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Indonesian (IDX) IT Industry Analysis

UpdatedJan 22, 2026
DataAggregated Company Financials
Companies12
  • 7D3.6%
  • 3M-21.0%
  • 1Y313.6%
  • YTD-0.5%

In the last week, the IT industry is up 2.0%, with DCI Indonesia up 4.7%. In the last 12 months, the industry was up 353%. 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
Thu, 22 Jan 2026Rp675.9tRp30.3tRp2.5t66.7x274.8x22.3x
Sat, 20 Dec 2025Rp730.5tRp30.3tRp2.5t67.1x296.9x24.1x
Mon, 17 Nov 2025Rp800.6tRp30.3tRp2.4t64.1x326.8x26.5x
Wed, 15 Oct 2025Rp1052.1tRp29.6tRp2.4t62.7x432.2x35.5x
Fri, 12 Sep 2025Rp881.4tRp29.6tRp2.4t56x362.1x29.8x
Sun, 10 Aug 2025Rp776.6tRp29.6tRp2.4t57.1x319x26.2x
Tue, 08 Jul 2025Rp444.3tRp30.5tRp2.5t42.5x176.2x14.6x
Thu, 05 Jun 2025Rp433.0tRp30.5tRp2.5t43.5x171.9x14.2x
Sat, 03 May 2025Rp485.2tRp33.1tRp2.5t39.9x196.7x14.7x
Mon, 31 Mar 2025Rp498.4tRp32.4tRp2.2t47.5x227.9x15.4x
Wed, 26 Feb 2025Rp330.2tRp32.7tRp2.1t48.2x156.7x10.1x
Fri, 24 Jan 2025Rp162.5tRp32.7tRp2.1t29.7x77.1x5x
Sun, 22 Dec 2024Rp152.0tRp32.7tRp2.1t28.6x71.6x4.6x
Tue, 19 Nov 2024Rp163.4tRp34.3tRp2.1t28.6x78.8x4.8x
Thu, 17 Oct 2024Rp148.3tRp33.5tRp2.0t30.4x73.8x4.4x
Sat, 14 Sep 2024Rp151.8tRp33.1tRp2.0t23.9x77.7x4.6x
Mon, 12 Aug 2024Rp113.9tRp33.1tRp2.0t16x58.3x3.4x
Wed, 10 Jul 2024Rp111.0tRp34.3tRp1.8t13.2x61.5x3.2x
Fri, 07 Jun 2024Rp98.3tRp33.3tRp1.5t14x63.7x2.9x
Sun, 05 May 2024Rp97.9tRp24.1tRp1.3t15x77.8x4.1x
Tue, 02 Apr 2024Rp96.7tRp24.1tRp1.3t17.1x77.2x4x
Thu, 29 Feb 2024Rp97.1tRp23.3tRp1.2t19.2x83.2x4.2x
Sat, 27 Jan 2024Rp113.0tRp24.2tRp1.4t25.1x79.5x4.7x
Mon, 25 Dec 2023Rp127.6tRp24.3tRp1.4t27.6x90.6x5.3x
Wed, 22 Nov 2023Rp103.6tRp24.0tRp1.4t28.8x73x4.3x
Fri, 20 Oct 2023Rp98.3tRp20.6tRp991.0b32.7x99.2x4.8x
Sun, 17 Sep 2023Rp95.2tRp20.6tRp991.0b37.1x96x4.6x
Tue, 15 Aug 2023Rp98.4tRp28.6tRp999.6b48.9x98.4x3.4x
Thu, 13 Jul 2023Rp99.0tRp28.4tRp1.1t39.9x91x3.5x
Sat, 10 Jun 2023Rp100.6tRp28.4tRp1.1t34.7x92.5x3.5x
Mon, 08 May 2023Rp99.9tRp27.1tRp1.1t36.9x89.4x3.7x
Wed, 05 Apr 2023Rp105.5tRp17.9tRp990.2b47.5x106.5x5.9x
Fri, 03 Mar 2023Rp112.7tRp30.5tRp852.2b60.7x132.2x3.7x
Sun, 29 Jan 2023Rp111.3tRp30.5tRp852.2b56.5x130.6x3.7x
Price to Earnings Ratio

130.6x


Total Market Cap: Rp111.3tTotal Earnings: Rp852.2bTotal Revenue: Rp30.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 144.6x202420252026
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 278x which is higher than its 3-year average PE of 144x.
  • The 3-year average PS ratio of 9.7x is lower than the industry's current PS ratio of 22.6x.
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-0.091%
Tech3.61%
IT3.61%
Internet Services and Infrastructure4.72%
Data Processing Services0%0
IT Consulting-0.28%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 288x.
    • 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 49.1x.
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
CYBR ITSEC AsiaRp1.80k2.9%
+Rp332.3b		325.4%PE219.7x
INET Sinergi Inti Andalan PrimaRp550.005.8%
+Rp266.8b		525.0%PE263.1x
ELIT Data Sinergitama JayaRp356.0050.8%
+Rp242.4b		184.8%PE24.2x
EDGE IndointernetRp4.60k2.2%
+Rp202.0b		21.7%PE67.6x

Latest News

ELIT
Rp356.00
Data Sinergitama Jaya
7D
50.8%
1Y
184.8%
ATIC
Rp695.00
Anabatic Technologies
7D
-2.1%
1Y
71.2%
CYBR
Rp1,795.00
ITSEC Asia
7D
2.9%
1Y
325.4%
WGSH
Rp304.00
Wira Global Solusi
7D
-2.6%
1Y
216.7%
MSTI
Rp1,410.00
Mastersystem Infotama
7D
-0.4%
1Y
-2.1%
INET
Rp550.00
Sinergi Inti Andalan Prima
7D
5.8%
1Y
525.0%
KREN
Rp27.00
Quantum Clovera Investama
7D
-27.0%
1Y
170.0%
EDGE
Rp4,600.00
Indointernet
7D
2.2%
1Y
21.7%
MLPT
Rp61,550.00
Multipolar Technology
7D
-0.7%
1Y
252.7%
DCII
Rp215,750.00
DCI Indonesia
7D
-1.0%
1Y
363.5%
WIRG
Rp100.00
WIR ASIA
7D
-2.9%
1Y
-4.8%