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Indonesian (IDX) Tech Sector Analysis

UpdatedApr 13, 2026
DataAggregated Company Financials
Companies33
  • 7D2.0%
  • 3M-19.0%
  • 1Y22.2%
  • YTD-20.3%

The Tech industry is up 2.0% in the last week, with Multipolar Technology up 33%. This means that the industry has gained 22% over the past year. 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
Mon, 13 Apr 2026Rp566.9tRp75.5tRp3.5t71.2x161.9x7.5x
Wed, 11 Mar 2026Rp579.6tRp73.1tRp3.4t70.4x170.9x7.9x
Fri, 06 Feb 2026Rp646.7tRp73.4tRp3.5t73.5x182.6x8.8x
Sun, 04 Jan 2026Rp700.8tRp73.3tRp3.5t65.2x198.2x9.6x
Tue, 02 Dec 2025Rp753.7tRp73.4tRp3.5t60.7x214.3x10.3x
Thu, 30 Oct 2025Rp830.3tRp73.1tRp3.7t24.7x224.6x11.4x
Sat, 27 Sep 2025Rp1031.8tRp72.3tRp3.5t26.6x291.7x14.3x
Mon, 25 Aug 2025Rp997.5tRp72.2tRp3.5t31x282.4x13.8x
Wed, 23 Jul 2025Rp790.6tRp72.4tRp3.5t46.7x226.6x10.9x
Fri, 20 Jun 2025Rp461.4tRp69.2tRp3.4t45.6x134.5x6.7x
Sun, 18 May 2025Rp474.3tRp70.2tRp3.4t48.8x138.2x6.8x
Tue, 15 Apr 2025Rp462.9tRp71.2tRp2.9t46.4x157.6x6.5x
Thu, 13 Mar 2025Rp604.8tRp70.8tRp2.3t43.3x265.2x8.5x
Sat, 08 Feb 2025Rp198.0tRp70.4tRp2.3t30.2x87.2x2.8x
Mon, 06 Jan 2025Rp168.8tRp70.2tRp2.3t30.6x74.2x2.4x
Wed, 04 Dec 2024Rp182.4tRp70.7tRp2.2t31.5x81.4x2.6x
Fri, 01 Nov 2024Rp159.6tRp71.5tRp1.9t43.2x82.1x2.2x
Sun, 29 Sep 2024Rp169.6tRp70.3tRp1.8t27.8x91.7x2.4x
Tue, 27 Aug 2024Rp132.9tRp70.3tRp1.9t17.8x71.8x1.9x
Thu, 25 Jul 2024Rp137.6tRp71.3tRp1.3t12.9x103.2x1.9x
Sat, 22 Jun 2024Rp117.4tRp71.4tRp1.3t12.5x87.9x1.6x
Mon, 20 May 2024Rp116.2tRp71.6tRp1.1t12.3x109.4x1.6x
Wed, 17 Apr 2024Rp111.2tRp61.4tRp927.9b14.9x119.8x1.8x
Fri, 15 Mar 2024Rp110.7tRp60.8tRp1.5t18.6x72.9x1.8x
Sun, 11 Feb 2024Rp126.0tRp64.8tRp1.8t28.9x69.2x1.9x
Tue, 09 Jan 2024Rp141.3tRp64.1tRp1.6t29.4x85.8x2.2x
Thu, 07 Dec 2023Rp154.5tRp64.7tRp1.6t24.2x97x2.4x
Sat, 04 Nov 2023Rp115.5tRp61.1tRp1.2t26x93.4x1.9x
Mon, 02 Oct 2023Rp119.8tRp62.0tRp1.6t25.7x76.6x1.9x
Wed, 30 Aug 2023Rp119.6tRp73.3tRp1.8t28.1x67.9x1.6x
Fri, 28 Jul 2023Rp121.5tRp69.9tRp2.2t36.6x55x1.7x
Sun, 25 Jun 2023Rp128.0tRp69.5tRp2.1t33.4x59.8x1.8x
Tue, 23 May 2023Rp129.9tRp69.8tRp2.1t34.6x61.1x1.9x
Thu, 20 Apr 2023Rp132.5tRp62.2tRp2.2t41.7x60.1x2.1x
Price to Earnings Ratio

60.1x


Total Market Cap: Rp132.5tTotal Earnings: Rp2.2tTotal Revenue: Rp62.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 126.1x202420252026
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 162x which is higher than its 3-year average PE of 126x.
  • The 3-year average PS ratio of 4.8x is lower than the industry's current PS ratio of 7.5x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 6.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

ID Market7.51%
Tech2.00%
Software4.44%
Electronic Equipment and Components2.86%
Communications2.44%
IT1.98%
Semiconductors0%0
Tech Hardware-0.86%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 221x.
    • 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 10.8x.
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 14% 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
MLPT Multipolar TechnologyRp18.10k32.8%
+Rp8.4t		-48.3%PE100.9x
CYBR ITSEC AsiaRp1.50k15.9%
+Rp1.4t		96.7%PE154.7x
INET Sinergi Inti Andalan PrimaRp284.0010.9%
+Rp626.5b		155.9%PE259.5x
MTDL Metrodata ElectronicsRp585.001.7%
+Rp122.8b		7.3%PE8.8x
AREA Dunia Virtual OnlineRp338.0014.2%
+Rp106.7b		-15.9%PE86.2x

Latest News

MLPT
Rp18,100.00
Multipolar Technology
7D
32.8%
1Y
-48.3%
DIVA
Rp191.00
Distribusi Voucher Nusantara
7D
42.5%
1Y
161.6%
IRSX
Rp424.00
Folago Global Nusantara
7D
3.4%
1Y
1,827.3%
WGSH
Rp110.00
Wira Global Solusi
7D
-6.0%
1Y
11.7%
TFAS
Rp210.00
Telefast Indonesia
7D
-6.3%
1Y
125.8%
CYBR
Rp1,495.00
ITSEC Asia
7D
15.9%
1Y
96.7%
PTSN
Rp298.00
Sat Nusapersada
7D
-0.7%
1Y
60.2%
TRON
Rp166.00
Teknologi Karya Digital Nusa
7D
23.0%
1Y
66.0%
GLVA
Rp326.00
Galva Technologies
7D
-1.2%
1Y
3.2%
AREA
Rp338.00
Dunia Virtual Online
7D
14.2%
1Y
-15.9%
CHIP
Rp1,065.00
Pelita Teknologi Global
7D
-2.7%
1Y
-25.0%
INET
Rp284.00
Sinergi Inti Andalan Prima
7D
10.9%
1Y
155.9%
MTDL
Rp585.00
Metrodata Electronics
7D
1.7%
1Y
7.3%
RUNS
Rp79.00
Global Sukses Solusi
7D
-2.5%
1Y
49.1%