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Indonesian (IDX) IT Industry Analysis

UpdatedFeb 19, 2026
DataAggregated Company Financials
Companies12
  • 7D-0.6%
  • 3M-20.2%
  • 1Y179.8%
  • YTD-6.3%

Over the last 7 days, the IT industry has remained flat, although notably Sinergi Inti Andalan Prima gained 13%. As for the the longer term, the industry is up 213% over the past 12 months. 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
Thu, 19 Feb 2026Rp636.2tRp30.3tRp2.5t70.4x258.6x21x
Sat, 17 Jan 2026Rp671.3tRp30.3tRp2.5t66.1x272.9x22.2x
Mon, 15 Dec 2025Rp745.8tRp30.3tRp2.5t65.8x303.2x24.6x
Wed, 12 Nov 2025Rp799.2tRp30.3tRp2.4t63.8x326.2x26.4x
Fri, 10 Oct 2025Rp1058.3tRp29.6tRp2.4t73.2x434.8x35.8x
Sun, 07 Sep 2025Rp947.7tRp29.6tRp2.4t57.3x389.3x32x
Tue, 05 Aug 2025Rp930.3tRp30.8tRp2.6t59.2x362.9x30.2x
Thu, 03 Jul 2025Rp448.9tRp30.5tRp2.5t43.5x178.1x14.7x
Sat, 31 May 2025Rp443.2tRp30.5tRp2.5t41.3x175.9x14.5x
Mon, 28 Apr 2025Rp489.0tRp33.0tRp2.5t38.6x198.1x14.8x
Wed, 26 Mar 2025Rp491.1tRp33.5tRp2.3t46.9x214.8x14.7x
Fri, 21 Feb 2025Rp255.9tRp32.7tRp2.1t38.9x121.4x7.8x
Sun, 19 Jan 2025Rp151.2tRp32.7tRp2.1t29.6x71.8x4.6x
Tue, 17 Dec 2024Rp154.6tRp32.7tRp2.1t29.6x72.8x4.7x
Thu, 14 Nov 2024Rp164.7tRp34.3tRp2.1t28.7x79.4x4.8x
Sat, 12 Oct 2024Rp148.4tRp33.5tRp2.0t30.1x73.9x4.4x
Mon, 09 Sep 2024Rp119.7tRp33.1tRp2.0t19.7x61.3x3.6x
Wed, 07 Aug 2024Rp113.8tRp33.1tRp2.0t13.1x58.2x3.4x
Fri, 05 Jul 2024Rp110.5tRp34.3tRp1.8t12.7x61.2x3.2x
Sun, 02 Jun 2024Rp99.7tRp33.3tRp1.5t12.2x64.6x3x
Tue, 30 Apr 2024Rp98.2tRp23.6tRp1.2t14.6x82.8x4.2x
Thu, 28 Mar 2024Rp96.4tRp23.3tRp1.2t18.9x80.5x4.1x
Sat, 24 Feb 2024Rp98.6tRp23.3tRp1.2t18.6x84.5x4.2x
Mon, 22 Jan 2024Rp115.0tRp24.2tRp1.4t27.9x80.9x4.7x
Wed, 20 Dec 2023Rp126.4tRp24.3tRp1.4t28.2x89.7x5.2x
Fri, 17 Nov 2023Rp94.9tRp24.0tRp1.4t27.1x66.9x4x
Sun, 15 Oct 2023Rp98.2tRp20.6tRp991.0b35.5x99.1x4.8x
Tue, 12 Sep 2023Rp94.7tRp20.6tRp991.0b37.8x95.5x4.6x
Thu, 10 Aug 2023Rp97.1tRp28.6tRp999.6b48.9x97.1x3.4x
Sat, 08 Jul 2023Rp98.1tRp28.4tRp1.1t34.8x90.1x3.4x
Mon, 05 Jun 2023Rp100.3tRp28.4tRp1.1t39.3x92.2x3.5x
Wed, 03 May 2023Rp106.3tRp27.4tRp1.2t37.8x92.3x3.9x
Fri, 31 Mar 2023Rp105.6tRp17.9tRp990.2b47.9x106.7x5.9x
Sun, 26 Feb 2023Rp113.1tRp30.5tRp852.2b60x132.7x3.7x
Price to Earnings Ratio

132.7x


Total Market Cap: Rp113.1tTotal Earnings: Rp852.2bTotal Revenue: Rp30.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 147.8x202420252026
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 258x which is higher than its 3-year average PE of 148x.
  • The 3-year average PS ratio of 10.1x is lower than the industry's current PS ratio of 21.0x.
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-0.078%
Tech-0.55%
IT-0.60%
Data Processing Services0%0
Internet Services and Infrastructure-0.16%
IT Consulting-3.03%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 293x.
    • 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 50.6x.
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
INET Sinergi Inti Andalan PrimaRp430.0012.6%
+Rp426.9b		277.2%PE205.7x
MSTI Mastersystem InfotamaRp1.40k3.7%
+Rp157.0b		-1.4%PE8.3x
AREA Dunia Virtual OnlineRp420.001.4%
+Rp15.2b		101.9%PE122.1x

Latest News

CYBR
Rp1,515.00
ITSEC Asia
7D
-3.5%
1Y
152.5%
WGSH
Rp250.00
Wira Global Solusi
7D
-5.3%
1Y
131.5%
ELIT
Rp266.00
Data Sinergitama Jaya
7D
-0.7%
1Y
95.6%
ATIC
Rp640.00
Anabatic Technologies
7D
-0.8%
1Y
30.1%
MSTI
Rp1,395.00
Mastersystem Infotama
7D
3.7%
1Y
-1.4%
WIRG
Rp84.00
WIR ASIA
7D
-1.2%
1Y
-27.6%
INET
Rp430.00
Sinergi Inti Andalan Prima
7D
12.6%
1Y
277.2%
KREN
Rp21.00
Quantum Clovera Investama
7D
-4.5%
1Y
162.5%
AREA
Rp420.00
Dunia Virtual Online
7D
1.4%
1Y
101.9%
MLPT
Rp36,125.00
Multipolar Technology
7D
-3.9%
1Y
-5.6%
DCII
Rp224,775.00
DCI Indonesia
7D
-0.2%
1Y
301.2%