Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indonesian (IDX) Integrated Telecom Services Industry Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies13
  • 7D-9.8%
  • 3M-29.3%
  • 1Y34.0%
  • YTDn/a

Over the last 7 days, the Integrated Telecom Services industry has dropped 9.8%, driven by Mora Telematika Indonesia declining 25%. Meanwhile, Tower Bersama Infrastructure actually outperformed within the industry, gaining 7.3% in the last week. Over the past 12 months, the industry was up 34%. As for the next few years, earnings are expected to grow by 6.6% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Mar 2026Rp521.1tRp185.8tRp27.3t19.4x19.1x2.8x
Thu, 12 Feb 2026Rp653.7tRp185.8tRp27.3t21x24x3.5x
Sat, 10 Jan 2026Rp811.0tRp185.8tRp27.3t23.1x29.7x4.4x
Mon, 08 Dec 2025Rp749.8tRp185.8tRp27.3t23x27.5x4x
Wed, 05 Nov 2025Rp538.6tRp185.7tRp27.3t21.4x19.8x2.9x
Fri, 03 Oct 2025Rp456.3tRp186.0tRp29.2t22.7x15.6x2.5x
Sun, 31 Aug 2025Rp470.1tRp186.1tRp29.3t22.3x16x2.5x
Tue, 29 Jul 2025Rp437.5tRp187.3tRp28.1t20.7x15.6x2.3x
Thu, 26 Jun 2025Rp454.2tRp189.1tRp29.3t17.9x15.5x2.4x
Sat, 24 May 2025Rp484.4tRp188.9tRp29.2t18.8x16.6x2.6x
Mon, 21 Apr 2025Rp448.6tRp189.7tRp28.5t19.5x15.8x2.4x
Wed, 19 Mar 2025Rp431.9tRp187.2tRp29.3t22.1x14.7x2.3x
Fri, 14 Feb 2025Rp397.3tRp185.2tRp28.1t23.4x14.1x2.1x
Sun, 12 Jan 2025Rp425.7tRp185.2tRp28.1t23.7x15.1x2.3x
Tue, 10 Dec 2024Rp430.7tRp185.2tRp28.1t23.9x15.3x2.3x
Thu, 07 Nov 2024Rp473.2tRp187.0tRp29.3t23.3x16.2x2.5x
Sat, 05 Oct 2024Rp493.1tRp187.5tRp30.4t24.1x16.2x2.6x
Mon, 02 Sep 2024Rp515.2tRp187.4tRp31.4t17.5x16.4x2.7x
Wed, 31 Jul 2024Rp508.7tRp187.4tRp31.4t21.8x16.2x2.7x
Fri, 28 Jun 2024Rp493.2tRp186.8tRp32.9t24.7x15x2.6x
Sun, 26 May 2024Rp488.2tRp186.8tRp32.9t24.6x14.8x2.6x
Tue, 23 Apr 2024Rp506.8tRp186.4tRp32.8t24.6x15.4x2.7x
Thu, 21 Mar 2024Rp592.3tRp185.2tRp32.3t25.5x18.3x3.2x
Sat, 17 Feb 2024Rp622.0tRp185.3tRp32.3t22.4x19.3x3.4x
Mon, 15 Jan 2024Rp619.8tRp185.3tRp32.3t24.7x19.2x3.3x
Wed, 13 Dec 2023Rp611.8tRp185.2tRp32.3t21.2x18.9x3.3x
Fri, 10 Nov 2023Rp567.9tRp185.0tRp32.2t21.9x17.6x3.1x
Sun, 08 Oct 2023Rp582.1tRp184.1tRp28.7t22.4x20.3x3.2x
Tue, 05 Sep 2023Rp587.7tRp184.1tRp28.7t23.7x20.5x3.2x
Thu, 03 Aug 2023Rp581.7tRp184.2tRp28.6t22.9x20.3x3.2x
Sat, 01 Jul 2023Rp611.3tRp183.1tRp29.4t24.1x20.8x3.3x
Mon, 29 May 2023Rp623.2tRp183.2tRp29.4t26.6x21.2x3.4x
Wed, 26 Apr 2023Rp641.1tRp181.7tRp29.2t24.4x21.9x3.5x
Fri, 24 Mar 2023Rp628.2tRp180.0tRp29.7t23.4x21.2x3.5x
Price to Earnings Ratio

21.2x


Total Market Cap: Rp628.2tTotal Earnings: Rp29.7tTotal Revenue: Rp180.0tTotal 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
  • The earnings for companies in the Integrated Telecommunication Services industry have declined 2.8% 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 Market-7.00%
Telecom-7.92%
Telecom Services and Carriers-8.37%
Integrated Telecom Services-9.79%
Alternative Carriers-2.24%
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 IndonesiaRp3.05k3.0%
+Rp8.9t		26.0%PE13.9x
TBIG Tower Bersama InfrastructureRp1.62k9.5%
+Rp3.1t		-20.2%PE27.7x
MTEL Dayamitra TelekomunikasiRp535.004.9%
+Rp2.0t		-6.1%PE20.6x
TOWR Sarana Menara NusantaraRp478.002.6%
+Rp698.5b		-7.2%PE8.1x
DATA Remala AbadiRp3.71k5.1%
+Rp247.5b		267.3%PE46.8x

Latest News

KBLV
Rp106.00
First Media
7D
6.0%
1Y
2.9%
TLKM
Rp3,050.00
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
7D
3.0%
1Y
26.0%

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.
IBST
Rp4,490.00
Inti Bangun Sejahtera
7D
-0.7%
1Y
-9.1%
TOWR
Rp478.00
Sarana Menara Nusantara
7D
2.6%
1Y
-7.2%

TOWR: Share Buyback Plan Will Support Future Upside Despite Lower Multiple

Analysts have trimmed their price target for Sarana Menara Nusantara to IDR785.91 from IDR813.33, reflecting updated assumptions around revenue growth, profit margins, and a slightly lower future P/E multiple. What's in the News The Board of Directors of PT Sarana Menara Nusantara Tbk.
BALI
Rp1,225.00
Bali Towerindo Sentra
7D
-6.5%
1Y
-9.9%
JAST
Rp95.00
PT. Jasnita Telekomindo
7D
-5.0%
1Y
75.9%
TBIG
Rp1,620.00
Tower Bersama Infrastructure
7D
9.5%
1Y
-20.2%
DATA
Rp3,710.00
Remala Abadi
7D
5.1%
1Y
267.3%
CENT
Rp98.00
Centratama Telekomunikasi Indonesia
7D
-7.5%
1Y
71.9%
MTEL
Rp535.00
Dayamitra Telekomunikasi
7D
4.9%
1Y
-6.1%
GOLD
Rp278.00
Visi Telekomunikasi Infrastruktur
7D
-1.4%
1Y
12.1%
MORA
Rp4,540.00
Mora Telematika Indonesia
7D
-25.0%
1Y
1,052.3%