Tower Bersama Infrastructure（TBIG）株式概要タワー・ベルサマ・インフラストラクチャー社（PT Tower Bersama Infrastructure Tbk）は、子会社とともに中央電気通信建設、電気通信設備、ケーブルによる電気通信事業に従事している。 詳細TBIG ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績2/6財務の健全性1/6配当金4/6リスク分析利払いは収益で十分にカバーされない 不安定な配当実績 すべてのリスクチェックを見るTBIG Community Fair Values Create NarrativeSee what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueRpCurrent PriceRp1.33k68.9% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture08t2016201920222025202620282031Revenue Rp7.6tEarnings Rp1.6tAdvancedSet Fair ValueView all narrativesPT Tower Bersama Infrastructure Tbk 競合他社Sarana Menara NusantaraSymbol: IDX:TOWRMarket cap: Rp23.1tDayamitra TelekomunikasiSymbol: IDX:MTELMarket cap: Rp40.9tSolusi Tunas PratamaSymbol: IDX:SUPRMarket cap: Rp49.9tInti Bangun SejahteraSymbol: IDX:IBSTMarket cap: Rp11.4t価格と性能株価の高値、安値、推移の概要Tower Bersama Infrastructure過去の株価現在の株価Rp1,330.0052週高値Rp2,950.0052週安値Rp1,220.00ベータ-0.0931ヶ月の変化-26.52%3ヶ月変化-24.86%1年変化-34.48%3年間の変化-37.26%5年間の変化-44.35%IPOからの変化177.08%最新ニュースReported Earnings • May 01First quarter 2026 earnings released: EPS: Rp17.43 (vs Rp18.52 in 1Q 2025)First quarter 2026 results: EPS: Rp17.43 (down from Rp18.52 in 1Q 2025). Revenue: Rp1.72t (flat on 1Q 2025). Net income: Rp390.1b (down 5.6% from 1Q 2025). Profit margin: 23% (down from 24% in 1Q 2025). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.お知らせ • May 01PT Tower Bersama Infrastructure Tbk, Annual General Meeting, Jun 09, 2026PT Tower Bersama Infrastructure Tbk, Annual General Meeting, Jun 09, 2026.Reported Earnings • Apr 02Full year 2025 earnings released: EPS: Rp63.71 (vs Rp60.38 in FY 2024)Full year 2025 results: EPS: Rp63.71 (up from Rp60.38 in FY 2024). Revenue: Rp6.91t (flat on FY 2024). Net income: Rp1.43t (up 4.8% from FY 2024). Profit margin: 21% (in line with FY 2024). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year.Buy Or Sell Opportunity • Feb 03Now 22% overvaluedOver the last 90 days, the stock has fallen 18% to Rp1,800. The fair value is estimated to be Rp1,473, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.5%. Revenue is forecast to grow by 4.1% in 2 years. Earnings are forecast to grow by 17% in the next 2 years.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Rp1,815, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Telecom industry in Asia. Total loss to shareholders of 9.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,507 per share.Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to Rp2,300, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 5.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp2,824 per share.最新情報をもっと見るRecent updatesReported Earnings • May 01First quarter 2026 earnings released: EPS: Rp17.43 (vs Rp18.52 in 1Q 2025)First quarter 2026 results: EPS: Rp17.43 (down from Rp18.52 in 1Q 2025). Revenue: Rp1.72t (flat on 1Q 2025). Net income: Rp390.1b (down 5.6% from 1Q 2025). Profit margin: 23% (down from 24% in 1Q 2025). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.お知らせ • May 01PT Tower Bersama Infrastructure Tbk, Annual General Meeting, Jun 09, 2026PT Tower Bersama Infrastructure Tbk, Annual General Meeting, Jun 09, 2026.Reported Earnings • Apr 02Full year 2025 earnings released: EPS: Rp63.71 (vs Rp60.38 in FY 2024)Full year 2025 results: EPS: Rp63.71 (up from Rp60.38 in FY 2024). Revenue: Rp6.91t (flat on FY 2024). Net income: Rp1.43t (up 4.8% from FY 2024). Profit margin: 21% (in line with FY 2024). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year.Buy Or Sell Opportunity • Feb 03Now 22% overvaluedOver the last 90 days, the stock has fallen 18% to Rp1,800. The fair value is estimated to be Rp1,473, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.5%. Revenue is forecast to grow by 4.1% in 2 years. Earnings are forecast to grow by 17% in the next 2 years.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Rp1,815, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Telecom industry in Asia. Total loss to shareholders of 9.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,507 per share.Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to Rp2,300, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 5.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp2,824 per share.Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: Rp12.80 (vs Rp19.35 in 3Q 2024)Third quarter 2025 results: EPS: Rp12.80 (down from Rp19.35 in 3Q 2024). Revenue: Rp1.71t (flat on 3Q 2024). Net income: Rp285.6b (down 35% from 3Q 2024). Profit margin: 17% (down from 26% in 3Q 2024). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 26%After last week's 26% share price gain to Rp2,380, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 9.