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Indonesian (IDX) Telecom Sector Analysis

UpdatedNov 30, 2023
DataAggregated Company Financials
Companies43
  • 7D2.8%
  • 3M-1.7%
  • 1Y-8.4%
  • YTD-3.3%

The Telecom industry is up 2.8% in the last week, with Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia up 3.0%. In the past year, the industry is down 8.9%. Looking forward, earnings are forecast to grow by 17% annually.

Sector Valuation and Performance

Has the Indonesian Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Dec 2023Rp964.5tRp368.6tRp41.0t27.7x23.5x2.6x
Sun, 29 Oct 2023Rp906.5tRp368.7tRp41.2t26.4x22x2.5x
Tue, 26 Sep 2023Rp965.1tRp368.8tRp41.4t28x23.3x2.6x
Thu, 24 Aug 2023Rp975.2tRp368.9tRp41.5t30.8x23.5x2.6x
Sat, 22 Jul 2023Rp949.5tRp364.1tRp44.1t26.5x21.6x2.6x
Mon, 19 Jun 2023Rp959.2tRp364.2tRp44.5t26.2x21.5x2.6x
Wed, 17 May 2023Rp930.3tRp364.3tRp44.2t23.8x21.1x2.6x
Fri, 14 Apr 2023Rp961.8tRp360.0tRp46.9t18.5x20.5x2.7x
Sun, 12 Mar 2023Rp943.5tRp356.7tRp56.0t18.4x16.9x2.6x
Tue, 07 Feb 2023Rp950.9tRp351.9tRp55.9t16.2x17x2.7x
Thu, 05 Jan 2023Rp956.2tRp342.1tRp55.8t16.9x17.1x2.8x
Sat, 03 Dec 2022Rp1002.5tRp341.9tRp55.9t18.4x17.9x2.9x
Mon, 31 Oct 2022Rp1075.6tRp335.1tRp50.5t19.6x21.3x3.2x
Wed, 28 Sep 2022Rp1112.9tRp334.7tRp53.6t22.7x20.8x3.3x
Fri, 26 Aug 2022Rp1147.9tRp332.8tRp53.9t20.5x21.3x3.4x
Sun, 24 Jul 2022Rp1093.5tRp321.9tRp58.1t19x18.8x3.4x
Tue, 21 Jun 2022Rp1027.2tRp321.2tRp58.4t17.8x17.6x3.2x
Thu, 19 May 2022Rp1064.1tRp319.6tRp52.4t20x20.3x3.3x
Sat, 16 Apr 2022Rp1145.0tRp312.7tRp47.2t21.3x24.3x3.7x
Mon, 14 Mar 2022Rp1145.0tRp311.3tRp46.4t19.8x24.7x3.7x
Wed, 09 Feb 2022Rp1032.4tRp309.3tRp42.8t20.8x24.1x3.3x
Fri, 07 Jan 2022Rp1027.7tRp309.1tRp43.6t105.6x23.6x3.3x
Sun, 05 Dec 2021Rp994.4tRp307.8tRp43.2t21.7x23x3.2x
Tue, 02 Nov 2021Rp904.6tRp296.6tRp41.5t19.8x21.8x3.1x
Thu, 30 Sep 2021Rp867.1tRp294.5tRp41.3t20.9x21x2.9x
Sat, 28 Aug 2021Rp860.9tRp294.4tRp41.5t19.5x20.8x2.9x
Sun, 04 Jul 2021Rp865.2tRp294.4tRp41.5t16.2x20.9x2.9x
Wed, 07 Apr 2021Rp803.7tRp286.5tRp34.2t16.8x23.5x2.8x
Sat, 09 Jan 2021Rp735.3tRp283.9tRp31.5t25x23.3x2.6x
Price to Earnings Ratio

20.2x


Total Market Cap: Rp662.3tTotal Earnings: Rp32.8tTotal Revenue: Rp279.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Telecom Sector Price to Earnings3Y Average 21.6x202120222023
Current Industry PE
  • Investors are relatively neutral on the Indonesian Communication Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 21.6x.
  • The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 7.7% per year over the last three years.
  • Revenues for these companies have grown 9.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indonesian Telecom sector?

ID Market2.24%
Telecom2.83%
Interactive Media and Services5.42%
Entertainment4.45%
Wireless Telecom3.89%
Media3.59%
Telecom Services and Carriers2.30%
Industry PE
  • Investors are most optimistic about the Entertainment industry even though it's trading below its 3-year average PE ratio of 321x.
    • Analysts are expecting annual earnings growth of 55.1%, which is higher than its past year's earnings decline of 18.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Media industry, expecting annual earnings growth of 56% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 10% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TLKM Perusahaan Perseroan (Persero) PT Telekomunikasi IndonesiaRp3.76k4.4%
+Rp15.8t
-5.1%PE15.7x
ISAT Indosat Ooredoo HutchisonRp9.53k2.7%
+Rp2.0t
62.8%PE20.1x
MTEL Dayamitra TelekomunikasiRp720.002.9%
+Rp1.7t
-2.7%PE31.1x
FILM MD PicturesRp3.74k4.8%
+Rp1.6t
57.8%PE363.1x
BLTZ Graha Layar PrimaRp3.78k91.4%
+Rp1.6t
113.6%PS3.1x
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Latest News

RAAM

Rp650.00

Tripar Multivision Plus

7D

-3.7%

1Y

n/a

FUTR

Rp50.00

Lini Imaji Kreasi Ekosistem

7D

-16.7%

1Y

n/a

KETR

Rp258.00

Ketrosden Triasmitra

7D

-3.0%

1Y

5.7%

FILM

Rp3,740.00

MD Pictures

7D

4.8%

1Y

57.8%

TOWR

Rp1,000.00

Sarana Menara Nusantara

7D

3.1%

1Y

-13.0%

BMTR

Rp260.00

Global Mediacom

7D

-1.5%

1Y

-12.2%

MORA

Rp454.00

Mora Telematika Indonesia

7D

-0.9%

1Y

-18.2%

DNET

Rp4,750.00

Indoritel Makmur Internasional

7D

2.4%

1Y

28.4%

CENT

Rp62.00

Centratama Telekomunikasi Indonesia

7D

-3.1%

1Y

-54.7%

TLKM

Rp3,760.00

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

7D

4.4%

1Y

-5.1%

BLTZ

Rp3,780.00

Graha Layar Prima

7D

91.4%

1Y

113.6%

DOOH

Rp104.00

Era Media Sejahtera

7D

-11.1%

1Y

n/a

FREN

Rp51.00

Smartfren Telecom

7D

-3.8%

1Y

-28.2%

ISAT

Rp9,525.00

Indosat Ooredoo Hutchison

7D

2.7%

1Y

62.8%

EMTK

Rp645.00

Elang Mahkota Teknologi

7D

3.2%

1Y

-49.0%

MTEL

Rp720.00

Dayamitra Telekomunikasi

7D

2.9%

1Y

-2.7%