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Indonesian (IDX) IT Industry Analysis
UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies12
- 7D2.8%
- 3M8.0%
- 1Y72.8%
- YTD21.4%
The IT industry has stayed flat over the last week. As for the the longer term, the industry is up 73% over the past 12 months. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Sun, 16 Feb 2025 | Rp189.4t | Rp32.7t | Rp2.1t | 30.5x | 89.8x | 5.8x |
| Tue, 14 Jan 2025 | Rp151.0t | Rp32.8t | Rp2.1t | 27.9x | 71.5x | 4.6x |
| Thu, 12 Dec 2024 | Rp158.3t | Rp32.7t | Rp2.1t | 29.7x | 74.5x | 4.8x |
| Sat, 09 Nov 2024 | Rp137.6t | Rp34.3t | Rp2.1t | 29.2x | 66.4x | 4x |
| Mon, 07 Oct 2024 | Rp150.0t | Rp33.5t | Rp2.0t | 27.6x | 74.7x | 4.5x |
| Wed, 04 Sep 2024 | Rp117.9t | Rp33.1t | Rp2.0t | 19.2x | 60.4x | 3.6x |
| Fri, 02 Aug 2024 | Rp116.1t | Rp34.4t | Rp1.8t | 13.4x | 63.7x | 3.4x |
| Sun, 30 Jun 2024 | Rp104.7t | Rp34.3t | Rp1.8t | 13.8x | 58x | 3x |
| Tue, 28 May 2024 | Rp102.4t | Rp33.3t | Rp1.5t | 13.1x | 66.3x | 3.1x |
| Thu, 25 Apr 2024 | Rp96.3t | Rp23.6t | Rp1.2t | 14.8x | 81x | 4.1x |
| Sat, 23 Mar 2024 | Rp96.6t | Rp23.3t | Rp1.2t | 18.9x | 80.7x | 4.1x |
| Mon, 19 Feb 2024 | Rp108.5t | Rp24.2t | Rp1.4t | 20.4x | 76.4x | 4.5x |
| Wed, 17 Jan 2024 | Rp115.4t | Rp24.2t | Rp1.4t | 28.2x | 81.2x | 4.8x |
| Fri, 15 Dec 2023 | Rp122.8t | Rp24.3t | Rp1.4t | 28.5x | 87.2x | 5.1x |
| Sun, 12 Nov 2023 | Rp101.3t | Rp24.0t | Rp1.4t | 29.7x | 71.4x | 4.2x |
| Tue, 10 Oct 2023 | Rp98.3t | Rp20.6t | Rp991.0b | 35.7x | 99.2x | 4.8x |
| Thu, 07 Sep 2023 | Rp97.1t | Rp28.9t | Rp1.0t | 42.1x | 96.4x | 3.4x |
| Sat, 05 Aug 2023 | Rp97.0t | Rp28.6t | Rp1.2t | 45.9x | 83.6x | 3.4x |
| Mon, 03 Jul 2023 | Rp103.3t | Rp28.4t | Rp1.1t | 33.2x | 94.9x | 3.6x |
| Wed, 31 May 2023 | Rp102.8t | Rp28.4t | Rp1.1t | 40.8x | 94.4x | 3.6x |
| Fri, 28 Apr 2023 | Rp106.2t | Rp27.4t | Rp1.2t | 37.2x | 92.1x | 3.9x |
| Sun, 26 Mar 2023 | Rp105.6t | Rp17.9t | Rp990.2b | 47.5x | 106.6x | 5.9x |
| Tue, 21 Feb 2023 | Rp112.6t | Rp30.5t | Rp852.2b | 58.4x | 132.1x | 3.7x |
| Thu, 19 Jan 2023 | Rp113.6t | Rp30.4t | Rp850.5b | 56.5x | 133.6x | 3.7x |
| Sat, 17 Dec 2022 | Rp116.4t | Rp30.4t | Rp601.9b | 154.9x | 193.4x | 3.8x |
| Mon, 14 Nov 2022 | Rp118.3t | Rp30.6t | Rp590.0b | 157.2x | 200.6x | 3.9x |
| Wed, 12 Oct 2022 | Rp123.9t | Rp30.5t | Rp570.4b | 179.6x | 217.3x | 4.1x |
| Fri, 09 Sep 2022 | Rp129.9t | Rp30.5t | Rp572.9b | 182x | 226.8x | 4.3x |
| Sun, 07 Aug 2022 | Rp125.8t | Rp17.7t | Rp795.7b | 112.2x | 158.1x | 7.1x |
| Tue, 05 Jul 2022 | Rp133.0t | Rp17.5t | Rp756.4b | 120.3x | 175.8x | 7.6x |
| Thu, 02 Jun 2022 | Rp127.2t | Rp23.2t | Rp171.4b | 130.8x | 742.2x | 5.5x |
| Sat, 30 Apr 2022 | Rp138.0t | Rp22.8t | Rp121.1b | 125.8x | 1139.2x | 6x |
| Mon, 28 Mar 2022 | Rp135.6t | Rp22.6t | Rp100.0b | 146.8x | 1356.4x | 6x |
| Wed, 23 Feb 2022 | Rp136.0t | Rp22.5t | Rp55.5b | 135.7x | 2450.2x | 6x |
Price to Earnings Ratio
2450.2x
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 88.6x which is lower than its 3-year average PE of 237x.
- The 3-year average PS ratio of 4.6x is lower than the industry's current PS ratio of 5.7x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 236% 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 | -1.65% | |
| Tech | 2.39% | |
| IT | 2.76% | |
| Internet Services and Infrastructure | 3.04% | |
| IT Consulting | 2.35% | |
| Data Processing Services | 0% | 0 |
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 235x.
- 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 17.7x.
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 30% 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 | Rp47.00k | 3.1% +Rp3.3t | 28.9% | PE188.8x | |
| MLPT Multipolar Technology | Rp30.80k | 2.7% +Rp1.5t | 1,926.3% | PE155.9x | |
| CYBR ITSEC Asia | Rp560.00 | 7.7% +Rp259.3b | 152.3% | PS15.3x | |
| WIRG WIR ASIA | Rp109.00 | 4.8% +Rp59.7b | 14.7% | PE16.7x | |
| MSTI Mastersystem Infotama | Rp1.44k | 0.3% +Rp15.7b | 10.4% | PE7.9x |