Executive Summary
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides telecommunications, information, and media and edutainment services worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Outstanding track record average dividend payer.
Similar Companies
Share Price & News
How has Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TLKM's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
7.3%
TLKM
5.6%
ID Telecom
8.4%
ID Market
1 Year Return
-21.8%
TLKM
-18.2%
ID Telecom
-30.6%
ID Market
Return vs Industry: TLKM underperformed the ID Telecom industry which returned -20.4% over the past year.
Return vs Market: TLKM exceeded the ID Market which returned -31.6% over the past year.
Shareholder returns
| TLKM | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.3% | 5.6% | 8.4% |
| 30 Day | -11.0% | -10.7% | -18.2% |
| 90 Day | -22.6% | -19.3% | -29.0% |
| 1 Year | -18.4%-21.8% | -15.2%-18.2% | -28.4%-30.6% |
| 3 Year | -16.2%-25.2% | -10.7%-19.4% | -15.7%-21.8% |
| 5 Year | 30.6%9.4% | 20.6%4.1% | -8.0%-18.1% |
Price Volatility Vs. Market
How volatile is Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TLKM (IDR3090) is trading below our estimate of fair value (IDR6447.28)
Significantly Below Fair Value: TLKM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TLKM is good value based on its PE Ratio (15.1x) compared to the Telecom industry average (40.1x).
PE vs Market: TLKM is poor value based on its PE Ratio (15.1x) compared to the ID market (10.9x).
Price to Earnings Growth Ratio
PEG Ratio: TLKM is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: TLKM is overvalued based on its PB Ratio (3.1x) compared to the ID Telecom industry average (1.7x).
Next Steps
Future Growth
How is Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
7.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TLKM's forecast earnings growth (7.7% per year) is above the savings rate (7.1%).
Earnings vs Market: TLKM's earnings (7.7% per year) are forecast to grow slower than the ID market (11.2% per year).
High Growth Earnings: TLKM's earnings are forecast to grow, but not significantly.
Revenue vs Market: TLKM's revenue (6.6% per year) is forecast to grow slower than the ID market (9.3% per year).
High Growth Revenue: TLKM's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TLKM's Return on Equity is forecast to be high in 3 years time (21.4%)
Next Steps
Past Performance
How has Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia performed over the past 5 years?
7.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TLKM has high quality earnings.
Growing Profit Margin: TLKM's current net profit margins (15.1%) are higher than last year (14.1%).
Past Earnings Growth Analysis
Earnings Trend: TLKM's earnings have grown by 7% per year over the past 5 years.
Accelerating Growth: TLKM's earnings growth over the past year (9.8%) exceeds its 5-year average (7% per year).
Earnings vs Industry: TLKM earnings growth over the past year (9.8%) exceeded the Telecom industry -6.3%.
Return on Equity
High ROE: TLKM's Return on Equity (25.3%) is considered high.
Next Steps
Financial Health
How is Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's financial position?
Financial Position Analysis
Short Term Liabilities: TLKM's short term assets (IDR45,127.0B) do not cover its short term liabilities (IDR53,880.0B).
Long Term Liabilities: TLKM's short term assets (IDR45,127.0B) exceed its long term liabilities (IDR44,664.0B).
Debt to Equity History and Analysis
Debt Level: TLKM's debt to equity ratio (41.4%) is considered high.
Reducing Debt: TLKM's debt to equity ratio has increased from 24.8% to 41.4% over the past 5 years.
Debt Coverage: TLKM's debt is well covered by operating cash flow (115.3%).
Interest Coverage: TLKM's interest payments on its debt are well covered by EBIT (14.4x coverage).
Balance Sheet
Inventory Level: TLKM has a high level of physical assets or inventory.
Debt Coverage by Assets: TLKM's debt is not covered by short term assets (assets are 0.9x debt).
Next Steps
Dividend
What is Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's current dividend yield, its reliability and sustainability?
5.30%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TLKM's dividend (5.3%) is higher than the bottom 25% of dividend payers in the ID market (1.89%).
High Dividend: TLKM's dividend (5.3%) is low compared to the top 25% of dividend payers in the ID market (8.14%).
Stability and Growth of Payments
Stable Dividend: TLKM's dividend payments have been volatile in the past 10 years.
Growing Dividend: TLKM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.4%), TLKM's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TLKM's dividends in 3 years are forecast to be covered by earnings (82.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Ririek Adriansyah (56yo)
no data
Tenure
Rp12,265,300,000
Compensation
Mr. Ririek Adriansyah has been President Director of PT. Telekomunikasi Selular since January 2015. Mr. Adriansyah serves as President Director at PT Telekomunikasi Indonesia Tbk and served as its Presiden ...
