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Indonesian (IDX) Tech Sector Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies33
  • 7D4.8%
  • 3M-22.3%
  • 1Y13.5%
  • YTD-19.0%

In the last week, the Tech industry is up 4.8%, with DCI Indonesia up 5.8%. This takes the industry's 12 month performance to a gain of 13%. As for the next few years, earnings are expected to grow by 24% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026Rp576.0tRp73.4tRp3.4t80.1x169.4x7.8x
Thu, 19 Feb 2026Rp656.0tRp73.4tRp3.5t70.4x185.2x8.9x
Sat, 17 Jan 2026Rp693.0tRp73.4tRp3.5t66.1x195.9x9.4x
Mon, 15 Dec 2025Rp767.1tRp73.3tRp3.5t65.8x216.6x10.5x
Wed, 12 Nov 2025Rp817.4tRp73.5tRp3.5t58.6x233.5x11.1x
Fri, 10 Oct 2025Rp1077.5tRp72.2tRp3.5t28.4x304.8x14.9x
Sun, 07 Sep 2025Rp965.2tRp72.2tRp3.5t29.6x273.1x13.4x
Tue, 05 Aug 2025Rp945.6tRp74.0tRp3.6t45.7x263.5x12.8x
Thu, 03 Jul 2025Rp462.0tRp69.2tRp3.4t45.7x134.7x6.7x
Sat, 31 May 2025Rp458.1tRp69.2tRp3.4t46.2x133.5x6.6x
Mon, 28 Apr 2025Rp502.4tRp71.6tRp3.2t35.8x156.3x7x
Wed, 26 Mar 2025Rp504.0tRp71.2tRp2.5t42.3x204.3x7.1x
Fri, 21 Feb 2025Rp270.0tRp70.4tRp2.3t45x118.8x3.8x
Sun, 19 Jan 2025Rp164.8tRp70.4tRp2.3t31.1x72.5x2.3x
Tue, 17 Dec 2024Rp169.6tRp70.2tRp2.3t31.4x74.2x2.4x
Thu, 14 Nov 2024Rp179.6tRp71.8tRp2.2t28.7x81.3x2.5x
Sat, 12 Oct 2024Rp162.3tRp70.7tRp1.9t30.1x85.2x2.3x
Mon, 09 Sep 2024Rp133.5tRp70.3tRp1.9t19.7x72.1x1.9x
Wed, 07 Aug 2024Rp126.9tRp70.3tRp1.9t13.1x68.1x1.8x
Fri, 05 Jul 2024Rp124.2tRp71.3tRp1.3t12.6x93.1x1.7x
Sun, 02 Jun 2024Rp113.5tRp70.4tRp1.1t11.3x104.9x1.6x
Tue, 30 Apr 2024Rp113.6tRp60.6tRp975.8b21.3x116.4x1.9x
Thu, 28 Mar 2024Rp112.1tRp60.9tRp1.6t18.9x72.2x1.8x
Sat, 24 Feb 2024Rp115.4tRp60.8tRp1.5t21.5x74.5x1.9x
Mon, 22 Jan 2024Rp133.3tRp64.1tRp1.6t27.9x80.9x2.1x
Wed, 20 Dec 2023Rp144.8tRp64.1tRp1.6t28.2x89.1x2.3x
Fri, 17 Nov 2023Rp114.4tRp64.5tRp1.6t23.4x70.4x1.8x
Sun, 15 Oct 2023Rp120.5tRp62.0tRp1.6t25x77x1.9x
Tue, 12 Sep 2023Rp115.1tRp62.0tRp1.6t26.5x73.7x1.9x
Thu, 10 Aug 2023Rp118.7tRp70.1tRp1.6t30.4x76.1x1.7x
Sat, 08 Jul 2023Rp122.1tRp69.5tRp2.1t33.2x57x1.8x
Mon, 05 Jun 2023Rp125.9tRp69.4tRp2.1t36.6x59x1.8x
Wed, 03 May 2023Rp134.2tRp69.1tRp2.2t40.6x60.2x1.9x
Fri, 31 Mar 2023Rp135.0tRp60.4tRp2.1t34.6x63.4x2.2x
Price to Earnings Ratio

63.4x


Total Market Cap: Rp135.0tTotal Earnings: Rp2.1tTotal Revenue: Rp60.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 124.3x202420252026
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 Market1.08%
Tech4.79%
IT4.87%
Software2.84%
Electronic Equipment and Components2.56%
Communications0.90%
Tech Hardware0.079%
Semiconductors0%0
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
TRON Teknologi Karya Digital NusaRp115.006.5%
+Rp20.7b		16.2%PS3.6x
KREN Quantum Clovera InvestamaRp17.006.3%
+Rp18.2b		88.9%PS0.06x
CHIP Pelita Teknologi GlobalRp1.14k1.3%
+Rp12.1b		-20.6%PE194.7x

Latest News

CYBR
Rp1,370.00
ITSEC Asia
7D
-4.9%
1Y
122.8%
TRON
Rp115.00
Teknologi Karya Digital Nusa
7D
6.5%
1Y
16.2%
KREN
Rp17.00
Quantum Clovera Investama
7D
6.3%
1Y
88.9%
CHIP
Rp1,140.00
Pelita Teknologi Global
7D
1.3%
1Y
-20.6%
IOTF
Rp56.00
Sumber Sinergi Makmur
7D
-1.8%
1Y
-52.5%