| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 92 | 11.6x | 17.6x | Top tier | |
Growth | 69 | 26.5% | 7.1% | Top tier | |
Quality | 92 | 16.4% | 4.5% | Top tier | |
Safety | 78 | 0.3x | 2.6x | Top tier | |
Capital Return | 100 | — | 2.15% | Top tier | |
Momentum | 10 | -24.1% | 2.3% | Bottom tier | |
Sentiment | 2 | 1 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk operates through TelkomGroup in mobile telecommunications, fixed broadband, digital infrastructure, enterprise services, and international wholesale services. The consumer business relies primarily on Telkomsel and digital data services, alongside IndiHome for premium broadband and EZnet for the value segment, while enterprise, satellite, electronic payment, data center, and fiber-optic businesses provide additional revenue sources. In fiscal year 2024, the digital business accounted for 90.3% of mobile revenue, valued at 78.3 trillion Indonesian rupiah, and the mobile customer base reached approximately 160 million, while fixed broadband subscribers reached 9.6 million.
In quarter 2 of fiscal year 2026, the company recorded revenue of 75,878 billion, gross profit of 42,895 billion, and net income of 10,623 billion, with earnings per share of 10,750 according to the source's reporting unit. These figures represent a gross margin of approximately 56.5% and a net margin of approximately 14.0%. On a trailing twelve-month basis for fiscal year 2026, revenue reached 186,805 billion, gross profit reached 116,610 billion, and net income reached 21,478 billion.
Fiscal year 2024 results show that the consumer business was the largest driver, with Telkomsel generating revenue of 113.3 trillion Indonesian rupiah, up 10.7%, compared with 20.6 trillion for the enterprise segment, up 5.6%, and 18 trillion for the wholesale and international business, up 6.4%. TelkomGroup revenue reported during the April 21, 2025 call reached approximately 150 trillion Indonesian rupiah, up 0.5%, while earnings before interest, taxes, depreciation, and amortization declined 3.3% to 75 trillion, demonstrating that improvement in some businesses did not translate into comparable profitability expansion.
The analyst consensus rating of “Neutral” reflects a balance between data growth and convergence on one hand, and pressure on revenue per gigabyte and weak margins on the other. The stock's 52-week range is between 13.23 and 23.52 dollars, representing a difference of approximately 77.8% between the two endpoints, while the available data do not provide a consensus price target or a valid price-to-earnings multiple that could serve as an additional valuation anchor.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
Telkomsel's consumer business is the largest driver, generating revenue of 113.3 trillion Indonesian rupiah in fiscal year 2024 and serving a mobile customer base of approximately 160 million. The digital business accounted for 90.3% of mobile revenue, or 78.3 trillion rupiah, with data consumption growing 13.9%. The group supports this business with enterprise revenue of 20.6 trillion and wholesale and international revenue of 18 trillion.
Billing system integration was completed in December 2024, and the fixed-mobile convergence rate reached 57%, compared with 44% in quarter 4 of fiscal year 2023. The system enables mobile service, IndiHome, and digital content to be combined into more flexible offerings while reducing friction between products. In fiscal year 2025, the company targets up to one million net broadband additions on top of a base that reached 9.6 million subscribers in quarter 4 of fiscal year 2024.
Not necessarily. Despite a 13.9% increase in data consumption in fiscal year 2024, management acknowledged on April 21, 2025 that revenue per gigabyte faced downward pressure due to competition and larger packages. TelkomGroup revenue increased only 0.5% to 150 trillion Indonesian rupiah, while earnings before interest, taxes, depreciation, and amortization declined 3.3% to 75 trillion. Closing the gap depends on stabilizing average revenue through personalized bundles, Telkomsel Lite, by.U, and convergence services.
Automated analysis for informational purposes only — not investment advice.
The number of fixed broadband subscribers reached 9.6 million in quarter 4 of fiscal year 2024 after quarterly growth of 2.5%. The company uses IndiHome as a premium offering, while EZnet serves the value segment and supports expansion outside Java. The convergence model aims to increase revenue per household and customer retention, but management warned on April 21, 2025 that blended average revenue could moderate as lower-priced offerings become more widespread.
Mitratel generated revenue of 9.3 trillion Indonesian rupiah in fiscal year 2024, up 7.2%, and its tenancy ratio reached 1.52 times. In December 2024, Mitratel acquired more than 8,000 kilometers of fiber-optic infrastructure, increasing its managed network to 51,039 kilometers. TIF also began the initial marketing phase in December 2024 after obtaining its license and recording its first sale to a major application provider in Indonesia.
Management guided for low-single-digit revenue growth and an earnings before interest, taxes, depreciation, and amortization margin between 50% and 52% in fiscal year 2025. It also targeted capital expenditures equal to 17% to 19% of sales, compared with spending of 24.5 trillion Indonesian rupiah and a ratio of 16.3% in fiscal year 2024. Net debt to earnings before interest, taxes, depreciation, and amortization was 0.6 times in fiscal year 2024, giving the company room to balance investment with distributions.
