25M – 1.04B
+13.1% YoY
1.05B
784.91M – 1.17B
+4.1% YoY
1.07B
920.70M – 1.15B
+2.0% YoY
1.35B
1.16B – 1.45B
+26.4% YoY
1.39B
1.20B – 1.49B
+3.1% YoY
EBIT
547.46M
est: 442.69M (+23.7%)
513.01M
est: 445.62M (+15.1%)
582.19M
est: 431.11M (+35.0%)
738.33M
est: 536.53M (+37.6%)
446.17M
est: 557.42M (-20.0%)
49.88M
est: 435.60M (-88.6%)
618.71M
est: 460.87M (+34.2%)
672.26M
est: 529.94M (+26.9%)
614.58M
est: 38.7K (+1,588,261.8%)
646.29M
est: 605.33M (+6.8%)
492.55M
est: 667.90M (-26.3%)
755.46M
736.71M – 778.66M
+13.1% YoY
786.06M
588.70M – 874.03M
+4.1% YoY
801.60M
690.55M – 858.93M
+2.0% YoY
1.01B
872.68M – 1.09B
+26.4% YoY
1.04B
899.57M – 1.12B
+3.1% YoY
Net Income
401.20M
est: 436.06M (-8.0%)
304.32M
est: 399.81M (-23.9%)
143.15M
est: 165.90M (-13.7%)
304.99M
est: 288.24M (+5.8%)
67.58M
est: 200.39M (-66.3%)
-264.77M
est: 80.29M (-429.8%)
303.82M
est: 262.85M (+15.6%)
326.24M
est: 425.18M (-23.3%)
278.09M
est: 19.5K (+1,427,399.5%)
339.43M
est: 320.12M (+6.0%)
212.72M
est: 297.80M (-28.6%)
327.92M
285.15M – 370.69M
+10.1% YoY
349.00M
258.52M – 439.49M
+6.4% YoY
370.54M
324.22M – 416.86M
+6.2% YoY
512.49M
420.19M – 560.14M
+38.3% YoY
530.58M
435.03M – 579.92M
+3.5% YoY
SGA
124.20M
est: 59.45M (+108.9%)
133.86M
est: 59.84M (+123.7%)
116.18M
est: 57.89M (+100.7%)
168.66M
est: 72.05M (+134.1%)
170.02M
est: 74.85M (+127.1%)
106.46M
est: 58.49M (+82.0%)
47.85M
est: 61.89M (-22.7%)
62.10M
est: 71.16M (-12.7%)
62.45M
est: 4.6K (+1,348,613.4%)
50.55M
est: 72.45M (-30.2%)
152.79M
est: 79.94M (+91.1%)
90.42M
88.17M – 93.19M
+13.1% YoY
94.08M
70.46M – 104.61M
+4.1% YoY
95.94M
82.65M – 102.80M
+2.0% YoY
121.24M
104.45M – 129.91M
+26.4% YoY
124.98M
107.66M – 133.92M
+3.1% YoY
EPS
0.02
est: 0.02 (-5.5%)
0.01
est: 0.02 (-21.2%)
0.01
est: 0.01 (+16.9%)
0.01
est: 0.01 (+6.0%)
0.00
est: 0.01 (-43.1%)
-0.01
est: 0.00 (-429.1%)
0.01
est: 0.01 (+15.3%)
0.01
est: 0.02 (-23.0%)
0.01
est: 0.00 (+1,430,935.3%)
0.01
est: 0.01 (+1.4%)
0.01
est: 0.01 (-31.5%)
0.01
0.01 – 0.02
+4.4% YoY
0.01
0.01 – 0.02
+3.4% YoY
0.01
0.01 – 0.02
+6.8% YoY
0.02
0.02 – 0.02
+42.8% YoY
0.02
0.02 – 0.02
+3.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A+ 4/5 5/5 3/5 4/5 4/5 4/5 4/5
2026-05-26 A+ 4/5 5/5 3/5 4/5 4/5 4/5 4/5
2026-05-25 A+ 4/5 5/5 3/5 4/5 4/5 4/5 4/5
2026-05-22 A+ 4/5 5/5 3/5 4/5 4/5 4/5 4/5
2026-05-21 A+ 4/5 5/5 3/5 4/5 4/5 4/5 4/5
2026-05-20 A+ 4/5 5/5 3/5 4/5 4/5 4/5 4/5
2026-05-19 A+ 4/5 5/5 3/5 4/5 4/5 4/5 4/5
2026-05-18 A+ 4/5 5/5 3/5 4/5 4/5 4/5 4/5
2026-05-13 A+ 4/5 5/5 3/5 4/5 4/5 4/5 4/5
2026-05-12 A+ 4/5 5/5 3/5 4/5 4/5 4/5 4/5
2026-05-11 A+ 4/5 5/5 3/5 4/5 4/5 4/5 4/5
2026-05-08 A 4/5 5/5 3/5 4/5 3/5 4/5 4/5
2026-05-07 A 4/5 5/5 3/5 4/5 3/5 4/5 4/5
2026-05-06 A 4/5 5/5 3/5 4/5 3/5 4/5 4/5
2026-05-05 A+ 4/5 5/5 3/5 5/5 3/5 4/5 4/5
2026-05-04 A+ 4/5 5/5 3/5 5/5 3/5 4/5 4/5
2026-04-30 A+ 4/5 5/5 3/5 5/5 3/5 4/5 4/5
2026-04-29 A+ 4/5 5/5 3/5 5/5 3/5 4/5 4/5
2026-04-28 A+ 4/5 5/5 3/5 5/5 3/5 4/5 4/5
2026-04-27 A 4/5 5/5 3/5 5/5 2/5 4/5 4/5
2026-04-24 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5
2026-04-23 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5
2026-04-22 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5
2026-04-21 A- 4/5 5/5 2/5 5/5 2/5 3/5 4/5
2026-04-20 A- 4/5 5/5 2/5 5/5 2/5 3/5 4/5
2026-04-17 A- 4/5 5/5 2/5 5/5 2/5 3/5 4/5
2026-04-16 A- 4/5 5/5 2/5 5/5 2/5 3/5 4/5
2026-04-15 A- 4/5 5/5 2/5 5/5 2/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
454.83M
OE per share TTM
0.02
Owner's Yield
0.00%
Maintenance CapEx ratio
96.45%
Maint CapEx / Avg PPE
115.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
147.6K
Shares Outstanding
24.24B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Harry Budi Sidharta Director of Infrastructure & Technology and Director 260.4K —
Fadjar Harianto Widodo Director of Finance & Director 260.4K male
Chandra Putra Imanuel Simarmata Group Head of Accounting & Tax — —
Desy Anggia Director of Corporate Communication — —
Etiko Kusjatmiko Group Head of Legal Counsel & Compliance — —
Imam Mul Akhyar Group Head of Marketing & Corporate Sales — —
Ivanna Laksmini Devi Group Head of Investment, Risk Management & GCG — —
Nisi Setyobudi Director Investor Relations — —
Posma l. Sirait Group Head of Operation & Maintenance Management — —
Arief Kurnia Risdianto President Director — —
Syahril Malik Group Head of Corporate Finance — —
Arief Setiawan Handoko President Director — —
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

Related companies

Largest companies in Regulated Gas