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Indonesian (IDX) Tech Sector Analysis

UpdatedFeb 28, 2026
DataAggregated Company Financials
Companies33
  • 7D-2.1%
  • 3M-18.4%
  • 1Y57.8%
  • YTD-11.7%

Over the last 7 days, the Tech industry has dropped 1.1%, driven by a pullback from Multipolar Technology of 20%. Over the past 12 months, the industry was up 58%. Looking forward, earnings are forecast to grow by 21% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 28 Feb 2026Rp618.6tRp73.2tRp3.6t70.4x173.7x8.4x
Mon, 26 Jan 2026Rp695.3tRp73.4tRp3.5t67.6x196.4x9.5x
Wed, 24 Dec 2025Rp731.0tRp73.3tRp3.5t66.7x206.7x10x
Fri, 21 Nov 2025Rp815.2tRp73.5tRp3.5t57x232.8x11.1x
Sun, 19 Oct 2025Rp913.1tRp72.3tRp3.5t23.8x258.3x12.6x
Tue, 16 Sep 2025Rp939.4tRp72.2tRp3.5t29.3x265.9x13x
Thu, 14 Aug 2025Rp897.8tRp72.2tRp3.5t28.4x253.4x12.4x
Sat, 12 Jul 2025Rp456.8tRp72.4tRp3.5t43.7x131.2x6.3x
Mon, 09 Jun 2025Rp456.7tRp69.2tRp3.4t42.2x133.2x6.6x
Wed, 07 May 2025Rp472.9tRp71.5tRp3.2t59.5x146.3x6.6x
Fri, 04 Apr 2025Rp511.6tRp71.4tRp2.4t36.3x215.3x7.2x
Sun, 02 Mar 2025Rp391.1tRp70.4tRp2.3t44.4x172x5.6x
Tue, 28 Jan 2025Rp172.1tRp70.4tRp2.3t29.8x75.8x2.4x
Thu, 26 Dec 2024Rp168.4tRp70.2tRp2.3t30.2x73.6x2.4x
Sat, 23 Nov 2024Rp187.1tRp71.8tRp2.2t32.3x83.8x2.6x
Mon, 21 Oct 2024Rp170.5tRp70.7tRp1.9t31x89.5x2.4x
Wed, 18 Sep 2024Rp182.1tRp70.3tRp1.9t23.9x98.4x2.6x
Fri, 16 Aug 2024Rp135.0tRp70.3tRp1.9t16.3x72.8x1.9x
Sun, 14 Jul 2024Rp125.8tRp71.3tRp1.3t12.8x94.5x1.8x
Tue, 11 Jun 2024Rp111.6tRp70.4tRp1.1t12.3x104.4x1.6x
Thu, 09 May 2024Rp111.8tRp71.5tRp1.1t13.9x106.4x1.6x
Sat, 06 Apr 2024Rp111.3tRp60.5tRp929.6b16.8x119.7x1.8x
Mon, 04 Mar 2024Rp111.7tRp60.9tRp1.6t21.8x72x1.8x
Wed, 31 Jan 2024Rp129.7tRp64.2tRp1.7t24.5x78.6x2x
Fri, 29 Dec 2023Rp143.6tRp64.1tRp1.6t28.8x88.5x2.2x
Sun, 26 Nov 2023Rp177.0tRp64.5tRp1.6t28x109x2.7x
Tue, 24 Oct 2023Rp118.8tRp62.0tRp1.6t25.8x75.8x1.9x
Thu, 21 Sep 2023Rp117.3tRp62.0tRp1.6t25.7x75.1x1.9x
Sat, 19 Aug 2023Rp120.8tRp73.4tRp1.8t26.3x68.4x1.6x
Mon, 17 Jul 2023Rp124.1tRp69.6tRp2.1t35.6x57.9x1.8x
Wed, 14 Jun 2023Rp129.2tRp69.5tRp2.1t35.6x60.4x1.9x
Fri, 12 May 2023Rp129.4tRp69.2tRp2.3t39.8x56.9x1.9x
Sun, 09 Apr 2023Rp133.2tRp60.5tRp2.1t42.5x62.4x2.2x
Tue, 07 Mar 2023Rp138.0tRp73.5tRp1.9t28.4x72x1.9x
Price to Earnings Ratio

72x


Total Market Cap: Rp138.0tTotal Earnings: Rp1.9tTotal Revenue: Rp73.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 122.1x202420252026
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 175x which is higher than its 3-year average PE of 122x.
  • The 3-year average PS ratio of 4.6x is lower than the industry's current PS ratio of 8.4x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 23% 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-0.88%
Tech-2.08%
Software2.47%
Semiconductors0%0
Communications-1.29%
Tech Hardware-1.48%
Electronic Equipment and Components-1.63%
IT-2.13%
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 21% 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 21% 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 IndonesiaRp215.78k0.08%
+Rp417.2b		85.8%PE438.9x
WIRG WIR ASIARp96.009.1%
+Rp95.5b		-20.0%PE12.8x
TFAS Telefast IndonesiaRp262.0013.9%
+Rp53.0b		162.0%PE1923.6x
DIVA Distribusi Voucher NusantaraRp179.0024.3%
+Rp49.0b		86.5%PE170.8x
CYBR ITSEC AsiaRp1.50k0.3%
+Rp33.2b		130.8%PE183.6x

Latest News

MLPT
Rp28,075.00
Multipolar Technology
7D
-19.8%
1Y
-29.8%
DIVA
Rp179.00
Distribusi Voucher Nusantara
7D
24.3%
1Y
86.5%
WIRG
Rp96.00
WIR ASIA
7D
9.1%
1Y
-20.0%
CYBR
Rp1,500.00
ITSEC Asia
7D
0.3%
1Y
130.8%
DCII
Rp215,775.00
DCI Indonesia
7D
0.08%
1Y
85.8%
MDRN
Rp65.00
Modern Internasional
7D
-16.7%
1Y
983.3%
ELIT
Rp238.00
Data Sinergitama Jaya
7D
-9.8%
1Y
3.5%
ATIC
Rp600.00
Anabatic Technologies
7D
-4.8%
1Y
1.7%
MSTI
Rp1,340.00
Mastersystem Infotama
7D
-1.5%
1Y
-2.9%
KIOS
Rp144.00
Kioson Komersial Indonesia
7D
8.3%
1Y
188.0%
IRSX
Rp620.00
Folago Global Nusantara
7D
0.8%
1Y
2,196.3%
INET
Rp378.00
Sinergi Inti Andalan Prima
7D
-8.3%
1Y
142.3%
TFAS
Rp262.00
Telefast Indonesia
7D
13.9%
1Y
162.0%
SLIS
Rp96.00
Gaya Abadi Sempurna
7D
10.3%
1Y
92.0%
MTDL
Rp570.00
Metrodata Electronics
7D
-0.9%
1Y
-1.7%
AREA
Rp384.00
Dunia Virtual Online
7D
-5.9%
1Y
-12.7%