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Indonesian (IDX) Software Industry Analysis

UpdatedDec 13, 2025
DataAggregated Company Financials
Companies7
  • 7D30.9%
  • 3M171.2%
  • 1Y524.4%
  • YTD586.1%

Over the last 7 days, the Software industry has risen 31%, driven by gains from Folago Global Nusantara of 41%. In the last 12 months, the industry was up 524%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Dec 2025Rp6.0tRp4.9tRp14.6b203.2x411.4x1.2x
Mon, 10 Nov 2025Rp2.3tRp5.1t-Rp9,849,393,361.00739.6x-236.2x0.5x
Wed, 08 Oct 2025Rp2.8tRp5.2t-Rp326,845.0027.1x-8584407.3x0.5x
Fri, 05 Sep 2025Rp1.7tRp5.2t-Rp326,845.0031.2x-5310766.4x0.3x
Sun, 03 Aug 2025Rp1.4tRp5.8t-Rp90,015,610,999.0046.3x-15.3x0.2x
Tue, 01 Jul 2025Rp1.2tRp5.8t-Rp90,015,610,999.0049.1x-13.1x0.2x
Thu, 29 May 2025Rp1.2tRp5.8t-Rp90,015,610,999.0051x-13.2x0.2x
Sat, 26 Apr 2025Rp702.5bRp6.1t-Rp278,410,010,383.0032.1x-2.5x0.1x
Mon, 24 Mar 2025Rp682.0bRp6.4t-Rp837,503,632,115.0048.9x-0.8x0.1x
Wed, 19 Feb 2025Rp753.6bRp6.4t-Rp837,503,632,115.0048.9x-0.9x0.1x
Fri, 17 Jan 2025Rp891.5bRp6.4t-Rp837,503,632,115.0048.9x-1.1x0.1x
Sun, 15 Dec 2024Rp912.2bRp6.2t-Rp836,622,789,478.0048.9x-1.1x0.1x
Tue, 12 Nov 2024Rp762.8bRp6.2t-Rp836,622,789,478.0048.9x-0.9x0.1x
Thu, 10 Oct 2024Rp737.4bRp7.0t-Rp1,091,064,314,262.0053x-0.7x0.1x
Sat, 07 Sep 2024Rp724.8bRp7.0t-Rp1,091,064,314,262.0053x-0.7x0.1x
Mon, 05 Aug 2024Rp678.9bRp7.0t-Rp1,092,196,131,790.0053x-0.6x0.1x
Wed, 03 Jul 2024Rp641.7bRp7.2t-Rp1,524,072,903,842.0073.6x-0.4x0.09x
Fri, 31 May 2024Rp877.0bRp7.2t-Rp1,524,072,903,842.0073.6x-0.6x0.1x
Sun, 28 Apr 2024Rp1.0tRp7.7t-Rp1,322,279,331,354.00195.3x-0.8x0.1x
Tue, 26 Mar 2024Rp1.4tRp8.7t-Rp816,185,694,207.0062.5x-1.7x0.2x
Thu, 22 Feb 2024Rp1.8tRp8.7t-Rp814,151,920,723.0062.5x-2.2x0.2x
Sat, 20 Jan 2024Rp4.1tRp10.9t-Rp895,586,644,671.0048.6x-4.5x0.4x
Mon, 18 Dec 2023Rp4.2tRp10.9t-Rp894,202,281,711.0041x-4.7x0.4x
Wed, 15 Nov 2023Rp4.6tRp11.6t-Rp892,280,335,173.0019.7x-5.1x0.4x
Fri, 13 Oct 2023Rp7.8tRp11.8t-Rp611,440,507,648.0036.1x-12.7x0.7x
Sun, 10 Sep 2023Rp6.2tRp11.9t-Rp607,723,409,812.0034.3x-10.2x0.5x
Tue, 08 Aug 2023Rp7.8tRp11.9t-Rp589,797,704,200.0037.4x-13.1x0.6x
Thu, 06 Jul 2023Rp10.7tRp12.1t-Rp40,433,784,909.0060x-263.5x0.9x
Sat, 03 Jun 2023Rp11.6tRp12.8t-Rp44,535,844,110.0086.8x-259.8x0.9x
Mon, 01 May 2023Rp13.5tRp13.1tRp21.1b124.1x639.6x1x
Wed, 29 Mar 2023Rp15.5tRp12.7tRp76.6b41.7x202.2x1.2x
Fri, 24 Feb 2023Rp13.0tRp12.7tRp68.4b36.7x190.4x1x
Sun, 22 Jan 2023Rp12.7tRp12.7tRp67.9b35x187.2x1x
Tue, 20 Dec 2022Rp14.4tRp12.7tRp67.9b42.6x211.8x1.1x
Price to Earnings Ratio

211.8x


Total Market Cap: Rp14.4tTotal Earnings: Rp67.9bTotal Revenue: Rp12.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Software Industry Price to Earnings3Y Average -554558.1x202320242025
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 411x 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-0.058%
Tech0.52%
Software30.85%
Application Software31.69%
Systems Software-6.86%
Industry PE
  • Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio of 145x.
    • 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
IRSX Folago Global NusantaraRp690.0040.8%
+Rp1.8t
1,542.9%PE203.2x
KIOS Kioson Komersial IndonesiaRp266.00171.4%
+Rp180.7b
432.0%PS7.5x
DIVA Distribusi Voucher NusantaraRp187.006.3%
+Rp15.4b
33.6%PE178.5x
TFAS Telefast IndonesiaRp304.002.0%
+Rp9.9b
153.3%PE2232x

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