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Indonesian (IDX) Tech Sector Analysis

UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies33
  • 7D2.4%
  • 3M6.6%
  • 1Y61.1%
  • YTD18.5%

Over the last 7 days, the Tech industry has risen 2.4%, driven by gains from DCI Indonesia of 3.1%. This means that the industry has gained 61% over the past year. Looking forward, earnings are forecast to grow by 6.0% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Feb 2025Rp202.7tRp70.4tRp2.3t31.7x89.2x2.9x
Tue, 14 Jan 2025Rp165.3tRp70.4tRp2.3t29x72.6x2.3x
Thu, 12 Dec 2024Rp173.7tRp70.2tRp2.3t31.7x76x2.5x
Sat, 09 Nov 2024Rp152.4tRp71.8tRp2.2t29.2x69x2.1x
Mon, 07 Oct 2024Rp163.4tRp70.7tRp1.9t27.6x85.8x2.3x
Wed, 04 Sep 2024Rp131.4tRp70.3tRp1.9t19.2x70.9x1.9x
Fri, 02 Aug 2024Rp129.8tRp72.1tRp1.3t13.4x96.6x1.8x
Sun, 30 Jun 2024Rp118.0tRp71.3tRp1.3t13x88.4x1.7x
Tue, 28 May 2024Rp116.7tRp70.4tRp1.1t11.8x108x1.7x
Thu, 25 Apr 2024Rp111.3tRp60.6tRp978.0b21.6x113.8x1.8x
Sat, 23 Mar 2024Rp112.4tRp60.9tRp1.6t18.9x72.4x1.8x
Mon, 19 Feb 2024Rp124.7tRp61.8tRp1.8t20.7x69.2x2x
Wed, 17 Jan 2024Rp133.5tRp64.1tRp1.6t28.2x81x2.1x
Fri, 15 Dec 2023Rp141.6tRp64.1tRp1.6t28.5x87.2x2.2x
Sun, 12 Nov 2023Rp120.4tRp64.5tRp1.6t27.8x74x1.9x
Tue, 10 Oct 2023Rp120.5tRp62.0tRp1.6t26.4x77x1.9x
Thu, 07 Sep 2023Rp116.3tRp70.2tRp1.6t27.5x73.7x1.7x
Sat, 05 Aug 2023Rp118.8tRp69.8tRp1.7t36.8x70.2x1.7x
Mon, 03 Jul 2023Rp127.8tRp69.5tRp2.1t32.4x59.7x1.8x
Wed, 31 May 2023Rp128.6tRp69.7tRp2.1t36x61.2x1.8x
Fri, 28 Apr 2023Rp134.0tRp69.1tRp2.2t40x60x1.9x
Sun, 26 Mar 2023Rp132.7tRp61.0tRp2.1t31.5x63.9x2.2x
Tue, 21 Feb 2023Rp139.0tRp73.5tRp1.9t33x72.6x1.9x
Thu, 19 Jan 2023Rp139.5tRp73.7tRp1.9t22.6x72.2x1.9x
Sat, 17 Dec 2022Rp143.7tRp73.7tRp1.7t22x85.2x1.9x
Mon, 14 Nov 2022Rp147.5tRp72.7tRp2.4t21x62x2x
Wed, 12 Oct 2022Rp158.6tRp116.3tRp3.2t25x49.2x1.4x
Fri, 09 Sep 2022Rp168.2tRp116.4tRp3.2t20.8x52x1.4x
Sun, 07 Aug 2022Rp166.1tRp101.9tRp4.1t19.7x40.6x1.6x
Tue, 05 Jul 2022Rp172.2tRp99.3tRp4.0t20.2x43.2x1.7x
Thu, 02 Jun 2022Rp172.9tRp101.5tRp3.5t33.8x49.4x1.7x
Sat, 30 Apr 2022Rp182.9tRp101.1tRp3.4t24.7x54.3x1.8x
Mon, 28 Mar 2022Rp180.2tRp96.4tRp3.3t36.2x54.9x1.9x
Wed, 23 Feb 2022Rp184.1tRp96.4tRp3.2t47.2x56.9x1.9x
Price to Earnings Ratio

56.9x


Total Market Cap: Rp184.1tTotal Earnings: Rp3.2tTotal Revenue: Rp96.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 71.4x202320242025
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 89.2x which is higher than its 3-year average PE of 71.4x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 11% per year over the last three years,
  • Revenues have also declined 9.9% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

ID Market-1.65%
Tech2.39%
IT2.76%
Semiconductors0%0
Tech Hardware-1.09%
Electronic Equipment and Components-1.98%
Software-4.95%
Communications-9.64%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 232x.
    • Analysts are expecting annual earnings growth of 6.0%, which is lower than the prior year's growth of 26.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 6.0% over the next 5 years.
  • However this is lower than its past earnings growth rate of 26% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 6.0% 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 IndonesiaRp47.00k3.1%
+Rp3.3t
28.9%PE188.8x
MLPT Multipolar TechnologyRp30.80k2.7%
+Rp1.5t
1,926.3%PE155.9x
CYBR ITSEC AsiaRp560.007.7%
+Rp259.3b
152.3%PS15.3x
WIRG WIR ASIARp109.004.8%
+Rp59.7b
14.7%PE16.7x
GPSO Geoprima SolusiRp416.0013.7%
+Rp33.3b
235.5%PS21.2x
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Latest News

CCSI

Rp282.00

Communication Cable Systems Indonesia

7D

2.9%

1Y

-36.5%

MLPT

Rp30,800.00

Multipolar Technology

7D

2.7%

1Y

1,926.3%

GPSO

Rp416.00

Geoprima Solusi

7D

13.7%

1Y

235.5%

AXIO

Rp110.00

Tera Data Indonusa

7D

-5.2%

1Y

-45.5%

MTDL

Rp560.00

Metrodata Electronics

7D

-3.4%

1Y

4.7%

INET

Rp109.00

Sinergi Inti Andalan Prima

7D

-0.9%

1Y

75.8%

HDIT

Rp19.00

Hensel Davest Indonesia

7D

-13.6%

1Y

-62.0%

MSTI

Rp1,435.00

Mastersystem Infotama

7D

0.3%

1Y

10.4%

CYBR

Rp560.00

ITSEC Asia

7D

7.7%

1Y

152.3%

EDGE

Rp3,630.00

Indointernet

7D

-1.1%

1Y

-28.8%

DCII

Rp47,000.00

DCI Indonesia

7D

3.1%

1Y

28.9%

AREA

Rp208.00

Dunia Virtual Online

7D

3.0%

1Y

n/a

WIRG

Rp109.00

WIR ASIA

7D

4.8%

1Y

14.7%

IRSX

Rp22.00

Aviana Sinar Abadi

7D

-21.4%

1Y

-56.0%

KREN

Rp8.00

Quantum Clovera Investama

7D

-11.1%

1Y

-84.0%

IOTF

Rp94.00

Sumber Sinergi Makmur

7D

-17.5%

1Y

-58.0%