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Indonesian (IDX) IT Industry Analysis

UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies12
  • 7D3.8%
  • 3M4.7%
  • 1Y55.9%
  • YTD5.5%

Over the last 7 days, the IT industry has remained flat, although notably DCI Indonesia gained 3.3%. The past year has been better, since the industry has gained 54% in that time. Looking forward, earnings are forecast to grow by 6.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Feb 2025Rp164.5tRp32.7tRp2.1t29.2x78.1x5x
Mon, 30 Dec 2024Rp153.4tRp32.7tRp2.1t29.2x72.1x4.7x
Wed, 27 Nov 2024Rp170.0tRp33.2tRp2.1t29.4x81.7x5.1x
Fri, 25 Oct 2024Rp155.5tRp33.5tRp2.0t30.4x77.4x4.6x
Sun, 22 Sep 2024Rp157.7tRp33.1tRp2.0t23.9x80.7x4.8x
Tue, 20 Aug 2024Rp121.5tRp33.1tRp2.0t16.6x62.2x3.7x
Thu, 18 Jul 2024Rp114.5tRp34.3tRp1.8t13.2x63.4x3.3x
Sat, 15 Jun 2024Rp99.7tRp33.4tRp1.5t12.7x64.6x3x
Mon, 13 May 2024Rp97.4tRp34.6tRp1.5t12.9x63.4x2.8x
Wed, 10 Apr 2024Rp95.5tRp24.1tRp1.1t16.8x85.1x4x
Fri, 08 Mar 2024Rp94.2tRp23.3tRp1.2t19.5x80.7x4x
Sun, 04 Feb 2024Rp104.5tRp24.2tRp1.4t25.1x73.5x4.3x
Tue, 02 Jan 2024Rp125.0tRp24.3tRp1.4t28.8x88.7x5.2x
Thu, 30 Nov 2023Rp127.3tRp24.0tRp1.4t31x89.7x5.3x
Sat, 28 Oct 2023Rp97.7tRp20.6tRp991.0b33.4x98.6x4.7x
Mon, 25 Sep 2023Rp97.6tRp20.6tRp991.0b36.9x98.5x4.7x
Wed, 23 Aug 2023Rp98.4tRp28.9tRp1.0t36.8x97.7x3.4x
Fri, 21 Jul 2023Rp99.7tRp28.4tRp1.1t39.4x91.6x3.5x
Sun, 18 Jun 2023Rp102.4tRp28.4tRp1.1t34.4x94.1x3.6x
Tue, 16 May 2023Rp99.9tRp27.5tRp1.2t35.5x85x3.6x
Thu, 13 Apr 2023Rp105.5tRp17.8tRp1.0t46.3x103.3x5.9x
Sat, 11 Mar 2023Rp112.4tRp30.3tRp973.6b60.5x115.5x3.7x
Mon, 06 Feb 2023Rp113.2tRp30.5tRp852.2b56.3x132.8x3.7x
Wed, 04 Jan 2023Rp114.5tRp30.4tRp601.9b152.8x190.2x3.8x
Fri, 02 Dec 2022Rp115.0tRp30.4tRp602.8b152x190.8x3.8x
Sun, 30 Oct 2022Rp120.0tRp30.5tRp570.4b176.9x210.3x3.9x
Tue, 27 Sep 2022Rp129.9tRp30.5tRp570.4b185.2x227.7x4.3x
Thu, 25 Aug 2022Rp123.1tRp17.8tRp965.5b109.9x127.5x6.9x
Sat, 23 Jul 2022Rp137.5tRp17.6tRp772.2b118.9x178x7.8x
Mon, 20 Jun 2022Rp119.5tRp17.5tRp755.9b115.8x158x6.8x
Wed, 18 May 2022Rp133.2tRp23.2tRp169.4b116.8x786.5x5.7x
Fri, 15 Apr 2022Rp145.6tRp22.8tRp121.1b120.5x1201.9x6.4x
Sun, 13 Mar 2022Rp135.2tRp22.6tRp100.0b142x1352.7x6x
Tue, 08 Feb 2022Rp137.1tRp22.5tRp55.5b129x2468.7x6.1x
Price to Earnings Ratio

2468.7x


Total Market Cap: Rp137.1tTotal Earnings: Rp55.5bTotal Revenue: Rp22.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 264.9x202320242025
Current Industry PE
  • Investors are pessimistic on the Indonesian IT industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 77.4x which is lower than its 3-year average PE of 267x.
  • The industry is trading close to its 3-year average PS ratio of 4.6x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 236% per year over the last three years.
  • Revenues for these companies have grown 13% 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 Market-1.18%
Tech3.53%
IT3.79%
IT Consulting4.46%
Internet Services and Infrastructure3.48%
Data Processing Services0%0
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry even though it's trading below 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 15.8x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 6.5% over the next 5 years.
  • However this is lower than its past earnings growth rate of 30% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 6.5% 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 IndonesiaRp46.50k3.3%
+Rp3.6t
29.2%PE186.8x
MLPT Multipolar TechnologyRp18.18k4.5%
+Rp1.5t
1,095.7%PE92x
CYBR ITSEC AsiaRp500.0018.5%
+Rp505.6b
127.3%PS13.6x
INET Sinergi Inti Andalan PrimaRp109.0036.3%
+Rp217.5b
58.0%PE564.5x
WIRG WIR ASIARp113.009.7%
+Rp119.4b
17.7%PE17.3x
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Latest News

MLPT

Rp18,175.00

Multipolar Technology

7D

4.5%

1Y

1,095.7%

INET

Rp109.00

Sinergi Inti Andalan Prima

7D

36.3%

1Y

58.0%

MSTI

Rp1,490.00

Mastersystem Infotama

7D

1.7%

1Y

12.9%

CYBR

Rp500.00

ITSEC Asia

7D

18.5%

1Y

127.3%

EDGE

Rp3,750.00

Indointernet

7D

1.4%

1Y

4.5%

ELIT

Rp130.00

Data Sinergitama Jaya

7D

4.0%

1Y

52.9%

DCII

Rp46,500.00

DCI Indonesia

7D

3.3%

1Y

29.2%

AREA

Rp202.00

Dunia Virtual Online

7D

-2.9%

1Y

n/a

ATIC

Rp406.00

Anabatic Technologies

7D

-1.0%

1Y

3.6%

WIRG

Rp113.00

WIR ASIA

7D

9.7%

1Y

17.7%

WGSH

Rp93.00

Wira Global Solusi

7D

-3.1%

1Y

14.8%

KREN

Rp8.00

Quantum Clovera Investama

7D

-11.1%

1Y

-84.0%