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P.t. Telekomunikasi Indonesia Tbk. (TLK)
NYSE:TLK
RESEARCH TOOLSreports
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PT Telekomunikasi Indonesia Tbk
(NYSE:TLK)
76Outperform
PT Telekomunikasi Indonesia Tbk (TLK) vs. S&P 500 (SPY)
Market Cap
$16.12B
Dividend Yield5.22%
Average Volume (3M)748.19K
Price to Earnings (P/E)10.6
Beta (1Y)0.59
Revenue Growth-3.12%
EPS Growth-7.28%
CountryUS
Employees19,712
SectorCommunication Services
Sector Strength81
IndustryTelecommunications Services
Share Statistics
EPS (TTM)1.51
Shares Outstanding990,622,200
10 Day Avg. Volume584,597
30 Day Avg. Volume748,189
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
PT Telekomunikasi Indonesia Tbk Business Overview & Revenue Model
Company DescriptionPerusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides telecommunications, informatics, and network services worldwide. The company's Mobile segment offers mobile voice, SMS, and mobile broadband services; and digital services, including financial services, video on demand, music, gaming, IoT, big data analytics, and digital advertising services. Its Consumer segment provides fixed voice and broadband services; and IPTV and related consumer digital services. The company's Enterprise segment offers ICT and digital platform that covers enterprise-grade connectivity services, including satellite, IT services, data center and cloud, and business process outsourcing services, as well as CPE trading and managed, cyber security, financial, big data, digital advertising, e-health, managed ATM, and professional services. Its Wholesale and International Business segment provides wholesale voice, managed, A2P SMS, IP transit and connectivity, data center and cloud, security, and value added and digital services; mobile network operator, mobile virtual network operator, and call center services; and tower and infrastructure services to other licensed operator companies and institutions. The company's Others segment offers digital services, such as digital platform, digital content, and e-commerce; and property management services. The company also provides building management and maintenance services, payment, business management consulting and capital venture, health insurance administration, tourism, directory information, telecommunication construction, and multimedia portal services; acts as a civil consultant and developer; and leases offices. As of December 31, 2020, it had approximately 9.1 million fixed wireline subscribers, including 8.0 million fixed broadband subscribers; and 169.5 million cellular subscribers, including 115.9 million mobile broadband subscribers. The company was founded in 1884 and is headquartered in Bandung, Indonesia.
How the Company Makes MoneyTelkom Indonesia generates revenue through several key streams. The primary revenue source is its mobile services, which include voice, SMS, and data services provided through its subsidiary, Telkomsel, the largest mobile operator in Indonesia. Another significant revenue stream is broadband internet services, offered to both individual and corporate customers. Telkom Indonesia also earns money through its enterprise services, which encompass IT and cloud services, managed services, and network and satellite services for businesses. Additionally, the company benefits from its investments in digital platforms and services, such as digital advertising, financial technology, and e-commerce. Strategic partnerships and collaborations with global tech companies enhance its service offerings and contribute to its revenue growth.
PT Telekomunikasi Indonesia Tbk Financial Statement Overview
Summary
PT Telekomunikasi Indonesia Tbk maintains strong financial health with robust operational efficiency, a balanced leverage approach, and significant cash flow generation. The company's consistent net profit margin and solid free cash flow growth position it well, despite a competitive market environment.Income Statement
PT Telekomunikasi Indonesia Tbk shows a strong gross profit margin and consistent net profit margin over the TTM period. However, the revenue growth rate is modest but stable, reflecting mature market conditions. EBIT and EBITDA margins are healthy, indicating robust operational efficiency.78
Positive
Balance Sheet
The company's balance sheet demonstrates a moderate debt-to-equity ratio, suggesting a balanced approach to leverage. The return on equity shows effective use of equity to generate profits. The equity ratio is stable, indicating a sound capital structure, though total liabilities are significant.72
Positive
Cash Flow
Operating cash flow remains solid, with a favorable operating cash flow to net income ratio. Free cash flow growth is notable, enhancing financial flexibility. However, capital expenditures are substantial, reflecting ongoing investments in infrastructure.75
Positive
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | Gross Profit |
| 90.98T | 10.00T> | 99.90T | 96.47T | 88.26T | EBIT |
| 44.48T | 39.58T | 47.56T | 43.96T | 42.39T | EBITDA |
| 78.12T | 74.39T | 80.61T | 72.44T | 65.07T | Net Income Common Stockholders |
| 24.43T | 27.68T | 33.95T | 29.89T | 27.59T |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 30.43T | 32.88T | 38.74T | 21.82T | 18.62T | Total Assets |
| 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | Total Debt |
| 68.00T | 63.04T | 69.08T | 64.72T | 52.08T | Net Debt |
| 38.99T | 31.09T | 30.77T | 44.13T | 33.84T | Total Liabilities |
| 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | Stockholders Equity |
| 10.00T> | 10.00T> | 10.00T> | 10.00T> | 99.56T |
| Cash Flow | Free Cash Flow | |||
| 26.98T | 38.34T | 38.43T | 35.76T | 19.82T | Operating Cash Flow |
| 60.58T | 73.35T | 68.35T | 65.32T | 54.95T | Investing Cash Flow |
| -36.91T | -39.12T | -37.91T | -35.26T | -35.79T | Financing Cash Flow |
| -26.57T | -40.97T | -12.78T | -27.75T | -18.25T |
PT Telekomunikasi Indonesia Tbk Technical Analysis
Positive
16.02
Price Trends
14.91
Positive
15.61
Positive
17.11
Negative
Market Momentum
0.26
Negative
61.97
Neutral
59.92
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TLK, the sentiment is Positive. The current price of 16.02 is above the 20-day moving average (MA) of 14.92, above the 50-day MA of 14.91, and below the 200-day MA of 17.11, indicating a neutral trend. The MACD of 0.26 indicates Negative momentum. The RSI at 61.97 is Neutral, neither overbought nor oversold. The STOCH value of 59.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TLK.
