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Indonesian (IDX) Telecom Sector Analysis

UpdatedDec 11, 2024
DataAggregated Company Financials
Companies43
  • 7D1.1%
  • 3M-10.1%
  • 1Y-6.5%
  • YTD-7.9%

Elang Mahkota Teknologi is up 13%, leading the way for the Telecom industry, which has gained 1.1%. However, the industry is down 6.5% over the past year. Looking forward, earnings are forecast to grow by 9.6% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 12 Dec 2024Rp873.8tRp366.2tRp38.2t21.6x22.9x2.4x
Sat, 09 Nov 2024Rp910.0tRp368.1tRp40.3t22.7x22.6x2.5x
Mon, 07 Oct 2024Rp949.3tRp368.0tRp40.7t20.7x23.3x2.6x
Wed, 04 Sep 2024Rp948.3tRp369.0tRp41.8t19.6x22.7x2.6x
Fri, 02 Aug 2024Rp858.0tRp369.4tRp41.5t21.7x20.7x2.3x
Sun, 30 Jun 2024Rp865.8tRp367.0tRp42.5t22.3x20.4x2.4x
Tue, 28 May 2024Rp851.8tRp367.0tRp42.3t20.7x20.1x2.3x
Thu, 25 Apr 2024Rp865.4tRp365.5tRp41.2t24.5x21x2.4x
Sat, 23 Mar 2024Rp958.3tRp373.1tRp39.4t26.3x24.4x2.6x
Mon, 19 Feb 2024Rp991.2tRp373.1tRp39.4t23.3x25.2x2.7x
Wed, 17 Jan 2024Rp995.0tRp368.7tRp38.8t27.6x25.6x2.7x
Fri, 15 Dec 2023Rp975.9tRp368.4tRp40.5t26.3x24.1x2.6x
Sun, 12 Nov 2023Rp917.0tRp368.0tRp41.0t26.9x22.4x2.5x
Tue, 10 Oct 2023Rp957.6tRp368.7tRp41.3t27.7x23.2x2.6x
Thu, 07 Sep 2023Rp977.7tRp368.9tRp41.5t31.1x23.6x2.7x
Sat, 05 Aug 2023Rp954.3tRp370.0tRp42.0t25.9x22.7x2.6x
Mon, 03 Jul 2023Rp958.6tRp364.1tRp44.1t26.3x21.8x2.6x
Wed, 31 May 2023Rp951.5tRp364.3tRp44.6t24.6x21.3x2.6x
Fri, 28 Apr 2023Rp960.0tRp360.1tRp48.3t18.9x19.9x2.7x
Sun, 26 Mar 2023Rp926.0tRp356.9tRp55.8t18.4x16.6x2.6x
Tue, 21 Feb 2023Rp945.1tRp351.9tRp55.9t16.4x16.9x2.7x
Thu, 19 Jan 2023Rp945.6tRp342.1tRp55.8t16.9x16.9x2.8x
Sat, 17 Dec 2022Rp939.1tRp341.8tRp55.9t16.7x16.8x2.7x
Mon, 14 Nov 2022Rp1055.5tRp337.1tRp53.4t19.8x19.8x3.1x
Wed, 12 Oct 2022Rp1076.9tRp334.7tRp53.6t19.3x20.1x3.2x
Fri, 09 Sep 2022Rp1150.4tRp334.6tRp53.8t19.8x21.4x3.4x
Sun, 07 Aug 2022Rp1172.8tRp331.8tRp55.4t19.9x21.2x3.5x
Tue, 05 Jul 2022Rp1020.4tRp321.8tRp58.1t18.1x17.6x3.2x
Thu, 02 Jun 2022Rp1063.7tRp319.6tRp57.0t17.2x18.7x3.3x
Sat, 30 Apr 2022Rp1183.9tRp314.0tRp48.8t20.1x24.3x3.8x
Mon, 28 Mar 2022Rp1118.0tRp311.8tRp46.4t19.5x24.1x3.6x
Wed, 23 Feb 2022Rp1098.6tRp309.3tRp43.0t19.4x25.6x3.6x
Fri, 21 Jan 2022Rp999.8tRp309.3tRp43.6t18.7x22.9x3.2x
Sun, 19 Dec 2021Rp1013.1tRp308.1tRp43.5t21.3x23.3x3.3x
Price to Earnings Ratio

23.3x


Total Market Cap: Rp1013.1tTotal Earnings: Rp43.5tTotal Revenue: Rp308.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Telecom Sector Price to Earnings3Y Average 21.6x202220232024
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 2.8x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 4.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.9% 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 Market4.44%
Telecom1.14%
Media12.02%
Interactive Media and Services7.55%
Wireless Telecom0.65%
Telecom Services and Carriers0.24%
Entertainment0.19%
Industry PE
  • Investors are most optimistic about the Entertainment industry even though it's trading below its 3-year average PE ratio of 372x.
    • Analysts are expecting annual earnings growth of 35.6%, 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 36% 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 7.1% 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
MTEL Dayamitra TelekomunikasiRp680.009.7%
+Rp4.9t
-5.6%PE26.4x
EMTK Elang Mahkota TeknologiRp600.0011.1%
+Rp3.7t
8.1%PE79x
SCMA Surya Citra MediaRp180.0029.5%
+Rp2.6t
21.6%PE18.8x
FILM PT.MD EntertainmentRp3.79k5.9%
+Rp2.1t
1.3%PE331.5x
TLKM Perusahaan Perseroan (Persero) PT Telekomunikasi IndonesiaRp2.86k0.7%
+Rp2.0t
-27.0%PE12.5x
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Latest News

FREN

Rp25.00

Smartfren Telecom

7D

4.2%

1Y

-50.0%

MORA

Rp372.00

Mora Telematika Indonesia

7D

-3.1%

1Y

-19.8%

BALI

Rp1,520.00

Bali Towerindo Sentra

7D

10.9%

1Y

86.5%

EMTK

Rp600.00

Elang Mahkota Teknologi

7D

11.1%

1Y

8.1%

MSIN

Rp935.00

MNC Digital Entertainment

7D

-1.1%

1Y

56.4%

FORU

Rp4,450.00

Fortune Indonesia

7D

-6.3%

1Y

3,056.0%

FILM

Rp3,790.00

PT.MD Entertainment

7D

5.9%

1Y

1.3%

BHIT

Rp37.00

MNC Asia Holding

7D

-2.6%

1Y

-26.0%

RAAM

Rp354.00

Tripar Multivision Plus

7D

-3.8%

1Y

-45.1%

SCMA

Rp180.00

Surya Citra Media

7D

29.5%

1Y

21.6%

IBST

Rp5,075.00

Inti Bangun Sejahtera

7D

-1.9%

1Y

n/a

MTEL

Rp680.00

Dayamitra Telekomunikasi

7D

9.7%

1Y

-5.6%

CNMA

Rp179.00

Nusantara Sejahtera Raya

7D

-2.2%

1Y

-34.2%

DNET

Rp9,100.00

Indoritel Makmur Internasional

7D

0.3%

1Y

99.1%