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Indonesian (IDX) Telecom Services and Carriers Industry Analysis

UpdatedAug 10, 2026
DataAggregated Company Financials
Companies15
  • 7D-5.4%
  • 3M-21.9%
  • 1Y30.0%
  • YTD-37.3%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 5.4%, driven by Mora Telematika Indonesia declining 16%. Over the past 12 months, the industry was up 30%. Earnings are forecast to grow by 8.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 10 Aug 2026Rp763.8tRp195.3tRp23.7t21.4x32.3x3.9x
Wed, 08 Jul 2026Rp821.1tRp192.6tRp23.4t22.6x35x4.3x
Fri, 05 Jun 2026Rp694.5tRp192.6tRp23.2t18.9x29.9x3.6x
Sun, 03 May 2026Rp663.5tRp192.4tRp28.3t22.3x23.5x3.4x
Tue, 31 Mar 2026Rp668.6tRp191.7tRp27.4t20.2x24.4x3.5x
Thu, 26 Feb 2026Rp779.8tRp191.3tRp27.1t21x28.8x4.1x
Sat, 24 Jan 2026Rp1014.8tRp191.5tRp27.2t22.5x37.4x5.3x
Mon, 22 Dec 2025Rp879.1tRp191.5tRp27.2t22.5x32.4x4.6x
Wed, 19 Nov 2025Rp786.3tRp191.5tRp27.2t22x29x4.1x
Fri, 17 Oct 2025Rp613.2tRp191.3tRp28.9t21.6x21.2x3.2x
Sun, 14 Sep 2025Rp600.5tRp191.1tRp28.8t22.1x20.9x3.1x
Tue, 12 Aug 2025Rp589.3tRp190.9tRp28.8t21.5x20.5x3.1x
Thu, 10 Jul 2025Rp593.4tRp193.9tRp28.6t18.4x20.8x3.1x
Sat, 07 Jun 2025Rp629.4tRp193.9tRp28.7t18.7x21.9x3.2x
Mon, 05 May 2025Rp612.9tRp193.2tRp28.7t19.4x21.4x3.2x
Wed, 02 Apr 2025Rp566.2tRp194.4tRp26.8t21.9x21.1x2.9x
Fri, 28 Feb 2025Rp588.8tRp191.4tRp28.4t24.7x20.7x3.1x
Sun, 26 Jan 2025Rp564.3tRp190.7tRp28.0t26.2x20.2x3x
Tue, 24 Dec 2024Rp548.4tRp190.7tRp28.0t22.4x19.6x2.9x
Thu, 21 Nov 2024Rp598.6tRp192.6tRp29.1t23x20.6x3.1x
Sat, 19 Oct 2024Rp642.4tRp193.2tRp30.4t23.3x21.2x3.3x
Mon, 16 Sep 2024Rp662.1tRp193.1tRp31.4t22.2x21.1x3.4x
Wed, 14 Aug 2024Rp570.0tRp193.1tRp31.4t17.5x18.2x3x
Fri, 12 Jul 2024Rp596.0tRp192.5tRp32.0t21.9x18.6x3.1x
Sun, 09 Jun 2024Rp576.8tRp192.5tRp33.0t25.2x17.5x3x
Tue, 07 May 2024Rp578.0tRp192.4tRp33.0t24.3x17.5x3x
Thu, 04 Apr 2024Rp566.9tRp188.6tRp32.3t25.2x17.5x3x
Sat, 02 Mar 2024Rp666.4tRp191.1tRp32.8t24.5x20.3x3.5x
Mon, 29 Jan 2024Rp677.9tRp191.2tRp33.1t23.1x20.5x3.5x
Wed, 27 Dec 2023Rp689.5tRp191.1tRp33.0t23.1x20.9x3.6x
Fri, 24 Nov 2023Rp647.6tRp190.9tRp33.2t20.8x19.5x3.4x
Sun, 22 Oct 2023Rp636.2tRp189.7tRp29.8t24.1x21.4x3.4x
Tue, 19 Sep 2023Rp651.9tRp189.8tRp29.9t28.8x21.8x3.4x
Thu, 17 Aug 2023Rp666.2tRp189.8tRp29.9t30.2x22.3x3.5x
Price to Earnings Ratio

22.3x


Total Market Cap: Rp666.2tTotal Earnings: Rp29.9tTotal Revenue: Rp189.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Telecom Services and Carriers Industry Price to Earnings3Y Average 22.6x202420252026
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 32.3x which is higher than its 3-year average PE of 22.6x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have declined 7.5% 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 Market2.62%
Telecom-3.11%
Telecom Services and Carriers-5.40%
Alternative Carriers-0.24%
Integrated Telecom Services-6.53%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio of 18.6x.
    • Analysts are expecting annual earnings growth of 8.7%, 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 8.7% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 8.7% 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
TLKM Perusahaan Perseroan (Persero) PT Telekomunikasi IndonesiaRp2.71k3.0%
+Rp7.9t		-7.8%PE14.9x
KBLV First MediaRp157.0018.9%
+Rp43.6b		74.4%PS246x
KETR Ketrosden TriasmitraRp565.001.8%
+Rp28.4b		103.2%PE22x
GOLD Visi Telekomunikasi InfrastrukturRp272.003.8%
+Rp12.8b		12.4%PE17.9x
DATA Remala AbadiRp1.97k0.3%
+Rp6.9b		-0.3%PE21.4x

Latest News

TLKM
Rp2,710.00
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
7D
3.0%
1Y
-7.8%
Narrative Update • Aug 04

TLKM: Dividend And Share Buyback Will Support Future Upside

Analysts have trimmed their fair value estimate for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia to IDR 3,533 from IDR 3,629, citing slightly softer assumptions for long term revenue growth, profit margins, and future P/E multiples. What's in the News for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk announced an annual dividend of IDR 223.1659 per share, with an ex dividend date on June 18, 2026, a record date on June 19, 2026, and payment scheduled for July 10, 2026.
MORA
Rp5,250.00
Mora Telematika Indonesia
7D
-16.0%
1Y
1,288.9%
KBLV
Rp157.00
First Media
7D
18.9%
1Y
74.4%
DNET
Rp9,775.00
Indoritel Makmur Internasional
7D
-0.3%
1Y
5.7%
GOLD
Rp272.00
Visi Telekomunikasi Infrastruktur
7D
3.8%
1Y
12.4%
BALI
Rp1,210.00
Bali Towerindo Sentra
7D
-2.0%
1Y
-7.3%
JAST
Rp85.00
PT. Jasnita Telekomindo
7D
1.2%
1Y
-9.6%
TBIG
Rp1,410.00
Tower Bersama Infrastructure
7D
-2.4%
1Y
-27.1%
GHON
Rp1,605.00
Gihon Telekomunikasi Indonesia
7D
-1.5%
1Y
-0.3%
KETR
Rp565.00
Ketrosden Triasmitra
7D
1.8%
1Y
103.2%
DATA
Rp1,965.00
Remala Abadi
7D
0.3%
1Y
-0.3%
MTEL
Rp432.00
Dayamitra Telekomunikasi
7D
-6.5%
1Y
-30.9%
LINK
Rp1,400.00
Link Net
7D
-0.4%
1Y
-22.2%