PT Telekomunikasi Indonesia Tbk Risk Analysis
PT Telekomunikasi Indonesia Tbk disclosed 59 risk factors in its most recent earnings report. PT Telekomunikasi Indonesia Tbk reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
PT Telekomunikasi Indonesia Tbk Peers Comparison
Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $33.53B | 28.19 | 9.58% | 2.70% | -0.19% | -0.86% | |
77 Outperform | $13.93B | 13.70 | 7.95% | 4.01% | -0.47% | 1.69% | |
76 Outperform | $16.12B | 10.65 | 16.28% | 5.22% | -3.12% | -7.28% | |
73 Outperform | $8.13B | 9.13 | 11.19% | 5.14% | -2.34% | 12.31% | |
71 Outperform | $24.09B | 9.37 | 4.31% | 7.24% | -24.84% | -74.77% | |
64 Neutral | $28.68B | ― | <0.01% | 4.70% | 1.18% | ― | |
59 Neutral | $13.76B | 7.65 | -2.18% | 3.85% | 2.32% | -36.56% |
* Communication Services Sector Average
Performance Comparison
TLK
PT Telekomunikasi Indonesia Tbk
16.02
-2.56
-13.78%
CHT
Chunghwa Telecom Co
42.08
5.02
13.55%
SKM
Sk Telecom
21.49
0.67
3.22%
VIV
Telefonica Brasil
9.64
0.24
2.55%
TEF
Telefonica
5.05
0.74
17.17%
VOD
Vodafone
9.61
1.60
19.98%
PT Telekomunikasi Indonesia Tbk Earnings Call Summary
Earnings Call Date:Apr 17, 2025
(Q3-2024)
| % Change Since: 9.43%|
Next Earnings Date:Jul 04, 2025
Earnings Call Sentiment Neutral
The earnings call reveals a mix of positive and negative aspects. While there are notable achievements such as positive revenue growth and strong performance in fixed broadband and Mitratel, challenges such as EBITDA decline, operating net income drop, and Telkomsel revenue decline indicate pressure points. The sentiment reflects cautious optimism amidst macroeconomic challenges and competitive pressures.Q3-2024 Updates
Positive Updates
Positive Revenue Growth
Telkom Group delivered a revenue growth of 0.9% year-on-year to RP 112.2 trillion for the past 9 months of 2024.
Fixed Broadband Growth
Fixed broadband business showed a 200.6% year-on-year increase, driven by the integration of IndiHome to Telkomsel and an expansion strategy targeting broader segments.
Mitratel Revenue Growth
Mitratel reported a solid revenue contribution of IDR 6.82 trillion, marking an 8.7% year-on-year growth.
Efficient Market Segmentation
Improvement in CapEx purchases for devices and networks due to group procurement initiatives, serving broader market segmentation effectively.
Negative Updates
EBITDA Decline
EBITDA decreased by 4.1% year-on-year to RP 56.6 trillion, impacted by personnel expenses due to an early retirement program.
Operating Net Income Drop
Operating net income declined by 5.1% year-on-year to IDR 18.6 trillion, after adjustments for market effects and one-off costs.
Telkomsel Revenue Decline
Telkomsel recorded a slight revenue decline of 2.1% in the third quarter due to seasonal impact and weak purchasing power.
Margin Pressure
Normalized EBITDA margin decelerated to 51.5%, with challenges in maintaining margins due to increased competition and cost pressures.
Company Guidance
During the earnings call for PT Telekom Indonesia, the company provided guidance for the fiscal year 2024, highlighting several key metrics and strategies. The company aims to achieve a low single-digit revenue growth, maintaining an EBITDA margin between 50% to 52%, and a CapEx-to-revenue ratio of 22% to 24%. For the first nine months of 2024, revenue grew by 0.9% year-on-year to IDR 112.2 trillion, while EBITDA decreased by 4.1% to IDR 56.6 trillion. The decline in EBITDA was primarily due to personnel expenses, which increased by 12.7% year-on-year, but normalized EBITDA stood at IDR 57.8 trillion, a 2.1% decline. Additionally, the company reported a net debt-to-EBITDA ratio of 0.6x, and Telkomsel's B2C business posted a 16.4% year-on-year revenue growth. The company is focusing on its 5 Bold Move strategy, including efforts to enhance digital connectivity and explore strategic partnerships for data center business, aiming to conclude these initiatives by early 2025.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.