(TLK) Telkom Indonesia (Persero) - Ratings and Ratios
Exchange: NYSE •
Country: Indonesia •
Currency: USD •
Type: Common Stock •
ISIN: ID1000129000
Mobile, Fixed, Internet, Tv, Enterprise, Wholesale
Dividends
| Dividend Yield | 5.86% |
| Yield on Cost 5y | 7.26% |
| Yield CAGR 5y | 0.73% |
| Payout Consistency | 91.2% |
| Payout Ratio | 124.6% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 30.8% |
| Value at Risk 5%th | 49.5% |
| Relative Tail Risk | -2.37% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.06 |
| Alpha | 29.22 |
| CAGR/Max DD | 0.04 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.348 |
| Beta | 0.689 |
| Beta Downside | 0.629 |
| Drawdowns 3y | |
|---|---|
| Max DD | 50.55% |
| Mean DD | 21.75% |
| Median DD | 21.99% |
Description: TLK Telkom Indonesia (Persero) October 16, 2025
PT Telekomunikasi Indonesia Tbk (TLK) is Indonesia’s largest integrated telecom provider, delivering ICT and network services across Mobile, Consumer, Enterprise, Wholesale & International Business, and a diversified “Other” segment that includes digital content, big-data, fintech, and tower leasing. The Mobile arm drives voice, SMS, broadband and value-added services, while Consumer focuses on fixed-line, pay-TV, and residential internet. Enterprise supplies end-to-end solutions for corporates, and Wholesale & International offers interconnection, broadband, and IT services to other operators and institutions.
Key recent metrics (as of FY 2023) show TLK serving ~270 million mobile subscribers and ~30 million fixed-line customers, with mobile ARPU stabilising around IDR 15,000 (≈ $1 USD) despite intense price competition. The company is investing roughly IDR 90 trillion (~$6 bn) in 5G rollout and fiber expansion, aligning with Indonesia’s projected 5-year GDP growth of 5 % and rising digital-economy penetration, which historically lifts telecom revenue by 2-3 % per percentage-point increase in broadband adoption.
To assess TLK’s valuation and risk profile more rigorously, consider reviewing its detailed financials, subscriber trends, and capex plans on ValueRay, where you can compare these fundamentals against regional peers and scenario-based forecasts.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (21758.00b TTM) > 0 and > 6% of Revenue (6% = 8841.90b TTM) |
| FCFTA 0.13 (>2.0%) and ΔFCFTA 1.36pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -11.72% (prev -15.89%; Δ 4.17pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.38 (>3.0%) and CFO 111204.00b > Net Income 21758.00b (YES >=105%, WARN >=100%) |
| Net Debt (46124.00b) to EBITDA (55520.00b) ratio: 0.83 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.77 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (990.6m) change vs 12m ago 0.0% (target <= -2.0% for YES) |
| Gross Margin 66.72% (prev 42.99%; Δ 23.73pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 51.08% (prev 52.68%; Δ -1.60pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 6.27 (EBITDA TTM 55520.00b / Interest Expense TTM 4856.00b) >= 6 (WARN >= 3) |
Altman Z'' 2.44
| (A) -0.06 = (Total Current Assets 58408.00b - Total Current Liabilities 75685.00b) / Total Assets 291897.00b |
| (B) 0.36 = Retained Earnings (Balance) 104327.00b / Total Assets 291897.00b |
| (C) 0.11 = EBIT TTM 30453.00b / Avg Total Assets 288515.50b |
| (D) 0.91 = Book Value of Equity 124617.00b / Total Liabilities 136885.00b |
| Total Rating: 2.44 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 72.03
| 1. Piotroski 6.50pt |
| 2. FCF Yield 9.69% |
| 3. FCF Margin 26.59% |
| 4. Debt/Equity 0.57 |
| 5. Debt/Ebitda 0.83 |
| 6. ROIC - WACC (= 5.04)% |
| 7. RoE 15.56% |
| 8. Rev. Trend 10.47% |
| 9. EPS Trend -73.41% |
What is the price of TLK shares?
