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Indonesian (IDX) IT Industry Analysis

UpdatedJan 29, 2026
DataAggregated Company Financials
Companies12
  • 7D-7.3%
  • 3M-21.4%
  • 1Y294.9%
  • YTD-7.7%

Over the last 7 days, the IT industry has dropped 7.3%, driven by pullbacks from every company within the industry. In the past year, the industry has gained 295%. 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
Thu, 29 Jan 2026Rp626.8tRp30.3tRp2.5t65.8x254.8x20.7x
Sat, 27 Dec 2025Rp691.5tRp30.3tRp2.5t66.3x281.1x22.8x
Mon, 24 Nov 2025Rp794.7tRp30.3tRp2.4t64.3x324.4x26.3x
Wed, 22 Oct 2025Rp864.9tRp29.6tRp2.4t61.7x355.3x29.2x
Fri, 19 Sep 2025Rp1034.6tRp29.6tRp2.4t57.2x425x35x
Sun, 17 Aug 2025Rp1017.6tRp29.6tRp2.4t58.6x418x34.4x
Tue, 15 Jul 2025Rp448.0tRp30.5tRp2.5t42x177.7x14.7x
Thu, 12 Jun 2025Rp461.3tRp30.5tRp2.5t41.3x183.1x15.1x
Sat, 10 May 2025Rp465.3tRp31.4tRp2.5t40.3x185.9x14.8x
Mon, 07 Apr 2025Rp498.4tRp32.5tRp2.1t41.6x232.3x15.3x
Wed, 05 Mar 2025Rp372.1tRp33.1tRp2.1t37.7x176.6x11.3x
Fri, 31 Jan 2025Rp163.1tRp32.7tRp2.1t29.2x77.4x5x
Sun, 29 Dec 2024Rp153.4tRp32.7tRp2.1t29.2x72.1x4.7x
Tue, 26 Nov 2024Rp170.9tRp33.2tRp2.1t29.5x82.1x5.1x
Thu, 24 Oct 2024Rp155.5tRp33.5tRp2.0t30.7x77.4x4.6x
Sat, 21 Sep 2024Rp158.1tRp33.1tRp2.0t23.9x80.9x4.8x
Mon, 19 Aug 2024Rp121.5tRp33.1tRp2.0t16.5x62.2x3.7x
Wed, 17 Jul 2024Rp114.0tRp34.3tRp1.8t13.1x63.2x3.3x
Fri, 14 Jun 2024Rp97.5tRp33.4tRp1.5t13x63.2x2.9x
Sun, 12 May 2024Rp97.4tRp34.4tRp1.5t12.9x64.7x2.8x
Tue, 09 Apr 2024Rp95.5tRp24.1tRp1.1t16.8x85.1x4x
Thu, 07 Mar 2024Rp94.2tRp23.3tRp1.2t19.8x80.7x4x
Sat, 03 Feb 2024Rp104.6tRp24.2tRp1.4t25.1x73.6x4.3x
Mon, 01 Jan 2024Rp125.0tRp24.3tRp1.4t28.8x88.7x5.2x
Wed, 29 Nov 2023Rp128.5tRp24.0tRp1.4t28.6x90.6x5.4x
Fri, 27 Oct 2023Rp95.0tRp20.6tRp991.0b32.8x95.8x4.6x
Sun, 24 Sep 2023Rp97.6tRp20.6tRp991.0b36.9x98.5x4.7x
Tue, 22 Aug 2023Rp98.1tRp28.9tRp1.0t45.2x97.4x3.4x
Thu, 20 Jul 2023Rp99.7tRp28.4tRp1.1t39.4x91.6x3.5x
Sat, 17 Jun 2023Rp102.4tRp28.4tRp1.1t34.4x94.1x3.6x
Mon, 15 May 2023Rp99.9tRp27.5tRp1.2t35.8x85x3.6x
Wed, 12 Apr 2023Rp104.6tRp17.8tRp1.0t47.5x102.3x5.9x
Fri, 10 Mar 2023Rp112.6tRp30.5tRp852.2b60.7x132.1x3.7x
Sun, 05 Feb 2023Rp113.2tRp30.5tRp852.2b56.3x132.8x3.7x
Price to Earnings Ratio

132.8x


Total Market Cap: Rp113.2tTotal Earnings: Rp852.2bTotal Revenue: Rp30.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 145.5x202420252026
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 255x which is higher than its 3-year average PE of 146x.
  • The 3-year average PS ratio of 9.8x is lower than the industry's current PS ratio of 20.7x.
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 Market-7.92%
Tech-7.35%
IT-7.27%
Data Processing Services0%0
Internet Services and Infrastructure-7.09%
IT Consulting-7.94%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 290x.
    • 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 49.7x.
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
EDGE IndointernetRp4.68k1.7%
+Rp161.6b		21.9%PE68.8x

Latest News

WIRG
Rp85.00
WIR ASIA
7D
-15.0%
1Y
-25.4%
ATIC
Rp600.00
Anabatic Technologies
7D
-13.7%
1Y
48.5%
CYBR
Rp1,650.00
ITSEC Asia
7D
-8.1%
1Y
238.1%
MSTI
Rp1,360.00
Mastersystem Infotama
7D
-3.5%
1Y
-7.5%
INET
Rp368.00
Sinergi Inti Andalan Prima
7D
-33.1%
1Y
240.7%
EDGE
Rp4,680.00
Indointernet
7D
1.7%
1Y
21.9%
AREA
Rp428.00
Dunia Virtual Online
7D
-15.2%
1Y
114.0%
MLPT
Rp48,700.00
Multipolar Technology
7D
-21.0%
1Y
179.9%
DCII
Rp201,000.00
DCI Indonesia
7D
-6.8%
1Y
331.8%