Indonesian (IDX) Telecom Sector Analysis
- 7D1.7%
- 3M7.6%
- 1Y38.1%
- YTD19.7%
Over the last 7 days, the Telecom industry has risen 1.7%, driven by gains from Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia of 4.0%. Meanwhile, Smartfren Telecom actually underperformed within the industry, shrinking 6.3% in the last week. This takes the industry's 12 month performance to a gain of 38%.
Sector Valuation and Performance
Has the Indonesian Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 04 Dec 2021 | Rp992.6t | Rp307.9t | Rp43.1t | 21.2x |
| Mon, 01 Nov 2021 | Rp904.6t | Rp296.6t | Rp41.5t | 19.4x |
| Wed, 29 Sep 2021 | Rp868.7t | Rp294.5t | Rp41.3t | 20.1x |
| Fri, 27 Aug 2021 | Rp860.9t | Rp294.4t | Rp41.5t | 19.5x |
| Sat, 03 Jul 2021 | Rp865.2t | Rp294.4t | Rp41.5t | 16.2x |
| Tue, 06 Apr 2021 | Rp803.7t | Rp286.5t | Rp34.2t | 16.8x |
| Fri, 08 Jan 2021 | Rp735.3t | Rp283.9t | Rp31.5t | 25x |
| Thu, 01 Oct 2020 | Rp572.5t | Rp279.8t | Rp32.8t | 12.8x |
| Sun, 05 Jul 2020 | Rp618.3t | Rp281.2t | Rp31.0t | 19.3x |
| Wed, 08 Apr 2020 | Rp585.1t | Rp282.1t | Rp28.7t | 22.4x |
| Tue, 31 Dec 2019 | Rp746.7t | Rp282.7t | Rp29.9t | 29.8x |
| Fri, 04 Oct 2019 | Rp778.4t | Rp277.6t | Rp17.9t | 39.6x |
| Mon, 08 Jul 2019 | Rp783.0t | Rp272.7t | Rp14.3t | 20.1x |
| Sun, 31 Mar 2019 | Rp753.7t | Rp266.6t | Rp10.8t | 23.4x |
| Wed, 02 Jan 2019 | Rp675.3t | Rp261.4t | Rp8.5t | 28.7x |
28.7x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 23.6x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Communication Services industry have grown 31% per year over the last three years, and revenues for these companies have grown 5.9% 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?
| Entertainment | 4.43% | |
| Wireless Telecom | 3.17% | |
| Telecom Services and Carriers | 1.78% | |
| Media | 0.47% | |
| Interactive Media and Services | -20.64% | |
Industry PE: Investors are most optimistic about the Entertainment industry even though it's trading below its 3-year average PE ratio of 70.8x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Wireless Telecom industry, which is trading below its 3-year average of 57.6x.
Forecasted Growth: Analysts are most optimistic on the Wireless Telecom industry, expecting annual earnings growth of 19% over the next 5 years. Meanwhile, the Media industry is expected to see its earnings grow by 5.6% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| TLKM Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia | 1.5%+Rp5.9t | 25.2% | PE17.5x | |
| EMTK Elang Mahkota Teknologi | 3.8%+Rp4.2t | 118.1% | PE56.1x | |
| MSIN MNC Studios International | 49.0%+Rp2.7t | 374.0% | PE32.4x | |
| ISAT Indosat | 5.4%+Rp2.2t | 202.3% | PE7.6x | |
| EXCL XL Axiata | 6.4%+Rp2.0t | 28.2% | PS1.3x |