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Indonesian (IDX) IT Industry Analysis

UpdatedApr 03, 2026
DataAggregated Company Financials
Companies12
  • 7D0.4%
  • 3M-21.8%
  • 1Y7.8%
  • YTD-21.8%

Over the last 7 days, the IT industry has remained flat, although notably Multipolar Technology declined by 5.7%. The past year has been better, since the industry has gained 7.8% in that time. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Apr 2026Rp538.9tRp29.8tRp2.3t75.9x233.7x18.1x
Sun, 01 Mar 2026Rp598.8tRp30.1tRp2.5t70.4x241.3x19.9x
Tue, 27 Jan 2026Rp676.6tRp30.3tRp2.5t68.9x275x22.3x
Thu, 25 Dec 2025Rp691.5tRp30.3tRp2.5t66.3x281.1x22.8x
Sat, 22 Nov 2025Rp794.7tRp30.3tRp2.4t64.3x324.4x26.3x
Mon, 20 Oct 2025Rp894.9tRp29.6tRp2.4t60.7x367.6x30.2x
Wed, 17 Sep 2025Rp960.6tRp29.6tRp2.4t57.7x394.6x32.5x
Fri, 15 Aug 2025Rp955.5tRp29.6tRp2.4t57.9x392.5x32.3x
Sun, 13 Jul 2025Rp443.7tRp30.5tRp2.5t43.7x176x14.5x
Tue, 10 Jun 2025Rp442.5tRp30.5tRp2.5t45x175.6x14.5x
Thu, 08 May 2025Rp470.3tRp32.5tRp2.5t40.8x187.9x14.5x
Sat, 05 Apr 2025Rp498.4tRp32.5tRp2.1t41.6x232.3x15.3x
Mon, 03 Mar 2025Rp377.3tRp32.7tRp2.1t44.5x179x11.5x
Wed, 29 Jan 2025Rp158.5tRp32.7tRp2.1t29.4x75.2x4.8x
Fri, 27 Dec 2024Rp153.9tRp32.7tRp2.1t28.7x72.4x4.7x
Sun, 24 Nov 2024Rp172.2tRp33.2tRp2.1t29.4x82.7x5.2x
Tue, 22 Oct 2024Rp156.1tRp33.5tRp2.0t31x77.7x4.7x
Thu, 19 Sep 2024Rp164.1tRp33.1tRp2.0t23.8x84x5x
Sat, 17 Aug 2024Rp121.1tRp33.1tRp2.0t16.5x62x3.7x
Mon, 15 Jul 2024Rp111.2tRp34.3tRp1.8t12.9x61.6x3.2x
Wed, 12 Jun 2024Rp96.9tRp33.4tRp1.5t13.8x62.8x2.9x
Fri, 10 May 2024Rp97.4tRp34.4tRp1.5t12.9x64.7x2.8x
Sun, 07 Apr 2024Rp95.5tRp24.1tRp1.1t16.8x85.1x4x
Tue, 05 Mar 2024Rp94.2tRp23.3tRp1.2t19.2x80.7x4x
Thu, 01 Feb 2024Rp111.1tRp24.2tRp1.4t23.8x78.2x4.6x
Sat, 30 Dec 2023Rp125.0tRp24.3tRp1.4t28.8x88.7x5.2x
Mon, 27 Nov 2023Rp157.7tRp24.0tRp1.4t28.1x111.2x6.6x
Wed, 25 Oct 2023Rp98.2tRp20.6tRp991.0b31.7x99x4.8x
Fri, 22 Sep 2023Rp95.8tRp20.6tRp991.0b36.9x96.7x4.6x
Sun, 20 Aug 2023Rp98.1tRp28.9tRp1.0t45.2x97.4x3.4x
Tue, 18 Jul 2023Rp100.1tRp28.4tRp1.1t40x92x3.5x
Thu, 15 Jun 2023Rp102.6tRp28.4tRp1.1t36.4x94.2x3.6x
Sat, 13 May 2023Rp100.8tRp27.2tRp1.2t35.8x85.9x3.7x
Mon, 10 Apr 2023Rp105.1tRp17.8tRp1.0t45.2x102.9x5.9x
Price to Earnings Ratio

102.9x


Total Market Cap: Rp105.1tTotal Earnings: Rp1.0tTotal Revenue: Rp17.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 152.6x202420252026
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 234x which is higher than its 3-year average PE of 153x.
  • The 3-year average PS ratio of 10.7x is lower than the industry's current PS ratio of 18.1x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 31% per year over the last three years.
  • Revenues for these companies have grown 19% 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 industry?

ID Market-2.39%
Tech0.27%
IT0.40%
Internet Services and Infrastructure0.72%
Data Processing Services0%0
IT Consulting-2.60%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 301x.
    • Analysts expect its future annual earnings growth (27.8%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 51.6x.
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 roughly in line with its past earnings growth rate.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 9.7% 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 IndonesiaRp201.83k0.8%
+Rp3.7t
20.2%PE480.5x
MSTI Mastersystem InfotamaRp1.40k1.4%
+Rp62.8b
-0.4%PE8x
WIRG WIR ASIARp79.003.9%
+Rp35.8b
-7.1%PE12.9x
ELIT Data Sinergitama JayaRp202.003.6%
+Rp14.2b
14.1%PE12.1x

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