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Indonesian (IDX) IT Industry Analysis

UpdatedMar 31, 2026
DataAggregated Company Financials
Companies12
  • 7D0.6%
  • 3M-12.4%
  • 1Y12.5%
  • YTD-18.4%

The IT industry has been flat over the last week, but ITSEC Asia has lost 4.0%. The past year has been better, since the industry has gained 12% in that time. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Mar 2026Rp562.2tRp30.4tRp2.3t80.1x241.5x18.5x
Thu, 26 Feb 2026Rp606.4tRp30.3tRp2.5t70.4x246.5x20x
Sat, 24 Jan 2026Rp673.9tRp30.3tRp2.5t67.6x273.9x22.3x
Mon, 22 Dec 2025Rp730.5tRp30.3tRp2.5t67.1x296.9x24.1x
Wed, 19 Nov 2025Rp802.4tRp30.3tRp2.4t65.7x327.6x26.5x
Fri, 17 Oct 2025Rp958.2tRp29.6tRp2.4t63.1x393.6x32.4x
Sun, 14 Sep 2025Rp900.8tRp29.6tRp2.4t57.5x370x30.4x
Tue, 12 Aug 2025Rp726.3tRp29.6tRp2.4t58.7x298.4x24.5x
Thu, 10 Jul 2025Rp443.0tRp30.5tRp2.5t43.3x175.7x14.5x
Sat, 07 Jun 2025Rp442.5tRp30.5tRp2.5t45x175.6x14.5x
Mon, 05 May 2025Rp482.9tRp32.6tRp2.5t39.9x190.5x14.8x
Wed, 02 Apr 2025Rp498.4tRp32.5tRp2.2t41.6x228.2x15.3x
Fri, 28 Feb 2025Rp375.3tRp32.7tRp2.1t49x178.1x11.5x
Sun, 26 Jan 2025Rp158.5tRp32.7tRp2.1t29.4x75.2x4.8x
Tue, 24 Dec 2024Rp151.9tRp32.7tRp2.1t28.5x71.5x4.6x
Thu, 21 Nov 2024Rp170.7tRp34.3tRp2.1t28.9x82.4x5x
Sat, 19 Oct 2024Rp152.4tRp33.5tRp2.0t31x75.9x4.5x
Mon, 16 Sep 2024Rp168.0tRp33.1tRp2.0t23.9x86x5.1x
Wed, 14 Aug 2024Rp120.6tRp33.1tRp2.0t16x61.8x3.6x
Fri, 12 Jul 2024Rp111.0tRp34.3tRp1.8t13.2x61.5x3.2x
Sun, 09 Jun 2024Rp97.5tRp33.4tRp1.5t14.2x63.3x2.9x
Tue, 07 May 2024Rp98.7tRp34.4tRp1.5t13.5x66.6x2.9x
Thu, 04 Apr 2024Rp95.3tRp24.1tRp1.3t16.9x76.1x4x
Sat, 02 Mar 2024Rp94.9tRp23.3tRp1.2t19.2x81.3x4.1x
Mon, 29 Jan 2024Rp113.0tRp24.2tRp1.4t25.1x79.5x4.7x
Wed, 27 Dec 2023Rp127.6tRp24.3tRp1.4t27.6x90.6x5.3x
Fri, 24 Nov 2023Rp125.8tRp24.0tRp1.4t28.6x88.7x5.3x
Sun, 22 Oct 2023Rp98.2tRp20.6tRp991.0b33.1x99x4.8x
Tue, 19 Sep 2023Rp95.2tRp20.6tRp991.0b36.8x96x4.6x
Thu, 17 Aug 2023Rp98.2tRp28.6tRp999.6b48.9x98.3x3.4x
Sat, 15 Jul 2023Rp100.1tRp28.4tRp1.1t39.7x91.9x3.5x
Mon, 12 Jun 2023Rp101.2tRp28.4tRp1.1t34.7x93x3.6x
Wed, 10 May 2023Rp99.8tRp27.1tRp1.1t36.6x89.3x3.7x
Fri, 07 Apr 2023Rp105.1tRp17.9tRp990.2b47.4x106.2x5.9x
Price to Earnings Ratio

106.2x


Total Market Cap: Rp105.1tTotal Earnings: Rp990.2bTotal Revenue: Rp17.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 152.3x202420252026
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 241x which is higher than its 3-year average PE of 152x.
  • The 3-year average PS ratio of 10.7x is lower than the industry's current PS ratio of 18.5x.
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 Market-0.40%
Tech0.56%
IT0.58%
IT Consulting2.13%
Internet Services and Infrastructure0.41%
Data Processing Services0%0
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 301x.
    • 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 51.6x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 35% over the next 5 years.
  • 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 IndonesiaRp209.73k0.4%
+Rp1.8t
24.9%PE499.3x
MSTI Mastersystem InfotamaRp1.38k4.6%
+Rp188.4b
-2.1%PE7.9x
WIRG WIR ASIARp76.004.1%
+Rp35.8b
-10.6%PE10.1x
WGSH Wira Global SolusiRp260.005.7%
+Rp14.6b
30.0%PE51.4x
ELIT Data Sinergitama JayaRp199.003.1%
+Rp12.1b
12.4%PE11.9x

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