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Indonesian (IDX) Integrated Telecom Services Industry Analysis

UpdatedMar 21, 2026
DataAggregated Company Financials
Companies13
  • 7D3.2%
  • 3M-27.3%
  • 1Y44.1%
  • YTDn/a

Over the last 7 days, the Integrated Telecom Services industry has dropped 1.5%, driven by a pullback from Mora Telematika Indonesia of 14%. Over the past 12 months, the industry was up 40%. Looking forward, earnings are forecast to grow by 6.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Mar 2026Rp537.7tRp186.2tRp27.5t20.1x19.5x2.9x
Mon, 16 Feb 2026Rp640.9tRp185.8tRp27.3t21.2x23.5x3.4x
Wed, 14 Jan 2026Rp821.1tRp185.8tRp27.3t23.1x30.1x4.4x
Fri, 12 Dec 2025Rp785.3tRp185.8tRp27.3t23.9x28.8x4.2x
Sun, 09 Nov 2025Rp549.9tRp185.8tRp27.3t21.1x20.2x3x
Tue, 07 Oct 2025Rp449.1tRp186.0tRp29.2t22.3x15.4x2.4x
Thu, 04 Sep 2025Rp464.3tRp186.1tRp29.3t22.7x15.8x2.5x
Sat, 02 Aug 2025Rp435.1tRp187.5tRp29.4t21.5x14.8x2.3x
Mon, 30 Jun 2025Rp464.4tRp189.1tRp29.3t17.8x15.8x2.5x
Wed, 28 May 2025Rp490.2tRp188.9tRp29.2t19.5x16.8x2.6x
Fri, 25 Apr 2025Rp459.3tRp189.7tRp28.5t19.2x16.1x2.4x
Sun, 23 Mar 2025Rp418.1tRp187.2tRp29.3t21.3x14.3x2.2x
Tue, 18 Feb 2025Rp420.9tRp185.2tRp28.1t24.6x15x2.3x
Thu, 16 Jan 2025Rp421.7tRp185.2tRp28.1t24x15x2.3x
Sat, 14 Dec 2024Rp434.8tRp185.2tRp28.1t24.1x15.4x2.3x
Mon, 11 Nov 2024Rp472.5tRp187.1tRp29.2t22.7x16.2x2.5x
Wed, 09 Oct 2024Rp503.6tRp187.5tRp30.4t23.6x16.6x2.7x
Fri, 06 Sep 2024Rp511.2tRp187.4tRp31.4t18.2x16.3x2.7x
Sun, 04 Aug 2024Rp498.4tRp187.4tRp31.4t18.7x15.9x2.7x
Tue, 02 Jul 2024Rp506.6tRp186.8tRp32.9t24.3x15.4x2.7x
Thu, 30 May 2024Rp477.9tRp186.8tRp32.9t24.8x14.5x2.6x
Sat, 27 Apr 2024Rp499.0tRp186.4tRp32.8t24.4x15.2x2.7x
Mon, 25 Mar 2024Rp590.0tRp185.2tRp32.3t25.8x18.3x3.2x
Wed, 21 Feb 2024Rp628.5tRp185.3tRp32.3t23.4x19.5x3.4x
Fri, 19 Jan 2024Rp606.4tRp185.3tRp32.3t24x18.8x3.3x
Sun, 17 Dec 2023Rp619.2tRp185.2tRp32.3t20.8x19.2x3.3x
Tue, 14 Nov 2023Rp566.3tRp184.9tRp32.2t21.7x17.6x3.1x
Thu, 12 Oct 2023Rp586.1tRp184.1tRp28.7t22.2x20.4x3.2x
Sat, 09 Sep 2023Rp595.2tRp184.1tRp28.7t23.1x20.8x3.2x
Mon, 07 Aug 2023Rp576.9tRp184.2tRp28.7t23.9x20.1x3.1x
Wed, 05 Jul 2023Rp610.6tRp183.1tRp29.4t23.9x20.8x3.3x
Fri, 02 Jun 2023Rp614.2tRp183.2tRp29.4t25x20.9x3.4x
Sun, 30 Apr 2023Rp640.2tRp182.5tRp29.5t24x21.7x3.5x
Tue, 28 Mar 2023Rp617.6tRp181.3tRp27.9t23.9x22.1x3.4x
Price to Earnings Ratio

22.1x


Total Market Cap: Rp617.6tTotal Earnings: Rp27.9tTotal Revenue: Rp181.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Integrated Telecom Services Industry Price to Earnings3Y Average 18.4x202420252026
Current Industry PE
  • Investors are relatively neutral on the Indonesian Integrated Telecommunication Services 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 18.4x.
  • The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Integrated Telecommunication Services industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Comparison

How does Indonesian Integrated Telecom Services compare with similar industries?

ID Market-1.01%
Telecom3.88%
Telecom Services and Carriers3.07%
Integrated Telecom Services3.19%
Alternative Carriers2.59%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TLKM Perusahaan Perseroan (Persero) PT Telekomunikasi IndonesiaRp3.05k2.7%
+Rp7.9t		32.0%PE13.9x
TBIG Tower Bersama InfrastructureRp1.62k8.7%
+Rp2.9t		-17.6%PE27.7x
MTEL Dayamitra TelekomunikasiRp535.005.9%
+Rp2.4t		-2.7%PE20.6x
TOWR Sarana Menara NusantaraRp478.005.8%
+Rp1.5t		-9.0%PE7.6x
MORA Mora Telematika IndonesiaRp4.54k1.3%
+Rp1.4t		1,040.7%PE385x

Latest News

TOWR
Rp478.00
Sarana Menara Nusantara
7D
5.8%
1Y
-9.0%

TOWR: Share Buyback Plan Will Support Future Upside Despite Slightly Higher Assumptions

Analysts have trimmed their price target for Sarana Menara Nusantara slightly to IDR 785.5 per share, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E multiples. What's in the News The Board of Directors authorized a share buyback plan on February 2, 2026, signaling approval for repurchases within a defined period (company announcement).
KBLV
Rp106.00
First Media
7D
-6.2%
1Y
15.2%
TLKM
Rp3,050.00
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
7D
2.7%
1Y
32.0%

TLKM: Data Center Stake Sale And Spin Off Will Unlock Equity Value

Analysts have maintained their fair value estimate for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia at IDR 3,887.27 per share. They have made minor adjustments to assumptions around the discount rate, revenue growth, profit margin, and future P/E to reflect updated modelling inputs.
BALI
Rp1,225.00
Bali Towerindo Sentra
7D
-1.2%
1Y
-2.0%
GHON
Rp1,795.00
Gihon Telekomunikasi Indonesia
7D
-0.8%
1Y
26.9%
JAST
Rp95.00
PT. Jasnita Telekomindo
7D
-2.1%
1Y
66.7%
TBIG
Rp1,620.00
Tower Bersama Infrastructure
7D
8.7%
1Y
-17.6%
DATA
Rp3,710.00
Remala Abadi
7D
12.1%
1Y
238.8%
CENT
Rp98.00
Centratama Telekomunikasi Indonesia
7D
-1.0%
1Y
117.8%
MTEL
Rp535.00
Dayamitra Telekomunikasi
7D
5.9%
1Y
-2.7%
GOLD
Rp278.00
Visi Telekomunikasi Infrastruktur
7D
1.5%
1Y
10.3%
MORA
Rp4,540.00
Mora Telematika Indonesia
7D
1.3%
1Y
1,040.7%