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Indonesian (IDX) Tech Sector Analysis

UpdatedMar 06, 2026
DataAggregated Company Financials
Companies33
  • 7D-7.2%
  • 3M-25.3%
  • 1Y27.9%
  • YTD-18.7%

Over the last 7 days, the Tech industry has dropped 9.8%, driven by a pullback from DCI Indonesia of 6.8%. Over the past 12 months, the industry was up 36%. Looking forward, earnings are forecast to grow by 20% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 06 Mar 2026Rp578.1tRp73.1tRp3.4t70.4x170.4x7.9x
Sun, 01 Feb 2026Rp614.8tRp73.3tRp3.5t67.9x173.7x8.4x
Tue, 30 Dec 2025Rp678.4tRp73.3tRp3.5t67.6x191.8x9.3x
Thu, 27 Nov 2025Rp810.6tRp73.4tRp3.5t60.9x231.2x11x
Sat, 25 Oct 2025Rp859.7tRp72.4tRp3.6t25.6x238.9x11.9x
Mon, 22 Sep 2025Rp1053.3tRp72.3tRp3.5t28x297.9x14.6x
Wed, 20 Aug 2025Rp993.3tRp72.2tRp3.5t27.9x281.2x13.8x
Fri, 18 Jul 2025Rp633.6tRp72.4tRp3.5t50.1x181.9x8.8x
Sun, 15 Jun 2025Rp464.8tRp69.2tRp3.4t49.4x135.5x6.7x
Tue, 13 May 2025Rp477.6tRp70.2tRp3.4t78x139.2x6.8x
Thu, 10 Apr 2025Rp463.2tRp71.4tRp2.4t40.4x196.2x6.5x
Sat, 08 Mar 2025Rp481.3tRp70.8tRp2.3t43.7x211.1x6.8x
Mon, 03 Feb 2025Rp178.2tRp70.4tRp2.3t30.3x78.5x2.5x
Wed, 01 Jan 2025Rp168.4tRp70.2tRp2.3t29.8x73.5x2.4x
Fri, 29 Nov 2024Rp185.5tRp70.7tRp2.2t31.4x82.8x2.6x
Sun, 27 Oct 2024Rp168.5tRp70.8tRp1.9t30.2x87.4x2.4x
Tue, 24 Sep 2024Rp171.2tRp70.3tRp1.8t23.9x92.6x2.4x
Thu, 22 Aug 2024Rp135.8tRp70.3tRp1.9t17.3x73.3x1.9x
Sat, 20 Jul 2024Rp129.0tRp71.3tRp1.3t13.1x96.8x1.8x
Mon, 17 Jun 2024Rp109.8tRp70.4tRp1.1t11.6x102.5x1.6x
Wed, 15 May 2024Rp116.3tRp71.6tRp1.1t12.9x107.7x1.6x
Fri, 12 Apr 2024Rp111.2tRp61.2tRp912.4b16.8x121.8x1.8x
Sun, 10 Mar 2024Rp110.8tRp60.8tRp1.5t19.2x72.9x1.8x
Tue, 06 Feb 2024Rp131.1tRp61.8tRp1.8t24.1x72.7x2.1x
Thu, 04 Jan 2024Rp142.9tRp64.1tRp1.6t30x88x2.2x
Sat, 02 Dec 2023Rp145.5tRp64.5tRp1.6t26x89.6x2.3x
Mon, 30 Oct 2023Rp117.4tRp62.4tRp1.6t26.7x73.6x1.9x
Wed, 27 Sep 2023Rp119.1tRp62.0tRp1.6t25.7x76.1x1.9x
Fri, 25 Aug 2023Rp120.4tRp73.4tRp1.8t26.1x67.9x1.6x
Sun, 23 Jul 2023Rp122.6tRp69.6tRp2.1t36.8x57.2x1.8x
Tue, 20 Jun 2023Rp131.4tRp69.5tRp2.1t34.2x61.4x1.9x
Thu, 18 May 2023Rp126.9tRp70.0tRp2.2t35.8x58.7x1.8x
Sat, 15 Apr 2023Rp133.0tRp60.4tRp2.2t41.7x61.4x2.2x
Mon, 13 Mar 2023Rp137.6tRp73.5tRp2.1t32.6x67x1.9x
Price to Earnings Ratio

67x


Total Market Cap: Rp137.6tTotal Earnings: Rp2.1tTotal Revenue: Rp73.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 122.6x202420252026
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 159x which is higher than its 3-year average PE of 123x.
  • The 3-year average PS ratio of 4.6x is lower than the industry's current PS ratio of 7.7x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 20% 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 Market-6.94%
Tech-7.23%
Semiconductors0%0
Tech Hardware-2.99%
Electronic Equipment and Components-3.75%
IT-7.22%
Communications-13.00%
Software-16.01%
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 20% 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 20% 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
MSTI Mastersystem InfotamaRp1.33k0.8%
+Rp31.4b
-8.9%PE7.9x
GLVA Galva TechnologiesRp354.004.1%
+Rp21.0b
10.6%PE11.1x

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