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Indonesian (IDX) Tech Sector Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies28
  • 7D0.9%
  • 3M-10.1%
  • 1Y-26.7%
  • YTD-28.6%

Over the last 7 days, the Tech industry has remained flat, although notably M Cash Integrasi gained 20%. Unfortunately though, the industry is down 27% over the past 12 months. Earnings are forecast to grow by 73% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Dec 2022Rp144.6tRp80.5tRp1.6t23.3x90.8x1.8x
Mon, 31 Oct 2022Rp154.8tRp117.3tRp3.2t21.1x48.2x1.3x
Wed, 28 Sep 2022Rp168.9tRp116.4tRp3.2t26.6x52.3x1.5x
Fri, 26 Aug 2022Rp166.5tRp102.4tRp3.6t19.7x45.6x1.6x
Sun, 24 Jul 2022Rp176.9tRp100.9tRp4.1t19.7x43.3x1.8x
Tue, 21 Jun 2022Rp159.6tRp98.2tRp4.0t24.6x39.9x1.6x
Thu, 19 May 2022Rp179.3tRp101.2tRp3.5t40.5x51.2x1.8x
Sat, 16 Apr 2022Rp187.9tRp99.5tRp3.4t28.2x55.8x1.9x
Mon, 14 Mar 2022Rp178.8tRp96.4tRp3.3t41.2x54.5x1.9x
Wed, 09 Feb 2022Rp188.4tRp96.4tRp3.2t48x58.2x2x
Fri, 07 Jan 2022Rp209.3tRp96.4tRp3.2t91.6x64.6x2.2x
Sun, 05 Dec 2021Rp199.9tRp96.2tRp3.3t47.9x60.8x2.1x
Tue, 02 Nov 2021Rp209.5tRp93.0tRp2.7t61.6x78.6x2.3x
Thu, 30 Sep 2021Rp207.8tRp93.1tRp2.6t86x78.5x2.2x
Sat, 28 Aug 2021Rp241.3tRp93.2tRp2.6t54.5x91.5x2.6x
Sun, 04 Jul 2021Rp237.8tRp93.2tRp2.6t41.7x90.1x2.6x
Wed, 07 Apr 2021Rp77.6tRp88.1tRp1.7t23.8x47x0.9x
Sat, 09 Jan 2021Rp35.7tRp85.8tRp763.4b35.8x46.8x0.4x
Fri, 02 Oct 2020Rp30.5tRp89.8tRp871.0b28x35x0.3x
Mon, 06 Jul 2020Rp29.4tRp94.5tRp885.7b20.2x33.2x0.3x
Thu, 09 Apr 2020Rp23.3tRp99.3tRp1.0t11.2x23.1x0.2x
Wed, 01 Jan 2020Rp34.5tRp96.8tRp1.1t27.7x31x0.4x
Price to Earnings Ratio

26.1x


Total Market Cap: Rp35.1tTotal Earnings: Rp1.3tTotal Revenue: Rp92.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 50.3x202020212022
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 90.8x which is higher than its 3-year average PE of 50.3x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 5.8% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.4% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Indonesian Tech sector?

ID Market0.33%
Tech0.89%
Communications6.62%
Electronic Equipment and Components2.41%
IT1.60%
Semiconductors0%
Tech Hardware-3.04%
Software-5.05%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 443x.
    • Analysts expect its future annual earnings growth (69.9%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Software industry, expecting annual earnings growth of 76% over the next 5 years.
  • This is better than its past earnings decline of 93% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 70% 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
MCAS M Cash IntegrasiRp9.00k20.0%
+Rp1.3t
-25.0%PE285.2x
TECH Indosterling TechnomediaRp4.25k26.5%
+Rp1.1t
-43.1%PE956.7x
GLVA Galva TechnologiesRp470.0020.5%
+Rp120.0b
70.3%PE10.4x
KETR Ketrosden TriasmitraRp256.0015.3%
+Rp96.6b
n/aPE8x
MTDL Metrodata ElectronicsRp585.000.9%
+Rp61.4b
-20.5%PE13.6x
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Latest News

SLIS

Rp252.00

Gaya Abadi Sempurna

7D

11.5%

1Y

-84.0%

KETR

Rp256.00

Ketrosden Triasmitra

7D

15.3%

1Y

n/a

ATIC

Rp400.00

Anabatic Technologies

7D

2.6%

1Y

-38.9%

TFAS

Rp3,100.00

Telefast Indonesia

7D

-4.6%

1Y

-35.3%

AXIO

Rp248.00

Tera Data Indonusa

7D

-3.9%

1Y

n/a

DMMX

Rp1,130.00

Digital Mediatama Maxima

7D

-4.6%

1Y

-57.5%

DIVA

Rp895.00

Distribusi Voucher Nusantara

7D

-9.1%

1Y

-55.3%

GLVA

Rp470.00

Galva Technologies

7D

20.5%

1Y

70.3%

EDGE

Rp20,300.00

Indointernet

7D

-0.9%

1Y

-9.6%

WIRG

Rp179.00

WIR ASIA

7D

-5.8%

1Y

n/a

WGSH

Rp145.00

Wira Global Solusi

7D

1.4%

1Y

n/a

MCAS

Rp9,000.00

M Cash Integrasi

7D

20.0%

1Y

-25.0%

DCII

Rp36,325.00

DCI Indonesia

7D

-0.4%

1Y

-17.3%