Full text
Earnings transcript
Read the complete earnings call transcript.
TLK
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
$14.17
-0.07
(-0.49%)
| Exchange: | NYSE |
| Market Cap: | 13.969B |
| Shares Outstanding: | 93.452B |
Delayed data
About The Company
| Sector: | Communication ServicesView sector performance | |||||
| Industry: | Telecommunications ServicesView industry performance | |||||
| CEO: | Dian Siswarini | |||||
| Full Time Employees: | 19082 | |||||
| Address: |
| |||||
| Website: | https://www.telkom.co.id |
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, known as TELKOM Indonesia, is a global provider of telecommunications, information technology, and network solutions. Founded in Bandung, Indonesia, in 1884, its operations are organized into several distinct segments. The Mobile division offers cellular voice, text messaging, and mobile broadband connectivity, alongside a range of digital services that include financial technology, on-demand video and music, gaming, Internet of Things (IoT) applications, big data analytics, and digital advertising. Its Consumer segment provides fixed-line telephone and internet services, as well as IPTV and other related digital offerings for residential users. For enterprise clients, the company delivers comprehensive ICT and digital platform solutions, encompassing business-grade connectivity (including satellite services), IT support, data center and cloud infrastructure, business process outsourcing, customer premises equipment (CPE) sales, managed services, cybersecurity, financial services, big data solutions, digital advertising, e-health, managed ATM services, and professional consulting. The Wholesale and International Business segment caters to other licensed operators and institutions, supplying services such as wholesale voice, managed network solutions, Application-to-Person (A2P) SMS, IP transit and connectivity, data center and cloud resources, security, value-added digital services, mobile network operator (MNO) and mobile virtual network operator (MVNO) support, call center operations, and essential tower and infrastructure services. An “Others” segment covers various digital initiatives like platform development, content creation, and e-commerce, in addition to property management. The company’s diverse activities also extend to building maintenance, payment processing, business management consulting, venture capital, health insurance administration, tourism, directory information, telecommunication construction, multimedia portals, civil engineering consultancy and development, and office leasing. As of December 31, 2020, TELKOM served approximately 9.1 million fixed wireline customers, with 8.0 million of those subscribing to fixed broadband, and a substantial 169.5 million cellular subscribers, including 115.9 million mobile broadband users.
Click to read more…
Revenue Segmentation
TLK full analysis
Welcome to MARKETSNAP’s SWOT analysis for PT Telekom Indonesia, also known by its ticker TLK. If you’re not familiar with this company, let me give you the quick rundown. PT Telekom Indonesia is a major player in the telecommunications space, based out of Indonesia, operating within the communication services sector. They’re a dominant force in their home market, providing a wide range of services from mobile and fixed-line telephony to digital solutions and internet services. With a massive workforce and…
Industry Peers
| TICKER | COMPANY | MKT CAP | P/E | FWD P/E | ROIC |
|---|---|---|---|---|---|
| TLK | Perusahaan Perseroan (Persero) PT Tele… | 14.0B | 15.0 | 10.9 | 11.4% |
 SKM | SK Telecom Co.,Ltd | 13.8B | 27.7 | 18.6 | 3.2% |
 TU | Telus Corp | 13.7B | — | 24.0 | 5.9% |
 ECHO | EchoStar Corporation | 14.8B | — | 3.8 | 1.0% |
 CCZ | Comcast Holdings Corp. | 15.7B | 8.2 | — | 6.1% |
 TIGO | Millicom International Cellular S.A. | 15.8B | 24.3 | 23.2 | 6.9% |
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 149,216,000,000 | 149,967,000,000 | 146,742,000,000 |
| Gross Profit | 103,135,000,000 | 101,885,000,000 | 98,490,000,000 |
| EBITDA | 78,116,000,000 | 76,975,000,000 | 73,370,000,000 |
| Operating Income | 44,485,000,000 | 43,009,000,000 | 34,119,000,000 |
| Net Income | 24,427,000,000 | 23,611,000,000 | 17,486,000,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 286,592,000,000 | 299,675,000,000 | 288,449,276,458 |
| Total Liabilities | 130,357,000,000 | 137,185,000,000 | 137,551,168,211 |
| Total Stockholders Equity | 135,744,000,000 | 142,094,000,000 | 130,998,487,251 |
| Total Debt | 68,001,000,000 | 76,834,000,000 | 75,090,696,533 |
| Cash and Cash Equivalents | 29,007,000,000 | 33,905,000,000 | 34,488,533,120 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 60,581,000,000 | 61,603,000,000 | 64,397,577,256 |
| Capital Expenditure | -33,603,000,000 | -29,663,000,000 | -23,070,032,102 |
| Free Cash Flow | 26,978,000,000 | 31,937,000,000 | 41,327,545,155 |
| Net Income | 24,427,000,000 | 23,649,000,000 | 17,969,024,171 |
| Net Change in Cash | -2,940,000,000 | 4,898,000,000 | -948,874,897 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 158,057,637,146.791 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 161,356,553,072.099 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 158,268,000,000 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | Research Access | Research Access | Research Access | Research Access | |
| Estimated Ebitda (High) | Research Access | Research Access | Research Access | Research Access | |
| Estimated Ebitda (Avg) | Research Access | Research Access | Research Access | Research Access | |
| Estimated Net Income (Low) | 0 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 0 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 0 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 26,644,672,047.380 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 27,200,789,009.068 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 26,680,134,106.258 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 0 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 0 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 0 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 5 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 0 | Research Access | Research Access | Research Access | Research Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Financial Performance: PT Telekom Indonesia reported strong revenue growth for the first 9 months of 2024, as highlighted in the earnings call transcript. Key financial results indicate consistent revenue increases, supported by effective cost management and a focus on high-growth areas, contributing to stable net income and positive free cash flow trends.
- Market Leadership in Telecommunications: The company maintains a dominant position in the Indonesian telecommunications sector, as evidenced by its market capitalization and industry standing within the provided company profile data. This leadership is reinforced by strategic initiatives in fixed-mobile convergence (FMC) and digital services, as noted in the earnings call summary.
- Solid Balance Sheet Metrics: Balance sheet data reflects a healthy level of cash and cash equivalents alongside manageable total liabilities. The current ratio and quick ratio (from key metrics) suggest good liquidity, enabling the company to meet short-term obligations effectively.
Log in with Research Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
[intrinsic_calculator]
Common questions about TLK valuation
Is Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is TLK a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether TLK trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is TLK’s P/E ratio?
You can see TLK’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for TLK?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is TLK a good long-term investment?
Whether TLK fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
TLK
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
-0.49
Trading Metrics:
| Open: | 14.16 | Previous Close: | 14.24 | |
| Day Low: | 14.04 | Day High: | 14.19 | |
| Year Low: | 13.23 | Year High: | 23.52 | |
| Price Avg 50: | 14.7 | Price Avg 200: | 17.76 | |
| Volume: | 1.536M | Average Volume: | 865829 |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's free
