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Indonesian (IDX) Application Software Industry Analysis

UpdatedJan 20, 2026
DataAggregated Company Financials
Companies6
  • 7D24.3%
  • 3M124.3%
  • 1Y649.3%
  • YTDn/a

The Application Software industry is up 24% in the last week, with Folago Global Nusantara up 36%. In the same time, Kioson Komersial Indonesia was down 15%. In the last 12 months, the industry was up 649%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Jan 2026Rp6.3tRp4.9tRp14.5b196.7x434.6x1.3x
Fri, 19 Dec 2025Rp5.9tRp4.9tRp14.5b186.5x404.9x1.2x
Sun, 16 Nov 2025Rp2.5tRp5.0t-Rp9,926,650,351.00183.3x-250.7x0.5x
Tue, 14 Oct 2025Rp3.0tRp5.2t-Rp77,583,862.0018.5x-38894.4x0.6x
Thu, 11 Sep 2025Rp1.7tRp5.2t-Rp77,583,862.0018x-22128.9x0.3x
Sat, 09 Aug 2025Rp1.5tRp5.2t-Rp77,583,862.0018.6x-18901.8x0.3x
Mon, 07 Jul 2025Rp1.1tRp5.8t-Rp86,820,669,010.0047.5x-12.7x0.2x
Wed, 04 Jun 2025Rp1.0tRp5.8t-Rp86,820,669,010.0041.6x-12x0.2x
Fri, 02 May 2025Rp679.1bRp6.1t-Rp275,215,068,394.0032.1x-2.5x0.1x
Sun, 30 Mar 2025Rp655.0bRp6.4t-Rp831,783,540,221.0048.9x-0.8x0.1x
Tue, 25 Feb 2025Rp768.4bRp6.4t-Rp831,783,540,221.0048.9x-0.9x0.1x
Thu, 23 Jan 2025Rp766.7bRp6.4t-Rp831,783,540,221.0048.9x-0.9x0.1x
Sat, 21 Dec 2024Rp748.0bRp6.2t-Rp830,902,697,584.0048.9x-0.9x0.1x
Mon, 18 Nov 2024Rp691.8bRp6.2t-Rp830,902,697,584.0048.9x-0.8x0.1x
Wed, 16 Oct 2024Rp691.9bRp7.0t-Rp1,085,344,222,368.0053x-0.6x0.1x
Fri, 13 Sep 2024Rp714.2bRp7.0t-Rp1,085,344,222,368.0053x-0.7x0.1x
Sun, 11 Aug 2024Rp639.2bRp7.0t-Rp1,085,344,222,368.0053x-0.6x0.09x
Tue, 09 Jul 2024Rp619.6bRp7.2t-Rp1,517,220,994,420.0073.6x-0.4x0.09x
Thu, 06 Jun 2024Rp755.1bRp7.2t-Rp1,517,220,994,420.0073.6x-0.5x0.1x
Sat, 04 May 2024Rp885.6bRp7.7t-Rp1,318,846,587,838.00163.6x-0.7x0.1x
Mon, 01 Apr 2024Rp1.2tRp8.1t-Rp835,002,527,587.0062.5x-1.4x0.1x
Wed, 28 Feb 2024Rp1.6tRp8.7t-Rp810,719,177,207.0062.5x-2x0.2x
Fri, 26 Jan 2024Rp3.8tRp10.9t-Rp892,153,901,155.0049.2x-4.3x0.4x
Sun, 24 Dec 2023Rp4.0tRp10.8t-Rp890,769,538,195.0040.5x-4.5x0.4x
Tue, 21 Nov 2023Rp4.5tRp11.6t-Rp888,847,591,657.0019.7x-5.1x0.4x
Thu, 19 Oct 2023Rp7.5tRp11.8t-Rp608,007,764,132.0035.6x-12.4x0.6x
Sat, 16 Sep 2023Rp6.8tRp11.9t-Rp604,290,666,296.0034.9x-11.2x0.6x
Mon, 14 Aug 2023Rp6.5tRp11.9t-Rp604,630,250,748.0054.5x-10.7x0.5x
Wed, 12 Jul 2023Rp10.1tRp12.1t-Rp43,198,259,481.0085x-234.9x0.8x
Fri, 09 Jun 2023Rp11.7tRp12.1t-Rp42,188,724,931.0092.3x-278.3x1x
Sun, 07 May 2023Rp13.7tRp13.6tRp45.0b126.3x304.7x1x
Tue, 04 Apr 2023Rp15.8tRp12.7tRp74.8b33.9x211.6x1.2x
Thu, 02 Mar 2023Rp13.4tRp12.7tRp74.8b35.7x179x1.1x
Sat, 28 Jan 2023Rp12.6tRp12.7tRp74.3b36x169.9x1x
Price to Earnings Ratio

169.9x


Total Market Cap: Rp12.6tTotal Earnings: Rp74.3bTotal Revenue: Rp12.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Application Software Industry Price to Earnings3Y Average -2224.1x202420252026
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 435x 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 1.3x.
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 Market3.17%
Tech1.15%
Software24.11%
Application Software24.25%
Systems Software16.13%
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?

CompanyLast Price7D1YValuation
IRSX Folago Global NusantaraRp735.0036.1%
+Rp1.2t
2,000.0%PE216.4x
JATI Informasi Teknologi IndonesiaRp147.0015.7%
+Rp65.3b
194.0%PE24.2x
HDIT Hensel Davest IndonesiaRp82.0013.9%
+Rp15.2b
141.2%PS3.6x
TFAS Telefast IndonesiaRp276.001.5%
+Rp6.6b
165.4%PE2026.4x

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