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Indonesian (IDX) IT Industry Analysis

UpdatedFeb 21, 2026
DataAggregated Company Financials
Companies12
  • 7D-3.7%
  • 3M-23.1%
  • 1Y112.5%
  • YTD-9.9%

Over the last 7 days, the IT industry has dropped 5.2%, driven by DCI Indonesia declining 4.1%. In contrast, Sinergi Inti Andalan Prima has gained 7.3%. Over the past 12 months, the industry was up 137%. 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
Sat, 21 Feb 2026Rp611.9tRp30.3tRp2.5t70.4x248.7x20.2x
Mon, 19 Jan 2026Rp671.3tRp30.3tRp2.5t66.1x272.9x22.2x
Wed, 17 Dec 2025Rp742.1tRp30.3tRp2.5t68.3x301.7x24.5x
Fri, 14 Nov 2025Rp802.3tRp30.3tRp2.4t64.5x327.5x26.5x
Sun, 12 Oct 2025Rp1073.9tRp29.6tRp2.4t69.8x441.2x36.3x
Tue, 09 Sep 2025Rp934.4tRp29.6tRp2.4t57.3x383.9x31.6x
Thu, 07 Aug 2025Rp928.4tRp29.6tRp2.4t58.3x382.1x31.4x
Sat, 05 Jul 2025Rp448.8tRp30.5tRp2.5t44x178x14.7x
Mon, 02 Jun 2025Rp443.2tRp30.5tRp2.5t41.3x175.9x14.5x
Wed, 30 Apr 2025Rp491.1tRp33.1tRp2.5t39.1x199.1x14.9x
Fri, 28 Mar 2025Rp491.2tRp33.5tRp2.3t47.2x214.9x14.7x
Sun, 23 Feb 2025Rp287.7tRp32.7tRp2.1t37.5x136.5x8.8x
Tue, 21 Jan 2025Rp151.1tRp32.7tRp2.1t30x71.7x4.6x
Thu, 19 Dec 2024Rp153.2tRp32.7tRp2.1t29.5x72.1x4.7x
Sat, 16 Nov 2024Rp175.3tRp34.3tRp2.1t29.1x84.6x5.1x
Mon, 14 Oct 2024Rp146.9tRp33.5tRp2.0t30.1x73.1x4.4x
Wed, 11 Sep 2024Rp123.7tRp33.1tRp2.0t20.6x63.3x3.7x
Fri, 09 Aug 2024Rp113.9tRp33.1tRp2.0t13.6x58.3x3.4x
Sun, 07 Jul 2024Rp110.6tRp34.3tRp1.8t13x61.3x3.2x
Tue, 04 Jun 2024Rp99.7tRp33.3tRp1.5t12.9x64.6x3x
Thu, 02 May 2024Rp97.8tRp24.1tRp1.2t14.7x79x4.1x
Sat, 30 Mar 2024Rp97.0tRp24.1tRp1.3t20.2x77.5x4x
Mon, 26 Feb 2024Rp97.5tRp23.3tRp1.2t18.6x83.5x4.2x
Wed, 24 Jan 2024Rp114.8tRp24.2tRp1.4t27.2x80.8x4.7x
Fri, 22 Dec 2023Rp125.3tRp24.3tRp1.4t27.9x89x5.2x
Sun, 19 Nov 2023Rp103.6tRp24.0tRp1.4t28.8x73x4.3x
Tue, 17 Oct 2023Rp98.2tRp20.6tRp991.0b35.6x99.1x4.8x
Thu, 14 Sep 2023Rp95.1tRp20.6tRp991.0b36.9x96x4.6x
Sat, 12 Aug 2023Rp98.3tRp28.6tRp999.6b48.9x98.4x3.4x
Mon, 10 Jul 2023Rp98.7tRp28.4tRp1.1t34.8x90.7x3.5x
Wed, 07 Jun 2023Rp101.7tRp28.4tRp1.1t34.5x93.5x3.6x
Fri, 05 May 2023Rp101.0tRp27.1tRp1.1t38.6x90.5x3.7x
Sun, 02 Apr 2023Rp105.6tRp17.9tRp990.2b47.9x106.7x5.9x
Tue, 28 Feb 2023Rp112.7tRp30.5tRp852.2b62.3x132.3x3.7x
Price to Earnings Ratio

132.3x


Total Market Cap: Rp112.7tTotal Earnings: Rp852.2bTotal Revenue: Rp30.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 148.1x202420252026
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 246x which is higher than its 3-year average PE of 148x.
  • The 3-year average PS ratio of 10.2x is lower than the industry's current PS ratio of 20.0x.
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 Market0.43%
Tech-3.57%
IT-3.75%
Data Processing Services0%0
IT Consulting-2.12%
Internet Services and Infrastructure-4.04%
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 50.7x.
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 PrimaRp412.007.3%
+Rp249.0b		255.2%PE197.1x
WIRG WIR ASIARp88.006.0%
+Rp59.7b		-27.3%PE11.7x

Latest News

DCII
Rp215,600.00
DCI Indonesia
7D
-4.1%
1Y
167.3%
CYBR
Rp1,495.00
ITSEC Asia
7D
-1.0%
1Y
141.1%
WGSH
Rp252.00
Wira Global Solusi
7D
-4.5%
1Y
115.4%
ELIT
Rp264.00
Data Sinergitama Jaya
7D
-2.2%
1Y
30.7%
ATIC
Rp630.00
Anabatic Technologies
7D
-3.1%
1Y
16.7%
MSTI
Rp1,360.00
Mastersystem Infotama
7D
-1.4%
1Y
-11.4%
WIRG
Rp88.00
WIR ASIA
7D
6.0%
1Y
-27.3%
INET
Rp412.00
Sinergi Inti Andalan Prima
7D
7.3%
1Y
255.2%
KREN
Rp20.00
Quantum Clovera Investama
7D
-4.8%
1Y
150.0%
MLPT
Rp35,025.00
Multipolar Technology
7D
-2.7%
1Y
-8.5%