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Indonesian (IDX) Telecom Sector Analysis

UpdatedFeb 22, 2025
DataAggregated Company Financials
Companies45
  • 7D2.6%
  • 3M-2.1%
  • 1Y-12.6%
  • YTD-1.5%

Over the last 7 days, the Telecom industry has risen 4.3%, driven by gains from Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia of 4.7%. Meanwhile, MNC Digital Entertainment actually underperformed within the industry, shrinking 20% in the last week. However, the industry is down 13% over the past year. Earnings are forecast to grow by 9.0% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 22 Feb 2025Rp886.3tRp369.3tRp36.9t24.2x24x2.4x
Mon, 20 Jan 2025Rp837.1tRp367.9tRp37.7t20.4x22.2x2.3x
Wed, 18 Dec 2024Rp851.5tRp367.2tRp38.5t19.7x22.1x2.3x
Fri, 15 Nov 2024Rp873.3tRp367.1tRp39.2t22.4x22.3x2.4x
Sun, 13 Oct 2024Rp959.9tRp368.3tRp40.8t21.8x23.5x2.6x
Tue, 10 Sep 2024Rp1023.8tRp369.0tRp41.8t21.1x24.5x2.8x
Thu, 08 Aug 2024Rp843.9tRp369.5tRp42.0t19.3x20.1x2.3x
Sat, 06 Jul 2024Rp850.3tRp367.0tRp42.5t23.4x20x2.3x
Mon, 03 Jun 2024Rp839.8tRp367.0tRp42.3t21.5x19.8x2.3x
Wed, 01 May 2024Rp872.9tRp365.5tRp41.2t25.6x21.2x2.4x
Fri, 29 Mar 2024Rp915.1tRp372.6tRp40.2t25.3x22.7x2.5x
Sun, 25 Feb 2024Rp990.0tRp373.1tRp39.4t25.1x25.1x2.7x
Tue, 23 Jan 2024Rp994.0tRp368.7tRp38.8t27.5x25.6x2.7x
Thu, 21 Dec 2023Rp974.9tRp368.4tRp40.5t26.2x24.1x2.6x
Sat, 18 Nov 2023Rp927.5tRp368.0tRp41.0t26.4x22.6x2.5x
Mon, 16 Oct 2023Rp967.3tRp368.7tRp41.3t27.7x23.4x2.6x
Wed, 13 Sep 2023Rp977.5tRp368.9tRp41.5t31.2x23.6x2.6x
Fri, 11 Aug 2023Rp970.9tRp368.9tRp41.6t29.7x23.4x2.6x
Sun, 09 Jul 2023Rp966.1tRp364.1tRp44.1t26.2x21.9x2.7x
Tue, 06 Jun 2023Rp941.0tRp364.3tRp44.6t22.2x21.1x2.6x
Thu, 04 May 2023Rp936.8tRp361.7tRp44.1t19.5x21.3x2.6x
Sat, 01 Apr 2023Rp933.2tRp356.5tRp53.2t19.6x17.6x2.6x
Mon, 27 Feb 2023Rp966.2tRp356.4tRp55.8t17.4x17.3x2.7x
Wed, 25 Jan 2023Rp939.5tRp342.1tRp55.8t16.1x16.8x2.7x
Fri, 23 Dec 2022Rp950.0tRp342.1tRp55.8t16.5x17x2.8x
Sun, 20 Nov 2022Rp1027.1tRp337.1tRp53.4t19.2x19.2x3x
Tue, 18 Oct 2022Rp1054.0tRp334.7tRp53.6t19.3x19.7x3.1x
Thu, 15 Sep 2022Rp1124.0tRp334.6tRp53.6t23.3x21x3.4x
Sat, 13 Aug 2022Rp1166.7tRp332.2tRp55.5t20.9x21x3.5x
Mon, 11 Jul 2022Rp1031.2tRp321.8tRp58.1t18.1x17.8x3.2x
Wed, 08 Jun 2022Rp1042.1tRp321.2tRp58.0t16.9x18x3.2x
Fri, 06 May 2022Rp1202.3tRp317.5tRp48.8t20.1x24.7x3.8x
Sun, 03 Apr 2022Rp1129.6tRp311.7tRp46.4t19.7x24.3x3.6x
Tue, 01 Mar 2022Rp1113.5tRp310.9tRp46.1t18.7x24.1x3.6x
Price to Earnings Ratio

24.1x


Total Market Cap: Rp1113.5tTotal Earnings: Rp46.1tTotal Revenue: Rp310.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Telecom Sector Price to Earnings3Y Average 21.5x202320242025
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 21.5x.
  • The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 8.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.7% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

ID Market3.40%
Telecom2.60%
Media5.15%
Telecom Services and Carriers4.23%
Wireless Telecom0.43%
Entertainment-5.95%
Interactive Media and Services-24.23%
Industry PE
  • Investors are most optimistic about the Entertainment industry even though it's trading below its 3-year average PE ratio of 269x.
    • Analysts are expecting annual earnings growth of 28.6%, which is lower than the prior year's growth of 75.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 29% over the next 5 years.
  • However this is lower than its past earnings growth rate of 75% per year.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 7.2% 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 IndonesiaRp2.65k4.7%
+Rp11.9t
-35.4%PE11.6x
DNET Indoritel Makmur InternasionalRp9.73k5.7%
+Rp7.4t
117.1%PE158.6x
FILM PT.MD EntertainmentRp4.25k6.8%
+Rp2.7t
-8.6%PE371.8x
MORA Mora Telematika IndonesiaRp462.0026.2%
+Rp2.3t
-2.1%PE39.3x
DATA Remala AbadiRp2.12k131.7%
+Rp1.7t
n/aPE50.9x
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Latest News

CNMA

Rp145.00

Nusantara Sejahtera Raya

7D

-2.7%

1Y

-39.6%

MORA

Rp462.00

Mora Telematika Indonesia

7D

26.2%

1Y

-2.1%

NETV

Rp157.00

Net Visi Media

7D

-1.9%

1Y

45.4%

BALI

Rp1,500.00

Bali Towerindo Sentra

7D

-0.7%

1Y

25.0%

DATA

Rp2,120.00

Remala Abadi

7D

131.7%

1Y

n/a

WIFI

Rp2,330.00

Solusi Sinergi Digital

7D

29.4%

1Y

1,474.3%

EMTK

Rp640.00

Elang Mahkota Teknologi

7D

3.2%

1Y

35.6%

MSIN

Rp535.00

MNC Digital Entertainment

7D

-20.1%

1Y

-8.1%

FILM

Rp4,250.00

PT.MD Entertainment

7D

6.8%

1Y

-8.6%

TOWR

Rp595.00

Sarana Menara Nusantara

7D

-3.3%

1Y

-36.0%

DNET

Rp9,725.00

Indoritel Makmur Internasional

7D

5.7%

1Y

117.1%

AWAN

Rp300.00

Era Digital Media

7D

-26.1%

1Y

4.2%