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Indonesian (IDX) Telecom Services and Carriers Industry Analysis

UpdatedMar 29, 2026
DataAggregated Company Financials
Companies16
  • 7D0.6%
  • 3M-24.1%
  • 1Y29.9%
  • YTD-28.1%

Over the last 7 days, the Telecom Services and Carriers industry has remained flat. The past year has been better, since the industry has gained 30% in that time. Looking forward, earnings are forecast to grow by 6.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Mar 2026Rp675.5tRp191.7tRp27.4t19.4x24.7x3.5x
Wed, 25 Feb 2026Rp780.6tRp191.3tRp27.1t20.8x28.8x4.1x
Fri, 23 Jan 2026Rp992.8tRp191.5tRp27.2t23.1x36.6x5.2x
Sun, 21 Dec 2025Rp879.1tRp191.5tRp27.2t22.5x32.4x4.6x
Tue, 18 Nov 2025Rp784.8tRp191.5tRp27.2t21.6x28.9x4.1x
Thu, 16 Oct 2025Rp607.6tRp191.3tRp28.9t21.1x21.1x3.2x
Sat, 13 Sep 2025Rp596.5tRp191.1tRp28.8t22.1x20.7x3.1x
Mon, 11 Aug 2025Rp582.3tRp190.9tRp28.8t21.5x20.3x3x
Wed, 09 Jul 2025Rp593.8tRp193.9tRp28.6t17.9x20.8x3.1x
Fri, 06 Jun 2025Rp629.5tRp193.9tRp28.7t18.7x21.9x3.2x
Sun, 04 May 2025Rp612.9tRp193.2tRp28.5t19.4x21.5x3.2x
Tue, 01 Apr 2025Rp564.8tRp191.9tRp28.7t21.9x19.7x2.9x
Thu, 27 Feb 2025Rp594.7tRp191.4tRp28.4t24.2x20.9x3.1x
Sat, 25 Jan 2025Rp564.8tRp190.7tRp28.0t26.2x20.2x3x
Mon, 23 Dec 2024Rp537.4tRp190.7tRp28.0t21.4x19.2x2.8x
Wed, 20 Nov 2024Rp607.7tRp192.6tRp29.1t23x20.9x3.2x
Fri, 18 Oct 2024Rp642.4tRp193.2tRp30.4t23.5x21.2x3.3x
Sun, 15 Sep 2024Rp662.1tRp193.1tRp31.4t22.2x21.1x3.4x
Tue, 13 Aug 2024Rp570.0tRp193.1tRp31.4t17.7x18.2x3x
Thu, 11 Jul 2024Rp593.5tRp192.5tRp32.0t21.8x18.5x3.1x
Sat, 08 Jun 2024Rp576.2tRp192.5tRp33.0t25.2x17.5x3x
Mon, 06 May 2024Rp577.8tRp192.2tRp33.0t23.5x17.5x3x
Wed, 03 Apr 2024Rp573.3tRp188.6tRp32.5t25.2x17.7x3x
Fri, 01 Mar 2024Rp675.6tRp191.1tRp32.8t23.9x20.6x3.5x
Sun, 28 Jan 2024Rp677.9tRp191.2tRp33.1t23.1x20.5x3.5x
Tue, 26 Dec 2023Rp689.5tRp191.1tRp33.0t23.1x20.9x3.6x
Thu, 23 Nov 2023Rp648.1tRp190.9tRp33.2t20.8x19.5x3.4x
Sat, 21 Oct 2023Rp644.2tRp189.7tRp29.8t24.1x21.6x3.4x
Mon, 18 Sep 2023Rp651.9tRp189.8tRp29.9t28.7x21.8x3.4x
Wed, 16 Aug 2023Rp661.5tRp189.8tRp29.9t30.5x22.1x3.5x
Fri, 14 Jul 2023Rp665.3tRp188.7tRp30.7t28.9x21.7x3.5x
Sun, 11 Jun 2023Rp686.5tRp188.7tRp30.7t29.6x22.4x3.6x
Tue, 09 May 2023Rp680.1tRp188.7tRp31.0t25x21.9x3.6x
Thu, 06 Apr 2023Rp681.6tRp187.0tRp29.4t24.9x23.2x3.6x
Price to Earnings Ratio

23.2x


Total Market Cap: Rp681.6tTotal Earnings: Rp29.4tTotal Revenue: Rp187.0tTotal 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 optimistic on the Indonesian Telecom industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 24.7x which is higher than its 3-year average PE 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 2.4% 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-0.31%
Telecom0.017%
Telecom Services and Carriers0.63%
Alternative Carriers1.10%
Integrated Telecom Services0.52%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average PE ratio of 18.4x.
    • Analysts are expecting annual earnings growth of 6.3%, 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 6.3% 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 6.3% 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 IndonesiaRp4.60k1.3%
+Rp1.4t		1,011.1%PE390.1x
DNET Indoritel Makmur InternasionalRp9.08k1.1%
+Rp1.4t		-1.4%PE110.4x
TOWR Sarana Menara NusantaraRp490.002.5%
+Rp698.5b		-3.0%PE7.8x
TBIG Tower Bersama InfrastructureRp1.64k1.2%
+Rp446.1b		-17.6%PE28.1x
BALI Bali Towerindo SentraRp1.30k6.1%
+Rp295.1b		7.4%PE28.1x

Latest News

IBST
Rp4,500.00
Inti Bangun Sejahtera
7D
0.2%
1Y
-8.9%
TOWR
Rp490.00
Sarana Menara Nusantara
7D
2.5%
1Y
-3.0%

TOWR: Share Buyback Plan Will Support Future Upside Despite Slightly Higher Assumptions

Analysts have trimmed their price target for Sarana Menara Nusantara slightly to IDR 785.5 per share, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E multiples. What's in the News The Board of Directors authorized a share buyback plan on February 2, 2026, signaling approval for repurchases within a defined period (company announcement).
BALI
Rp1,300.00
Bali Towerindo Sentra
7D
6.1%
1Y
7.4%
LINK
Rp1,850.00
Link Net
7D
1.1%
1Y
3.6%
TBIG
Rp1,640.00
Tower Bersama Infrastructure
7D
1.2%
1Y
-17.6%
DATA
Rp3,630.00
Remala Abadi
7D
-2.2%
1Y
245.7%
CENT
Rp99.00
Centratama Telekomunikasi Indonesia
7D
1.0%
1Y
125.0%
GOLD
Rp268.00
Visi Telekomunikasi Infrastruktur
7D
-3.6%
1Y
3.1%
DNET
Rp9,075.00
Indoritel Makmur Internasional
7D
1.1%
1Y
-1.4%
MORA
Rp4,600.00
Mora Telematika Indonesia
7D
1.3%
1Y
1,011.1%