Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to Rp113, the stock trades at a trailing P/E ratio of 73.1x. Average trailing P/E is 67x in the IT industry in Indonesia. Total returns to shareholders of 63% over the past three years. New Risk • May 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.4% net profit margin). Revenue is less than US$5m (Rp50b revenue, or US$2.8m). Market cap is less than US$100m (Rp262.7b market cap, or US$14.7m). New Risk • May 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: Rp175.1b (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (Rp175.1b market cap, or US$9.98m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.4% net profit margin). Revenue is less than US$5m (Rp50b revenue, or US$2.9m). Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Rp84.00, the stock trades at a trailing P/E ratio of 54.4x. Average trailing P/E is 71x in the IT industry in Indonesia. Total returns to shareholders of 19% over the past three years. Announcement • May 12
PT Wira Global Solusi Tbk, Annual General Meeting, Jun 19, 2026 PT Wira Global Solusi Tbk, Annual General Meeting, Jun 19, 2026. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to Rp105, the stock trades at a trailing P/E ratio of 68x. Average trailing P/E is 81x in the IT industry in Indonesia. Total returns to shareholders of 112% over the past three years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to Rp105, the stock trades at a trailing P/E ratio of 68x. Average trailing P/E is 74x in the IT industry in Indonesia. Total returns to shareholders of 104% over the past three years. Reported Earnings • Apr 02
Full year 2025 earnings released: EPS: Rp3.09 (vs Rp4.12 in FY 2024) Full year 2025 results: EPS: Rp3.09 (down from Rp4.12 in FY 2024). Revenue: Rp50.1b (up 42% from FY 2024). Net income: Rp3.22b (down 25% from FY 2024). Profit margin: 6.4% (down from 12% in FY 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (Rp30b revenue, or US$1.8m). Market cap is less than US$100m (Rp275.2b market cap, or US$16.2m). Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Rp238, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 68x in the IT industry in Indonesia. Total returns to shareholders of 73% over the past three years. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to Rp284, the stock trades at a trailing P/E ratio of 56.2x. Average trailing P/E is 60x in the IT industry in Indonesia. Total returns to shareholders of 107% over the past three years. Board Change • Oct 14
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Independent Commissioner Can Purnomo was the last independent director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jul 03
PT Wira Global Solusi Tbk announces Annual dividend, payable on August 01, 2025 PT Wira Global Solusi Tbk announced Annual dividend of IDR 1.0000 per share payable on August 01, 2025, ex-date on July 09, 2025 and record date on July 10, 2025. Announcement • May 23
PT Wira Global Solusi Tbk, Annual General Meeting, Jun 30, 2025 PT Wira Global Solusi Tbk, Annual General Meeting, Jun 30, 2025. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Rp95.00, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 19x in the IT industry in Indonesia. Total loss to shareholders of 29% over the past year. Reported Earnings • Aug 16
First half 2024 earnings released: EPS: Rp1.88 (vs Rp2.84 in 1H 2023) First half 2024 results: EPS: Rp1.88 (down from Rp2.84 in 1H 2023). Revenue: Rp20.0b (up 35% from 1H 2023). Net income: Rp1.96b (down 34% from 1H 2023). Profit margin: 9.8% (down from 20% in 1H 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to Rp60.00, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 14x in the IT industry in Indonesia. Total loss to shareholders of 56% over the past year. Buy Or Sell Opportunity • Jun 03
Now 25% overvalued Over the last 90 days, the stock has fallen 13% to Rp55.00. The fair value is estimated to be Rp43.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has declined by 20%. Announcement • May 20
PT Wira Global Solusi Tbk, Annual General Meeting, Jun 21, 2024 PT Wira Global Solusi Tbk, Annual General Meeting, Jun 21, 2024. Reported Earnings • Apr 01
Full year 2023 earnings released: EPS: Rp4.27 (vs Rp4.57 in FY 2022) Full year 2023 results: EPS: Rp4.27 (down from Rp4.57 in FY 2022). Revenue: Rp33.1b (up 24% from FY 2022). Net income: Rp4.45b (down 6.6% from FY 2022). Profit margin: 13% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. New Risk • Feb 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 124% Paying a dividend despite having no free cash flows. High level of non-cash earnings (53% accrual ratio). Market cap is less than US$10m (Rp63.6b market cap, or US$4.07m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (13% net profit margin). Revenue is less than US$5m (Rp27b revenue, or US$1.7m). New Risk • Feb 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 124% Paying a dividend despite having no free cash flows. High level of non-cash earnings (53% accrual ratio). Market cap is less than US$10m (Rp69.8b market cap, or US$4.47m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Profit margins are more than 30% lower than last year (13% net profit margin). Revenue is less than US$5m (Rp27b revenue, or US$1.7m). Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to Rp66.00, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 20x in the IT industry in Indonesia. Total loss to shareholders of 54% over the past year. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to Rp108, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 31x in the IT industry in Indonesia. Total loss to shareholders of 23% over the past year. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Rp90.00, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 31x in the IT industry in Indonesia. Total loss to shareholders of 36% over the past year. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to Rp102, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 34x in the IT industry in Indonesia. Total loss to shareholders of 34% over the past year. New Risk • Aug 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: Rp152.2b (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 124% Paying a dividend despite having no free cash flows. High level of non-cash earnings (53% accrual ratio). Market cap is less than US$10m (Rp152.2b market cap, or US$9.94m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (13% net profit margin). Revenue is less than US$5m (Rp27b revenue, or US$1.7m). Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to Rp179, the stock trades at a trailing P/E ratio of 55.4x. Average trailing P/E is 49x in the IT industry in Indonesia. Total returns to shareholders of 6.3% over the past year. New Risk • Aug 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 13% Last year net profit margin: 24% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 124% Paying a dividend despite having no free cash flows. High level of non-cash earnings (53% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (13% net profit margin). Revenue is less than US$5m (Rp27b revenue, or US$1.8m). Market cap is less than US$100m (Rp212.7b market cap, or US$14.0m). Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to Rp160, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 40x in the IT industry in Indonesia. Total loss to shareholders of 2.7% over the past year. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to Rp150, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 36x in the IT industry in Indonesia. Total loss to shareholders of 19% over the past year. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Rp121, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 37x in the IT industry in Indonesia. Total loss to shareholders of 33% over the past year. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to Rp108, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 49x in the IT industry in Indonesia. Total loss to shareholders of 42% over the past year. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Independent Commissioner Can Purnomo was the last independent director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improved over the past week After last week's 18% share price gain to Rp214, the stock trades at a trailing P/E ratio of 56.5x. Average trailing P/E is 127x in the IT industry in Indonesia. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 13
Full year 2021 earnings released: EPS: Rp5.95 (vs Rp5.49 in FY 2020) Full year 2021 results: EPS: Rp5.95 (up from Rp5.49 in FY 2020). Revenue: Rp22.1b (up Rp20.9b from FY 2020). Net income: Rp5.52b (up Rp5.38b from FY 2020). Profit margin: 25% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Announcement • Dec 07
PT Wira Global Solusi Tbk has completed an IPO in the amount of IDR 29.19 billion. PT Wira Global Solusi Tbk has completed an IPO in the amount of IDR 29.19 billion.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 208,500,000
Price\Range: IDR 140