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- 7D2.0%
- 3M-19.6%
- 1Y22.0%
- YTD-20.3%
Over the last 7 days, the IT industry has risen 2.0%, driven by gains from Multipolar Technology of 33%. In the same time, Wira Global Solusi was down 6.0%. In the last 12 months, the industry was up 22%. Looking forward, earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Indonesian IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 12 Apr 2026 | Rp549.5t | Rp29.8t | Rp2.3t | 80.1x | 239.9x | 18.4x |
| Tue, 10 Mar 2026 | Rp575.0t | Rp30.0t | Rp2.3t | 70.4x | 248.8x | 19.1x |
| Thu, 05 Feb 2026 | Rp629.7t | Rp30.3t | Rp2.5t | 73.5x | 256x | 20.8x |
| Sat, 03 Jan 2026 | Rp679.0t | Rp30.3t | Rp2.5t | 65.2x | 276x | 22.4x |
| Mon, 01 Dec 2025 | Rp738.1t | Rp30.3t | Rp2.5t | 66.7x | 300x | 24.4x |
| Wed, 29 Oct 2025 | Rp831.9t | Rp30.0t | Rp2.6t | 60.4x | 323.4x | 27.7x |
| Fri, 26 Sep 2025 | Rp1036.3t | Rp29.6t | Rp2.4t | 57.1x | 425.7x | 35x |
| Sun, 24 Aug 2025 | Rp981.3t | Rp29.6t | Rp2.4t | 59.5x | 403.1x | 33.2x |
| Tue, 22 Jul 2025 | Rp776.2t | Rp30.5t | Rp2.5t | 49.1x | 307.9x | 25.4x |
| Thu, 19 Jun 2025 | Rp454.0t | Rp30.5t | Rp2.5t | 41.6x | 180.2x | 14.9x |
| Sat, 17 May 2025 | Rp461.2t | Rp31.5t | Rp2.5t | 40.8x | 183.5x | 14.6x |
| Mon, 14 Apr 2025 | Rp448.9t | Rp32.6t | Rp2.2t | 47.9x | 204.8x | 13.8x |
| Wed, 12 Mar 2025 | Rp557.1t | Rp33.1t | Rp2.1t | 41.7x | 265.2x | 16.8x |
| Fri, 07 Feb 2025 | Rp186.7t | Rp32.7t | Rp2.1t | 29.3x | 88.6x | 5.7x |
| Sun, 05 Jan 2025 | Rp154.1t | Rp32.7t | Rp2.1t | 28.7x | 72.4x | 4.7x |
| Tue, 03 Dec 2024 | Rp166.9t | Rp33.2t | Rp2.1t | 29.1x | 80.2x | 5x |
| Thu, 31 Oct 2024 | Rp145.2t | Rp34.3t | Rp2.1t | 30.7x | 70.1x | 4.2x |
| Sat, 28 Sep 2024 | Rp154.6t | Rp33.1t | Rp2.0t | 27.8x | 79.2x | 4.7x |
| Mon, 26 Aug 2024 | Rp119.1t | Rp33.1t | Rp2.0t | 17.4x | 60.9x | 3.6x |
| Wed, 24 Jul 2024 | Rp122.8t | Rp34.3t | Rp1.8t | 13.3x | 68x | 3.6x |
| Fri, 21 Jun 2024 | Rp103.9t | Rp34.3t | Rp1.8t | 14x | 57.5x | 3x |
| Sun, 19 May 2024 | Rp102.1t | Rp34.6t | Rp1.5t | 13.3x | 67.2x | 3x |
| Tue, 16 Apr 2024 | Rp95.4t | Rp24.1t | Rp1.1t | 16.8x | 85.1x | 4x |
| Thu, 14 Mar 2024 | Rp94.2t | Rp23.3t | Rp1.2t | 18.3x | 80.7x | 4x |
| Sat, 10 Feb 2024 | Rp108.7t | Rp24.2t | Rp1.4t | 19.9x | 76.6x | 4.5x |
| Mon, 08 Jan 2024 | Rp123.5t | Rp24.2t | Rp1.4t | 30x | 86.9x | 5.1x |
| Wed, 06 Dec 2023 | Rp142.2t | Rp24.2t | Rp1.4t | 30.6x | 102.5x | 5.9x |
| Fri, 03 Nov 2023 | Rp96.5t | Rp20.6t | Rp991.0b | 30.7x | 97.4x | 4.7x |
| Sun, 01 Oct 2023 | Rp97.8t | Rp20.6t | Rp991.0b | 36.9x | 98.7x | 4.7x |
| Tue, 29 Aug 2023 | Rp97.7t | Rp28.9t | Rp1.0t | 38.1x | 97x | 3.4x |
| Thu, 27 Jul 2023 | Rp98.5t | Rp28.5t | Rp1.1t | 39.8x | 87.1x | 3.5x |
| Sat, 24 Jun 2023 | Rp104.2t | Rp28.4t | Rp1.1t | 34.3x | 95.7x | 3.7x |
| Mon, 22 May 2023 | Rp104.2t | Rp28.4t | Rp1.1t | 35.8x | 95.5x | 3.7x |
| Wed, 19 Apr 2023 | Rp105.4t | Rp19.5t | Rp1.1t | 41x | 99.3x | 5.4x |
Price to Earnings Ratio
99.3x
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 240x which is higher than its 3-year average PE of 154x.
- The 3-year average PS ratio of 10.8x is lower than the industry's current PS ratio of 18.4x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 29% per year over the last three years.
- Revenues for these companies have grown 15% 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 | 7.52% | |
| Tech | 2.00% | |
| IT | 1.98% | |
| IT Consulting | 19.37% | |
| Internet Services and Infrastructure | 0.15% | |
| Data Processing Services | 0% | 0 |
Industry PE
- Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 303x.
- 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 close to its 3-year average of 51.8x.
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 9.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MLPT Multipolar Technology | Rp18.10k | 32.8% +Rp8.4t | -48.3% | PE100.9x | |
| CYBR ITSEC Asia | Rp1.50k | 15.9% +Rp1.4t | 96.7% | PE154.7x | |
| INET Sinergi Inti Andalan Prima | Rp284.00 | 10.9% +Rp626.5b | 155.9% | PE259.5x | |
| AREA Dunia Virtual Online | Rp338.00 | 14.2% +Rp106.7b | -15.9% | PE86.2x | |
| WIRG WIR ASIA | Rp84.00 | 6.3% +Rp59.7b | 2.4% | PE13.7x |