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Indonesian (IDX) Software Industry Analysis

UpdatedMar 18, 2026
DataAggregated Company Financials
Companies7
  • 7D-5.0%
  • 3M-37.1%
  • 1Y412.3%
  • YTD-35.4%

Over the last 7 days, the Software industry has dropped 11%, driven by Folago Global Nusantara declining 4.5%. Meanwhile, Global Sukses Solusi actually outperformed within the industry, gaining 21% in the last week. Over the past 12 months, the industry was up 391%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Mar 2026Rp3.8tRp4.9tRp14.6b126x259.2x0.8x
Fri, 13 Feb 2026Rp5.0tRp4.9tRp14.6b175.2x340.4x1x
Sun, 11 Jan 2026Rp5.8tRp4.9tRp14.6b198.8x393.9x1.2x
Tue, 09 Dec 2025Rp4.2tRp5.1t-Rp9,849,393,334.00737.7x-424.8x0.8x
Thu, 06 Nov 2025Rp2.4tRp5.1t-Rp9,849,393,361.00719.6x-239.7x0.5x
Sat, 04 Oct 2025Rp2.8tRp5.2t-Rp326,845.0027.6x-8709247.5x0.5x
Mon, 01 Sep 2025Rp1.7tRp5.2t-Rp326,845.0031x-5145843.5x0.3x
Wed, 30 Jul 2025Rp1.3tRp5.8t-Rp90,015,610,999.0046x-14.2x0.2x
Fri, 27 Jun 2025Rp1.2tRp5.8t-Rp90,015,610,999.0051.3x-13.1x0.2x
Sun, 25 May 2025Rp1.2tRp5.8t-Rp82,674,978,144.0056.7x-14.9x0.2x
Tue, 22 Apr 2025Rp692.3bRp6.1t-Rp278,410,010,383.0032.1x-2.5x0.1x
Thu, 20 Mar 2025Rp692.1bRp6.4t-Rp837,503,632,115.0048.9x-0.8x0.1x
Sat, 15 Feb 2025Rp731.9bRp6.4t-Rp837,503,632,115.0048.9x-0.9x0.1x
Mon, 13 Jan 2025Rp866.2bRp6.4t-Rp837,503,632,115.0048.9x-1x0.1x
Wed, 11 Dec 2024Rp877.1bRp6.2t-Rp836,622,789,478.0048.9x-1x0.1x
Fri, 08 Nov 2024Rp780.8bRp6.2t-Rp836,622,789,478.0048.9x-0.9x0.1x
Sun, 06 Oct 2024Rp756.9bRp7.0t-Rp1,091,064,314,262.0053x-0.7x0.1x
Tue, 03 Sep 2024Rp735.5bRp7.0t-Rp1,091,064,314,262.0053x-0.7x0.1x
Thu, 01 Aug 2024Rp673.2bRp7.4t-Rp1,528,389,882,656.0073.6x-0.4x0.09x
Sat, 29 Jun 2024Rp644.2bRp7.2t-Rp1,524,072,903,842.0073.6x-0.4x0.09x
Mon, 27 May 2024Rp902.3bRp7.2t-Rp1,524,072,903,842.0073.6x-0.6x0.1x
Wed, 24 Apr 2024Rp1.0tRp7.7t-Rp1,322,279,331,354.00201.8x-0.8x0.1x
Fri, 22 Mar 2024Rp1.4tRp8.7t-Rp816,185,694,207.0062.5x-1.8x0.2x
Sun, 18 Feb 2024Rp1.7tRp8.7t-Rp814,151,920,723.0062.5x-2.1x0.2x
Tue, 16 Jan 2024Rp3.9tRp10.9t-Rp895,586,644,671.0048.6x-4.3x0.4x
Thu, 14 Dec 2023Rp4.2tRp10.9t-Rp895,736,434,740.0034.6x-4.6x0.4x
Sat, 11 Nov 2023Rp4.7tRp11.6t-Rp892,280,335,173.0019.7x-5.3x0.4x
Mon, 09 Oct 2023Rp7.5tRp11.8t-Rp611,440,507,648.0036.3x-12.2x0.6x
Wed, 06 Sep 2023Rp4.8tRp11.9t-Rp607,723,409,812.0033.7x-7.9x0.4x
Fri, 04 Aug 2023Rp7.7tRp12.2t-Rp41,552,214,233.0060.3x-186.1x0.6x
Sun, 02 Jul 2023Rp10.9tRp12.1t-Rp40,433,784,909.0061.1x-269.4x0.9x
Tue, 30 May 2023Rp11.8tRp12.8t-Rp44,535,844,110.0088.9x-264.5x0.9x
Thu, 27 Apr 2023Rp12.8tRp13.2tRp22.2b99.6x578.9x1x
Sat, 25 Mar 2023Rp13.3tRp12.7tRp76.6b41.7x174.2x1x
Price to Earnings Ratio

174.2x


Total Market Cap: Rp13.3tTotal Earnings: Rp76.6bTotal Revenue: Rp12.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Software Industry Price to Earnings3Y Average -554544.4x202420252026
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 42% 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-5.70%
Tech-0.62%
Software-4.98%
Systems Software20.65%
Application Software-5.57%
Industry PE
  • Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio of 250x.
    • 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 SolusiRp111.0020.7%
+Rp18.6b
122.0%PE1409.3x

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