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp3,282 per share.Board Change • Oct 24No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. No independent directors (5 non-independent directors). Independent Commissioner Heri Sunaryadi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Jul 11Mitratel Reportedly to Weigh Reviving $5.5 Billion Bersama MergerIndonesian telecommunications tower company PT Dayamitra Telekomunikasi Tbk. (IDX:MTEL) is considering reviving a merger with rival PT Tower Bersama Infrastructure Tbk (IDX:TBIG), people familiar with the matter said, which would mark the second such attempt in a decade. The companies, both listed in Jakarta, have held early talks with prospective advisers about the merits of a potential combination that could create an entity worth about IDR 90 trillion ($5.5 billion), the people said, asking not to be identified because the deliberations are private. Shares of Dayamitra, known as Mitratel, have fallen about 17% this year, giving it a market value of roughly IDR 45 trillion. Tower Bersama’s stock has dropped about 4%, valuing it at IDR 45.8 trillion. This would be the second attempt to merge the two tower firms, after a previous plan fell apart in 2015. It would also follow a wave of consolidation in the telecoms sector in Indonesia. Some recent deals include a $6.5 billion merger between PT XL Axiata and PT Smartfren Telecom, and a similar move by CK Hutchison Holdings Ltd. and Qatar’s Ooredoo QPSC, which combined their local businesses in 2022 in a $6 billion transaction to create PT Indosat. Mitratel — which is about 72% controlled by PT Telkom Indonesia Persero — owns and manages more than 39,400 towers, according to its latest annual report. Indonesia’s government holds roughly 52% Telkom through the nation’s sovereign wealth fund Danantara. Tower Bersama, established in 2004 and listed on the Jakarta stock exchange six years later, has more 23,000 telecom sites, according to its website. The company is majority-owned by Bersama Digital Infrastructure Asia Pte, a platform controlled by Provident Capital and PT Saratoga Investama Sedaya. Macquarie Group Ltd.’s asset management arm also holds a significant minority stake in Bersama Digital after it invested around $610 million in 2022. Considerations about a potential merger of Mitratel and Bersama are at an early stage and there’s no certainty there will be a deal, the people said. Representatives for Tower Bersama, Mitratel and Danantara didn’t reply to requests for comment, while Telkom declined to comment.お知らせ • May 05PT Tower Bersama Infrastructure Tbk, Annual General Meeting, Jun 10, 2025PT Tower Bersama Infrastructure Tbk, Annual General Meeting, Jun 10, 2025.Reported Earnings • Nov 02Third quarter 2024 earnings released: EPS: Rp19.35 (vs Rp18.96 in 3Q 2023)Third quarter 2024 results: EPS: Rp19.35 (up from Rp18.96 in 3Q 2023). Revenue: Rp1.71t (up 2.4% from 3Q 2023). Net income: Rp436.6b (up 1.6% from 3Q 2023). Profit margin: 26% (in line with 3Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.Reported Earnings • Aug 03Second quarter 2024 earnings released: EPS: Rp16.84 (vs Rp15.75 in 2Q 2023)Second quarter 2024 results: EPS: Rp16.84 (up from Rp15.75 in 2Q 2023). Revenue: Rp1.71t (up 2.9% from 2Q 2023). Net income: Rp381.0b (up 6.8% from 2Q 2023). Profit margin: 22% (in line with 2Q 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Price Target Changed • Jul 05Price target decreased by 8.7% to Rp2,066Down from Rp2,261, the current price target is an average from 14 analysts. New target price is 9.9% above last closing price of Rp1,880. Stock is down 6.0% over the past year. The company is forecast to post earnings per share of Rp73.99 for next year compared to Rp69.11 last year.Reported Earnings • May 07First quarter 2024 earnings released: EPS: Rp15.45 (vs Rp14.81 in 1Q 2023)First quarter 2024 results: EPS: Rp15.45 (up from Rp14.81 in 1Q 2023). Revenue: Rp1.70t (up 5.4% from 1Q 2023). Net income: Rp349.8b (up 5.4% from 1Q 2023). Profit margin: 21% (in line with 1Q 2023). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Major Estimate Revision • Apr 20Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from Rp88.17 to Rp73.96 per share. Revenue forecast steady at Rp6.90b. Net income forecast to grow 7.6% next year vs 8.3% growth forecast for Telecom industry in Indonesia. Consensus price target broadly unchanged at Rp2,260. Share price fell 6.4% to Rp1,750 over the past week.Reported Earnings • Apr 02Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: Rp69.11 (down from Rp73.44 in FY 2022). Revenue: Rp6.64t (up 1.8% from FY 2022). Net income: Rp1.56t (down 4.7% from FY 2022). Profit margin: 24% (down from 25% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.2%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Jan 22Now 24% overvaluedOver