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Indonesian (IDX) Telecom Services and Carriers Industry Analysis

UpdatedMay 03, 2026
DataAggregated Company Financials
Companies16
  • 7D-2.4%
  • 3M-27.0%
  • 1Y16.8%
  • YTD-29.4%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 2.4%, driven by Mora Telematika Indonesia declining 9.9%. This takes the industry's 12 month performance to a gain of 17%. As for the next few years, earnings are expected to grow by 7.0% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 May 2026Rp663.5tRp192.4tRp28.3t22.3x23.5x3.4x
Wed, 01 Apr 2026Rp672.0tRp191.7tRp27.4t19.5x24.6x3.5x
Fri, 27 Feb 2026Rp777.5tRp191.3tRp27.1t20.6x28.7x4.1x
Sun, 25 Jan 2026Rp1014.8tRp191.5tRp27.2t22.5x37.4x5.3x
Tue, 23 Dec 2025Rp876.3tRp191.5tRp27.2t23.1x32.3x4.6x
Thu, 20 Nov 2025Rp789.4tRp191.5tRp27.2t22x29.1x4.1x
Sat, 18 Oct 2025Rp601.4tRp191.3tRp28.9t22.8x20.8x3.1x
Mon, 15 Sep 2025Rp600.5tRp191.1tRp28.8t22.1x20.9x3.1x
Wed, 13 Aug 2025Rp612.3tRp190.9tRp28.8t21.5x21.3x3.2x
Fri, 11 Jul 2025Rp596.9tRp193.9tRp28.6t18.7x20.9x3.1x
Sun, 08 Jun 2025Rp629.4tRp193.9tRp28.7t18.7x21.9x3.2x
Tue, 06 May 2025Rp621.7tRp193.3tRp28.8t19.1x21.6x3.2x
Thu, 03 Apr 2025Rp566.2tRp194.4tRp26.8t21.9x21.1x2.9x
Sat, 01 Mar 2025Rp567.3tRp191.4tRp28.4t23.7x19.9x3x
Mon, 27 Jan 2025Rp564.3tRp190.7tRp28.0t26.2x20.2x3x
Wed, 25 Dec 2024Rp558.5tRp190.7tRp28.0t23.8x19.9x2.9x
Fri, 22 Nov 2024Rp609.8tRp192.6tRp29.1t23x21x3.2x
Sun, 20 Oct 2024Rp649.0tRp193.2tRp30.4t23.3x21.4x3.4x
Tue, 17 Sep 2024Rp662.1tRp193.1tRp31.4t22.2x21.1x3.4x
Thu, 15 Aug 2024Rp572.4tRp193.1tRp31.4t17.8x18.2x3x
Sat, 13 Jul 2024Rp596.0tRp192.5tRp32.0t22x18.6x3.1x
Mon, 10 Jun 2024Rp576.8tRp192.5tRp33.0t25.2x17.5x3x
Wed, 08 May 2024Rp567.6tRp192.5tRp33.0t23.4x17.2x2.9x
Fri, 05 Apr 2024Rp569.5tRp188.8tRp32.3t24x17.6x3x
Sun, 03 Mar 2024Rp666.4tRp191.1tRp32.8t24.5x20.3x3.5x
Tue, 30 Jan 2024Rp681.0tRp191.2tRp33.1t22.6x20.6x3.6x
Thu, 28 Dec 2023Rp686.4tRp191.1tRp33.0t21.5x20.8x3.6x
Sat, 25 Nov 2023Rp647.6tRp190.9tRp33.2t21.5x19.5x3.4x
Mon, 23 Oct 2023Rp636.2tRp189.7tRp29.8t24.1x21.4x3.4x
Wed, 20 Sep 2023Rp652.6tRp189.8tRp29.9t28.5x21.8x3.4x
Fri, 18 Aug 2023Rp666.2tRp189.8tRp29.9t30.2x22.3x3.5x
Sun, 16 Jul 2023Rp667.1tRp188.7tRp30.7t29.1x21.8x3.5x
Tue, 13 Jun 2023Rp677.6tRp188.7tRp30.7t30x22.1x3.6x
Thu, 11 May 2023Rp688.9tRp188.7tRp31.0t25.4x22.2x3.7x
Price to Earnings Ratio

22.2x


Total Market Cap: Rp688.9tTotal Earnings: Rp31.0tTotal Revenue: Rp188.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Telecom Services and Carriers Industry Price to Earnings3Y Average 21.8x202420252026
Current Industry PE
  • Investors are relatively neutral on the Indonesian Telecom 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 21.8x.
  • The industry is trading close to its 3-year average PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have declined 3.1% 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 Market-2.66%
Telecom-1.92%
Telecom Services and Carriers-2.44%
Alternative Carriers0.32%
Integrated Telecom Services-3.15%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average PE ratio of 18.3x.
    • Analysts expect its future annual earnings growth (7.0%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 7.0% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 7.0% 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 InternasionalRp9.48k0.5%
+Rp709.2b		-2.3%PE107x
DATA Remala AbadiRp2.06k3.0%
+Rp82.5b		48.7%PE24.7x
KBLV First MediaRp120.001.7%
+Rp3.5b		-13.0%PS123.4x

Latest News

TBIG
Rp1,745.00
Tower Bersama Infrastructure
7D
-6.9%
1Y
-12.5%
DATA
Rp2,060.00
Remala Abadi
7D
3.0%
1Y
48.7%
TOWR
Rp476.00
Sarana Menara Nusantara
7D
-2.5%
1Y
-18.6%

TOWR: Share Buyback Authorization Will Support Future Upside Potential

Analysts have kept the IDR fair value for Sarana Menara Nusantara steady at IDR 1,025, while refining assumptions around the discount rate, revenue growth, profit margins and future P/E to reflect updated views on the company’s risk profile and earnings outlook. What's in the News The Board of Directors authorized a share buyback plan on February 2, 2026, signaling an intent to repurchase shares within a defined program period (Key Developments).
BALI
Rp1,270.00
Bali Towerindo Sentra
7D
-0.4%
1Y
-3.1%
LINK
Rp1,765.00
Link Net
7D
-3.8%
1Y
-5.6%
KBLV
Rp120.00
First Media
7D
1.7%
1Y
-13.0%
MTEL
Rp515.00
Dayamitra Telekomunikasi
7D
-2.8%
1Y
-16.3%
CENT
Rp99.00
Centratama Telekomunikasi Indonesia
7D
-1.0%
1Y
-15.4%
KETR
Rp500.00
Ketrosden Triasmitra
7D
-4.8%
1Y
185.7%
MORA
Rp4,710.00
Mora Telematika Indonesia
7D
-9.9%
1Y
980.3%
DNET
Rp9,475.00
Indoritel Makmur Internasional
7D
0.5%
1Y
-2.3%