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Indonesian (IDX) Integrated Telecom Services Industry Analysis

UpdatedFeb 24, 2026
DataAggregated Company Financials
Companies13
  • 7D2.5%
  • 3M-3.9%
  • 1Y57.1%
  • YTDn/a

In the last week, the Integrated Telecom Services industry is up 2.6%, with Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia up 2.9%. This takes the industry's 12 month performance to a gain of 54%. Looking forward, earnings are forecast to grow by 6.6% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Feb 2026Rp656.9tRp185.8tRp27.3t20.8x24.1x3.5x
Thu, 22 Jan 2026Rp843.2tRp185.8tRp27.3t23.1x30.9x4.5x
Sat, 20 Dec 2025Rp739.9tRp185.8tRp27.3t22.5x27.1x4x
Mon, 17 Nov 2025Rp641.5tRp185.8tRp27.3t21.6x23.5x3.5x
Wed, 15 Oct 2025Rp456.9tRp186.0tRp29.2t21.5x15.6x2.5x
Fri, 12 Sep 2025Rp457.6tRp186.0tRp29.2t21.9x15.7x2.5x
Sun, 10 Aug 2025Rp445.4tRp186.1tRp29.3t21.5x15.2x2.4x
Tue, 08 Jul 2025Rp459.4tRp189.1tRp29.2t18.1x15.7x2.4x
Thu, 05 Jun 2025Rp487.4tRp189.1tRp29.3t18.5x16.6x2.6x
Sat, 03 May 2025Rp464.9tRp188.9tRp29.2t19.4x15.9x2.5x
Mon, 31 Mar 2025Rp428.9tRp187.4tRp29.5t21.9x14.5x2.3x
Wed, 26 Feb 2025Rp448.5tRp187.1tRp29.3t24.2x15.3x2.4x
Fri, 24 Jan 2025Rp432.0tRp185.2tRp28.1t26.6x15.3x2.3x
Sun, 22 Dec 2024Rp405.5tRp185.2tRp28.2t21.4x14.4x2.2x
Tue, 19 Nov 2024Rp453.1tRp187.1tRp29.2t23x15.5x2.4x
Thu, 17 Oct 2024Rp506.5tRp187.5tRp30.4t22.8x16.7x2.7x
Sat, 14 Sep 2024Rp514.1tRp187.4tRp31.4t22.2x16.4x2.7x
Mon, 12 Aug 2024Rp494.0tRp187.4tRp31.4t17.8x15.7x2.6x
Wed, 10 Jul 2024Rp512.1tRp186.8tRp32.0t21.7x16x2.7x
Fri, 07 Jun 2024Rp500.2tRp186.8tRp32.9t25.1x15.2x2.7x
Sun, 05 May 2024Rp509.0tRp186.5tRp32.9t23.5x15.5x2.7x
Tue, 02 Apr 2024Rp551.9tRp184.6tRp33.3t25.1x16.6x3x
Thu, 29 Feb 2024Rp606.6tRp185.3tRp32.3t22.9x18.8x3.3x
Sat, 27 Jan 2024Rp609.2tRp185.3tRp32.3t23.1x18.9x3.3x
Mon, 25 Dec 2023Rp617.9tRp185.2tRp32.3t23.1x19.1x3.3x
Wed, 22 Nov 2023Rp574.6tRp184.9tRp32.2t21x17.9x3.1x
Fri, 20 Oct 2023Rp574.3tRp184.1tRp28.7t21.1x20x3.1x
Sun, 17 Sep 2023Rp586.0tRp184.1tRp28.7t23x20.4x3.2x
Tue, 15 Aug 2023Rp594.8tRp184.1tRp28.7t24.4x20.7x3.2x
Thu, 13 Jul 2023Rp611.2tRp183.1tRp29.4t23.8x20.8x3.3x
Sat, 10 Jun 2023Rp627.0tRp183.1tRp29.4t24.4x21.3x3.4x
Mon, 08 May 2023Rp629.9tRp183.2tRp29.5t23.8x21.4x3.4x
Wed, 05 Apr 2023Rp619.3tRp181.6tRp27.7t23.1x22.4x3.4x
Fri, 03 Mar 2023Rp607.4tRp179.7tRp29.5t22.7x20.6x3.4x
Price to Earnings Ratio

20.6x


Total Market Cap: Rp607.4tTotal Earnings: Rp29.5tTotal Revenue: Rp179.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Integrated Telecom Services Industry Price to Earnings3Y Average 18.4x202420252026
Current Industry PE
  • Investors are optimistic on the Indonesian Integrated Telecommunication Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 24.1x which is higher than its 3-year average PE of 18.4x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Integrated Telecommunication Services industry have declined 2.6% 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 Comparison

How does Indonesian Integrated Telecom Services compare with similar industries?

ID Market1.83%
Telecom3.75%
Telecom Services and Carriers1.82%
Integrated Telecom Services2.49%
Alternative Carriers-1.29%
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 IndonesiaRp3.58k3.8%
+Rp12.9t		45.5%PE16.3x
TBIG Tower Bersama InfrastructureRp1.74k0.9%
+Rp334.6b		-21.1%PE29.7x
BALI Bali Towerindo SentraRp1.42k4.8%
+Rp255.7b		-0.4%PE31.3x
DATA Remala AbadiRp3.93k4.2%
+Rp220.0b		85.4%PE49.5x
CENT Centratama Telekomunikasi IndonesiaRp127.001.6%
+Rp62.4b		217.5%PS1.6x

Latest News

TLKM
Rp3,580.00
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
7D
3.8%
1Y
45.5%

TLKM: Governance Changes And Share Buybacks Will Shape Fairly Valued Outlook

Analysts have slightly raised their IDR fair value estimate for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia from IDR 3,106.86 to IDR 3,167.87, citing updated assumptions around revenue growth, profit margins, discount rate and future P/E levels. What's in the News The company approved amendments to its Articles of Association at an Extraordinary General Meeting held on December 12, 2025, signaling changes to its formal governance framework (Key Developments).
TOWR
Rp510.00
Sarana Menara Nusantara
7D
-2.9%
1Y
-10.5%

TOWR: Share Buyback Plan Will Support A Higher Future Market Rating

Analysts have adjusted their price target on Sarana Menara Nusantara to reflect updated assumptions on discount rate, revenue growth, profit margin, and future P/E. This has resulted in a revised fair value estimate of IDR 1,108.45.
GHON
Rp1,800.00
Gihon Telekomunikasi Indonesia
7D
1.1%
1Y
15.0%
JAST
Rp107.00
PT. Jasnita Telekomindo
7D
3.9%
1Y
81.4%
BALI
Rp1,415.00
Bali Towerindo Sentra
7D
4.8%
1Y
-0.4%
TBIG
Rp1,735.00
Tower Bersama Infrastructure
7D
0.9%
1Y
-21.1%
DATA
Rp3,930.00
Remala Abadi
7D
4.2%
1Y
85.4%
KBLV
Rp139.00
First Media
7D
-3.5%
1Y
61.6%
CENT
Rp127.00
Centratama Telekomunikasi Indonesia
7D
1.6%
1Y
217.5%
IBST
Rp4,960.00
Inti Bangun Sejahtera
7D
0.4%
1Y
n/a
MTEL
Rp540.00
Dayamitra Telekomunikasi
7D
-1.8%
1Y
-12.2%
MORA
Rp6,550.00
Mora Telematika Indonesia
7D
-4.7%
1Y
1,537.5%