Have your own idea? Try our Stock Screener
Indonesian (IDX) IT Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies12
- 7D-3.8%
- 3M-3.6%
- 1Y18.3%
- YTD21.5%
Over the last 7 days, the IT industry has dropped 3.8%, driven by a pullback from Multipolar Technology of 12%. Meanwhile, ITSEC Asia actually outperformed within the industry, gaining 10% in the last week. This takes the industry's 12 month performance to a gain of 18%. As for the next few years, earnings are expected to grow by 6.5% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | Rp152.0t | Rp32.7t | Rp2.1t | 28.6x | 71.6x | 4.6x |
| Tue, 19 Nov 2024 | Rp163.4t | Rp34.3t | Rp2.1t | 28.6x | 78.8x | 4.8x |
| Thu, 17 Oct 2024 | Rp148.3t | Rp33.5t | Rp2.0t | 30.4x | 73.8x | 4.4x |
| Sat, 14 Sep 2024 | Rp151.8t | Rp33.1t | Rp2.0t | 23.9x | 77.7x | 4.6x |
| Mon, 12 Aug 2024 | Rp113.9t | Rp33.1t | Rp2.0t | 16x | 58.3x | 3.4x |
| Wed, 10 Jul 2024 | Rp111.0t | Rp34.3t | Rp1.8t | 13.2x | 61.5x | 3.2x |
| Fri, 07 Jun 2024 | Rp98.3t | Rp33.3t | Rp1.5t | 14x | 63.7x | 2.9x |
| Sun, 05 May 2024 | Rp97.9t | Rp24.1t | Rp1.3t | 15x | 77.8x | 4.1x |
| Tue, 02 Apr 2024 | Rp96.7t | Rp24.1t | Rp1.3t | 17.1x | 77.2x | 4x |
| Thu, 29 Feb 2024 | Rp97.1t | Rp23.3t | Rp1.2t | 19.2x | 83.2x | 4.2x |
| Sat, 27 Jan 2024 | Rp113.0t | Rp24.2t | Rp1.4t | 25.1x | 79.5x | 4.7x |
| Mon, 25 Dec 2023 | Rp127.6t | Rp24.3t | Rp1.4t | 27.6x | 90.6x | 5.3x |
| Wed, 22 Nov 2023 | Rp103.6t | Rp24.0t | Rp1.4t | 28.8x | 73x | 4.3x |
| Fri, 20 Oct 2023 | Rp98.3t | Rp20.6t | Rp991.0b | 32.7x | 99.2x | 4.8x |
| Sun, 17 Sep 2023 | Rp95.2t | Rp20.6t | Rp991.0b | 37.1x | 96x | 4.6x |
| Tue, 15 Aug 2023 | Rp98.4t | Rp28.6t | Rp999.6b | 48.9x | 98.4x | 3.4x |
| Thu, 13 Jul 2023 | Rp99.0t | Rp28.4t | Rp1.1t | 39.9x | 91x | 3.5x |
| Sat, 10 Jun 2023 | Rp100.6t | Rp28.4t | Rp1.1t | 34.7x | 92.5x | 3.5x |
| Mon, 08 May 2023 | Rp99.9t | Rp27.1t | Rp1.1t | 36.9x | 89.4x | 3.7x |
| Wed, 05 Apr 2023 | Rp105.5t | Rp17.9t | Rp990.2b | 47.5x | 106.5x | 5.9x |
| Fri, 03 Mar 2023 | Rp112.7t | Rp30.5t | Rp852.2b | 60.7x | 132.2x | 3.7x |
| Sun, 29 Jan 2023 | Rp111.3t | Rp30.5t | Rp852.2b | 56.5x | 130.6x | 3.7x |
| Tue, 27 Dec 2022 | Rp115.2t | Rp30.4t | Rp601.9b | 151.6x | 191.4x | 3.8x |
| Thu, 24 Nov 2022 | Rp114.9t | Rp30.7t | Rp607.4b | 131.5x | 189.2x | 3.7x |
| Sat, 22 Oct 2022 | Rp120.4t | Rp30.5t | Rp570.4b | 172.2x | 211.1x | 4x |
| Mon, 19 Sep 2022 | Rp130.3t | Rp30.5t | Rp568.8b | 184x | 229.1x | 4.3x |
| Wed, 17 Aug 2022 | Rp124.2t | Rp17.8t | Rp965.5b | 108.9x | 128.6x | 7x |
| Fri, 15 Jul 2022 | Rp139.6t | Rp17.5t | Rp756.4b | 116.5x | 184.6x | 8x |
| Sun, 12 Jun 2022 | Rp125.8t | Rp17.5t | Rp755.9b | 124.6x | 166.4x | 7.2x |
| Tue, 10 May 2022 | Rp136.6t | Rp22.9t | Rp133.5b | 121.4x | 1023.5x | 6x |
| Thu, 07 Apr 2022 | Rp137.9t | Rp22.8t | Rp118.9b | 143.1x | 1160.1x | 6x |
| Sat, 05 Mar 2022 | Rp137.9t | Rp22.5t | Rp55.5b | 141.7x | 2483.5x | 6.1x |
| Mon, 31 Jan 2022 | Rp138.9t | Rp22.5t | Rp55.5b | 124.8x | 2502.4x | 6.2x |
| Wed, 29 Dec 2021 | Rp118.1t | Rp22.4t | Rp107.6b | 127x | 1097.8x | 5.3x |
Price to Earnings Ratio
1097.8x
Current Industry PE
- Investors are pessimistic on the Indonesian IT industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 71.6x which is lower than its 3-year average PE of 341x.
- The industry is trading close to its 3-year average PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 170% per year over the last three years.
- Revenues for these companies have grown 13% 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 | -3.62% | |
| Tech | -3.73% | |
| IT | -3.82% | |
| Data Processing Services | 0% | |
| Internet Services and Infrastructure | -1.05% | |
| IT Consulting | -8.91% | |
Industry PE
- Investors are most optimistic about the Internet Services and Infrastructure industry even though it's trading below its 3-year average PE ratio of 250x.
- 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 9.6x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 6.5% over the next 5 years.
- However this is lower than its past earnings growth rate of 30% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 6.5% 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 | |
|---|---|---|---|---|---|
| CYBR ITSEC Asia | Rp384.00 | 10.3% +Rp232.2b | 95.9% | PS10.4x |