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Indonesian (IDX) IT Industry Analysis

UpdatedJan 24, 2026
DataAggregated Company Financials
Companies12
  • 7D0.4%
  • 3M-19.9%
  • 1Y324.6%
  • YTD-0.8%

Over the last 7 days, the IT industry has remained flat. The past year has been better, since the industry has gained 325% in that time. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Jan 2026Rp673.9tRp30.3tRp2.5t67.6x273.9x22.3x
Mon, 22 Dec 2025Rp730.5tRp30.3tRp2.5t67.1x296.9x24.1x
Wed, 19 Nov 2025Rp802.4tRp30.3tRp2.4t65.7x327.6x26.5x
Fri, 17 Oct 2025Rp958.2tRp29.6tRp2.4t63.1x393.6x32.4x
Sun, 14 Sep 2025Rp900.8tRp29.6tRp2.4t57.5x370x30.4x
Tue, 12 Aug 2025Rp726.3tRp29.6tRp2.4t58.7x298.4x24.5x
Thu, 10 Jul 2025Rp443.0tRp30.5tRp2.5t43.3x175.7x14.5x
Sat, 07 Jun 2025Rp442.5tRp30.5tRp2.5t45x175.6x14.5x
Mon, 05 May 2025Rp482.9tRp32.6tRp2.5t39.9x190.5x14.8x
Wed, 02 Apr 2025Rp498.4tRp32.5tRp2.2t41.6x228.2x15.3x
Fri, 28 Feb 2025Rp375.3tRp32.7tRp2.1t49x178.1x11.5x
Sun, 26 Jan 2025Rp158.5tRp32.7tRp2.1t29.4x75.2x4.8x
Tue, 24 Dec 2024Rp151.9tRp32.7tRp2.1t28.5x71.5x4.6x
Thu, 21 Nov 2024Rp170.7tRp34.3tRp2.1t28.9x82.4x5x
Sat, 19 Oct 2024Rp152.4tRp33.5tRp2.0t31x75.9x4.5x
Mon, 16 Sep 2024Rp168.0tRp33.1tRp2.0t23.9x86x5.1x
Wed, 14 Aug 2024Rp120.6tRp33.1tRp2.0t16x61.8x3.6x
Fri, 12 Jul 2024Rp111.0tRp34.3tRp1.8t13.2x61.5x3.2x
Sun, 09 Jun 2024Rp97.5tRp33.4tRp1.5t14.2x63.3x2.9x
Tue, 07 May 2024Rp98.7tRp34.4tRp1.5t13.5x66.6x2.9x
Thu, 04 Apr 2024Rp95.3tRp24.1tRp1.3t16.9x76.1x4x
Sat, 02 Mar 2024Rp94.9tRp23.3tRp1.2t19.2x81.3x4.1x
Mon, 29 Jan 2024Rp113.0tRp24.2tRp1.4t25.1x79.5x4.7x
Wed, 27 Dec 2023Rp127.6tRp24.3tRp1.4t27.6x90.6x5.3x
Fri, 24 Nov 2023Rp125.8tRp24.0tRp1.4t28.6x88.7x5.3x
Sun, 22 Oct 2023Rp98.2tRp20.6tRp991.0b33.1x99x4.8x
Tue, 19 Sep 2023Rp95.2tRp20.6tRp991.0b36.8x96x4.6x
Thu, 17 Aug 2023Rp98.2tRp28.6tRp999.6b48.9x98.3x3.4x
Sat, 15 Jul 2023Rp100.1tRp28.4tRp1.1t39.7x91.9x3.5x
Mon, 12 Jun 2023Rp101.2tRp28.4tRp1.1t34.7x93x3.6x
Wed, 10 May 2023Rp99.8tRp27.1tRp1.1t36.6x89.3x3.7x
Fri, 07 Apr 2023Rp105.1tRp17.9tRp990.2b47.4x106.2x5.9x
Sun, 05 Mar 2023Rp112.7tRp30.5tRp852.2b60.5x132.2x3.7x
Tue, 31 Jan 2023Rp111.4tRp30.5tRp852.2b56x130.7x3.7x
Price to Earnings Ratio

130.7x


Total Market Cap: Rp111.4tTotal Earnings: Rp852.2bTotal Revenue: Rp30.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 144.9x202420252026
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 274x which is higher than its 3-year average PE of 145x.
  • The 3-year average PS ratio of 9.7x is lower than the industry's current PS ratio of 22.3x.
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-1.39%
Tech0.34%
IT0.39%
Internet Services and Infrastructure0.80%
Data Processing Services0%0
IT Consulting-1.10%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 289x.
    • 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 49.3x.
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
DCII DCI IndonesiaRp219.78k0.8%
+Rp4.2t		388.4%PE447x
ELIT Data Sinergitama JayaRp354.0050.0%
+Rp238.4b		183.2%PE24.1x
EDGE IndointernetRp4.60k2.2%
+Rp202.0b		24.3%PE67.6x
CYBR ITSEC AsiaRp1.76k0.6%
+Rp66.5b		315.9%PE214.8x
MSTI Mastersystem InfotamaRp1.42k1.1%
+Rp47.1b		-3.1%PE8.4x

Latest News

ELIT
Rp354.00
Data Sinergitama Jaya
7D
50.0%
1Y
183.2%
ATIC
Rp675.00
Anabatic Technologies
7D
-4.9%
1Y
64.6%
CYBR
Rp1,755.00
ITSEC Asia
7D
0.6%
1Y
315.9%
WGSH
Rp318.00
Wira Global Solusi
7D
1.9%
1Y
231.3%
MSTI
Rp1,420.00
Mastersystem Infotama
7D
1.1%
1Y
-3.1%
KREN
Rp25.00
Quantum Clovera Investama
7D
-32.4%
1Y
177.8%
EDGE
Rp4,600.00
Indointernet
7D
2.2%
1Y
24.3%
AREA
Rp500.00
Dunia Virtual Online
7D
-1.0%
1Y
140.4%
MLPT
Rp61,025.00
Multipolar Technology
7D
-1.6%
1Y
250.7%
DCII
Rp219,775.00
DCI Indonesia
7D
0.8%
1Y
388.4%
WIRG
Rp100.00
WIR ASIA
7D
-2.9%
1Y
-2.9%