My updated rating for Telekomunikasi Indonesia is a "Hold" (versus a "Buy" previously), considering poor financial prospects and solid corporate restructuring efforts. FY2025 results missed expectations, with EPS down 24.7%; its FY26 revenue growth outlook was below consensus, while its EBITDA margin guidance implies limited improvement. But TLK is making strong progress on portfolio rationalization, and 5G transition risks are easing.
Investors interested in stocks from the Diversified Communication Services sector have probably already heard of Telefonica (TELFY) and PT Telekomunikasi (TLK). But which of these two stocks is more attractive to value investors?
Telkom Indonesia is rated a buy, trading at an attractive valuation with a solid ~6% yield and strong long-term tailwinds. TLK's strategic pivot includes spinning off assets, optimizing its portfolio, and expanding aggressively into data centers for future growth. Despite a slight revenue contraction, TLK maintains a robust EBITDA margin of ~50% and disciplined CAPEX, supporting healthy free cash flow and dividends.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 205 | $3,829.4 | $2,897.67 | -$931.73 | -24.33% |
Charles Brandes Brandes Investment Partners | 165,762 | $2.55M | $2.35M | -$197,825.47 | -7.77% |
Point72 Asset Management LP Point72 Asset Management LP | 455,628 | $8.51M | $6.44M | -$2.07M | -24.31% |
| YA Yinka Akinsola Blue Trust Inc. | 25,630 | $482,356.6 | $362,390.26 | -$119,966.34 | -24.87% |
| MD Michelle Dubey Yousif Capital Management LLC | 19,864 | $516,145.56 | $280,876.96 | -$235,268.6 | -45.58% |
| Diversified Telecommunication Services Industry | Communication Services Sector | Dian Siswarini CEO | NYSE Exchange | 715684106 CUSIP |
| ID Country | 19,082 Employees | 18 Jun 2026 Last Dividend | 30 Jun 1999 Last Split | 14 Nov 1995 IPO Date |
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, commonly known as Telkom Indonesia, is a globally operating company specializing in information and communications technology (ICT) and telecommunications network services. Founded in 1884 and headquartered in Bandung, Indonesia, Telkom Indonesia has grown to offer a diverse range of services across multiple segments including mobile, consumer, enterprise, wholesale and international business, among others. The company's extensive portfolio targets a wide spectrum of customers, from individual users to large institutions, proving its significance in the global telecommunications industry.
Offers a comprehensive suite of mobile services including voice, SMS, and various value-added services along with mobile broadband. These services cater to the needs of individual consumers looking for reliable communication and internet access on the go.
This segment provides a broad range of services aimed at home customers. It encompasses fixed wireline services, pay TV, and internet services, ensuring consumers have access to high-quality telecommunications and entertainment at home.
Delivers end-to-end ICT solutions tailored for corporations and institutions. This includes a variety of services such as networking, cloud computing, and cybersecurity, designed to empower businesses with the technology needed for optimal operation.
Focuses on serving other licensed operators and institutions with interconnection services, broadband access, information technology services, data, and internet services. This segment plays a pivotal role in the global telecommunications infrastructure, facilitating international connectivity and communication.
In addition to the main telecom services, Telkom Indonesia also dives into adjacent areas adding diversity to its offerings. These include digital content products, big data analytics, business-to-business e-commerce, and financial services aimed at both individual and corporate clients. The company is also involved in leasing towers, digital support and various telecommunications services, providing hardware and software consultation, and managing data centers. Their engagement in property development, multimedia portal services, as well as business management consulting, showcases the company's versatility within the digital and real estate domains.