the last 90 days, the stock has fallen 4.4% to Rp1,960. The fair value is estimated to be Rp1,578, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 22% in the next 2 years.Reported Earnings • Nov 30Third quarter 2023 earnings released: EPS: Rp18.96 (vs Rp17.51 in 3Q 2022)Third quarter 2023 results: EPS: Rp18.96 (up from Rp17.51 in 3Q 2022). Revenue: Rp1.67t (up 3.4% from 3Q 2022). Net income: Rp429.6b (up 8.3% from 3Q 2022). Profit margin: 26% (up from 25% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year.Price Target Changed • Sep 06Price target decreased by 9.4% to Rp2,155Down from Rp2,378, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of Rp2,060. Stock is down 30% over the past year. The company is forecast to post earnings per share of Rp73.83 for next year compared to Rp73.44 last year.Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: Rp15.75 (vs Rp18.36 in 2Q 2022)Second quarter 2023 results: EPS: Rp15.75 (down from Rp18.36 in 2Q 2022). Revenue: Rp1.66t (flat on 2Q 2022). Net income: Rp356.8b (down 13% from 2Q 2022). Profit margin: 22% (down from 25% in 2Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year.Price Target Changed • Jun 15Price target decreased by 7.2% to Rp2,584Down from Rp2,784, the current price target is an average from 14 analysts. New target price is 24% above last closing price of Rp2,080. Stock is down 29% over the past year. The company is forecast to post earnings per share of Rp78.43 for next year compared to Rp73.44 last year.Buying Opportunity • Nov 28Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be Rp2,948, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 19% in the next 2 years.Reported Earnings • Nov 25Third quarter 2022 earnings released: EPS: Rp17.50 (vs Rp20.02 in 3Q 2021)Third quarter 2022 results: EPS: Rp17.50 (down from Rp20.02 in 3Q 2021). Revenue: Rp1.62t (up 1.8% from 3Q 2021). Net income: Rp396.7b (down 5.0% from 3Q 2021). Profit margin: 25% (down from 26% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 30% per year.Board Change • Nov 16No independent directorsFollowing 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 Heri Sunaryadi 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.Reported Earnings • Sep 15Second quarter 2022 earnings released: EPS: Rp17.75 (vs Rp17.74 in 2Q 2021)Second quarter 2022 results: EPS: Rp17.75 (up from Rp17.74 in 2Q 2021). Revenue: Rp1.66t (up 7.3% from 2Q 2021). Net income: Rp410.9b (up 3.4% from 2Q 2021). Profit margin: 25% (in line with 2Q 2021). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Telecom industry in Indonesia. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 34% per year.Major Estimate Revision • Jun 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from Rp77.51 to Rp89.46. Revenue forecast steady at Rp6.80b. Net income forecast to grow 6.0% next year vs 6.6% growth forecast for Telecom industry in Indonesia. Consensus price target broadly unchanged at Rp3,136. Share price rose 5.7% to Rp2,950 over the past week.Reported Earnings • May 27First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: Rp19.91 (up from Rp12.75 in 1Q 2021). Revenue: Rp1.64t (up 15% from 1Q 2021). Net income: Rp415.3b (up 56% from 1Q 2021). Profit margin: 25% (up from 19% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Over the next year, revenue is forecast to grow 7.1%, compared to a 8.0% growth forecast for the industry in Indonesia. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Commissioner Ludovicus Wondabio was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Dec 10Third quarter 2021 earnings: EPS and revenues exceed analyst expectationsThird quarter 2021 results: EPS: Rp20.02 (up from Rp11.36 in 3Q 2020). Revenue: Rp1.59t (up 17% from 3Q 2020). Net income: Rp417.7b (up 76% from 3Q 2020). Profit margin: 26% (up from 17% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 10.0%, compared to a 4.3% growth forecast for the industry in Indonesia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Sep 06Second quarter 2021 earnings released: EPS Rp19.05 (vs Rp13.51 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Rp1.55t (up 18% from 2Q 2020). Net income: Rp397.4b (up 41% from 2Q 2020). Profit margin: 26% (up from 21% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.Price Target Changed • Jul 02Price target increased to Rp2,793Up from Rp2,602, the current price target is an average from 16 analysts. New target price is 12% below last closing price of Rp3,190. Stock is up 195% over the past year.Price Target Changed • Jun 09Price target increased to Rp2,426Up from Rp2,190, the current price target is an average from 14 analysts. New target price is 21% below last closing price of Rp3,090. Stock is up 182% over the past year.Reported Earnings • Jun 08First quarter 2021 earnings released: EPS Rp12.75 (vs Rp10.96 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: Rp1.42t (up 13% from 1Q 2020). Net income: Rp265.9b (up 16% from 1Q 2020). Profit margin: 19% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings.Price Target Changed • Jun 03Price target increased to Rp2,218Up from Rp2,062, the current price target is an average from 16 analysts. New target price is 21% below last closing price of Rp2,810. Stock is up 153% over the past year.Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to Rp2,810, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 17x in the Telecom industry in Asia. Total returns to shareholders of 202% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp3,666 per share.Major Estimate Revision • May 04Consensus EPS estimates increase to Rp69.36The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from Rp5.80b to Rp6.07b. EPS estimate increased from Rp60.98 to Rp69.36 per share. Net income forecast to grow 45% next year vs 17% growth forecast for Telecom industry in Indonesia. Consensus price target up from Rp1,878 to Rp2,062. Share price was steady at Rp2,700 over the past week.Price Target Changed • May 02Price target increased to Rp2,031Up from Rp1,878, the current price target is an average from 16 analysts. New target price is 27% below last closing price of Rp2,790. Stock is up 133% over the past year.Reported Earnings • May 01Full year 2020 earnings released: EPS Rp48.40 (vs Rp39.26 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: Rp5.33t (up 13% from FY 2019). Net income: Rp1.01t (up 23% from FY 2019). Profit margin: 19% (up from 17% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improved over the past weekAfter last week's 17% share price gain to Rp2,480, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 18x in the Telecom industry in Asia. Total returns to shareholders of 153% over the past three years.Valuation Update With 7 Day Price Move • Feb 08Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to Rp2,250, the stock is trading at a trailing P/E ratio of 49.2x, down from the previous P/E ratio of 59x. This compares to an average P/E of 25x in the Telecom industry in Indonesia. Total returns to shareholders over the past three years are 114%.Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improved over the past weekAfter last week's 20% share price gain to Rp2,010, the stock is trading at a trailing P/E ratio of 43.9x, up from the previous P/E ratio of 36.7x. This compares to an average P/E of 24x in the Telecom industry in Indonesia. Total returns to shareholders over the past three years are 75%.Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to Rp1,870, the stock is trading at a trailing P/E ratio of 40.8x, up from the previous P/E ratio of 35.3x. This compares to an average P/E of 25x in the Telecom industry in Indonesia. Total returns to shareholders over the past three years are 59%.Is New 90 Day High Low • Jan 18New 90-day high: Rp1,870The company is up 29% from its price of Rp1,450 on 21 October 2020. The Indonesian market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp2,017 per share.Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improved over the past weekAfter last week's 15% share price gain to Rp1,730, the stock is trading at a trailing P/E ratio of 37.8x, up from the previous P/E ratio of 32.8x. This compares to an average P/E of 23x in the Telecom industry in Indonesia. Total returns to shareholders over the past three years are 49%.Is New 90 Day High Low • Dec 21New 90-day high: Rp1,635The company is up 22% from its price of Rp1,340 on 23 September 2020. The Indonesian market is up 23% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Telecom industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp2,164 per share.Is New 90 Day High Low • Dec 04New 90-day high: Rp1,535The company is up 20% from its price of Rp1,275 on 04 September 2020. The Indonesian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp1,505 per share.Is New 90 Day High Low • Nov 07New 90-day high: Rp1,505The company is up 18% from its price of Rp1,275 on 07 August 2020. The Indonesian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp1,505 per share.Analyst Estimate Surprise Post Earnings • Oct 27Third-quarter earnings released: Earnings miss expectationsEarnings per share (EPS) missed analyst estimates by 23% at Rp11.36. Revenue is forecast to grow 6.7% over the next year, compared to a 4.0% growth forecast for the Telecom industry in Indonesia.Reported Earnings • Oct 27Third quarter earnings releasedOver the last 12 months the company has reported total profits of Rp955.0b, up 42% from the prior year. Total revenue was Rp5.17t over the last 12 months, up 12% from the prior year.Is New 90 Day High Low • Oct 15New 90-day high: Rp1,450The company is up 29% from its price of Rp1,125 on 17 July 2020. The Indonesian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp1,449 per share.Is New 90 Day High Low • Sep 23New 90-day high: Rp1,340The company is up 18% from its price of Rp1,140 on 25 June 2020. The Indonesian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp1,074 per share.