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Indonesian (IDX) Telecom Services and Carriers Industry Analysis

UpdatedFeb 19, 2026
DataAggregated Company Financials
Companies16
  • 7D1.3%
  • 3M1.9%
  • 1Y39.2%
  • YTD-14.6%

Over the last 7 days, the Telecom Services and Carriers industry has risen 3.0%, driven by gains from Mora Telematika Indonesia of 9.6%. In the last 12 months, the industry was up 34%. As for the next few years, earnings are expected to grow by 6.6% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Feb 2026Rp802.4tRp191.5tRp27.2t21.2x29.6x4.2x
Sat, 17 Jan 2026Rp984.4tRp191.5tRp27.2t23.7x36.3x5.1x
Mon, 15 Dec 2025Rp911.1tRp191.5tRp27.2t24.3x33.6x4.8x
Wed, 12 Nov 2025Rp714.6tRp191.2tRp26.9t21.6x26.6x3.7x
Fri, 10 Oct 2025Rp595.7tRp191.3tRp28.9t21.9x20.6x3.1x
Sun, 07 Sep 2025Rp610.3tRp191.1tRp28.8t22.5x21.2x3.2x
Tue, 05 Aug 2025Rp594.5tRp190.8tRp28.4t21.5x21x3.1x
Thu, 03 Jul 2025Rp614.1tRp193.9tRp28.6t18.5x21.5x3.2x
Sat, 31 May 2025Rp631.3tRp193.7tRp28.6t19.7x22x3.3x
Mon, 28 Apr 2025Rp598.7tRp194.2tRp27.9t19.2x21.5x3.1x
Wed, 26 Mar 2025Rp554.2tRp191.7tRp28.5t21.5x19.4x2.9x
Fri, 21 Feb 2025Rp564.5tRp189.6tRp27.3t24.5x20.6x3x
Sun, 19 Jan 2025Rp554.6tRp190.7tRp28.0t24.6x19.8x2.9x
Tue, 17 Dec 2024Rp552.7tRp190.7tRp28.0t21.7x19.7x2.9x
Thu, 14 Nov 2024Rp587.8tRp191.6tRp28.6t22.6x20.6x3.1x
Sat, 12 Oct 2024Rp632.9tRp193.2tRp30.4t23.5x20.8x3.3x
Mon, 09 Sep 2024Rp670.7tRp193.1tRp31.4t18.2x21.4x3.5x
Wed, 07 Aug 2024Rp560.7tRp193.1tRp31.5t18.1x17.8x2.9x
Fri, 05 Jul 2024Rp571.5tRp192.5tRp33.0t25.7x17.3x3x
Sun, 02 Jun 2024Rp552.0tRp192.5tRp33.0t24.8x16.7x2.9x
Tue, 30 Apr 2024Rp566.7tRp192.1tRp33.1t23.7x17.1x2.9x
Thu, 28 Mar 2024Rp620.3tRp190.5tRp33.7t25.3x18.4x3.3x
Sat, 24 Feb 2024Rp685.6tRp191.1tRp32.8t24.6x20.9x3.6x
Mon, 22 Jan 2024Rp673.9tRp191.2tRp33.1t24.2x20.4x3.5x
Wed, 20 Dec 2023Rp685.2tRp191.1tRp33.0t20.8x20.7x3.6x
Fri, 17 Nov 2023Rp640.4tRp190.9tRp33.2t21.8x19.3x3.4x
Sun, 15 Oct 2023Rp658.1tRp189.7tRp29.8t26x22.1x3.5x
Tue, 12 Sep 2023Rp658.9tRp189.8tRp29.9t29.9x22.1x3.5x
Thu, 10 Aug 2023Rp648.7tRp189.8tRp29.9t30.3x21.7x3.4x
Sat, 08 Jul 2023Rp673.2tRp188.7tRp30.7t29.7x22x3.6x
Mon, 05 Jun 2023Rp675.9tRp188.7tRp30.7t29.4x22x3.6x
Wed, 03 May 2023Rp702.5tRp188.0tRp31.1t25.4x22.6x3.7x
Fri, 31 Mar 2023Rp685.7tRp187.0tRp29.4t25.6x23.3x3.7x
Sun, 26 Feb 2023Rp694.0tRp185.2tRp31.4t22.8x22.1x3.7x
Price to Earnings Ratio

22.1x


Total Market Cap: Rp694.0tTotal Earnings: Rp31.4tTotal Revenue: Rp185.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Telecom Services and Carriers Industry Price to Earnings3Y Average 21.6x202420252026
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 28.7x which is higher than its 3-year average PE of 21.6x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.1x.
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-0.078%
Telecom1.33%
Telecom Services and Carriers1.29%
Integrated Telecom Services1.83%
Alternative Carriers-1.25%
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 6.6%, 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 6.6% 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 6.6% 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 IndonesiaRp7.70k9.6%
+Rp16.0t		1,981.1%PE653x
MTEL Dayamitra TelekomunikasiRp550.000.9%
+Rp407.7b		-14.7%PE21.2x
CENT Centratama Telekomunikasi IndonesiaRp136.005.4%
+Rp218.3b		231.7%PS1.7x
DATA Remala AbadiRp3.88k3.7%
+Rp192.5b		146.3%PE48.9x
TBIG Tower Bersama InfrastructureRp1.75k0.3%
+Rp111.5b		-21.2%PE30x

Latest News

TLKM
Rp3,490.00
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
7D
-1.1%
1Y
30.7%

TLKM: Infrastructure Spinoff And Streamlining Will Unlock Future Equity Value

Analysts have lifted their price target on Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia to IDR 4,000 from IDR 3,400, citing expectations that the infrastructure spinoff and streamlining efforts could help surface additional value in the business. Analyst Commentary Bullish Takeaways Bullish analysts highlight the higher price target of IDR 4,000 as a reflection of what they see as underrecognized value tied to the planned infrastructure spinoff and streamlining plans.
JAST
Rp105.00
PT. Jasnita Telekomindo
7D
-2.8%
1Y
75.0%
BALI
Rp1,360.00
Bali Towerindo Sentra
7D
-4.6%
1Y
-3.5%
TBIG
Rp1,750.00
Tower Bersama Infrastructure
7D
0.3%
1Y
-21.2%
DATA
Rp3,880.00
Remala Abadi
7D
3.7%
1Y
146.3%
KBLV
Rp147.00
First Media
7D
-1.3%
1Y
69.0%
CENT
Rp136.00
Centratama Telekomunikasi Indonesia
7D
5.4%
1Y
231.7%
KETR
Rp675.00
Ketrosden Triasmitra
7D
-4.3%
1Y
294.7%
IBST
Rp4,940.00
Inti Bangun Sejahtera
7D
-9.8%
1Y
-6.8%
MTEL
Rp550.00
Dayamitra Telekomunikasi
7D
0.9%
1Y
-14.7%
LINK
Rp2,380.00
Link Net
7D
-16.5%
1Y
4.4%
DNET
Rp9,050.00
Indoritel Makmur Internasional
7D
-0.3%
1Y
-9.5%
MORA
Rp7,700.00
Mora Telematika Indonesia
7D
9.6%
1Y
1,981.1%