TLK Stock Analysis: Telkom Indonesia (Persero) | NYSE
Telecom Services | NYSE, USA | Market Cap: 14.777m USD | 12M Return: -19.2% | US7156841063 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 9.80M
EPS Trend: -86.1%
Qual. Beats: -1
Rev. Trend: 37.5%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 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: 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 (82006b): 0.59 < 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: 7.66 > 6 (EBIT TTM 43348b / 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 43348b / Avg Total Assets 298442b) |
| D: 0.70 (Book Value of Equity 118333b / Total Liabilities 168239b) |
| Altman-Z'' = 2.35 = 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 August 25, 2026, the stock is trading at USD 15.02 with a total of 428,106 shares traded. Over the past week, the price has changed by +1.28%, over one month by +4.16%, over three months by -1.97% and over the past year by -19.16%.
Current recommended Stop Loss: 14.30 (which is 4.8% or 2.4 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 | 18.4 | 22.2% |
Market Cap IDR = 261422b (14.8b USD * 17690.83 USD.IDR)
P/E Trailing = 14.99
P/E Forward = 12.5
P/S = 1.7665
P/B = 2.2255
P/EG = 3.5733
Revenue TTM = 186805b IDR
EBIT TTM = 43348b IDR
EBITDA TTM = 82006b 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 = 309794b IDR (261422b + Debt 104855b - CCE 56483b)
Interest Coverage Ratio = 7.66 (Ebit TTM 43348b / Interest Expense TTM 5661b)
EV/FCF = 7.48x (Enterprise Value 309794b / FCF TTM 41420b)
FCF Yield = 13.37% (FCF TTM 41420b / Enterprise Value 309794b)
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 = 1.02 (Enterprise Value 309794b / Total Assets 303087b)
Interest Expense / Debt = 5.40% (Interest Expense 5661b / Debt 104855b)
Taxrate = 18.07% (7122b / 39418b)
NOPAT = 35516b (EBIT 43348b * (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 = 0.59 (Net Debt 48372b / EBITDA 82006b)
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 = 27.50% (EBIT 43348b / Capital Employed (Equity 130029b + L.T.Debt 27622b))
RoIC = 15.69% (NOPAT 35516b / Invested Capital 226337b)
WACC = 7.06% (E(261422b)/V(366277b) * Re(8.12%) + D(104855b)/V(366277b) * Rd(5.40%) * (1-Tc(0.18)))
Discount Rate = 8.12% (= 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 Year (2026-12-31): EPS=1.15 | Chg30d=-17.66% | Revisions=-25% | GrowthEPS=+0.0% | GrowthRev=+2.4%
EPS next Year (2027-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+3.0%