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Indonesian (IDX) Tech Sector Analysis

UpdatedDec 05, 2021
DataAggregated Company Financials
Companies26
  • 7D-4.3%
  • 3M-9.8%
  • 1Y165.2%
  • YTD370.1%

Over the last 7 days, the Tech industry has dropped 4.3%, driven by a pullback from DCI Indonesia of 4.5%. Meanwhile, Indosterling Technomedia actually outperformed within the industry, gaining 8.3% in the last week. This takes the industry's 12 month performance to a gain of 165%.

Sector Valuation and Performance

Has the Indonesian Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 06 Dec 2021Rp199.9tRp96.2tRp3.3t47.9x
Wed, 03 Nov 2021Rp208.4tRp93.7tRp2.7t183.1x
Fri, 01 Oct 2021Rp203.7tRp93.1tRp2.6t85.9x
Sun, 29 Aug 2021Rp241.3tRp93.2tRp2.6t54.5x
Mon, 05 Jul 2021Rp237.8tRp93.2tRp2.6t41.7x
Thu, 08 Apr 2021Rp77.6tRp88.1tRp1.7t23.8x
Sun, 10 Jan 2021Rp35.7tRp85.8tRp763.4b35.8x
Sat, 03 Oct 2020Rp30.5tRp89.8tRp871.0b28x
Tue, 07 Jul 2020Rp29.4tRp94.5tRp885.7b20.2x
Fri, 10 Apr 2020Rp23.3tRp99.3tRp1.0t11.2x
Thu, 02 Jan 2020Rp34.5tRp96.8tRp1.1t27.7x
Sun, 06 Oct 2019Rp27.9tRp91.6tRp1.3t18.9x
Wed, 10 Jul 2019Rp24.1tRp80.6tRp1.4t11.7x
Tue, 02 Apr 2019Rp24.7tRp77.7tRp1.5t19.9x
Fri, 04 Jan 2019Rp25.3tRp76.7tRp1.7t30.4x
PE Ratio

30.4x

Total Market Cap: Rp25.3tTotal Earnings: Rp1.7tTotal Revenue: Rp76.7t0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 47.9x which is higher than its 3-year average PE of 28.5x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Information Technology industry have grown 24% per year over the last three years, and revenues for these companies have grown 7.9% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indonesian Tech sector?

Tech Hardware4.16%
Semiconductors-1.71%
Electronic Equipment and Components-2.03%
IT-4.41%
Communications-5.22%
Software-5.98%

Industry PE: Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 59.0x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Communications industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 8.6x.

Forecasted Growth: Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 20% over the next 5 years. This is roughly in line with its past earnings growth rate.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
TECH Indosterling Technomedia8.3%+Rp722.4b3,876.1%PE7676.5x
ERAA Erajaya Swasembada2.5%+Rp238.5b76.6%PE9.6x
MLPT Multipolar Technology2.0%+Rp131.3b390.9%PE28.8x
ATIC Anabatic Technologies4.0%+Rp57.9b0.8%PS0.3x
ZYRX Zyrexindo Mandiri Buana6.3%+Rp46.7bn/aPE16.6x
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