Header cover image

Indonesian (IDX) Tech Sector Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies33
  • 7D-4.1%
  • 3M-26.9%
  • 1Y2.2%
  • YTD-21.1%

Over the last 7 days, the Tech industry has dropped 4.1%, driven by DCI Indonesia declining 5.9%. In contrast, ITSEC Asia has gained 6.3%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 25% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Mar 2026Rp561.3tRp73.1tRp3.4t70.4x165.3x7.7x
Wed, 11 Feb 2026Rp659.7tRp73.3tRp3.5t70.4x186.3x9x
Fri, 09 Jan 2026Rp702.7tRp73.4tRp3.5t67x198.7x9.6x
Sun, 07 Dec 2025Rp762.6tRp73.4tRp3.5t62x216.8x10.4x
Tue, 04 Nov 2025Rp818.5tRp73.1tRp3.6t27.9x224.4x11.2x
Thu, 02 Oct 2025Rp1002.2tRp72.3tRp3.5t27.1x283.4x13.9x
Sat, 30 Aug 2025Rp1011.7tRp72.2tRp3.5t28.5x286.3x14x
Mon, 28 Jul 2025Rp927.5tRp72.6tRp3.5t46x262.7x12.8x
Wed, 25 Jun 2025Rp463.0tRp69.2tRp3.4t46.2x135x6.7x
Fri, 23 May 2025Rp452.3tRp70.2tRp3.4t48.3x131.8x6.4x
Sun, 20 Apr 2025Rp465.7tRp71.2tRp2.9t32.9x158.5x6.5x
Tue, 18 Mar 2025Rp458.1tRp71.1tRp2.5t46.6x184.5x6.4x
Thu, 13 Feb 2025Rp199.2tRp70.4tRp2.3t30.5x87.6x2.8x
Sat, 11 Jan 2025Rp165.4tRp70.4tRp2.3t29.2x72.7x2.3x
Mon, 09 Dec 2024Rp180.8tRp70.1tRp2.3t31.7x79.1x2.6x
Wed, 06 Nov 2024Rp171.0tRp71.6tRp2.2t29.9x77.9x2.4x
Fri, 04 Oct 2024Rp165.3tRp70.3tRp1.9t27.7x89.3x2.4x
Sun, 01 Sep 2024Rp130.3tRp70.3tRp1.9t18.8x70.3x1.9x
Tue, 30 Jul 2024Rp133.0tRp72.0tRp1.3t13.1x99.4x1.8x
Thu, 27 Jun 2024Rp117.6tRp71.3tRp1.3t12.4x88.1x1.6x
Sat, 25 May 2024Rp116.7tRp70.3tRp1.1t12.5x107.9x1.7x
Mon, 22 Apr 2024Rp110.7tRp60.6tRp978.9b21.6x113.1x1.8x
Wed, 20 Mar 2024Rp114.1tRp60.8tRp1.5t20.1x75x1.9x
Fri, 16 Feb 2024Rp122.8tRp61.8tRp1.8t20.9x68.1x2x
Sun, 14 Jan 2024Rp134.4tRp64.1tRp1.6t29.1x81.6x2.1x
Tue, 12 Dec 2023Rp148.2tRp64.1tRp1.6t26.9x91.2x2.3x
Thu, 09 Nov 2023Rp121.0tRp64.5tRp1.6t27.4x75.2x1.9x
Sat, 07 Oct 2023Rp120.2tRp61.9tRp1.6t25.2x77x1.9x
Mon, 04 Sep 2023Rp118.7tRp73.3tRp1.8t28.1x67.4x1.6x
Wed, 02 Aug 2023Rp122.9tRp70.0tRp2.2t36x55.6x1.8x
Fri, 30 Jun 2023Rp127.8tRp69.5tRp2.1t32.4x59.7x1.8x
Sun, 28 May 2023Rp125.7tRp69.7tRp2.1t32.9x59.8x1.8x
Tue, 25 Apr 2023Rp133.4tRp69.1tRp2.2t41.6x60.3x1.9x
Thu, 23 Mar 2023Rp132.4tRp61.0tRp2.1t21.9x64.1x2.2x
Price to Earnings Ratio

64.1x


Total Market Cap: Rp132.4tTotal Earnings: Rp2.1tTotal Revenue: Rp61.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 123.6x202420252026
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 165x 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 7.7x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 6.2% 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-7.00%
Tech-4.14%
Semiconductors0%0
Tech Hardware-2.65%
Electronic Equipment and Components-3.74%
IT-4.09%
Software-11.12%
Communications-12.74%
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 25% over the next 5 years.
  • This is better than its past earnings growth rate of 20% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 25% 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
CYBR ITSEC AsiaRp1.44k6.3%
+Rp564.9b
101.4%PE176.3x
MTDL Metrodata ElectronicsRp545.002.8%
+Rp184.2b
0%PE8.9x
RUNS Global Sukses SolusiRp110.0029.4%
+Rp24.5b
115.7%PE1396.6x
NINE Techno9 IndonesiaRp123.003.4%
+Rp8.6b
-50.4%PS30x

Latest News