As of December 03, 2025, the stock is trading at USD 21.96 with a total of 540,272 shares traded.
Over the past week, the price has changed by +0.27%, over one month by +8.77%, over three months by +16.07% and over the past year by +41.36%.
Over the past week, the price has changed by +0.27%, over one month by +8.77%, over three months by +16.07% and over the past year by +41.36%.
Is TLK a buy, sell or hold?
Telkom Indonesia (Persero) has received a consensus analysts rating of 3.00.
Therefor, it is recommend to hold TLK.
- Strong Buy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the TLK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 24.1 | 9.7% |
| Analysts Target Price | 24.1 | 9.7% |
| ValueRay Target Price | 26.4 | 20% |
TLK Fundamental Data Overview November 26, 2025
Market Cap IDR = 359915.54b (21.69b USD * 16590.08 USD.IDR)
P/E Trailing = 16.7176
P/E Forward = 14.4928
P/S = 0.0001
P/B = 2.5256
P/EG = 13.167
Beta = 0.045
Revenue TTM = 147365.00b IDR
EBIT TTM = 30453.00b IDR
EBITDA TTM = 55520.00b IDR
Long Term Debt = 25802.00b IDR (from longTermDebt, last quarter)
Short Term Debt = 33844.00b IDR (from shortTermDebt, last quarter)
Debt = 77678.00b IDR (from shortLongTermDebtTotal, last quarter)
Net Debt = 46124.00b IDR (from netDebt column, last quarter)
Enterprise Value = 404539.54b IDR (359915.54b + Debt 77678.00b - CCE 33054.00b)
Interest Coverage Ratio = 6.27 (Ebit TTM 30453.00b / Interest Expense TTM 4856.00b)
FCF Yield = 9.69% (FCF TTM 39181.00b / Enterprise Value 404539.54b)
FCF Margin = 26.59% (FCF TTM 39181.00b / Revenue TTM 147365.00b)
Net Margin = 14.76% (Net Income TTM 21758.00b / Revenue TTM 147365.00b)
Gross Margin = 66.72% ((Revenue TTM 147365.00b - Cost of Revenue TTM 49042.00b) / Revenue TTM)
Gross Margin QoQ = 67.25% (prev 66.22%)
Tobins Q-Ratio = 1.39 (Enterprise Value 404539.54b / Total Assets 291897.00b)
Interest Expense / Debt = 1.78% (Interest Expense 1384.00b / Debt 77678.00b)
Taxrate = 21.92% (1816.00b / 8285.00b)
NOPAT = 23777.97b (EBIT 30453.00b * (1 - 21.92%))
Current Ratio = 0.77 (Total Current Assets 58408.00b / Total Current Liabilities 75685.00b)
Debt / Equity = 0.57 (Debt 77678.00b / totalStockholderEquity, last quarter 137139.00b)
Debt / EBITDA = 0.83 (Net Debt 46124.00b / EBITDA 55520.00b)
Debt / FCF = 1.18 (Net Debt 46124.00b / FCF TTM 39181.00b)
Total Stockholder Equity = 139873.25b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.45% (Net Income 21758.00b / Total Assets 291897.00b)
RoE = 15.56% (Net Income TTM 21758.00b / Total Stockholder Equity 139873.25b)
RoCE = 18.38% (EBIT 30453.00b / Capital Employed (Equity 139873.25b + L.T.Debt 25802.00b))
RoIC = 12.32% (NOPAT 23777.97b / Invested Capital 192978.75b)
WACC = 7.28% (E(359915.54b)/V(437593.54b) * Re(8.55%) + D(77678.00b)/V(437593.54b) * Rd(1.78%) * (1-Tc(0.22)))
Discount Rate = 8.55% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 77.32% ; FCFE base≈37270.20b ; Y1≈39433.71b ; Y5≈46833.21b
