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Indonesian (IDX) Tech Sector Analysis

UpdatedNov 11, 2025
DataAggregated Company Financials
Companies34
  • 7D0.4%
  • 3M-0.03%
  • 1Y399.0%
  • YTD377.7%

The Tech industry has been flat over the last week, but Multipolar Technology has lost 3.4%. As for the the longer term, the industry is up 399% over the past 12 months. As for the next few years, earnings are expected to grow by 9.9% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 11 Nov 2025Rp821.9tRp73.4tRp3.5t59.1x234.8x11.2x
Thu, 09 Oct 2025Rp1135.2tRp72.3tRp3.5t26.7x321.1x15.7x
Sat, 06 Sep 2025Rp965.2tRp72.2tRp3.5t29.6x273.1x13.4x
Mon, 04 Aug 2025Rp943.2tRp74.1tRp3.6t46.3x262.7x12.7x
Wed, 02 Jul 2025Rp468.7tRp69.2tRp3.4t45.7x136.6x6.8x
Fri, 30 May 2025Rp458.1tRp70.1tRp3.4t46.2x133.8x6.5x
Sun, 27 Apr 2025Rp502.4tRp71.6tRp3.2t35.8x156.3x7x
Tue, 25 Mar 2025Rp505.8tRp71.2tRp2.5t42x203.5x7.1x
Thu, 20 Feb 2025Rp216.6tRp70.4tRp2.3t31.1x95.3x3.1x
Sat, 18 Jan 2025Rp164.9tRp70.4tRp2.3t31.1x72.6x2.3x
Mon, 16 Dec 2024Rp173.1tRp70.2tRp2.3t31.1x75.7x2.5x
Wed, 13 Nov 2024Rp171.8tRp71.8tRp2.2t28.8x77.7x2.4x
Fri, 11 Oct 2024Rp162.3tRp70.7tRp1.9t28.8x85.2x2.3x
Sun, 08 Sep 2024Rp133.8tRp70.3tRp1.9t19.7x72.3x1.9x
Tue, 06 Aug 2024Rp127.0tRp70.3tRp1.9t13.3x68.2x1.8x
Thu, 04 Jul 2024Rp121.1tRp71.3tRp1.3t12.4x90.8x1.7x
Sat, 01 Jun 2024Rp113.9tRp70.4tRp1.1t11.3x105.2x1.6x
Mon, 29 Apr 2024Rp113.6tRp60.6tRp975.6b21.5x116.4x1.9x
Wed, 27 Mar 2024Rp111.8tRp60.9tRp1.6t18.9x72x1.8x
Fri, 23 Feb 2024Rp115.5tRp60.8tRp1.5t21.3x74.6x1.9x
Sun, 21 Jan 2024Rp133.3tRp64.1tRp1.6t27.9x80.9x2.1x
Tue, 19 Dec 2023Rp144.8tRp64.1tRp1.6t27.9x89.2x2.3x
Thu, 16 Nov 2023Rp114.9tRp64.5tRp1.6t23.4x70.8x1.8x
Sat, 14 Oct 2023Rp120.6tRp62.0tRp1.6t25x77.1x1.9x
Mon, 11 Sep 2023Rp115.1tRp62.0tRp1.6t26.6x73.7x1.9x
Wed, 09 Aug 2023Rp118.8tRp70.1tRp1.6t33.9x76.5x1.7x
Fri, 07 Jul 2023Rp122.1tRp69.5tRp2.1t33.1x57x1.8x
Sun, 04 Jun 2023Rp125.9tRp70.1tRp2.1t36.6x59.2x1.8x
Tue, 02 May 2023Rp134.4tRp69.1tRp2.2t40.6x60.2x1.9x
Thu, 30 Mar 2023Rp135.3tRp60.4tRp2.1t32.3x63.6x2.2x
Sat, 25 Feb 2023Rp139.3tRp73.5tRp1.9t31.1x72.7x1.9x
Mon, 23 Jan 2023Rp138.8tRp73.7tRp1.9t24x71.8x1.9x
Wed, 21 Dec 2022Rp141.8tRp73.7tRp1.7t20.9x84x1.9x
Fri, 18 Nov 2022Rp145.4tRp72.8tRp2.4t20.4x61.1x2x
Price to Earnings Ratio

61.1x


Total Market Cap: Rp145.4tTotal Earnings: Rp2.4tTotal Revenue: Rp72.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 109.3x202320242025
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 235x which is higher than its 3-year average PE of 109x.
  • The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 11.2x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 14% 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 Market1.78%
Tech0.41%
Tech Hardware5.45%
IT0.42%
Semiconductors0%0
Communications-0.53%
Electronic Equipment and Components-0.56%
Software-2.61%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 50.3x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 9.9% 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 9.9% 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 IndonesiaRp262.00k0.6%
+Rp3.5t
539.0%PE532.9x
INET Sinergi Inti Andalan PrimaRp428.0048.6%
+Rp1.1t
529.4%PE396.8x
GLVA Galva TechnologiesRp460.0032.2%
+Rp168.0b
30.7%PE14.4x
IRSX Folago Global NusantaraRp230.0015.0%
+Rp150.0b
1,669.2%PS2.5x
WIRG WIR ASIARp112.008.7%
+Rp107.4b
-4.3%PE14.9x

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