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Indonesian (IDX) IT Industry Analysis

UpdatedFeb 28, 2024
DataAggregated Company Financials
Companies9
  • 7D-1.3%
  • 3M-14.5%
  • 1Y-6.1%
  • YTD-14.3%

Over the last 7 days, the IT industry has dropped 1.2%, driven by a pullback from DCI Indonesia of 2.0%. In contrast, Indointernet has gained 5.1%. However, the industry is down 6.1% over the past year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024Rp97.4tRp23.3tRp1.2t18.9x83.5x4.2x
Fri, 26 Jan 2024Rp113.0tRp24.2tRp1.4t26x79.5x4.7x
Sun, 24 Dec 2023Rp127.6tRp24.3tRp1.4t27.6x90.6x5.3x
Tue, 21 Nov 2023Rp103.6tRp24.0tRp1.4t28.8x73x4.3x
Thu, 19 Oct 2023Rp98.1tRp20.6tRp991.0b31.9x99x4.8x
Sat, 16 Sep 2023Rp95.1tRp20.6tRp991.0b36.8x96x4.6x
Mon, 14 Aug 2023Rp98.3tRp28.6tRp999.6b48.9x98.3x3.4x
Wed, 12 Jul 2023Rp98.5tRp28.4tRp1.1t36.2x90.5x3.5x
Fri, 09 Jun 2023Rp100.7tRp28.4tRp1.1t35.1x92.5x3.5x
Sun, 07 May 2023Rp99.9tRp27.1tRp1.1t36.9x89.4x3.7x
Tue, 04 Apr 2023Rp105.6tRp17.9tRp990.2b47.5x106.7x5.9x
Thu, 02 Mar 2023Rp112.8tRp30.5tRp852.2b62.1x132.3x3.7x
Sat, 28 Jan 2023Rp111.3tRp30.5tRp852.2b56.5x130.6x3.7x
Mon, 26 Dec 2022Rp115.2tRp30.4tRp601.9b151.6x191.4x3.8x
Wed, 23 Nov 2022Rp114.6tRp30.7tRp607.4b131.5x188.6x3.7x
Fri, 21 Oct 2022Rp120.4tRp30.5tRp570.4b173.6x211.1x4x
Sun, 18 Sep 2022Rp130.3tRp30.5tRp568.8b184x229.1x4.3x
Tue, 16 Aug 2022Rp124.6tRp17.8tRp965.5b110.4x129x7x
Thu, 14 Jul 2022Rp140.1tRp17.5tRp756.4b119.9x185.2x8x
Sat, 11 Jun 2022Rp125.8tRp17.5tRp755.9b124.6x166.5x7.2x
Mon, 09 May 2022Rp138.0tRp22.8tRp121.1b125.8x1139.2x6x
Wed, 06 Apr 2022Rp137.8tRp22.6tRp88.4b145.2x1559.5x6.1x
Fri, 04 Mar 2022Rp138.5tRp22.5tRp55.5b139.6x2495.4x6.2x
Sun, 30 Jan 2022Rp138.9tRp22.5tRp55.5b124.8x2502.4x6.2x
Tue, 28 Dec 2021Rp120.9tRp22.4tRp107.6b130.1x1124.3x5.4x
Thu, 25 Nov 2021Rp144.6tRp21.6tRp205.8b70.2x702.5x6.7x
Sat, 23 Oct 2021Rp152.5tRp21.6tRp189.8b80.8x803.2x7.1x
Mon, 20 Sep 2021Rp154.8tRp21.7tRp171.7b87.9x901.4x7.1x
Wed, 18 Aug 2021Rp144.0tRp21.8tRp151.7b81.3x949.6x6.6x
Wed, 02 Jun 2021Rp49.7tRp21.9tRp130.6b40.6x380.5x2.3x
Sat, 06 Mar 2021Rp48.3tRp21.6t-Rp79,853,249,795.00136.6x-604.5x2.2x
Price to Earnings Ratio

-604.5x


Total Market Cap: Rp48.3tTotal Earnings: -Rp79,853,249,795.00Total Revenue: Rp21.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 520.7x202220232024
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 83.6x which is lower than its 3-year average PE of 521x.
  • The 3-year average PS ratio of 5.0x is higher than the industry's current PS ratio of 4.2x.
Past Earnings Growth
  • Total earnings for the IT industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 2.6% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indonesian Tech industry?

ID Market-0.50%
Tech-1.30%
IT-1.32%
IT Consulting4.02%
Data Processing Services0%
Internet Services and Infrastructure-1.97%
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 310x.
    • 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.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
EDGE IndointernetRp4.72k5.1%
+Rp464.7b
22.3%PE37.7x
WIRG WIR ASIARp126.0031.3%
+Rp358.2b
-18.2%PE26.6x
INET Sinergi Inti Andalan PrimaRp59.000%
Rp36.6k
n/aPE243.7x
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Latest News

EDGE

Rp4,720.00

Indointernet

7D

5.1%

1Y

22.3%

MLPT

Rp1,530.00

Multipolar Technology

7D

-0.6%

1Y

-21.5%

ATIC

Rp388.00

Anabatic Technologies

7D

-2.5%

1Y

4.9%

WIRG

Rp126.00

WIR ASIA

7D

31.3%

1Y

-18.2%

DCII

Rp35,850.00

DCI Indonesia

7D

-2.4%

1Y

-5.4%

MSTI

Rp1,335.00

Mastersystem Infotama

7D

-1.1%

1Y

n/a

INET

Rp59.00

Sinergi Inti Andalan Prima

7D

0%

1Y

n/a

CYBR

Rp212.00

ITSEC Asia

7D

-3.6%

1Y

n/a