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Indonesian (IDX) IT Industry Analysis

UpdatedFeb 15, 2026
DataAggregated Company Financials
Companies12
  • 7D2.5%
  • 3M-20.7%
  • 1Y235.2%
  • YTD-6.4%

The IT industry is up 2.5% in the last week, with DCI Indonesia up 2.9%. In the same time, ITSEC Asia was down 5.6%. This takes the industry's 12 month performance to a gain of 235%. Looking forward, earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 15 Feb 2026Rp635.7tRp30.3tRp2.5t70.4x258.4x21x
Tue, 13 Jan 2026Rp671.6tRp30.3tRp2.5t64.5x273x22.2x
Thu, 11 Dec 2025Rp752.3tRp30.3tRp2.5t67.3x305.8x24.8x
Sat, 08 Nov 2025Rp799.8tRp30.2tRp2.4t63.9x327.9x26.5x
Mon, 06 Oct 2025Rp1044.5tRp29.6tRp2.4t60.7x429.1x35.3x
Wed, 03 Sep 2025Rp943.6tRp29.6tRp2.4t58.1x387.6x31.9x
Fri, 01 Aug 2025Rp922.4tRp30.6tRp2.5t59.9x365.6x30.1x
Sun, 29 Jun 2025Rp455.6tRp30.5tRp2.5t42.5x180.7x14.9x
Tue, 27 May 2025Rp428.0tRp31.5tRp2.5t41.3x170.3x13.6x
Thu, 24 Apr 2025Rp482.6tRp32.6tRp2.2t47.4x220.2x14.8x
Sat, 22 Mar 2025Rp460.5tRp33.5tRp2.3t48.8x199.9x13.8x
Mon, 17 Feb 2025Rp189.4tRp32.7tRp2.1t30.5x89.8x5.8x
Wed, 15 Jan 2025Rp151.2tRp32.8tRp2.1t28.3x71.6x4.6x
Fri, 13 Dec 2024Rp157.7tRp32.7tRp2.1t29.7x74.2x4.8x
Sun, 10 Nov 2024Rp142.3tRp34.3tRp2.1t29.2x68.6x4.1x
Tue, 08 Oct 2024Rp146.4tRp33.5tRp2.0t26.1x72.9x4.4x
Thu, 05 Sep 2024Rp118.1tRp33.1tRp2.0t20.4x60.4x3.6x
Sat, 03 Aug 2024Rp116.3tRp34.4tRp1.8t13.3x63.7x3.4x
Mon, 01 Jul 2024Rp104.7tRp34.3tRp1.8t13.8x58x3x
Wed, 29 May 2024Rp101.0tRp33.3tRp1.5t12.9x65.4x3x
Fri, 26 Apr 2024Rp97.8tRp23.6tRp1.2t14.7x82.3x4.1x
Sun, 24 Mar 2024Rp96.6tRp23.3tRp1.2t18.9x80.7x4.1x
Tue, 20 Feb 2024Rp108.7tRp24.2tRp1.4t19.5x76.5x4.5x
Thu, 18 Jan 2024Rp115.7tRp24.2tRp1.4t27.9x81.4x4.8x
Sat, 16 Dec 2023Rp137.6tRp24.3tRp1.4t28.5x97.7x5.7x
Mon, 13 Nov 2023Rp101.3tRp24.0tRp1.4t29.7x71.4x4.2x
Wed, 11 Oct 2023Rp98.3tRp20.6tRp991.0b35.7x99.2x4.8x
Fri, 08 Sep 2023Rp96.5tRp28.9tRp1.0t31.7x93x3.3x
Sun, 06 Aug 2023Rp97.1tRp28.4tRp1.2t45.9x82x3.4x
Tue, 04 Jul 2023Rp103.4tRp28.4tRp1.1t33.4x94.9x3.6x
Thu, 01 Jun 2023Rp98.1tRp28.4tRp1.1t39.3x90.1x3.4x
Sat, 29 Apr 2023Rp106.3tRp27.4tRp1.2t37.8x92.3x3.9x
Mon, 27 Mar 2023Rp105.6tRp17.9tRp990.2b47.5x106.6x5.9x
Wed, 22 Feb 2023Rp112.5tRp30.5tRp852.2b60.2x132x3.7x
Price to Earnings Ratio

132x


Total Market Cap: Rp112.5tTotal Earnings: Rp852.2bTotal Revenue: Rp30.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 147.4x202420252026
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 258x which is higher than its 3-year average PE of 147x.
  • The 3-year average PS ratio of 10.1x is lower than the industry's current PS ratio of 21.0x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 42% 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 Market3.58%
Tech2.58%
IT2.48%
Internet Services and Infrastructure2.97%
Data Processing Services0%0
IT Consulting-0.23%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 292x.
    • Analysts are expecting annual earnings growth of 35.0%, which is lower than the prior year's growth of 97.5% per year.
  • Investors are most pessimistic about the IT Consulting industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 50.5x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 35% over the next 5 years.
  • However this is lower than its past earnings growth rate of 98% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 9.9% 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 IndonesiaRp224.85k2.9%
+Rp15.0t
378.4%PE457.3x
INET Sinergi Inti Andalan PrimaRp384.0017.8%
+Rp515.9b
252.3%PE183.7x
MLPT Multipolar TechnologyRp36.00k0.3%
+Rp187.5b
16.9%PE214.1x
ATIC Anabatic TechnologiesRp650.0012.1%
+Rp162.1b
56.3%PE6.4x
MSTI Mastersystem InfotamaRp1.38k2.2%
+Rp94.2b
-3.8%PE8.2x

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