PT Aviana Sinar Abadi Tbk

irsx

Overview

IRSX Overview

PT Aviana Sinar Abadi Tbk is an Indonesia-based technology company. The Company is principally engaged in the business activities of software publishing and digital product sales. The Company is involved in a range of businesses, including software product management, sales force management system, corporate support system, inter-transaction platform, front-end systems, cloud services, e-commerce platforms, and meta commerce. The Company operates through three segments: IRS Software, Digital products and Advertisement. IRS Software Product Management allows clients to make product settings (price settings), inventory management, real-time monitoring of transactions to produce financial reports. Its Digital products segment is engaged in selling digital products. Its Advertisement is engaged in the advertising business. The Company develops various solutions for both businesses and individuals. Its subsidiaries include PT Digital Nata Karya and PT Aviana Semesta Anugerah.

24681012ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: IRSX

Development
Market Cap.
IDR 250.02Billion

~$15.77M USD

Industry
Software
Sub-Industry
Software
Sector
Technology

Valuation

IRSX Valuation Metrics

50

IDR

Closing Price on 2024-04-05

Price to Equity

43.53

P/E

At 43.53x P/E TTM, IRSX.JK is trading at a premium to its peers in the Software & IT Services sector (avg 6.3x).

Price to Book

1.48

P/B

At 1.48x P/B TTM, IRSX.JK is trading at a discount to its peers in the Software & IT Services sector.

Price to Sales

1.08

P/S

At 1.08x P/S TTM, IRSX.JK is trading at a premium to its peers in the Software & IT Services sector (avg 0.8x).

Valuing PT Aviana Sinar Abadi Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Software & IT Services sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Aviana Sinar Abadi Tbk relative to other stocks in the Software & IT Services sector

Price/Cash Flow
-2.59x
Price/Forward Earnings
-
Enterprise Value/Revenue
-
Enterprise Value/EBITDA
-
PEG Ratio
0.05x

Analyst Ratings

No analyst ratings available yet.

Valuation Recap of IRSX stock
WeightNotesScore
High
The P/E ratio is calculated by dividing the market price of a company's stock by its earnings per share (EPS). It is a key tool for investors and analysts to assess whether a stock is overvalued, undervalued, or fairly valued. A P/E ratio of 43.53x is above the ID market average of 8.22x and is trading at a premium to peers in the Software & IT Services sector (6.32x). In fact, less than 25% of its peers trade at a higher P/E ratio than IRSX.
Max 3
High
The P/B ratio is calculated by dividing the market price of a company's stock by its book value per share (BVPS). It measures the company's stock value relative to its assets minus liabilities. A P/B ratio of 1.48x is similar to the peers average of 1.74x in the Software & IT Services sector.
Max 3
Medium
The P/S ratio is calculated by dividing the market price of a company's stock by its sales per share. It measures the company's stock value relative to its sales. A P/S ratio of 1.08x is similar to the peers average of 0.75x in the Software & IT Services sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of IRSX's valuation relative to its current sales and future earnings growth.
Max 2
Low
The Price/Cash Flow ratio (P/CF) is calculated by dividing the market price of a company's stock by its cash flow per share. It measures the company's stock value relative to its cash flow, and is sometimes said to be a more objective measure of a company's value because cash flows cannot be manipulated as easily as earnings, which considers non-cash items such as depreciation and amortization. IRSX's P/CF ratio of -2.59x is considered healthy by analysts.●●
Max 2

