Have your own idea? Try our Stock Screener
Indonesian (IDX) Tech Sector Analysis
UpdatedDec 13, 2024
DataAggregated Company Financials
Companies33
- 7D-4.5%
- 3M-4.8%
- 1Y11.4%
- YTD22.2%
Over the last 7 days, the Tech industry has dropped 3.6%, driven by DCI Indonesia declining 4.5%. In contrast, Geoprima Solusi has gained 108%. Over the past 12 months, the industry was up 24%. As for the next few years, earnings are expected to grow by 6.5% per annum.
Sector Valuation and Performance
Has the Indonesian Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 13 Dec 2024 | Rp172.9t | Rp70.2t | Rp2.3t | 31.6x | 75.6x | 2.5x |
| Sun, 10 Nov 2024 | Rp157.0t | Rp71.8t | Rp2.2t | 29.2x | 71.1x | 2.2x |
| Tue, 08 Oct 2024 | Rp160.1t | Rp70.7t | Rp1.9t | 26.1x | 83.9x | 2.3x |
| Thu, 05 Sep 2024 | Rp131.5t | Rp70.3t | Rp1.9t | 20.4x | 71x | 1.9x |
| Sat, 03 Aug 2024 | Rp130.2t | Rp71.3t | Rp1.3t | 13.3x | 99.5x | 1.8x |
| Mon, 01 Jul 2024 | Rp118.0t | Rp71.3t | Rp1.3t | 13x | 88.4x | 1.7x |
| Wed, 29 May 2024 | Rp115.2t | Rp70.4t | Rp1.1t | 11.8x | 106.6x | 1.6x |
| Fri, 26 Apr 2024 | Rp113.0t | Rp60.6t | Rp978.1b | 21.5x | 115.6x | 1.9x |
| Sun, 24 Mar 2024 | Rp112.3t | Rp60.9t | Rp1.6t | 18.9x | 72.4x | 1.8x |
| Tue, 20 Feb 2024 | Rp125.0t | Rp61.8t | Rp1.8t | 20.1x | 69.4x | 2x |
| Thu, 18 Jan 2024 | Rp133.8t | Rp64.1t | Rp1.6t | 27.9x | 81.1x | 2.1x |
| Sat, 16 Dec 2023 | Rp156.4t | Rp64.1t | Rp1.6t | 28.5x | 96.3x | 2.4x |
| Mon, 13 Nov 2023 | Rp120.4t | Rp64.5t | Rp1.6t | 27.8x | 74x | 1.9x |
| Wed, 11 Oct 2023 | Rp120.5t | Rp62.0t | Rp1.6t | 26.4x | 77x | 1.9x |
| Fri, 08 Sep 2023 | Rp116.0t | Rp70.3t | Rp1.6t | 26.9x | 72.1x | 1.6x |
| Sun, 06 Aug 2023 | Rp118.8t | Rp69.6t | Rp1.7t | 33.7x | 68.4x | 1.7x |
| Tue, 04 Jul 2023 | Rp127.8t | Rp69.5t | Rp2.1t | 33.2x | 59.7x | 1.8x |
| Thu, 01 Jun 2023 | Rp123.8t | Rp69.7t | Rp2.1t | 36.6x | 58.9x | 1.8x |
| Sat, 29 Apr 2023 | Rp134.3t | Rp69.1t | Rp2.2t | 40.6x | 60.2x | 1.9x |
| Mon, 27 Mar 2023 | Rp132.7t | Rp61.0t | Rp2.1t | 31.5x | 63.9x | 2.2x |
| Wed, 22 Feb 2023 | Rp138.5t | Rp73.5t | Rp1.9t | 34x | 72.3x | 1.9x |
| Fri, 20 Jan 2023 | Rp139.4t | Rp73.7t | Rp1.9t | 22.5x | 72.1x | 1.9x |
| Sun, 18 Dec 2022 | Rp143.7t | Rp73.7t | Rp1.7t | 22x | 85.1x | 1.9x |
| Tue, 15 Nov 2022 | Rp146.8t | Rp72.7t | Rp2.4t | 21x | 61.7x | 2x |
| Thu, 13 Oct 2022 | Rp157.0t | Rp116.3t | Rp3.2t | 23.8x | 48.7x | 1.3x |
| Sat, 10 Sep 2022 | Rp168.2t | Rp116.4t | Rp3.2t | 20.9x | 52x | 1.4x |
| Mon, 08 Aug 2022 | Rp166.1t | Rp102.0t | Rp4.3t | 19.7x | 38.9x | 1.6x |
| Wed, 06 Jul 2022 | Rp166.1t | Rp99.3t | Rp4.0t | 20.3x | 41.6x | 1.7x |
| Fri, 03 Jun 2022 | Rp172.9t | Rp101.5t | Rp3.5t | 33.8x | 49.4x | 1.7x |
| Sun, 01 May 2022 | Rp182.9t | Rp101.1t | Rp3.4t | 24.7x | 54.3x | 1.8x |
| Tue, 29 Mar 2022 | Rp179.9t | Rp96.4t | Rp3.3t | 36.6x | 54.9x | 1.9x |
| Thu, 24 Feb 2022 | Rp181.9t | Rp96.4t | Rp3.2t | 45.3x | 56.2x | 1.9x |
| Sat, 22 Jan 2022 | Rp187.1t | Rp96.3t | Rp3.2t | 47x | 57.8x | 1.9x |
| Mon, 20 Dec 2021 | Rp186.6t | Rp96.3t | Rp3.3t | 60.4x | 56.7x | 1.9x |
Price to Earnings Ratio
56.7x
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 76.0x which is higher than its 3-year average PE of 70.3x.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.5x.
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 10% 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 Market | 1.91% | |
| Tech | -4.46% | |
| Software | 4.54% | |
| Electronic Equipment and Components | 3.29% | |
| Tech Hardware | 2.73% | |
| Semiconductors | 0% | |
| Communications | -2.23% | |
| IT | -5.10% | |
Industry PE
- Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 350x.
- Analysts are expecting annual earnings growth of 6.5%, which is lower than the prior year's growth of 25.5% per year.
Forecasted Growth
- Analysts are most optimistic on the IT industry, expecting annual earnings growth of 6.5% over the next 5 years.
- However this is lower than its past earnings growth rate of 25% per year.
- In contrast, the IT industry is expected to see its earnings grow by 6.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GPSO Geoprima Solusi | Rp1.07k | 107.8% +Rp370.0b | 613.3% | PS54.6x | |
| MSTI Mastersystem Infotama | Rp1.58k | 1.6% +Rp78.5b | 16.2% | PE8.7x | |
| IRSX Aviana Sinar Abadi | Rp39.00 | 50.0% +Rp65.0b | -26.4% | PS0.3x | |
| AXIO Tera Data Indonusa | Rp137.00 | 7.9% +Rp58.4b | -27.1% | PE11.5x | |
| EDGE Indointernet | Rp3.92k | 0.5% +Rp40.4b | -35.2% | PE31.6x |