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Indonesian (IDX) Software Industry Analysis

UpdatedFeb 28, 2026
DataAggregated Company Financials
Companies7
  • 7D2.5%
  • 3M27.4%
  • 1Y582.4%
  • YTD-10.4%

In the last week, the Software industry is up 5.5%, with Distribusi Voucher Nusantara up 43%. Meanwhile, Hensel Davest Indonesia actually underperformed within the industry, shrinking 8.6% in the last week. This means that the industry has gained 558% over the past year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 28 Feb 2026Rp5.2tRp4.9tRp14.6b182.6x359.3x1.1x
Mon, 26 Jan 2026Rp5.9tRp4.9tRp14.6b210.6x404.5x1.2x
Wed, 24 Dec 2025Rp5.9tRp4.9tRp14.6b203.2x402.6x1.2x
Fri, 21 Nov 2025Rp2.9tRp5.1t-Rp9,849,393,334.00712.8x-289.7x0.6x
Sun, 19 Oct 2025Rp2.5tRp5.2t-Rp326,845.0023.8x-7736031.4x0.5x
Tue, 16 Sep 2025Rp2.1tRp5.2t-Rp326,845.0030.5x-6474435.5x0.4x
Thu, 14 Aug 2025Rp1.6tRp5.2t-Rp326,845.0031.6x-4876209.4x0.3x
Sat, 12 Jul 2025Rp1.2tRp5.8t-Rp90,015,610,999.0052x-13.7x0.2x
Mon, 09 Jun 2025Rp1.0tRp5.8t-Rp90,015,610,999.0034x-11.4x0.2x
Wed, 07 May 2025Rp983.1bRp6.1t-Rp275,096,846,187.0077.7x-3.6x0.2x
Fri, 04 Apr 2025Rp706.0bRp6.5t-Rp818,349,477,056.0048.9x-0.9x0.1x
Sun, 02 Mar 2025Rp736.9bRp6.4t-Rp837,503,632,115.0048.9x-0.9x0.1x
Tue, 28 Jan 2025Rp812.4bRp6.4t-Rp837,503,632,115.0048.9x-1x0.1x
Thu, 26 Dec 2024Rp798.1bRp6.2t-Rp836,622,789,478.0048.9x-1x0.1x
Sat, 23 Nov 2024Rp803.4bRp6.2t-Rp836,622,789,478.0048.9x-1x0.1x
Mon, 21 Oct 2024Rp760.0bRp7.0t-Rp1,091,064,314,262.0053x-0.7x0.1x
Wed, 18 Sep 2024Rp905.1bRp7.0t-Rp1,091,064,314,262.0053x-0.8x0.1x
Fri, 16 Aug 2024Rp704.0bRp7.0t-Rp1,091,064,314,262.0053x-0.6x0.1x
Sun, 14 Jul 2024Rp656.3bRp7.2t-Rp1,524,072,903,842.0073.6x-0.4x0.09x
Tue, 11 Jun 2024Rp750.2bRp7.2t-Rp1,524,072,903,842.0073.6x-0.5x0.1x
Thu, 09 May 2024Rp897.1bRp7.4t-Rp1,501,652,533,462.0060.8x-0.6x0.1x
Sat, 06 Apr 2024Rp1.1tRp7.8t-Rp1,315,959,867,376.0062.5x-0.8x0.1x
Mon, 04 Mar 2024Rp1.7tRp8.7t-Rp814,151,920,723.0062.5x-2x0.2x
Wed, 31 Jan 2024Rp3.8tRp10.9t-Rp895,586,644,671.0048.6x-4.3x0.4x
Fri, 29 Dec 2023Rp4.1tRp10.9t-Rp894,202,281,711.0040.5x-4.5x0.4x
Sun, 26 Nov 2023Rp4.6tRp11.6t-Rp892,280,335,173.0019.7x-5.2x0.4x
Tue, 24 Oct 2023Rp6.9tRp11.8t-Rp611,440,507,648.0034.6x-11.3x0.6x
Thu, 21 Sep 2023Rp6.9tRp11.9t-Rp607,723,409,812.0036.3x-11.4x0.6x
Sat, 19 Aug 2023Rp6.1tRp11.9t-Rp607,723,409,812.0052x-10x0.5x
Mon, 17 Jul 2023Rp9.9tRp12.2t-Rp41,443,319,459.0063.3x-239.2x0.8x
Wed, 14 Jun 2023Rp13.3tRp12.1t-Rp40,433,784,909.0086x-328.5x1.1x
Fri, 12 May 2023Rp14.5tRp13.6tRp46.7b113.8x310.8x1.1x
Sun, 09 Apr 2023Rp13.5tRp13.0tRp65.6b104.4x206.4x1x
Tue, 07 Mar 2023Rp12.3tRp12.7tRp68.4b35.1x179.3x1x
Price to Earnings Ratio

179.3x


Total Market Cap: Rp12.3tTotal Earnings: Rp68.4bTotal Revenue: Rp12.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Software Industry Price to Earnings3Y Average -554546.5x202420252026
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 365x which is higher than its 3-year average PE of -555kx.
  • The 3-year average PS ratio of 0.42x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Software industry have declined 40% per year over the last three years,
  • Revenues have also declined 27% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

ID Market-0.88%
Tech-2.08%
Software2.47%
Application Software2.56%
Systems Software-2.13%
Industry PE
  • Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio of 230x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Application Software industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
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
TFAS Telefast IndonesiaRp262.0013.9%
+Rp53.0b
162.0%PE1923.6x
DIVA Distribusi Voucher NusantaraRp179.0024.3%
+Rp49.0b
86.5%PE170.8x
IRSX Folago Global NusantaraRp620.000.8%
+Rp31.0b
2,196.3%PE182.6x
KIOS Kioson Komersial IndonesiaRp144.008.3%
+Rp11.8b
188.0%PS4.1x

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