Indonesian (IDX) Telecom Sector Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies44
- 7D-4.4%
- 3M-12.6%
- 1Y-13.0%
- YTD-11.6%
Over the last 7 days, the Telecom industry has dropped 4.4%, driven by Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia declining 6.7%. In contrast, MD Pictures has gained 9.3%. Overall the industry is down 13% in 12 months. As for the next few years, earnings are expected to grow by 14% per annum.
Sector Valuation and Performance
Has the Indonesian Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | Rp879.9t | Rp364.1t | Rp41.5t | 25.7x | 21.2x | 2.4x |
| Sun, 17 Mar 2024 | Rp967.4t | Rp373.3t | Rp39.4t | 26.1x | 24.6x | 2.6x |
| Tue, 13 Feb 2024 | Rp981.8t | Rp372.3t | Rp39.4t | 26.7x | 24.9x | 2.6x |
| Thu, 11 Jan 2024 | Rp993.8t | Rp368.7t | Rp38.8t | 29.1x | 25.6x | 2.7x |
| Sat, 09 Dec 2023 | Rp971.8t | Rp368.5t | Rp40.6t | 26.7x | 23.9x | 2.6x |
| Mon, 06 Nov 2023 | Rp908.8t | Rp368.0t | Rp41.0t | 26.7x | 22.2x | 2.5x |
| Wed, 04 Oct 2023 | Rp957.5t | Rp368.8t | Rp41.4t | 28.3x | 23.1x | 2.6x |
| Fri, 01 Sep 2023 | Rp980.3t | Rp368.9t | Rp41.5t | 31.3x | 23.6x | 2.7x |
| Sun, 30 Jul 2023 | Rp933.6t | Rp364.7t | Rp43.2t | 26.3x | 21.6x | 2.6x |
| Tue, 27 Jun 2023 | Rp953.6t | Rp364.1t | Rp44.1t | 29.2x | 21.6x | 2.6x |
| Thu, 25 May 2023 | Rp932.6t | Rp364.3t | Rp44.6t | 27x | 20.9x | 2.6x |
| Sat, 22 Apr 2023 | Rp957.0t | Rp360.1t | Rp48.3t | 18.9x | 19.8x | 2.7x |
| Mon, 20 Mar 2023 | Rp927.9t | Rp356.7t | Rp55.7t | 20.2x | 16.6x | 2.6x |
| Wed, 15 Feb 2023 | Rp937.9t | Rp351.9t | Rp55.9t | 16.3x | 16.8x | 2.7x |
| Fri, 13 Jan 2023 | Rp941.6t | Rp342.1t | Rp55.8t | 16.7x | 16.9x | 2.8x |
| Sun, 11 Dec 2022 | Rp942.6t | Rp341.8t | Rp55.9t | 16.9x | 16.9x | 2.8x |
| Tue, 08 Nov 2022 | Rp1062.9t | Rp336.4t | Rp53.3t | 20.8x | 19.9x | 3.2x |
| Thu, 06 Oct 2022 | Rp1103.5t | Rp334.7t | Rp53.6t | 19.4x | 20.6x | 3.3x |
| Sat, 03 Sep 2022 | Rp1139.6t | Rp334.3t | Rp54.0t | 20.1x | 21.1x | 3.4x |
| Mon, 01 Aug 2022 | Rp1100.1t | Rp323.3t | Rp58.9t | 18.9x | 18.7x | 3.4x |
| Wed, 29 Jun 2022 | Rp1035.2t | Rp321.8t | Rp58.1t | 18.4x | 17.8x | 3.2x |
| Fri, 27 May 2022 | Rp1039.9t | Rp319.8t | Rp52.4t | 19.5x | 19.9x | 3.3x |
| Sun, 24 Apr 2022 | Rp1175.4t | Rp314.0t | Rp48.8t | 18.5x | 24.1x | 3.7x |
| Tue, 22 Mar 2022 | Rp1137.0t | Rp311.6t | Rp46.2t | 19.6x | 24.6x | 3.6x |
| Thu, 17 Feb 2022 | Rp1060.5t | Rp309.3t | Rp43.0t | 20.2x | 24.7x | 3.4x |
| Sat, 15 Jan 2022 | Rp999.2t | Rp309.3t | Rp43.6t | 18.7x | 22.9x | 3.2x |
| Mon, 13 Dec 2021 | Rp1021.3t | Rp308.1t | Rp43.5t | 21.4x | 23.5x | 3.3x |
| Wed, 10 Nov 2021 | Rp902.3t | Rp297.0t | Rp40.3t | 20.3x | 22.4x | 3x |
| Fri, 08 Oct 2021 | Rp873.6t | Rp295.6t | Rp41.2t | 20.8x | 21.2x | 3x |
| Sun, 05 Sep 2021 | Rp873.5t | Rp294.4t | Rp41.5t | 20.4x | 21.1x | 3x |
| Tue, 03 Aug 2021 | Rp926.5t | Rp294.4t | Rp41.5t | 19.5x | 22.3x | 3.1x |
| Fri, 07 May 2021 | Rp798.9t | Rp286.5t | Rp34.2t | 16.8x | 23.4x | 2.8x |
Price to Earnings Ratio
23.4x
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 21.7x.
- The 3-year average PS ratio of 2.9x 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 grown 6.7% per year over the last three years.
- Revenues for these companies have grown 8.3% 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 Market | -1.24% | |
| Telecom | -4.43% | |
| Interactive Media and Services | 3.90% | |
| Entertainment | 2.72% | |
| Telecom Services and Carriers | -5.25% | |
| Wireless Telecom | -5.56% | |
| Media | -6.25% | |
Industry PE
- Investors are most optimistic about the Entertainment industry even though it's trading below its 3-year average PE ratio of 336x.
- Analysts are expecting annual earnings growth of 28.1%, which is higher than its past year's earnings decline of 2.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Media industry, expecting annual earnings growth of 71% over the next 5 years.
- This is better than its past earnings decline of 42% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FILM MD Pictures | Rp5.18k | 12.0% +Rp5.3t | 146.4% | PE509.3x | |
| DNET Indoritel Makmur Internasional | Rp4.62k | 1.5% +Rp992.9b | 15.5% | PE90.9x | |
| BALI Bali Towerindo Sentra | Rp1.21k | 5.2% +Rp236.1b | 57.1% | PE31.6x | |
| WIFI Solusi Sinergi Digital | Rp165.00 | 21.3% +Rp68.4b | -14.9% | PE5.6x | |
| NETV Net Visi Media | Rp35.00 | 2.9% +Rp23.5b | -76.7% | PS3.5x |