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Indonesian (IDX) IT Industry Analysis

UpdatedFeb 07, 2026
DataAggregated Company Financials
Companies12
  • 7D4.2%
  • 3M-22.5%
  • 1Y236.2%
  • YTD-8.6%

The IT industry is up 4.1% in the last week, with DCI Indonesia up 9.3%. In the same time, Multipolar Technology was down 21%. This means that the industry has gained 236% over the past year. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Feb 2026Rp620.3tRp30.3tRp2.5t71.8x252.1x20.5x
Mon, 05 Jan 2026Rp679.0tRp30.3tRp2.5t65.2x276x22.4x
Wed, 03 Dec 2025Rp729.5tRp30.3tRp2.5t67.3x296.5x24.1x
Fri, 31 Oct 2025Rp796.7tRp30.0tRp2.6t60.2x309.7x26.5x
Sun, 28 Sep 2025Rp1014.6tRp29.6tRp2.4t59x416.8x34.3x
Tue, 26 Aug 2025Rp936.1tRp29.6tRp2.4t58.7x384.5x31.6x
Thu, 24 Jul 2025Rp913.9tRp30.5tRp2.5t47x361.7x29.9x
Sat, 21 Jun 2025Rp447.3tRp30.5tRp2.5t42.5x177.5x14.7x
Mon, 19 May 2025Rp460.0tRp31.5tRp2.5t40.8x183x14.6x
Wed, 16 Apr 2025Rp449.9tRp32.6tRp2.2t47.2x205.3x13.8x
Fri, 14 Mar 2025Rp642.6tRp33.1tRp2.1t40.9x305.9x19.4x
Sun, 09 Feb 2025Rp184.3tRp32.7tRp2.1t29.9x87.4x5.6x
Tue, 07 Jan 2025Rp155.7tRp32.8tRp2.1t28.4x73.7x4.8x
Thu, 05 Dec 2024Rp165.6tRp32.7tRp2.1t29.6x78x5.1x
Sat, 02 Nov 2024Rp153.0tRp34.3tRp2.1t30.9x73.8x4.5x
Mon, 30 Sep 2024Rp155.8tRp33.1tRp2.0t27.8x79.7x4.7x
Wed, 28 Aug 2024Rp119.4tRp33.1tRp2.0t18x61.1x3.6x
Fri, 26 Jul 2024Rp119.6tRp34.4tRp1.8t13.3x66.2x3.5x
Sun, 23 Jun 2024Rp104.3tRp34.3tRp1.8t14.2x57.8x3x
Tue, 21 May 2024Rp102.0tRp34.6tRp1.5t13.1x67x3x
Thu, 18 Apr 2024Rp95.8tRp24.3tRp1.1t14.8x84.5x3.9x
Sat, 16 Mar 2024Rp98.5tRp23.3tRp1.2t20.1x84.4x4.2x
Mon, 12 Feb 2024Rp108.7tRp24.2tRp1.4t19.9x76.6x4.5x
Wed, 10 Jan 2024Rp119.4tRp24.2tRp1.4t29.7x84x4.9x
Fri, 08 Dec 2023Rp134.2tRp24.2tRp1.4t30x96.7x5.6x
Sun, 05 Nov 2023Rp96.6tRp20.4tRp995.3b29.2x97.1x4.7x
Tue, 03 Oct 2023Rp97.9tRp20.6tRp991.0b36.2x98.8x4.7x
Thu, 31 Aug 2023Rp97.7tRp28.9tRp1.0t42.7x97x3.4x
Sat, 29 Jul 2023Rp101.0tRp28.5tRp1.1t42x89.2x3.5x
Mon, 26 Jun 2023Rp103.9tRp28.4tRp1.1t34.3x95.5x3.7x
Wed, 24 May 2023Rp98.2tRp28.4tRp1.1t34.6x90x3.5x
Fri, 21 Apr 2023Rp105.4tRp19.5tRp1.1t41x99.3x5.4x
Sun, 19 Mar 2023Rp106.2tRp17.8tRp985.3b49.8x107.8x6x
Tue, 14 Feb 2023Rp113.3tRp30.5tRp852.2b61.9x132.9x3.7x
Price to Earnings Ratio

132.9x


Total Market Cap: Rp113.3tTotal Earnings: Rp852.2bTotal Revenue: Rp30.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 146.5x202420252026
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 10.0x 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-4.59%
Tech3.88%
IT4.19%
Internet Services and Infrastructure9.07%
Data Processing Services0%0
IT Consulting-16.37%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 291x.
    • 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 50.2x.
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 IndonesiaRp218.55k9.3%
+Rp44.2t		379.3%PE444.5x
EDGE IndointernetRp4.89k5.8%
+Rp545.5b		33.2%PE71.8x

Latest News

ELIT
Rp244.00
Data Sinergitama Jaya
7D
-24.2%
1Y
87.7%
CYBR
Rp1,600.00
ITSEC Asia
7D
-7.2%
1Y
207.7%
ATIC
Rp580.00
Anabatic Technologies
7D
-7.2%
1Y
40.8%
WIRG
Rp79.00
WIR ASIA
7D
-9.2%
1Y
-24.0%
INET
Rp326.00
Sinergi Inti Andalan Prima
7D
-13.3%
1Y
196.4%
KREN
Rp19.00
Quantum Clovera Investama
7D
-13.6%
1Y
111.1%
EDGE
Rp4,890.00
Indointernet
7D
5.8%
1Y
33.2%
AREA
Rp382.00
Dunia Virtual Online
7D
-10.7%
1Y
89.1%
MLPT
Rp35,900.00
Multipolar Technology
7D
-21.0%
1Y
19.7%
DCII
Rp218,550.00
DCI Indonesia
7D
9.3%
1Y
379.3%