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Indonesian (IDX) Tech Sector Analysis

UpdatedApr 10, 2026
DataAggregated Company Financials
Companies33
  • 7D0.9%
  • 3M-20.5%
  • 1Y19.7%
  • YTD-21.1%

Over the last 7 days, the Tech industry has dropped 2.8%, driven by Pelita Teknologi Global declining 3.2%. On the other hand Multipolar Technology is actually up 11%. In the past year, the industry has gained 21%. Earnings are forecast to grow by 20% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 10 Apr 2026Rp561.0tRp75.5tRp3.5t69.9x160.2x7.4x
Sun, 08 Mar 2026Rp585.5tRp73.1tRp3.4t70.4x172.6x8x
Tue, 03 Feb 2026Rp593.1tRp73.3tRp3.5t76.4x167.5x8.1x
Thu, 01 Jan 2026Rp652.6tRp73.3tRp3.5t66.3x184.6x8.9x
Sat, 29 Nov 2025Rp760.9tRp73.4tRp3.5t59.5x216.9x10.4x
Mon, 27 Oct 2025Rp859.7tRp72.9tRp3.6t25.6x237.7x11.8x
Wed, 24 Sep 2025Rp1056.0tRp72.3tRp3.5t28.7x298.6x14.6x
Fri, 22 Aug 2025Rp1003.0tRp72.2tRp3.5t29.2x283.9x13.9x
Sun, 20 Jul 2025Rp685.8tRp72.4tRp3.5t47x196.9x9.5x
Tue, 17 Jun 2025Rp465.3tRp69.2tRp3.4t47.8x135.7x6.7x
Thu, 15 May 2025Rp477.6tRp70.2tRp3.4t48.6x139.2x6.8x
Sat, 12 Apr 2025Rp466.6tRp71.2tRp2.4t41.1x195x6.6x
Mon, 10 Mar 2025Rp481.1tRp70.8tRp2.3t43.7x211.1x6.8x
Wed, 05 Feb 2025Rp191.9tRp70.4tRp2.3t30.4x84.4x2.7x
Fri, 03 Jan 2025Rp170.0tRp70.2tRp2.3t29.8x74.2x2.4x
Sun, 01 Dec 2024Rp182.7tRp70.7tRp2.2t31.9x81.5x2.6x
Tue, 29 Oct 2024Rp168.5tRp70.8tRp1.9t42x88.6x2.4x
Thu, 26 Sep 2024Rp168.8tRp70.3tRp1.8t25.9x91.3x2.4x
Sat, 24 Aug 2024Rp134.3tRp70.3tRp1.9t17.4x72.5x1.9x
Mon, 22 Jul 2024Rp129.0tRp71.3tRp1.3t13.1x96.8x1.8x
Wed, 19 Jun 2024Rp117.8tRp71.3tRp1.3t12.7x88.3x1.7x
Fri, 17 May 2024Rp116.3tRp71.6tRp1.1t13.1x107.9x1.6x
Sun, 14 Apr 2024Rp111.2tRp61.2tRp912.4b16.8x121.8x1.8x
Tue, 12 Mar 2024Rp110.8tRp60.8tRp1.5t19.2x72.9x1.8x
Thu, 08 Feb 2024Rp125.9tRp64.8tRp1.8t28.9x69.1x1.9x
Sat, 06 Jan 2024Rp142.9tRp64.1tRp1.6t30x86.8x2.2x
Mon, 04 Dec 2023Rp138.8tRp64.5tRp1.6t26x85.5x2.2x
Wed, 01 Nov 2023Rp117.5tRp62.3tRp1.6t26.4x73.6x1.9x
Fri, 29 Sep 2023Rp119.8tRp62.0tRp1.6t25.5x76.6x1.9x
Sun, 27 Aug 2023Rp120.1tRp73.4tRp1.8t25.7x67.8x1.6x
Tue, 25 Jul 2023Rp123.2tRp69.6tRp2.1t37.9x57.4x1.8x
Thu, 22 Jun 2023Rp129.2tRp69.5tRp2.1t33.5x60.4x1.9x
Sat, 20 May 2023Rp130.6tRp70.5tRp2.1t35.8x61.3x1.9x
Mon, 17 Apr 2023Rp133.0tRp62.0tRp2.2t42.4x60.5x2.1x
Price to Earnings Ratio

60.5x


Total Market Cap: Rp133.0tTotal Earnings: Rp2.2tTotal Revenue: Rp62.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 125.9x202420252026
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 160x which is higher than its 3-year average PE of 126x.
  • The 3-year average PS ratio of 4.8x is lower than the industry's current PS ratio of 7.4x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 6.8% 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?

ID Market5.12%
Tech0.93%
Electronic Equipment and Components2.70%
Communications1.63%
IT0.91%
Software0.65%
Semiconductors0%0
Tech Hardware-1.67%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 220x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Electronic Equipment and Components industry, which is trading close to its 3-year average of 10.8x.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 20% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
MLPT Multipolar TechnologyRp15.10k10.8%
+Rp2.8t		-56.5%PE84.1x
CYBR ITSEC AsiaRp1.52k17.4%
+Rp1.5t		109.0%PE156.8x
INET Sinergi Inti Andalan PrimaRp278.008.6%
+Rp492.2b		162.3%PE254x
MTDL Metrodata ElectronicsRp585.001.7%
+Rp122.8b		11.4%PE8.8x
AREA Dunia Virtual OnlineRp334.0012.8%
+Rp96.5b		-16.5%PE85.1x

Latest News

PMUI
Rp107.00
Prima Multi Usaha Indonesia
7D
16.3%
1Y
n/a
WGSH
Rp108.00
Wira Global Solusi
7D
-7.7%
1Y
11.3%
MSTI
Rp1,395.00
Mastersystem Infotama
7D
-0.4%
1Y
1.8%
TFAS
Rp210.00
Telefast Indonesia
7D
-6.3%
1Y
128.3%
CYBR
Rp1,515.00
ITSEC Asia
7D
17.4%
1Y
109.0%
MLPT
Rp15,100.00
Multipolar Technology
7D
10.8%
1Y
-56.5%
PTSN
Rp296.00
Sat Nusapersada
7D
-1.3%
1Y
59.1%
TRON
Rp167.00
Teknologi Karya Digital Nusa
7D
23.7%
1Y
67.0%
WIRG
Rp82.00
WIR ASIA
7D
3.8%
1Y
2.5%
GLVA
Rp324.00
Galva Technologies
7D
-1.8%
1Y
1.9%
LUCK
Rp97.00
Sentral Mitra Informatika
7D
-1.0%
1Y
76.4%
AREA
Rp334.00
Dunia Virtual Online
7D
12.8%
1Y
-16.5%
CHIP
Rp1,060.00
Pelita Teknologi Global
7D
-3.2%
1Y
-24.8%
INET
Rp278.00
Sinergi Inti Andalan Prima
7D
8.6%
1Y
162.3%
ZYRX
Rp143.00
Zyrexindo Mandiri Buana
7D
-0.7%
1Y
24.3%
MTDL
Rp585.00
Metrodata Electronics
7D
1.7%
1Y
11.4%