CEO Compensation Analysis
Compensation vs Market: Ririek's total compensation ($USD0.00) is below average for companies of similar size in the ID market ($USD1.29M).
Compensation vs Earnings: Ririek's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director of Finance | 3.92yrs | Rp22.07b | 0.00088% IDR2.7b | |
| Director Consumer Service & Director | 2.17yrs | Rp3.40b | no data | |
| Director of Network & IT Solution and Director | 2.92yrs | Rp15.82b | no data | |
| President Director | no data | Rp12.27b | 0.0012% IDR3.6b | |
| Vice President of Corporate Finance | no data | no data | no data | |
| VP of Investor Relations & Corporate Secretary | 5yrs | no data | no data | |
| Vice President Corporate Communications | no data | no data | no data | |
| Vice President of Organization Development | no data | no data | no data | |
| Chief Marketing Officer | no data | no data | no data | |
| Director of Human Capital Management & Director | 0.83yr | no data | 0.000030% IDR91.8m |
2.2yrs
Average Tenure
53yo
Average Age
Experienced Management: TLKM's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director of Finance | 3.92yrs | Rp22.07b | 0.00088% IDR2.7b | |
| Director Consumer Service & Director | 2.17yrs | Rp3.40b | no data | |
| Director of Network & IT Solution and Director | 2.92yrs | Rp15.82b | no data | |
| President Director | no data | Rp12.27b | 0.0012% IDR3.6b | |
| Director of Human Capital Management & Director | 0.83yr | no data | 0.000030% IDR91.8m | |
| Director of Strategic Portfolio & Director | 0.83yr | no data | no data | |
| Director of Wholesale & International Service and Director | 0.83yr | no data | no data | |
| Director of Digital Business & Director | 0.83yr | no data | 0.00017% IDR520.4m | |
| Director of Enterprise & Business Service and Director | 0.83yr | no data | 0.000060% IDR183.7m | |
| Independent Commissioner | 4.92yrs | Rp14.86b | no data |
0.8yrs
Average Tenure
51yo
Average Age
Experienced Board: TLKM's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
- Ticker: TLKM
- Exchange: IDX
- Founded: 1884
- Industry: Integrated Telecommunication Services
- Sector: Telecom
- Market Cap: Rp306.102t
- Shares outstanding: 99.06b
- Website: https://www.telkom.co.id
Number of Employees
Location
- Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
- Jalan Japati No. 1
- Bandung
- Jawa Barat
- 40133
- Indonesia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TLK | NYSE (New York Stock Exchange) | SPONSORED ADR | US | USD | Nov 1995 | |
| PTI | DB (Deutsche Boerse AG) | SPONSORED ADR | DE | EUR | Nov 1995 | |
| TLK N | BMV (Bolsa Mexicana de Valores) | SPONSORED ADR | MX | MXN | Nov 1995 | |
| TLKM.F | OTCPK (Pink Sheets LLC) | Yes | Series B Shares | US | USD | Oct 1997 |
| TCID | DB (Deutsche Boerse AG) | Yes | Series B Shares | DE | EUR | Oct 1997 |
| TLKM | IDX (Indonesia Stock Exchange) | Yes | Series B Shares | ID | IDR | Oct 1997 |
Biography
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides telecommunications, information, and media and edutainment services worldwide. It operates in four segments: Mobile, Consumer, Enterprise, and Wholesale and International. The company offers mobile services, including mobile voice, SMS, value-added, and mobile broadband services. It also provides fixed voice and broadband services; and wholesale telecommunications services, including network, data and Internet, interconnection, and value-added services, as well as voice hubbing, data center, platform, and solutions; and engages in the satellite and tower operations, and infrastructure and network management activities. In addition, the company offers information and communications technology platform services, such as enterprise connectivity IT, data center and cloud, business process outsourcing, and devices and hardware sales and services. Further, it provides smart enabler platform services, including financial, digital advertising, and big data and data analytics services, as well as Internet of Things services. Additionally, the company offers mobile-based digital services, such as TV and video-on-demand IPTV services; e-Commerce services that include blanja.com, an online marketplace for consumer-to-consumer and business-to-consumer sales; digital content and lifestyle services; and big data and smart platform services. It also provides property development, lease, facilities, and management services; and multimedia portal, broadcasting, satellite, system integrator, digital content exchange hub, payment, health insurance administration, directory information, data and information, and trading services. As of December 31, 2018, the company had approximately 163.0 million mobile cellular subscribers; 11.1 million fixed wireline network subscribers; and 113.8 million broadband subscribers. The company was founded in 1884 and is headquartered in Bandung, Indonesia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/28 14:32 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.