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Indonesian (IDX) Integrated Telecom Services Industry Analysis

UpdatedMar 26, 2026
DataAggregated Company Financials
Companies13
  • 7D5.6%
  • 3M-24.3%
  • 1Y46.6%
  • YTDn/a

Over the last 7 days, the Integrated Telecom Services industry has risen 5.6%, driven by gains from Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia of 8.2%. This takes the industry's 12 month performance to a gain of 47%. As for the next few years, earnings are expected to grow by 6.3% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Mar 2026Rp567.9tRp186.2tRp27.5t20.1x20.6x3x
Sat, 21 Feb 2026Rp657.6tRp185.8tRp27.3t20.8x24.1x3.5x
Mon, 19 Jan 2026Rp843.4tRp185.8tRp27.3t23.7x30.9x4.5x
Wed, 17 Dec 2025Rp751.8tRp185.8tRp27.3t22.9x27.6x4x
Fri, 14 Nov 2025Rp617.1tRp185.8tRp27.3t21.6x22.6x3.3x
Sun, 12 Oct 2025Rp462.8tRp186.0tRp29.2t21.7x15.8x2.5x
Tue, 09 Sep 2025Rp460.3tRp186.0tRp29.2t22.3x15.8x2.5x
Thu, 07 Aug 2025Rp448.8tRp186.1tRp29.3t21.5x15.3x2.4x
Sat, 05 Jul 2025Rp462.0tRp189.1tRp29.2t18.1x15.8x2.4x
Mon, 02 Jun 2025Rp485.9tRp189.1tRp29.3t19.4x16.6x2.6x
Wed, 30 Apr 2025Rp454.8tRp189.7tRp28.5t19.5x16x2.4x
Fri, 28 Mar 2025Rp420.5tRp187.2tRp29.5t21.5x14.3x2.2x
Sun, 23 Feb 2025Rp473.3tRp187.1tRp29.3t24.8x16.2x2.5x
Tue, 21 Jan 2025Rp418.2tRp185.2tRp28.1t25.8x14.9x2.3x
Thu, 19 Dec 2024Rp411.5tRp185.2tRp28.2t21.5x14.6x2.2x
Sat, 16 Nov 2024Rp449.9tRp187.1tRp29.2t22.5x15.4x2.4x
Mon, 14 Oct 2024Rp501.6tRp187.5tRp30.4t23.5x16.5x2.7x
Wed, 11 Sep 2024Rp514.0tRp187.4tRp31.4t22.8x16.4x2.7x
Fri, 09 Aug 2024Rp495.5tRp187.4tRp31.4t18x15.8x2.6x
Sun, 07 Jul 2024Rp500.2tRp186.8tRp32.9t25.2x15.2x2.7x
Tue, 04 Jun 2024Rp478.9tRp186.8tRp32.9t25x14.6x2.6x
Thu, 02 May 2024Rp512.6tRp186.4tRp32.8t25.9x15.6x2.7x
Sat, 30 Mar 2024Rp549.1tRp184.7tRp33.2t25.2x16.6x3x
Mon, 26 Feb 2024Rp618.5tRp185.3tRp32.3t24.6x19.1x3.3x
Wed, 24 Jan 2024Rp607.8tRp185.3tRp32.3t22.9x18.8x3.3x
Fri, 22 Dec 2023Rp613.6tRp185.2tRp32.3t20.4x19x3.3x
Sun, 19 Nov 2023Rp571.1tRp184.9tRp32.2t21.2x17.7x3.1x
Tue, 17 Oct 2023Rp588.2tRp184.1tRp28.7t22.4x20.5x3.2x
Thu, 14 Sep 2023Rp590.7tRp184.1tRp28.7t23.2x20.6x3.2x
Sat, 12 Aug 2023Rp590.6tRp184.1tRp28.7t24.3x20.6x3.2x
Mon, 10 Jul 2023Rp610.2tRp183.1tRp29.4t23.9x20.8x3.3x
Wed, 07 Jun 2023Rp618.4tRp183.1tRp29.4t24.1x21x3.4x
Fri, 05 May 2023Rp627.5tRp182.8tRp29.4t23.5x21.4x3.4x
Sun, 02 Apr 2023Rp620.2tRp181.6tRp27.7t24.3x22.4x3.4x
Price to Earnings Ratio

22.4x


Total Market Cap: Rp620.2tTotal Earnings: Rp27.7tTotal Revenue: Rp181.6tTotal 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 20.6x 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
  • 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 Market2.37%
Telecom3.91%
Telecom Services and Carriers4.52%
Integrated Telecom Services5.60%
Alternative Carriers0.16%
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 IndonesiaRp3.17k3.9%
+Rp11.9t		31.5%PE14.4x
MORA Mora Telematika IndonesiaRp4.67k2.9%
+Rp3.1t		1,028.0%PE396.1x
TOWR Sarana Menara NusantaraRp498.004.2%
+Rp1.2t		-1.4%PE7.9x
MTEL Dayamitra TelekomunikasiRp540.000.9%
+Rp407.7b		-4.4%PE20.8x
CENT Centratama Telekomunikasi IndonesiaRp102.004.1%
+Rp124.7b		131.8%PS1.3x

Latest News

TLKM
Rp3,170.00
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
7D
3.9%
1Y
31.5%

TLKM: NeutraDC Stake Review And Governance Moves Will Shape Fairly Valued Outlook

Analysts have made a small upward adjustment to their IDR price target for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia to IDR3,169.91 from IDR3,167.87, reflecting updated assumptions around revenue growth, profit margin, discount rate, and future P/E levels. What's in the News M&A discussions are underway as Telkom Indonesia considers selling a stake in its data center unit, NeutraDC.
IBST
Rp4,500.00
Inti Bangun Sejahtera
7D
0.2%
1Y
-8.9%
TOWR
Rp498.00
Sarana Menara Nusantara
7D
4.2%
1Y
-1.4%

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).
BALI
Rp1,210.00
Bali Towerindo Sentra
7D
-1.2%
1Y
-1.6%
GHON
Rp1,810.00
Gihon Telekomunikasi Indonesia
7D
0.8%
1Y
25.7%
JAST
Rp96.00
PT. Jasnita Telekomindo
7D
1.1%
1Y
65.5%
TBIG
Rp1,615.00
Tower Bersama Infrastructure
7D
-0.3%
1Y
-18.8%
CENT
Rp102.00
Centratama Telekomunikasi Indonesia
7D
4.1%
1Y
131.8%
MTEL
Rp540.00
Dayamitra Telekomunikasi
7D
0.9%
1Y
-4.4%
GOLD
Rp270.00
Visi Telekomunikasi Infrastruktur
7D
-2.9%
1Y
3.8%
MORA
Rp4,670.00
Mora Telematika Indonesia
7D
2.9%
1Y
1,028.0%