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Indonesian (IDX) Tech Sector Analysis

UpdatedFeb 26, 2026
DataAggregated Company Financials
Companies33
  • 7D-4.5%
  • 3M-21.2%
  • 1Y57.0%
  • YTD-10.6%

Over the last 7 days, the Tech industry has dropped 4.5%, driven by a pullback from DCI Indonesia of 4.0%. On the other hand WIR ASIA is actually up 16%. Over the past 12 months, the industry was up 57%. Earnings are forecast to grow by 21% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Feb 2026Rp626.5tRp73.3tRp3.5t70.4x177x8.5x
Sun, 25 Jan 2026Rp695.4tRp73.4tRp3.5t67.6x196.6x9.5x
Tue, 23 Dec 2025Rp724.0tRp73.3tRp3.5t66.7x204.3x9.9x
Thu, 20 Nov 2025Rp820.4tRp73.5tRp3.5t57.6x234.3x11.2x
Sat, 18 Oct 2025Rp934.9tRp72.3tRp3.5t23.8x264.4x12.9x
Mon, 15 Sep 2025Rp918.8tRp72.2tRp3.5t29.5x260x12.7x
Wed, 13 Aug 2025Rp822.0tRp72.2tRp3.5t28.5x231.9x11.4x
Fri, 11 Jul 2025Rp456.8tRp72.4tRp3.5t43.7x131.2x6.3x
Sun, 08 Jun 2025Rp456.7tRp69.2tRp3.4t42.2x133.2x6.6x
Tue, 06 May 2025Rp484.4tRp71.6tRp3.2t41.2x149.5x6.8x
Thu, 03 Apr 2025Rp511.6tRp71.4tRp2.4t36.3x212x7.2x
Sat, 01 Mar 2025Rp391.3tRp70.4tRp2.3t44.4x172x5.6x
Mon, 27 Jan 2025Rp172.1tRp70.4tRp2.3t29.8x75.8x2.4x
Wed, 25 Dec 2024Rp168.4tRp70.2tRp2.3t30.2x73.6x2.4x
Fri, 22 Nov 2024Rp188.6tRp71.8tRp2.2t28.7x84.4x2.6x
Sun, 20 Oct 2024Rp170.5tRp70.7tRp1.9t31x89.5x2.4x
Tue, 17 Sep 2024Rp181.5tRp70.3tRp1.9t23.9x98x2.6x
Thu, 15 Aug 2024Rp134.9tRp70.3tRp1.9t16.6x72.8x1.9x
Sat, 13 Jul 2024Rp125.7tRp71.3tRp1.3t12.8x94.4x1.8x
Mon, 10 Jun 2024Rp111.6tRp70.3tRp1.1t12.6x104.5x1.6x
Wed, 08 May 2024Rp113.4tRp71.5tRp1.1t13.9x108x1.6x
Fri, 05 Apr 2024Rp111.4tRp60.5tRp929.6b16.8x119.8x1.8x
Sun, 03 Mar 2024Rp111.7tRp60.9tRp1.6t21.8x72x1.8x
Tue, 30 Jan 2024Rp129.4tRp64.2tRp1.7t24.1x78.3x2x
Thu, 28 Dec 2023Rp144.5tRp64.1tRp1.6t28.5x89.1x2.3x
Sat, 25 Nov 2023Rp168.0tRp64.5tRp1.6t28x103.3x2.6x
Mon, 23 Oct 2023Rp119.0tRp62.0tRp1.6t25.7x76x1.9x
Wed, 20 Sep 2023Rp117.3tRp62.0tRp1.6t25.8x75.1x1.9x
Fri, 18 Aug 2023Rp120.8tRp73.4tRp1.8t26.5x68.4x1.6x
Sun, 16 Jul 2023Rp124.1tRp69.6tRp2.1t35.6x57.9x1.8x
Tue, 13 Jun 2023Rp128.1tRp69.5tRp2.1t34.7x59.9x1.8x
Thu, 11 May 2023Rp130.7tRp69.2tRp2.3t40.6x57.5x1.9x
Sat, 08 Apr 2023Rp133.2tRp60.6tRp2.1t42.5x62.6x2.2x
Mon, 06 Mar 2023Rp138.4tRp73.5tRp1.9t29.1x72.3x1.9x
Price to Earnings Ratio

72.3x


Total Market Cap: Rp138.4tTotal Earnings: Rp1.9tTotal Revenue: Rp73.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 122x202420252026
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 177x 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 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-0.76%
Tech-4.48%
Software5.53%
Electronic Equipment and Components1.52%
Tech Hardware0.69%
Semiconductors0%0
Communications-3.23%
IT-4.69%
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, although it looks like investor sentiment has improved given that it's trading above 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
DCII DCI IndonesiaRp215.80k1.8%
+Rp9.1t		85.8%PE438.9x
WIRG WIR ASIARp94.0013.3%
+Rp131.3b		-27.7%PE12.5x
CYBR ITSEC AsiaRp1.50k1.0%
+Rp99.7b		130.0%PE183x
DIVA Distribusi Voucher NusantaraRp208.0043.4%
+Rp88.2b		92.6%PE198.5x
TFAS Telefast IndonesiaRp262.0015.9%
+Rp59.6b		154.4%PE1923.6x

Latest News

DIVA
Rp208.00
Distribusi Voucher Nusantara
7D
43.4%
1Y
92.6%
WIRG
Rp94.00
WIR ASIA
7D
13.3%
1Y
-27.7%
CYBR
Rp1,495.00
ITSEC Asia
7D
1.0%
1Y
130.0%
DCII
Rp215,800.00
DCI Indonesia
7D
1.8%
1Y
85.8%
MDRN
Rp65.00
Modern Internasional
7D
-17.7%
1Y
828.6%
ATIC
Rp590.00
Anabatic Technologies
7D
-8.5%
1Y
-8.5%
MSTI
Rp1,320.00
Mastersystem Infotama
7D
-4.7%
1Y
-8.0%
IRSX
Rp615.00
Folago Global Nusantara
7D
0.8%
1Y
1,950.0%
TRON
Rp156.00
Teknologi Karya Digital Nusa
7D
-16.1%
1Y
12.2%
INET
Rp380.00
Sinergi Inti Andalan Prima
7D
-10.0%
1Y
143.6%
AXIO
Rp123.00
Tera Data Indonusa
7D
2.5%
1Y
1.7%
TFAS
Rp262.00
Telefast Indonesia
7D
15.9%
1Y
154.4%
SLIS
Rp104.00
Gaya Abadi Sempurna
7D
14.3%
1Y
108.0%
MTDL
Rp565.00
Metrodata Electronics
7D
-1.7%
1Y
-6.6%
AREA
Rp376.00
Dunia Virtual Online
7D
-9.6%
1Y
-14.5%
MLPT
Rp27,900.00
Multipolar Technology
7D
-22.5%
1Y
-26.2%