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Indonesian (IDX) IT Industry Analysis

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies12
  • 7D-2.2%
  • 3Mn/a
  • 1Y302.1%
  • YTD185.2%

Over the last 7 days, the IT industry has dropped 2.2%, driven by a pullback from DCI Indonesia of 2.2%. This takes the industry's 12 month performance to a gain of 302%. As for the next few years, earnings are expected to grow by 7.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 06 Jul 2025Rp448.9tRp30.5tRp2.5t43.5x178.1x14.7x
Tue, 03 Jun 2025Rp438.5tRp30.5tRp2.5t39.7x174x14.4x
Thu, 01 May 2025Rp485.2tRp33.1tRp2.5t39.9x196.7x14.7x
Sat, 29 Mar 2025Rp498.4tRp32.4tRp2.2t47.5x227.9x15.4x
Mon, 24 Feb 2025Rp287.7tRp32.7tRp2.1t37.5x136.5x8.8x
Wed, 22 Jan 2025Rp150.8tRp32.7tRp2.1t29.6x71.5x4.6x
Fri, 20 Dec 2024Rp151.4tRp32.7tRp2.1t28.8x71.3x4.6x
Sun, 17 Nov 2024Rp175.3tRp34.3tRp2.1t29.1x84.6x5.1x
Tue, 15 Oct 2024Rp146.9tRp33.5tRp2.0t30.1x73.1x4.4x
Thu, 12 Sep 2024Rp123.6tRp33.1tRp2.0t22.2x63.3x3.7x
Sat, 10 Aug 2024Rp114.1tRp33.1tRp2.0t13.8x58.4x3.4x
Mon, 08 Jul 2024Rp110.6tRp34.3tRp1.8t13x61.3x3.2x
Wed, 05 Jun 2024Rp98.9tRp33.3tRp1.5t13.1x64.1x3x
Fri, 03 May 2024Rp97.8tRp24.1tRp1.2t15x79.1x4.1x
Sun, 31 Mar 2024Rp97.0tRp24.1tRp1.3t20.2x77.5x4x
Tue, 27 Feb 2024Rp97.6tRp23.3tRp1.2t18.3x83.6x4.2x
Thu, 25 Jan 2024Rp114.3tRp24.2tRp1.4t26.3x80.4x4.7x
Sat, 23 Dec 2023Rp127.5tRp24.3tRp1.4t27.6x90.6x5.3x
Mon, 20 Nov 2023Rp103.6tRp24.0tRp1.4t28.8x73x4.3x
Wed, 18 Oct 2023Rp98.2tRp20.6tRp991.0b34x99.1x4.8x
Fri, 15 Sep 2023Rp95.1tRp20.6tRp991.0b36.8x96x4.6x
Sun, 13 Aug 2023Rp98.3tRp28.6tRp999.6b48.9x98.3x3.4x
Tue, 11 Jul 2023Rp98.7tRp28.4tRp1.1t35x90.7x3.5x
Thu, 08 Jun 2023Rp99.9tRp28.4tRp1.1t35.9x91.8x3.5x
Sat, 06 May 2023Rp101.0tRp27.1tRp1.1t36.9x90.4x3.7x
Mon, 03 Apr 2023Rp105.6tRp17.9tRp990.2b47.9x106.7x5.9x
Wed, 01 Mar 2023Rp112.6tRp30.5tRp852.2b64x132.1x3.7x
Fri, 27 Jan 2023Rp111.4tRp30.5tRp852.2b57.7x130.8x3.7x
Sun, 25 Dec 2022Rp115.2tRp30.4tRp601.9b151.6x191.4x3.8x
Tue, 22 Nov 2022Rp114.9tRp30.7tRp607.4b136.9x189.2x3.7x
Thu, 20 Oct 2022Rp120.7tRp30.5tRp570.4b173.2x211.7x4x
Sat, 17 Sep 2022Rp129.5tRp30.5tRp572.9b184x226.1x4.2x
Mon, 15 Aug 2022Rp124.8tRp17.8tRp965.5b110.6x129.3x7x
Wed, 13 Jul 2022Rp138.7tRp17.5tRp756.4b119.9x183.4x7.9x
Price to Earnings Ratio

183.4x


Total Market Cap: Rp138.7tTotal Earnings: Rp756.4bTotal Revenue: Rp17.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 117.3x202320242025
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 178x which is higher than its 3-year average PE of 117x.
  • The 3-year average PS ratio of 5.6x is lower than the industry's current PS ratio of 14.7x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 49% per year over the last three years.
  • Revenues for these companies have grown 20% 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-0.34%
Tech-2.20%
IT-2.24%
Data Processing Services0%0
Internet Services and Infrastructure-2.19%
IT Consulting-2.44%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 239x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • 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 38.5x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 7.7% over the next 5 years.
  • This is better than its past earnings decline of 3.7% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 7.7% 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
EDGE IndointernetRp3.80k2.4%
+Rp181.8b		-2.8%PE38.5x
AREA Dunia Virtual OnlineRp442.004.7%
+Rp50.8b		158.5%PE125.6x
WIRG WIR ASIARp82.002.5%
+Rp23.9b		-8.9%PE13.2x
WGSH Wira Global SolusiRp181.003.4%
+Rp6.3b		241.5%PE44x
ELIT Data Sinergitama JayaRp161.000.6%
+Rp2.0b		53.3%PE13.3x

Latest News

ELIT
Rp161.00
Data Sinergitama Jaya
7D
0.6%
1Y
53.3%
WGSH
Rp181.00
Wira Global Solusi
7D
3.4%
1Y
241.5%
INET
Rp163.00
Sinergi Inti Andalan Prima
7D
-3.6%
1Y
219.6%
MSTI
Rp1,300.00
Mastersystem Infotama
7D
-3.7%
1Y
-6.5%
AREA
Rp442.00
Dunia Virtual Online
7D
4.7%
1Y
158.5%
ATIC
Rp382.00
Anabatic Technologies
7D
-3.0%
1Y
18.6%
WIRG
Rp82.00
WIR ASIA
7D
2.5%
1Y
-8.9%
EDGE
Rp3,800.00
Indointernet
7D
2.4%
1Y
-2.8%
CYBR
Rp930.00
ITSEC Asia
7D
-1.1%
1Y
161.2%
MLPT
Rp33,900.00
Multipolar Technology
7D
-3.1%
1Y
2,678.7%
DCII
Rp150,550.00
DCI Indonesia
7D
-2.2%
1Y
295.1%