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Indonesian (IDX) Telecom Services and Carriers Industry Analysis

UpdatedFeb 03, 2026
DataAggregated Company Financials
Companies16
  • 7D-17.3%
  • 3M26.4%
  • 1Y52.2%
  • YTD-9.2%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 10%, driven by Mora Telematika Indonesia declining 20%. This takes the industry's 12 month performance to a gain of 61%. 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
Tue, 03 Feb 2026Rp853.4tRp191.5tRp27.2t21.1x31.4x4.5x
Thu, 01 Jan 2026Rp949.9tRp191.5tRp27.2t23.9x35x5x
Sat, 29 Nov 2025Rp784.0tRp191.5tRp27.2t21.3x28.9x4.1x
Mon, 27 Oct 2025Rp640.6tRp191.4tRp28.9t22.8x22.2x3.3x
Wed, 24 Sep 2025Rp608.4tRp191.3tRp28.9t22.3x21.1x3.2x
Fri, 22 Aug 2025Rp617.1tRp190.9tRp28.8t21.1x21.4x3.2x
Sun, 20 Jul 2025Rp563.7tRp192.1tRp27.5t19x20.5x2.9x
Tue, 17 Jun 2025Rp608.0tRp193.9tRp28.7t18.8x21.2x3.1x
Thu, 15 May 2025Rp612.9tRp193.7tRp28.6t19.1x21.4x3.2x
Sat, 12 Apr 2025Rp559.0tRp194.3tRp26.8t19.5x20.8x2.9x
Mon, 10 Mar 2025Rp580.4tRp191.6tRp28.5t24.2x20.4x3x
Wed, 05 Feb 2025Rp554.1tRp190.7tRp28.0t25.3x19.8x2.9x
Fri, 03 Jan 2025Rp559.4tRp190.7tRp28.0t23.9x20x2.9x
Sun, 01 Dec 2024Rp554.9tRp190.7tRp28.0t23.9x19.8x2.9x
Tue, 29 Oct 2024Rp629.6tRp193.2tRp30.3t23.2x20.8x3.3x
Thu, 26 Sep 2024Rp662.4tRp193.1tRp31.4t21.9x21.1x3.4x
Sat, 24 Aug 2024Rp577.8tRp193.1tRp31.4t17.6x18.4x3x
Mon, 22 Jul 2024Rp549.9tRp190.6tRp30.9t18.8x17.8x2.9x
Wed, 19 Jun 2024Rp538.8tRp192.5tRp33.0t21.3x16.3x2.8x
Fri, 17 May 2024Rp572.0tRp192.5tRp33.0t24.8x17.3x3x
Sun, 14 Apr 2024Rp567.3tRp188.8tRp32.3t25.9x17.6x3x
Tue, 12 Mar 2024Rp657.9tRp191.3tRp32.8t26x20x3.4x
Thu, 08 Feb 2024Rp672.8tRp191.2tRp33.1t22.1x20.4x3.5x
Sat, 06 Jan 2024Rp686.7tRp191.2tRp33.1t22.4x20.8x3.6x
Mon, 04 Dec 2023Rp671.0tRp190.9tRp33.0t20.8x20.3x3.5x
Wed, 01 Nov 2023Rp610.4tRp189.7tRp29.8t25.5x20.5x3.2x
Fri, 29 Sep 2023Rp650.3tRp189.7tRp29.8t26.9x21.8x3.4x
Sun, 27 Aug 2023Rp658.3tRp189.8tRp29.9t29.9x22x3.5x
Tue, 25 Jul 2023Rp663.8tRp188.7tRp30.7t29.6x21.6x3.5x
Thu, 22 Jun 2023Rp672.4tRp188.7tRp30.7t30.4x21.9x3.6x
Sat, 20 May 2023Rp672.5tRp188.7tRp30.7t29.4x21.9x3.6x
Mon, 17 Apr 2023Rp710.9tRp187.1tRp30.9t25.7x23x3.8x
Wed, 15 Mar 2023Rp680.1tRp185.5tRp31.6t23.7x21.5x3.7x
Fri, 10 Feb 2023Rp654.7tRp185.2tRp31.4t22.1x20.8x3.5x
Price to Earnings Ratio

20.8x


Total Market Cap: Rp654.7tTotal Earnings: Rp31.4tTotal Revenue: Rp185.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Telecom Services and Carriers Industry Price to Earnings3Y Average 21.5x202420252026
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 33.5x which is higher than its 3-year average PE of 21.5x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.7x.
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-12.73%
Telecom-17.59%
Telecom Services and Carriers-17.26%
Alternative Carriers-2.54%
Integrated Telecom Services-19.54%
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 6.7%, 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 6.7% 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 6.7% 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
DNET Indoritel Makmur InternasionalRp8.98k0.3%
+Rp354.6b		-2.4%PE109.2x

Latest News

TOWR
Rp530.00
Sarana Menara Nusantara
7D
-15.2%
1Y
-15.9%
DATA
Rp3,700.00
Remala Abadi
7D
-22.6%
1Y
262.7%
CENT
Rp117.00
Centratama Telekomunikasi Indonesia
7D
-24.5%
1Y
154.3%
TBIG
Rp1,750.00
Tower Bersama Infrastructure
7D
-12.1%
1Y
-15.9%
TLKM
Rp3,500.00
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
7D
-9.1%
1Y
33.1%

TLKM: Infrastructure Spinoff And Streamlining Will Unlock Future Capital Benefits

Analysts have nudged their fair value estimate for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia slightly higher to IDR 4,500, citing updated assumptions on growth, margins and future P/E, along with recent Street research highlighting potential capital benefits from the company’s infrastructure spinoff and streamlining plans. Analyst Commentary Recent Street commentary has turned more constructive on Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia, with bullish analysts pointing to valuation support and potential capital benefits from the planned infrastructure spinoff and streamlining efforts.
MTEL
Rp550.00
Dayamitra Telekomunikasi
7D
-6.0%
1Y
-15.4%
LINK
Rp2,060.00
Link Net
7D
-36.0%
1Y
-15.2%
DNET
Rp8,975.00
Indoritel Makmur Internasional
7D
0.3%
1Y
-2.4%
MORA
Rp9,925.00
Mora Telematika Indonesia
7D
-34.3%
1Y
2,406.3%