Peers

IRSX Peers and Comparison

Peer Companies

Supertype Fuzzy Search
SymbolCompany Name
Market Cap
(in Trillion IDR)
Total Assets
(in Trillion IDR)
Total Revenue
(in Trillion IDR)
Profit and Loss
(in Trillion IDR)
P/E
P/B
DCIIPT DCI Indonesia Tbk83.43T3.56T 1.25T 0.48T 172.2842.66
GOTOPT GoTo Gojek Tokopedia Tbk72.80T132.04T 13.89T -28.80T -2.530.62
BELIPT Global Digital Niaga Tbk58.89T12.38T 15.01T -4.04T -14.577.66
EMTKElang Mahkota Teknologi Tbk26.26T43.11T 11.25T -0.26T -99.720.74
BUKAPT Bukalapak.com Tbk15.35T26.65T 4.37T -2.42T -6.350.59
EDGEPT Indointernet Tbk.8.83T2.37T 0.91T 0.25T 36.026.37
MTDLMetrodata Electronics Tbk7.30T9.50T 20.92T 0.61T 11.962.12
MSTIPT Mastersystem Infotama Tbk.4.77T0.00T 0.00T 0.00T
MLPTPT Multipolar Technology Tbk.2.78T2.96T 3.27T 0.35T 7.914.37
CYBRPT ITSEC Asia Tbk.1.86T0.22T 0.00T 0.00T 19.17
Competitiveness Recap of IRSX stock
WeightNotesScore
High
At a market cap of IDR 250.02 billion, IRSX.JK ranks 10 in Market Cap out of 10 companies in the Technology sector.
Max 2
High
At a PE of 43.53, IRSX.JK ranks 2 out of 10 companies in the Technology sector for P/E value. The average PE is 14.85 (unadjusted). A high P/E ratio often indicates higher growth expectation, or other qualitative factors that led investors to believe that the company has a defensible competitive advantage compared to its peers in Technology. In this regard, it trails behind sector leaders such as PT DCI Indonesia Tbk (172.28) in the Technology sector.●●
Max 2
Medium
At a PE of 43.53, IRSX.JK is trading at a higher PE than that of its subsector peers in Software & IT Services (median of 6.32). false●●
Max 2
Medium
At a revenue of IDR 0.23 trillion, IRSX.JK ranks 9 in Revenue out of 10 companies in the Technology sector.
Max 2
Medium
At a profit of IDR 0.01 trillion, IRSX.JK ranks 5 in Profit out of 10 companies in the Technology sector.
Max 2

Future

Future Growth of IRSX

Growth Forecasts

No data available

Sector Benchmark

Software & IT Services companies in Indonesia are growing at a projected rate of 34.66% against the IDX average of +12.0%.

Software & IT Services sector overview
No data is available for IRSX at the moment.
Future growth prospect of IRSX
WeightNotesScore
High
IRSX's projected growth rate of 34.66% is above the ID market average of 11.98%.●●●
Max 3
High
The Software & IT Services sub-sector is projected to grow revenue by 69.41% in 2024. This number is higher than the previous year 2023's growth rate of 35.38%. This bodes well for IRSX's revenue growth prospects in the next 2 years. ●●●
Max 3
Medium
The Software & IT Services sub-sector is projected to decrease earnings by -82.79% in 2024. This number is lower than the previous year 2023's EPS growth of -81.82%. false
Max 3
Medium
IRSX and its peers in the Software & IT Services sub-sector belongs to the Technology sector. Companies in the Technology sector are projected to have a challenging year heading into 2024. Specifically, earnings are projected to decrease by -82.79% in 2024 while revenue growth is projected to increase by 67.17%. These macroeconomic trends will likely be a headwind for IRSX's earnings growth prospects in the next 2 years.
Max 3
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Management

Executive Management

President Director

Gusti Ngurah Komang Panji Pramana15.2 years
Fajar Indrayanto D
Director
Piki Purwanto
Director
Hendri
Director
Wilson Tan
Director
NamePositionShares%
No data is available for IRSX at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

IRSX Ownership

Others
20.04%
Insiders
79.96%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Pt Mitra Digital Investindo1,080,000,00021.654.00B
Public (Scripless)1,000,341,3922050.02B
Pt Harapan Ruang Investindo960,000,00019.248.00B
Pt Buana Megah Wicaksana760,000,00015.238.00B
Pt Investasi Gemilang Maju600,000,0001230.00B
Pt Investindo Buana Ultima600,000,0001230.00B
No data is available for IRSX at the moment.