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Indonesian (IDX) IT Industry Analysis

UpdatedFeb 11, 2026
DataAggregated Company Financials
Companies12
  • 7D1.2%
  • 3M-20.4%
  • 1Y236.9%
  • YTD-5.7%

Over the last 7 days, the IT industry has risen 10%, driven by gains from DCI Indonesia of 2.7%. Meanwhile, Multipolar Technology actually underperformed within the industry, shrinking 6.6% in the last week. In the last 12 months, the industry was up 240%. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 11 Feb 2026Rp640.6tRp30.3tRp2.5t70.4x260.4x21.2x
Fri, 09 Jan 2026Rp680.9tRp30.3tRp2.5t67x276.8x22.5x
Sun, 07 Dec 2025Rp743.4tRp30.3tRp2.5t69.8x302.2x24.6x
Tue, 04 Nov 2025Rp800.4tRp29.6tRp2.5t64.5x316.9x27.1x
Thu, 02 Oct 2025Rp983.6tRp29.6tRp2.4t57.9x404x33.2x
Sat, 30 Aug 2025Rp994.5tRp29.6tRp2.4t57.5x408.6x33.6x
Mon, 28 Jul 2025Rp913.1tRp30.7tRp2.6t48x355.6x29.7x
Wed, 25 Jun 2025Rp449.7tRp30.5tRp2.5t42.3x178.5x14.7x
Fri, 23 May 2025Rp437.7tRp31.5tRp2.5t40x174.2x13.9x
Sun, 20 Apr 2025Rp452.4tRp32.6tRp2.2t46.7x206.4x13.9x
Tue, 18 Mar 2025Rp444.6tRp33.5tRp2.3t42.2x192.9x13.3x
Thu, 13 Feb 2025Rp185.9tRp32.7tRp2.1t30x88.2x5.7x
Sat, 11 Jan 2025Rp151.2tRp32.8tRp2.1t28.2x71.6x4.6x
Mon, 09 Dec 2024Rp165.8tRp32.7tRp2.1t29.6x78x5.1x
Wed, 06 Nov 2024Rp156.3tRp34.3tRp2.1t29.9x75.4x4.6x
Fri, 04 Oct 2024Rp151.7tRp33.1tRp2.0t27.7x77.7x4.6x
Sun, 01 Sep 2024Rp116.9tRp33.1tRp2.0t18.8x59.8x3.5x
Tue, 30 Jul 2024Rp118.7tRp34.4tRp1.8t13.1x65.7x3.5x
Thu, 27 Jun 2024Rp104.3tRp34.3tRp1.8t13.7x57.8x3x
Sat, 25 May 2024Rp102.4tRp33.3tRp1.5t13.3x66.5x3.1x
Mon, 22 Apr 2024Rp95.6tRp23.6tRp1.2t14.8x80.4x4.1x
Wed, 20 Mar 2024Rp98.2tRp23.3tRp1.2t20.1x84.1x4.2x
Fri, 16 Feb 2024Rp106.6tRp24.2tRp1.4t20.5x75.1x4.4x
Sun, 14 Jan 2024Rp116.3tRp24.2tRp1.4t29.1x81.9x4.8x
Tue, 12 Dec 2023Rp129.5tRp24.3tRp1.4t28.8x91.9x5.3x
Thu, 09 Nov 2023Rp101.4tRp23.9tRp1.4t29.4x72.4x4.2x
Sat, 07 Oct 2023Rp98.2tRp20.6tRp991.0b35.9x99.1x4.8x
Mon, 04 Sep 2023Rp97.3tRp28.9tRp1.0t44x96.6x3.4x
Wed, 02 Aug 2023Rp100.6tRp28.6tRp1.1t45.5x88.7x3.5x
Fri, 30 Jun 2023Rp103.3tRp28.4tRp1.1t33.2x94.9x3.6x
Sun, 28 May 2023Rp99.6tRp28.4tRp1.1t32.9x91.4x3.5x
Tue, 25 Apr 2023Rp106.2tRp27.3tRp1.1t40.6x94.1x3.9x
Thu, 23 Mar 2023Rp105.7tRp17.8tRp985.3b48.7x107.3x5.9x
Sat, 18 Feb 2023Rp112.6tRp30.5tRp852.2b55.8x132.2x3.7x
Price to Earnings Ratio

132.2x


Total Market Cap: Rp112.6tTotal Earnings: Rp852.2bTotal Revenue: Rp30.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 146.9x202420252026
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 258x which is higher than its 3-year average PE of 147x.
  • The 3-year average PS ratio of 10.0x is lower than the industry's current PS ratio of 21.0x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 42% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

ID Market0.57%
Tech1.15%
IT1.22%
Internet Services and Infrastructure2.64%
Data Processing Services0%0
IT Consulting-6.06%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 292x.
    • Analysts are expecting annual earnings growth of 35.0%, which is lower than the prior year's growth of 97.5% per year.
  • 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 50.3x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 35% over the next 5 years.
  • However this is lower than its past earnings growth rate of 98% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 9.9% 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 IndonesiaRp226.20k2.7%
+Rp14.2t		395.0%PE460.1x
ATIC Anabatic TechnologiesRp635.008.5%
+Rp115.8b		55.6%PE6.3x
AREA Dunia Virtual OnlineRp410.002.5%
+Rp25.4b		99.0%PE119.2x
WGSH Wira Global SolusiRp282.004.4%
+Rp12.5b		200.0%PE55.8x
WIRG WIR ASIARp83.001.2%
+Rp11.9b		-23.9%PE11x

Latest News

ELIT
Rp260.00
Data Sinergitama Jaya
7D
-14.5%
1Y
104.7%
CYBR
Rp1,580.00
ITSEC Asia
7D
-7.1%
1Y
209.8%
ATIC
Rp635.00
Anabatic Technologies
7D
8.5%
1Y
55.6%
MSTI
Rp1,355.00
Mastersystem Infotama
7D
-0.7%
1Y
-4.6%
WIRG
Rp83.00
WIR ASIA
7D
1.2%
1Y
-23.9%
WGSH
Rp282.00
Wira Global Solusi
7D
4.4%
1Y
200.0%
INET
Rp348.00
Sinergi Inti Andalan Prima
7D
-7.4%
1Y
208.0%
EDGE
Rp4,790.00
Indointernet
7D
-4.2%
1Y
31.2%
AREA
Rp410.00
Dunia Virtual Online
7D
2.5%
1Y
99.0%
MLPT
Rp36,900.00
Multipolar Technology
7D
-6.6%
1Y
11.9%
DCII
Rp226,200.00
DCI Indonesia
7D
2.7%
1Y
395.0%