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Indonesian (IDX) IT Industry Analysis

UpdatedApr 08, 2026
DataAggregated Company Financials
Companies12
  • 7D-3.6%
  • 3M-22.8%
  • 1Y20.3%
  • YTD-21.7%

Over the last 7 days, the IT industry has dropped 4.2%, driven by a pullback from DCI Indonesia of 3.8%. In the past year, the industry has gained 7.7%. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Apr 2026Rp540.0tRp29.8tRp2.3t75.5x235.7x18.1x
Fri, 06 Mar 2026Rp559.9tRp30.0tRp2.3t70.4x242.3x18.6x
Sun, 01 Feb 2026Rp595.3tRp30.3tRp2.5t67.9x242x19.7x
Tue, 30 Dec 2025Rp656.8tRp30.3tRp2.5t67.6x267x21.7x
Thu, 27 Nov 2025Rp792.2tRp30.3tRp2.4t69.2x323.4x26.2x
Sat, 25 Oct 2025Rp841.3tRp29.8tRp2.5t61.2x337.6x28.2x
Mon, 22 Sep 2025Rp1035.0tRp29.6tRp2.4t57.2x425.2x35x
Wed, 20 Aug 2025Rp977.6tRp29.6tRp2.4t58.7x401.6x33x
Fri, 18 Jul 2025Rp619.2tRp30.5tRp2.5t52.4x245.6x20.3x
Sun, 15 Jun 2025Rp450.8tRp30.5tRp2.5t43x178.9x14.8x
Tue, 13 May 2025Rp463.3tRp31.5tRp2.5t40.3x184.3x14.7x
Thu, 10 Apr 2025Rp451.1tRp32.5tRp2.1t40.4x210.1x13.9x
Sat, 08 Mar 2025Rp467.4tRp33.1tRp2.1t40.3x222.4x14.1x
Mon, 03 Feb 2025Rp164.5tRp32.7tRp2.1t29.2x78.1x5x
Wed, 01 Jan 2025Rp153.6tRp32.7tRp2.1t28.4x72.2x4.7x
Fri, 29 Nov 2024Rp171.0tRp33.2tRp2.1t29.3x82.2x5.1x
Sun, 27 Oct 2024Rp153.9tRp33.6tRp2.0t30.2x75.8x4.6x
Tue, 24 Sep 2024Rp157.7tRp33.1tRp2.0t23.9x80.7x4.8x
Thu, 22 Aug 2024Rp121.6tRp33.1tRp2.0t17.1x62.2x3.7x
Sat, 20 Jul 2024Rp114.5tRp34.3tRp1.8t13.4x63.4x3.3x
Mon, 17 Jun 2024Rp96.3tRp33.4tRp1.5t12.7x62.5x2.9x
Wed, 15 May 2024Rp102.1tRp34.6tRp1.5t12.9x66.5x3x
Fri, 12 Apr 2024Rp95.4tRp24.1tRp1.1t16.8x85x4x
Sun, 10 Mar 2024Rp94.2tRp23.3tRp1.2t19.2x80.7x4x
Tue, 06 Feb 2024Rp114.8tRp24.2tRp1.4t21.8x80.8x4.7x
Thu, 04 Jan 2024Rp124.2tRp24.3tRp1.4t30x88.2x5.1x
Sat, 02 Dec 2023Rp125.8tRp24.0tRp1.4t32.5x88.7x5.3x
Mon, 30 Oct 2023Rp97.6tRp20.6tRp991.0b33.4x98.5x4.7x
Wed, 27 Sep 2023Rp97.5tRp20.6tRp991.0b36.3x98.4x4.7x
Fri, 25 Aug 2023Rp98.0tRp28.9tRp1.0t36.5x97.2x3.4x
Sun, 23 Jul 2023Rp99.3tRp28.4tRp1.1t38.6x91.2x3.5x
Tue, 20 Jun 2023Rp105.0tRp28.4tRp1.1t34.2x96.5x3.7x
Thu, 18 May 2023Rp100.3tRp27.9tRp1.1t35.8x89.4x3.6x
Sat, 15 Apr 2023Rp105.4tRp17.8tRp1.0t43x103.3x5.9x
Price to Earnings Ratio

103.3x


Total Market Cap: Rp105.4tTotal Earnings: Rp1.0tTotal Revenue: Rp17.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 153.2x202420252026
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 235x which is higher than its 3-year average PE of 153x.
  • The 3-year average PS ratio of 10.8x is lower than the industry's current PS ratio of 18.1x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 31% 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-1.63%
Tech-3.46%
IT-3.60%
Data Processing Services0%0
IT Consulting-2.80%
Internet Services and Infrastructure-3.69%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 302x.
    • Analysts are expecting annual earnings growth of 27.8%, which is lower than the prior year's growth of 32.2% per year.
  • Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 51.7x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 28% 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
INET Sinergi Inti Andalan PrimaRp258.003.2%
+Rp179.0b
196.6%PE235.7x
MSTI Mastersystem InfotamaRp1.42k3.3%
+Rp141.3b
7.6%PE8.1x
WIRG WIR ASIARp79.003.9%
+Rp35.8b
5.3%PE12.9x
ATIC Anabatic TechnologiesRp515.003.0%
+Rp34.7b
24.4%PE5.7x
ELIT Data Sinergitama JayaRp202.001.5%
+Rp6.1b
33.8%PE12.1x

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