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

Indonesian (IDX) Integrated Telecom Services Industry Analysis

UpdatedMar 09, 2026
DataAggregated Company Financials
Companies13
  • 7D-8.3%
  • 3M-24.6%
  • 1Y45.9%
  • YTDn/a

Over the last 7 days, the Integrated Telecom Services industry has dropped 8.3%, driven by a pullback from Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia of 9.9%. Meanwhile, Inti Bangun Sejahtera actually outperformed within the industry, gaining 22% in the last week. This takes the industry's 12 month performance to a gain of 46%. 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
Mon, 09 Mar 2026Rp577.6tRp185.8tRp27.3t19.8x21.2x3.1x
Wed, 04 Feb 2026Rp681.1tRp185.8tRp27.3t21x25x3.7x
Fri, 02 Jan 2026Rp806.9tRp185.8tRp27.3t23.9x29.6x4.3x
Sun, 30 Nov 2025Rp641.6tRp185.8tRp27.3t21.3x23.5x3.5x
Tue, 28 Oct 2025Rp501.6tRp186.0tRp29.2t21.6x17.2x2.7x
Thu, 25 Sep 2025Rp465.5tRp186.0tRp29.2t22.3x15.9x2.5x
Sat, 23 Aug 2025Rp478.0tRp186.1tRp29.3t21.1x16.3x2.6x
Mon, 21 Jul 2025Rp426.2tRp187.3tRp28.1t19x15.2x2.3x
Wed, 18 Jun 2025Rp471.3tRp189.1tRp29.3t18.7x16.1x2.5x
Fri, 16 May 2025Rp471.3tRp188.9tRp29.2t18.8x16.1x2.5x
Sun, 13 Apr 2025Rp417.9tRp189.8tRp27.4t19.5x15.2x2.2x
Tue, 11 Mar 2025Rp437.5tRp187.2tRp29.3t23.8x14.9x2.3x
Thu, 06 Feb 2025Rp416.5tRp185.2tRp28.1t23.8x14.8x2.2x
Sat, 04 Jan 2025Rp434.2tRp185.2tRp28.2t23.4x15.4x2.3x
Mon, 02 Dec 2024Rp422.3tRp185.2tRp28.1t23.9x15x2.3x
Wed, 30 Oct 2024Rp495.6tRp187.5tRp30.4t22.2x16.3x2.6x
Fri, 27 Sep 2024Rp529.0tRp187.4tRp31.4t21.9x16.8x2.8x
Sun, 25 Aug 2024Rp504.0tRp187.4tRp31.4t17.6x16x2.7x
Tue, 23 Jul 2024Rp471.3tRp184.9tRp30.8t19.2x15.3x2.5x
Thu, 20 Jun 2024Rp475.7tRp186.8tRp32.9t24.8x14.5x2.5x
Sat, 18 May 2024Rp496.4tRp186.8tRp32.9t24.8x15.1x2.7x
Mon, 15 Apr 2024Rp499.2tRp183.1tRp32.0t25.9x15.6x2.7x
Wed, 13 Mar 2024Rp589.0tRp185.5tRp32.3t26x18.2x3.2x
Fri, 09 Feb 2024Rp604.8tRp185.3tRp32.3t22.1x18.7x3.3x
Sun, 07 Jan 2024Rp610.0tRp185.3tRp32.3t22.4x18.9x3.3x
Tue, 05 Dec 2023Rp600.8tRp185.0tRp32.2t21.4x18.6x3.2x
Thu, 02 Nov 2023Rp550.4tRp185.2tRp32.2t22.2x17.1x3x
Sat, 30 Sep 2023Rp583.1tRp184.1tRp28.7t23.2x20.3x3.2x
Mon, 28 Aug 2023Rp589.6tRp184.1tRp28.7t23.6x20.6x3.2x
Wed, 26 Jul 2023Rp600.2tRp183.1tRp29.4t24x20.4x3.3x
Fri, 23 Jun 2023Rp611.2tRp183.1tRp29.4t24.5x20.8x3.3x
Sun, 21 May 2023Rp611.2tRp183.1tRp29.4t23.8x20.8x3.3x
Tue, 18 Apr 2023Rp641.7tRp181.7tRp29.2t24.8x22x3.5x
Thu, 16 Mar 2023Rp616.9tRp180.0tRp29.7t23.6x20.8x3.4x
Price to Earnings Ratio

20.8x


Total Market Cap: Rp616.9tTotal 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 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 21.2x which is higher than its 3-year average PE 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-7.91%
Telecom-11.49%
Telecom Services and Carriers-7.12%
Integrated Telecom Services-8.34%
Alternative Carriers-1.41%
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
IBST Inti Bangun SejahteraRp5.50k20.9%
+Rp1.3t		3.8%PE18.8x
MORA Mora Telematika IndonesiaRp6.15k0.8%
+Rp1.2t		1,476.9%PE521.6x
GOLD Visi Telekomunikasi InfrastrukturRp288.001.4%
+Rp5.1b		10.8%PE20.8x

Latest News

IBST
Rp5,500.00
Inti Bangun Sejahtera
7D
20.9%
1Y
3.8%
TOWR
Rp458.00
Sarana Menara Nusantara
7D
-8.4%
1Y
-12.8%

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
Rp1,240.00
Bali Towerindo Sentra
7D
-7.1%
1Y
-9.8%
KBLV
Rp96.00
First Media
7D
-19.3%
1Y
9.1%
TLKM
Rp3,100.00
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
7D
-10.1%
1Y
29.7%

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).
TBIG
Rp1,445.00
Tower Bersama Infrastructure
7D
-14.5%
1Y
-34.3%
DATA
Rp3,570.00
Remala Abadi
7D
-6.3%
1Y
83.1%
CENT
Rp99.00
Centratama Telekomunikasi Indonesia
7D
-13.9%
1Y
167.6%
MTEL
Rp510.00
Dayamitra Telekomunikasi
7D
-2.9%
1Y
-15.0%
GOLD
Rp288.00
Visi Telekomunikasi Infrastruktur
7D
1.4%
1Y
10.8%
MORA
Rp6,150.00
Mora Telematika Indonesia
7D
0.8%
1Y
1,476.9%