Fair Price DCF = 752.9k (DCF Value 745855.37b / Shares Outstanding 990.6m; 5y FCF grow 6.38% → 3.0% )
EPS Correlation: -73.41 | EPS CAGR: -10.97% | SUE: -1.12 | # QB: 0
Revenue Correlation: 10.47 | Revenue CAGR: -0.40% | SUE: -0.02 | # QB: 0
EPS next Year (2026-12-31): EPS=1.54 | Chg30d=+0.027 | Revisions Net=-1 | Growth EPS=+14.0% | Growth Revenue=+4.3%
P/E Trailing = 16.7176
P/E Forward = 14.4928
P/S = 0.0001
P/B = 2.5256
P/EG = 13.167
Beta = 0.045
Revenue TTM = 147365.00b IDR
EBIT TTM = 30453.00b IDR
EBITDA TTM = 55520.00b IDR
Long Term Debt = 25802.00b IDR (from longTermDebt, last quarter)
Short Term Debt = 33844.00b IDR (from shortTermDebt, last quarter)
Debt = 77678.00b IDR (from shortLongTermDebtTotal, last quarter)
Net Debt = 46124.00b IDR (from netDebt column, last quarter)
Enterprise Value = 404539.54b IDR (359915.54b + Debt 77678.00b - CCE 33054.00b)
Interest Coverage Ratio = 6.27 (Ebit TTM 30453.00b / Interest Expense TTM 4856.00b)
FCF Yield = 9.69% (FCF TTM 39181.00b / Enterprise Value 404539.54b)
FCF Margin = 26.59% (FCF TTM 39181.00b / Revenue TTM 147365.00b)
Net Margin = 14.76% (Net Income TTM 21758.00b / Revenue TTM 147365.00b)
Gross Margin = 66.72% ((Revenue TTM 147365.00b - Cost of Revenue TTM 49042.00b) / Revenue TTM)
Gross Margin QoQ = 67.25% (prev 66.22%)
Tobins Q-Ratio = 1.39 (Enterprise Value 404539.54b / Total Assets 291897.00b)
Interest Expense / Debt = 1.78% (Interest Expense 1384.00b / Debt 77678.00b)
Taxrate = 21.92% (1816.00b / 8285.00b)
NOPAT = 23777.97b (EBIT 30453.00b * (1 - 21.92%))
Current Ratio = 0.77 (Total Current Assets 58408.00b / Total Current Liabilities 75685.00b)
Debt / Equity = 0.57 (Debt 77678.00b / totalStockholderEquity, last quarter 137139.00b)
Debt / EBITDA = 0.83 (Net Debt 46124.00b / EBITDA 55520.00b)
Debt / FCF = 1.18 (Net Debt 46124.00b / FCF TTM 39181.00b)
Total Stockholder Equity = 139873.25b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.45% (Net Income 21758.00b / Total Assets 291897.00b)
RoE = 15.56% (Net Income TTM 21758.00b / Total Stockholder Equity 139873.25b)
RoCE = 18.38% (EBIT 30453.00b / Capital Employed (Equity 139873.25b + L.T.Debt 25802.00b))
RoIC = 12.32% (NOPAT 23777.97b / Invested Capital 192978.75b)
WACC = 7.28% (E(359915.54b)/V(437593.54b) * Re(8.55%) + D(77678.00b)/V(437593.54b) * Rd(1.78%) * (1-Tc(0.22)))
Discount Rate = 8.55% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 77.32% ; FCFE base≈37270.20b ; Y1≈39433.71b ; Y5≈46833.21b
Fair Price DCF = 752.9k (DCF Value 745855.37b / Shares Outstanding 990.6m; 5y FCF grow 6.38% → 3.0% )
EPS Correlation: -73.41 | EPS CAGR: -10.97% | SUE: -1.12 | # QB: 0
Revenue Correlation: 10.47 | Revenue CAGR: -0.40% | SUE: -0.02 | # QB: 0
EPS next Year (2026-12-31): EPS=1.54 | Chg30d=+0.027 | Revisions Net=-1 | Growth EPS=+14.0% | Growth Revenue=+4.3%
Additional Sources for TLK Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle