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Indonesian (IDX) IT Industry Analysis

UpdatedJul 19, 2025
DataAggregated Company Financials
Companies12
  • 7D50.5%
  • 3M47.5%
  • 1Y478.4%
  • YTD320.6%

The IT industry is up 51% in the last week, with DCI Indonesia up 62%. This means that the industry has gained 478% over the past year. As for the next few years, earnings are expected to grow by 7.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 20 Jul 2025Rp619.2tRp30.5tRp2.5t47x245.6x20.3x
Tue, 17 Jun 2025Rp451.5tRp30.5tRp2.5t43.3x179.2x14.8x
Thu, 15 May 2025Rp463.3tRp31.5tRp2.5t40.6x184.3x14.7x
Sat, 12 Apr 2025Rp453.9tRp32.5tRp2.1t41.1x211.4x14x
Mon, 10 Mar 2025Rp467.2tRp33.1tRp2.1t40.3x222.4x14.1x
Wed, 05 Feb 2025Rp178.4tRp32.7tRp2.1t29.8x84.6x5.4x
Fri, 03 Jan 2025Rp154.9tRp32.7tRp2.1t29x72.8x4.7x
Sun, 01 Dec 2024Rp168.1tRp33.2tRp2.1t29.6x80.8x5.1x
Tue, 29 Oct 2024Rp153.9tRp33.6tRp2.0t29.8x75.8x4.6x
Thu, 26 Sep 2024Rp155.0tRp33.1tRp2.0t25.9x79.4x4.7x
Sat, 24 Aug 2024Rp120.4tRp33.1tRp2.0t17.4x61.6x3.6x
Mon, 22 Jul 2024Rp114.5tRp34.3tRp1.8t13.4x63.4x3.3x
Wed, 19 Jun 2024Rp104.4tRp34.3tRp1.8t14.3x57.8x3x
Fri, 17 May 2024Rp102.1tRp34.6tRp1.5t13.1x66.5x3x
Sun, 14 Apr 2024Rp95.4tRp24.1tRp1.1t16.8x85x4x
Tue, 12 Mar 2024Rp94.2tRp23.3tRp1.2t19.2x80.7x4x
Thu, 08 Feb 2024Rp108.8tRp24.2tRp1.4t19.9x76.6x4.5x
Sat, 06 Jan 2024Rp124.2tRp24.2tRp1.4t30x87.5x5.1x
Mon, 04 Dec 2023Rp119.3tRp24.0tRp1.4t32.5x84.1x5x
Wed, 01 Nov 2023Rp97.5tRp20.6tRp991.0b32.4x98.4x4.7x
Fri, 29 Sep 2023Rp97.6tRp20.6tRp991.0b36.8x98.4x4.7x
Sun, 27 Aug 2023Rp98.0tRp28.9tRp1.0t39.9x97.3x3.4x
Tue, 25 Jul 2023Rp100.0tRp28.4tRp1.1t38.3x91.8x3.5x
Thu, 22 Jun 2023Rp104.1tRp28.4tRp1.1t33.7x95.6x3.7x
Sat, 20 May 2023Rp104.2tRp28.4tRp1.1t35.8x95.5x3.7x
Mon, 17 Apr 2023Rp105.4tRp19.5tRp1.1t42.2x99.3x5.4x
Wed, 15 Mar 2023Rp111.5tRp30.3tRp973.6b60.3x114.5x3.7x
Fri, 10 Feb 2023Rp113.2tRp30.5tRp852.2b59.4x132.9x3.7x
Sun, 08 Jan 2023Rp115.6tRp30.4tRp850.5b49.1x136x3.8x
Tue, 06 Dec 2022Rp114.8tRp30.4tRp602.8b150.6x190.5x3.8x
Thu, 03 Nov 2022Rp119.4tRp30.6tRp540.7b171.9x220.8x3.9x
Sat, 01 Oct 2022Rp124.2tRp30.5tRp570.4b179.6x217.7x4.1x
Mon, 29 Aug 2022Rp127.9tRp18.1tRp936.2b180.6x136.6x7.1x
Wed, 27 Jul 2022Rp131.9tRp17.6tRp772.2b114.9x170.8x7.5x
Price to Earnings Ratio

170.8x


Total Market Cap: Rp131.9tTotal Earnings: Rp772.2bTotal Revenue: Rp17.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 117.4x202320242025
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 246x which is higher than its 3-year average PE of 117x.
  • The 3-year average PS ratio of 5.7x is lower than the industry's current PS ratio of 20.3x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 48% per year over the last three years.
  • Revenues for these companies have grown 20% 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 Market4.95%
Tech48.77%
IT50.54%
Internet Services and Infrastructure61.89%
IT Consulting4.05%
Data Processing Services0%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 239x.
    • 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 of 38.3x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 7.7% over the next 5 years.
  • This is better than its past earnings decline of 3.7% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 7.7% 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 IndonesiaRp245.00k62.2%
+Rp224.0t
520.3%PE544.4x
EDGE IndointernetRp4.64k19.0%
+Rp1.5t
17.8%PE47x
MLPT Multipolar TechnologyRp32.60k2.3%
+Rp1.4t
2,539.7%PE166.3x
INET Sinergi Inti Andalan PrimaRp268.0041.1%
+Rp643.7b
425.5%PE947.9x
MSTI Mastersystem InfotamaRp1.46k3.2%
+Rp141.3b
-6.4%PE8.5x

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