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Indonesian (IDX) Tech Sector Analysis

UpdatedApr 14, 2026
DataAggregated Company Financials
Companies33
  • 7D2.0%
  • 3M-18.9%
  • 1Y21.7%
  • YTD-20.4%

The Tech industry is up 2.0% in the last week, with Multipolar Technology up 40%. This takes the industry's 12 month performance to a gain of 22%. 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
Tue, 14 Apr 2026Rp566.4tRp75.5tRp3.5t69.9x161.7x7.5x
Thu, 12 Mar 2026Rp575.4tRp73.1tRp3.4t70.4x169.6x7.9x
Sat, 07 Feb 2026Rp638.7tRp73.4tRp3.5t71.8x180.3x8.7x
Mon, 05 Jan 2026Rp700.8tRp73.3tRp3.5t65.2x198.2x9.6x
Wed, 03 Dec 2025Rp747.9tRp73.4tRp3.5t60.5x212.7x10.2x
Fri, 31 Oct 2025Rp814.6tRp73.1tRp3.7t24.4x220.3x11.1x
Sun, 28 Sep 2025Rp1033.4tRp72.3tRp3.5t26.6x292.2x14.3x
Tue, 26 Aug 2025Rp952.6tRp72.2tRp3.5t31.6x269.7x13.2x
Thu, 24 Jul 2025Rp928.1tRp72.4tRp3.5t46.3x266x12.8x
Sat, 21 Jun 2025Rp461.1tRp69.2tRp3.4t41.9x134.4x6.7x
Mon, 19 May 2025Rp474.3tRp70.2tRp3.4t48.8x138.2x6.8x
Wed, 16 Apr 2025Rp463.1tRp71.2tRp2.9t47.2x157.9x6.5x
Fri, 14 Mar 2025Rp656.0tRp70.8tRp2.3t42.9x287.6x9.3x
Sun, 09 Feb 2025Rp198.0tRp70.4tRp2.3t30.2x87.1x2.8x
Tue, 07 Jan 2025Rp170.4tRp70.2tRp2.3t30.2x74.9x2.4x
Thu, 05 Dec 2024Rp180.5tRp70.2tRp2.3t31.5x78.9x2.6x
Sat, 02 Nov 2024Rp167.5tRp70.7tRp1.9t43.7x86.4x2.4x
Mon, 30 Sep 2024Rp169.6tRp70.3tRp1.8t27.8x91.7x2.4x
Wed, 28 Aug 2024Rp133.0tRp70.3tRp1.9t18x71.8x1.9x
Fri, 26 Jul 2024Rp133.9tRp71.4tRp1.3t13.3x100.3x1.9x
Sun, 23 Jun 2024Rp117.5tRp71.4tRp1.3t12.5x88x1.6x
Tue, 21 May 2024Rp116.2tRp71.6tRp1.1t12.1x109.4x1.6x
Thu, 18 Apr 2024Rp111.3tRp61.4tRp928.3b14.8x119.8x1.8x
Sat, 16 Mar 2024Rp114.7tRp60.8tRp1.5t20.1x75.5x1.9x
Mon, 12 Feb 2024Rp126.0tRp64.8tRp1.8t28.9x69.2x1.9x
Wed, 10 Jan 2024Rp137.8tRp64.1tRp1.6t29.7x83.6x2.1x
Fri, 08 Dec 2023Rp153.1tRp64.7tRp1.6t28.9x96.5x2.4x
Sun, 05 Nov 2023Rp115.9tRp61.0tRp1.2t26x94.1x1.9x
Tue, 03 Oct 2023Rp119.4tRp62.0tRp1.6t25.5x76.3x1.9x
Thu, 31 Aug 2023Rp119.7tRp73.3tRp1.8t27.3x68x1.6x
Sat, 29 Jul 2023Rp124.0tRp70.0tRp2.2t36.3x56.1x1.8x
Mon, 26 Jun 2023Rp128.0tRp69.5tRp2.1t33.4x59.8x1.8x
Wed, 24 May 2023Rp124.1tRp69.7tRp2.1t34.2x58.7x1.8x
Fri, 21 Apr 2023Rp132.5tRp61.5tRp2.2t41.7x60.6x2.2x
Price to Earnings Ratio

60.6x


Total Market Cap: Rp132.5tTotal Earnings: Rp2.2tTotal Revenue: Rp61.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 126.2x202420252026
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 162x 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 7.5x.
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 7.1% 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 Market9.75%
Tech1.96%
Software7.35%
IT1.96%
Communications1.60%
Electronic Equipment and Components0.66%
Semiconductors0%0
Tech Hardware-0.22%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 221x.
    • 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 TechnologyRp20.25k42.1%
+Rp11.3t		-42.1%PE112.8x
INET Sinergi Inti Andalan PrimaRp338.0031.0%
+Rp1.8t		199.1%PE308.8x
CYBR ITSEC AsiaRp1.40k10.2%
+Rp867.9b		71.8%PE145.5x
IRSX Folago Global NusantaraRp490.0023.7%
+Rp582.3b		1,784.6%PE120.2x
AREA Dunia Virtual OnlineRp338.0014.2%
+Rp106.7b		-24.9%PE86.2x

Latest News

INET
Rp338.00
Sinergi Inti Andalan Prima
7D
31.0%
1Y
199.1%
MLPT
Rp20,250.00
Multipolar Technology
7D
42.1%
1Y
-42.1%
DIVA
Rp170.00
Distribusi Voucher Nusantara
7D
25.9%
1Y
129.7%
IRSX
Rp490.00
Folago Global Nusantara
7D
23.7%
1Y
1,784.6%
PMUI
Rp104.00
Prima Multi Usaha Indonesia
7D
15.6%
1Y
n/a
MSTI
Rp1,415.00
Mastersystem Infotama
7D
-0.4%
1Y
-0.4%
TFAS
Rp216.00
Telefast Indonesia
7D
-1.8%
1Y
122.7%
CYBR
Rp1,400.00
ITSEC Asia
7D
10.2%
1Y
71.8%
PTSN
Rp310.00
Sat Nusapersada
7D
4.0%
1Y
61.5%
AREA
Rp338.00
Dunia Virtual Online
7D
14.2%
1Y
-24.9%
DCII
Rp199,000.00
DCI Indonesia
7D
-1.4%
1Y
31.1%
RUNS
Rp79.00
Global Sukses Solusi
7D
-3.7%
1Y
51.9%