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Indonesian (IDX) Telecom Services and Carriers Industry Analysis

UpdatedAug 26, 2026
DataAggregated Company Financials
Companies15
  • 7D3.4%
  • 3M-11.5%
  • 1Y22.9%
  • YTD-36.3%

Over the last 7 days, the Telecom Services and Carriers industry has risen 3.4%, driven by gains from Mora Telematika Indonesia of 4.9%. In the last 12 months, the industry was up 23%. Looking forward, earnings are forecast to grow by 8.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 27 Aug 2026Rp776.3tRp195.2tRp23.6t20.5x32.9x4x
Sat, 25 Jul 2026Rp821.5tRp191.8tRp23.1t20.6x35.6x4.3x
Mon, 22 Jun 2026Rp706.8tRp192.6tRp23.2t21.7x30.4x3.7x
Wed, 20 May 2026Rp704.0tRp191.8tRp24.4t21.1x28.9x3.7x
Fri, 17 Apr 2026Rp718.2tRp192.2tRp28.2t21.8x25.5x3.7x
Sun, 15 Mar 2026Rp651.2tRp191.3tRp27.1t19.4x24x3.4x
Tue, 10 Feb 2026Rp741.3tRp191.5tRp27.2t20.6x27.3x3.9x
Thu, 08 Jan 2026Rp944.2tRp191.5tRp27.2t24.3x34.8x4.9x
Sat, 06 Dec 2025Rp892.8tRp191.5tRp27.2t23x32.9x4.7x
Mon, 03 Nov 2025Rp645.3tRp191.2tRp27.1t21.6x23.8x3.4x
Wed, 01 Oct 2025Rp591.4tRp191.3tRp28.9t22.1x20.5x3.1x
Fri, 29 Aug 2025Rp625.5tRp191.2tRp28.9t23.3x21.7x3.3x
Sun, 27 Jul 2025Rp572.8tRp192.1tRp27.5t20.6x20.8x3x
Tue, 24 Jun 2025Rp588.9tRp193.9tRp28.7t19x20.5x3x
Thu, 22 May 2025Rp626.9tRp193.7tRp28.6t19.1x21.9x3.2x
Sat, 19 Apr 2025Rp586.3tRp194.4tRp26.8t19.5x21.9x3x
Mon, 17 Mar 2025Rp572.0tRp191.6tRp28.5t22.1x20.1x3x
Wed, 12 Feb 2025Rp521.1tRp190.7tRp28.0t21.5x18.6x2.7x
Fri, 10 Jan 2025Rp553.4tRp190.7tRp28.0t23.4x19.8x2.9x
Sun, 08 Dec 2024Rp563.1tRp190.7tRp28.0t23.9x20.1x3x
Tue, 05 Nov 2024Rp613.2tRp192.3tRp29.5t23x20.8x3.2x
Thu, 03 Oct 2024Rp644.1tRp193.1tRp31.4t23.5x20.5x3.3x
Sat, 31 Aug 2024Rp591.7tRp193.1tRp31.4t17.5x18.8x3.1x
Mon, 29 Jul 2024Rp589.5tRp192.5tRp32.1t21.6x18.4x3.1x
Wed, 26 Jun 2024Rp560.6tRp192.5tRp33.0t24.9x17x2.9x
Fri, 24 May 2024Rp557.7tRp192.5tRp33.0t24.6x16.9x2.9x
Sun, 21 Apr 2024Rp575.7tRp192.1tRp33.1t24.6x17.4x3x
Tue, 19 Mar 2024Rp660.3tRp191.3tRp32.8t25.6x20.1x3.5x
Thu, 15 Feb 2024Rp672.1tRp191.1tRp32.8t22.6x20.5x3.5x
Sat, 13 Jan 2024Rp689.1tRp191.2tRp33.1t24.7x20.8x3.6x
Mon, 11 Dec 2023Rp680.0tRp191.1tRp33.0t21x20.6x3.6x
Wed, 08 Nov 2023Rp630.9tRp191.0tRp33.2t22.8x19x3.3x
Fri, 06 Oct 2023Rp651.5tRp189.7tRp29.8t25.8x21.9x3.4x
Sun, 03 Sep 2023Rp657.6tRp189.8tRp29.9t29.2x22x3.5x
Price to Earnings Ratio

22x


Total Market Cap: Rp657.6tTotal 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 32.9x 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 Market0.47%
Telecom1.86%
Telecom Services and Carriers3.42%
Alternative Carriers5.40%
Integrated Telecom Services2.94%
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 8.0%, 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 8.0% 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 8.0% 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
TOWR Sarana Menara NusantaraRp474.0012.3%
+Rp3.0t		-27.1%PE7.1x
MTEL Dayamitra TelekomunikasiRp460.004.5%
+Rp1.6t		-25.2%PE17.4x
TBIG Tower Bersama InfrastructureRp1.47k5.0%
+Rp1.6t		-23.6%PE23x
CENT Centratama Telekomunikasi IndonesiaRp101.0020.2%
+Rp530.1b		-20.5%PS1.3x
KETR Ketrosden TriasmitraRp620.002.5%
+Rp42.6b		51.2%PE24.2x

Latest News

JAST
Rp111.00
PT. Jasnita Telekomindo
7D
33.7%
1Y
0.9%
CENT
Rp101.00
Centratama Telekomunikasi Indonesia
7D
20.2%
1Y
-20.5%
TOWR
Rp474.00
Sarana Menara Nusantara
7D
12.3%
1Y
-27.1%
LINK
Rp1,470.00
Link Net
7D
-2.0%
1Y
-57.4%
KETR
Rp620.00
Ketrosden Triasmitra
7D
2.5%
1Y
51.2%
KBLV
Rp129.00
First Media
7D
-9.8%
1Y
-44.4%
DNET
Rp9,850.00
Indoritel Makmur Internasional
7D
-0.5%
1Y
1.3%
GOLD
Rp274.00
Visi Telekomunikasi Infrastruktur
7D
3.0%
1Y
6.2%
BALI
Rp1,240.00
Bali Towerindo Sentra
7D
-5.7%
1Y
-17.1%
TBIG
Rp1,470.00
Tower Bersama Infrastructure
7D
5.0%
1Y
-23.6%
GHON
Rp1,630.00
Gihon Telekomunikasi Indonesia
7D
1.2%
1Y
-8.2%
DATA
Rp1,820.00
Remala Abadi
7D
-5.7%
1Y
-60.1%
MTEL
Rp460.00
Dayamitra Telekomunikasi
7D
4.5%
1Y
-25.2%