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Indonesian (IDX) Tech Sector Analysis

UpdatedMar 12, 2025
DataAggregated Company Financials
Companies33
  • 7D47.9%
  • 3M227.9%
  • 1Y371.3%
  • YTD233.0%

In the last week, the Tech industry is up 48%, with DCI Indonesia up 61%. In the same time, Sinergi Inti Andalan Prima was down 22%. This means that the industry has gained 371% over the past year. Earnings are forecast to grow by 8.7% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 13 Mar 2025Rp570.7tRp70.8tRp2.3t43.2x250.3x8.1x
Sat, 08 Feb 2025Rp198.0tRp70.4tRp2.3t30.2x87.2x2.8x
Mon, 06 Jan 2025Rp168.8tRp70.2tRp2.3t30.6x74.2x2.4x
Wed, 04 Dec 2024Rp182.4tRp70.7tRp2.2t31.5x81.4x2.6x
Fri, 01 Nov 2024Rp159.6tRp71.5tRp1.9t43.2x82.1x2.2x
Sun, 29 Sep 2024Rp169.6tRp70.3tRp1.8t27.8x91.7x2.4x
Tue, 27 Aug 2024Rp132.9tRp70.3tRp1.9t17.8x71.8x1.9x
Thu, 25 Jul 2024Rp137.6tRp71.3tRp1.3t12.9x103.2x1.9x
Sat, 22 Jun 2024Rp117.4tRp71.4tRp1.3t12.5x87.9x1.6x
Mon, 20 May 2024Rp116.2tRp71.6tRp1.1t12.3x109.4x1.6x
Wed, 17 Apr 2024Rp111.2tRp61.4tRp927.9b14.9x119.8x1.8x
Fri, 15 Mar 2024Rp110.7tRp60.8tRp1.5t18.6x72.9x1.8x
Sun, 11 Feb 2024Rp126.0tRp64.8tRp1.8t28.9x69.2x1.9x
Tue, 09 Jan 2024Rp141.3tRp64.1tRp1.6t29.4x85.8x2.2x
Thu, 07 Dec 2023Rp154.5tRp64.7tRp1.6t24.2x97x2.4x
Sat, 04 Nov 2023Rp115.5tRp61.1tRp1.2t26x93.4x1.9x
Mon, 02 Oct 2023Rp119.8tRp62.0tRp1.6t25.7x76.6x1.9x
Wed, 30 Aug 2023Rp119.6tRp73.3tRp1.8t28.1x67.9x1.6x
Fri, 28 Jul 2023Rp121.5tRp69.9tRp2.2t36.6x55x1.7x
Sun, 25 Jun 2023Rp128.0tRp69.5tRp2.1t33.4x59.8x1.8x
Tue, 23 May 2023Rp129.9tRp69.8tRp2.1t34.6x61.1x1.9x
Thu, 20 Apr 2023Rp132.5tRp62.2tRp2.2t41.7x60.1x2.1x
Sat, 18 Mar 2023Rp136.3tRp73.5tRp2.1t31.9x65.6x1.9x
Mon, 13 Feb 2023Rp140.7tRp73.5tRp1.9t31.1x73.5x1.9x
Wed, 11 Jan 2023Rp142.0tRp73.7tRp1.9t23.2x73.4x1.9x
Fri, 09 Dec 2022Rp140.7tRp73.7tRp1.7t22.4x83.4x1.9x
Sun, 06 Nov 2022Rp147.3tRp72.1tRp2.2t21.9x66.2x2x
Tue, 04 Oct 2022Rp162.2tRp116.4tRp3.2t25.6x50.2x1.4x
Thu, 01 Sep 2022Rp165.8tRp102.4tRp3.6t19.7x45.5x1.6x
Sat, 30 Jul 2022Rp165.4tRp100.9tRp4.1t19.7x40.5x1.6x
Mon, 27 Jun 2022Rp159.7tRp98.6tRp4.0t21.5x40x1.6x
Wed, 25 May 2022Rp177.0tRp101.2tRp3.5t42.5x50.5x1.7x
Fri, 22 Apr 2022Rp185.5tRp101.1tRp3.4t26.4x55.1x1.8x
Sun, 20 Mar 2022Rp180.3tRp96.4tRp3.3t40.7x55x1.9x
Price to Earnings Ratio

55x


Total Market Cap: Rp180.3tTotal Earnings: Rp3.3tTotal Revenue: Rp96.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 73.7x202320242025
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 250x which is higher than its 3-year average PE of 73.5x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 8.1x.
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 9.8% 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 Market2.89%
Tech47.94%
IT49.63%
Communications15.28%
Tech Hardware0.49%
Electronic Equipment and Components0.012%
Semiconductors0%0
Software-0.031%
Industry PE
  • Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 187x.
    • Analysts are expecting annual earnings growth of 6.0%, which is lower than the prior year's growth of 34.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 11% over the next 5 years.
  • This is better than its past earnings decline of 42% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 6.0% 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 IndonesiaRp205.60k61.0%
+Rp185.6t		490.8%PE826.1x
MLPT Multipolar TechnologyRp41.60k8.4%
+Rp6.0t		2,619.0%PE211.5x
NINE Techno9 IndonesiaRp260.0045.3%
+Rp174.7b		3,614.3%PS125x
IOTF Sumber Sinergi MakmurRp108.0030.1%
+Rp132.3b		-46.5%PE137.7x
KREN Quantum Clovera InvestamaRp10.0011.1%
+Rp18.2b		-80.0%PS0.02x
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Latest News

MLPT

Rp41,600.00

Multipolar Technology

7D

8.4%

1Y

2,619.0%

AXIO

Rp112.00

Tera Data Indonusa

7D

0.9%

1Y

-47.7%

MTDL

Rp535.00

Metrodata Electronics

7D

-6.1%

1Y

-10.1%

INET

Rp110.00

Sinergi Inti Andalan Prima

7D

-22.0%

1Y

86.4%

CYBR

Rp590.00

ITSEC Asia

7D

-6.3%

1Y

165.8%

EDGE

Rp4,920.00

Indointernet

7D

-9.7%

1Y

10.1%

ELIT

Rp196.00

Data Sinergitama Jaya

7D

-22.2%

1Y

108.5%

DCII

Rp205,600.00

DCI Indonesia

7D

61.0%

1Y

490.8%

AREA

Rp428.00

Dunia Virtual Online

7D

-11.6%

1Y

n/a

ATIC

Rp480.00

Anabatic Technologies

7D

-13.5%

1Y

28.3%

WIRG

Rp100.00

WIR ASIA

7D

-9.9%

1Y

-2.9%

NINE

Rp260.00

Techno9 Indonesia

7D

45.3%

1Y

3,614.3%

WGSH

Rp140.00

Wira Global Solusi

7D

3.7%

1Y

137.3%

CHIP

Rp1,450.00

Pelita Teknologi Global

7D

0.7%

1Y

-37.0%

KREN

Rp10.00

Quantum Clovera Investama

7D

11.1%

1Y

-80.0%

IOTF

Rp108.00

Sumber Sinergi Makmur

7D

30.1%

1Y

-46.5%