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Indonesian (IDX) IT Industry Analysis

UpdatedMar 27, 2026
DataAggregated Company Financials
Companies12
  • 7D-4.0%
  • 3M-23.5%
  • 1Y7.4%
  • YTD-22.1%

Over the last 7 days, the IT industry has dropped 4.0%, driven by a pullback from DCI Indonesia of 4.2%. This takes the industry's 12 month performance to a gain of 7.4%. As for the next few years, earnings are expected to grow by 24% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Mar 2026Rp536.7tRp30.3tRp2.3t80.1x231.5x17.7x
Sun, 22 Feb 2026Rp611.9tRp30.3tRp2.5t70.4x248.7x20.2x
Tue, 20 Jan 2026Rp678.8tRp30.3tRp2.5t66.6x275.9x22.4x
Thu, 18 Dec 2025Rp739.0tRp30.3tRp2.5t67.3x300.4x24.4x
Sat, 15 Nov 2025Rp800.6tRp30.3tRp2.4t64.1x326.8x26.5x
Mon, 13 Oct 2025Rp1073.9tRp29.6tRp2.4t69.8x441.2x36.3x
Wed, 10 Sep 2025Rp913.6tRp29.6tRp2.4t57.3x375.3x30.9x
Fri, 08 Aug 2025Rp846.0tRp29.6tRp2.4t58.6x347.5x28.6x
Sun, 06 Jul 2025Rp445.4tRp30.5tRp2.5t44x176.7x14.6x
Tue, 03 Jun 2025Rp438.5tRp30.5tRp2.5t39.7x174x14.4x
Thu, 01 May 2025Rp485.2tRp33.1tRp2.5t39.9x196.7x14.7x
Sat, 29 Mar 2025Rp498.4tRp32.4tRp2.2t47.5x227.9x15.4x
Mon, 24 Feb 2025Rp287.7tRp32.7tRp2.1t37.5x136.5x8.8x
Wed, 22 Jan 2025Rp150.8tRp32.7tRp2.1t29.6x71.5x4.6x
Fri, 20 Dec 2024Rp151.4tRp32.7tRp2.1t28.8x71.3x4.6x
Sun, 17 Nov 2024Rp175.3tRp34.3tRp2.1t29.1x84.6x5.1x
Tue, 15 Oct 2024Rp146.9tRp33.5tRp2.0t30.1x73.1x4.4x
Thu, 12 Sep 2024Rp123.6tRp33.1tRp2.0t22.2x63.3x3.7x
Sat, 10 Aug 2024Rp114.1tRp33.1tRp2.0t13.8x58.4x3.4x
Mon, 08 Jul 2024Rp110.6tRp34.3tRp1.8t13x61.3x3.2x
Wed, 05 Jun 2024Rp98.9tRp33.3tRp1.5t13.1x64.1x3x
Fri, 03 May 2024Rp97.8tRp24.1tRp1.2t15x79.1x4.1x
Sun, 31 Mar 2024Rp97.0tRp24.1tRp1.3t20.2x77.5x4x
Tue, 27 Feb 2024Rp97.6tRp23.3tRp1.2t18.3x83.6x4.2x
Thu, 25 Jan 2024Rp114.3tRp24.2tRp1.4t26.3x80.4x4.7x
Sat, 23 Dec 2023Rp127.5tRp24.3tRp1.4t27.6x90.6x5.3x
Mon, 20 Nov 2023Rp103.6tRp24.0tRp1.4t28.8x73x4.3x
Wed, 18 Oct 2023Rp98.2tRp20.6tRp991.0b34x99.1x4.8x
Fri, 15 Sep 2023Rp95.1tRp20.6tRp991.0b36.8x96x4.6x
Sun, 13 Aug 2023Rp98.3tRp28.6tRp999.6b48.9x98.3x3.4x
Tue, 11 Jul 2023Rp98.7tRp28.4tRp1.1t35x90.7x3.5x
Thu, 08 Jun 2023Rp99.9tRp28.4tRp1.1t35.9x91.8x3.5x
Sat, 06 May 2023Rp101.0tRp27.1tRp1.1t36.9x90.4x3.7x
Mon, 03 Apr 2023Rp105.6tRp17.9tRp990.2b47.9x106.7x5.9x
Price to Earnings Ratio

106.7x


Total Market Cap: Rp105.6tTotal Earnings: Rp990.2bTotal Revenue: Rp17.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 151.8x202420252026
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 231x which is higher than its 3-year average PE of 152x.
  • The 3-year average PS ratio of 10.6x is lower than the industry's current PS ratio of 17.7x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 33% per year over the last three years.
  • Revenues for these companies have grown 19% 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 Market0.31%
Tech-3.77%
IT-3.99%
Data Processing Services0%0
IT Consulting-3.38%
Internet Services and Infrastructure-4.06%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 300x.
    • Analysts are expecting annual earnings growth of 35.0%, which is higher than its past year's earnings growth of 29.7% per year.
  • Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 51.5x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 9.7% 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
INET Sinergi Inti Andalan PrimaRp262.004.8%
+Rp268.5b
167.3%PE315.3x
MSTI Mastersystem InfotamaRp1.38k4.9%
+Rp204.1b
-1.8%PE7.9x
ATIC Anabatic TechnologiesRp560.003.7%
+Rp46.3b
21.7%PE5.5x
WIRG WIR ASIARp76.004.1%
+Rp35.8b
-10.6%PE10.1x
WGSH Wira Global SolusiRp264.007.3%
+Rp18.8b
32.0%PE52.2x

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