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Indonesian (IDX) IT Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies12
  • 7D4.6%
  • 3M11.4%
  • 1Y11.2%
  • YTD-4.3%

Over the last 7 days, the IT industry has risen 4.6%, driven by gains from DCI Indonesia of 5.4%. This takes the industry's 12 month performance to a gain of 11%. As for the next few years, earnings are expected to grow by 8.8% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Jul 2024Rp119.6tRp34.4tRp1.8t13.3x66.2x3.5x
Mon, 24 Jun 2024Rp104.3tRp34.3tRp1.8t14.2x57.8x3x
Wed, 22 May 2024Rp101.9tRp34.6tRp1.5t13.1x67x2.9x
Fri, 19 Apr 2024Rp95.6tRp24.3tRp1.1t14.9x84.4x3.9x
Sun, 17 Mar 2024Rp98.5tRp23.3tRp1.2t20.1x84.4x4.2x
Tue, 13 Feb 2024Rp107.9tRp24.2tRp1.4t19.4x76x4.5x
Thu, 11 Jan 2024Rp119.2tRp24.2tRp1.4t30.6x83.9x4.9x
Sat, 09 Dec 2023Rp131.2tRp24.3tRp1.4t30.3x93.6x5.4x
Mon, 06 Nov 2023Rp96.6tRp20.4tRp1.0t29.2x96.4x4.7x
Wed, 04 Oct 2023Rp97.9tRp20.6tRp991.0b36.2x98.7x4.7x
Fri, 01 Sep 2023Rp97.0tRp28.9tRp1.0t44x96.3x3.4x
Sun, 30 Jul 2023Rp99.7tRp28.6tRp1.1t42x87.9x3.5x
Tue, 27 Jun 2023Rp103.9tRp28.4tRp1.1t33.4x95.5x3.7x
Thu, 25 May 2023Rp98.1tRp28.4tRp1.1t35.7x89.9x3.5x
Sat, 22 Apr 2023Rp105.4tRp19.5tRp1.1t41x99.3x5.4x
Mon, 20 Mar 2023Rp106.2tRp17.8tRp985.3b49.8x107.8x6x
Wed, 15 Feb 2023Rp113.1tRp30.5tRp852.2b59.4x132.7x3.7x
Fri, 13 Jan 2023Rp115.0tRp30.4tRp850.5b70.2x135.2x3.8x
Sun, 11 Dec 2022Rp110.0tRp30.4tRp601.9b144.7x182.8x3.6x
Tue, 08 Nov 2022Rp119.1tRp30.6tRp540.7b173.7x220.2x3.9x
Thu, 06 Oct 2022Rp125.2tRp30.5tRp570.4b182.3x219.5x4.1x
Sat, 03 Sep 2022Rp129.8tRp30.2tRp537.5b184.3x241.6x4.3x
Mon, 01 Aug 2022Rp125.4tRp17.6tRp772.2b111.8x162.4x7.1x
Wed, 29 Jun 2022Rp118.4tRp17.5tRp756.4b123.7x156.5x6.8x
Fri, 27 May 2022Rp128.7tRp23.2tRp169.4b124.6x759.8x5.5x
Sun, 24 Apr 2022Rp139.4tRp22.8tRp121.1b120.4x1150.9x6.1x
Tue, 22 Mar 2022Rp136.5tRp22.6tRp100.0b154.5x1365.2x6x
Thu, 17 Feb 2022Rp139.6tRp22.5tRp55.5b137.6x2515.3x6.2x
Sat, 15 Jan 2022Rp140.9tRp22.5tRp55.5b113.5x2537.7x6.3x
Mon, 13 Dec 2021Rp139.5tRp22.4tRp105.8b154.2x1317.7x6.2x
Wed, 10 Nov 2021Rp149.5tRp21.6tRp195.0b78.8x766.7x6.9x
Fri, 08 Oct 2021Rp147.6tRp21.6tRp189.8b83.4x777.3x6.8x
Sun, 05 Sep 2021Rp152.1tRp21.8tRp151.7b89x1002.5x7x
Tue, 03 Aug 2021Rp173.2tRp21.8tRp151.7b92.6x1142.1x8x
Price to Earnings Ratio

1142.1x


Total Market Cap: Rp173.2tTotal Earnings: Rp151.7bTotal Revenue: Rp21.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 455.3x202220232024
Current Industry PE
  • Investors are pessimistic on the Indonesian IT industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 66.2x which is lower than its 3-year average PE of 456x.
  • The 3-year average PS ratio of 5.0x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 128% per year over the last three years.
  • Revenues for these companies have grown 16% 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-1.21%
Tech3.93%
IT4.57%
Internet Services and Infrastructure5.39%
IT Consulting0.59%
Data Processing Services0%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry even though it's trading below its 3-year average PE ratio of 294x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • 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.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 8.8% over the next 5 years.
  • However this is lower than its past earnings growth rate of 26% per year.
  • In contrast, the IT Consulting 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 IndonesiaRp41.70k5.6%
+Rp5.2t		19.3%PE185.7x
CYBR ITSEC AsiaRp338.002.4%
+Rp51.6b		n/aPS9.5x
KREN Quantum Clovera InvestamaRp7.0040.0%
+Rp36.4b		-86.0%PS0.01x
MSTI Mastersystem InfotamaRp1.57k0.6%
+Rp31.4b		n/aPE9.9x
ELIT Data Sinergitama JayaRp114.005.6%
+Rp12.2b		-10.2%PE9.5x
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Latest News

ELIT

Rp114.00

Data Sinergitama Jaya

7D

5.6%

1Y

-10.2%

CYBR

Rp338.00

ITSEC Asia

7D

2.4%

1Y

n/a

WIRG

Rp88.00

WIR ASIA

7D

-2.2%

1Y

-31.8%

MLPT

Rp1,240.00

Multipolar Technology

7D

0.4%

1Y

-35.2%

AREA

Rp176.00

Dunia Virtual Online

7D

0.6%

1Y

n/a

KREN

Rp7.00

Quantum Clovera Investama

7D

40.0%

1Y

-86.0%

ATIC

Rp344.00

Anabatic Technologies

7D

-0.6%

1Y

-3.4%

INET

Rp50.00

Sinergi Inti Andalan Prima

7D

-2.0%

1Y

-75.2%

MSTI

Rp1,570.00

Mastersystem Infotama

7D

0.6%

1Y

n/a

DCII

Rp41,700.00

DCI Indonesia

7D

5.6%

1Y

19.3%