Indonesian Software Potentially Undervalued Companies

Limas Indonesia Makmur

Market Cap: Rp39.4b

PT Limas Indonesia Makmur Tbk provides stock information and news, and value-added telephone services primarily in Indonesia.

Quantum Clovera Investama

Market Cap: Rp182.1b

Operates in the technology and digital sectors in Indonesia.

Anabatic Technologies

Market Cap: Rp963.2b

Provides mission critical digital, digital outsourcing, cloud and digital platform partner, and financial technology services in Indonesia.

Mastersystem Infotama

Market Cap: Rp4.5t

Provides information and communication technology infrastructure solutions and system integration services to enterprise banking, oil and gas, enterprise, and telecommunication markets in Indonesia.

Data Sinergitama Jaya

Market Cap: Rp361.6b

Provides IT infrastructure and managed services.