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Indonesian (IDX) Tech Sector Analysis

UpdatedDec 14, 2025
DataAggregated Company Financials
Companies33
  • 7D0.5%
  • 3M-16.5%
  • 1Y342.5%
  • YTD346.3%

In the last week, the Tech industry is flat overall, with Multipolar Technology standing out by going down 6.4%. As for the the longer term, the industry is up 343% over the past 12 months. Earnings are forecast to grow by 33% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Dec 2025Rp767.1tRp73.3tRp3.5t65.8x216.6x10.5x
Tue, 11 Nov 2025Rp821.9tRp73.4tRp3.5t59.1x234.8x11.2x
Thu, 09 Oct 2025Rp1135.2tRp72.3tRp3.5t26.7x321.1x15.7x
Sat, 06 Sep 2025Rp965.2tRp72.2tRp3.5t29.6x273.1x13.4x
Mon, 04 Aug 2025Rp943.2tRp74.1tRp3.6t46.3x262.7x12.7x
Wed, 02 Jul 2025Rp468.7tRp69.2tRp3.4t45.7x136.6x6.8x
Fri, 30 May 2025Rp458.1tRp70.1tRp3.4t46.2x133.8x6.5x
Sun, 27 Apr 2025Rp502.4tRp71.6tRp3.2t35.8x156.3x7x
Tue, 25 Mar 2025Rp505.8tRp71.2tRp2.5t42x203.5x7.1x
Thu, 20 Feb 2025Rp216.6tRp70.4tRp2.3t31.1x95.3x3.1x
Sat, 18 Jan 2025Rp164.9tRp70.4tRp2.3t31.1x72.6x2.3x
Mon, 16 Dec 2024Rp173.1tRp70.2tRp2.3t31.1x75.7x2.5x
Wed, 13 Nov 2024Rp171.8tRp71.8tRp2.2t28.8x77.7x2.4x
Fri, 11 Oct 2024Rp162.3tRp70.7tRp1.9t28.8x85.2x2.3x
Sun, 08 Sep 2024Rp133.8tRp70.3tRp1.9t19.7x72.3x1.9x
Tue, 06 Aug 2024Rp127.0tRp70.3tRp1.9t13.3x68.2x1.8x
Thu, 04 Jul 2024Rp121.1tRp71.3tRp1.3t12.4x90.8x1.7x
Sat, 01 Jun 2024Rp113.9tRp70.4tRp1.1t11.3x105.2x1.6x
Mon, 29 Apr 2024Rp113.6tRp60.6tRp975.6b21.5x116.4x1.9x
Wed, 27 Mar 2024Rp111.8tRp60.9tRp1.6t18.9x72x1.8x
Fri, 23 Feb 2024Rp115.5tRp60.8tRp1.5t21.3x74.6x1.9x
Sun, 21 Jan 2024Rp133.3tRp64.1tRp1.6t27.9x80.9x2.1x
Tue, 19 Dec 2023Rp144.8tRp64.1tRp1.6t27.9x89.2x2.3x
Thu, 16 Nov 2023Rp114.9tRp64.5tRp1.6t23.4x70.8x1.8x
Sat, 14 Oct 2023Rp120.6tRp62.0tRp1.6t25x77.1x1.9x
Mon, 11 Sep 2023Rp115.1tRp62.0tRp1.6t26.6x73.7x1.9x
Wed, 09 Aug 2023Rp118.8tRp70.1tRp1.6t33.9x76.5x1.7x
Fri, 07 Jul 2023Rp122.1tRp69.5tRp2.1t33.1x57x1.8x
Sun, 04 Jun 2023Rp125.9tRp70.1tRp2.1t36.6x59.2x1.8x
Tue, 02 May 2023Rp134.4tRp69.1tRp2.2t40.6x60.2x1.9x
Thu, 30 Mar 2023Rp135.3tRp60.4tRp2.1t32.3x63.6x2.2x
Sat, 25 Feb 2023Rp139.3tRp73.5tRp1.9t31.1x72.7x1.9x
Mon, 23 Jan 2023Rp138.8tRp73.7tRp1.9t24x71.8x1.9x
Wed, 21 Dec 2022Rp141.8tRp73.7tRp1.7t20.9x84x1.9x
Price to Earnings Ratio

84x


Total Market Cap: Rp141.8tTotal Earnings: Rp1.7tTotal Revenue: Rp73.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 114x202320242025
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 217x which is higher than its 3-year average PE of 114x.
  • The 3-year average PS ratio of 4.1x is lower than the industry's current PS ratio of 10.5x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 28% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

ID Market-0.058%
Tech0.52%
Software30.85%
Electronic Equipment and Components2.13%
IT0.33%
Semiconductors0%0
Communications-1.59%
Tech Hardware-4.99%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 120x.
    • 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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.0x.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 33% over the next 5 years.
  • This is better than its past earnings growth rate of 5.3% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 33% 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 IndonesiaRp244.80k2.0%
+Rp11.5t		476.0%PE497.9x
IRSX Folago Global NusantaraRp690.0040.8%
+Rp1.8t		1,542.9%PE203.2x
INET Sinergi Inti Andalan PrimaRp845.009.0%
+Rp622.6b		1,200.0%PE404.2x
TRON Teknologi Karya Digital NusaRp228.0043.4%
+Rp203.6b		83.9%PS7.1x
KIOS Kioson Komersial IndonesiaRp266.00171.4%
+Rp180.7b		432.0%PS7.5x

Latest News

CYBR
Rp1,370.00
ITSEC Asia
7D
-4.2%
1Y
293.7%
IRSX
Rp690.00
Folago Global Nusantara
7D
40.8%
1Y
1,542.9%
KIOS
Rp266.00
Kioson Komersial Indonesia
7D
171.4%
1Y
432.0%
TRON
Rp228.00
Teknologi Karya Digital Nusa
7D
43.4%
1Y
83.9%
MSTI
Rp1,375.00
Mastersystem Infotama
7D
-2.8%
1Y
-11.0%
INET
Rp845.00
Sinergi Inti Andalan Prima
7D
9.0%
1Y
1,200.0%
ATIC
Rp645.00
Anabatic Technologies
7D
5.7%
1Y
76.2%
CHIP
Rp1,290.00
Pelita Teknologi Global
7D
-6.9%
1Y
-19.4%
GPSO
Rp820.00
Geoprima Solusi
7D
19.7%
1Y
-21.2%
EDGE
Rp4,480.00
Indointernet
7D
-5.7%
1Y
16.1%
MTDL
Rp600.00
Metrodata Electronics
7D
0.8%
1Y
-4.0%
MLPT
Rp67,750.00
Multipolar Technology
7D
-6.4%
1Y
230.5%
PTSN
Rp368.00
Sat Nusapersada
7D
-2.1%
1Y
84.9%
PMUI
Rp138.00
Prima Multi Usaha Indonesia
7D
-8.0%
1Y
n/a
DCII
Rp244,800.00
DCI Indonesia
7D
2.0%
1Y
476.0%
WIRG
Rp104.00
WIR ASIA
7D
-8.0%
1Y
14.3%