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Indonesian (IDX) Tech Sector Analysis

UpdatedMar 27, 2024
DataAggregated Company Financials
Companies30
  • 7D-2.1%
  • 3M-15.1%
  • 1Y-13.2%
  • YTD-14.0%

Over the last 7 days, the Tech industry has dropped 2.1%, driven by a pullback from DCI Indonesia of 2.7%. In contrast, Mastersystem Infotama has gained 20%. However, the industry is down 13% over the past year.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Fri, 18 Nov 2022Rp145.4tRp72.8tRp2.4t20.4x61.1x2x
Sun, 16 Oct 2022Rp155.6tRp116.3tRp3.2t22.1x48.3x1.3x
Tue, 13 Sep 2022Rp171.8tRp116.3tRp3.2t20.2x53.2x1.5x
Thu, 11 Aug 2022Rp164.7tRp81.5tRp4.3t19.7x38.6x2x
Sat, 09 Jul 2022Rp175.8tRp99.3tRp4.0t20.6x44.1x1.8x
Mon, 06 Jun 2022Rp173.9tRp98.3tRp4.0t29.5x43.5x1.8x
Wed, 04 May 2022Rp182.9tRp101.1tRp3.4t24.7x54.3x1.8x
Fri, 01 Apr 2022Rp182.0tRp96.4tRp3.3t34.7x55.7x1.9x
Sun, 27 Feb 2022Rp185.5tRp96.4tRp3.2t45.8x57.4x1.9x
Tue, 25 Jan 2022Rp186.3tRp96.3tRp3.2t50.3x57.6x1.9x
Thu, 23 Dec 2021Rp184.6tRp96.3tRp3.3t56.6x56.1x1.9x
Sat, 20 Nov 2021Rp203.6tRp94.1tRp2.9t50.4x71.4x2.2x
Mon, 18 Oct 2021Rp205.7tRp92.9tRp2.7t55.4x77.3x2.2x
Wed, 15 Sep 2021Rp218.4tRp93.1tRp2.7t49.1x82.1x2.3x
Fri, 13 Aug 2021Rp249.3tRp93.2tRp2.6t48.9x94.5x2.7x
Tue, 08 Jun 2021Rp102.9tRp88.1tRp1.7t25x62.3x1.2x
Price to Earnings Ratio

47x


Total Market Cap: Rp77.6tTotal Earnings: Rp1.7tTotal Revenue: Rp88.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 65.6x202220232024
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 72.0x which is higher than its 3-year average PE of 65.6x.
  • The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 2.1% per year over the last three years,
  • Revenues have also declined 12% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

ID Market0.83%
Tech-2.11%
Communications6.13%
Tech Hardware0.52%
Semiconductors0%
Electronic Equipment and Components-0.95%
IT-2.27%
Software-10.96%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 509x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
MSTI Mastersystem InfotamaRp1.44k32.3%
+Rp1.1t
n/aPE11.6x
EDGE IndointernetRp4.72k5.1%
+Rp464.7b
22.3%PE37.7x
CYBR ITSEC AsiaRp282.0013.7%
+Rp219.3b
n/aPS8.4x
MTDL Metrodata ElectronicsRp575.002.7%
+Rp184.2b
0.9%PE11.6x
IOTF Sumber Sinergi MakmurRp130.0014.0%
+Rp84.5b
n/aPE468.6x
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Latest News

SLIS

Rp64.00

Gaya Abadi Sempurna

7D

25.5%

1Y

-63.8%

DCII

Rp35,500.00

DCI Indonesia

7D

-2.7%

1Y

-6.3%

MSTI

Rp1,435.00

Mastersystem Infotama

7D

32.3%

1Y

n/a

CCSI

Rp406.00

Communication Cable Systems Indonesia

7D

-4.2%

1Y

-37.5%

WIRG

Rp104.00

WIR ASIA

7D

-1.9%

1Y

-29.3%

CHIP

Rp2,390.00

Pelita Teknologi Global

7D

3.9%

1Y

63.7%

EDGE

Rp4,720.00

Indointernet

7D

5.1%

1Y

22.3%

MLPT

Rp1,510.00

Multipolar Technology

7D

1.0%

1Y

-22.8%

HDIT

Rp37.00

Hensel Davest Indonesia

7D

-26.0%

1Y

-26.0%

TFAS

Rp340.00

Telefast Indonesia

7D

-15.0%

1Y

-92.5%

KREN

Rp37.00

Quantum Clovera Investama

7D

-26.0%

1Y

-26.0%

INET

Rp52.00

Sinergi Inti Andalan Prima

7D

-11.9%

1Y

n/a

PTSN

Rp222.00

Sat Nusapersada

7D

-9.8%

1Y

20.7%

MTDL

Rp575.00

Metrodata Electronics

7D

2.7%

1Y

0.9%

CYBR

Rp282.00

ITSEC Asia

7D

13.7%

1Y

n/a