Have your own idea? Try our Stock Screener
Indonesian (IDX) IT Industry Analysis
UpdatedMar 13, 2025
DataAggregated Company Financials
Companies12
- 7D47.2%
- 3M274.9%
- 1Y467.1%
- YTD278.8%
Over the last 7 days, the IT industry has risen 47%, driven by gains from DCI Indonesia of 61%. Meanwhile, Indointernet actually underperformed within the industry, shrinking 9.7% in the last week. In the last 12 months, the industry was up 467%. Earnings are forecast to grow by 6.0% annually.
Industry Valuation and Performance
Has the Indonesian IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 13 Mar 2025 | Rp591.4t | Rp33.1t | Rp2.1t | 41x | 281.5x | 17.9x |
| Sat, 08 Feb 2025 | Rp184.3t | Rp32.7t | Rp2.1t | 29.9x | 87.4x | 5.6x |
| Mon, 06 Jan 2025 | Rp154.1t | Rp32.8t | Rp2.1t | 28.7x | 73x | 4.7x |
| Wed, 04 Dec 2024 | Rp168.0t | Rp33.2t | Rp2.1t | 29.6x | 80.7x | 5.1x |
| Fri, 01 Nov 2024 | Rp145.2t | Rp34.3t | Rp2.1t | 30.7x | 70.1x | 4.2x |
| Sun, 29 Sep 2024 | Rp155.8t | Rp33.1t | Rp2.0t | 27.8x | 79.7x | 4.7x |
| Tue, 27 Aug 2024 | Rp119.1t | Rp33.1t | Rp2.0t | 17.8x | 61x | 3.6x |
| Thu, 25 Jul 2024 | Rp122.8t | Rp34.3t | Rp1.8t | 13.1x | 68x | 3.6x |
| Sat, 22 Jun 2024 | Rp104.3t | Rp34.3t | Rp1.8t | 14.2x | 57.7x | 3x |
| Mon, 20 May 2024 | Rp102.1t | Rp34.6t | Rp1.5t | 13.3x | 67.2x | 3x |
| Wed, 17 Apr 2024 | Rp95.4t | Rp24.3t | Rp1.1t | 14.9x | 84.1x | 3.9x |
| Fri, 15 Mar 2024 | Rp94.2t | Rp23.3t | Rp1.2t | 18.6x | 80.7x | 4x |
| Sun, 11 Feb 2024 | Rp108.7t | Rp24.2t | Rp1.4t | 19.9x | 76.6x | 4.5x |
| Tue, 09 Jan 2024 | Rp122.5t | Rp24.2t | Rp1.4t | 29.4x | 86.2x | 5.1x |
| Thu, 07 Dec 2023 | Rp135.1t | Rp24.2t | Rp1.4t | 30.3x | 97.4x | 5.6x |
| Sat, 04 Nov 2023 | Rp96.6t | Rp20.4t | Rp995.3b | 29.2x | 97.1x | 4.7x |
| Mon, 02 Oct 2023 | Rp97.8t | Rp20.6t | Rp991.0b | 36.9x | 98.7x | 4.7x |
| Wed, 30 Aug 2023 | Rp97.7t | Rp28.9t | Rp1.0t | 39x | 97x | 3.4x |
| Fri, 28 Jul 2023 | Rp98.3t | Rp28.5t | Rp1.1t | 42x | 86.9x | 3.4x |
| Sun, 25 Jun 2023 | Rp103.9t | Rp28.4t | Rp1.1t | 34.3x | 95.5x | 3.7x |
| Tue, 23 May 2023 | Rp104.2t | Rp28.4t | Rp1.1t | 34.6x | 95.5x | 3.7x |
| Thu, 20 Apr 2023 | Rp105.4t | Rp19.5t | Rp1.1t | 41x | 99.3x | 5.4x |
| Sat, 18 Mar 2023 | Rp111.2t | Rp30.4t | Rp998.3b | 61x | 111.4x | 3.7x |
| Mon, 13 Feb 2023 | Rp113.1t | Rp30.5t | Rp852.2b | 61.3x | 132.8x | 3.7x |
| Wed, 11 Jan 2023 | Rp115.3t | Rp30.4t | Rp850.5b | 70.2x | 135.6x | 3.8x |
| Fri, 09 Dec 2022 | Rp113.3t | Rp30.4t | Rp601.9b | 149x | 188.2x | 3.7x |
| Sun, 06 Nov 2022 | Rp119.6t | Rp30.6t | Rp540.7b | 173.4x | 221.1x | 3.9x |
| Tue, 04 Oct 2022 | Rp124.1t | Rp30.5t | Rp570.4b | 179.8x | 217.6x | 4.1x |
| Thu, 01 Sep 2022 | Rp127.8t | Rp18.1t | Rp936.2b | 182.6x | 136.5x | 7.1x |
| Sat, 30 Jul 2022 | Rp125.2t | Rp17.6t | Rp772.2b | 111.8x | 162.1x | 7.1x |
| Mon, 27 Jun 2022 | Rp118.8t | Rp17.5t | Rp756.4b | 123.2x | 157.1x | 6.8x |
| Wed, 25 May 2022 | Rp130.9t | Rp23.2t | Rp169.4b | 124.3x | 773x | 5.6x |
| Fri, 22 Apr 2022 | Rp140.6t | Rp22.8t | Rp121.1b | 117.1x | 1161.2x | 6.2x |
| Sun, 20 Mar 2022 | Rp136.4t | Rp22.6t | Rp100.0b | 148.7x | 1364.7x | 6x |
Price to Earnings Ratio
1364.7x
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 281x which is higher than its 3-year average PE of 186x.
- The 3-year average PS ratio of 4.7x is lower than the industry's current PS ratio of 17.9x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 176% per year over the last three years.
- Revenues for these companies have grown 14% 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 | 2.14% | |
| Tech | 45.55% | |
| IT | 47.16% | |
| Internet Services and Infrastructure | 60.38% | |
| IT Consulting | 4.50% | |
| Data Processing Services | 0% | 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 234x.
- 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 21.7x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 6.0% over the next 5 years.
- However this is lower than its past earnings growth rate of 38% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 6.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DCII DCI Indonesia | Rp226.15k | 61.0% +Rp204.2t | 549.9% | PE908.6x | |
| MLPT Multipolar Technology | Rp42.78k | 6.9% +Rp5.2t | 2,714.1% | PE217.4x | |
| KREN Quantum Clovera Investama | Rp11.00 | 10.0% +Rp18.2b | -78.0% | PS0.02x | |
| WGSH Wira Global Solusi | Rp140.00 | 3.7% +Rp5.2b | 137.3% | PE42.3x |