NYSE:TLK

Stock Analysis Report

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Executive Summary

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides telecommunications, information, and media and edutainment services worldwide.

Snowflake

Fundamentals

Solid track record established 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


Market Performance


7 Day Return

-0.2%

NYSE:TLK

-2.9%

US Telecom

-0.02%

US Market


1 Year Return

25.5%

NYSE:TLK

7.9%

US Telecom

1.6%

US Market

TLK outperformed the Telecom industry which returned 7% over the past year.

TLK outperformed the Market in United States of America which returned 1.9% over the past year.


Share holder returns

TLKIndustryMarket
7 Day-0.2%-2.9%-0.02%
30 Day-1.4%4.4%2.7%
90 Day5.9%8.4%1.4%
1 Year29.9%25.5%13.6%7.9%3.8%1.6%
3 Year1.2%-6.3%15.6%-1.2%45.2%35.8%
5 Year42.3%25.6%33.5%2.9%61.8%44.1%

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 based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's share price is below the future cash flow value, and at a moderate discount (> 20%).

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia is overvalued based on earnings compared to the US Telecom industry average.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia is poor value based on expected growth next year.


Price Based on Value of Assets

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia is overvalued based on assets compared to the US Telecom industry average.


Next Steps

Future Growth

How is Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia expected to perform in the next 1 to 3 years based on estimates from 22 analysts?

11.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's revenue is expected to grow by 7.7% yearly, however this is not considered high growth (20% yearly).

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's earnings are expected to grow by 11.5% yearly, however this is not considered high growth (20% yearly).

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's revenue growth is expected to exceed the United States of America market average.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's earnings growth is positive but not above the United States of America market average.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia performed over the past 5 years?

7.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's year on year earnings growth rate has been positive over the past 5 years.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's 1-year earnings growth exceeds its 5-year average (8.9% vs 7.6%)

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's earnings growth has exceeded the US Telecom industry average in the past year (8.9% vs -18%).


Return on Equity

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia used its assets more efficiently than the US Telecom industry average last year based on Return on Assets.


Return on Capital Employed

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's financial position?


Financial Position Analysis

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's level of debt (50.6%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (25.2% vs 50.6% today).

Debt is well covered by operating cash flow (105.1%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 14.6x coverage).


Balance Sheet

High level of physical assets or inventory.

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?

4.31%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's dividend is above the markets top 25% of dividend payers in United States of America (3.69%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.9x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.2x coverage).


Next Steps

Management

What is the CEO of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia's salary, the management and board of directors tenure and is there insider trading?

1.7yrs

Average management tenure


CEO

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia has no CEO, or we have no data on them.


Management Age and Tenure

1.7yrs

Average Tenure

53yo

Average Age

The average tenure for the Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia management team is less than 2 years, this suggests a new team.


Board Age and Tenure

0.3yrs

Average Tenure

51yo

Average Age

The average tenure for the Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Zulhelfi Abidin (57yo)

    • Tenure: 2.4yrs
    • Compensation: Rp15.82b
  • Tjatur Purwadi (62yo)

    Head of Internal Audit

    • Tenure: 0yrs
  • R. Rustamadji (56yo)

    Vice President of Corporate Finance

    • Tenure: 0yrs
  • Arif Prabowo

    Vice President Corporate Communications

    • Tenure: 0yrs
  • Siti Choiriana (49yo)

    Director Consumer Service & Director

    • Tenure: 1.7yrs
    • Compensation: Rp3.40b
  • Danang Nugroho

    Vice President of Organization Development

    • Tenure: 0yrs
  • Edi Witjara (47yo)

    Director of Human Capital Management & Director

    • Tenure: 0.3yrs
  • Andi Setiawan

    VP of Investor Relations & Corporate Secretary

    • Tenure: 4.5yrs
  • Harry Zen (50yo)

    Director of Finance

    • Tenure: 3.4yrs
    • Compensation: Rp22.07b
  • Rachel Goh

    Chief Marketing Officer

    • Tenure: 0yrs

Board Members

  • Zulhelfi Abidin (57yo)

    • Tenure: 2.4yrs
    • Compensation: Rp15.82b
  • Ririek Adriansyah (56yo)

    Director

    • Tenure: 7.3yrs
    • Compensation: Rp12.27b
  • Achmad Sugiarto (54yo)

    Director of Strategic Portfolio & Director

    • Tenure: 0.3yrs
  • Siti Choiriana (49yo)

    Director Consumer Service & Director

    • Tenure: 1.7yrs
    • Compensation: Rp3.40b
  • Edi Witjara (47yo)

    Director of Human Capital Management & Director

    • Tenure: 0.3yrs
  • Emma Martini (49yo)

    President Director

    • Tenure: 0.3yrs
  • Harry Zen (50yo)

    Director of Finance

    • Tenure: 3.4yrs
    • Compensation: Rp22.07b
  • Edwin Aristiawan (50yo)

    Director of Wholesale & International Service and Director

    • Tenure: 0.3yrs
  • Faizal Djoemadi (52yo)

    Director of Digital Business & Director

    • Tenure: 0.3yrs
  • Bogi Witjaksono (52yo)

    Director of Enterprise & Business Service and Director

    • Tenure: 0.3yrs

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: TLK
  • Exchange: NYSE
  • Founded: 1884
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: Rp421.014t
  • Listing Market Cap: Rp29.951b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TLKNYSE (New York Stock Exchange)ADR EA REP 100 SER'B'IDR250USUSDNov 1995
PTIDB (Deutsche Boerse AG)ADR EA REP 100 SER'B'IDR250DEEURNov 1995
TLK NBMV (Bolsa Mexicana de Valores)ADR EA REP 100 SER'B'IDR250MXMXNNov 1995
TLKM.FOTCPK (Pink Sheets LLC)YesSeries B SharesUSUSDOct 1997
TCIDDB (Deutsche Boerse AG)YesSeries B SharesDEEUROct 1997
TLKMIDX (Indonesia Stock Exchange)YesSeries B SharesIDIDROct 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, Enterp ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 23:39
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.