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Indonesian (IDX) Tech Sector Analysis

UpdatedJan 23, 2026
DataAggregated Company Financials
Companies34
  • 7D-0.7%
  • 3M-20.0%
  • 1Y290.0%
  • YTD-1.9%

The Tech industry has stayed flat over the last week. As for the the longer term, the industry is up 290% over the past 12 months. As for the next few years, earnings are expected to grow by 23% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 23 Jan 2026Rp687.9tRp73.4tRp3.5t67.6x194.5x9.4x
Sun, 21 Dec 2025Rp751.6tRp73.3tRp3.5t67.1x212.1x10.2x
Tue, 18 Nov 2025Rp820.8tRp73.5tRp3.5t57.3x234.4x11.2x
Thu, 16 Oct 2025Rp1009.6tRp72.3tRp3.5t25.1x285.6x14x
Sat, 13 Sep 2025Rp899.4tRp72.2tRp3.5t29.5x254.5x12.5x
Mon, 11 Aug 2025Rp792.0tRp72.2tRp3.5t28.3x223.5x11x
Wed, 09 Jul 2025Rp455.3tRp69.2tRp3.4t42.2x132.7x6.6x
Fri, 06 Jun 2025Rp456.9tRp69.2tRp3.4t42.2x133.2x6.6x
Sun, 04 May 2025Rp496.9tRp71.7tRp3.3t39.9x152.5x6.9x
Tue, 01 Apr 2025Rp511.6tRp71.1tRp2.4t43.4x213.2x7.2x
Thu, 27 Feb 2025Rp398.1tRp70.4tRp2.3t48.9x175.2x5.7x
Sat, 25 Jan 2025Rp172.1tRp70.4tRp2.3t29.8x75.8x2.4x
Mon, 23 Dec 2024Rp166.6tRp70.2tRp2.3t30.1x72.8x2.4x
Wed, 20 Nov 2024Rp190.9tRp71.8tRp2.2t28.8x85.5x2.7x
Fri, 18 Oct 2024Rp166.4tRp70.7tRp1.9t31.1x87.4x2.4x
Sun, 15 Sep 2024Rp181.5tRp70.3tRp1.9t23.9x98x2.6x
Tue, 13 Aug 2024Rp134.0tRp70.4tRp1.9t16x72.2x1.9x
Thu, 11 Jul 2024Rp125.3tRp71.3tRp1.3t12.6x94x1.8x
Sat, 08 Jun 2024Rp111.8tRp70.3tRp1.1t12.6x104.6x1.6x
Mon, 06 May 2024Rp113.4tRp71.5tRp1.1t14x107.7x1.6x
Wed, 03 Apr 2024Rp112.7tRp60.8tRp1.5t17.2x73.4x1.9x
Fri, 01 Mar 2024Rp111.9tRp60.9tRp1.6t22.5x72.2x1.8x
Sun, 28 Jan 2024Rp130.8tRp64.2tRp1.7t25.1x79.2x2x
Tue, 26 Dec 2023Rp145.8tRp64.1tRp1.6t27.6x89.8x2.3x
Thu, 23 Nov 2023Rp123.0tRp64.5tRp1.6t28.2x75.6x1.9x
Sat, 21 Oct 2023Rp119.5tRp62.0tRp1.6t25.7x76.3x1.9x
Mon, 18 Sep 2023Rp116.9tRp62.0tRp1.6t26.2x74.8x1.9x
Wed, 16 Aug 2023Rp121.1tRp73.1tRp1.8t26.3x68.6x1.7x
Fri, 14 Jul 2023Rp123.9tRp69.6tRp2.1t35.8x57.8x1.8x
Sun, 11 Jun 2023Rp127.6tRp69.5tRp2.1t34.5x59.7x1.8x
Tue, 09 May 2023Rp127.7tRp69.1tRp2.2t37.2x57.7x1.8x
Thu, 06 Apr 2023Rp135.2tRp60.4tRp2.1t33x63.6x2.2x
Sat, 04 Mar 2023Rp138.4tRp73.5tRp1.9t29.1x72.3x1.9x
Mon, 30 Jan 2023Rp136.9tRp73.7tRp1.9t23.8x70.8x1.9x
Price to Earnings Ratio

70.8x


Total Market Cap: Rp136.9tTotal Earnings: Rp1.9tTotal Revenue: Rp73.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 118.5x202420252026
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 194x which is higher than its 3-year average PE of 118x.
  • The 3-year average PS ratio of 4.3x is lower than the industry's current PS ratio of 9.4x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 22% 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-0.68%
Tech-0.75%
Tech Hardware0.54%
Electronic Equipment and Components0.39%
Semiconductors0%0
Communications-0.55%
IT-0.77%
Software-1.07%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 202x.
    • 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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.0x.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 23% 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 23% 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 IndonesiaRp219.78k0.8%
+Rp4.2t		388.4%PE447x
ELIT Data Sinergitama JayaRp354.0050.0%
+Rp238.4b		183.2%PE24.1x
EDGE IndointernetRp4.60k2.2%
+Rp202.0b		24.3%PE67.6x
TRON Teknologi Karya Digital NusaRp250.0012.6%
+Rp82.6b		79.9%PS7.8x
CYBR ITSEC AsiaRp1.76k0.6%
+Rp66.5b		315.9%PE214.8x

Latest News

ELIT
Rp354.00
Data Sinergitama Jaya
7D
50.0%
1Y
183.2%
MDRN
Rp65.00
Modern Internasional
7D
-26.1%
1Y
712.5%
IRSX
Rp715.00
Folago Global Nusantara
7D
-1.4%
1Y
2,206.5%
ATIC
Rp675.00
Anabatic Technologies
7D
-4.9%
1Y
64.6%
CYBR
Rp1,755.00
ITSEC Asia
7D
0.6%
1Y
315.9%
NINE
Rp202.00
Techno9 Indonesia
7D
-22.9%
1Y
n/a
KIOS
Rp165.00
Kioson Komersial Indonesia
7D
-28.9%
1Y
230.0%
TRON
Rp250.00
Teknologi Karya Digital Nusa
7D
12.6%
1Y
79.9%
MSTI
Rp1,420.00
Mastersystem Infotama
7D
1.1%
1Y
-3.1%
GLVA
Rp412.00
Galva Technologies
7D
3.0%
1Y
25.6%
KREN
Rp25.00
Quantum Clovera Investama
7D
-32.4%
1Y
177.8%
GPSO
Rp510.00
Geoprima Solusi
7D
-20.3%
1Y
60.4%
EDGE
Rp4,600.00
Indointernet
7D
2.2%
1Y
24.3%
MTDL
Rp590.00
Metrodata Electronics
7D
0.9%
1Y
4.4%
MLPT
Rp61,025.00
Multipolar Technology
7D
-1.6%
1Y
250.7%
DCII
Rp219,775.00
DCI Indonesia
7D
0.8%
1Y
388.4%