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Indonesian (IDX) IT Industry Analysis

UpdatedMar 12, 2026
DataAggregated Company Financials
Companies12
  • 7D1.2%
  • 3M-26.9%
  • 1Y-5.8%
  • YTD-19.0%

Over the last 7 days, the IT industry has dropped 4.7%, driven by Multipolar Technology declining 13%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 12 Mar 2026Rp558.4tRp30.0tRp2.3t70.4x241.7x18.6x
Sat, 07 Feb 2026Rp620.3tRp30.3tRp2.5t71.8x252.1x20.5x
Mon, 05 Jan 2026Rp679.0tRp30.3tRp2.5t65.2x276x22.4x
Wed, 03 Dec 2025Rp729.5tRp30.3tRp2.5t67.3x296.5x24.1x
Fri, 31 Oct 2025Rp796.7tRp30.0tRp2.6t60.2x309.7x26.5x
Sun, 28 Sep 2025Rp1014.6tRp29.6tRp2.4t59x416.8x34.3x
Tue, 26 Aug 2025Rp936.1tRp29.6tRp2.4t58.7x384.5x31.6x
Thu, 24 Jul 2025Rp913.9tRp30.5tRp2.5t47x361.7x29.9x
Sat, 21 Jun 2025Rp447.3tRp30.5tRp2.5t42.5x177.5x14.7x
Mon, 19 May 2025Rp460.0tRp31.5tRp2.5t40.8x183x14.6x
Wed, 16 Apr 2025Rp449.9tRp32.6tRp2.2t47.2x205.3x13.8x
Fri, 14 Mar 2025Rp642.6tRp33.1tRp2.1t40.9x305.9x19.4x
Sun, 09 Feb 2025Rp184.3tRp32.7tRp2.1t29.9x87.4x5.6x
Tue, 07 Jan 2025Rp155.7tRp32.8tRp2.1t28.4x73.7x4.8x
Thu, 05 Dec 2024Rp165.6tRp32.7tRp2.1t29.6x78x5.1x
Sat, 02 Nov 2024Rp153.0tRp34.3tRp2.1t30.9x73.8x4.5x
Mon, 30 Sep 2024Rp155.8tRp33.1tRp2.0t27.8x79.7x4.7x
Wed, 28 Aug 2024Rp119.4tRp33.1tRp2.0t18x61.1x3.6x
Fri, 26 Jul 2024Rp119.6tRp34.4tRp1.8t13.3x66.2x3.5x
Sun, 23 Jun 2024Rp104.3tRp34.3tRp1.8t14.2x57.8x3x
Tue, 21 May 2024Rp102.0tRp34.6tRp1.5t13.1x67x3x
Thu, 18 Apr 2024Rp95.8tRp24.3tRp1.1t14.8x84.5x3.9x
Sat, 16 Mar 2024Rp98.5tRp23.3tRp1.2t20.1x84.4x4.2x
Mon, 12 Feb 2024Rp108.7tRp24.2tRp1.4t19.9x76.6x4.5x
Wed, 10 Jan 2024Rp119.4tRp24.2tRp1.4t29.7x84x4.9x
Fri, 08 Dec 2023Rp134.2tRp24.2tRp1.4t30x96.7x5.6x
Sun, 05 Nov 2023Rp96.6tRp20.4tRp995.3b29.2x97.1x4.7x
Tue, 03 Oct 2023Rp97.9tRp20.6tRp991.0b36.2x98.8x4.7x
Thu, 31 Aug 2023Rp97.7tRp28.9tRp1.0t42.7x97x3.4x
Sat, 29 Jul 2023Rp101.0tRp28.5tRp1.1t42x89.2x3.5x
Mon, 26 Jun 2023Rp103.9tRp28.4tRp1.1t34.3x95.5x3.7x
Wed, 24 May 2023Rp98.2tRp28.4tRp1.1t34.6x90x3.5x
Fri, 21 Apr 2023Rp105.4tRp19.5tRp1.1t41x99.3x5.4x
Sun, 19 Mar 2023Rp106.2tRp17.8tRp985.3b49.8x107.8x6x
Price to Earnings Ratio

107.8x


Total Market Cap: Rp106.2tTotal Earnings: Rp985.3bTotal Revenue: Rp17.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 150x202420252026
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 243x which is higher than its 3-year average PE of 150x.
  • The 3-year average PS ratio of 10.4x is lower than the industry's current PS ratio of 18.7x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 33% 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-2.45%
Tech1.07%
IT1.22%
Internet Services and Infrastructure2.37%
Data Processing Services0%0
IT Consulting-7.08%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 296x.
    • Analysts are expecting annual earnings growth of 35.0%, which is higher than its past year's earnings growth of 29.7% per year.
  • Investors are most pessimistic about the IT Consulting industry, which is trading close to its 3-year average of 51.2x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 35% 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 9.9% 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 IndonesiaRp205.00k2.5%
+Rp11.9t		-0.3%PE488x
CYBR ITSEC AsiaRp1.47k7.3%
+Rp664.6b		149.2%PE179.9x
MSTI Mastersystem InfotamaRp1.30k0.8%
+Rp31.4b		-9.4%PE7.7x

Latest News

DCII
Rp205,000.00
DCI Indonesia
7D
2.5%
1Y
-0.3%
INET
Rp284.00
Sinergi Inti Andalan Prima
7D
-6.0%
1Y
158.2%
ELIT
Rp199.00
Data Sinergitama Jaya
7D
-2.5%
1Y
1.5%
MLPT
Rp19,125.00
Multipolar Technology
7D
-13.1%
1Y
-54.0%
WIRG
Rp80.00
WIR ASIA
7D
-2.4%
1Y
-20.0%
CYBR
Rp1,470.00
ITSEC Asia
7D
7.3%
1Y
149.2%
WGSH
Rp226.00
Wira Global Solusi
7D
-6.6%
1Y
61.4%
ATIC
Rp545.00
Anabatic Technologies
7D
-1.8%
1Y
13.5%
MSTI
Rp1,300.00
Mastersystem Infotama
7D
0.8%
1Y
-9.4%
AREA
Rp340.00
Dunia Virtual Online
7D
-1.7%
1Y
-20.6%