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Indonesian (IDX) Software Industry Analysis

UpdatedJan 22, 2026
DataAggregated Company Financials
Companies7
  • 7D19.5%
  • 3M121.0%
  • 1Y610.5%
  • YTD5.1%

In the last week, the Software industry is up 26%, with Folago Global Nusantara up 26%. This takes the industry's 12 month performance to a gain of 592%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 22 Jan 2026Rp6.2tRp4.9tRp14.6b215x421.6x1.3x
Sat, 20 Dec 2025Rp5.9tRp4.9tRp14.6b203.2x404.8x1.2x
Mon, 17 Nov 2025Rp2.6tRp5.1t-Rp9,849,393,334.00720.1x-262.5x0.5x
Wed, 15 Oct 2025Rp2.9tRp5.2t-Rp326,845.0025.3x-8986149.6x0.6x
Fri, 12 Sep 2025Rp2.0tRp5.2t-Rp326,845.0029.6x-5994793.9x0.4x
Sun, 10 Aug 2025Rp1.6tRp5.2t-Rp326,845.0031.6x-4840001.6x0.3x
Tue, 08 Jul 2025Rp1.1tRp5.8t-Rp90,015,610,999.0045.7x-12.6x0.2x
Thu, 05 Jun 2025Rp1.1tRp5.8t-Rp90,015,610,999.0037.5x-11.7x0.2x
Sat, 03 May 2025Rp728.1bRp6.1t-Rp278,410,010,383.0043x-2.6x0.1x
Mon, 31 Mar 2025Rp706.0bRp6.4t-Rp837,503,632,115.0048.9x-0.8x0.1x
Wed, 26 Feb 2025Rp793.1bRp6.4t-Rp837,503,632,115.0048.9x-0.9x0.1x
Fri, 24 Jan 2025Rp821.0bRp6.4t-Rp837,503,632,115.0048.9x-1x0.1x
Sun, 22 Dec 2024Rp805.7bRp6.2t-Rp836,622,789,478.0048.9x-1x0.1x
Tue, 19 Nov 2024Rp745.4bRp6.2t-Rp836,622,789,478.0048.9x-0.9x0.1x
Thu, 17 Oct 2024Rp750.7bRp7.0t-Rp1,091,064,314,262.0053x-0.7x0.1x
Sat, 14 Sep 2024Rp771.0bRp7.0t-Rp1,091,064,314,262.0053x-0.7x0.1x
Mon, 12 Aug 2024Rp695.0bRp7.0t-Rp1,092,196,131,790.0053x-0.6x0.1x
Wed, 10 Jul 2024Rp660.1bRp7.2t-Rp1,524,072,903,842.0073.6x-0.4x0.09x
Fri, 07 Jun 2024Rp782.8bRp7.2t-Rp1,524,072,903,842.0073.6x-0.5x0.1x
Sun, 05 May 2024Rp928.7bRp7.7t-Rp1,496,997,432,538.0060.8x-0.6x0.1x
Tue, 02 Apr 2024Rp1.2tRp8.1t-Rp838,435,271,103.0062.5x-1.5x0.2x
Thu, 29 Feb 2024Rp1.7tRp8.7t-Rp814,151,920,723.0062.5x-2x0.2x
Sat, 27 Jan 2024Rp3.8tRp10.9t-Rp895,586,644,671.0048.6x-4.3x0.3x
Mon, 25 Dec 2023Rp4.1tRp10.9t-Rp894,202,281,711.0040.5x-4.5x0.4x
Wed, 22 Nov 2023Rp4.6tRp11.6t-Rp892,280,335,173.0019.7x-5.2x0.4x
Fri, 20 Oct 2023Rp7.3tRp11.8t-Rp611,440,507,648.0035.6x-12x0.6x
Sun, 17 Sep 2023Rp7.3tRp11.9t-Rp607,723,409,812.0035.4x-12x0.6x
Tue, 15 Aug 2023Rp6.4tRp11.9t-Rp608,062,994,264.0053.3x-10.6x0.5x
Thu, 13 Jul 2023Rp10.1tRp12.2t-Rp41,443,319,459.0062.7x-244.5x0.8x
Sat, 10 Jun 2023Rp11.8tRp12.1t-Rp40,433,784,909.0085.3x-292.9x1x
Mon, 08 May 2023Rp13.9tRp13.6tRp46.7b108.8x297.4x1x
Wed, 05 Apr 2023Rp15.0tRp12.7tRp76.6b41.7x196.4x1.2x
Fri, 03 Mar 2023Rp13.0tRp12.7tRp68.4b35.6x190.2x1x
Sun, 29 Jan 2023Rp12.8tRp12.7tRp67.9b36x188.3x1x
Price to Earnings Ratio

188.3x


Total Market Cap: Rp12.8tTotal Earnings: Rp67.9bTotal Revenue: Rp12.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Software Industry Price to Earnings3Y Average -554551.5x202420252026
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 421x 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 1.2x.
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-0.091%
Tech3.61%
Software19.48%
Application Software19.77%
Systems Software4.08%
Industry PE
  • Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio of 189x.
    • 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
HDIT Hensel Davest IndonesiaRp90.0016.9%
+Rp19.8b
221.4%PS3.9x
JATI Informasi Teknologi IndonesiaRp133.003.9%
+Rp16.3b
166.0%PE21.9x
TFAS Telefast IndonesiaRp272.003.0%
+Rp13.3b
159.0%PE1997x

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