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Indonesian (IDX) Application Software Industry Analysis
UpdatedFeb 28, 2026
DataAggregated Company Financials
Companies6
- 7D2.6%
- 3M28.3%
- 1Y620.2%
- YTDn/a
Over the last 7 days, the Application Software industry has risen 3.4%, driven by gains from Distribusi Voucher Nusantara of 43%. During this same period, the Hensel Davest Indonesia underperformed, falling 8.6%. In the last 12 months, the industry was up 583%.
Industry Valuation and Performance
Has the Indonesian Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 28 Feb 2026 | Rp5.2t | Rp4.9t | Rp14.5b | 176.7x | 355x | 1.1x |
| Mon, 26 Jan 2026 | Rp5.8t | Rp4.9t | Rp14.5b | 183.5x | 400.1x | 1.2x |
| Wed, 24 Dec 2025 | Rp5.8t | Rp4.9t | Rp14.5b | 182.7x | 398.8x | 1.2x |
| Fri, 21 Nov 2025 | Rp2.8t | Rp5.0t | -Rp9,926,650,351.00 | 181.3x | -277.8x | 0.5x |
| Sun, 19 Oct 2025 | Rp2.4t | Rp5.2t | -Rp77,583,862.00 | 17.1x | -31439.8x | 0.5x |
| Tue, 16 Sep 2025 | Rp2.0t | Rp5.2t | -Rp77,583,862.00 | 18.7x | -25910.1x | 0.4x |
| Thu, 14 Aug 2025 | Rp1.5t | Rp5.2t | -Rp77,583,862.00 | 18.7x | -19733.3x | 0.3x |
| Sat, 12 Jul 2025 | Rp1.2t | Rp5.8t | -Rp86,820,669,010.00 | 52x | -13.6x | 0.2x |
| Mon, 09 Jun 2025 | Rp969.8b | Rp5.8t | -Rp86,820,669,010.00 | 34x | -11.2x | 0.2x |
| Wed, 07 May 2025 | Rp935.0b | Rp6.1t | -Rp271,901,904,198.00 | 77.7x | -3.4x | 0.2x |
| Fri, 04 Apr 2025 | Rp655.0b | Rp6.4t | -Rp812,629,385,162.00 | 48.9x | -0.8x | 0.1x |
| Sun, 02 Mar 2025 | Rp684.0b | Rp6.4t | -Rp831,783,540,221.00 | 48.9x | -0.8x | 0.1x |
| Tue, 28 Jan 2025 | Rp750.7b | Rp6.4t | -Rp831,783,540,221.00 | 48.9x | -0.9x | 0.1x |
| Thu, 26 Dec 2024 | Rp749.1b | Rp6.2t | -Rp830,902,697,584.00 | 48.9x | -0.9x | 0.1x |
| Sat, 23 Nov 2024 | Rp729.0b | Rp6.2t | -Rp830,902,697,584.00 | 48.9x | -0.9x | 0.1x |
| Mon, 21 Oct 2024 | Rp701.2b | Rp7.0t | -Rp1,085,344,222,368.00 | 53x | -0.6x | 0.1x |
| Wed, 18 Sep 2024 | Rp848.3b | Rp7.0t | -Rp1,085,344,222,368.00 | 53x | -0.8x | 0.1x |
| Fri, 16 Aug 2024 | Rp648.2b | Rp7.0t | -Rp1,085,344,222,368.00 | 53x | -0.6x | 0.09x |
| Sun, 14 Jul 2024 | Rp603.4b | Rp7.2t | -Rp1,517,220,994,420.00 | 73.6x | -0.4x | 0.08x |
| Tue, 11 Jun 2024 | Rp697.4b | Rp7.2t | -Rp1,517,220,994,420.00 | 73.6x | -0.5x | 0.1x |
| Thu, 09 May 2024 | Rp842.3b | Rp7.3t | -Rp1,494,800,624,040.00 | 60.8x | -0.6x | 0.1x |
| Sat, 06 Apr 2024 | Rp1.1t | Rp7.8t | -Rp1,312,527,123,860.00 | 62.5x | -0.8x | 0.1x |
| Mon, 04 Mar 2024 | Rp1.6t | Rp8.7t | -Rp810,719,177,207.00 | 62.5x | -2x | 0.2x |
| Wed, 31 Jan 2024 | Rp3.8t | Rp10.9t | -Rp892,153,901,155.00 | 48.6x | -4.2x | 0.3x |
| Fri, 29 Dec 2023 | Rp4.0t | Rp10.8t | -Rp890,769,538,195.00 | 40.5x | -4.5x | 0.4x |
| Sun, 26 Nov 2023 | Rp4.6t | Rp11.6t | -Rp888,847,591,657.00 | 19.7x | -5.1x | 0.4x |
| Tue, 24 Oct 2023 | Rp6.9t | Rp11.8t | -Rp608,007,764,132.00 | 34.6x | -11.3x | 0.6x |
| Thu, 21 Sep 2023 | Rp6.9t | Rp11.9t | -Rp604,290,666,296.00 | 36.3x | -11.3x | 0.6x |
| Sat, 19 Aug 2023 | Rp6.0t | Rp11.9t | -Rp604,290,666,296.00 | 52x | -10x | 0.5x |
| Mon, 17 Jul 2023 | Rp9.8t | Rp12.1t | -Rp43,198,259,481.00 | 87.5x | -227.9x | 0.8x |
| Wed, 14 Jun 2023 | Rp13.2t | Rp12.1t | -Rp42,188,724,931.00 | 97.2x | -311.8x | 1.1x |
| Fri, 12 May 2023 | Rp14.3t | Rp13.6t | Rp45.0b | 159.2x | 318.5x | 1.1x |
| Sun, 09 Apr 2023 | Rp13.4t | Rp12.9t | Rp63.8b | 108.4x | 209.3x | 1x |
| Tue, 07 Mar 2023 | Rp12.1t | Rp12.7t | Rp74.8b | 35.1x | 162.1x | 1x |
Price to Earnings Ratio
162.1x
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 356x 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 | -0.88% | |
| Tech | -2.08% | |
| Software | 2.47% | |
| Application Software | 2.56% | |
| Systems Software | -2.13% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TFAS Telefast Indonesia | Rp262.00 | 13.9% +Rp53.0b | 162.0% | PE1923.6x | |
| DIVA Distribusi Voucher Nusantara | Rp179.00 | 24.3% +Rp49.0b | 86.5% | PE170.8x | |
| IRSX Folago Global Nusantara | Rp620.00 | 0.8% +Rp31.0b | 2,196.3% | PE182.6x | |
| KIOS Kioson Komersial Indonesia | Rp144.00 | 8.3% +Rp11.8b | 188.0% | PS4.1x |