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Indonesian (IDX) Tech Sector Analysis

UpdatedFeb 20, 2024
DataAggregated Company Financials
Companies31
  • 7D0.6%
  • 3M0.07%
  • 1Y-5.0%
  • YTD-10.8%

The Tech is pretty flat in the last 7 days, but Indointernet has stood out, gaining 9.4%. As for the longer term, the industry has declined 5.0% in the last year.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 20 Feb 2024Rp125.0tRp61.8tRp1.8t20.1x69.4x2x
Thu, 18 Jan 2024Rp133.8tRp64.1tRp1.6t27.9x81.1x2.1x
Sat, 16 Dec 2023Rp156.4tRp64.1tRp1.6t28.5x96.3x2.4x
Mon, 13 Nov 2023Rp120.4tRp64.5tRp1.6t27.8x74x1.9x
Wed, 11 Oct 2023Rp120.5tRp62.0tRp1.6t26.4x77x1.9x
Fri, 08 Sep 2023Rp116.0tRp70.3tRp1.6t26.9x72.1x1.6x
Sun, 06 Aug 2023Rp118.8tRp69.6tRp1.7t33.7x68.4x1.7x
Tue, 04 Jul 2023Rp127.8tRp69.5tRp2.1t33.2x59.7x1.8x
Thu, 01 Jun 2023Rp123.8tRp69.7tRp2.1t36.6x58.9x1.8x
Sat, 29 Apr 2023Rp134.3tRp69.1tRp2.2t40.6x60.2x1.9x
Mon, 27 Mar 2023Rp132.7tRp61.0tRp2.1t31.5x63.9x2.2x
Wed, 22 Feb 2023Rp138.5tRp73.5tRp1.9t34x72.3x1.9x
Fri, 20 Jan 2023Rp139.4tRp73.7tRp1.9t22.5x72.1x1.9x
Sun, 18 Dec 2022Rp143.7tRp73.7tRp1.7t22x85.1x1.9x
Tue, 15 Nov 2022Rp146.8tRp72.7tRp2.4t21x61.7x2x
Thu, 13 Oct 2022Rp157.0tRp116.3tRp3.2t23.8x48.7x1.3x
Sat, 10 Sep 2022Rp168.2tRp116.4tRp3.2t20.9x52x1.4x
Mon, 08 Aug 2022Rp166.1tRp102.0tRp4.3t19.7x38.9x1.6x
Wed, 06 Jul 2022Rp166.1tRp99.3tRp4.0t20.3x41.6x1.7x
Fri, 03 Jun 2022Rp172.9tRp101.5tRp3.5t33.8x49.4x1.7x
Sun, 01 May 2022Rp182.9tRp101.1tRp3.4t24.7x54.3x1.8x
Tue, 29 Mar 2022Rp179.9tRp96.4tRp3.3t36.6x54.9x1.9x
Thu, 24 Feb 2022Rp181.9tRp96.4tRp3.2t45.3x56.2x1.9x
Sat, 22 Jan 2022Rp187.1tRp96.3tRp3.2t47x57.8x1.9x
Mon, 20 Dec 2021Rp186.6tRp96.3tRp3.3t60.4x56.7x1.9x
Wed, 17 Nov 2021Rp204.9tRp94.3tRp2.8t49.4x72x2.2x
Fri, 15 Oct 2021Rp205.8tRp93.0tRp2.7t50.8x77.2x2.2x
Sun, 12 Sep 2021Rp212.9tRp93.1tRp2.7t47.4x80.1x2.3x
Tue, 10 Aug 2021Rp255.3tRp93.2tRp2.6t41.2x96.8x2.7x
Mon, 03 May 2021Rp92.9tRp88.1tRp1.7t24.7x56.2x1.1x
Price to Earnings Ratio

74.7x


Total Market Cap: Rp79.6tTotal Earnings: Rp1.1tTotal Revenue: Rp87.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 65.6x202220232024
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 69.4x which is higher than its 3-year average PE of 65.6x.
  • The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 19% per year over the last three years.
  • Meanwhile revenues for these companies have declined 11% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Indonesian Tech sector?

ID Market-0.094%
Tech0.64%
Communications2.17%
Software0.88%
IT0.68%
Tech Hardware0.44%
Electronic Equipment and Components0.061%
Semiconductors0%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 31.6x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
EDGE IndointernetRp4.91k9.4%
+Rp848.5b
27.2%PE39.2x
DCII DCI IndonesiaRp36.73k0.3%
+Rp298.0b
-2.4%PE180.8x
MTDL Metrodata ElectronicsRp550.001.9%
+Rp122.8b
-2.7%PE11.1x
IOTF Sumber Sinergi MakmurRp216.004.9%
+Rp52.8b
n/aPE778.6x
TFAS Telefast IndonesiaRp535.005.9%
+Rp49.7b
-79.7%PE1059.4x
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Latest News

WGSH

Rp61.00

Wira Global Solusi

7D

-6.2%

1Y

-58.2%

CHIP

Rp2,260.00

Pelita Teknologi Global

7D

-0.4%

1Y

557.0%

EDGE

Rp4,910.00

Indointernet

7D

9.4%

1Y

27.2%

MLPT

Rp1,530.00

Multipolar Technology

7D

-4.1%

1Y

-21.9%

ATIC

Rp406.00

Anabatic Technologies

7D

1.5%

1Y

8.6%

WIRG

Rp95.00

WIR ASIA

7D

2.2%

1Y

-43.1%

GLVA

Rp420.00

Galva Technologies

7D

-4.5%

1Y

-40.8%

DCII

Rp36,725.00

DCI Indonesia

7D

0.3%

1Y

-2.4%

AXIO

Rp212.00

Tera Data Indonusa

7D

3.9%

1Y

6.5%

TFAS

Rp535.00

Telefast Indonesia

7D

5.9%

1Y

-79.7%

MSTI

Rp1,290.00

Mastersystem Infotama

7D

-2.3%

1Y

n/a

TRON

Rp236.00

Teknologi Karya Digital Nusa

7D

-1.7%

1Y

n/a

CCSI

Rp438.00

Communication Cable Systems Indonesia

7D

-1.4%

1Y

-32.6%

MTDL

Rp550.00

Metrodata Electronics

7D

1.9%

1Y

-2.7%

CYBR

Rp216.00

ITSEC Asia

7D

-2.7%

1Y

n/a