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Indonesian (IDX) IT Industry Analysis

UpdatedMar 22, 2026
DataAggregated Company Financials
Companies12
  • 7D2.6%
  • 3M-21.5%
  • 1Y21.0%
  • YTD-18.9%

The IT industry is up 2.6% in the last week, with DCI Indonesia up 4.1%. In the same time, Multipolar Technology was down 15%. This means that the industry has gained 21% over the past year. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 23 Mar 2026Rp559.0tRp30.3tRp2.3t80.1x241.1x18.4x
Wed, 18 Feb 2026Rp635.7tRp30.3tRp2.5t70.4x258.4x21x
Fri, 16 Jan 2026Rp671.3tRp30.3tRp2.5t66.1x272.9x22.2x
Sun, 14 Dec 2025Rp745.8tRp30.3tRp2.5t65.8x303.2x24.6x
Tue, 11 Nov 2025Rp803.8tRp30.3tRp2.4t64.1x328.1x26.6x
Thu, 09 Oct 2025Rp1116.0tRp29.6tRp2.4t58.6x458.4x37.7x
Sat, 06 Sep 2025Rp947.7tRp29.6tRp2.4t57.3x389.3x32x
Mon, 04 Aug 2025Rp927.7tRp30.8tRp2.6t59.4x361.9x30.1x
Wed, 02 Jul 2025Rp455.6tRp30.5tRp2.5t42.3x180.7x14.9x
Fri, 30 May 2025Rp443.2tRp31.5tRp2.5t41.3x176.3x14.1x
Sun, 27 Apr 2025Rp489.0tRp33.0tRp2.5t38.6x198.1x14.8x
Tue, 25 Mar 2025Rp492.6tRp33.5tRp2.3t44.5x213.8x14.7x
Thu, 20 Feb 2025Rp202.8tRp32.7tRp2.1t30x96.2x6.2x
Sat, 18 Jan 2025Rp151.3tRp32.7tRp2.1t29.6x71.8x4.6x
Mon, 16 Dec 2024Rp158.1tRp32.7tRp2.1t29.6x74.4x4.8x
Wed, 13 Nov 2024Rp156.9tRp34.3tRp2.1t28.8x75.7x4.6x
Fri, 11 Oct 2024Rp148.4tRp33.5tRp2.0t28.8x73.9x4.4x
Sun, 08 Sep 2024Rp120.1tRp33.1tRp2.0t19.7x61.5x3.6x
Tue, 06 Aug 2024Rp113.9tRp33.1tRp2.0t13.3x58.3x3.4x
Thu, 04 Jul 2024Rp107.9tRp34.3tRp1.8t12.5x59.8x3.1x
Sat, 01 Jun 2024Rp100.0tRp33.3tRp1.5t12.2x64.7x3x
Mon, 29 Apr 2024Rp98.2tRp23.6tRp1.2t14.7x82.8x4.2x
Wed, 27 Mar 2024Rp96.0tRp23.3tRp1.2t18.9x80.2x4.1x
Fri, 23 Feb 2024Rp98.6tRp23.3tRp1.2t18.6x84.5x4.2x
Sun, 21 Jan 2024Rp115.0tRp24.2tRp1.4t27.9x80.9x4.7x
Tue, 19 Dec 2023Rp126.4tRp24.3tRp1.4t27.9x89.7x5.2x
Thu, 16 Nov 2023Rp95.4tRp24.0tRp1.4t27.1x67.3x4x
Sat, 14 Oct 2023Rp98.4tRp20.6tRp991.0b35.5x99.3x4.8x
Mon, 11 Sep 2023Rp94.6tRp20.6tRp991.0b36.8x95.5x4.6x
Wed, 09 Aug 2023Rp97.0tRp28.6tRp999.6b48.9x97.1x3.4x
Fri, 07 Jul 2023Rp98.1tRp28.4tRp1.1t34.1x90.1x3.4x
Sun, 04 Jun 2023Rp100.3tRp28.4tRp1.1t39.3x92.2x3.5x
Tue, 02 May 2023Rp106.3tRp27.4tRp1.2t37.8x92.3x3.9x
Thu, 30 Mar 2023Rp105.7tRp17.9tRp990.2b47.9x106.8x5.9x
Price to Earnings Ratio

106.8x


Total Market Cap: Rp105.7tTotal Earnings: Rp990.2bTotal Revenue: Rp17.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 151.3x202420252026
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 241x which is higher than its 3-year average PE of 151x.
  • The 3-year average PS ratio of 10.6x is lower than the industry's current PS ratio of 18.4x.
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-1.01%
Tech2.62%
IT2.65%
Internet Services and Infrastructure3.97%
Data Processing Services0%0
IT Consulting-8.20%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 299x.
    • 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 below its 3-year average of 51.4x.
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 9.7% 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
DCII DCI IndonesiaRp208.98k4.1%
+Rp19.5t
37.5%PE497.5x
ATIC Anabatic TechnologiesRp540.008.0%
+Rp92.6b
31.1%PE5.3x
KREN Quantum Clovera InvestamaRp17.006.3%
+Rp18.2b
70.0%PS0.06x
WGSH Wira Global SolusiRp246.007.0%
+Rp16.7b
17.1%PE48.7x
MSTI Mastersystem InfotamaRp1.32k0.4%
+Rp15.7b
-6.1%PE7.5x

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