TLK Stock Analysis: Telkom Indonesia (Persero) | NYSE
Telecom Services | NYSE, USA | Market Cap: 12.855m USD | 12M Return: -23.4% | US7156841063 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 11.9M
EPS Trend: -86.1%
Qual. Beats: -1
Rev. Trend: 37.5%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 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 the countrys incumbent telecommunications operator, providing ICT and network services through five segments: Mobile, Consumer, Enterprise, Wholesale and International Business, and Other. The Mobile unit delivers cellular voice, SMS and value-added offerings, Consumer provides home broadband and fixed-line, Enterprise offers end-to-end solutions to corporates, Wholesale/International handles interconnection and IT services for licensed operators, and the Other segment houses digital content, big data, B2B commerce and financial services. The group also leases towers, runs data centers and digital content exchange hubs, and provides consulting and property management.
Founded in 1884 and headquartered in Bandung, the company trades on the NYSE as an ADR with each ADR representing 100 underlying shares. As a GICS-classified Integrated Telecommunication Services provider, Telkom operates within a sector where scale of network infrastructure is a key competitive advantage, particularly across Indonesias vast archipelago. The company is a subsidiary of PT Danantara Asset Management (Persero).
- Mobile data ARPU pressured by Indosat-XL price competition
- IndiHome fiber margins squeezed by aggressive pricing
- Mitratel tower spin-off and dividend payouts boost capital returns
| Net Income: 21478b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 0.38 > 1.0 |
| NWC/Revenue: -11.47% < 20% (prev -16.67%; Δ 5.20% < -1%) |
| CFO/TA 0.21 > 3% & CFO 63842b > Net Income 21478b |
| Net Debt (48372b) to EBITDA (82994b): 0.58 < 3 |
| Current Ratio: 0.79 > 1.5 & < 3 |
| Outstanding Shares: last quarter (988.2m) vs 12m ago -0.25% < -2% |
| Gross Margin: 62.42% > 18% (prev 66.80%; Δ -4.38% > 0.5%) |
| Asset Turnover: 62.59% > 50% (prev 50.27%; Δ 12.33% > 0%) |
| Interest Coverage Ratio: 7.83 > 6 (EBIT TTM 44336b / Interest Expense TTM 5661b) |
| A: -0.07 (Total Current Assets 80932b - Total Current Liabilities 102358b) / Total Assets 303087b |
| B: 0.34 (Retained Earnings 101815b / Total Assets 303087b) |
| C: 0.15 (EBIT TTM 44336b / Avg Total Assets 298442b) |
| D: 0.70 (Book Value of Equity 118333b / Total Liabilities 168239b) |
| Altman-Z'' = 2.37 = BBB |
| DSRI: 0.73 (Receivables 14270b/15498b, Revenue 186805b/147679b) |
| GMI: 1.07 (GM 66.80% / 62.42%) |
| AQI: 0.85 (AQ_t 0.10 / AQ_t-1 0.12) |
| SGI: 1.26 (Revenue 186805b / 147679b) |
| TATA: -0.14 (NI 21478b - CFO 63842b) / TA 303087b) |
| Beneish M = -3.10 (Cap -4..+1) = AA |
As of October 09, 2026, the stock is trading at USD 12.88 with a total of 1,067,398 shares traded. Over the past week, the price has changed by +3.70%, over one month by -14.59%, over three months by -8.39% and over the past year by -23.37%.
Current recommended Stop Loss: 12.50 (which is 3% or 1.4 ATR below the current price).
Telkom Indonesia (Persero) has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy TLK.
- StrongBuy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 17 | 32% |
Market Cap IDR = 229791b (12.9b USD * 17875.68 USD.IDR)
P/E Trailing = 12.6602
P/E Forward = 10.101
P/S = 1.5923
P/B = 2.006
P/EG = 2.8847
Revenue TTM = 186805b IDR
EBIT TTM = 44336b IDR
EBITDA TTM = 82994b IDR
Long Term Debt = 27622b IDR (from longTermDebt, last quarter)
Short Term Debt = 34948b IDR (from shortTermDebt, last quarter)
Debt = 104855b IDR (from shortLongTermDebtTotal, last quarter) + Leases 23970b
Net Debt = 48372b IDR (calculated: Debt 104855b - CCE 56483b)
Enterprise Value = 278163b IDR (229791b + Debt 104855b - CCE 56483b)
Interest Coverage Ratio = 7.83 (Ebit TTM 44336b / Interest Expense TTM 5661b)
EV/FCF = 6.72x (Enterprise Value 278163b / FCF TTM 41420b)
FCF Yield = 14.89% (FCF TTM 41420b / Enterprise Value 278163b)
FCF Margin = 22.17% (FCF TTM 41420b / Revenue TTM 186805b)
Net Margin = 11.50% (Net Income TTM 21478b / Revenue TTM 186805b)
Gross Margin = 62.42% ((Revenue TTM 186805b - Cost of Revenue TTM 70195b) / Revenue TTM)
Gross Margin QoQ = 56.53% (prev 65.27%)
Tobins Q-Ratio = 0.92 (Enterprise Value 278163b / Total Assets 303087b)
Interest Expense / Debt = 5.40% (Interest Expense 5661b / Debt 104855b)
Taxrate = 18.07% (7122b / 39418b)
NOPAT = 36325b (EBIT 44336b * (1 - 18.07%))
Current Ratio = 0.79 (Total Current Assets 80932b / Total Current Liabilities 102358b)
Debt / Equity = 0.89 (Debt 104855b / totalStockholderEquity, last quarter 118333b)
Debt / EBITDA = 0.58 (Net Debt 48372b / EBITDA 82994b)
Debt / FCF = 1.17 (Net Debt 48372b / FCF TTM 41420b)
Total Stockholder Equity = 130029b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.20% (Net Income 21478b / Total Assets 303087b)
RoE = 16.52% (Net Income TTM 21478b / Total Stockholder Equity 130029b)
RoCE = 28.12% (EBIT 44336b / Capital Employed (Equity 130029b + L.T.Debt 27622b))
RoIC = 16.05% (NOPAT 36325b / Invested Capital 226337b)
WACC = 6.93% (E(229791b)/V(334646b) * Re(8.08%) + D(104855b)/V(334646b) * Rd(5.40%) * (1-Tc(0.18)))
Discount Rate = 8.08% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 8.70 | Cagr: -0.11%
[DCF] Terminal Value 76.21% ; FCFF base≈40464b ; Y1≈42694b ; Y5≈49935b
[DCF] Fair Price = 731k (EV 768769b - Net Debt 48372b = Equity 720397b / Shares 985.8m; r=8.35% [WACC [floored]]; 5y FCF grow 6.12% → 2.50% )
[DCF] Fair Price = 731k (out of range, set to none)
EPS Correlation: -86.14 | EPS CAGR: -19.83% | SUE: -4.0 | # QB: -1
Revenue Correlation: 37.50 | Revenue CAGR: 2.78% | SUE: 2.14 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=1.18 | Chg30d=+2.80% | Revisions=+25% | GrowthEPS=+0.0% | GrowthRev=+2.4%
EPS next Year (2027-12-31): EPS=1.23 | Chg30d=N/A | Revisions=+0% | GrowthEPS=+4.2% | GrowthRev=+3.4%