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Indonesian (IDX) Tech Sector Analysis

UpdatedMar 23, 2026
DataAggregated Company Financials
Companies33
  • 7D2.6%
  • 3M-21.4%
  • 1Y21.1%
  • YTD-19.0%

Over the last 7 days, the Tech industry has risen 2.6%, driven by gains from DCI Indonesia of 4.1%. Meanwhile, Multipolar Technology actually underperformed within the industry, shrinking 15% in the last week. This means that the industry has gained 21% over the past year. Earnings are forecast to grow by 24% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 23 Mar 2026Rp576.0tRp73.4tRp3.4t80.1x169.4x7.8x
Wed, 18 Feb 2026Rp655.1tRp73.4tRp3.5t70.4x185x8.9x
Fri, 16 Jan 2026Rp693.0tRp73.4tRp3.5t66.1x195.9x9.4x
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
Price to Earnings Ratio

63.6x


Total Market Cap: Rp135.3tTotal Earnings: Rp2.1tTotal Revenue: Rp60.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 124.2x202420252026
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 169x which is higher than its 3-year average PE of 124x.
  • The 3-year average PS ratio of 4.7x is lower than the industry's current PS ratio of 7.8x.
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 6.7% 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-1.01%
Tech2.62%
Electronic Equipment and Components3.26%
IT2.65%
Software0.16%
Semiconductors0%0
Tech Hardware-0.93%
Communications-2.99%
Industry PE
  • Investors are most optimistic about the Software industry which is trading above its 3-year average PE ratio.
    • 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 24% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the IT industry is expected to see its earnings grow by 24% 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 IndonesiaRp208.98k5.8%
+Rp27.3t		26.7%PE497.5x
MTDL Metrodata ElectronicsRp560.002.8%
+Rp184.2b		6.7%PE9.1x
ATIC Anabatic TechnologiesRp540.009.8%
+Rp111.1b		33.0%PE5.3x
IRSX Folago Global NusantaraRp428.003.9%
+Rp99.1b		1,683.3%PE126x
PTSN Sat NusapersadaRp348.003.6%
+Rp63.8b		74.9%PE9.5x

Latest News

ELIT
Rp193.00
Data Sinergitama Jaya
7D
4.9%
1Y
15.6%
MLPT
Rp15,200.00
Multipolar Technology
7D
-3.8%
1Y
-63.8%
ZYRX
Rp141.00
Zyrexindo Mandiri Buana
7D
-1.4%
1Y
16.5%
DCII
Rp208,975.00
DCI Indonesia
7D
5.8%
1Y
26.7%
INET
Rp250.00
Sinergi Inti Andalan Prima
7D
0.8%
1Y
147.5%
DIVA
Rp124.00
Distribusi Voucher Nusantara
7D
-0.8%
1Y
47.6%
PTSN
Rp348.00
Sat Nusapersada
7D
3.6%
1Y
74.9%
ATIC
Rp540.00
Anabatic Technologies
7D
9.8%
1Y
33.0%
LUCK
Rp96.00
Sentral Mitra Informatika
7D
-3.0%
1Y
74.5%
IRSX
Rp428.00
Folago Global Nusantara
7D
3.9%
1Y
1,683.3%
TRON
Rp115.00
Teknologi Karya Digital Nusa
7D
6.5%
1Y
5.5%
GLVA
Rp340.00
Galva Technologies
7D
-1.2%
1Y
6.3%
AXIO
Rp112.00
Tera Data Indonusa
7D
-0.9%
1Y
7.7%
IOTF
Rp56.00
Sumber Sinergi Makmur
7D
-6.7%
1Y
-52.1%
MTDL
Rp560.00
Metrodata Electronics
7D
2.8%
1Y
6.7%
AREA
Rp316.00
Dunia Virtual Online
7D
-0.6%
1Y
-26.2%