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Indonesian (IDX) Telecom Services and Carriers Industry Analysis

UpdatedApr 30, 2026
DataAggregated Company Financials
Companies16
  • 7D-5.0%
  • 3M-27.6%
  • 1Y19.2%
  • YTD-28.5%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 4.0%, driven by a pullback from Mora Telematika Indonesia of 14%. In the past year, the industry has gained 20%. Earnings are forecast to grow by 6.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Apr 2026Rp672.3tRp192.4tRp28.3t23.5x23.8x3.5x
Sat, 28 Mar 2026Rp675.5tRp191.7tRp27.4t19.4x24.7x3.5x
Mon, 23 Feb 2026Rp793.5tRp191.3tRp27.1t20.8x29.3x4.1x
Wed, 21 Jan 2026Rp986.8tRp191.5tRp27.2t23.7x36.3x5.2x
Fri, 19 Dec 2025Rp895.6tRp191.5tRp27.2t23.1x33x4.7x
Sun, 16 Nov 2025Rp777.6tRp191.5tRp27.2t21.6x28.6x4.1x
Tue, 14 Oct 2025Rp595.7tRp191.3tRp28.9t22.8x20.6x3.1x
Thu, 11 Sep 2025Rp602.9tRp191.1tRp28.8t21.9x21x3.2x
Sat, 09 Aug 2025Rp584.8tRp190.9tRp28.8t21.5x20.3x3.1x
Mon, 07 Jul 2025Rp595.9tRp193.9tRp28.6t18.1x20.9x3.1x
Wed, 04 Jun 2025Rp629.2tRp193.9tRp28.7t19.3x21.9x3.2x
Fri, 02 May 2025Rp609.1tRp193.4tRp27.6t19.8x22x3.1x
Sun, 30 Mar 2025Rp564.8tRp191.9tRp28.7t21.9x19.7x2.9x
Tue, 25 Feb 2025Rp605.1tRp191.4tRp28.4t25.9x21.3x3.2x
Thu, 23 Jan 2025Rp569.8tRp190.7tRp28.0t26.2x20.4x3x
Sat, 21 Dec 2024Rp537.4tRp190.7tRp28.0t21.4x19.2x2.8x
Mon, 18 Nov 2024Rp582.8tRp192.6tRp29.1t22.5x20x3x
Wed, 16 Oct 2024Rp627.0tRp193.2tRp30.4t23.2x20.6x3.2x
Fri, 13 Sep 2024Rp657.0tRp193.1tRp31.4t22.4x20.9x3.4x
Sun, 11 Aug 2024Rp566.7tRp193.1tRp31.4t17.8x18x2.9x
Tue, 09 Jul 2024Rp573.7tRp192.5tRp32.0t21.9x17.9x3x
Thu, 06 Jun 2024Rp569.5tRp192.5tRp33.0t25.2x17.3x3x
Sat, 04 May 2024Rp575.3tRp192.3tRp33.1t23.5x17.4x3x
Mon, 01 Apr 2024Rp619.4tRp190.4tRp33.6t25.1x18.4x3.3x
Wed, 28 Feb 2024Rp675.8tRp191.1tRp32.8t23.5x20.6x3.5x
Fri, 26 Jan 2024Rp676.4tRp191.2tRp33.1t22.7x20.5x3.5x
Sun, 24 Dec 2023Rp689.5tRp191.1tRp33.0t23.1x20.9x3.6x
Tue, 21 Nov 2023Rp644.8tRp190.9tRp33.2t21x19.4x3.4x
Thu, 19 Oct 2023Rp654.2tRp189.7tRp29.8t25.2x22x3.4x
Sat, 16 Sep 2023Rp658.8tRp189.8tRp29.9t29.1x22.1x3.5x
Mon, 14 Aug 2023Rp656.7tRp189.8tRp29.9t30.1x22x3.5x
Wed, 12 Jul 2023Rp672.0tRp188.7tRp30.7t29.1x21.9x3.6x
Fri, 09 Jun 2023Rp686.9tRp188.7tRp30.7t29.5x22.4x3.6x
Sun, 07 May 2023Rp691.9tRp188.5tRp30.9t24.9x22.4x3.7x
Price to Earnings Ratio

22.4x


Total Market Cap: Rp691.9tTotal Earnings: Rp30.9tTotal Revenue: Rp188.5tTotal 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 3.0% 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-5.97%
Telecom-5.70%
Telecom Services and Carriers-5.01%
Alternative Carriers-0.62%
Integrated Telecom Services-6.10%
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 are expecting annual earnings growth of 6.7%, which is higher than its past year's earnings growth of 4.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 6.7% over the next 5 years.
  • This is better than its past earnings growth rate of 4.8% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 6.7% 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
No data available

Latest News

LINK
Rp1,765.00
Link Net
7D
-9.3%
1Y
-5.6%
TLKM
Rp2,810.00
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
7D
-2.4%
1Y
6.4%

TLKM: Data Center Stake Sale Will Unlock Future Capital Benefits

Analysts have maintained their IDR4,500 price target for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia, citing updated assumptions that reflect a modestly higher revenue growth outlook, slightly stronger profit margins, a lower discount rate, and a somewhat reduced future P/E multiple. What's in the News Telkom Indonesia is exploring a potential sale of a majority stake in its data center unit, NeutraDC, with a targeted valuation in the US$1b to US$1.5b range.
MTEL
Rp515.00
Dayamitra Telekomunikasi
7D
-2.8%
1Y
-16.9%
CENT
Rp99.00
Centratama Telekomunikasi Indonesia
7D
-8.3%
1Y
-11.6%
TOWR
Rp476.00
Sarana Menara Nusantara
7D
-5.7%
1Y
-16.5%

TOWR: Share Buyback And Stronger Margins Will Support Future Upside

Analysts have adjusted their price target on Sarana Menara Nusantara to IDR1,025 from IDR1,108. This revision reflects updated assumptions that include a slightly higher discount rate, more moderate revenue growth, stronger profit margins and a lower future P/E multiple.
MORA
Rp4,710.00
Mora Telematika Indonesia
7D
-15.9%
1Y
990.3%
TBIG
Rp1,745.00
Tower Bersama Infrastructure
7D
-5.4%
1Y
-12.3%
DNET
Rp9,250.00
Indoritel Makmur Internasional
7D
-1.9%
1Y
-5.4%