TLK Stock Analysis: Telkom Indonesia (Persero) | NYSE
Telecom Services | NYSE, USA | Market Cap: 13.709m USD | 12M Return: -7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 16.2M
EPS Trend: -82.5%
Rev. Trend: -68.1%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Telkom Indonesia (NYSE: TLK) is an integrated telecommunications and ICT services provider headquartered in Bandung, Indonesia, with operations dating back to 1884. Listed on the NYSE as an ADR since 1995, the company is a large-cap stock (~$14.7B USD) in the Communication Services sector and operates as a subsidiary of PT Danantara Asset Management (Persero).
The business spans five reporting segments: Mobile (voice, SMS, mobile broadband, value-added services), Consumer (fixed wireline, pay TV, internet for residential customers), Enterprise (end-to-end solutions for corporate and institutional clients), Wholesale and International Business (interconnection, broadband access, IT, and data services to licensed operators), and Other (digital content, big data, B2B commerce, and financial services). Supporting activities include tower leasing, hardware/software and data center consulting, property development, and digital content exchange services.
Telkoms structure reflects the typical integrated telecom model, combining fixed-line, mobile, and wholesale network assets under one operator, which allows cross-selling across consumer, enterprise, and carrier customers. The inclusion of digital content, big data, and financial services under the Other segment highlights a strategy to diversify revenue beyond traditional connectivity into platform-based and digital services.
- Indosat-Tri merger intensifies Indonesian mobile competition
- Enterprise data center growth offsets mature mobile segment
- Rupiah depreciation pressures USD-denominated ADR earnings
| Net Income: 16020b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 1.59 > 1.0 |
| NWC/Revenue: -3.86% < 20% (prev -5.51%; Δ 1.65% < -1%) |
| CFO/TA 0.22 > 3% & CFO 63842b > Net Income 16020b |
| Net Debt (52886b) to EBITDA (70924b): 0.75 < 3 |
| Current Ratio: 0.92 > 1.5 & < 3 |
| Outstanding Shares: last quarter (989.6m) vs 12m ago -0.10% < -2% |
| Gross Margin: 66.40% > 18% (prev 67.69%; Δ -1.30% > 0.5%) |
| Asset Turnover: 49.97% > 50% (prev 49.80%; Δ 0.17% > 0%) |
| Interest Coverage Ratio: 6.64 > 6 (EBIT TTM 32628b / Interest Expense TTM 4913b) |
| A: -0.02 (Total Current Assets 65928b - Total Current Liabilities 71609b) / Total Assets 289955b |
| B: 0.35 (Retained Earnings 102198b / Total Assets 289955b) |
| C: 0.11 (EBIT TTM 32628b / Avg Total Assets 294750b) |
| D: 1.00 (Book Value of Equity 134492b / Total Liabilities 134145b) |
| Altman-Z'' = 2.82 = A |
| DSRI: 0.81 (Receivables 14329b/17870b, Revenue 147292b/149177b) |
| GMI: 1.02 (GM 67.69% / 66.40%) |
| AQI: 1.15 (AQ_t 0.14 / AQ_t-1 0.12) |
| SGI: 0.99 (Revenue 147292b / 149177b) |
| TATA: -0.16 (NI 16020b - CFO 63842b) / TA 289955b) |
| Beneish M = -3.10 (Cap -4..+1) = AA |
As of July 10, 2026, the stock is trading at USD 14.06 with a total of 491,070 shares traded. Over the past week, the price has changed by +2.40%, over one month by +3.63%, over three months by -19.48% and over the past year by -7.00%.
Current recommended Stop Loss: 13.40 (which is 4.7% or 1.5 ATR below the current price).
Telkom Indonesia (Persero) has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold TLK.
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 24.1 | 71.4% |
Market Cap IDR = 246571b (13.7b USD * 17985.6 USD.IDR)
P/E Trailing = 15.2637
P/E Forward = 12.6582
P/S = 1.6819
P/B = 1.8357
P/EG = 19.4707
Revenue TTM = 147292b IDR
EBIT TTM = 32628b IDR
EBITDA TTM = 70924b IDR
Long Term Debt = 24540b IDR (from longTermDebt, last quarter)
Short Term Debt = 26726b IDR (from shortTermDebt, last quarter)
Debt = 92011b IDR (from shortLongTermDebtTotal, last quarter) + Leases 23276b
Net Debt = 52886b IDR (calculated: Debt 92011b - CCE 39125b)
Enterprise Value = 299457b IDR (246571b + Debt 92011b - CCE 39125b)
Interest Coverage Ratio = 6.64 (Ebit TTM 32628b / Interest Expense TTM 4913b)
EV/FCF = 7.60x (Enterprise Value 299457b / FCF TTM 39422b)
FCF Yield = 13.16% (FCF TTM 39422b / Enterprise Value 299457b)
FCF Margin = 26.76% (FCF TTM 39422b / Revenue TTM 147292b)
Net Margin = 10.88% (Net Income TTM 16020b / Revenue TTM 147292b)
Gross Margin = 66.40% ((Revenue TTM 147292b - Cost of Revenue TTM 49495b) / Revenue TTM)
Gross Margin QoQ = 65.27% (prev 66.85%)
Tobins Q-Ratio = 1.03 (Enterprise Value 299457b / Total Assets 289955b)
Interest Expense / Debt = 5.34% (Interest Expense 4913b / Debt 92011b)
Taxrate = 23.12% (6742b / 29167b)
NOPAT = 25086b (EBIT 32628b * (1 - 23.12%))
Current Ratio = 0.92 (Total Current Assets 65928b / Total Current Liabilities 71609b)
Debt / Equity = 0.68 (Debt 92011b / totalStockholderEquity, last quarter 134492b)
Debt / EBITDA = 0.75 (Net Debt 52886b / EBITDA 70924b)
Debt / FCF = 1.34 (Net Debt 52886b / FCF TTM 39422b)
Total Stockholder Equity = 133481b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.44% (Net Income 16020b / Total Assets 289955b)
RoE = 12.00% (Net Income TTM 16020b / Total Stockholder Equity 133481b)
RoCE = 20.65% (EBIT 32628b / Capital Employed (Equity 133481b + L.T.Debt 24540b))
RoIC = 10.55% (NOPAT 25086b / Invested Capital 237707b)
WACC = 7.18% (E(246571b)/V(338582b) * Re(8.33%) + D(92011b)/V(338582b) * Rd(5.34%) * (1-Tc(0.23)))
Discount Rate = 8.33% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -6.09 | Cagr: -0.05%
[DCF] Terminal Value 76.62% ; FCFF base≈38040b ; Y1≈41231b ; Y5≈50890b
[DCF] Fair Price = 736k (EV 779344b - Net Debt 52886b = Equity 726458b / Shares 987.0m; r=8.35% [WACC [floored]]; 5y FCF grow 9.61% → 2.50% )
[DCF] Fair Price = 736k (out of range, set to none)
EPS Correlation: -82.50 | EPS CAGR: -15.41% | SUE: N/A | # QB: 0
Revenue Correlation: -68.12 | Revenue CAGR: -0.71% | SUE: -0.06 | # QB: 0
EPS current Year (2026-12-31): EPS=1.54 | Chg30d=+1.78% | Revisions=-25% | GrowthEPS=+0.0% | GrowthRev=+4.8%
EPS next Year (2027-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+0.4%