株主還元TBIGID TelecomID 市場7D-9.8%-2.4%-10.2%1Y-34.5%22.9%-19.2%株主還元を見る業界別リターン: TBIG過去 1 年間で22.9 % の収益を上げたID Telecom業界を下回りました。リターン対市場: TBIGは、過去 1 年間で-19.2 % のリターンを上げたID市場を下回りました。価格変動Is TBIG's price volatile compared to industry and market?TBIG volatilityTBIG Average Weekly Movement5.8%Telecom Industry Average Movement5.8%Market Average Movement8.0%10% most volatile stocks in ID Market15.4%10% least volatile stocks in ID Market3.9%安定した株価: TBIG 、 ID市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: TBIGの 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2004903Hardi Liongwww.tower-bersama.comタワー・ベルサマ・インフラストラクチャー社（PT Tower Bersama Infrastructure Tbk）は、子会社とともに中央電気通信建設、電気通信設備、ケーブルによる電気通信事業に従事している。タワー、レピータ、ビル、光ファイバーの各セグメントで事業を展開している。通信建設、通信機器卸売、住宅・産業ビル建設、道路・橋梁・地下道などの土木建設、鉄道トンネル建設、機械のレンタル・リースなどを行っている。また、電力供給設備の運営、所有・賃貸不動産の運営、電動機・発電機・変圧器・通信設備の修理も行っている。さらに、データ処理、ホスティング、関連サービス、インターネット・サービス・プロバイダー、データ通信システム、コンピューター・コンサルタント、その他のコンピューター施設管理活動、ケーブル通信活動、その他の民間職業訓練サービスも提供している。同社は以前、PT Banyan Masとして知られていた。PT Tower Bersama Infrastructure Tbkは2004年に設立され、インドネシアのジャカルタ・セラタンに拠点を置く。もっと見るPT Tower Bersama Infrastructure Tbk 基礎のまとめTower Bersama Infrastructure の収益と売上を時価総額と比較するとどうか。TBIG 基礎統計学時価総額Rp30.05t収益（TTM）Rp1.40t売上高(TTM)Rp6.90t21.4xPER（株価収益率4.4xP/SレシオTBIG は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計TBIG 損益計算書（TTM）収益Rp6.90t売上原価Rp1.96t売上総利益Rp4.94tその他の費用Rp3.54t収益Rp1.40t直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）62.12グロス・マージン71.64%純利益率20.35%有利子負債／自己資本比率220.9%TBIG の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.7%現在の配当利回り41%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 11:25終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋PT Tower Bersama Infrastructure Tbk 8 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。20 アナリスト機関Roshan BeheraBofA Global ResearchBob SetiadiCGS InternationalArthur PinedaCitigroup Inc17 その他のアナリストを表示
Reported Earnings • May 01First quarter 2026 earnings released: EPS: Rp17.43 (vs Rp18.52 in 1Q 2025)First quarter 2026 results: EPS: Rp17.43 (down from Rp18.52 in 1Q 2025). Revenue: Rp1.72t (flat on 1Q 2025). Net income: Rp390.1b (down 5.6% from 1Q 2025). Profit margin: 23% (down from 24% in 1Q 2025). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.
お知らせ • May 01PT Tower Bersama Infrastructure Tbk, Annual General Meeting, Jun 09, 2026PT Tower Bersama Infrastructure Tbk, Annual General Meeting, Jun 09, 2026.
Reported Earnings • Apr 02Full year 2025 earnings released: EPS: Rp63.71 (vs Rp60.38 in FY 2024)Full year 2025 results: EPS: Rp63.71 (up from Rp60.38 in FY 2024). Revenue: Rp6.91t (flat on FY 2024). Net income: Rp1.43t (up 4.8% from FY 2024). Profit margin: 21% (in line with FY 2024). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year.
Buy Or Sell Opportunity • Feb 03Now 22% overvaluedOver the last 90 days, the stock has fallen 18% to Rp1,800. The fair value is estimated to be Rp1,473, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.5%. Revenue is forecast to grow by 4.1% in 2 years. Earnings are forecast to grow by 17% in the next 2 years.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Rp1,815, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Telecom industry in Asia. Total loss to shareholders of 9.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,507 per share.
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to Rp2,300, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 5.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp2,824 per share.
Reported Earnings • May 01First quarter 2026 earnings released: EPS: Rp17.43 (vs Rp18.52 in 1Q 2025)First quarter 2026 results: EPS: Rp17.43 (down from Rp18.52 in 1Q 2025). Revenue: Rp1.72t (flat on 1Q 2025). Net income: Rp390.1b (down 5.6% from 1Q 2025). Profit margin: 23% (down from 24% in 1Q 2025). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.
お知らせ • May 01PT Tower Bersama Infrastructure Tbk, Annual General Meeting, Jun 09, 2026PT Tower Bersama Infrastructure Tbk, Annual General Meeting, Jun 09, 2026.
Reported Earnings • Apr 02Full year 2025 earnings released: EPS: Rp63.71 (vs Rp60.38 in FY 2024)Full year 2025 results: EPS: Rp63.71 (up from Rp60.38 in FY 2024). Revenue: Rp6.91t (flat on FY 2024). Net income: Rp1.43t (up 4.8% from FY 2024). Profit margin: 21% (in line with FY 2024). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year.
Buy Or Sell Opportunity • Feb 03Now 22% overvaluedOver the last 90 days, the stock has fallen 18% to Rp1,800. The fair value is estimated to be Rp1,473, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.5%. Revenue is forecast to grow by 4.1% in 2 years. Earnings are forecast to grow by 17% in the next 2 years.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Rp1,815, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Telecom industry in Asia. Total loss to shareholders of 9.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,507 per share.
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to Rp2,300, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 5.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp2,824 per share.
Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: Rp12.80 (vs Rp19.35 in 3Q 2024)Third quarter 2025 results: EPS: Rp12.80 (down from Rp19.35 in 3Q 2024). Revenue: Rp1.71t (flat on 3Q 2024). Net income: Rp285.6b (down 35% from 3Q 2024). Profit margin: 17% (down from 26% in 3Q 2024). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 26%After last week's 26% share price gain to Rp2,380, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 9.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp3,282 per share.
Board Change • Oct 24No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. No independent directors (5 non-independent directors). Independent Commissioner Heri Sunaryadi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Jul 11Mitratel Reportedly to Weigh Reviving $5.5 Billion Bersama MergerIndonesian telecommunications tower company PT Dayamitra Telekomunikasi Tbk. (IDX:MTEL) is considering reviving a merger with rival PT Tower Bersama Infrastructure Tbk (IDX:TBIG), people familiar with the matter said, which would mark the second such attempt in a decade. The companies, both listed in Jakarta, have held early talks with prospective advisers about the merits of a potential combination that could create an entity worth about IDR 90 trillion ($5.5 billion), the people said, asking not to be identified because the deliberations are private. Shares of Dayamitra, known as Mitratel, have fallen about 17% this year, giving it a market value of roughly IDR 45 trillion. Tower Bersama’s stock has dropped about 4%, valuing it at IDR 45.8 trillion. This would be the second attempt to merge the two tower firms, after a previous plan fell apart in 2015. It would also follow a wave of consolidation in the telecoms sector in Indonesia. Some recent deals include a $6.5 billion merger between PT XL Axiata and PT Smartfren Telecom, and a similar move by CK Hutchison Holdings Ltd. and Qatar’s Ooredoo QPSC, which combined their local businesses in 2022 in a $6 billion transaction to create PT Indosat. Mitratel — which is about 72% controlled by PT Telkom Indonesia Persero — owns and manages more than 39,400 towers, according to its latest annual report. Indonesia’s government holds roughly 52% Telkom through the nation’s sovereign wealth fund Danantara. Tower Bersama, established in 2004 and listed on the Jakarta stock exchange six years later, has more 23,000 telecom sites, according to its website. The company is majority-owned by Bersama Digital Infrastructure Asia Pte, a platform controlled by Provident Capital and PT Saratoga Investama Sedaya. Macquarie Group Ltd.’s asset management arm also holds a significant minority stake in Bersama Digital after it invested around $610 million in 2022. Considerations about a potential merger of Mitratel and Bersama are at an early stage and there’s no certainty there will be a deal, the people said. Representatives for Tower Bersama, Mitratel and Danantara didn’t reply to requests for comment, while Telkom declined to comment.
お知らせ • May 05PT Tower Bersama Infrastructure Tbk, Annual General Meeting, Jun 10, 2025PT Tower Bersama Infrastructure Tbk, Annual General Meeting, Jun 10, 2025.
Reported Earnings • Nov 02Third quarter 2024 earnings released: EPS: Rp19.35 (vs Rp18.96 in 3Q 2023)Third quarter 2024 results: EPS: Rp19.35 (up from Rp18.96 in 3Q 2023). Revenue: Rp1.71t (up 2.4% from 3Q 2023). Net income: Rp436.6b (up 1.6% from 3Q 2023). Profit margin: 26% (in line with 3Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Aug 03Second quarter 2024 earnings released: EPS: Rp16.84 (vs Rp15.75 in 2Q 2023)Second quarter 2024 results: EPS: Rp16.84 (up from Rp15.75 in 2Q 2023). Revenue: Rp1.71t (up 2.9% from 2Q 2023). Net income: Rp381.0b (up 6.8% from 2Q 2023). Profit margin: 22% (in line with 2Q 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Price Target Changed • Jul 05Price target decreased by 8.7% to Rp2,066Down from Rp2,261, the current price target is an average from 14 analysts. New target price is 9.9% above last closing price of Rp1,880. Stock is down 6.0% over the past year. The company is forecast to post earnings per share of Rp73.99 for next year compared to Rp69.11 last year.
Reported Earnings • May 07First quarter 2024 earnings released: EPS: Rp15.45 (vs Rp14.81 in 1Q 2023)First quarter 2024 results: EPS: Rp15.45 (up from Rp14.81 in 1Q 2023). Revenue: Rp1.70t (up 5.4% from 1Q 2023). Net income: Rp349.8b (up 5.4% from 1Q 2023). Profit margin: 21% (in line with 1Q 2023). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Apr 20Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from Rp88.17 to Rp73.96 per share. Revenue forecast steady at Rp6.90b. Net income forecast to grow 7.6% next year vs 8.3% growth forecast for Telecom industry in Indonesia. Consensus price target broadly unchanged at Rp2,260. Share price fell 6.4% to Rp1,750 over the past week.
