Indonesian (IDX) Telecom Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies46
- 7D-0.5%
- 3M-14.0%
- 1Y-10.8%
- YTD-13.0%
The Telecom is pretty flat in the last 7 days, but Dayamitra Telekomunikasi has stood out, gaining 7.0%. Unfortunately though, the industry is down 11% over the past 12 months. Earnings are forecast to grow by 12% annually.
Sector Valuation and Performance
Has the Indonesian Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | Rp864.7t | Rp367.0t | Rp42.3t | 20.7x | 20.4x | 2.4x |
| Tue, 16 Apr 2024 | Rp865.2t | Rp362.2t | Rp40.4t | 26.3x | 21.4x | 2.4x |
| Thu, 14 Mar 2024 | Rp968.0t | Rp373.3t | Rp39.4t | 25.7x | 24.6x | 2.6x |
| Sat, 10 Feb 2024 | Rp976.1t | Rp370.8t | Rp38.8t | 26.4x | 25.2x | 2.6x |
| Mon, 08 Jan 2024 | Rp976.0t | Rp368.7t | Rp38.9t | 24.1x | 25.1x | 2.6x |
| Wed, 06 Dec 2023 | Rp970.9t | Rp368.8t | Rp40.9t | 26.7x | 23.8x | 2.6x |
| Fri, 03 Nov 2023 | Rp904.8t | Rp365.1t | Rp42.1t | 25.4x | 21.5x | 2.5x |
| Sun, 01 Oct 2023 | Rp955.2t | Rp368.8t | Rp41.4t | 28.4x | 23.1x | 2.6x |
| Tue, 29 Aug 2023 | Rp969.0t | Rp368.9t | Rp41.5t | 31.7x | 23.4x | 2.6x |
| Thu, 27 Jul 2023 | Rp948.3t | Rp364.1t | Rp44.1t | 26x | 21.5x | 2.6x |
| Sat, 24 Jun 2023 | Rp949.7t | Rp364.2t | Rp44.5t | 26.2x | 21.3x | 2.6x |
| Mon, 22 May 2023 | Rp933.0t | Rp364.3t | Rp44.2t | 26.6x | 21.1x | 2.6x |
| Wed, 19 Apr 2023 | Rp957.0t | Rp360.0t | Rp48.5t | 18.9x | 19.7x | 2.7x |
| Fri, 17 Mar 2023 | Rp924.0t | Rp356.7t | Rp56.0t | 18.4x | 16.5x | 2.6x |
| Sun, 12 Feb 2023 | Rp934.6t | Rp351.9t | Rp55.9t | 16.2x | 16.7x | 2.7x |
| Tue, 10 Jan 2023 | Rp934.9t | Rp342.1t | Rp55.8t | 16.8x | 16.7x | 2.7x |
| Thu, 08 Dec 2022 | Rp945.8t | Rp341.8t | Rp55.9t | 16.6x | 16.9x | 2.8x |
| Sat, 05 Nov 2022 | Rp1052.7t | Rp336.4t | Rp53.3t | 20.6x | 19.7x | 3.1x |
| Mon, 03 Oct 2022 | Rp1097.2t | Rp334.7t | Rp53.6t | 19x | 20.5x | 3.3x |
| Wed, 31 Aug 2022 | Rp1133.4t | Rp334.1t | Rp54.1t | 20.3x | 21x | 3.4x |
| Fri, 29 Jul 2022 | Rp1093.6t | Rp321.9t | Rp58.1t | 18.2x | 18.8x | 3.4x |
| Sun, 26 Jun 2022 | Rp1042.5t | Rp321.8t | Rp58.1t | 18.5x | 17.9x | 3.2x |
| Tue, 24 May 2022 | Rp1039.7t | Rp319.7t | Rp52.4t | 20x | 19.8x | 3.3x |
| Thu, 21 Apr 2022 | Rp1159.9t | Rp312.7t | Rp47.2t | 21.5x | 24.6x | 3.7x |
| Sat, 19 Mar 2022 | Rp1130.6t | Rp311.6t | Rp46.2t | 19.6x | 24.5x | 3.6x |
| Mon, 14 Feb 2022 | Rp1045.0t | Rp309.3t | Rp43.0t | 20.6x | 24.3x | 3.4x |
| Wed, 12 Jan 2022 | Rp990.7t | Rp309.3t | Rp43.6t | 19.3x | 22.7x | 3.2x |
| Fri, 10 Dec 2021 | Rp1019.7t | Rp307.9t | Rp43.3t | 20.9x | 23.6x | 3.3x |
| Sun, 07 Nov 2021 | Rp902.3t | Rp297.0t | Rp40.3t | 20.4x | 22.4x | 3x |
| Tue, 05 Oct 2021 | Rp872.4t | Rp294.5t | Rp41.4t | 20.4x | 21.1x | 3x |
| Thu, 02 Sep 2021 | Rp868.8t | Rp294.4t | Rp41.5t | 19.7x | 20.9x | 3x |
| Sat, 31 Jul 2021 | Rp914.8t | Rp294.4t | Rp41.5t | 18.7x | 22.1x | 3.1x |
Price to Earnings Ratio
24.8x
Current Industry PE
- Investors are relatively neutral on the Indonesian Communication Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 21.6x.
- The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 7.1% per year over the last three years.
- Revenues for these companies have grown 8.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indonesian Telecom sector?
| ID Market | 4.25% | |
| Telecom | -0.53% | |
| Media | 6.25% | |
| Wireless Telecom | 1.20% | |
| Interactive Media and Services | -0.61% | |
| Entertainment | -1.17% | |
| Telecom Services and Carriers | -1.47% | |
Industry PE
- Investors are most optimistic about the Entertainment industry even though it's trading below its 3-year average PE ratio of 340x.
- Analysts are expecting annual earnings growth of 23.5%, which is higher than its past year's earnings growth of 3.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Media industry, expecting annual earnings growth of 52% over the next 5 years.
- This is better than its past earnings decline of 43% per year.
- In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 7.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MTEL Dayamitra Telekomunikasi | Rp610.00 | 7.0% +Rp3.3t | -8.3% | PE24.8x | |
| FREN Smartfren Telecom | Rp50.00 | 0% Rp2.4t | -10.7% | PS2x | |
| ISAT Indosat Ooredoo Hutchison | Rp10.78k | 2.6% +Rp2.2t | 38.1% | PE17.8x | |
| EMTK Elang Mahkota Teknologi | Rp442.00 | 6.3% +Rp1.6t | -34.5% | PE60.6x | |
| NETV Net Visi Media | Rp87.00 | 55.4% +Rp727.0b | -37.4% | PS8.2x |