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Indonesian (IDX) Software Industry Analysis

UpdatedJul 22, 2026
DataAggregated Company Financials
Companies7
  • 7D10.8%
  • 3M-33.5%
  • 1Y128.3%
  • YTD-49.8%

In the last week, the Software industry is up 5.2%, with Folago Global Nusantara up 17%. This means that the industry has gained 121% over the past year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Jul 2026Rp2.9tRp4.9tRp18.6b74.8x158.6x0.6x
Fri, 19 Jun 2026Rp2.8tRp4.9tRp18.6b68.6x152.2x0.6x
Sun, 17 May 2026Rp4.1tRp4.9tRp19.0b92.9x214.3x0.8x
Tue, 14 Apr 2026Rp3.9tRp4.9tRp54.2b106x72.6x0.8x
Thu, 12 Mar 2026Rp4.0tRp4.9tRp14.6b133.6x272.5x0.8x
Sat, 07 Feb 2026Rp4.3tRp4.9tRp14.6b147.2x294.9x0.9x
Mon, 05 Jan 2026Rp5.9tRp4.9tRp14.6b200.3x401.2x1.2x
Wed, 03 Dec 2025Rp3.5tRp5.1t-Rp9,849,393,334.00779.9x-356.7x0.7x
Fri, 31 Oct 2025Rp2.4tRp5.2t-Rp326,845.0024.4x-7192222.8x0.4x
Sun, 28 Sep 2025Rp2.8tRp5.2t-Rp326,845.0028.9x-8526134.3x0.5x
Tue, 26 Aug 2025Rp1.7tRp5.2t-Rp326,845.0032.7x-5166519x0.3x
Thu, 24 Jul 2025Rp1.2tRp5.8t-Rp90,015,610,999.0046.3x-13.5x0.2x
Sat, 21 Jun 2025Rp1.2tRp5.8t-Rp90,015,610,999.0041.2x-13x0.2x
Mon, 19 May 2025Rp1.2tRp5.8t-Rp82,674,978,144.0056.7x-14.8x0.2x
Wed, 16 Apr 2025Rp689.6bRp6.2t-Rp283,133,078,651.0048.9x-2.4x0.1x
Fri, 14 Mar 2025Rp737.2bRp6.4t-Rp837,503,632,115.0048.9x-0.9x0.1x
Sun, 09 Feb 2025Rp770.0bRp6.4t-Rp837,503,632,115.0048.9x-0.9x0.1x
Tue, 07 Jan 2025Rp854.0bRp6.2t-Rp836,622,789,478.0048.9x-1x0.1x
Thu, 05 Dec 2024Rp859.8bRp6.2t-Rp836,622,789,478.0048.9x-1x0.1x
Sat, 02 Nov 2024Rp764.7bRp6.2t-Rp1,096,142,106,818.0053x-0.7x0.1x
Mon, 30 Sep 2024Rp775.1bRp7.0t-Rp1,091,064,314,262.0053x-0.7x0.1x
Wed, 28 Aug 2024Rp739.0bRp7.0t-Rp1,091,064,314,262.0053x-0.7x0.1x
Fri, 26 Jul 2024Rp705.7bRp7.2t-Rp1,524,072,903,842.0073.6x-0.5x0.1x
Sun, 23 Jun 2024Rp634.9bRp7.2t-Rp1,524,072,903,842.0073.6x-0.4x0.09x
Tue, 21 May 2024Rp967.9bRp7.2t-Rp1,524,072,903,842.0073.6x-0.6x0.1x
Thu, 18 Apr 2024Rp1.1tRp7.8t-Rp1,315,959,867,376.0062.5x-0.8x0.1x
Sat, 16 Mar 2024Rp1.5tRp8.7t-Rp816,185,694,207.0062.5x-1.9x0.2x
Mon, 12 Feb 2024Rp2.8tRp11.7t-Rp795,208,318,429.0062.5x-3.6x0.2x
Wed, 10 Jan 2024Rp4.2tRp10.9t-Rp895,586,644,671.0048.6x-4.7x0.4x
Fri, 08 Dec 2023Rp4.4tRp11.6t-Rp899,054,151,154.0034.6x-4.9x0.4x
Sun, 05 Nov 2023Rp5.0tRp11.6t-Rp892,280,335,173.0021x-5.6x0.4x
Tue, 03 Oct 2023Rp7.6tRp11.9t-Rp607,723,409,812.0036.1x-12.4x0.6x
Thu, 31 Aug 2023Rp5.4tRp11.9t-Rp607,723,409,812.0046.8x-8.9x0.5x
Sat, 29 Jul 2023Rp9.0tRp12.2t-Rp41,443,319,459.0061.2x-217.6x0.7x
Price to Earnings Ratio

-217.6x


Total Market Cap: Rp9.0tTotal Earnings: -Rp41,443,319,459.00Total Revenue: Rp12.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Software Industry Price to Earnings3Y Average -554525.8x202420252026
Current Industry PE
  • Investors are optimistic on the Indonesian Software industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 150x which is higher than its 3-year average PE of -555kx.
  • The industry is trading close to its 3-year average PS ratio of 0.39x.
Past Earnings Growth
  • Total earnings for the Software industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 26% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Indonesian Tech industry?

ID Market4.81%
Tech1.57%
Software10.78%
Application Software11.06%
Systems Software0%0
Industry PE
  • Investors are most optimistic about the Application Software industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
IRSX Folago Global NusantaraRp310.0016.5%
+Rp272.6b
675.0%PE65.8x
DIVA Distribusi Voucher NusantaraRp120.008.1%
+Rp12.6b
5.3%PE120.9x
KIOS Kioson Komersial IndonesiaRp96.003.2%
+Rp3.2b
92.0%PE83.9x
HDIT Hensel Davest IndonesiaRp51.002.0%
+Rp1.5b
183.3%PS4.2x

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