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Indonesian (IDX) Tech Sector Analysis

UpdatedJan 08, 2026
DataAggregated Company Financials
Companies34
  • 7D9.1%
  • 3M-34.0%
  • 1Y308.2%
  • YTD1.6%

The Tech industry is up 9.1% in the last week, with DCI Indonesia up 9.3%. During this same period, the Sinergi Inti Andalan Prima underperformed, falling 22%. This takes the industry's 12 month performance to a gain of 308%. As for the next few years, earnings are expected to grow by 24% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Jan 2026Rp712.2tRp73.3tRp3.5t66.8x201.4x9.7x
Sat, 06 Dec 2025Rp762.6tRp73.4tRp3.5t62x216.8x10.4x
Mon, 03 Nov 2025Rp817.8tRp73.0tRp3.6t24.7x224.3x11.2x
Wed, 01 Oct 2025Rp974.7tRp72.3tRp3.5t27.1x275.6x13.5x
Fri, 29 Aug 2025Rp960.9tRp72.2tRp3.5t29.9x272x13.3x
Sun, 27 Jul 2025Rp927.5tRp72.6tRp3.5t46x262.7x12.8x
Tue, 24 Jun 2025Rp469.4tRp69.2tRp3.4t41.9x136.8x6.8x
Thu, 22 May 2025Rp450.7tRp70.2tRp3.4t48.4x131.4x6.4x
Sat, 19 Apr 2025Rp465.7tRp71.2tRp2.9t32.9x158.7x6.5x
Mon, 17 Mar 2025Rp547.2tRp71.1tRp2.5t45.2x220.4x7.7x
Wed, 12 Feb 2025Rp203.2tRp70.4tRp2.3t29.2x89.4x2.9x
Fri, 10 Jan 2025Rp173.0tRp70.4tRp2.3t29.3x76.1x2.5x
Sun, 08 Dec 2024Rp180.8tRp70.1tRp2.3t31.7x79.1x2.6x
Tue, 05 Nov 2024Rp173.2tRp71.6tRp2.2t30.4x78.9x2.4x
Thu, 03 Oct 2024Rp169.2tRp70.3tRp1.8t29.4x91.5x2.4x
Sat, 31 Aug 2024Rp130.5tRp70.3tRp1.9t18.8x70.5x1.9x
Mon, 29 Jul 2024Rp134.5tRp72.0tRp1.3t13.1x100.4x1.9x
Wed, 26 Jun 2024Rp117.7tRp71.3tRp1.3t12.5x88.2x1.7x
Fri, 24 May 2024Rp116.7tRp70.3tRp1.1t12.5x107.9x1.7x
Sun, 21 Apr 2024Rp110.7tRp60.6tRp978.9b21.6x113.1x1.8x
Tue, 19 Mar 2024Rp114.7tRp60.8tRp1.5t20.1x75.4x1.9x
Thu, 15 Feb 2024Rp123.8tRp61.8tRp1.8t20.1x68.8x2x
Sat, 13 Jan 2024Rp134.4tRp64.1tRp1.6t29.1x81.6x2.1x
Mon, 11 Dec 2023Rp149.8tRp64.1tRp1.6t27.7x92.7x2.3x
Wed, 08 Nov 2023Rp119.8tRp64.5tRp1.6t28.5x74.5x1.9x
Fri, 06 Oct 2023Rp119.3tRp62.0tRp1.6t25.3x76.2x1.9x
Sun, 03 Sep 2023Rp118.7tRp73.3tRp1.8t28.1x67.4x1.6x
Tue, 01 Aug 2023Rp122.4tRp70.0tRp2.2t37.4x55.4x1.7x
Thu, 29 Jun 2023Rp127.8tRp69.5tRp2.1t32.4x59.7x1.8x
Sat, 27 May 2023Rp126.1tRp69.7tRp2.1t32.9x60x1.8x
Mon, 24 Apr 2023Rp132.5tRp61.3tRp2.1t41.7x61.9x2.2x
Wed, 22 Mar 2023Rp132.4tRp61.0tRp2.1t21.9x64.1x2.2x
Fri, 17 Feb 2023Rp139.5tRp73.5tRp1.9t34.4x72.9x1.9x
Sun, 15 Jan 2023Rp140.4tRp73.7tRp1.9t22.4x72.6x1.9x
Price to Earnings Ratio

72.6x


Total Market Cap: Rp140.4tTotal Earnings: Rp1.9tTotal Revenue: Rp73.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 116.8x202420252026
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 201x which is higher than its 3-year average PE of 117x.
  • The 3-year average PS ratio of 4.2x is lower than the industry's current PS ratio of 9.7x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 22% 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 Market3.12%
Tech9.13%
IT9.35%
Communications4.62%
Software2.69%
Electronic Equipment and Components2.55%
Tech Hardware2.54%
Semiconductors0%0
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 171x.
    • 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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.0x.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 24% 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 24% 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 IndonesiaRp218.50k9.3%
+Rp44.1t
396.6%PE444.4x
MLPT Multipolar TechnologyRp66.00k5.8%
+Rp6.8t
247.4%PE392.4x
IRSX Folago Global NusantaraRp670.007.2%
+Rp278.8b
1,761.1%PE197.3x
MDRN Modern InternasionalRp68.0054.5%
+Rp183.2b
871.4%PE14.4x
ATIC Anabatic TechnologiesRp715.0010.9%
+Rp162.1b
74.4%PE7x

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