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Indonesian (IDX) IT Industry Analysis

UpdatedJun 06, 2026
DataAggregated Company Financials
Companies11
  • 7D-9.0%
  • 3M-15.1%
  • 1Y8.5%
  • YTD-30.3%

Over the last 7 days, the IT industry has dropped 9.0%, driven by a pullback from DCI Indonesia of 7.6%. Meanwhile, Wira Global Solusi actually outperformed within the industry, gaining 12% in the last week. Over the past 12 months, the industry was up 8.5%. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

Has the Indonesian IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 06 Jun 2026Rp474.1tRp28.8tRp2.0t75x234.9x16.5x
Mon, 04 May 2026Rp546.0tRp29.7tRp2.2t80.9x247.1x18.4x
Wed, 01 Apr 2026Rp560.1tRp30.4tRp2.3t80.1x240.6x18.4x
Fri, 27 Feb 2026Rp598.4tRp30.3tRp2.5t70.4x243.2x19.8x
Sun, 25 Jan 2026Rp673.9tRp30.3tRp2.5t67.6x273.9x22.3x
Tue, 23 Dec 2025Rp702.7tRp30.3tRp2.5t66.7x285.6x23.2x
Thu, 20 Nov 2025Rp801.9tRp30.3tRp2.4t65.8x327.3x26.5x
Sat, 18 Oct 2025Rp916.1tRp29.6tRp2.4t60.7x376.3x30.9x
Mon, 15 Sep 2025Rp900.8tRp29.6tRp2.4t57.5x370x30.4x
Wed, 13 Aug 2025Rp806.5tRp29.6tRp2.4t59.1x331.3x27.2x
Fri, 11 Jul 2025Rp442.2tRp30.5tRp2.5t43.7x175.4x14.5x
Sun, 08 Jun 2025Rp442.5tRp30.5tRp2.5t45x175.6x14.5x
Tue, 06 May 2025Rp470.3tRp32.5tRp2.5t41.2x188x14.5x
Thu, 03 Apr 2025Rp498.4tRp32.5tRp2.2t41.6x228.2x15.3x
Sat, 01 Mar 2025Rp377.3tRp32.7tRp2.1t44.5x179x11.5x
Mon, 27 Jan 2025Rp158.5tRp32.7tRp2.1t29.4x75.2x4.8x
Wed, 25 Dec 2024Rp153.9tRp32.7tRp2.1t28.7x72.4x4.7x
Fri, 22 Nov 2024Rp173.7tRp34.3tRp2.1t28.7x83.8x5.1x
Sun, 20 Oct 2024Rp156.4tRp33.5tRp2.0t31x77.9x4.7x
Tue, 17 Sep 2024Rp168.0tRp33.1tRp2.0t23.9x86x5.1x
Thu, 15 Aug 2024Rp121.3tRp33.1tRp2.0t16.6x62.1x3.7x
Sat, 13 Jul 2024Rp111.0tRp34.3tRp1.8t12.9x61.5x3.2x
Mon, 10 Jun 2024Rp97.5tRp33.4tRp1.5t14.2x63.3x2.9x
Wed, 08 May 2024Rp98.8tRp34.3tRp1.5t12.9x66.5x2.9x
Fri, 05 Apr 2024Rp95.5tRp24.1tRp1.1t16.8x85.1x4x
Sun, 03 Mar 2024Rp94.9tRp23.3tRp1.2t19.2x81.3x4.1x
Tue, 30 Jan 2024Rp111.5tRp24.2tRp1.4t24.1x78.5x4.6x
Thu, 28 Dec 2023Rp126.4tRp24.3tRp1.4t28.5x89.7x5.2x
Sat, 25 Nov 2023Rp148.6tRp24.0tRp1.4t28.1x104.8x6.2x
Mon, 23 Oct 2023Rp98.2tRp20.6tRp991.0b33.1x99x4.8x
Wed, 20 Sep 2023Rp95.9tRp20.6tRp991.0b36.8x96.7x4.6x
Fri, 18 Aug 2023Rp98.2tRp28.9tRp1.0t48.9x98.1x3.4x
Sun, 16 Jul 2023Rp100.1tRp28.4tRp1.1t39.7x92x3.5x
Tue, 13 Jun 2023Rp101.2tRp28.4tRp1.1t35.1x93x3.6x
Price to Earnings Ratio

93x


Total Market Cap: Rp101.2tTotal Earnings: Rp1.1tTotal Revenue: Rp28.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 161.7x202420252026
Current Industry PE
  • Investors are optimistic on the Indonesian IT industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 235x which is higher than its 3-year average PE of 162x.
  • The 3-year average PS ratio of 11.5x is lower than the industry's current PS ratio of 16.5x.
Past Earnings Growth
  • The earnings for companies in the IT 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 industry?

ID Market-8.61%
Tech-9.15%
IT-9.03%
Data Processing Services0%0
Internet Services and Infrastructure-7.77%
IT Consulting-20.78%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 316x.
    • Analysts are expecting annual earnings growth of 27.6%, which is higher than its past year's earnings decline of 4.3% per year.
  • Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 53.4x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings decline of 4.3% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 11% 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
WGSH Wira Global SolusiRp141.0011.9%
+Rp31.3b
52.4%PE91.3x
AREA Dunia Virtual OnlineRp220.003.8%
+Rp20.3b
-49.5%PE64.4x

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