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Indonesian (IDX) Software Industry Analysis

UpdatedApr 14, 2026
DataAggregated Company Financials
Companies7
  • 7D7.3%
  • 3M-19.6%
  • 1Y460.1%
  • YTD-32.9%

Over the last 7 days, the Software industry has risen 7.3%, driven by gains from Folago Global Nusantara of 24%. In the last 12 months, the industry was up 460%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 14 Apr 2026Rp3.9tRp4.9tRp54.2b106x72.6x0.8x
Thu, 12 Mar 2026Rp4.0tRp4.9tRp14.6b133.6x272.5x0.8x
Sat, 07 Feb 2026Rp4.3tRp4.9tRp14.6b147.2x294.9x0.9x
Mon, 05 Jan 2026Rp5.9tRp4.9tRp14.6b200.3x401.2x1.2x
Wed, 03 Dec 2025Rp3.5tRp5.1t-Rp9,849,393,334.00779.9x-356.7x0.7x
Fri, 31 Oct 2025Rp2.4tRp5.2t-Rp326,845.0024.4x-7192222.8x0.4x
Sun, 28 Sep 2025Rp2.8tRp5.2t-Rp326,845.0028.9x-8526134.3x0.5x
Tue, 26 Aug 2025Rp1.7tRp5.2t-Rp326,845.0032.7x-5166519x0.3x
Thu, 24 Jul 2025Rp1.2tRp5.8t-Rp90,015,610,999.0046.3x-13.5x0.2x
Sat, 21 Jun 2025Rp1.2tRp5.8t-Rp90,015,610,999.0041.2x-13x0.2x
Mon, 19 May 2025Rp1.2tRp5.8t-Rp82,674,978,144.0056.7x-14.8x0.2x
Wed, 16 Apr 2025Rp689.6bRp6.2t-Rp283,133,078,651.0048.9x-2.4x0.1x
Fri, 14 Mar 2025Rp737.2bRp6.4t-Rp837,503,632,115.0048.9x-0.9x0.1x
Sun, 09 Feb 2025Rp770.0bRp6.4t-Rp837,503,632,115.0048.9x-0.9x0.1x
Tue, 07 Jan 2025Rp854.0bRp6.2t-Rp836,622,789,478.0048.9x-1x0.1x
Thu, 05 Dec 2024Rp859.8bRp6.2t-Rp836,622,789,478.0048.9x-1x0.1x
Sat, 02 Nov 2024Rp764.7bRp6.2t-Rp1,096,142,106,818.0053x-0.7x0.1x
Mon, 30 Sep 2024Rp775.1bRp7.0t-Rp1,091,064,314,262.0053x-0.7x0.1x
Wed, 28 Aug 2024Rp739.0bRp7.0t-Rp1,091,064,314,262.0053x-0.7x0.1x
Fri, 26 Jul 2024Rp705.7bRp7.2t-Rp1,524,072,903,842.0073.6x-0.5x0.1x
Sun, 23 Jun 2024Rp634.9bRp7.2t-Rp1,524,072,903,842.0073.6x-0.4x0.09x
Tue, 21 May 2024Rp967.9bRp7.2t-Rp1,524,072,903,842.0073.6x-0.6x0.1x
Thu, 18 Apr 2024Rp1.1tRp7.8t-Rp1,315,959,867,376.0062.5x-0.8x0.1x
Sat, 16 Mar 2024Rp1.5tRp8.7t-Rp816,185,694,207.0062.5x-1.9x0.2x
Mon, 12 Feb 2024Rp2.8tRp11.7t-Rp795,208,318,429.0062.5x-3.6x0.2x
Wed, 10 Jan 2024Rp4.2tRp10.9t-Rp895,586,644,671.0048.6x-4.7x0.4x
Fri, 08 Dec 2023Rp4.4tRp11.6t-Rp899,054,151,154.0034.6x-4.9x0.4x
Sun, 05 Nov 2023Rp5.0tRp11.6t-Rp892,280,335,173.0021x-5.6x0.4x
Tue, 03 Oct 2023Rp7.6tRp11.9t-Rp607,723,409,812.0036.1x-12.4x0.6x
Thu, 31 Aug 2023Rp5.4tRp11.9t-Rp607,723,409,812.0046.8x-8.9x0.5x
Sat, 29 Jul 2023Rp9.0tRp12.2t-Rp41,443,319,459.0061.2x-217.6x0.7x
Mon, 26 Jun 2023Rp10.5tRp12.1t-Rp40,433,784,909.0064.5x-258.7x0.9x
Wed, 24 May 2023Rp12.2tRp12.8t-Rp44,535,844,110.0090.7x-274.2x1x
Fri, 21 Apr 2023Rp12.7tRp13.2tRp22.2b98.1x574.7x1x
Price to Earnings Ratio

574.7x


Total Market Cap: Rp12.7tTotal Earnings: Rp22.2bTotal Revenue: Rp13.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Software Industry Price to Earnings3Y Average -554544.5x202420252026
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 72.6x which is higher than its 3-year average PE of -555kx.
  • The industry is trading close to its 3-year average PS ratio of 0.41x.
Past Earnings Growth
  • The earnings for companies in the Software industry have grown 35% per year over the last three years.
  • Meanwhile revenues for these companies have declined 28% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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

ID Market9.75%
Tech1.96%
Software7.35%
Application Software7.54%
Systems Software-1.23%
Industry PE
  • Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio of 279x.
    • 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 NusantaraRp490.0023.7%
+Rp582.3b
1,784.6%PE120.2x
DIVA Distribusi Voucher NusantaraRp170.0025.9%
+Rp49.0b
129.7%PE5.1x
JATI Informasi Teknologi IndonesiaRp113.009.7%
+Rp32.6b
126.0%PE17.7x
KIOS Kioson Komersial IndonesiaRp117.0017.0%
+Rp18.3b
134.0%PE195x
HDIT Hensel Davest IndonesiaRp62.008.8%
+Rp7.6b
244.4%PS5.1x

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