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Indonesian (IDX) Telecom Services and Carriers Industry Analysis

UpdatedFeb 20, 2026
DataAggregated Company Financials
Companies16
  • 7D0.5%
  • 3M2.9%
  • 1Y39.5%
  • YTD-15.3%

Over the last 7 days, the Telecom Services and Carriers industry has risen 1.3%, driven by gains from Mora Telematika Indonesia of 9.6%. In the last 12 months, the industry was up 39%. Earnings are forecast to grow by 6.6% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 20 Feb 2026Rp795.6tRp191.5tRp27.2t20.8x29.3x4.2x
Sun, 18 Jan 2026Rp984.4tRp191.5tRp27.2t23.7x36.3x5.1x
Tue, 16 Dec 2025Rp875.5tRp191.5tRp27.2t24x32.2x4.6x
Thu, 13 Nov 2025Rp737.3tRp191.2tRp26.9t21.2x27.4x3.9x
Sat, 11 Oct 2025Rp595.8tRp191.3tRp28.9t21.7x20.6x3.1x
Mon, 08 Sep 2025Rp610.3tRp191.1tRp28.8t22.5x21.2x3.2x
Wed, 06 Aug 2025Rp592.9tRp190.8tRp28.4t21.5x20.9x3.1x
Fri, 04 Jul 2025Rp604.1tRp193.9tRp28.6t18.2x21.1x3.1x
Sun, 01 Jun 2025Rp631.3tRp193.9tRp28.7t19.4x22x3.3x
Tue, 29 Apr 2025Rp598.7tRp194.2tRp27.9t19.4x21.5x3.1x
Thu, 27 Mar 2025Rp554.2tRp191.7tRp28.5t21.5x19.4x2.9x
Sat, 22 Feb 2025Rp617.7tRp191.4tRp28.4t24.8x21.7x3.2x
Mon, 20 Jan 2025Rp554.6tRp190.7tRp28.0t24.6x19.8x2.9x
Wed, 18 Dec 2024Rp550.5tRp190.7tRp28.0t21.5x19.7x2.9x
Fri, 15 Nov 2024Rp581.1tRp191.6tRp28.6t22.5x20.3x3x
Sun, 13 Oct 2024Rp634.4tRp193.2tRp30.4t23.5x20.9x3.3x
Tue, 10 Sep 2024Rp669.7tRp193.1tRp31.4t21.9x21.3x3.5x
Thu, 08 Aug 2024Rp565.3tRp193.1tRp31.5t18x17.9x2.9x
Sat, 06 Jul 2024Rp571.5tRp192.5tRp33.0t25.2x17.3x3x
Mon, 03 Jun 2024Rp552.0tRp192.5tRp33.0t24.8x16.7x2.9x
Wed, 01 May 2024Rp573.4tRp192.1tRp33.1t25.9x17.3x3x
Fri, 29 Mar 2024Rp619.4tRp190.5tRp33.7t25.2x18.4x3.3x
Sun, 25 Feb 2024Rp685.6tRp191.1tRp32.8t24.6x20.9x3.6x
Tue, 23 Jan 2024Rp681.8tRp191.2tRp33.1t23.4x20.6x3.6x
Thu, 21 Dec 2023Rp687.8tRp191.1tRp33.0t20.6x20.8x3.6x
Sat, 18 Nov 2023Rp641.2tRp190.9tRp33.2t21.2x19.3x3.4x
Mon, 16 Oct 2023Rp658.1tRp189.7tRp29.8t26x22.1x3.5x
Wed, 13 Sep 2023Rp658.9tRp189.8tRp29.9t29.2x22.1x3.5x
Fri, 11 Aug 2023Rp655.5tRp189.8tRp29.9t30.3x21.9x3.5x
Sun, 09 Jul 2023Rp672.6tRp188.7tRp30.7t29.7x21.9x3.6x
Tue, 06 Jun 2023Rp675.9tRp188.7tRp30.7t29x22x3.6x
Thu, 04 May 2023Rp686.9tRp188.3tRp30.9t24.8x22.2x3.6x
Sat, 01 Apr 2023Rp682.6tRp187.0tRp29.4t26.1x23.2x3.6x
Mon, 27 Feb 2023Rp694.0tRp185.2tRp31.4t22.8x22.1x3.7x
Price to Earnings Ratio

