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Indonesian (IDX) Application Software Industry Analysis

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies6
  • 7D6.4%
  • 3M-32.2%
  • 1Y507.9%
  • YTDn/a

In the last week, the Application Software industry is up 10%, with Folago Global Nusantara up 8.8%. This takes the industry's 12 month performance to a gain of 518%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026Rp4.1tRp4.9tRp54.1b66.4x75.8x0.8x
Thu, 19 Mar 2026Rp3.7tRp4.9tRp14.5b122.2x253.1x0.8x
Sat, 14 Feb 2026Rp4.8tRp4.9tRp14.5b155.1x332.4x1x
Mon, 12 Jan 2026Rp5.7tRp4.9tRp14.5b181.5x389.5x1.2x
Wed, 10 Dec 2025Rp4.5tRp5.0t-Rp9,926,650,351.00175.6x-450.7x0.9x
Fri, 07 Nov 2025Rp2.3tRp5.0t-Rp9,926,650,378.00189.9x-227.6x0.4x
Sun, 05 Oct 2025Rp2.5tRp5.2t-Rp77,583,862.0018x-32368.4x0.5x
Tue, 02 Sep 2025Rp1.6tRp5.2t-Rp77,583,862.0018.5x-20376.6x0.3x
Thu, 31 Jul 2025Rp1.2tRp5.8t-Rp86,820,669,010.0045.7x-14.4x0.2x
Sat, 28 Jun 2025Rp1.1tRp5.8t-Rp86,820,669,010.0051.3x-13x0.2x
Mon, 26 May 2025Rp1.2tRp5.8t-Rp79,480,036,155.0056.7x-14.8x0.2x
Wed, 23 Apr 2025Rp643.3bRp6.1t-Rp275,215,068,394.0032.1x-2.3x0.1x
Fri, 21 Mar 2025Rp646.9bRp6.4t-Rp831,783,540,221.0048.9x-0.8x0.1x
Sun, 16 Feb 2025Rp676.1bRp6.4t-Rp831,783,540,221.0048.9x-0.8x0.1x
Tue, 14 Jan 2025Rp832.5bRp6.4t-Rp831,783,540,221.0048.9x-1x0.1x
Thu, 12 Dec 2024Rp832.8bRp6.2t-Rp830,902,697,584.0048.9x-1x0.1x
Sat, 09 Nov 2024Rp698.6bRp6.2t-Rp830,902,697,584.0048.9x-0.8x0.1x
Mon, 07 Oct 2024Rp698.2bRp7.0t-Rp1,085,344,222,368.0053x-0.6x0.1x
Wed, 04 Sep 2024Rp674.9bRp7.0t-Rp1,085,344,222,368.0053x-0.6x0.1x
Fri, 02 Aug 2024Rp620.3bRp7.4t-Rp1,520,676,868,024.0053x-0.4x0.08x
Sun, 30 Jun 2024Rp587.1bRp7.2t-Rp1,517,220,994,420.0073.6x-0.4x0.08x
Tue, 28 May 2024Rp848.4bRp7.2t-Rp1,517,220,994,420.0073.6x-0.6x0.1x
Thu, 25 Apr 2024Rp947.1bRp7.7t-Rp1,318,846,587,838.00204.6x-0.7x0.1x
Sat, 23 Mar 2024Rp1.4tRp8.7t-Rp812,752,950,691.0062.5x-1.7x0.2x
Mon, 19 Feb 2024Rp1.7tRp8.7t-Rp810,719,177,207.0062.5x-2.1x0.2x
Wed, 17 Jan 2024Rp3.9tRp10.9t-Rp892,153,901,155.0048.6x-4.4x0.4x
Fri, 15 Dec 2023Rp4.2tRp10.8t-Rp890,769,538,195.0041.9x-4.7x0.4x
Sun, 12 Nov 2023Rp4.6tRp11.6t-Rp888,847,591,657.0019.7x-5.2x0.4x
Tue, 10 Oct 2023Rp7.9tRp11.8t-Rp608,007,764,132.0036.4x-12.9x0.7x
Thu, 07 Sep 2023Rp4.7tRp11.9t-Rp604,290,666,296.0033.7x-7.8x0.4x
Sat, 05 Aug 2023Rp7.6tRp11.8t-Rp586,963,909,438.0082.6x-13x0.6x
Mon, 03 Jul 2023Rp10.8tRp12.1t-Rp42,188,724,931.0082.6x-256.5x0.9x
Wed, 31 May 2023Rp11.4tRp12.8t-Rp46,290,784,132.0098.4x-247.2x0.9x
Fri, 28 Apr 2023Rp13.1tRp13.1tRp20.4b125x641.9x1x
Price to Earnings Ratio

641.9x


Total Market Cap: Rp13.1tTotal Earnings: Rp20.4bTotal Revenue: Rp13.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Application Software Industry Price to Earnings3Y Average -2219.7x202420252026
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 77.4x 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 Market1.38%
Tech1.32%
Software6.76%
Application Software6.42%
Systems Software23.75%
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 NusantaraRp470.008.8%
+Rp235.4b
1,707.7%PE115.3x
TFAS Telefast IndonesiaRp226.003.7%
+Rp13.3b
128.3%PS1.2x
JATI Informasi Teknologi IndonesiaRp112.001.8%
+Rp6.5b
124.0%PE17.6x
HDIT Hensel Davest IndonesiaRp62.001.6%
+Rp1.5b
264.7%PS5.1x

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