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Indonesian (IDX) Integrated Telecom Services Industry Analysis

UpdatedApr 26, 2026
DataAggregated Company Financials
Companies13
  • 7D-6.7%
  • 3M-38.6%
  • 1Y31.1%
  • YTDn/a

Over the last 7 days, the Integrated Telecom Services industry has dropped 6.7%, driven by a pullback from Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia of 9.4%. In contrast, Tower Bersama Infrastructure has gained 5.3%. Over the past 12 months, the industry was up 31%. As for the next few years, earnings are expected to grow by 6.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 27 Apr 2026Rp539.9tRp186.8tRp28.3t23.7x19x2.9x
Wed, 25 Mar 2026Rp537.7tRp186.2tRp27.5t20.1x19.5x2.9x
Fri, 20 Feb 2026Rp659.3tRp185.8tRp27.3t20.8x24.2x3.5x
Sun, 18 Jan 2026Rp843.4tRp185.8tRp27.3t23.7x30.9x4.5x
Tue, 16 Dec 2025Rp736.6tRp185.8tRp27.3t23.5x27x4x
Thu, 13 Nov 2025Rp600.1tRp185.8tRp27.3t21.2x22x3.2x
Sat, 11 Oct 2025Rp456.7tRp186.0tRp29.2t21.7x15.6x2.5x
Mon, 08 Sep 2025Rp467.8tRp186.0tRp29.2t22.5x16x2.5x
Wed, 06 Aug 2025Rp453.4tRp186.0tRp28.8t21.5x15.7x2.4x
Fri, 04 Jul 2025Rp462.0tRp189.1tRp29.2t18.2x15.8x2.4x
Sun, 01 Jun 2025Rp485.9tRp189.1tRp29.3t19.4x16.6x2.6x
Tue, 29 Apr 2025Rp456.8tRp189.7tRp28.5t19.4x16x2.4x
Thu, 27 Mar 2025Rp420.4tRp187.2tRp29.3t21.5x14.3x2.2x
Sat, 22 Feb 2025Rp473.3tRp187.1tRp29.3t24.8x16.2x2.5x
Mon, 20 Jan 2025Rp423.5tRp185.2tRp28.1t24.6x15x2.3x
Wed, 18 Dec 2024Rp418.1tRp185.2tRp28.2t21.5x14.8x2.3x
Fri, 15 Nov 2024Rp448.2tRp187.1tRp29.2t22.5x15.3x2.4x
Sun, 13 Oct 2024Rp501.6tRp187.5tRp30.4t23.5x16.5x2.7x
Tue, 10 Sep 2024Rp511.1tRp187.4tRp31.4t21.9x16.3x2.7x
Thu, 08 Aug 2024Rp493.0tRp187.4tRp31.4t18x15.7x2.6x
Sat, 06 Jul 2024Rp496.9tRp186.8tRp32.9t25.2x15.1x2.7x
Mon, 03 Jun 2024Rp478.9tRp186.8tRp32.9t24.8x14.6x2.6x
Wed, 01 May 2024Rp503.6tRp186.4tRp32.8t25.9x15.3x2.7x
Fri, 29 Mar 2024Rp549.1tRp184.7tRp33.2t25.2x16.6x3x
Sun, 25 Feb 2024Rp618.5tRp185.3tRp32.3t24.6x19.1x3.3x
Tue, 23 Jan 2024Rp611.4tRp185.3tRp32.3t23.4x18.9x3.3x
Thu, 21 Dec 2023Rp616.0tRp185.2tRp32.3t20.6x19.1x3.3x
Sat, 18 Nov 2023Rp571.1tRp184.9tRp32.2t21.2x17.7x3.1x
Mon, 16 Oct 2023Rp588.2tRp184.1tRp28.7t22.4x20.5x3.2x
Wed, 13 Sep 2023Rp591.5tRp184.1tRp28.7t23.1x20.6x3.2x
Fri, 11 Aug 2023Rp586.9tRp184.1tRp28.7t24.2x20.5x3.2x
Sun, 09 Jul 2023Rp610.2tRp183.1tRp29.4t23.9x20.8x3.3x
Tue, 06 Jun 2023Rp614.2tRp183.2tRp29.4t19.2x20.9x3.4x
Thu, 04 May 2023Rp624.8tRp182.8tRp29.4t23.4x21.3x3.4x
Price to Earnings Ratio

21.3x


Total Market Cap: Rp624.8tTotal Earnings: Rp29.4tTotal Revenue: Rp182.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Integrated Telecom Services Industry Price to Earnings3Y Average 18.3x202420252026
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 18.3x.
  • 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-7.32%
Telecom-6.48%
Telecom Services and Carriers-5.41%
Integrated Telecom Services-6.67%
Alternative Carriers-0.25%
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
TBIG Tower Bersama InfrastructureRp1.88k5.3%
+Rp2.1t		-5.1%PE29.7x
IBST Inti Bangun SejahteraRp8.48k9.7%
+Rp1.0t		43.6%PE27.8x
GOLD Visi Telekomunikasi InfrastrukturRp286.000.7%
+Rp2.6b		12.6%PE19.2x

Latest News

KBLV
Rp118.00
First Media
7D
-11.3%
1Y
12.4%
TLKM
Rp2,810.00
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
7D
-9.4%
1Y
8.1%

TLKM: Data Center Stake Sale Will Unlock Future Capital Benefits

Analysts have maintained their IDR4,500 price target for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia, citing updated assumptions that reflect a modestly higher revenue growth outlook, slightly stronger profit margins, a lower discount rate, and a somewhat reduced future P/E multiple. What's in the News Telkom Indonesia is exploring a potential sale of a majority stake in its data center unit, NeutraDC, with a targeted valuation in the US$1b to US$1.5b range.
CENT
Rp100.00
Centratama Telekomunikasi Indonesia
7D
-7.4%
1Y
-22.5%
DATA
Rp2,000.00
Remala Abadi
7D
-16.7%
1Y
90.5%
TOWR
Rp488.00
Sarana Menara Nusantara
7D
-4.3%
1Y
-12.1%

TOWR: Share Buyback And Stronger Margins Will Support Future Upside

Analysts have adjusted their price target on Sarana Menara Nusantara to IDR1,025 from IDR1,108. This revision reflects updated assumptions that include a slightly higher discount rate, more moderate revenue growth, stronger profit margins and a lower future P/E multiple.
MORA
Rp5,225.00
Mora Telematika Indonesia
7D
-7.9%
1Y
1,092.9%
IBST
Rp8,475.00
Inti Bangun Sejahtera
7D
9.7%
1Y
43.6%
JAST
Rp99.00
PT. Jasnita Telekomindo
7D
-4.8%
1Y
65.0%
TBIG
Rp1,875.00
Tower Bersama Infrastructure
7D
5.3%
1Y
-5.1%
GOLD
Rp286.00
Visi Telekomunikasi Infrastruktur
7D
0.7%
1Y
12.6%
BALI
Rp1,275.00
Bali Towerindo Sentra
7D
-4.5%
1Y
-2.7%