Indonesian (IDX) Tech Sector Analysis
- 7D-4.3%
- 3M-9.8%
- 1Y165.2%
- YTD370.1%
Over the last 7 days, the Tech industry has dropped 4.3%, driven by a pullback from DCI Indonesia of 4.5%. Meanwhile, Indosterling Technomedia actually outperformed within the industry, gaining 8.3% in the last week. This takes the industry's 12 month performance to a gain of 165%.
Sector Valuation and Performance
Has the Indonesian Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 06 Dec 2021 | Rp199.9t | Rp96.2t | Rp3.3t | 47.9x |
| Wed, 03 Nov 2021 | Rp208.4t | Rp93.7t | Rp2.7t | 183.1x |
| Fri, 01 Oct 2021 | Rp203.7t | Rp93.1t | Rp2.6t | 85.9x |
| Sun, 29 Aug 2021 | Rp241.3t | Rp93.2t | Rp2.6t | 54.5x |
| Mon, 05 Jul 2021 | Rp237.8t | Rp93.2t | Rp2.6t | 41.7x |
| Thu, 08 Apr 2021 | Rp77.6t | Rp88.1t | Rp1.7t | 23.8x |
| Sun, 10 Jan 2021 | Rp35.7t | Rp85.8t | Rp763.4b | 35.8x |
| Sat, 03 Oct 2020 | Rp30.5t | Rp89.8t | Rp871.0b | 28x |
| Tue, 07 Jul 2020 | Rp29.4t | Rp94.5t | Rp885.7b | 20.2x |
| Fri, 10 Apr 2020 | Rp23.3t | Rp99.3t | Rp1.0t | 11.2x |
| Thu, 02 Jan 2020 | Rp34.5t | Rp96.8t | Rp1.1t | 27.7x |
| Sun, 06 Oct 2019 | Rp27.9t | Rp91.6t | Rp1.3t | 18.9x |
| Wed, 10 Jul 2019 | Rp24.1t | Rp80.6t | Rp1.4t | 11.7x |
| Tue, 02 Apr 2019 | Rp24.7t | Rp77.7t | Rp1.5t | 19.9x |
| Fri, 04 Jan 2019 | Rp25.3t | Rp76.7t | Rp1.7t | 30.4x |
30.4x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 47.9x which is higher than its 3-year average PE of 28.5x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Information Technology industry have grown 24% per year over the last three years, and revenues for these companies have grown 7.9% 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?
| Tech Hardware | 4.16% | |
| Semiconductors | -1.71% | |
| Electronic Equipment and Components | -2.03% | |
| IT | -4.41% | |
| Communications | -5.22% | |
| Software | -5.98% | |
Industry PE: Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 59.0x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Communications industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 8.6x.
Forecasted Growth: Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 20% over the next 5 years. This is roughly in line with its past earnings growth rate.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| TECH Indosterling Technomedia | 8.3%+Rp722.4b | 3,876.1% | PE7676.5x | |
| ERAA Erajaya Swasembada | 2.5%+Rp238.5b | 76.6% | PE9.6x | |
| MLPT Multipolar Technology | 2.0%+Rp131.3b | 390.9% | PE28.8x | |
| ATIC Anabatic Technologies | 4.0%+Rp57.9b | 0.8% | PS0.3x | |
| ZYRX Zyrexindo Mandiri Buana | 6.3%+Rp46.7b | n/a | PE16.6x |