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Indonesian (IDX) Tech Sector Analysis

UpdatedApr 08, 2026
DataAggregated Company Financials
Companies33
  • 7D-3.5%
  • 3M-22.7%
  • 1Y20.6%
  • YTD-21.7%

Over the last 7 days, the Tech industry has dropped 3.5%, driven by a pullback from DCI Indonesia of 3.8%. Meanwhile, ITSEC Asia actually outperformed within the industry, gaining 14% in the last week. This takes the industry's 12 month performance to a gain of 21%. Looking forward, earnings are forecast to grow by 20% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Apr 2026Rp556.9tRp75.5tRp3.5t68x159.4x7.4x
Fri, 06 Mar 2026Rp578.1tRp73.1tRp3.4t70.4x170.4x7.9x
Sun, 01 Feb 2026Rp614.8tRp73.3tRp3.5t67.9x173.7x8.4x
Tue, 30 Dec 2025Rp678.4tRp73.3tRp3.5t67.6x191.8x9.3x
Thu, 27 Nov 2025Rp810.6tRp73.4tRp3.5t60.9x231.2x11x
Sat, 25 Oct 2025Rp859.7tRp72.4tRp3.6t25.6x238.9x11.9x
Mon, 22 Sep 2025Rp1053.3tRp72.3tRp3.5t28x297.9x14.6x
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
Price to Earnings Ratio

61.4x


Total Market Cap: Rp133.0tTotal Earnings: Rp2.2tTotal Revenue: Rp60.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 125.7x202420252026
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 159x which is higher than its 3-year average PE of 126x.
  • The 3-year average PS ratio of 4.8x is lower than the industry's current PS ratio of 7.4x.
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 7.7% 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 Market-1.63%
Tech-3.46%
Electronic Equipment and Components2.46%
Communications0.84%
Semiconductors0%0
Tech Hardware-1.00%
Software-1.34%
IT-3.60%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 220x.
    • 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 20% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 20% 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 AsiaRp1.54k14.1%
+Rp1.3t		110.3%PE158.8x
MLPT Multipolar TechnologyRp15.18k3.1%
+Rp843.8b		-56.6%PE84.6x
INET Sinergi Inti Andalan PrimaRp286.002.9%
+Rp179.0b		228.7%PE261.3x
MSTI Mastersystem InfotamaRp1.43k3.2%
+Rp141.3b		8.3%PE8.2x
TRON Teknologi Karya Digital NusaRp170.0022.3%
+Rp91.5b		78.9%PS8.1x

Latest News

WGSH
Rp107.00
Wira Global Solusi
7D
-16.4%
1Y
8.6%
MSTI
Rp1,430.00
Mastersystem Infotama
7D
3.2%
1Y
8.3%
CYBR
Rp1,535.00
ITSEC Asia
7D
14.1%
1Y
110.3%
MLPT
Rp15,175.00
Multipolar Technology
7D
3.1%
1Y
-56.6%
IRSX
Rp418.00
Folago Global Nusantara
7D
-0.9%
1Y
1,800.0%
TRON
Rp170.00
Teknologi Karya Digital Nusa
7D
22.3%
1Y
78.9%
WIRG
Rp84.00
WIR ASIA
7D
3.7%
1Y
15.1%
GLVA
Rp328.00
Galva Technologies
7D
-3.0%
1Y
5.1%
AREA
Rp338.00
Dunia Virtual Online
7D
11.2%
1Y
-6.1%
PMUI
Rp91.00
Prima Multi Usaha Indonesia
7D
-2.2%
1Y
n/a
ATIC
Rp525.00
Anabatic Technologies
7D
2.9%
1Y
27.4%
SLIS
Rp83.00
Gaya Abadi Sempurna
7D
-4.6%
1Y
66.0%
INET
Rp286.00
Sinergi Inti Andalan Prima
7D
2.9%
1Y
228.7%
ZYRX
Rp141.00
Zyrexindo Mandiri Buana
7D
-4.1%
1Y
21.6%
ELIT
Rp210.00
Data Sinergitama Jaya
7D
-2.8%
1Y
30.4%
DCII
Rp201,825.00
DCI Indonesia
7D
-3.8%
1Y
31.9%