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Indonesian (IDX) Tech Sector Analysis

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies33
  • 7D1.3%
  • 3M-19.6%
  • 1Y11.6%
  • YTD-19.3%

The Tech industry is up 2.8% in the last week, with Multipolar Technology up 33%. This takes the industry's 12 month performance to a gain of 25%. As for the next few years, earnings are expected to grow by 21% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026Rp573.9tRp75.3tRp3.5t80.1x163.6x7.6x
Thu, 19 Mar 2026Rp576.0tRp73.4tRp3.4t80.1x169.4x7.8x
Sat, 14 Feb 2026Rp655.1tRp73.4tRp3.5t70.4x185x8.9x
Mon, 12 Jan 2026Rp698.2tRp73.4tRp3.5t66.1x197.4x9.5x
Wed, 10 Dec 2025Rp775.2tRp73.5tRp3.5t61.4x220.4x10.6x
Fri, 07 Nov 2025Rp817.9tRp73.4tRp3.5t58.4x234.4x11.1x
Sun, 05 Oct 2025Rp1063.5tRp72.3tRp3.5t27.4x300.8x14.7x
Tue, 02 Sep 2025Rp961.1tRp72.2tRp3.5t29.5x272x13.3x
Thu, 31 Jul 2025Rp941.3tRp73.2tRp3.5t45.7x269.1x12.9x
Sat, 28 Jun 2025Rp468.7tRp69.2tRp3.4t46.9x136.6x6.8x
Mon, 26 May 2025Rp453.4tRp70.1tRp3.4t48.9x132.2x6.5x
Wed, 23 Apr 2025Rp512.2tRp71.2tRp2.9t36.1x174.4x7.2x
Fri, 21 Mar 2025Rp510.5tRp71.2tRp2.5t45.2x205.5x7.2x
Sun, 16 Feb 2025Rp202.7tRp70.4tRp2.3t31.7x89.2x2.9x
Tue, 14 Jan 2025Rp165.3tRp70.4tRp2.3t29x72.6x2.3x
Thu, 12 Dec 2024Rp173.7tRp70.2tRp2.3t31.7x76x2.5x
Sat, 09 Nov 2024Rp152.4tRp71.8tRp2.2t29.2x69x2.1x
Mon, 07 Oct 2024Rp163.4tRp70.7tRp1.9t27.6x85.8x2.3x
Wed, 04 Sep 2024Rp131.4tRp70.3tRp1.9t19.2x70.9x1.9x
Fri, 02 Aug 2024Rp129.8tRp72.1tRp1.3t13.4x96.6x1.8x
Sun, 30 Jun 2024Rp118.0tRp71.3tRp1.3t13x88.4x1.7x
Tue, 28 May 2024Rp116.7tRp70.4tRp1.1t11.8x108x1.7x
Thu, 25 Apr 2024Rp111.3tRp60.6tRp978.0b21.6x113.8x1.8x
Sat, 23 Mar 2024Rp112.4tRp60.9tRp1.6t18.9x72.4x1.8x
Mon, 19 Feb 2024Rp124.7tRp61.8tRp1.8t20.7x69.2x2x
Wed, 17 Jan 2024Rp133.5tRp64.1tRp1.6t28.2x81x2.1x
Fri, 15 Dec 2023Rp141.6tRp64.1tRp1.6t28.5x87.2x2.2x
Sun, 12 Nov 2023Rp120.4tRp64.5tRp1.6t27.8x74x1.9x
Tue, 10 Oct 2023Rp120.5tRp62.0tRp1.6t26.4x77x1.9x
Thu, 07 Sep 2023Rp116.3tRp70.2tRp1.6t27.5x73.7x1.7x
Sat, 05 Aug 2023Rp118.8tRp69.8tRp1.7t36.8x70.2x1.7x
Mon, 03 Jul 2023Rp127.8tRp69.5tRp2.1t32.4x59.7x1.8x
Wed, 31 May 2023Rp128.6tRp69.7tRp2.1t36x61.2x1.8x
Fri, 28 Apr 2023Rp134.0tRp69.1tRp2.2t40x60x1.9x
Price to Earnings Ratio

60x


Total Market Cap: Rp134.0tTotal Earnings: Rp2.2tTotal Revenue: Rp69.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 126.9x202420252026
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 166x which is higher than its 3-year average PE of 127x.
  • The 3-year average PS ratio of 4.8x 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 16% per year over the last three years.
  • Revenues for these companies have grown 3.0% 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 Market1.38%
Tech1.32%
Software6.76%
Electronic Equipment and Components5.18%
Communications4.35%
IT1.20%
Tech Hardware0.86%
Semiconductors0%0
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 223x.
    • 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 10.8x.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 21% 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 21% 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
MLPT Multipolar TechnologyRp24.65k33.1%
+Rp11.5t		-33.4%PE137.4x
INET Sinergi Inti Andalan PrimaRp330.007.8%
+Rp537.0b		192.0%PE301.5x
MTDL Metrodata ElectronicsRp605.006.1%
+Rp429.7b		8.0%PE9.1x
IRSX Folago Global NusantaraRp470.008.8%
+Rp235.4b		1,707.7%PE115.3x
PTSN Sat NusapersadaRp314.005.4%
+Rp85.0b		61.9%PE6.9x

Latest News

CYBR
Rp1,355.00
ITSEC Asia
7D
-4.9%
1Y
41.1%
INET
Rp330.00
Sinergi Inti Andalan Prima
7D
7.8%
1Y
192.0%
MLPT
Rp24,650.00
Multipolar Technology
7D
33.1%
1Y
-33.4%
DIVA
Rp163.00
Distribusi Voucher Nusantara
7D
-3.6%
1Y
114.5%
IRSX
Rp470.00
Folago Global Nusantara
7D
8.8%
1Y
1,707.7%
WGSH
Rp127.00
Wira Global Solusi
7D
17.6%
1Y
30.9%
PTSN
Rp314.00
Sat Nusapersada
7D
5.4%
1Y
61.9%
TRON
Rp152.00
Teknologi Karya Digital Nusa
7D
-10.6%
1Y
21.6%
KIOS
Rp116.00
Kioson Komersial Indonesia
7D
-0.9%
1Y
132.0%
CHIP
Rp1,060.00
Pelita Teknologi Global
7D
-0.5%
1Y
-26.4%
GPSO
Rp358.00
Geoprima Solusi
7D
17.0%
1Y
-2.2%
MTDL
Rp605.00
Metrodata Electronics
7D
6.1%
1Y
8.0%
ELIT
Rp206.00
Data Sinergitama Jaya
7D
-6.4%
1Y
15.1%
DCII
Rp199,200.00
DCI Indonesia
7D
-1.0%
1Y
17.2%
NINE
Rp151.00
Techno9 Indonesia
7D
12.7%
1Y
33.6%