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Indonesian (IDX) Telecom Services and Carriers Industry Analysis

UpdatedOct 21, 2025
DataAggregated Company Financials
Companies16
  • 7D-0.3%
  • 3M3.6%
  • 1Y-0.9%
  • YTD5.8%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.7%, driven by a pullback from Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia of 5.3%. On the other hand Mora Telematika Indonesia is actually up 26%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 4.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Oct 2025Rp592.5tRp191.3tRp28.9t22.8x20.5x3.1x
Thu, 18 Sep 2025Rp623.7tRp191.3tRp28.9t22.9x21.6x3.3x
Sat, 16 Aug 2025Rp634.1tRp190.9tRp28.8t21.1x22x3.3x
Mon, 14 Jul 2025Rp556.7tRp192.1tRp27.5t18.1x20.3x2.9x
Wed, 11 Jun 2025Rp634.8tRp193.9tRp28.7t19.4x22.1x3.3x
Fri, 09 May 2025Rp608.0tRp193.5tRp28.8t19.4x21.1x3.1x
Sun, 06 Apr 2025Rp566.2tRp194.3tRp26.9t20.8x21.1x2.9x
Tue, 04 Mar 2025Rp580.5tRp191.4tRp28.4t25.2x20.4x3x
Thu, 30 Jan 2025Rp564.3tRp190.7tRp28.0t26.2x20.2x3x
Sat, 28 Dec 2024Rp564.1tRp190.7tRp28.0t23.7x20.1x3x
Mon, 25 Nov 2024Rp607.9tRp192.6tRp29.1t23.5x20.9x3.2x
Wed, 23 Oct 2024Rp641.4tRp193.2tRp30.4t23.3x21.1x3.3x
Fri, 20 Sep 2024Rp658.0tRp193.1tRp31.4t23.2x21x3.4x
Sun, 18 Aug 2024Rp581.1tRp193.1tRp31.4t17.7x18.5x3x
Tue, 16 Jul 2024Rp603.3tRp192.5tRp32.0t21.8x18.8x3.1x
Thu, 13 Jun 2024Rp555.7tRp192.5tRp33.0t24x16.8x2.9x
Sat, 11 May 2024Rp571.2tRp192.5tRp33.0t23.2x17.3x3x
Mon, 08 Apr 2024Rp567.3tRp188.8tRp32.3t25.9x17.6x3x
Wed, 06 Mar 2024Rp660.4tRp191.1tRp32.8t22.7x20.1x3.5x
Fri, 02 Feb 2024Rp683.8tRp191.2tRp33.1t21.5x20.7x3.6x
Sun, 31 Dec 2023Rp685.6tRp191.2tRp33.1t20.8x20.7x3.6x
Tue, 28 Nov 2023Rp655.6tRp190.9tRp33.2t21.4x19.8x3.4x
Thu, 26 Oct 2023Rp639.2tRp189.7tRp29.8t24.5x21.5x3.4x
Sat, 23 Sep 2023Rp660.3tRp189.7tRp29.8t26.4x22.2x3.5x
Mon, 21 Aug 2023Rp659.4tRp189.8tRp29.9t30.3x22.1x3.5x
Wed, 19 Jul 2023Rp656.9tRp188.7tRp30.7t28.9x21.4x3.5x
Fri, 16 Jun 2023Rp671.5tRp188.7tRp30.7t29.8x21.9x3.6x
Sun, 14 May 2023Rp669.7tRp188.7tRp31.0t25.1x21.6x3.5x
Tue, 11 Apr 2023Rp698.9tRp187.1tRp29.3t26x23.8x3.7x
Thu, 09 Mar 2023Rp677.0tRp185.2tRp31.4t21.9x21.5x3.7x
Sat, 04 Feb 2023Rp670.0tRp185.2tRp31.4t22.7x21.3x3.6x
Mon, 02 Jan 2023Rp675.1tRp185.2tRp31.4t23.4x21.5x3.6x
Wed, 30 Nov 2022Rp695.2tRp184.4tRp30.3t23.9x23x3.8x
Fri, 28 Oct 2022Rp735.4tRp183.6tRp33.7t22.2x21.8x4x
Price to Earnings Ratio

21.8x


Total Market Cap: Rp735.4tTotal Earnings: Rp33.7tTotal Revenue: Rp183.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Telecom Services and Carriers Industry Price to Earnings3Y Average 20.7x202320242025
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 20.7x.
  • The industry is trading close to its 3-year average PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have declined 5.1% 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-3.64%
Telecom-1.35%
Telecom Services and Carriers-0.27%
Integrated Telecom Services-0.11%
Alternative Carriers-0.79%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry even though it's trading below its 3-year average PE ratio of 17.9x.
    • Analysts are expecting annual earnings growth of 4.7%, which is higher than its past year's earnings decline of 0.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 4.7% over the next 5 years.
  • This is better than its past earnings decline of 0.3% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 4.7% 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 IndonesiaRp1.35k33.0%
+Rp7.9t
214.0%PE586.8x
TBIG Tower Bersama InfrastructureRp1.89k4.7%
+Rp1.9t
-0.3%PE29.3x
DNET Indoritel Makmur InternasionalRp9.10k1.4%
+Rp1.8t
0.3%PE110.5x
TOWR Sarana Menara NusantaraRp545.003.8%
+Rp1.0t
-33.1%PE8.1x
DATA Remala AbadiRp5.75k12.2%
+Rp859.4b
721.4%PE73.5x

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