Reported Earnings • Apr 02Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: Rp69.11 (down from Rp73.44 in FY 2022). Revenue: Rp6.64t (up 1.8% from FY 2022). Net income: Rp1.56t (down 4.7% from FY 2022). Profit margin: 24% (down from 25% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.2%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Jan 22Now 24% overvaluedOver the last 90 days, the stock has fallen 4.4% to Rp1,960. The fair value is estimated to be Rp1,578, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 22% in the next 2 years.
Reported Earnings • Nov 30Third quarter 2023 earnings released: EPS: Rp18.96 (vs Rp17.51 in 3Q 2022)Third quarter 2023 results: EPS: Rp18.96 (up from Rp17.51 in 3Q 2022). Revenue: Rp1.67t (up 3.4% from 3Q 2022). Net income: Rp429.6b (up 8.3% from 3Q 2022). Profit margin: 26% (up from 25% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year.
Price Target Changed • Sep 06Price target decreased by 9.4% to Rp2,155Down from Rp2,378, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of Rp2,060. Stock is down 30% over the past year. The company is forecast to post earnings per share of Rp73.83 for next year compared to Rp73.44 last year.
Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: Rp15.75 (vs Rp18.36 in 2Q 2022)Second quarter 2023 results: EPS: Rp15.75 (down from Rp18.36 in 2Q 2022). Revenue: Rp1.66t (flat on 2Q 2022). Net income: Rp356.8b (down 13% from 2Q 2022). Profit margin: 22% (down from 25% in 2Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year.
Price Target Changed • Jun 15Price target decreased by 7.2% to Rp2,584Down from Rp2,784, the current price target is an average from 14 analysts. New target price is 24% above last closing price of Rp2,080. Stock is down 29% over the past year. The company is forecast to post earnings per share of Rp78.43 for next year compared to Rp73.44 last year.
Buying Opportunity • Nov 28Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be Rp2,948, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 19% in the next 2 years.
Reported Earnings • Nov 25Third quarter 2022 earnings released: EPS: Rp17.50 (vs Rp20.02 in 3Q 2021)Third quarter 2022 results: EPS: Rp17.50 (down from Rp20.02 in 3Q 2021). Revenue: Rp1.62t (up 1.8% from 3Q 2021). Net income: Rp396.7b (down 5.0% from 3Q 2021). Profit margin: 25% (down from 26% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 30% per year.
Board Change • Nov 16No independent directorsFollowing 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 Heri Sunaryadi 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.
Reported Earnings • Sep 15Second quarter 2022 earnings released: EPS: Rp17.75 (vs Rp17.74 in 2Q 2021)Second quarter 2022 results: EPS: Rp17.75 (up from Rp17.74 in 2Q 2021). Revenue: Rp1.66t (up 7.3% from 2Q 2021). Net income: Rp410.9b (up 3.4% from 2Q 2021). Profit margin: 25% (in line with 2Q 2021). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Telecom industry in Indonesia. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 34% per year.
Major Estimate Revision • Jun 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from Rp77.51 to Rp89.46. Revenue forecast steady at Rp6.80b. Net income forecast to grow 6.0% next year vs 6.6% growth forecast for Telecom industry in Indonesia. Consensus price target broadly unchanged at Rp3,136. Share price rose 5.7% to Rp2,950 over the past week.
Reported Earnings • May 27First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: Rp19.91 (up from Rp12.75 in 1Q 2021). Revenue: Rp1.64t (up 15% from 1Q 2021). Net income: Rp415.3b (up 56% from 1Q 2021). Profit margin: 25% (up from 19% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Over the next year, revenue is forecast to grow 7.1%, compared to a 8.0% growth forecast for the industry in Indonesia. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Commissioner Ludovicus Wondabio was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Dec 10Third quarter 2021 earnings: EPS and revenues exceed analyst expectationsThird quarter 2021 results: EPS: Rp20.02 (up from Rp11.36 in 3Q 2020). Revenue: Rp1.59t (up 17% from 3Q 2020). Net income: Rp417.7b (up 76% from 3Q 2020). Profit margin: 26% (up from 17% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 10.0%, compared to a 4.3% growth forecast for the industry in Indonesia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Sep 06Second quarter 2021 earnings released: EPS Rp19.05 (vs Rp13.51 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Rp1.55t (up 18% from 2Q 2020). Net income: Rp397.4b (up 41% from 2Q 2020). Profit margin: 26% (up from 21% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.