22.1x


Total Market Cap: Rp694.0tTotal Earnings: Rp31.4tTotal Revenue: Rp185.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Telecom Services and Carriers Industry Price to Earnings3Y Average 21.6x202420252026
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 29.6x which is higher than its 3-year average PE of 21.6x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.2x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have declined 4.8% 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-0.14%
Telecom0.84%
Telecom Services and Carriers0.49%
Integrated Telecom Services0.90%
Alternative Carriers-1.44%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio of 18.3x.
    • Analysts are expecting annual earnings growth of 6.6%, which is higher than its past year's earnings growth of 1.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 6.6% over the next 5 years.
  • This is better than its past earnings growth rate of 1.7% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 6.6% 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
MORA Mora Telematika IndonesiaRp7.50k9.1%
+Rp14.8t		1,927.0%PE636.1x
BALI Bali Towerindo SentraRp1.54k11.2%
+Rp609.9b		1.7%PE33.9x
CENT Centratama Telekomunikasi IndonesiaRp134.005.5%
+Rp218.3b		235.0%PS1.7x
DATA Remala AbadiRp3.87k1.6%
+Rp82.5b		104.8%PE48.8x
IBST Inti Bangun SejahteraRp4.94k0.2%
+Rp13.5b		-6.8%PE16.9x

Latest News

TOWR
Rp515.00
Sarana Menara Nusantara
7D
-1.9%
1Y
-15.6%

TOWR: Share Buyback Plan Will Support A Higher Future Market Rating

Analysts have adjusted their price target on Sarana Menara Nusantara to reflect updated assumptions on discount rate, revenue growth, profit margin, and future P/E. This has resulted in a revised fair value estimate of IDR 1,108.45.
GHON
Rp1,775.00
Gihon Telekomunikasi Indonesia
7D
-1.4%
1Y
13.4%
TLKM
Rp3,480.00
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
7D
-2.2%
1Y
30.3%

TLKM: Infrastructure Spinoff And Streamlining Will Unlock Future Equity Value

Analysts have lifted their price target on Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia to IDR 4,000 from IDR 3,400, citing expectations that the infrastructure spinoff and streamlining efforts could help surface additional value in the business. Analyst Commentary Bullish Takeaways Bullish analysts highlight the higher price target of IDR 4,000 as a reflection of what they see as underrecognized value tied to the planned infrastructure spinoff and streamlining plans.
BALI
Rp1,535.00
Bali Towerindo Sentra
7D
11.2%
1Y
1.7%
TBIG
Rp1,760.00
Tower Bersama Infrastructure
7D
-2.2%
1Y
-19.6%
DATA
Rp3,870.00
Remala Abadi
7D
1.6%
1Y
104.8%
CENT
Rp134.00
Centratama Telekomunikasi Indonesia
7D
5.5%
1Y
235.0%
KETR
Rp660.00
Ketrosden Triasmitra
7D
-3.6%
1Y
288.2%
IBST
Rp4,940.00
Inti Bangun Sejahtera
7D
0.2%
1Y
-6.8%
MTEL
Rp540.00
Dayamitra Telekomunikasi
7D
-0.9%
1Y
-15.6%
LINK
Rp2,340.00
Link Net
7D
-15.8%
1Y
5.4%
DNET
Rp9,025.00
Indoritel Makmur Internasional
7D
-0.6%
1Y
-5.7%
MORA
Rp7,500.00
Mora Telematika Indonesia
7D
9.1%
1Y
1,927.0%