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Indonesian (IDX) Telecom Services and Carriers Industry Analysis

UpdatedSep 15, 2026
DataAggregated Company Financials
Companies15
  • 7D-2.0%
  • 3M-11.1%
  • 1Y22.9%
  • YTD-37.4%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.7%, driven by Mora Telematika Indonesia declining 4.2%. On the other hand Bali Towerindo Sentra is actually up 10%. This takes the industry's 12 month performance to a gain of 26%. Earnings are forecast to grow by 8.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Sep 2026Rp762.9tRp195.2tRp23.6t18.2x32.3x3.9x
Thu, 13 Aug 2026Rp735.8tRp195.3tRp23.7t20.9x31.1x3.8x
Sat, 11 Jul 2026Rp805.4tRp192.6tRp23.4t22.9x34.3x4.2x
Mon, 08 Jun 2026Rp669.3tRp192.6tRp23.2t18.9x28.8x3.5x
Wed, 06 May 2026Rp672.6tRp192.5tRp28.3t24.6x23.7x3.5x
Fri, 03 Apr 2026Rp668.9tRp191.9tRp28.2t19.3x23.7x3.5x
Sun, 01 Mar 2026Rp765.2tRp191.3tRp27.1t20.2x28.2x4x
Tue, 27 Jan 2026Rp1031.4tRp191.5tRp27.2t22.5x38x5.4x
Thu, 25 Dec 2025Rp890.1tRp191.5tRp27.2t24.2x32.8x4.6x
Sat, 22 Nov 2025Rp773.4tRp191.5tRp27.2t22x28.5x4x
Mon, 20 Oct 2025Rp592.5tRp191.3tRp28.9t22.8x20.5x3.1x
Wed, 17 Sep 2025Rp620.8tRp191.1tRp28.8t22.5x21.6x3.2x
Fri, 15 Aug 2025Rp634.2tRp190.9tRp28.8t21.1x22x3.3x
Sun, 13 Jul 2025Rp556.7tRp192.1tRp27.5t18.1x20.3x2.9x
Tue, 10 Jun 2025Rp629.4tRp193.9tRp28.7t18.7x21.9x3.2x
Thu, 08 May 2025Rp618.3tRp193.5tRp28.8t19.2x21.5x3.2x
Sat, 05 Apr 2025Rp566.2tRp194.3tRp26.9t20.8x21.1x2.9x
Mon, 03 Mar 2025Rp567.3tRp191.4tRp28.4t23.7x19.9x3x
Wed, 29 Jan 2025Rp564.3tRp190.7tRp28.0t26.2x20.2x3x
Fri, 27 Dec 2024Rp558.5tRp190.7tRp28.0t23.8x19.9x2.9x
Sun, 24 Nov 2024Rp607.9tRp192.6tRp29.1t23.5x20.9x3.2x
Tue, 22 Oct 2024Rp648.4tRp193.2tRp30.4t23x21.4x3.4x
Thu, 19 Sep 2024Rp652.5tRp193.1tRp31.4t23.3x20.8x3.4x
Sat, 17 Aug 2024Rp572.3tRp193.1tRp31.4t17.7x18.2x3x
Mon, 15 Jul 2024Rp603.3tRp192.5tRp32.0t22x18.8x3.1x
Wed, 12 Jun 2024Rp573.1tRp192.5tRp33.0t24.3x17.4x3x
Fri, 10 May 2024Rp571.2tRp192.5tRp33.0t23.2x17.3x3x
Sun, 07 Apr 2024Rp567.3tRp188.8tRp32.3t25.9x17.6x3x
Tue, 05 Mar 2024Rp668.2tRp191.1tRp32.8t24.1x20.3x3.5x
Thu, 01 Feb 2024Rp674.7tRp191.2tRp33.1t22x20.4x3.5x
Sat, 30 Dec 2023Rp685.6tRp191.1tRp33.0t20.8x20.8x3.6x
Mon, 27 Nov 2023Rp648.8tRp190.9tRp33.2t21.5x19.6x3.4x
Wed, 25 Oct 2023Rp630.5tRp189.7tRp29.8t23.9x21.2x3.3x
Fri, 22 Sep 2023Rp660.3tRp189.7tRp29.8t25.5x22.2x3.5x
Price to Earnings Ratio

22.2x


Total Market Cap: Rp660.3tTotal Earnings: Rp29.8tTotal Revenue: Rp189.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Telecom Services and Carriers Industry Price to Earnings3Y Average 23x202420252026
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 32.3x which is higher than its 3-year average PE of 23.0x.
  • 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 7.5% 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-1.75%
Telecom-2.37%
Telecom Services and Carriers-2.03%
Alternative Carriers-1.39%
Integrated Telecom Services-2.19%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio of 18.8x.
    • Analysts are expecting annual earnings growth of 8.1%, 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 8.1% 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 8.1% 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
TLKM Perusahaan Perseroan (Persero) PT Telekomunikasi IndonesiaRp2.69k3.1%
+Rp7.9t		-17.5%PE14.8x
CENT Centratama Telekomunikasi IndonesiaRp105.004.0%
+Rp124.7b		-11.0%PS1.3x
KETR Ketrosden TriasmitraRp905.004.6%
+Rp113.7b		61.6%PE35.3x
BALI Bali Towerindo SentraRp1.33k1.5%
+Rp78.7b		0%PE29.3x
GHON Gihon Telekomunikasi IndonesiaRp1.69k2.1%
+Rp19.3b		2.1%PE13.3x

Latest News

TLKM
Rp2,690.00
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
7D
3.1%
1Y
-17.5%
Narrative Update • Sep 09

TLKM: Dividend Payout And Upcoming Meeting Will Support Future Upside

Analysts have trimmed their price target for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia, with the assessed fair value moving from about IDR 3,533 to roughly IDR 3,441 as they adjust assumptions on revenue growth, profit margins, and future P/E levels. What's in the News Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk has scheduled a Special or Extraordinary Shareholders Meeting for September 30, 2026, to be held via easy.ksei in Indonesia.
BALI
Rp1,330.00
Bali Towerindo Sentra
7D
1.5%
1Y
0%
TOWR
Rp444.00
Sarana Menara Nusantara
7D
-1.8%
1Y
-24.7%
KETR
Rp905.00
Ketrosden Triasmitra
7D
4.6%
1Y
61.6%
CENT
Rp105.00
Centratama Telekomunikasi Indonesia
7D
4.0%
1Y
-11.0%
LINK
Rp1,655.00
Link Net
7D
-1.2%
1Y
-44.5%
MORA
Rp5,050.00
Mora Telematika Indonesia
7D
-7.3%
1Y
1,047.7%
KBLV
Rp125.00
First Media
7D
-6.0%
1Y
-58.9%
DNET
Rp9,850.00
Indoritel Makmur Internasional
7D
-1.5%
1Y
7.9%
TBIG
Rp1,440.00
Tower Bersama Infrastructure
7D
-4.0%
1Y
-21.5%
GHON
Rp1,685.00
Gihon Telekomunikasi Indonesia
7D
2.1%
1Y
2.1%
DATA
Rp1,675.00
Remala Abadi
7D
-10.7%
1Y
-58.6%
MTEL
Rp482.00
Dayamitra Telekomunikasi
7D
-1.6%
1Y
-17.6%