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Indonesian (IDX) Telecom Services and Carriers Industry Analysis

UpdatedSep 01, 2026
DataAggregated Company Financials
Companies15
  • 7D0.4%
  • 3M-10.5%
  • 1Y26.9%
  • YTD-36.1%

The Telecom Services and Carriers industry is up 2.3% in the last week, with Mora Telematika Indonesia up 3.7%. This means that the industry has gained 24% over the past year. As for the next few years, earnings are expected to grow by 7.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 01 Sep 2026Rp779.2tRp195.2tRp23.6t19.6x33x4x
Thu, 30 Jul 2026Rp793.9tRp191.8tRp23.1t19.4x34.4x4.1x
Sat, 27 Jun 2026Rp692.0tRp192.6tRp23.2t22.9x29.8x3.6x
Mon, 25 May 2026Rp704.1tRp191.8tRp24.3t20.3x28.9x3.7x
Wed, 22 Apr 2026Rp700.5tRp192.3tRp28.3t24.1x24.8x3.6x
Fri, 20 Mar 2026Rp671.2tRp191.7tRp27.4t20.1x24.5x3.5x
Sun, 15 Feb 2026Rp778.9tRp191.5tRp27.2t21.2x28.7x4.1x
Tue, 13 Jan 2026Rp950.1tRp191.5tRp27.2t23.3x35x5x
Thu, 11 Dec 2025Rp986.1tRp191.5tRp27.2t28.2x36.3x5.2x
Sat, 08 Nov 2025Rp687.0tRp191.2tRp26.9t21.1x25.5x3.6x
Mon, 06 Oct 2025Rp592.4tRp191.3tRp28.9t22.5x20.5x3.1x
Wed, 03 Sep 2025Rp605.7tRp191.2tRp28.9t22.3x21x3.2x
Fri, 01 Aug 2025Rp580.6tRp192.1tRp27.6t20.7x21x3x
Sun, 29 Jun 2025Rp603.6tRp193.9tRp28.7t17.8x21x3.1x
Tue, 27 May 2025Rp628.6tRp193.7tRp28.6t19.2x21.9x3.2x
Thu, 24 Apr 2025Rp603.0tRp194.2tRp27.9t18.9x21.6x3.1x
Sat, 22 Mar 2025Rp555.5tRp191.6tRp28.5t21.3x19.5x2.9x
Mon, 17 Feb 2025Rp544.7tRp189.6tRp27.3t23.3x19.9x2.9x
Wed, 15 Jan 2025Rp549.2tRp190.7tRp28.0t22.5x19.6x2.9x
Fri, 13 Dec 2024Rp570.5tRp190.7tRp28.0t24.5x20.4x3x
Sun, 10 Nov 2024Rp605.2tRp192.7tRp29.5t22.7x20.5x3.1x
Tue, 08 Oct 2024Rp627.8tRp193.2tRp30.4t24x20.7x3.2x
Thu, 05 Sep 2024Rp609.4tRp193.1tRp31.4t18.5x19.4x3.2x
Sat, 03 Aug 2024Rp575.3tRp193.1tRp31.5t18.7x18.3x3x
Mon, 01 Jul 2024Rp584.9tRp192.5tRp33.0t24.7x17.7x3x
Wed, 29 May 2024Rp547.6tRp192.5tRp33.0t24.6x16.6x2.8x
Fri, 26 Apr 2024Rp567.2tRp192.1tRp33.1t24.7x17.1x3x
Sun, 24 Mar 2024Rp658.7tRp191.0tRp32.8t25.8x20.1x3.4x
Tue, 20 Feb 2024Rp689.4tRp191.1tRp32.8t23.3x21x3.6x
Thu, 18 Jan 2024Rp681.7tRp191.2tRp33.1t24.2x20.6x3.6x
Sat, 16 Dec 2023Rp689.9tRp191.1tRp33.0t20.8x20.9x3.6x
Mon, 13 Nov 2023Rp636.9tRp190.9tRp33.2t21.1x19.2x3.3x
Wed, 11 Oct 2023Rp654.6tRp189.7tRp29.8t25.8x22x3.5x
Fri, 08 Sep 2023Rp666.4tRp189.8tRp29.9t29.7x22.3x3.5x
Price to Earnings Ratio

22.3x


Total Market Cap: Rp666.4tTotal Earnings: Rp29.9tTotal Revenue: Rp189.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Telecom Services and Carriers Industry Price to Earnings3Y Average 22.8x202420252026
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 33.0x which is higher than its 3-year average PE of 22.8x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have declined 7.6% 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 Market0.15%
Telecom-0.052%
Telecom Services and Carriers0.37%
Integrated Telecom Services1.51%
Alternative Carriers-4.26%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio of 18.7x.
    • Analysts are expecting annual earnings growth of 7.9%, 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 7.9% 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 7.9% 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 IndonesiaRp5.45k1.9%
+Rp4.8t		1,064.5%PE441.3x
MTEL Dayamitra TelekomunikasiRp480.006.7%
+Rp2.4t		-17.9%PE18.2x
BALI Bali Towerindo SentraRp1.46k15.0%
+Rp747.6b		-13.6%PE32x
TBIG Tower Bersama InfrastructureRp1.48k1.7%
+Rp563.8b		-18.2%PE23.2x
KETR Ketrosden TriasmitraRp830.0017.7%
+Rp355.2b		35.0%PE32.4x

Latest News

BALI
Rp1,455.00
Bali Towerindo Sentra
7D
15.0%
1Y
-13.6%
TOWR
Rp452.00
Sarana Menara Nusantara
7D
-0.9%
1Y
-24.0%
KETR
Rp830.00
Ketrosden Triasmitra
7D
17.7%
1Y
35.0%
JAST
Rp94.00
PT. Jasnita Telekomindo
7D
3.3%
1Y
-9.6%
CENT
Rp105.00
Centratama Telekomunikasi Indonesia
7D
-1.9%
1Y
-18.0%
LINK
Rp1,485.00
Link Net
7D
0.7%
1Y
-58.5%
TLKM
Rp2,610.00
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
7D
-0.4%
1Y
-15.0%
Narrative Update • Aug 04

TLKM: Dividend And Share Buyback Will Support Future Upside

Analysts have trimmed their fair value estimate for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia to IDR 3,533 from IDR 3,629, citing slightly softer assumptions for long term revenue growth, profit margins, and future P/E multiples. What's in the News for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk announced an annual dividend of IDR 223.1659 per share, with an ex dividend date on June 18, 2026, a record date on June 19, 2026, and payment scheduled for July 10, 2026.
MORA
Rp5,450.00
Mora Telematika Indonesia
7D
1.9%
1Y
1,064.5%
KBLV
Rp142.00
First Media
7D
-2.7%
1Y
-40.8%
DNET
Rp9,950.00
Indoritel Makmur Internasional
7D
-4.8%
1Y
7.0%
GOLD
Rp270.00
Visi Telekomunikasi Infrastruktur
7D
-2.9%
1Y
3.8%
TBIG
Rp1,480.00
Tower Bersama Infrastructure
7D
1.7%
1Y
-18.2%
GHON
Rp1,640.00
Gihon Telekomunikasi Indonesia
7D
1.5%
1Y
-2.4%
DATA
Rp1,825.00
Remala Abadi
7D
-3.4%
1Y
-60.0%
MTEL
Rp480.00
Dayamitra Telekomunikasi
7D
6.7%
1Y
-17.9%