Indonesian (IDX) Telecom Services and Carriers Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies15
- 7D-3.2%
- 3M-17.3%
- 1Y-20.2%
- YTD-17.7%
Over the last 7 days, the Telecom Services and Carriers industry has dropped 2.7%, driven by a pullback from Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia of 6.5%. Meanwhile, Tower Bersama Infrastructure actually outperformed within the industry, gaining 7.8% in the last week. Overall the industry is down 21% in 12 months. Looking forward, earnings are forecast to grow by 7.7% annually.
Industry Valuation and Performance
Has the Indonesian Telecom Services and Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | Rp567.2t | Rp192.1t | Rp33.1t | 24.7x | 17.1x | 3x |
| Sun, 24 Mar 2024 | Rp658.7t | Rp191.0t | Rp32.8t | 25.8x | 20.1x | 3.4x |
| Tue, 20 Feb 2024 | Rp689.4t | Rp191.1t | Rp32.8t | 23.3x | 21x | 3.6x |
| Thu, 18 Jan 2024 | Rp681.7t | Rp191.2t | Rp33.1t | 24.2x | 20.6x | 3.6x |
| Sat, 16 Dec 2023 | Rp689.9t | Rp191.1t | Rp33.0t | 20.8x | 20.9x | 3.6x |
| Mon, 13 Nov 2023 | Rp636.9t | Rp190.9t | Rp33.2t | 21.1x | 19.2x | 3.3x |
| Wed, 11 Oct 2023 | Rp654.6t | Rp189.7t | Rp29.8t | 25.8x | 22x | 3.5x |
| Fri, 08 Sep 2023 | Rp666.4t | Rp189.8t | Rp29.9t | 29.7x | 22.3x | 3.5x |
| Sun, 06 Aug 2023 | Rp643.3t | Rp189.8t | Rp29.9t | 29.2x | 21.5x | 3.4x |
| Tue, 04 Jul 2023 | Rp672.4t | Rp188.7t | Rp30.7t | 29x | 21.9x | 3.6x |
| Thu, 01 Jun 2023 | Rp684.4t | Rp188.7t | Rp30.7t | 29.4x | 22.3x | 3.6x |
| Sat, 29 Apr 2023 | Rp710.6t | Rp187.2t | Rp30.7t | 25.4x | 23.1x | 3.8x |
| Mon, 27 Mar 2023 | Rp682.5t | Rp186.7t | Rp29.7t | 25.3x | 23x | 3.7x |
| Wed, 22 Feb 2023 | Rp670.1t | Rp185.2t | Rp31.4t | 22.4x | 21.3x | 3.6x |
| Fri, 20 Jan 2023 | Rp674.2t | Rp185.2t | Rp31.4t | 21.4x | 21.5x | 3.6x |
| Sun, 18 Dec 2022 | Rp665.2t | Rp185.2t | Rp31.4t | 23.3x | 21.2x | 3.6x |
| Tue, 15 Nov 2022 | Rp699.4t | Rp184.0t | Rp30.6t | 22.7x | 22.9x | 3.8x |
| Thu, 13 Oct 2022 | Rp738.4t | Rp183.6t | Rp33.7t | 22.2x | 21.9x | 4x |
| Sat, 10 Sep 2022 | Rp774.0t | Rp183.5t | Rp33.7t | 25.9x | 23x | 4.2x |
| Mon, 08 Aug 2022 | Rp778.8t | Rp182.7t | Rp33.7t | 28.8x | 23.1x | 4.3x |
| Wed, 06 Jul 2022 | Rp690.6t | Rp177.0t | Rp34.0t | 27.3x | 20.3x | 3.9x |
| Fri, 03 Jun 2022 | Rp721.4t | Rp176.3t | Rp33.5t | 23.6x | 21.5x | 4.1x |
| Sun, 01 May 2022 | Rp771.9t | Rp175.6t | Rp32.6t | 24.3x | 23.7x | 4.4x |
| Tue, 29 Mar 2022 | Rp774.7t | Rp174.2t | Rp30.9t | 25.2x | 25.1x | 4.4x |
| Thu, 24 Feb 2022 | Rp769.0t | Rp173.6t | Rp30.5t | 25.1x | 25.2x | 4.4x |
| Sat, 22 Jan 2022 | Rp713.4t | Rp173.6t | Rp31.2t | 21.1x | 22.8x | 4.1x |
| Mon, 20 Dec 2021 | Rp692.7t | Rp173.6t | Rp31.2t | 21.6x | 22.2x | 4x |
| Wed, 17 Nov 2021 | Rp579.1t | Rp163.0t | Rp28.8t | 21.2x | 20.1x | 3.6x |
| Fri, 15 Oct 2021 | Rp599.3t | Rp162.9t | Rp28.8t | 19.7x | 20.8x | 3.7x |
| Sun, 12 Sep 2021 | Rp556.0t | Rp162.8t | Rp28.8t | 20.8x | 19.3x | 3.4x |
| Tue, 10 Aug 2021 | Rp541.5t | Rp162.8t | Rp28.8t | 19.9x | 18.8x | 3.3x |
| Mon, 03 May 2021 | Rp517.7t | Rp159.5t | Rp26.9t | 16.7x | 19.2x | 3.2x |
Price to Earnings Ratio
19.2x
Current Industry PE
- Investors are pessimistic on the Indonesian Telecom industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 17.3x which is lower than its 3-year average PE of 21.4x.
- The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 3.0x.
Past Earnings Growth
- The earnings for companies in the Telecom industry have grown 7.1% per year over the last three years.
- Revenues for these companies have grown 6.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indonesian Telecom industry?
| ID Market | 0.59% | |
| Telecom | -1.71% | |
| Telecom Services and Carriers | -3.17% | |
| Alternative Carriers | -0.53% | |
| Integrated Telecom Services | -3.52% | |
Industry PE
- Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 52.4x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Integrated Telecom Services industry, which is trading below its 3-year average of 20.4x.
Forecasted Growth
- Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 7.7% over the next 5 years.
- This is better than its past earnings decline of 0.7% per year.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 7.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TBIG Tower Bersama Infrastructure | Rp1.86k | 7.5% +Rp2.9t | -11.2% | PE26.9x | |
| TOWR Sarana Menara Nusantara | Rp815.00 | 1.2% +Rp498.0b | -22.7% | PE12.5x | |
| MORA Mora Telematika Indonesia | Rp460.00 | 1.3% +Rp141.9b | -0.4% | PE19.3x | |
| GHON Gihon Telekomunikasi Indonesia | Rp1.87k | 0.5% +Rp5.5b | 8.7% | PE10.2x |