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Indonesian (IDX) Application Software Industry Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies6
  • 7D4.6%
  • 3M-32.8%
  • 1Y497.5%
  • YTDn/a

Over the last 7 days, the Application Software industry has risen 4.6%, driven by gains in Folago Global Nusantara and Distribusi Voucher Nusantara of 3.4% and 43%, respectively. During this same period, the Telefast Indonesia underperformed, falling 6.3%. In the last 12 months, the industry was up 497%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026Rp3.8tRp4.9tRp54.1b60.5x70.4x0.8x
Tue, 10 Mar 2026Rp3.9tRp4.9tRp14.5b131.2x267.3x0.8x
Thu, 05 Feb 2026Rp4.7tRp4.9tRp14.5b152x323.4x1x
Sat, 03 Jan 2026Rp5.8tRp4.9tRp14.5b182.2x397.2x1.2x
Mon, 01 Dec 2025Rp3.5tRp5.0t-Rp9,926,650,351.00165.1x-352.6x0.7x
Wed, 29 Oct 2025Rp2.3tRp5.2t-Rp77,583,862.0018x-29429.8x0.4x
Fri, 26 Sep 2025Rp2.6tRp5.2t-Rp77,583,862.0016.6x-34052.1x0.5x
Sun, 24 Aug 2025Rp1.6tRp5.2t-Rp77,583,862.0019.4x-20657.4x0.3x
Tue, 22 Jul 2025Rp1.2tRp5.8t-Rp86,820,669,010.0048.8x-13.4x0.2x
Thu, 19 Jun 2025Rp1.2tRp5.8t-Rp86,820,669,010.0052.3x-13.5x0.2x
Sat, 17 May 2025Rp1.2tRp5.8t-Rp79,480,036,155.0056.7x-14.6x0.2x
Mon, 14 Apr 2025Rp610.7bRp6.1t-Rp279,938,136,662.0048.9x-2.2x0.1x
Wed, 12 Mar 2025Rp670.0bRp6.4t-Rp831,783,540,221.0048.9x-0.8x0.1x
Fri, 07 Feb 2025Rp734.2bRp6.4t-Rp831,783,540,221.0048.9x-0.9x0.1x
Sun, 05 Jan 2025Rp790.9bRp6.2t-Rp830,902,697,584.0048.9x-1x0.1x
Tue, 03 Dec 2024Rp780.4bRp6.2t-Rp830,902,697,584.0048.9x-0.9x0.1x
Thu, 31 Oct 2024Rp683.6bRp7.0t-Rp1,085,344,222,368.0053x-0.6x0.1x
Sat, 28 Sep 2024Rp709.6bRp7.0t-Rp1,085,344,222,368.0053x-0.7x0.1x
Mon, 26 Aug 2024Rp676.1bRp7.0t-Rp1,085,344,222,368.0053x-0.6x0.1x
Wed, 24 Jul 2024Rp696.2bRp7.2t-Rp1,517,220,994,420.0073.6x-0.5x0.1x
Fri, 21 Jun 2024Rp595.4bRp7.2t-Rp1,517,220,994,420.0073.6x-0.4x0.08x
Sun, 19 May 2024Rp834.8bRp7.2t-Rp1,517,220,994,420.0073.6x-0.6x0.1x
Tue, 16 Apr 2024Rp1.1tRp7.8t-Rp1,312,527,123,860.0062.5x-0.8x0.1x
Thu, 14 Mar 2024Rp1.5tRp8.7t-Rp812,752,950,691.0062.5x-1.9x0.2x
Sat, 10 Feb 2024Rp2.8tRp11.6t-Rp791,775,574,913.0062.5x-3.5x0.2x
Mon, 08 Jan 2024Rp4.4tRp10.9t-Rp892,153,901,155.0048.6x-4.9x0.4x
Wed, 06 Dec 2023Rp4.4tRp11.6t-Rp888,847,591,657.0019.7x-5x0.4x
Fri, 03 Nov 2023Rp5.1tRp11.6t-Rp888,847,591,657.0020.7x-5.8x0.4x
Sun, 01 Oct 2023Rp8.0tRp11.9t-Rp604,290,666,296.0036.1x-13.3x0.7x
Tue, 29 Aug 2023Rp5.7tRp11.9t-Rp604,290,666,296.0047.5x-9.4x0.5x
Thu, 27 Jul 2023Rp9.2tRp12.1t-Rp43,198,259,481.0086.3x-212.9x0.8x
Sat, 24 Jun 2023Rp10.6tRp12.1t-Rp42,188,724,931.0083.8x-252.3x0.9x
Mon, 22 May 2023Rp11.9tRp12.8t-Rp46,290,784,132.0099.6x-257.6x0.9x
Wed, 19 Apr 2023Rp12.6tRp13.1tRp20.4b114.2x616.7x1x
Price to Earnings Ratio

616.7x


Total Market Cap: Rp12.6tTotal Earnings: Rp20.4bTotal Revenue: Rp13.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Application Software Industry Price to Earnings3Y Average -2216.1x202420252026
Current Industry PE
  • Investors are optimistic on the Indonesian Application Software industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 70.4x which is higher than its 3-year average PE of -2kx.
  • The industry is trading close to its 3-year average PS ratio of 0.40x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 38% 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 Comparison

How does Indonesian Application Software compare with similar industries?

ID Market7.52%
Tech2.00%
Software4.44%
Application Software4.59%
Systems Software-2.47%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
IRSX Folago Global NusantaraRp424.003.4%
+Rp86.7b
1,827.3%PE104x
DIVA Distribusi Voucher NusantaraRp191.0042.5%
+Rp79.8b
161.6%PE5.8x
KIOS Kioson Komersial IndonesiaRp114.009.6%
+Rp10.8b
128.0%PE190x
JATI Informasi Teknologi IndonesiaRp108.002.9%
+Rp9.8b
116.0%PE16.9x
HDIT Hensel Davest IndonesiaRp58.003.6%
+Rp3.0b
222.2%PS4.8x

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