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Indonesian (IDX) Telecom Services and Carriers Industry Analysis

UpdatedAug 23, 2025
DataAggregated Company Financials
Companies16
  • 7D-0.4%
  • 3M8.9%
  • 1Y15.9%
  • YTD10.2%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 2.6%, driven by Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia declining 2.1%. On the other hand Link Net is actually up 45%. In the past year, the industry has gained 17%. As for the next few years, earnings are expected to grow by 5.0% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 23 Aug 2025Rp617.9tRp190.9tRp28.8t21.1x21.5x3.2x
Mon, 21 Jul 2025Rp563.7tRp192.1tRp27.5t19x20.5x2.9x
Wed, 18 Jun 2025Rp605.6tRp193.9tRp28.7t18.7x21.1x3.1x
Fri, 16 May 2025Rp620.6tRp193.7tRp28.6t18.8x21.7x3.2x
Sun, 13 Apr 2025Rp554.9tRp194.3tRp26.8t19.5x20.7x2.9x
Tue, 11 Mar 2025Rp576.5tRp191.6tRp28.5t23.8x20.2x3x
Thu, 06 Feb 2025Rp553.2tRp190.7tRp28.0t23.8x19.8x2.9x
Sat, 04 Jan 2025Rp565.2tRp190.7tRp28.0t23.4x20.2x3x
Mon, 02 Dec 2024Rp554.9tRp190.7tRp28.0t23.9x19.8x2.9x
Wed, 30 Oct 2024Rp631.0tRp193.2tRp30.3t22.2x20.8x3.3x
Fri, 27 Sep 2024Rp662.3tRp193.1tRp31.4t21.9x21.1x3.4x
Sun, 25 Aug 2024Rp581.8tRp193.1tRp31.4t17.6x18.5x3x
Tue, 23 Jul 2024Rp545.7tRp190.6tRp30.9t19.2x17.7x2.9x
Thu, 20 Jun 2024Rp549.8tRp192.5tRp33.0t24.8x16.7x2.9x
Sat, 18 May 2024Rp564.0tRp192.5tRp33.0t24.8x17.1x2.9x
Mon, 15 Apr 2024Rp567.3tRp188.8tRp32.3t25.9x17.6x3x
Wed, 13 Mar 2024Rp657.9tRp191.3tRp32.8t26x20x3.4x
Fri, 09 Feb 2024Rp672.8tRp191.2tRp33.1t22.1x20.4x3.5x
Sun, 07 Jan 2024Rp679.7tRp191.2tRp33.1t22.4x20.6x3.6x
Tue, 05 Dec 2023Rp671.5tRp190.9tRp33.0t21.4x20.4x3.5x
Thu, 02 Nov 2023Rp622.0tRp191.1tRp33.3t22.2x18.7x3.3x
Sat, 30 Sep 2023Rp654.3tRp189.7tRp29.8t27.6x22x3.4x
Mon, 28 Aug 2023Rp658.3tRp189.8tRp29.9t29.9x22x3.5x
Wed, 26 Jul 2023Rp663.8tRp188.7tRp30.7t29.7x21.6x3.5x
Fri, 23 Jun 2023Rp672.4tRp188.7tRp30.7t30.4x21.9x3.6x
Sun, 21 May 2023Rp673.3tRp188.7tRp30.7t29.4x22x3.6x
Tue, 18 Apr 2023Rp703.9tRp187.1tRp30.9t25.9x22.8x3.8x
Thu, 16 Mar 2023Rp679.6tRp185.5tRp31.6t23.6x21.5x3.7x
Sat, 11 Feb 2023Rp660.1tRp185.2tRp31.4t22.3x21x3.6x
Mon, 09 Jan 2023Rp660.3tRp185.2tRp31.4t23.3x21x3.6x
Wed, 07 Dec 2022Rp655.5tRp185.1tRp31.2t23.9x21x3.5x
Fri, 04 Nov 2022Rp721.4tRp184.0tRp30.6t22.5x23.6x3.9x
Sun, 02 Oct 2022Rp765.5tRp183.6tRp33.7t23.2x22.7x4.2x
Tue, 30 Aug 2022Rp758.0tRp182.8tRp33.7t22.3x22.5x4.1x
Price to Earnings Ratio

22.5x


Total Market Cap: Rp758.0tTotal Earnings: Rp33.7tTotal Revenue: Rp182.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Telecom Services and Carriers Industry Price to Earnings3Y Average 20.7x202320242025
Current Industry PE
  • Investors are relatively neutral on the Indonesian Telecom industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 20.7x.
  • 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 5.1% 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-0.76%
Telecom1.11%
Telecom Services and Carriers-0.36%
Alternative Carriers3.85%
Integrated Telecom Services-1.53%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry even though it's trading below its 3-year average PE ratio of 18.2x.
    • Analysts are expecting annual earnings growth of 5.0%, which is higher than its past year's earnings decline of 0.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 5.0% over the next 5 years.
  • This is better than its past earnings decline of 0.3% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 5.0% 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
LINK Link NetRp3.39k45.5%
+Rp2.9t
88.3%PS3.3x
DNET Indoritel Makmur InternasionalRp9.40k1.9%
+Rp2.5t
84.3%PE114.2x
DATA Remala AbadiRp3.06k61.5%
+Rp1.6t
628.6%PE39.1x
CENT Centratama Telekomunikasi IndonesiaRp131.0031.0%
+Rp966.7b
244.7%PS1.6x
TBIG Tower Bersama InfrastructureRp1.92k0.8%
+Rp338.9b
-0.3%PE29.8x

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