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Indonesian (IDX) Application Software Industry Analysis

UpdatedJan 17, 2026
DataAggregated Company Financials
Companies6
  • 7D5.1%
  • 3M120.0%
  • 1Y608.4%
  • YTDn/a

Over the last 7 days, the Application Software industry has dropped 11%, driven by a pullback from Folago Global Nusantara of 11%. On the other hand Hensel Davest Indonesia is actually up 5.5%. In the past year, the industry has gained 433%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 18 Jan 2026Rp6.0tRp4.9tRp14.5b187.4x409.4x1.2x
Tue, 16 Dec 2025Rp5.9tRp4.9tRp14.5b190.8x406.3x1.2x
Thu, 13 Nov 2025Rp2.5tRp5.0t-Rp9,926,650,351.00188x-254.3x0.5x
Sat, 11 Oct 2025Rp3.0tRp5.2t-Rp77,583,862.0018.5x-38257.7x0.6x
Mon, 08 Sep 2025Rp1.6tRp5.2t-Rp77,583,862.0018.9x-20843.4x0.3x
Wed, 06 Aug 2025Rp1.4tRp5.8t-Rp86,820,669,010.0044.1x-16x0.2x
Fri, 04 Jul 2025Rp1.1tRp5.8t-Rp86,820,669,010.0045.7x-12.3x0.2x
Sun, 01 Jun 2025Rp1.1tRp5.8t-Rp86,820,669,010.0051x-13.1x0.2x
Tue, 29 Apr 2025Rp680.7bRp6.1t-Rp275,215,068,394.0032.1x-2.5x0.1x
Thu, 27 Mar 2025Rp627.1bRp6.4t-Rp831,783,540,221.0048.9x-0.8x0.1x
Sat, 22 Feb 2025Rp735.3bRp6.4t-Rp831,783,540,221.0048.9x-0.9x0.1x
Mon, 20 Jan 2025Rp797.0bRp6.4t-Rp831,783,540,221.0048.9x-1x0.1x
Wed, 18 Dec 2024Rp808.8bRp6.2t-Rp830,902,697,584.0048.9x-1x0.1x
Fri, 15 Nov 2024Rp671.4bRp6.2t-Rp830,902,697,584.0048.9x-0.8x0.1x
Sun, 13 Oct 2024Rp694.0bRp7.0t-Rp1,085,344,222,368.0053x-0.6x0.1x
Tue, 10 Sep 2024Rp689.0bRp7.0t-Rp1,085,344,222,368.0053x-0.6x0.1x
Thu, 08 Aug 2024Rp655.8bRp7.0t-Rp1,085,344,222,368.0053x-0.6x0.09x
Sat, 06 Jul 2024Rp589.8bRp7.2t-Rp1,517,220,994,420.0073.6x-0.4x0.08x
Mon, 03 Jun 2024Rp792.6bRp7.2t-Rp1,517,220,994,420.0073.6x-0.5x0.1x
Wed, 01 May 2024Rp919.5bRp7.7t-Rp1,318,846,587,838.00178.5x-0.7x0.1x
Fri, 29 Mar 2024Rp1.2tRp8.7t-Rp812,752,950,691.0062.5x-1.5x0.1x
Sun, 25 Feb 2024Rp1.6tRp8.7t-Rp810,719,177,207.0062.5x-2x0.2x
Tue, 23 Jan 2024Rp4.0tRp10.9t-Rp892,153,901,155.0048.6x-4.5x0.4x
Thu, 21 Dec 2023Rp4.1tRp10.8t-Rp890,769,538,195.0040.5x-4.6x0.4x
Sat, 18 Nov 2023Rp4.6tRp11.6t-Rp888,847,591,657.0019.7x-5.2x0.4x
Mon, 16 Oct 2023Rp7.7tRp11.8t-Rp608,007,764,132.0035.7x-12.7x0.7x
Wed, 13 Sep 2023Rp6.9tRp11.9t-Rp604,290,666,296.0034.6x-11.4x0.6x
Fri, 11 Aug 2023Rp7.1tRp11.9t-Rp591,552,644,222.0051.2x-11.9x0.6x
Sun, 09 Jul 2023Rp10.1tRp12.1t-Rp43,198,259,481.0085x-233.9x0.8x
Tue, 06 Jun 2023Rp11.4tRp12.1t-Rp42,188,724,931.0093.5x-271.1x0.9x
Thu, 04 May 2023Rp13.1tRp13.1tRp19.4b150x675x1x
Sat, 01 Apr 2023Rp16.1tRp12.7tRp74.8b34.1x215.6x1.3x
Mon, 27 Feb 2023Rp13.0tRp12.7tRp74.8b36.4x174.2x1x
Wed, 25 Jan 2023Rp12.5tRp12.7tRp74.3b36.7x168.6x1x
Price to Earnings Ratio

168.6x


Total Market Cap: Rp12.5tTotal Earnings: Rp74.3bTotal Revenue: Rp12.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Application Software Industry Price to Earnings3Y Average -2224.8x202420252026
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 329x which is higher than its 3-year average PE of -2kx.
  • The industry is trading close to its 3-year average PS ratio of 0.41x.
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 Market1.20%
Tech-0.74%
Software5.21%
Application Software5.11%
Systems Software11.46%
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 NusantaraRp725.007.4%
+Rp309.8b
1,913.9%PE213.5x
KIOS Kioson Komersial IndonesiaRp232.007.4%
+Rp17.2b
364.0%PS6.5x
HDIT Hensel Davest IndonesiaRp77.005.5%
+Rp6.1b
87.8%PS3.4x

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