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Indonesian (IDX) IT Industry Analysis

UpdatedJan 19, 2026
DataAggregated Company Financials
Companies12
  • 7D-0.05%
  • 3M-22.4%
  • 1Y343.7%
  • YTD-1.1%

Over the last 7 days, the IT industry has remained flat, although notably ITSEC Asia gained 5.4%. As for the the longer term, the industry is up 344% over the past 12 months. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 19 Jan 2026Rp671.3tRp30.3tRp2.5t66.1x272.9x22.2x
Wed, 17 Dec 2025Rp742.1tRp30.3tRp2.5t68.3x301.7x24.5x
Fri, 14 Nov 2025Rp802.3tRp30.3tRp2.4t64.5x327.5x26.5x
Sun, 12 Oct 2025Rp1073.9tRp29.6tRp2.4t69.8x441.2x36.3x
Tue, 09 Sep 2025Rp934.4tRp29.6tRp2.4t57.3x383.9x31.6x
Thu, 07 Aug 2025Rp928.4tRp29.6tRp2.4t58.3x382.1x31.4x
Sat, 05 Jul 2025Rp448.8tRp30.5tRp2.5t44x178x14.7x
Mon, 02 Jun 2025Rp443.2tRp30.5tRp2.5t41.3x175.9x14.5x
Wed, 30 Apr 2025Rp491.1tRp33.1tRp2.5t39.1x199.1x14.9x
Fri, 28 Mar 2025Rp491.2tRp33.5tRp2.3t47.2x214.9x14.7x
Sun, 23 Feb 2025Rp287.7tRp32.7tRp2.1t37.5x136.5x8.8x
Tue, 21 Jan 2025Rp151.1tRp32.7tRp2.1t30x71.7x4.6x
Thu, 19 Dec 2024Rp153.2tRp32.7tRp2.1t29.5x72.1x4.7x
Sat, 16 Nov 2024Rp175.3tRp34.3tRp2.1t29.1x84.6x5.1x
Mon, 14 Oct 2024Rp146.9tRp33.5tRp2.0t30.1x73.1x4.4x
Wed, 11 Sep 2024Rp123.7tRp33.1tRp2.0t20.6x63.3x3.7x
Fri, 09 Aug 2024Rp113.9tRp33.1tRp2.0t13.6x58.3x3.4x
Sun, 07 Jul 2024Rp110.6tRp34.3tRp1.8t13x61.3x3.2x
Tue, 04 Jun 2024Rp99.7tRp33.3tRp1.5t12.9x64.6x3x
Thu, 02 May 2024Rp97.8tRp24.1tRp1.2t14.7x79x4.1x
Sat, 30 Mar 2024Rp97.0tRp24.1tRp1.3t20.2x77.5x4x
Mon, 26 Feb 2024Rp97.5tRp23.3tRp1.2t18.6x83.5x4.2x
Wed, 24 Jan 2024Rp114.8tRp24.2tRp1.4t27.2x80.8x4.7x
Fri, 22 Dec 2023Rp125.3tRp24.3tRp1.4t27.9x89x5.2x
Sun, 19 Nov 2023Rp103.6tRp24.0tRp1.4t28.8x73x4.3x
Tue, 17 Oct 2023Rp98.2tRp20.6tRp991.0b35.6x99.1x4.8x
Thu, 14 Sep 2023Rp95.1tRp20.6tRp991.0b36.9x96x4.6x
Sat, 12 Aug 2023Rp98.3tRp28.6tRp999.6b48.9x98.4x3.4x
Mon, 10 Jul 2023Rp98.7tRp28.4tRp1.1t34.8x90.7x3.5x
Wed, 07 Jun 2023Rp101.7tRp28.4tRp1.1t34.5x93.5x3.6x
Fri, 05 May 2023Rp101.0tRp27.1tRp1.1t38.6x90.5x3.7x
Sun, 02 Apr 2023Rp105.6tRp17.9tRp990.2b47.9x106.7x5.9x
Tue, 28 Feb 2023Rp112.7tRp30.5tRp852.2b62.3x132.3x3.7x
Thu, 26 Jan 2023Rp113.2tRp30.5tRp852.2b56x132.8x3.7x
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 144.2x202420252026
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 273x which is higher than its 3-year average PE of 144x.
  • The 3-year average PS ratio of 9.6x is lower than the industry's current PS ratio of 22.2x.
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 Market1.88%
Tech-0.087%
IT-0.053%
IT Consulting0.43%
Data Processing Services0%0
Internet Services and Infrastructure-0.19%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 288x.
    • 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 49.0x.
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 IndonesiaRp223.50k2.3%
+Rp11.9t		442.1%PE454.6x
INET Sinergi Inti Andalan PrimaRp575.0017.3%
+Rp756.0b		601.2%PE275x
CYBR ITSEC AsiaRp1.76k6.0%
+Rp664.6b		332.3%PE214.8x
EDGE IndointernetRp4.53k3.2%
+Rp282.8b		19.2%PE66.6x
ELIT Data Sinergitama JayaRp294.0026.7%
+Rp125.2b		137.1%PE20x

Latest News

ELIT
Rp294.00
Data Sinergitama Jaya
7D
26.7%
1Y
137.1%
CYBR
Rp1,755.00
ITSEC Asia
7D
6.0%
1Y
332.3%
MSTI
Rp1,445.00
Mastersystem Infotama
7D
2.1%
1Y
-0.3%
INET
Rp575.00
Sinergi Inti Andalan Prima
7D
17.3%
1Y
601.2%
KREN
Rp34.00
Quantum Clovera Investama
7D
17.2%
1Y
209.1%
EDGE
Rp4,530.00
Indointernet
7D
3.2%
1Y
19.2%
DCII
Rp223,500.00
DCI Indonesia
7D
2.3%
1Y
442.1%
WIRG
Rp105.00
WIR ASIA
7D
2.9%
1Y
-11.8%