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Indonesian (IDX) Application Software Industry Analysis

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies6
  • 7D3.4%
  • 3M28.7%
  • 1Y582.9%
  • YTDn/a

Over the last 7 days, the Application Software industry has risen 5.6%, driven by gains from Distribusi Voucher Nusantara of 43%. Meanwhile, Hensel Davest Indonesia actually underperformed within the industry, shrinking 8.6% in the last week. This takes the industry's 12 month performance to a gain of 593%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Feb 2026Rp5.2tRp4.9tRp14.5b189.8x356.3x1.1x
Sun, 25 Jan 2026Rp5.8tRp4.9tRp14.5b183.5x400.1x1.2x
Tue, 23 Dec 2025Rp5.8tRp4.9tRp14.5b181.3x399.9x1.2x
Thu, 20 Nov 2025Rp2.6tRp5.0t-Rp9,926,650,351.00180.4x-262.8x0.5x
Sat, 18 Oct 2025Rp2.5tRp5.2t-Rp77,583,862.0017.1x-32176.7x0.5x
Mon, 15 Sep 2025Rp1.9tRp5.2t-Rp77,583,862.0018.2x-24613.2x0.4x
Wed, 13 Aug 2025Rp1.5tRp5.2t-Rp77,583,862.0018.8x-19750x0.3x
Fri, 11 Jul 2025Rp1.2tRp5.8t-Rp86,820,669,010.0052x-13.6x0.2x
Sun, 08 Jun 2025Rp969.8bRp5.8t-Rp86,820,669,010.0034x-11.2x0.2x
Tue, 06 May 2025Rp839.1bRp6.1t-Rp271,617,818,200.0057.8x-3.1x0.1x
Thu, 03 Apr 2025Rp655.0bRp6.4t-Rp812,629,385,162.0048.9x-0.8x0.1x
Sat, 01 Mar 2025Rp684.0bRp6.4t-Rp831,783,540,221.0048.9x-0.8x0.1x
Mon, 27 Jan 2025Rp750.7bRp6.4t-Rp831,783,540,221.0048.9x-0.9x0.1x
Wed, 25 Dec 2024Rp749.1bRp6.2t-Rp830,902,697,584.0048.9x-0.9x0.1x
Fri, 22 Nov 2024Rp700.2bRp6.2t-Rp830,902,697,584.0048.9x-0.8x0.1x
Sun, 20 Oct 2024Rp701.2bRp7.0t-Rp1,085,344,222,368.0053x-0.6x0.1x
Tue, 17 Sep 2024Rp758.9bRp7.0t-Rp1,085,344,222,368.0053x-0.7x0.1x
Thu, 15 Aug 2024Rp627.2bRp7.0t-Rp1,085,344,222,368.0053x-0.6x0.09x
Sat, 13 Jul 2024Rp608.5bRp7.2t-Rp1,517,220,994,420.0073.6x-0.4x0.08x
Mon, 10 Jun 2024Rp697.4bRp7.2t-Rp1,517,220,994,420.0073.6x-0.5x0.1x
Wed, 08 May 2024Rp864.7bRp7.3t-Rp1,494,800,624,040.0060.8x-0.6x0.1x
Fri, 05 Apr 2024Rp1.1tRp7.8t-Rp1,312,527,123,860.0062.5x-0.8x0.1x
Sun, 03 Mar 2024Rp1.6tRp8.7t-Rp810,719,177,207.0062.5x-2x0.2x
Tue, 30 Jan 2024Rp3.7tRp10.9t-Rp892,153,901,155.0048.6x-4.2x0.3x
Thu, 28 Dec 2023Rp4.0tRp10.8t-Rp890,769,538,195.0040.5x-4.5x0.4x
Sat, 25 Nov 2023Rp4.6tRp11.6t-Rp888,847,591,657.0019.7x-5.2x0.4x
Mon, 23 Oct 2023Rp7.1tRp11.8t-Rp608,007,764,132.0035.3x-11.7x0.6x
Wed, 20 Sep 2023Rp6.9tRp11.9t-Rp604,290,666,296.0035.9x-11.3x0.6x
Fri, 18 Aug 2023Rp6.0tRp11.9t-Rp604,290,666,296.0051.2x-10x0.5x
Sun, 16 Jul 2023Rp9.8tRp12.1t-Rp43,198,259,481.0087.5x-227.9x0.8x
Tue, 13 Jun 2023Rp13.1tRp12.1t-Rp42,188,724,931.0098.4x-309.5x1.1x
Thu, 11 May 2023Rp13.9tRp13.6tRp45.0b160.7x308.1x1x
Sat, 08 Apr 2023Rp13.4tRp12.9tRp63.8b108.4x209.3x1x
Mon, 06 Mar 2023Rp12.5tRp12.7tRp74.8b35.4x167x1x
Price to Earnings Ratio

167x


Total Market Cap: Rp12.5tTotal Earnings: Rp74.8bTotal Revenue: Rp12.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Application Software Industry Price to Earnings3Y Average -2218.5x202420252026
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 361x which is higher than its 3-year average PE of -2kx.
  • The 3-year average PS ratio of 0.41x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Application 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 Comparison

How does Indonesian Application Software compare with similar industries?

ID Market-1.38%
Tech-1.10%
Software3.24%
Application Software3.42%
Systems Software-6.19%
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
DIVA Distribusi Voucher NusantaraRp208.0043.4%
+Rp88.2b
92.6%PE198.5x
TFAS Telefast IndonesiaRp262.0015.9%
+Rp59.6b
154.4%PE1923.6x
IRSX Folago Global NusantaraRp615.000.8%
+Rp31.0b
1,950.0%PE181.1x
KIOS Kioson Komersial IndonesiaRp140.002.2%
+Rp3.2b
180.0%PS3.9x

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