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Indonesian (IDX) IT Industry Analysis

UpdatedFeb 20, 2026
DataAggregated Company Financials
Companies12
  • 7D-5.2%
  • 3M-23.9%
  • 1Y137.4%
  • YTD-10.9%

The IT is pretty flat in the last 7 days, but Sinergi Inti Andalan Prima has stood out, gaining 13%. The past year has been better, since the industry has gained 180% in that time. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 20 Feb 2026Rp605.2tRp30.3tRp2.5t70.4x246x20x
Sun, 18 Jan 2026Rp671.3tRp30.3tRp2.5t66.1x272.9x22.2x
Tue, 16 Dec 2025Rp736.0tRp30.3tRp2.5t67.6x299.2x24.3x
Thu, 13 Nov 2025Rp804.2tRp30.3tRp2.4t64.3x328.3x26.6x
Sat, 11 Oct 2025Rp1058.3tRp29.6tRp2.4t69.8x434.7x35.8x
Mon, 08 Sep 2025Rp947.7tRp29.6tRp2.4t57.3x389.3x32x
Wed, 06 Aug 2025Rp928.5tRp30.8tRp2.6t58.6x362.2x30.1x
Fri, 04 Jul 2025Rp448.7tRp30.5tRp2.5t44x178x14.7x
Sun, 01 Jun 2025Rp443.2tRp30.5tRp2.5t41.3x175.9x14.5x
Tue, 29 Apr 2025Rp489.0tRp33.0tRp2.5t38.6x198.1x14.8x
Thu, 27 Mar 2025Rp491.1tRp33.5tRp2.3t47x214.9x14.7x
Sat, 22 Feb 2025Rp287.7tRp32.7tRp2.1t37.5x136.5x8.8x
Mon, 20 Jan 2025Rp151.2tRp32.7tRp2.1t29.6x71.8x4.6x
Wed, 18 Dec 2024Rp153.9tRp32.7tRp2.1t29.6x72.4x4.7x
Fri, 15 Nov 2024Rp173.6tRp34.3tRp2.1t28.7x83.7x5.1x
Sun, 13 Oct 2024Rp146.9tRp33.5tRp2.0t30.1x73.1x4.4x
Tue, 10 Sep 2024Rp120.5tRp33.1tRp2.0t19.1x61.7x3.6x
Thu, 08 Aug 2024Rp113.6tRp33.1tRp2.0t13.3x58.1x3.4x
Sat, 06 Jul 2024Rp110.5tRp34.3tRp1.8t13x61.2x3.2x
Mon, 03 Jun 2024Rp99.7tRp33.3tRp1.5t12.2x64.6x3x
Wed, 01 May 2024Rp98.3tRp23.6tRp1.2t14.7x82.9x4.2x
Fri, 29 Mar 2024Rp96.6tRp24.1tRp1.2t18.6x77.3x4x
Sun, 25 Feb 2024Rp97.5tRp23.3tRp1.2t18.6x83.5x4.2x
Tue, 23 Jan 2024Rp114.9tRp24.2tRp1.4t27.2x80.9x4.7x
Thu, 21 Dec 2023Rp126.2tRp24.3tRp1.4t27.9x89.6x5.2x
Sat, 18 Nov 2023Rp101.3tRp24.0tRp1.4t28.8x71.4x4.2x
Mon, 16 Oct 2023Rp98.2tRp20.6tRp991.0b35.5x99.1x4.8x
Wed, 13 Sep 2023Rp94.7tRp20.6tRp991.0b36.5x95.5x4.6x
Fri, 11 Aug 2023Rp98.3tRp28.6tRp999.6b48.9x98.3x3.4x
Sun, 09 Jul 2023Rp98.7tRp28.4tRp1.1t34.8x90.7x3.5x
Tue, 06 Jun 2023Rp100.3tRp28.4tRp1.1t36.3x92.2x3.5x
Thu, 04 May 2023Rp106.4tRp27.4tRp1.2t36.7x92.3x3.9x
Sat, 01 Apr 2023Rp105.6tRp17.9tRp990.2b47.9x106.7x5.9x
Mon, 27 Feb 2023Rp113.1tRp30.5tRp852.2b60x132.7x3.7x
Price to Earnings Ratio

132.7x


Total Market Cap: Rp113.1tTotal Earnings: Rp852.2bTotal Revenue: Rp30.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 148x202420252026
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 259x which is higher than its 3-year average PE of 148x.
  • The 3-year average PS ratio of 10.1x 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 Market-0.14%
Tech-4.99%
IT-5.17%
Data Processing Services0%0
IT Consulting-2.22%
Internet Services and Infrastructure-5.70%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 293x.
    • 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 50.6x.
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
INET Sinergi Inti Andalan PrimaRp422.0012.2%
+Rp409.1b		260.7%PE201.9x
AREA Dunia Virtual OnlineRp416.000.5%
+Rp5.1b		89.1%PE121x

Latest News

DCII
Rp212,000.00
DCI Indonesia
7D
-5.8%
1Y
215.4%
CYBR
Rp1,480.00
ITSEC Asia
7D
-0.7%
1Y
159.6%
WGSH
Rp256.00
Wira Global Solusi
7D
-4.5%
1Y
134.9%
ELIT
Rp262.00
Data Sinergitama Jaya
7D
-3.7%
1Y
74.7%
ATIC
Rp645.00
Anabatic Technologies
7D
-0.8%
1Y
43.3%
MSTI
Rp1,385.00
Mastersystem Infotama
7D
-1.4%
1Y
-3.8%
INET
Rp422.00
Sinergi Inti Andalan Prima
7D
12.2%
1Y
260.7%
KREN
Rp20.00
Quantum Clovera Investama
7D
-4.8%
1Y
150.0%
AREA
Rp416.00
Dunia Virtual Online
7D
0.5%
1Y
89.1%
MLPT
Rp36,000.00
Multipolar Technology
7D
-2.8%
1Y
-5.9%