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Indonesian (IDX) Tech Sector Analysis

UpdatedApr 03, 2026
DataAggregated Company Financials
Companies33
  • 7D0.3%
  • 3M-21.8%
  • 1Y8.2%
  • YTD-21.8%

In the last week, the Tech industry is flat overall, with Multipolar Technology standing out by going down 5.7%. The past year has been better, since the industry has gained 8.2% in that time. As for the next few years, earnings are expected to grow by 20% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 04 Apr 2026Rp555.8tRp75.5tRp3.5t75.9x159.3x7.4x
Mon, 02 Mar 2026Rp618.6tRp73.2tRp3.6t70.4x173.7x8.5x
Wed, 28 Jan 2026Rp693.9tRp73.3tRp3.5t67.3x196x9.5x
Fri, 26 Dec 2025Rp713.1tRp73.3tRp3.5t66.3x201.6x9.7x
Sun, 23 Nov 2025Rp813.5tRp73.5tRp3.5t56.1x232.4x11.1x
Tue, 21 Oct 2025Rp913.1tRp72.3tRp3.5t24.9x258.3x12.6x
Thu, 18 Sep 2025Rp1017.3tRp72.2tRp3.5t27.9x287.9x14.1x
Sat, 16 Aug 2025Rp970.9tRp72.2tRp3.5t30.1x274x13.4x
Mon, 14 Jul 2025Rp458.3tRp72.4tRp3.5t43.7x131.6x6.3x
Wed, 11 Jun 2025Rp471.8tRp69.2tRp3.4t42.6x137.5x6.8x
Fri, 09 May 2025Rp479.4tRp71.4tRp3.4t68.2x140.1x6.7x
Sun, 06 Apr 2025Rp511.6tRp71.4tRp2.4t36.3x215.3x7.2x
Tue, 04 Mar 2025Rp390.0tRp70.4tRp2.3t44.4x171.5x5.5x
Thu, 30 Jan 2025Rp172.1tRp70.4tRp2.3t29.8x75.8x2.4x
Sat, 28 Dec 2024Rp168.2tRp70.2tRp2.3t30.1x73.4x2.4x
Mon, 25 Nov 2024Rp187.0tRp70.7tRp2.2t32.3x83.4x2.6x
Wed, 23 Oct 2024Rp168.7tRp70.7tRp1.9t31.1x88.6x2.4x
Fri, 20 Sep 2024Rp171.7tRp70.3tRp1.9t24.2x92.8x2.4x
Sun, 18 Aug 2024Rp135.4tRp70.3tRp1.9t16.6x73x1.9x
Tue, 16 Jul 2024Rp125.8tRp71.3tRp1.3t13x94.5x1.8x
Thu, 13 Jun 2024Rp114.4tRp70.4tRp1.1t11.7x106.9x1.6x
Sat, 11 May 2024Rp111.9tRp71.5tRp1.1t13.9x106.1x1.6x
Mon, 08 Apr 2024Rp111.3tRp61.2tRp912.6b16.8x121.9x1.8x
Wed, 06 Mar 2024Rp110.6tRp60.9tRp1.6t20.8x71.3x1.8x
Fri, 02 Feb 2024Rp122.9tRp64.2tRp1.7t26x74.4x1.9x
Sun, 31 Dec 2023Rp143.8tRp64.1tRp1.6t28.8x88.7x2.2x
Tue, 28 Nov 2023Rp177.4tRp64.5tRp1.6t28x109.2x2.7x
Thu, 26 Oct 2023Rp115.6tRp62.0tRp1.6t28.1x73.8x1.9x
Sat, 23 Sep 2023Rp116.4tRp62.0tRp1.6t26.9x74.5x1.9x
Mon, 21 Aug 2023Rp120.7tRp73.4tRp1.8t26.3x68.1x1.6x
Wed, 19 Jul 2023Rp120.7tRp69.6tRp2.1t36.9x56.3x1.7x
Fri, 16 Jun 2023Rp130.1tRp69.5tRp2.1t34.4x60.8x1.9x
Sun, 14 May 2023Rp127.4tRp69.2tRp2.3t38.6x55.9x1.8x
Tue, 11 Apr 2023Rp132.0tRp60.5tRp2.2t41.7x61.2x2.2x
Price to Earnings Ratio

61.2x


Total Market Cap: Rp132.0tTotal Earnings: Rp2.2tTotal Revenue: Rp60.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 125.3x202420252026
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 159x which is higher than its 3-year average PE of 125x.
  • The 3-year average PS ratio of 4.7x 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 7.7% 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 Market-2.39%
Tech0.27%
IT0.40%
Semiconductors0%0
Software-0.61%
Tech Hardware-1.66%
Communications-4.24%
Electronic Equipment and Components-4.82%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 218x.
    • 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 10.9x.
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 15% 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
DCII DCI IndonesiaRp201.83k0.8%
+Rp3.7t
20.2%PE480.5x
MSTI Mastersystem InfotamaRp1.40k1.4%
+Rp62.8b
-0.4%PE8x
TRON Teknologi Karya Digital NusaRp135.0011.6%
+Rp41.3b
26.2%PS6.4x
WIRG WIR ASIARp79.003.9%
+Rp35.8b
-7.1%PE12.9x
DIVA Distribusi Voucher NusantaraRp134.0010.7%
+Rp18.2b
67.5%PE4x

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