Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Indonesian (IDX) Tech Sector Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies33
  • 7D-3.7%
  • 3M-2.7%
  • 1Y15.1%
  • YTD17.8%

Over the last 7 days, the Tech industry has dropped 3.7%, driven by a pullback from Multipolar Technology of 12%. On the other hand ITSEC Asia is actually up 10%. Over the past 12 months, the industry was up 15%. Earnings are forecast to grow by 6.5% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024Rp166.6tRp70.2tRp2.3t30.1x72.8x2.4x
Mon, 18 Nov 2024Rp190.0tRp71.8tRp2.2t29.1x86x2.6x
Wed, 16 Oct 2024Rp159.5tRp70.7tRp1.9t30x83.7x2.3x
Fri, 13 Sep 2024Rp165.5tRp70.3tRp1.9t22.2x89.3x2.4x
Sun, 11 Aug 2024Rp127.4tRp70.3tRp1.9t13.8x68.6x1.8x
Tue, 09 Jul 2024Rp124.4tRp71.3tRp1.3t12.6x93.3x1.7x
Thu, 06 Jun 2024Rp112.8tRp70.3tRp1.1t11.7x105.2x1.6x
Sat, 04 May 2024Rp112.5tRp61.6tRp1.0t21.1x110.4x1.8x
Mon, 01 Apr 2024Rp112.8tRp61.0tRp1.5t20.2x73.5x1.9x
Wed, 28 Feb 2024Rp114.0tRp60.9tRp1.5t22.6x73.6x1.9x
Fri, 26 Jan 2024Rp130.9tRp64.2tRp1.7t26x79.3x2x
Sun, 24 Dec 2023Rp145.8tRp64.1tRp1.6t27.6x89.8x2.3x
Tue, 21 Nov 2023Rp122.9tRp64.5tRp1.6t28.2x75.7x1.9x
Thu, 19 Oct 2023Rp120.1tRp62.0tRp1.6t24.7x76.7x1.9x
Sat, 16 Sep 2023Rp116.2tRp62.0tRp1.6t27.2x74.4x1.9x
Mon, 14 Aug 2023Rp121.3tRp73.2tRp1.7t27.4x70x1.7x
Wed, 12 Jul 2023Rp122.3tRp69.6tRp2.1t34.5x57x1.8x
Fri, 09 Jun 2023Rp126.6tRp69.5tRp2.1t35.1x59.2x1.8x
Sun, 07 May 2023Rp128.3tRp69.2tRp2.2t40.6x57.8x1.9x
Tue, 04 Apr 2023Rp136.1tRp60.4tRp2.1t33.5x64x2.3x
Thu, 02 Mar 2023Rp139.6tRp73.5tRp1.9t29.7x72.9x1.9x
Sat, 28 Jan 2023Rp136.9tRp73.7tRp1.9t23.8x70.8x1.9x
Mon, 26 Dec 2022Rp144.5tRp73.7tRp1.7t21.4x85.6x2x
Wed, 23 Nov 2022Rp142.5tRp72.9tRp2.4t20.4x59.3x2x
Fri, 21 Oct 2022Rp156.6tRp116.4tRp3.2t23x48.6x1.3x
Sun, 18 Sep 2022Rp169.7tRp116.4tRp3.2t20x52.6x1.5x
Tue, 16 Aug 2022Rp163.1tRp102.0tRp4.3t19.7x38.2x1.6x
Thu, 14 Jul 2022Rp179.0tRp99.3tRp4.0t20.6x44.9x1.8x
Sat, 11 Jun 2022Rp167.7tRp98.1tRp4.0t27.8x42x1.7x
Mon, 09 May 2022Rp182.9tRp101.3tRp3.4t24.7x54.2x1.8x
Wed, 06 Apr 2022Rp183.2tRp96.5tRp3.3t32.5x56.3x1.9x
Fri, 04 Mar 2022Rp183.4tRp96.4tRp3.2t42.7x56.7x1.9x
Sun, 30 Jan 2022Rp190.6tRp96.4tRp3.2t48.8x58.9x2x
Tue, 28 Dec 2021Rp176.5tRp96.3tRp3.3t55.4x53.6x1.8x
Price to Earnings Ratio

53.6x


Total Market Cap: Rp176.5tTotal Earnings: Rp3.3tTotal Revenue: Rp96.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 70.4x202220232024
Current Industry PE
  • Investors are relatively neutral on the Indonesian Information Technology industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 70.4x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 11% per year over the last three years,
  • Revenues have also declined 10% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

ID Market-3.62%
Tech-3.74%
Semiconductors0%
Electronic Equipment and Components-0.50%
IT-3.82%
Tech Hardware-3.95%
Software-11.67%
Communications-13.81%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 341x.
    • Analysts are expecting annual earnings growth of 6.5%, which is lower than the prior year's growth of 25.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 6.5% over the next 5 years.
  • However this is lower than its past earnings growth rate of 25% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 6.5% 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 AsiaRp384.0010.3%
+Rp232.2b		95.9%PS10.4x
GPSO Geoprima SolusiRp1.23k17.8%
+Rp123.3b		768.8%PS62.6x
NINE Techno9 IndonesiaRp90.0055.2%
+Rp69.0b		1,025.0%PS43.3x
CCSI Communication Cable Systems IndonesiaRp260.0012.1%
+Rp33.6b		-47.8%PS1.1x
TRON Teknologi Karya Digital NusaRp135.008.9%
+Rp32.5b		-45.6%PE47.9x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

MLPT

Rp18,000.00

Multipolar Technology

7D

-12.2%

1Y

1,084.2%

GPSO

Rp1,225.00

Geoprima Solusi

7D

17.8%

1Y

768.8%

MTDL

Rp605.00

Metrodata Electronics

7D

-3.2%

1Y

18.6%

MSTI

Rp1,500.00

Mastersystem Infotama

7D

-2.9%

1Y

11.1%

CYBR

Rp384.00

ITSEC Asia

7D

10.3%

1Y

95.9%

EDGE

Rp3,730.00

Indointernet

7D

-3.4%

1Y

-31.9%

DCII

Rp42,100.00

DCI Indonesia

7D

-0.9%

1Y

-4.1%

AREA

Rp182.00

Dunia Virtual Online

7D

-16.5%

1Y

n/a

NINE

Rp90.00

Techno9 Indonesia

7D

55.2%

1Y

1,025.0%

IRSX

Rp27.00

Aviana Sinar Abadi

7D

-35.7%

1Y

-46.0%

IOTF

Rp139.00

Sumber Sinergi Makmur

7D

-20.6%

1Y

-9.2%

TRON

Rp135.00

Teknologi Karya Digital Nusa

7D

8.9%

1Y

-45.6%

CCSI

Rp260.00

Communication Cable Systems Indonesia

7D

12.1%

1Y

-47.8%