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Indonesian (IDX) Telecom Services and Carriers Industry Analysis

UpdatedMar 26, 2026
DataAggregated Company Financials
Companies16
  • 7D4.5%
  • 3M-21.2%
  • 1Y34.6%
  • YTD-25.3%

The Telecom Services and Carriers is pretty flat in the last 7 days, but Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia has stood out, gaining 8.2%. As for the the longer term, the industry is up 32% over the past 12 months. 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
Thu, 26 Mar 2026Rp701.5tRp191.7tRp27.4t20.1x25.6x3.7x
Sat, 21 Feb 2026Rp793.5tRp191.3tRp27.1t20.8x29.3x4.1x
Mon, 19 Jan 2026Rp984.4tRp191.5tRp27.2t23.7x36.3x5.1x
Wed, 17 Dec 2025Rp893.2tRp191.5tRp27.2t23.1x32.9x4.7x
Fri, 14 Nov 2025Rp753.6tRp191.2tRp26.9t21.6x28x3.9x
Sun, 12 Oct 2025Rp603.0tRp191.3tRp28.9t21.7x20.9x3.2x
Tue, 09 Sep 2025Rp599.9tRp191.1tRp28.8t22.3x20.9x3.1x
Thu, 07 Aug 2025Rp588.3tRp190.9tRp28.8t21.5x20.5x3.1x
Sat, 05 Jul 2025Rp604.0tRp193.9tRp28.6t18.1x21.1x3.1x
Mon, 02 Jun 2025Rp631.3tRp193.9tRp28.7t19.4x22x3.3x
Wed, 30 Apr 2025Rp596.3tRp194.2tRp27.9t19.5x21.4x3.1x
Fri, 28 Mar 2025Rp554.3tRp191.7tRp28.7t21.5x19.3x2.9x
Sun, 23 Feb 2025Rp617.7tRp191.4tRp28.4t24.8x21.7x3.2x
Tue, 21 Jan 2025Rp548.2tRp190.7tRp28.0t25.8x19.6x2.9x
Thu, 19 Dec 2024Rp543.8tRp190.7tRp28.0t21.5x19.4x2.9x
Sat, 16 Nov 2024Rp582.8tRp191.6tRp28.6t22.5x20.4x3x
Mon, 14 Oct 2024Rp634.4tRp193.2tRp30.4t23.5x20.9x3.3x
Wed, 11 Sep 2024Rp680.8tRp193.1tRp31.4t22.8x21.7x3.5x
Fri, 09 Aug 2024Rp568.0tRp193.1tRp31.5t18x18x2.9x
Sun, 07 Jul 2024Rp573.7tRp192.5tRp33.0t25.2x17.4x3x
Tue, 04 Jun 2024Rp552.0tRp192.5tRp33.0t25x16.7x2.9x
Thu, 02 May 2024Rp582.5tRp192.1tRp33.1t25.9x17.6x3x
Sat, 30 Mar 2024Rp619.4tRp190.5tRp33.7t25.2x18.4x3.3x
Mon, 26 Feb 2024Rp685.6tRp191.1tRp32.8t24.6x20.9x3.6x
Wed, 24 Jan 2024Rp677.2tRp191.2tRp33.1t22.9x20.5x3.5x
Fri, 22 Dec 2023Rp684.6tRp191.1tRp33.0t20.4x20.7x3.6x
Sun, 19 Nov 2023Rp641.2tRp190.9tRp33.2t21.2x19.3x3.4x
Tue, 17 Oct 2023Rp658.1tRp189.7tRp29.8t26x22.1x3.5x
Thu, 14 Sep 2023Rp658.3tRp189.8tRp29.9t29.2x22x3.5x
Sat, 12 Aug 2023Rp657.5tRp189.8tRp29.9t30.1x22x3.5x
Mon, 10 Jul 2023Rp672.6tRp188.7tRp30.7t29.7x21.9x3.6x
Wed, 07 Jun 2023Rp679.6tRp188.7tRp30.7t29.2x22.2x3.6x
Fri, 05 May 2023Rp689.6tRp188.3tRp30.9t24.8x22.3x3.7x
Sun, 02 Apr 2023Rp682.6tRp187.0tRp29.4t26.1x23.2x3.6x
Price to Earnings Ratio

23.2x


Total Market Cap: Rp682.6tTotal 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 24.5x 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 Market2.37%
Telecom3.91%
Telecom Services and Carriers4.52%
Integrated Telecom Services5.60%
Alternative Carriers0.16%
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
TLKM Perusahaan Perseroan (Persero) PT Telekomunikasi IndonesiaRp3.17k3.9%
+Rp11.9t
31.5%PE14.4x
MORA Mora Telematika IndonesiaRp4.67k2.9%
+Rp3.1t
1,028.0%PE396.1x
TOWR Sarana Menara NusantaraRp498.004.2%
+Rp1.2t
-1.4%PE7.9x
TBIG Tower Bersama InfrastructureRp1.64k1.2%
+Rp446.1b
-17.6%PE28.1x
LINK Link NetRp1.90k3.6%
+Rp178.9b
6.2%PS1.7x

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