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Indonesian (IDX) Software Industry Analysis

UpdatedMar 15, 2026
DataAggregated Company Financials
Companies7
  • 7D-11.1%
  • 3M-37.1%
  • 1Y391.2%
  • YTD-35.5%

Over the last 7 days, the Software industry has dropped 11%, driven by Folago Global Nusantara declining 14%. On the other hand Global Sukses Solusi is actually up 40%. This takes the industry's 12 month performance to a gain of 391%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 15 Mar 2026Rp3.8tRp4.9tRp14.6b126.9x258.7x0.8x
Tue, 10 Feb 2026Rp4.4tRp4.9tRp14.6b151.7x302.8x0.9x
Thu, 08 Jan 2026Rp5.6tRp4.9tRp14.6b191.4x386.5x1.1x
Sat, 06 Dec 2025Rp4.0tRp5.1t-Rp9,849,393,334.00731.5x-406.9x0.8x
Mon, 03 Nov 2025Rp2.4tRp5.2t-Rp326,845.0024.7x-7197123.7x0.4x
Wed, 01 Oct 2025Rp2.6tRp5.2t-Rp326,845.0027.1x-8051210.6x0.5x
Fri, 29 Aug 2025Rp1.7tRp5.2t-Rp326,845.0032.3x-5259254.3x0.3x
Sun, 27 Jul 2025Rp1.2tRp5.8t-Rp90,015,610,999.0046x-13.7x0.2x
Tue, 24 Jun 2025Rp1.1tRp5.8t-Rp90,015,610,999.0040.6x-11.8x0.2x
Thu, 22 May 2025Rp1.3tRp5.8t-Rp82,674,978,144.0056.7x-15.4x0.2x
Sat, 19 Apr 2025Rp699.1bRp6.2t-Rp281,393,831,771.0032.1x-2.5x0.1x
Mon, 17 Mar 2025Rp736.1bRp6.4t-Rp837,503,632,115.0048.9x-0.9x0.1x
Wed, 12 Feb 2025Rp752.0bRp6.4t-Rp837,503,632,115.0048.9x-0.9x0.1x
Fri, 10 Jan 2025Rp844.1bRp6.4t-Rp837,503,632,115.0048.9x-1x0.1x
Sun, 08 Dec 2024Rp918.6bRp6.2t-Rp836,622,789,478.0048.9x-1.1x0.1x
Tue, 05 Nov 2024Rp833.6bRp6.2t-Rp836,622,789,478.0048.9x-1x0.1x
Thu, 03 Oct 2024Rp777.5bRp7.0t-Rp1,091,064,314,262.0053x-0.7x0.1x
Sat, 31 Aug 2024Rp744.0bRp7.0t-Rp1,091,064,314,262.0053x-0.7x0.1x
Mon, 29 Jul 2024Rp687.9bRp7.2t-Rp1,524,072,903,842.0073.6x-0.5x0.1x
Wed, 26 Jun 2024Rp670.6bRp7.2t-Rp1,524,072,903,842.0073.6x-0.4x0.09x
Fri, 24 May 2024Rp902.3bRp7.2t-Rp1,524,072,903,842.0073.6x-0.6x0.1x
Sun, 21 Apr 2024Rp1.0tRp7.7t-Rp1,322,279,331,354.00207.4x-0.8x0.1x
Tue, 19 Mar 2024Rp1.5tRp8.7t-Rp816,185,694,207.0062.5x-1.9x0.2x
Thu, 15 Feb 2024Rp1.7tRp8.7t-Rp814,151,920,723.0062.5x-2.1x0.2x
Sat, 13 Jan 2024Rp4.0tRp10.9t-Rp895,586,644,671.0048.6x-4.5x0.4x
Mon, 11 Dec 2023Rp4.3tRp10.9t-Rp895,736,434,740.0034.6x-4.8x0.4x
Wed, 08 Nov 2023Rp4.9tRp11.6t-Rp892,280,335,173.0020.4x-5.5x0.4x
Fri, 06 Oct 2023Rp7.6tRp11.9t-Rp607,723,409,812.0036x-12.4x0.6x
Sun, 03 Sep 2023Rp4.9tRp11.9t-Rp607,723,409,812.0047.7x-8.1x0.4x
Tue, 01 Aug 2023Rp8.8tRp12.2t-Rp41,443,319,459.0060.9x-212.9x0.7x
Thu, 29 Jun 2023Rp10.9tRp12.1t-Rp40,433,784,909.0061.1x-269.4x0.9x
Sat, 27 May 2023Rp11.9tRp12.8t-Rp44,535,844,110.0088.2x-267.5x0.9x
Mon, 24 Apr 2023Rp12.7tRp13.2tRp22.2b98.1x574.7x1x
Wed, 22 Mar 2023Rp12.7tRp12.7tRp68.4b31.6x185.5x1x
Price to Earnings Ratio

185.5x


Total Market Cap: Rp12.7tTotal Earnings: Rp68.4bTotal Revenue: Rp12.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Software Industry Price to Earnings3Y Average -554544.7x202420252026
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 259x which is higher than its 3-year average PE of -555kx.
  • The industry is trading close to its 3-year average PS ratio of 0.42x.
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-7.00%
Tech-4.14%
Software-11.12%
Systems Software40.23%
Application Software-12.17%
Industry PE
  • Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio of 247x.
    • 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
RUNS Global Sukses SolusiRp122.0040.2%
+Rp34.3b
144.0%PE1548.9x
JATI Informasi Teknologi IndonesiaRp102.002.0%
+Rp6.5b
104.0%PE16.8x

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