Header cover image

Indonesian (IDX) IT Industry Analysis

UpdatedMar 20, 2026
DataAggregated Company Financials
Companies12
  • 7D-5.1%
  • 3M-24.5%
  • 1Y12.2%
  • YTD-18.9%

In the last week, the IT industry is flat overall, with DCI Indonesia standing out by going down 4.1%. The past year has been better, since the industry has gained 29% in that time. 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
Fri, 20 Mar 2026Rp559.0tRp30.3tRp2.3t80.1x241.1x18.4x
Sun, 15 Feb 2026Rp635.7tRp30.3tRp2.5t70.4x258.4x21x
Tue, 13 Jan 2026Rp671.6tRp30.3tRp2.5t64.5x273x22.2x
Thu, 11 Dec 2025Rp752.3tRp30.3tRp2.5t67.3x305.8x24.8x
Sat, 08 Nov 2025Rp799.8tRp30.2tRp2.4t63.9x327.9x26.5x
Mon, 06 Oct 2025Rp1044.5tRp29.6tRp2.4t60.7x429.1x35.3x
Wed, 03 Sep 2025Rp943.6tRp29.6tRp2.4t58.1x387.6x31.9x
Fri, 01 Aug 2025Rp922.4tRp30.6tRp2.5t59.9x365.6x30.1x
Sun, 29 Jun 2025Rp455.6tRp30.5tRp2.5t42.5x180.7x14.9x
Tue, 27 May 2025Rp428.0tRp31.5tRp2.5t41.3x170.3x13.6x
Thu, 24 Apr 2025Rp482.6tRp32.6tRp2.2t47.4x220.2x14.8x
Sat, 22 Mar 2025Rp460.5tRp33.5tRp2.3t48.8x199.9x13.8x
Mon, 17 Feb 2025Rp189.4tRp32.7tRp2.1t30.5x89.8x5.8x
Wed, 15 Jan 2025Rp151.2tRp32.8tRp2.1t28.3x71.6x4.6x
Fri, 13 Dec 2024Rp157.7tRp32.7tRp2.1t29.7x74.2x4.8x
Sun, 10 Nov 2024Rp142.3tRp34.3tRp2.1t29.2x68.6x4.1x
Tue, 08 Oct 2024Rp146.4tRp33.5tRp2.0t26.1x72.9x4.4x
Thu, 05 Sep 2024Rp118.1tRp33.1tRp2.0t20.4x60.4x3.6x
Sat, 03 Aug 2024Rp116.3tRp34.4tRp1.8t13.3x63.7x3.4x
Mon, 01 Jul 2024Rp104.7tRp34.3tRp1.8t13.8x58x3x
Wed, 29 May 2024Rp101.0tRp33.3tRp1.5t12.9x65.4x3x
Fri, 26 Apr 2024Rp97.8tRp23.6tRp1.2t14.7x82.3x4.1x
Sun, 24 Mar 2024Rp96.6tRp23.3tRp1.2t18.9x80.7x4.1x
Tue, 20 Feb 2024Rp108.7tRp24.2tRp1.4t19.5x76.5x4.5x
Thu, 18 Jan 2024Rp115.7tRp24.2tRp1.4t27.9x81.4x4.8x
Sat, 16 Dec 2023Rp137.6tRp24.3tRp1.4t28.5x97.7x5.7x
Mon, 13 Nov 2023Rp101.3tRp24.0tRp1.4t29.7x71.4x4.2x
Wed, 11 Oct 2023Rp98.3tRp20.6tRp991.0b35.7x99.2x4.8x
Fri, 08 Sep 2023Rp96.5tRp28.9tRp1.0t31.7x93x3.3x
Sun, 06 Aug 2023Rp97.1tRp28.4tRp1.2t45.9x82x3.4x
Tue, 04 Jul 2023Rp103.4tRp28.4tRp1.1t33.4x94.9x3.6x
Thu, 01 Jun 2023Rp98.1tRp28.4tRp1.1t39.3x90.1x3.4x
Sat, 29 Apr 2023Rp106.3tRp27.4tRp1.2t37.8x92.3x3.9x
Mon, 27 Mar 2023Rp105.6tRp17.9tRp990.2b47.5x106.6x5.9x
Price to Earnings Ratio

106.6x


Total Market Cap: Rp105.6tTotal Earnings: Rp990.2bTotal Revenue: Rp17.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 151x202420252026
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-4.32%
Tech-4.91%
IT-5.06%
Data Processing Services0%0
Internet Services and Infrastructure-4.16%
IT Consulting-12.63%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 298x.
    • 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
ATIC Anabatic TechnologiesRp540.001.9%
+Rp23.2b
26.8%PE5.3x
KREN Quantum Clovera InvestamaRp17.006.3%
+Rp18.2b
70.0%PS0.06x
WGSH Wira Global SolusiRp246.004.2%
+Rp10.4b
25.5%PE48.7x

Latest News