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Indonesian (IDX) Tech Sector Analysis

UpdatedMar 30, 2026
DataAggregated Company Financials
Companies33
  • 7D-3.7%
  • 3M-20.3%
  • 1Y8.0%
  • YTD-22.0%

Over the last 7 days, the Tech industry has dropped 3.7%, driven by a pullback from DCI Indonesia of 4.2%. In contrast, Metrodata Electronics has gained 5.4%. This takes the industry's 12 month performance to a gain of 8.0%. 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
Mon, 30 Mar 2026Rp554.7tRp73.9tRp3.5t80.1x160.3x7.5x
Wed, 25 Feb 2026Rp628.1tRp73.3tRp3.5t70.4x177.4x8.6x
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
Price to Earnings Ratio

63.6x


Total Market Cap: Rp135.2tTotal Earnings: Rp2.1tTotal Revenue: Rp60.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 124.9x202420252026
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 160x which is higher than its 3-year average PE of 125x.
  • The 3-year average PS ratio of 4.7x is lower than the industry's current PS ratio of 7.5x.
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 7.0% 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-0.31%
Tech-3.70%
Communications7.95%
Electronic Equipment and Components5.08%
Semiconductors0%0
Tech Hardware-0.15%
Software-0.88%
IT-3.92%
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
DCII DCI IndonesiaRp209.75k0.4%
+Rp1.8t
24.9%PE499.3x
MLPT Multipolar TechnologyRp15.93k4.8%
+Rp1.4t
-60.9%PE88.7x
INET Sinergi Inti Andalan PrimaRp260.004.0%
+Rp223.7b
165.3%PE312.8x
MTDL Metrodata ElectronicsRp575.002.7%
+Rp184.2b
5.5%PE8.7x
MSTI Mastersystem InfotamaRp1.37k4.2%
+Rp172.7b
-2.5%PE7.8x

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