Price Target Changed • Jul 02Price target increased to Rp2,793Up from Rp2,602, the current price target is an average from 16 analysts. New target price is 12% below last closing price of Rp3,190. Stock is up 195% over the past year.
Price Target Changed • Jun 09Price target increased to Rp2,426Up from Rp2,190, the current price target is an average from 14 analysts. New target price is 21% below last closing price of Rp3,090. Stock is up 182% over the past year.
Reported Earnings • Jun 08First quarter 2021 earnings released: EPS Rp12.75 (vs Rp10.96 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: Rp1.42t (up 13% from 1Q 2020). Net income: Rp265.9b (up 16% from 1Q 2020). Profit margin: 19% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings.
Price Target Changed • Jun 03Price target increased to Rp2,218Up from Rp2,062, the current price target is an average from 16 analysts. New target price is 21% below last closing price of Rp2,810. Stock is up 153% over the past year.
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to Rp2,810, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 17x in the Telecom industry in Asia. Total returns to shareholders of 202% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp3,666 per share.
Major Estimate Revision • May 04Consensus EPS estimates increase to Rp69.36The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from Rp5.80b to Rp6.07b. EPS estimate increased from Rp60.98 to Rp69.36 per share. Net income forecast to grow 45% next year vs 17% growth forecast for Telecom industry in Indonesia. Consensus price target up from Rp1,878 to Rp2,062. Share price was steady at Rp2,700 over the past week.
Price Target Changed • May 02Price target increased to Rp2,031Up from Rp1,878, the current price target is an average from 16 analysts. New target price is 27% below last closing price of Rp2,790. Stock is up 133% over the past year.
Reported Earnings • May 01Full year 2020 earnings released: EPS Rp48.40 (vs Rp39.26 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: Rp5.33t (up 13% from FY 2019). Net income: Rp1.01t (up 23% from FY 2019). Profit margin: 19% (up from 17% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improved over the past weekAfter last week's 17% share price gain to Rp2,480, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 18x in the Telecom industry in Asia. Total returns to shareholders of 153% over the past three years.
Valuation Update With 7 Day Price Move • Feb 08Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to Rp2,250, the stock is trading at a trailing P/E ratio of 49.2x, down from the previous P/E ratio of 59x. This compares to an average P/E of 25x in the Telecom industry in Indonesia. Total returns to shareholders over the past three years are 114%.
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improved over the past weekAfter last week's 20% share price gain to Rp2,010, the stock is trading at a trailing P/E ratio of 43.9x, up from the previous P/E ratio of 36.7x. This compares to an average P/E of 24x in the Telecom industry in Indonesia. Total returns to shareholders over the past three years are 75%.
Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to Rp1,870, the stock is trading at a trailing P/E ratio of 40.8x, up from the previous P/E ratio of 35.3x. This compares to an average P/E of 25x in the Telecom industry in Indonesia. Total returns to shareholders over the past three years are 59%.
Is New 90 Day High Low • Jan 18New 90-day high: Rp1,870The company is up 29% from its price of Rp1,450 on 21 October 2020. The Indonesian market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp2,017 per share.
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improved over the past weekAfter last week's 15% share price gain to Rp1,730, the stock is trading at a trailing P/E ratio of 37.8x, up from the previous P/E ratio of 32.8x. This compares to an average P/E of 23x in the Telecom industry in Indonesia. Total returns to shareholders over the past three years are 49%.
Is New 90 Day High Low • Dec 21New 90-day high: Rp1,635The company is up 22% from its price of Rp1,340 on 23 September 2020. The Indonesian market is up 23% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Telecom industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp2,164 per share.
Is New 90 Day High Low • Dec 04New 90-day high: Rp1,535The company is up 20% from its price of Rp1,275 on 04 September 2020. The Indonesian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp1,505 per share.
Is New 90 Day High Low • Nov 07New 90-day high: Rp1,505The company is up 18% from its price of Rp1,275 on 07 August 2020. The Indonesian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp1,505 per share.
Analyst Estimate Surprise Post Earnings • Oct 27Third-quarter earnings released: Earnings miss expectationsEarnings per share (EPS) missed analyst estimates by 23% at Rp11.36. Revenue is forecast to grow 6.7% over the next year, compared to a 4.0% growth forecast for the Telecom industry in Indonesia.
Reported Earnings • Oct 27Third quarter earnings releasedOver the last 12 months the company has reported total profits of Rp955.0b, up 42% from the prior year. Total revenue was Rp5.17t over the last 12 months, up 12% from the prior year.
Is New 90 Day High Low • Oct 15New 90-day high: Rp1,450The company is up 29% from its price of Rp1,125 on 17 July 2020. The Indonesian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp1,449 per share.
Is New 90 Day High Low • Sep 23New 90-day high: Rp1,340The company is up 18% from its price of Rp1,140 on 25 June 2020. The Indonesian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp1,074 per share.
