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Indonesian (IDX) Tech Sector Analysis

UpdatedAug 20, 2025
DataAggregated Company Financials
Companies34
  • 7D20.8%
  • 3M120.4%
  • 1Y632.0%
  • YTD477.2%

Over the last 7 days, the Tech industry has risen 21%, driven by gains from DCI Indonesia of 24%. In the same time, Sinergi Inti Andalan Prima was down 8.5%. This takes the industry's 12 month performance to a gain of 632%. Earnings are forecast to grow by 8.9% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 20 Aug 2025Rp993.3tRp72.2tRp3.5t27.9x281.2x13.8x
Fri, 18 Jul 2025Rp633.6tRp72.4tRp3.5t50.1x181.9x8.8x
Sun, 15 Jun 2025Rp464.8tRp69.2tRp3.4t49.4x135.5x6.7x
Tue, 13 May 2025Rp477.6tRp70.2tRp3.4t78x139.2x6.8x
Thu, 10 Apr 2025Rp463.2tRp71.4tRp2.4t40.4x196.2x6.5x
Sat, 08 Mar 2025Rp481.3tRp70.8tRp2.3t43.7x211.1x6.8x
Mon, 03 Feb 2025Rp178.2tRp70.4tRp2.3t30.3x78.5x2.5x
Wed, 01 Jan 2025Rp168.4tRp70.2tRp2.3t29.8x73.5x2.4x
Fri, 29 Nov 2024Rp185.5tRp70.7tRp2.2t31.4x82.8x2.6x
Sun, 27 Oct 2024Rp168.5tRp70.8tRp1.9t30.2x87.4x2.4x
Tue, 24 Sep 2024Rp171.2tRp70.3tRp1.8t23.9x92.6x2.4x
Thu, 22 Aug 2024Rp135.8tRp70.3tRp1.9t17.3x73.3x1.9x
Sat, 20 Jul 2024Rp129.0tRp71.3tRp1.3t13.1x96.8x1.8x
Mon, 17 Jun 2024Rp109.8tRp70.4tRp1.1t11.6x102.5x1.6x
Wed, 15 May 2024Rp116.3tRp71.6tRp1.1t12.9x107.7x1.6x
Fri, 12 Apr 2024Rp111.2tRp61.2tRp912.4b16.8x121.8x1.8x
Sun, 10 Mar 2024Rp110.8tRp60.8tRp1.5t19.2x72.9x1.8x
Tue, 06 Feb 2024Rp131.1tRp61.8tRp1.8t24.1x72.7x2.1x
Thu, 04 Jan 2024Rp142.9tRp64.1tRp1.6t30x88x2.2x
Sat, 02 Dec 2023Rp145.5tRp64.5tRp1.6t26x89.6x2.3x
Mon, 30 Oct 2023Rp117.4tRp62.4tRp1.6t26.7x73.6x1.9x
Wed, 27 Sep 2023Rp119.1tRp62.0tRp1.6t25.7x76.1x1.9x
Fri, 25 Aug 2023Rp120.4tRp73.4tRp1.8t26.1x67.9x1.6x
Sun, 23 Jul 2023Rp122.6tRp69.6tRp2.1t36.8x57.2x1.8x
Tue, 20 Jun 2023Rp131.4tRp69.5tRp2.1t34.2x61.4x1.9x
Thu, 18 May 2023Rp126.9tRp70.0tRp2.2t35.8x58.7x1.8x
Sat, 15 Apr 2023Rp133.0tRp60.4tRp2.2t41.7x61.4x2.2x
Mon, 13 Mar 2023Rp137.6tRp73.5tRp2.1t32.6x67x1.9x
Wed, 08 Feb 2023Rp141.5tRp73.7tRp1.9t29.4x73.1x1.9x
Fri, 06 Jan 2023Rp145.3tRp73.8tRp1.9t22.9x75x2x
Sun, 04 Dec 2022Rp144.8tRp80.5tRp1.6t23.3x90.9x1.8x
Tue, 01 Nov 2022Rp154.9tRp117.3tRp3.2t21.1x48.2x1.3x
Thu, 29 Sep 2022Rp165.8tRp116.4tRp3.2t26.2x51.3x1.4x
Sat, 27 Aug 2022Rp165.9tRp102.4tRp3.6t19.7x45.5x1.6x
Price to Earnings Ratio

45.5x


Total Market Cap: Rp165.9tTotal Earnings: Rp3.6tTotal Revenue: Rp102.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 92.6x202320242025
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 281x which is higher than its 3-year average PE of 92.6x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 13.8x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 11% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Trends

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

ID Market0.97%
Tech20.82%
IT21.20%
Communications17.97%
Software2.70%
Semiconductors0%0
Electronic Equipment and Components-0.021%
Tech Hardware-0.55%
Industry PE
  • Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 123x.
    • Analysts are expecting annual earnings growth of 6.9%, which is lower than the prior year's growth of 13.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 10% 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 6.9% 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 IndonesiaRp345.00k24.0%
+Rp159.1t		724.4%PE738.3x
MLPT Multipolar TechnologyRp68.00k9.9%
+Rp11.4t		3,774.6%PE545.4x
WIRG WIR ASIARp184.0042.6%
+Rp656.6b		130.0%PE27.9x
IOTF Sumber Sinergi MakmurRp113.0037.8%
+Rp164.0b		-14.4%PE2008x
CYBR ITSEC AsiaRp1.02k1.5%
+Rp99.6b		236.1%PE102.8x

Latest News

INET
Rp258.00
Sinergi Inti Andalan Prima
7D
-8.5%
1Y
253.4%
MDRN
Rp14.00
Modern Internasional
7D
40.0%
1Y
133.3%
MSTI
Rp1,625.00
Mastersystem Infotama
7D
-1.8%
1Y
-3.6%
MTDL
Rp585.00
Metrodata Electronics
7D
-0.8%
1Y
-7.9%
GPSO
Rp360.00
Geoprima Solusi
7D
-6.7%
1Y
230.3%
AREA
Rp464.00
Dunia Virtual Online
7D
-1.3%
1Y
132.0%
ATIC
Rp400.00
Anabatic Technologies
7D
-1.5%
1Y
4.2%
IOTF
Rp113.00
Sumber Sinergi Makmur
7D
37.8%
1Y
-14.4%
WIRG
Rp184.00
WIR ASIA
7D
42.6%
1Y
130.0%
KREN
Rp13.00
Quantum Clovera Investama
7D
30.0%
1Y
62.5%
AXIO
Rp125.00
Tera Data Indonusa
7D
-3.8%
1Y
-13.2%
EDGE
Rp4,350.00
Indointernet
7D
-0.7%
1Y
11.3%
CYBR
Rp1,015.00
ITSEC Asia
7D
1.5%
1Y
236.1%
MLPT
Rp68,000.00
Multipolar Technology
7D
9.9%
1Y
3,774.6%
DCII
Rp345,000.00
DCI Indonesia
7D
24.0%
1Y
724.4%
SLIS
Rp67.00
Gaya Abadi Sempurna
7D
19.6%
1Y
24.1%