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Indonesian (IDX) Tech Sector Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies33
  • 7D3.9%
  • 3M9.1%
  • 1Y4.6%
  • YTD-5.3%

In the last week, the Tech industry is up 3.9%, with DCI Indonesia up 6.9%. In the same time, ITSEC Asia was down 5.3%. In the last 12 months, the industry was up 4.6%. Earnings are forecast to grow by 8.8% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024Rp133.9tRp71.4tRp1.3t13.3x100.3x1.9x
Sun, 23 Jun 2024Rp117.5tRp71.4tRp1.3t12.5x88x1.6x
Tue, 21 May 2024Rp116.2tRp71.6tRp1.1t12.1x109.4x1.6x
Thu, 18 Apr 2024Rp111.3tRp61.4tRp928.3b14.8x119.8x1.8x
Sat, 16 Mar 2024Rp114.7tRp60.8tRp1.5t20.1x75.5x1.9x
Mon, 12 Feb 2024Rp126.0tRp64.8tRp1.8t28.9x69.2x1.9x
Wed, 10 Jan 2024Rp137.8tRp64.1tRp1.6t29.7x83.6x2.1x
Fri, 08 Dec 2023Rp153.1tRp64.7tRp1.6t28.9x96.5x2.4x
Sun, 05 Nov 2023Rp115.9tRp61.0tRp1.2t26x94.1x1.9x
Tue, 03 Oct 2023Rp119.4tRp62.0tRp1.6t25.5x76.3x1.9x
Thu, 31 Aug 2023Rp119.7tRp73.3tRp1.8t27.3x68x1.6x
Sat, 29 Jul 2023Rp124.0tRp70.0tRp2.2t36.3x56.1x1.8x
Mon, 26 Jun 2023Rp128.0tRp69.5tRp2.1t33.4x59.8x1.8x
Wed, 24 May 2023Rp124.1tRp69.7tRp2.1t34.2x58.7x1.8x
Fri, 21 Apr 2023Rp132.5tRp61.5tRp2.2t41.7x60.6x2.2x
Sun, 19 Mar 2023Rp132.1tRp61.0tRp2.1t22.4x63.9x2.2x
Tue, 14 Feb 2023Rp140.8tRp73.5tRp1.9t29.1x73.5x1.9x
Thu, 12 Jan 2023Rp141.5tRp73.7tRp1.9t22.3x73.1x1.9x
Sat, 10 Dec 2022Rp137.4tRp73.7tRp1.7t22.4x81.4x1.9x
Mon, 07 Nov 2022Rp146.8tRp72.3tRp2.2t21.9x65.6x2x
Wed, 05 Oct 2022Rp162.1tRp116.4tRp3.2t25.6x50.1x1.4x
Fri, 02 Sep 2022Rp165.1tRp102.4tRp3.6t19.7x45.3x1.6x
Sun, 31 Jul 2022Rp165.2tRp100.9tRp4.1t19.7x40.5x1.6x
Tue, 28 Jun 2022Rp159.0tRp98.6tRp4.0t20.8x39.8x1.6x
Thu, 26 May 2022Rp174.8tRp101.2tRp3.5t40.5x49.9x1.7x
Sat, 23 Apr 2022Rp183.8tRp101.1tRp3.4t26.3x54.6x1.8x
Mon, 21 Mar 2022Rp180.5tRp96.4tRp3.3t40.7x55x1.9x
Wed, 16 Feb 2022Rp189.0tRp96.3tRp3.2t46.6x58.4x2x
Fri, 14 Jan 2022Rp185.7tRp96.3tRp3.2t53.9x57.4x1.9x
Sun, 12 Dec 2021Rp197.9tRp96.3tRp3.3t56x60.1x2.1x
Tue, 09 Nov 2021Rp208.0tRp93.7tRp2.7t53.5x77.9x2.2x
Thu, 07 Oct 2021Rp201.9tRp93.0tRp2.7t72.2x75.8x2.2x
Sat, 04 Sep 2021Rp221.2tRp93.2tRp2.6t56.1x83.9x2.4x
Mon, 02 Aug 2021Rp253.9tRp93.2tRp2.6t42.5x96.2x2.7x
Price to Earnings Ratio

96.2x


Total Market Cap: Rp253.9tTotal Earnings: Rp2.6tTotal Revenue: Rp93.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Tech Sector Price to Earnings3Y Average 69.8x202220232024
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 100x which is higher than its 3-year average PE of 69.8x.
  • The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 20% per year over the last three years,
  • Revenues have also declined 8.5% 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-1.21%
Tech3.93%
Communications5.19%
Software5.00%
IT4.57%
Semiconductors0%
Tech Hardware-1.05%
Electronic Equipment and Components-2.21%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 456x.
    • Analysts are expecting annual earnings growth of 8.8%, which is lower than the prior year's growth of 23.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 8.8% over the next 5 years.
  • However this is lower than its past earnings growth rate of 24% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 8.8% 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 IndonesiaRp41.65k5.4%
+Rp5.1t		19.2%PE185.4x
CYBR ITSEC AsiaRp344.004.2%
+Rp90.3b		n/aPS9.7x
IOTF Sumber Sinergi MakmurRp116.0011.5%
+Rp63.4b		n/aPE159.5x
MSTI Mastersystem InfotamaRp1.58k1.3%
+Rp62.8b		n/aPE10x
KREN Quantum Clovera InvestamaRp8.0060.0%
+Rp54.6b		-84.0%PS0.01x
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Latest News

MTDL

Rp635.00

Metrodata Electronics

7D

-2.3%

1Y

19.8%

PTSN

Rp214.00

Sat Nusapersada

7D

0.9%

1Y

-1.8%

SLIS

Rp59.00

Gaya Abadi Sempurna

7D

-6.3%

1Y

-62.4%

CYBR

Rp344.00

ITSEC Asia

7D

4.2%

1Y

n/a

WIRG

Rp88.00

WIR ASIA

7D

-2.2%

1Y

-31.8%

EDGE

Rp3,910.00

Indointernet

7D

-0.8%

1Y

5.8%

TRON

Rp99.00

Teknologi Karya Digital Nusa

7D

-2.9%

1Y

-69.1%

GPSO

Rp109.00

Geoprima Solusi

7D

-14.8%

1Y

-3.5%

CHIP

Rp1,625.00

Pelita Teknologi Global

7D

-1.8%

1Y

8.0%

AXIO

Rp173.00

Tera Data Indonusa

7D

1.8%

1Y

34.1%

KREN

Rp8.00

Quantum Clovera Investama

7D

60.0%

1Y

-84.0%

ATIC

Rp332.00

Anabatic Technologies

7D

-4.0%

1Y

-6.7%

DIVA

Rp112.00

Distribusi Voucher Nusantara

7D

25.8%

1Y

-72.1%

MSTI

Rp1,580.00

Mastersystem Infotama

7D

1.3%

1Y

n/a

IOTF

Rp116.00

Sumber Sinergi Makmur

7D

11.5%

1Y

n/a

DCII

Rp41,650.00

DCI Indonesia

7D

5.4%

1Y

19.2%