Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indonesian (IDX) Tech Sector Analysis

UpdatedFeb 04, 2026
DataAggregated Company Financials
Companies33
  • 7D-6.0%
  • 3M-20.3%
  • 1Y239.5%
  • YTD-6.9%

Over the last 7 days, the Tech industry has dropped 15%, driven by a pullback from Multipolar Technology of 35%. This takes the industry's 12 month performance to a gain of 209%. As for the next few years, earnings are expected to grow by 20% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 04 Feb 2026Rp652.2tRp73.3tRp3.5t74.6x184.2x8.9x
Fri, 02 Jan 2026Rp652.6tRp73.3tRp3.5t66.3x184.6x8.9x
Sun, 30 Nov 2025Rp756.7tRp73.4tRp3.5t59.5x215.1x10.3x
Tue, 28 Oct 2025Rp839.0tRp72.9tRp3.6t24.4x232x11.5x
Thu, 25 Sep 2025Rp1055.3tRp72.3tRp3.5t27.6x298.4x14.6x
Sat, 23 Aug 2025Rp1003.2tRp72.2tRp3.5t31x283.9x13.9x
Mon, 21 Jul 2025Rp685.8tRp72.4tRp3.5t47x196.9x9.5x
Wed, 18 Jun 2025Rp471.5tRp69.2tRp3.4t46.1x137.5x6.8x
Fri, 16 May 2025Rp475.6tRp70.2tRp3.4t48.6x138.6x6.8x
Sun, 13 Apr 2025Rp461.8tRp71.2tRp2.4t41.1x193x6.5x
Tue, 11 Mar 2025Rp525.1tRp70.8tRp2.3t43.1x230.3x7.4x
Thu, 06 Feb 2025Rp199.6tRp70.4tRp2.3t30.1x87.9x2.8x
Sat, 04 Jan 2025Rp169.0tRp70.2tRp2.3t30.6x73.7x2.4x
Mon, 02 Dec 2024Rp182.7tRp70.7tRp2.2t31.9x81.5x2.6x
Wed, 30 Oct 2024Rp168.3tRp70.8tRp1.9t43.2x89.2x2.4x
Fri, 27 Sep 2024Rp168.8tRp70.3tRp1.8t26.8x91.3x2.4x
Sun, 25 Aug 2024Rp132.9tRp70.3tRp1.9t17.4x71.7x1.9x
Tue, 23 Jul 2024Rp129.3tRp71.3tRp1.3t12.6x97x1.8x
Thu, 20 Jun 2024Rp117.1tRp71.3tRp1.3t12.2x87.8x1.6x
Sat, 18 May 2024Rp116.2tRp71.6tRp1.1t13.3x107.8x1.6x
Mon, 15 Apr 2024Rp111.2tRp61.2tRp911.5b16.8x122x1.8x
Wed, 13 Mar 2024Rp110.8tRp60.8tRp1.5t19.2x72.9x1.8x
Fri, 09 Feb 2024Rp126.0tRp64.8tRp1.8t28.9x69.2x1.9x
Sun, 07 Jan 2024Rp142.5tRp64.1tRp1.6t30x86.5x2.2x
Tue, 05 Dec 2023Rp138.7tRp64.5tRp1.6t25.8x85.4x2.2x
Thu, 02 Nov 2023Rp115.8tRp62.0tRp1.5t25.1x76.2x1.9x
Sat, 30 Sep 2023Rp119.5tRp62.0tRp1.6t25.7x76.5x1.9x
Mon, 28 Aug 2023Rp120.1tRp73.4tRp1.8t25.7x67.8x1.6x
Wed, 26 Jul 2023Rp123.7tRp69.9tRp2.2t37.4x57.1x1.8x
Fri, 23 Jun 2023Rp129.0tRp69.5tRp2.1t34.1x60.3x1.9x
Sun, 21 May 2023Rp129.9tRp69.8tRp2.1t35.4x61.1x1.9x
Tue, 18 Apr 2023Rp133.0tRp62.1tRp2.2t42.4x60.4x2.1x
Thu, 16 Mar 2023Rp134.7tRp73.5tRp2.1t31.6x65.5x1.8x
Sat, 11 Feb 2023Rp140.7tRp73.5tRp1.9t31.1x73.5x1.9x
Price to Earnings Ratio

73.5x


Total Market Cap: Rp140.7tTotal Earnings: Rp1.9tTotal Revenue: Rp73.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 119.7x202420252026
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 168x which is higher than its 3-year average PE of 120x.
  • The 3-year average PS ratio of 4.4x 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 grown 23% 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-10.43%
Tech-6.01%
Semiconductors0%0
Communications-5.63%
IT-5.93%
Electronic Equipment and Components-6.55%
Tech Hardware-7.39%
Software-14.76%
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
DCII DCI IndonesiaRp220.25k0.2%
+Rp1.1t		378.8%PE448x
EDGE IndointernetRp5.08k10.8%
+Rp1.0t		34.6%PE74.6x

Latest News

CYBR
Rp1,700.00
ITSEC Asia
7D
-8.6%
1Y
226.9%
PTSN
Rp332.00
Sat Nusapersada
7D
-11.7%
1Y
72.0%
MSTI
Rp1,365.00
Mastersystem Infotama
7D
-4.2%
1Y
-7.1%
WIRG
Rp82.00
WIR ASIA
7D
-16.3%
1Y
-25.5%
IRSX
Rp580.00
Folago Global Nusantara
7D
-15.3%
1Y
1,657.6%
TRON
Rp185.00
Teknologi Karya Digital Nusa
7D
-24.8%
1Y
23.3%
INET
Rp376.00
Sinergi Inti Andalan Prima
7D
-16.1%
1Y
241.8%
EDGE
Rp5,075.00
Indointernet
7D
10.8%
1Y
34.6%
MLPT
Rp39,525.00
Multipolar Technology
7D
-34.8%
1Y
51.1%
DCII
Rp220,250.00
DCI Indonesia
7D
0.2%
1Y
378.8%