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Indonesian (IDX) IT Industry Analysis

UpdatedMar 30, 2026
DataAggregated Company Financials
Companies12
  • 7D-3.9%
  • 3M-20.5%
  • 1Y7.5%
  • YTD-22.1%

Over the last 7 days, the IT industry has dropped 3.9%, driven by a pullback from DCI Indonesia of 4.2%. Over the past 12 months, the industry was up 7.5%. 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
Mon, 30 Mar 2026Rp537.1tRp30.3tRp2.3t80.1x231.7x17.7x
Wed, 25 Feb 2026Rp608.2tRp30.3tRp2.5t70.4x247.2x20.1x
Fri, 23 Jan 2026Rp666.1tRp30.3tRp2.5t67.6x270.8x22x
Sun, 21 Dec 2025Rp730.5tRp30.3tRp2.5t67.1x296.9x24.1x
Tue, 18 Nov 2025Rp802.4tRp30.3tRp2.4t65.5x327.6x26.5x
Thu, 16 Oct 2025Rp990.7tRp29.6tRp2.4t61.1x407x33.5x
Sat, 13 Sep 2025Rp881.5tRp29.6tRp2.4t57.5x362.1x29.8x
Mon, 11 Aug 2025Rp776.6tRp29.6tRp2.4t57.1x319x26.2x
Wed, 09 Jul 2025Rp442.3tRp30.5tRp2.5t40.1x175.4x14.5x
Fri, 06 Jun 2025Rp442.5tRp30.5tRp2.5t45x175.6x14.5x
Sun, 04 May 2025Rp482.9tRp33.1tRp2.5t39.9x191.9x14.6x
Tue, 01 Apr 2025Rp498.4tRp32.4tRp2.2t47.5x227.9x15.4x
Thu, 27 Feb 2025Rp384.0tRp32.7tRp2.1t50.3x182.2x11.7x
Sat, 25 Jan 2025Rp158.6tRp32.7tRp2.1t29.4x75.2x4.8x
Mon, 23 Dec 2024Rp152.0tRp32.7tRp2.1t28.6x71.6x4.6x
Wed, 20 Nov 2024Rp176.1tRp34.3tRp2.1t28.8x85x5.1x
Fri, 18 Oct 2024Rp152.4tRp33.5tRp2.0t31.1x75.9x4.5x
Sun, 15 Sep 2024Rp168.0tRp33.1tRp2.0t23.9x86x5.1x
Tue, 13 Aug 2024Rp120.7tRp33.1tRp2.0t16x61.8x3.6x
Thu, 11 Jul 2024Rp111.0tRp34.3tRp1.8t13x61.5x3.2x
Sat, 08 Jun 2024Rp97.8tRp33.4tRp1.5t14.2x63.5x2.9x
Mon, 06 May 2024Rp98.7tRp34.3tRp1.5t13.1x66.6x2.9x
Wed, 03 Apr 2024Rp96.8tRp24.1tRp1.3t17.2x77.3x4x
Fri, 01 Mar 2024Rp95.0tRp23.3tRp1.2t19.2x81.4x4.1x
Sun, 28 Jan 2024Rp113.0tRp24.2tRp1.4t25.1x79.5x4.7x
Tue, 26 Dec 2023Rp127.6tRp24.3tRp1.4t27.6x90.6x5.3x
Thu, 23 Nov 2023Rp103.6tRp24.0tRp1.4t28.8x73x4.3x
Sat, 21 Oct 2023Rp98.2tRp20.6tRp991.0b33.1x99.1x4.8x
Mon, 18 Sep 2023Rp95.2tRp20.6tRp991.0b37.1x96x4.6x
Wed, 16 Aug 2023Rp98.3tRp28.6tRp999.6b48.9x98.3x3.4x
Fri, 14 Jul 2023Rp100.2tRp28.4tRp1.1t40x92x3.5x
Sun, 11 Jun 2023Rp101.2tRp28.4tRp1.1t34.7x93x3.6x
Tue, 09 May 2023Rp99.7tRp27.1tRp1.1t37x89.3x3.7x
Thu, 06 Apr 2023Rp105.5tRp17.9tRp990.2b45.1x106.5x5.9x
Price to Earnings Ratio

106.5x


Total Market Cap: Rp105.5tTotal Earnings: Rp990.2bTotal Revenue: Rp17.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 152.2x202420252026
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 232x 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 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 Market-0.31%
Tech-3.70%
IT-3.92%
Data Processing Services0%0
IT Consulting-2.65%
Internet Services and Infrastructure-4.05%
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
DCII DCI IndonesiaRp209.75k0.4%
+Rp1.8t
24.9%PE499.3x
MLPT Multipolar TechnologyRp15.93k4.8%
+Rp1.4t
-60.9%PE88.7x
INET Sinergi Inti Andalan PrimaRp260.004.0%
+Rp223.7b
165.3%PE312.8x
MSTI Mastersystem InfotamaRp1.37k4.2%
+Rp172.7b
-2.5%PE7.8x
WIRG WIR ASIARp77.005.5%
+Rp47.8b
-9.4%PE10.2x

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