Have your own idea? Try our Stock Screener
Indonesian (IDX) Tech Sector Analysis
UpdatedJun 07, 2025
DataAggregated Company Financials
Companies33
- 7D-0.3%
- 3M-5.1%
- 1Y280.5%
- YTD166.7%
Last week, the Tech industry hasn't moved much but Multipolar Technology is up 28% in that time. The past year has been better, since the industry has gained 280% in that time. Earnings are forecast to grow by 9.0% annually.
Sector Valuation and Performance
Has the Indonesian Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 08 Jun 2025 | Rp456.7t | Rp69.2t | Rp3.4t | 42.2x | 133.2x | 6.6x |
| Tue, 06 May 2025 | Rp484.4t | Rp71.6t | Rp3.2t | 41.2x | 149.5x | 6.8x |
| Thu, 03 Apr 2025 | Rp511.6t | Rp71.4t | Rp2.4t | 36.3x | 212x | 7.2x |
| Sat, 01 Mar 2025 | Rp391.3t | Rp70.4t | Rp2.3t | 44.4x | 172x | 5.6x |
| Mon, 27 Jan 2025 | Rp172.1t | Rp70.4t | Rp2.3t | 29.8x | 75.8x | 2.4x |
| Wed, 25 Dec 2024 | Rp168.4t | Rp70.2t | Rp2.3t | 30.2x | 73.6x | 2.4x |
| Fri, 22 Nov 2024 | Rp188.6t | Rp71.8t | Rp2.2t | 28.7x | 84.4x | 2.6x |
| Sun, 20 Oct 2024 | Rp170.5t | Rp70.7t | Rp1.9t | 31x | 89.5x | 2.4x |
| Tue, 17 Sep 2024 | Rp181.5t | Rp70.3t | Rp1.9t | 23.9x | 98x | 2.6x |
| Thu, 15 Aug 2024 | Rp134.9t | Rp70.3t | Rp1.9t | 16.6x | 72.8x | 1.9x |
| Sat, 13 Jul 2024 | Rp125.7t | Rp71.3t | Rp1.3t | 12.8x | 94.4x | 1.8x |
| Mon, 10 Jun 2024 | Rp111.6t | Rp70.3t | Rp1.1t | 12.6x | 104.5x | 1.6x |
| Wed, 08 May 2024 | Rp113.4t | Rp71.5t | Rp1.1t | 13.9x | 108x | 1.6x |
| Fri, 05 Apr 2024 | Rp111.4t | Rp60.5t | Rp929.6b | 16.8x | 119.8x | 1.8x |
| Sun, 03 Mar 2024 | Rp111.7t | Rp60.9t | Rp1.6t | 21.8x | 72x | 1.8x |
| Tue, 30 Jan 2024 | Rp129.4t | Rp64.2t | Rp1.7t | 24.1x | 78.3x | 2x |
| Thu, 28 Dec 2023 | Rp144.5t | Rp64.1t | Rp1.6t | 28.5x | 89.1x | 2.3x |
| Sat, 25 Nov 2023 | Rp168.0t | Rp64.5t | Rp1.6t | 28x | 103.3x | 2.6x |
| Mon, 23 Oct 2023 | Rp119.0t | Rp62.0t | Rp1.6t | 25.7x | 76x | 1.9x |
| Wed, 20 Sep 2023 | Rp117.3t | Rp62.0t | Rp1.6t | 25.8x | 75.1x | 1.9x |
| Fri, 18 Aug 2023 | Rp120.8t | Rp73.4t | Rp1.8t | 26.5x | 68.4x | 1.6x |
| Sun, 16 Jul 2023 | Rp124.1t | Rp69.6t | Rp2.1t | 35.6x | 57.9x | 1.8x |
| Tue, 13 Jun 2023 | Rp128.1t | Rp69.5t | Rp2.1t | 34.7x | 59.9x | 1.8x |
| Thu, 11 May 2023 | Rp130.7t | Rp69.2t | Rp2.3t | 40.6x | 57.5x | 1.9x |
| Sat, 08 Apr 2023 | Rp133.2t | Rp60.6t | Rp2.1t | 42.5x | 62.6x | 2.2x |
| Mon, 06 Mar 2023 | Rp138.4t | Rp73.5t | Rp1.9t | 29.1x | 72.3x | 1.9x |
| Wed, 01 Feb 2023 | Rp136.9t | Rp73.7t | Rp1.9t | 24x | 70.8x | 1.9x |
| Fri, 30 Dec 2022 | Rp143.8t | Rp73.7t | Rp1.7t | 21.4x | 85.2x | 2x |
| Sun, 27 Nov 2022 | Rp142.5t | Rp72.9t | Rp2.4t | 20.4x | 59.3x | 2x |
| Tue, 25 Oct 2022 | Rp156.3t | Rp116.4t | Rp3.2t | 22.6x | 48.5x | 1.3x |
| Thu, 22 Sep 2022 | Rp167.8t | Rp116.4t | Rp3.2t | 22.9x | 52.1x | 1.4x |
| Sat, 20 Aug 2022 | Rp161.3t | Rp102.1t | Rp4.3t | 19.7x | 37.8x | 1.6x |
| Mon, 18 Jul 2022 | Rp177.4t | Rp99.4t | Rp3.9t | 20.5x | 44.9x | 1.8x |
| Wed, 15 Jun 2022 | Rp159.0t | Rp98.2t | Rp4.0t | 24.5x | 39.8x | 1.6x |
Price to Earnings Ratio
39.8x
Current Industry PE
- Investors are optimistic on the Indonesian Information Technology industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 133x which is higher than its 3-year average PE of 82.9x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 6.6x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 5.0% per year over the last three years,
- Revenues have also declined 11% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Indonesian Tech sector?
| ID Market | -0.37% | |
| Tech | -0.30% | |
| Tech Hardware | 3.13% | |
| Semiconductors | 0% | 0 |
| IT | -0.16% | |
| Electronic Equipment and Components | -2.34% | |
| Software | -13.85% | |
| Communications | -19.76% | |
Industry PE
- Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 23.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 9.7% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the IT industry is expected to see its earnings grow by 8.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MLPT Multipolar Technology | Rp30.33k | 28.1% +Rp12.5t | 2,365.4% | PE154.7x | |
| CYBR ITSEC Asia | Rp1.10k | 6.3% +Rp437.8b | 175.0% | PE146.2x | |
| AXIO Tera Data Indonusa | Rp140.00 | 7.7% +Rp58.4b | -24.7% | PE14.6x | |
| INET Sinergi Inti Andalan Prima | Rp169.00 | 0% Rp16.5b | 231.4% | PE591.6x | |
| WGSH Wira Global Solusi | Rp185.00 | 8.8% +Rp15.6b | 203.3% | PE45x |