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PT Telekomunikasi Indonesia Tbk
(NYSE:TLK)
PT Telekomunikasi Indonesia Tbk (TLK) vs. SPDR S&P 500 ETF (SPY)
PT Telekomunikasi Indonesia Tbk Business Overview & Revenue Model
PT Telekomunikasi Indonesia Tbk Earnings Call Summary
PT Telekomunikasi Indonesia Tbk Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> |
| Gross Profit | 98.32T | 10.00T> | 90.98T | 10.00T> | 99.90T | 96.47T |
| EBITDA | 74.44T | 76.97T | 78.12T | 74.39T | 80.61T | 72.44T |
| Net Income | 21.76T | 23.65T | 24.43T | 27.68T | 33.95T | 29.89T |
Balance Sheet | ||||||
| Total Assets | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> |
| Cash, Cash Equivalents and Short-Term Investments | 33.05T | 35.03T | 30.43T | 32.88T | 38.74T | 21.82T |
| Total Debt | 77.68T | 76.83T | 68.00T | 63.04T | 69.08T | 64.72T |
| Total Liabilities | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> |
| Stockholders Equity | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> |
Cash Flow | ||||||
| Free Cash Flow | 40.12T | 31.94T | 26.98T | 38.34T | 38.43T | 35.76T |
| Operating Cash Flow | 65.25T | 61.60T | 60.58T | 73.35T | 68.35T | 65.32T |
| Investing Cash Flow | -26.49T | -29.46T | -36.91T | -39.12T | -37.91T | -35.26T |
| Financing Cash Flow | -32.39T | -27.50T | -26.57T | -40.97T | -12.78T | -27.75T |
PT Telekomunikasi Indonesia Tbk Technical Analysis
PT Telekomunikasi Indonesia Tbk Risk Analysis
PT Telekomunikasi Indonesia Tbk Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | $11.33B | 15.91 | 14.93% | 6.93% | -4.90% | 14.83% | |
77 Outperform | $21.23B | 19.82 | 8.36% | 4.97% | -3.16% | 4.70% | |
75 Outperform | $22.14B | 16.57 | 15.54% | 5.75% | -5.21% | -7.45% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
60 Neutral | $7.87B | 19.62 | 4.72% | 4.94% | -8.16% | -52.52% | |
58 Neutral | $29.63B | ― | -7.08% | 3.94% | 19.67% | -278.51% | |
45 Neutral | $24.76B | ― | -0.70% | 8.04% | -5.49% | -75.51% |
PT Telekomunikasi Indonesia Tbk Corporate Events
On November 20, 2025, PT Telekomunikasi Indonesia Tbk announced an Extraordinary General Meeting of Shareholders scheduled for December 12, 2025. The meeting will address several key agendas, including the approval of a partial spin-off of the Wholesale Fiber Connectivity business to its subsidiary, PT Telkom Infrastruktur Indonesia, and amendments to the Company’s Articles of Association. Additionally, the company plans to delegate authority for its 2026 work plan and budget to the Board of Commissioners, and to accept a government assignment to provide temporary national data center services during a transition period. These actions are expected to impact the company’s operational focus and align with regulatory requirements, potentially influencing stakeholder interests.
On October 30, 2025, PT Telekomunikasi Indonesia Tbk released its unaudited consolidated financial statements for the nine-month period ending September 30, 2025. The report highlights the company’s financial position, showing a decrease in total assets from December 31, 2024, to September 30, 2025. This financial disclosure is crucial for stakeholders to assess the company’s financial health and operational efficiency over the reported period.
PT Telkom Indonesia has announced that it will hold an Extraordinary General Meeting of Shareholders (EGMS) on December 12, 2025. The meeting will be conducted electronically through the eASY.KSEI platform, allowing shareholders to participate online. Shareholders eligible to attend are those recorded on the company’s register by November 19, 2025. The announcement outlines the procedural details for participation and agenda proposals, emphasizing electronic power of attorney submissions and compliance with regulatory requirements. This move reflects the company’s adaptation to digital platforms for shareholder engagement, potentially enhancing participation and transparency.
On October 21, 2025, PT Telekomunikasi Indonesia Tbk announced a spin-off plan involving the transfer of its Wholesale Fiber Connectivity Business and Assets to its subsidiary, PT Telkom Infrastruktur Indonesia (TIF), which is 99.9% owned by the company. This strategic move is part of a compliance effort with Indonesian regulations and aims to optimize business operations by consolidating specific assets under TIF. The transaction is considered a Material Transaction due to its significant value relative to the company’s equity. The spin-off is expected to streamline operations and potentially enhance the company’s focus on core business activities, with implications for stakeholders including creditors who have until November 4, 2025, to object to the plan.
On October 20, 2025, PT Telekomunikasi Indonesia Tbk announced the signing of a Conditional Spin-Off Agreement with PT Telkom Infrastruktur Indonesia (TIF) as part of a corporate restructuring and business transformation plan. The transaction, valued at IDR 35.79 trillion, involves the partial spin-off of the company’s Wholesale Fiber Connectivity business and assets. This move aims to enhance business focus, create added value, and optimize fiber optic network assets, thereby strengthening the company’s position as a leading connectivity provider in Indonesia. The transaction supports national goals of improving digital equality and broadband penetration. Despite the scale of the transaction, it is not expected to significantly impact the company’s financial condition due to TIF being a consolidated subsidiary with 99.999% ownership.
On September 15, 2025, PT Telekomunikasi Indonesia Tbk announced a revision to the timing of its Extraordinary General Meeting of Shareholders, initially scheduled for 11:00 WIB on September 16, 2025, now moved to 15:00 WIB on the same day. This change, communicated to shareholders via the company’s website and other platforms, ensures stakeholders are informed and can adjust their schedules accordingly, reflecting the company’s commitment to transparent communication.
On September 16, 2025, PT Telekomunikasi Indonesia Tbk held an Extraordinary General Meeting of Shareholders to address changes in its management structure. The meeting resulted in the ratification of the dismissal of several key executives, including the Director of Human Capital Management and the Vice President Director, while new appointments were made, such as the Director of Human Capital Management and Director of Legal & Compliance. These changes are part of the company’s ongoing efforts to strengthen its leadership and strategic direction, potentially impacting its operational efficiency and stakeholder confidence.
On September 25, 2025, PT Telekomunikasi Indonesia Tbk announced a new composition for its Audit Committee in compliance with the Indonesian Financial Services Authority Regulation No.55/POJK.04/2015. The updated committee includes Deswandhy Agusman as Chairman, along with members Yohanes Surya, Ira Noviarti, Edy Sihotang, and Achmad Taufik, aiming to strengthen corporate governance and oversight.
On September 5, 2025, PT Telekomunikasi Indonesia Tbk announced the resignation of Mr. Henry Christiadi, the Director of Human Capital Management. The company stated that this resignation will not have a material impact on its business operations and will take necessary actions in compliance with applicable regulations.
On September 4, 2025, PT Telekomunikasi Indonesia Tbk announced a revision to the invitation for their Extraordinary General Meeting of Shareholders, initially scheduled for September 3, 2025, which has been postponed to September 16, 2025. The meeting will address changes in the company’s management and will be conducted electronically via the eASY.KSEI system. This postponement and agenda highlight the company’s ongoing efforts to align with regulatory frameworks and ensure shareholder engagement in critical decision-making processes.
On September 3, 2025, PT Telekomunikasi Indonesia Tbk announced the postponement of its Extraordinary General Meeting of Shareholders (EGMS) originally scheduled for the same day. The company stated that the rescheduling of the EGMS, which was intended to address changes in the company’s management composition, will not have any material impact on its operations.