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Indonesian (IDX) Tech Sector Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies33
  • 7D-2.1%
  • 3M-18.0%
  • 1Y57.8%
  • YTD-11.7%

Over the last 7 days, the Tech industry has dropped 2.1%, driven by a pullback from Multipolar Technology of 27%. Over the past 12 months, the industry was up 58%. As for the next few years, earnings are expected to grow by 21% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 04 Mar 2026Rp618.6tRp73.2tRp3.6t70.4x173.7x8.5x
Fri, 30 Jan 2026Rp622.6tRp73.3tRp3.5t68.8x175.9x8.5x
Sun, 28 Dec 2025Rp713.1tRp73.3tRp3.5t66.3x201.6x9.7x
Tue, 25 Nov 2025Rp809.7tRp73.4tRp3.5t59.5x231.3x11x
Thu, 23 Oct 2025Rp873.5tRp72.3tRp3.5t25.3x247.1x12.1x
Sat, 20 Sep 2025Rp1052.8tRp72.3tRp3.5t28x297.7x14.6x
Mon, 18 Aug 2025Rp1033.3tRp72.2tRp3.5t27.4x292.6x14.3x
Wed, 16 Jul 2025Rp466.7tRp72.4tRp3.5t41.3x134x6.4x
Fri, 13 Jun 2025Rp466.6tRp69.1tRp3.4t44.4x136.1x6.7x
Sun, 11 May 2025Rp477.6tRp70.3tRp3.4t78x139.2x6.8x
Tue, 08 Apr 2025Rp511.6tRp71.4tRp2.4t36.3x215.3x7.2x
Thu, 06 Mar 2025Rp415.2tRp70.7tRp2.3t44x182.9x5.9x
Sat, 01 Feb 2025Rp178.1tRp70.4tRp2.3t30.3x78.4x2.5x
Mon, 30 Dec 2024Rp168.2tRp70.2tRp2.3t30.1x73.4x2.4x
Wed, 27 Nov 2024Rp184.6tRp70.7tRp2.2t31.9x82.4x2.6x
Fri, 25 Oct 2024Rp169.7tRp70.7tRp1.9t30.4x89x2.4x
Sun, 22 Sep 2024Rp171.2tRp70.3tRp1.8t23.9x92.6x2.4x
Tue, 20 Aug 2024Rp135.4tRp70.3tRp1.9t16.9x73.1x1.9x
Thu, 18 Jul 2024Rp129.2tRp71.3tRp1.3t13.1x97x1.8x
Sat, 15 Jun 2024Rp113.3tRp70.4tRp1.1t11.6x105.8x1.6x
Mon, 13 May 2024Rp111.9tRp71.6tRp1.1t12.9x103.7x1.6x
Wed, 10 Apr 2024Rp111.3tRp61.2tRp912.4b16.8x122x1.8x
Fri, 08 Mar 2024Rp110.8tRp60.8tRp1.5t19.5x72.9x1.8x
Sun, 04 Feb 2024Rp121.0tRp62.0tRp1.7t25.1x69.8x2x
Tue, 02 Jan 2024Rp143.9tRp64.1tRp1.6t28.8x88.7x2.2x
Thu, 30 Nov 2023Rp147.1tRp64.5tRp1.6t27.3x90.6x2.3x
Sat, 28 Oct 2023Rp117.8tRp62.4tRp1.6t26.7x73.8x1.9x
Mon, 25 Sep 2023Rp118.6tRp62.0tRp1.6t26.9x75.9x1.9x
Wed, 23 Aug 2023Rp120.8tRp73.4tRp1.8t26.9x68.1x1.6x
Fri, 21 Jul 2023Rp123.5tRp69.6tRp2.1t36.5x57.6x1.8x
Sun, 18 Jun 2023Rp129.6tRp69.5tRp2.1t34.4x60.5x1.9x
Tue, 16 May 2023Rp127.4tRp69.5tRp2.2t36.1x57.5x1.8x
Thu, 13 Apr 2023Rp131.6tRp60.5tRp2.2t41.3x60.6x2.2x
Sat, 11 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 122.5x202420252026
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 174x which is higher than its 3-year average PE of 122x.
  • The 3-year average PS ratio of 4.6x is lower than the industry's current PS ratio of 8.5x.
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-0.88%
Tech-2.08%
Software2.47%
Semiconductors0%0
Communications-1.29%
Tech Hardware-1.48%
Electronic Equipment and Components-1.63%
IT-2.13%
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 21% 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 21% 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
No data available

Latest News

MLPT
Rp22,000.00
Multipolar Technology
7D
-31.3%
1Y
-42.7%
WIRG
Rp82.00
WIR ASIA
7D
-17.2%
1Y
-26.1%
CYBR
Rp1,370.00
ITSEC Asia
7D
-7.7%
1Y
117.5%
DCII
Rp213,875.00
DCI Indonesia
7D
-0.9%
1Y
84.2%
PTSN
Rp368.00
Sat Nusapersada
7D
-8.5%
1Y
72.0%
IRSX
Rp468.00
Folago Global Nusantara
7D
-26.3%
1Y
1,700.0%
INET
Rp302.00
Sinergi Inti Andalan Prima
7D
-23.7%
1Y
114.2%
MTDL
Rp545.00
Metrodata Electronics
7D
-8.4%
1Y
-4.4%