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Indonesian (IDX) Telecom Services and Carriers Industry Analysis

UpdatedAug 25, 2026
DataAggregated Company Financials
Companies15
  • 7D2.7%
  • 3M-11.5%
  • 1Y20.9%
  • YTD-36.3%

Last week, the Telecom Services and Carriers industry hasn't moved much but Indoritel Makmur Internasional is up 5.8% in that time. The past year has been better, since the industry has gained 22% in that time. As for the next few years, earnings are expected to grow by 8.3% per annum.

Industry Valuation and Performance

Has the Indonesian Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 25 Aug 2026Rp776.3tRp195.2tRp23.6t20.5x32.9x4x
Thu, 23 Jul 2026Rp819.8tRp191.8tRp23.1t20.1x35.6x4.3x
Sat, 20 Jun 2026Rp706.8tRp192.6tRp23.2t21.7x30.4x3.7x
Mon, 18 May 2026Rp722.0tRp191.8tRp24.4t23.7x29.6x3.8x
Wed, 15 Apr 2026Rp718.9tRp192.0tRp28.2t20.7x25.5x3.7x
Fri, 13 Mar 2026Rp677.8tRp191.3tRp27.1t19.4x25x3.5x
Sun, 08 Feb 2026Rp733.9tRp191.5tRp27.2t20.4x27x3.8x
Tue, 06 Jan 2026Rp948.5tRp191.5tRp27.2t25x34.9x5x
Thu, 04 Dec 2025Rp836.8tRp191.5tRp27.2t22.7x30.8x4.4x
Sat, 01 Nov 2025Rp645.3tRp191.0tRp26.7t21.6x24.1x3.4x
Mon, 29 Sep 2025Rp599.0tRp191.3tRp28.9t21.9x20.8x3.1x
Wed, 27 Aug 2025Rp636.1tRp190.9tRp28.8t23.1x22.1x3.3x
Fri, 25 Jul 2025Rp569.8tRp192.1tRp27.5t20.8x20.7x3x
Sun, 22 Jun 2025Rp595.4tRp193.9tRp28.7t17.9x20.7x3.1x
Tue, 20 May 2025Rp634.0tRp193.7tRp28.6t19x22.1x3.3x
Thu, 17 Apr 2025Rp578.1tRp194.4tRp26.8t18.9x21.6x3x
Sat, 15 Mar 2025Rp572.1tRp191.5tRp28.5t23.4x20.1x3x
Mon, 10 Feb 2025Rp549.3tRp190.7tRp28.0t23.3x19.6x2.9x
Wed, 08 Jan 2025Rp549.9tRp190.7tRp28.0t22.6x19.6x2.9x
Fri, 06 Dec 2024Rp564.3tRp190.7tRp28.0t24x20.2x3x
Sun, 03 Nov 2024Rp613.2tRp192.3tRp29.5t23.5x20.8x3.2x
Tue, 01 Oct 2024Rp641.6tRp193.1tRp31.4t23.9x20.4x3.3x
Thu, 29 Aug 2024Rp587.3tRp193.1tRp31.4t19.6x18.7x3x
Sat, 27 Jul 2024Rp588.7tRp192.5tRp32.0t21.6x18.4x3.1x
Mon, 24 Jun 2024Rp562.0tRp192.5tRp33.0t25.2x17x2.9x
Wed, 22 May 2024Rp562.5tRp192.5tRp33.0t24.4x17.1x2.9x
Fri, 19 Apr 2024Rp586.3tRp190.7tRp33.4t24.7x17.5x3.1x
Sun, 17 Mar 2024Rp665.9tRp191.3tRp32.8t25.6x20.3x3.5x
Tue, 13 Feb 2024Rp675.8tRp191.2tRp33.1t22.7x20.4x3.5x
Thu, 11 Jan 2024Rp690.6tRp191.2tRp33.1t25.9x20.9x3.6x
Sat, 09 Dec 2023Rp680.0tRp191.1tRp33.0t21x20.6x3.6x
Mon, 06 Nov 2023Rp635.1tRp191.0tRp33.2t18.7x19.1x3.3x
Wed, 04 Oct 2023Rp651.5tRp189.7tRp29.8t26.4x21.9x3.4x
Fri, 01 Sep 2023Rp667.0tRp189.8tRp29.9t29.8x22.3x3.5x
Price to Earnings Ratio

22.3x


Total Market Cap: Rp667.0tTotal Earnings: Rp29.9tTotal Revenue: Rp189.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Telecom Services and Carriers Industry Price to Earnings3Y Average 22.8x202420252026
Current Industry PE
  • Investors are optimistic on the Indonesian Telecom industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 32.2x which is higher than its 3-year average PE of 22.8x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have declined 7.6% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 industry?

ID Market1.45%
Telecom1.91%
Telecom Services and Carriers2.74%
Alternative Carriers5.50%
Integrated Telecom Services2.07%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio of 18.7x.
    • Analysts are expecting annual earnings growth of 8.3%, which is lower than the prior year's growth of 10.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 8.3% over the next 5 years.
  • However this is lower than its past earnings growth rate of 11% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 8.3% 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
DNET Indoritel Makmur InternasionalRp10.45k5.8%
+Rp8.2t		6.9%PE133.1x
MORA Mora Telematika IndonesiaRp5.35k1.9%
+Rp4.8t		1,192.3%PE433.2x
TOWR Sarana Menara NusantaraRp456.0016.9%
+Rp3.8t		-33.4%PE6.8x
MTEL Dayamitra TelekomunikasiRp450.004.7%
+Rp1.6t		-24.4%PE17x
TBIG Tower Bersama InfrastructureRp1.46k4.3%
+Rp1.4t		-24.6%PE22.8x

Latest News

CENT
Rp107.00
Centratama Telekomunikasi Indonesia
7D
30.5%
1Y
-15.1%
TOWR
Rp456.00
Sarana Menara Nusantara
7D
16.9%
1Y
-33.4%
LINK
Rp1,475.00
Link Net
7D
-10.9%
1Y
-51.8%
KETR
Rp705.00
Ketrosden Triasmitra
7D
23.7%
1Y
135.0%
MORA
Rp5,350.00
Mora Telematika Indonesia
7D
1.9%
1Y
1,192.3%
DNET
Rp10,450.00
Indoritel Makmur Internasional
7D
5.8%
1Y
6.9%
BALI
Rp1,265.00
Bali Towerindo Sentra
7D
5.0%
1Y
-13.1%
TBIG
Rp1,455.00
Tower Bersama Infrastructure
7D
4.3%
1Y
-24.6%
DATA
Rp1,890.00
Remala Abadi
7D
-0.3%
1Y
-50.1%
MTEL
Rp450.00
Dayamitra Telekomunikasi
7D
4.7%
1Y
-24.4%