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Indonesian (IDX) Tech Sector Analysis

UpdatedMar 18, 2026
DataAggregated Company Financials
Companies33
  • 7D-0.6%
  • 3M-25.3%
  • 1Y47.2%
  • YTD-19.0%

Over the last 7 days, the Tech industry has remained flat, although notably Multipolar Technology declined by 21%. As for the the longer term, the industry is up 47% over the past 12 months. 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, 19 Mar 2026Rp576.0tRp73.1tRp3.4t70.4x169.6x7.9x
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
Sun, 26 Mar 2023Rp132.7tRp61.0tRp2.1t31.5x63.9x2.2x
Price to Earnings Ratio

63.9x


Total Market Cap: Rp132.7tTotal Earnings: Rp2.1tTotal Revenue: Rp61.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 123.9x202420252026
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 170x which is higher than its 3-year average PE of 124x.
  • The 3-year average PS ratio of 4.7x is lower than the industry's current PS ratio of 7.9x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 6.2% 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 Market-5.70%
Tech-0.62%
Electronic Equipment and Components1.41%
Semiconductors0%0
IT-0.61%
Tech Hardware-2.65%
Communications-4.63%
Software-4.98%
Industry PE
  • Investors are most optimistic about the Software industry which is trading above its 3-year average PE ratio.
    • 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 10.9x.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • 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 IndonesiaRp208.98k1.9%
+Rp9.5t		50.4%PE497.5x
MTDL Metrodata ElectronicsRp560.005.7%
+Rp368.3b		1.8%PE9.1x
MSTI Mastersystem InfotamaRp1.32k1.2%
+Rp47.1b		-8.0%PE7.5x
WGSH Wira Global SolusiRp246.008.8%
+Rp20.9b		25.5%PE48.7x
NINE Techno9 IndonesiaRp124.005.1%
+Rp12.9b		-58.4%PS30.3x

Latest News

MDRN
Rp52.00
Modern Internasional
7D
-14.8%
1Y
550.0%
MSTI
Rp1,315.00
Mastersystem Infotama
7D
1.2%
1Y
-8.0%
MLPT
Rp15,200.00
Multipolar Technology
7D
-20.5%
1Y
-62.9%
DCII
Rp208,975.00
DCI Indonesia
7D
1.9%
1Y
50.4%
INET
Rp250.00
Sinergi Inti Andalan Prima
7D
-12.0%
1Y
119.3%
WIRG
Rp73.00
WIR ASIA
7D
-8.8%
1Y
-20.7%
CYBR
Rp1,370.00
ITSEC Asia
7D
-6.8%
1Y
83.9%
WGSH
Rp246.00
Wira Global Solusi
7D
8.8%
1Y
25.5%
NINE
Rp124.00
Techno9 Indonesia
7D
5.1%
1Y
-58.4%
RUNS
Rp111.00
Global Sukses Solusi
7D
9.9%
1Y
117.6%
PTSN
Rp348.00
Sat Nusapersada
7D
0.6%
1Y
82.2%
IRSX
Rp428.00
Folago Global Nusantara
7D
-4.0%
1Y
1,612.0%
CHIP
Rp1,140.00
Pelita Teknologi Global
7D
-4.2%
1Y
-21.4%
MTDL
Rp560.00
Metrodata Electronics
7D
5.7%
1Y
1.8%
AREA
Rp316.00
Dunia Virtual Online
7D
-7.1%
1Y
-26.2%