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Indonesian (IDX) IT Industry Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies12
  • 7D0.3%
  • 3M-21.8%
  • 1Y7.8%
  • YTD-21.8%

Over the last 7 days, the IT industry has remained flat, although notably Multipolar Technology declined by 5.7%. The past year has been better, since the industry has gained 7.8% in that time. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026Rp538.9tRp29.8tRp2.3t75.7x235.3x18.1x
Tue, 03 Mar 2026Rp598.8tRp30.1tRp2.5t70.4x241.3x19.9x
Thu, 29 Jan 2026Rp626.8tRp30.3tRp2.5t65.8x254.8x20.7x
Sat, 27 Dec 2025Rp691.5tRp30.3tRp2.5t66.3x281.1x22.8x
Mon, 24 Nov 2025Rp794.7tRp30.3tRp2.4t64.3x324.4x26.3x
Wed, 22 Oct 2025Rp864.9tRp29.6tRp2.4t61.7x355.3x29.2x
Fri, 19 Sep 2025Rp1034.6tRp29.6tRp2.4t57.2x425x35x
Sun, 17 Aug 2025Rp1017.6tRp29.6tRp2.4t58.6x418x34.4x
Tue, 15 Jul 2025Rp448.0tRp30.5tRp2.5t42x177.7x14.7x
Thu, 12 Jun 2025Rp461.3tRp30.5tRp2.5t41.3x183.1x15.1x
Sat, 10 May 2025Rp465.3tRp31.4tRp2.5t40.3x185.9x14.8x
Mon, 07 Apr 2025Rp498.4tRp32.5tRp2.1t41.6x232.3x15.3x
Wed, 05 Mar 2025Rp372.1tRp33.1tRp2.1t37.7x176.6x11.3x
Fri, 31 Jan 2025Rp163.1tRp32.7tRp2.1t29.2x77.4x5x
Sun, 29 Dec 2024Rp153.4tRp32.7tRp2.1t29.2x72.1x4.7x
Tue, 26 Nov 2024Rp170.9tRp33.2tRp2.1t29.5x82.1x5.1x
Thu, 24 Oct 2024Rp155.5tRp33.5tRp2.0t30.7x77.4x4.6x
Sat, 21 Sep 2024Rp158.1tRp33.1tRp2.0t23.9x80.9x4.8x
Mon, 19 Aug 2024Rp121.5tRp33.1tRp2.0t16.5x62.2x3.7x
Wed, 17 Jul 2024Rp114.0tRp34.3tRp1.8t13.1x63.2x3.3x
Fri, 14 Jun 2024Rp97.5tRp33.4tRp1.5t13x63.2x2.9x
Sun, 12 May 2024Rp97.4tRp34.4tRp1.5t12.9x64.7x2.8x
Tue, 09 Apr 2024Rp95.5tRp24.1tRp1.1t16.8x85.1x4x
Thu, 07 Mar 2024Rp94.2tRp23.3tRp1.2t19.8x80.7x4x
Sat, 03 Feb 2024Rp104.6tRp24.2tRp1.4t25.1x73.6x4.3x
Mon, 01 Jan 2024Rp125.0tRp24.3tRp1.4t28.8x88.7x5.2x
Wed, 29 Nov 2023Rp128.5tRp24.0tRp1.4t28.6x90.6x5.4x
Fri, 27 Oct 2023Rp95.0tRp20.6tRp991.0b32.8x95.8x4.6x
Sun, 24 Sep 2023Rp97.6tRp20.6tRp991.0b36.9x98.5x4.7x
Tue, 22 Aug 2023Rp98.1tRp28.9tRp1.0t45.2x97.4x3.4x
Thu, 20 Jul 2023Rp99.7tRp28.4tRp1.1t39.4x91.6x3.5x
Sat, 17 Jun 2023Rp102.4tRp28.4tRp1.1t34.4x94.1x3.6x
Mon, 15 May 2023Rp99.9tRp27.5tRp1.2t35.8x85x3.6x
Wed, 12 Apr 2023Rp104.6tRp17.8tRp1.0t47.5x102.3x5.9x
Price to Earnings Ratio

102.3x


Total Market Cap: Rp104.6tTotal Earnings: Rp1.0tTotal Revenue: Rp17.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 152.9x202420252026
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 235x which is higher than its 3-year average PE of 153x.
  • The 3-year average PS ratio of 10.7x is lower than the industry's current PS ratio of 18.1x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 31% 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 Market-1.79%
Tech0.20%
IT0.32%
Internet Services and Infrastructure0.72%
Data Processing Services0%0
IT Consulting-3.33%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 302x.
    • Analysts are expecting annual earnings growth of 27.8%, which is lower than the prior year's growth of 32.2% per year.
  • Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 51.6x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 28% 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
DCII DCI IndonesiaRp201.83k0.8%
+Rp3.7t
20.2%PE480.5x
MSTI Mastersystem InfotamaRp1.40k1.4%
+Rp62.8b
-0.4%PE8x
WIRG WIR ASIARp79.003.9%
+Rp35.8b
-7.1%PE12.9x
ELIT Data Sinergitama JayaRp202.003.6%
+Rp14.2b
14.1%PE12.1x

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