Telkom Indonesia Persero Tbk PT ADR (TLK) Stock Analysis

Why this analysis is different

• A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
• An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
• Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.

Telkom Indonesia Persero Tbk PT ADR (TLK) Media & Communications Profile

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) stands as a dominant telecommunications provider in Indonesia, delivering extensive mobile and fixed broadband services while diversifying into digital solutions such as IoT and big data analytics, positioning itself strongly against global competitors.

What Is the Investment Thesis for TLK?

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) presents a strong investment thesis driven by its substantial market capitalization of $14.8B and a consistent profit margin of 10.9%. The company is well-positioned to benefit from the growing demand for digital services, particularly in IoT and big data analytics, which are projected to expand significantly in the coming years. TLK's diversified revenue streams, including mobile, fixed broadband, and enterprise solutions, enhance its resilience against market fluctuations. The company's impressive gross margin of 57.9% indicates operational efficiency, while a solid dividend yield of 7.41% appeals to income-focused investors. Potential risks include regulatory changes and competitive pressures from both local and international players, which could impact growth. However, TLK's established brand and extensive subscriber base provide a competitive edge that may mitigate these risks.

Based on FMP financials and quantitative analysis

TLK Key Highlights

Market capitalization of $14.8B, positioning TLK as a major player in the telecommunications sector.

• Profit margin of 10.9%, indicating solid operational efficiency and profitability.
• Gross margin of 57.9%, significantly higher than industry averages, reflecting effective cost management.
• Free cash flow of $37545.72 billion, providing ample resources for reinvestment and shareholder returns.
• Dividend yield of 7.41%, appealing to income-focused investors seeking reliable returns.

Who Are TLK's Competitors?

TLK is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.

What Are TLK's Key Strengths?

Strong market position with a large subscriber base.

• Diverse service offerings across multiple segments.
• High gross margin indicating operational efficiency.
• Established brand with significant recognition in Indonesia.

What Are TLK's Weaknesses?

Dependence on the Indonesian market for revenue.

• Vulnerability to regulatory changes affecting operations.
• High competition from both local and international players.
• Potential challenges in managing operational costs.

What Are the Key Risks for TLK?

Inconsistent delivery — missed Wall Street EPS estimates in 6 of the last 8 reported quarters.

What Are the Growth Opportunities for TLK?

• Growth opportunity 1: The demand for mobile broadband services in Indonesia is projected to grow at a CAGR of 10% over the next five years, driven by increasing smartphone penetration and digital content consumption. TLK's extensive network infrastructure positions it to capture a significant share of this expanding market, enhancing its subscriber base and revenue.
• Growth opportunity 2: The enterprise ICT services market in Indonesia is expected to grow to $10 billion by 2027, fueled by businesses' increasing reliance on digital transformation. TLK's comprehensive suite of enterprise solutions, including cloud services and cybersecurity, uniquely positions it to meet this demand and drive substantial revenue growth.
• Growth opportunity 3: The rise of IoT applications across various sectors, including agriculture and manufacturing, presents a lucrative market for TLK. With the global IoT market anticipated to reach $1.1 trillion by 2026, TLK's investment in IoT infrastructure and services can capitalize on this trend, enhancing its competitive advantage.
• TLK's foray into digital advertising services can leverage its extensive customer base, providing targeted advertising solutions that enhance revenue streams and customer engagement.
• By integrating e-commerce capabilities into its existing offerings, TLK can attract new customers and drive additional revenue growth.

What Opportunities Does TLK Have?

• Growing demand for mobile broadband and digital services.
• Expansion into emerging markets and new technologies.
• Increasing enterprise demand for ICT solutions.
• Potential for strategic partnerships in digital advertising.

What Threats Does TLK Face?

• Intense competition leading to price wars.
• Rapid technological changes requiring continuous innovation.
• Regulatory pressures impacting service delivery.
• Economic downturns affecting consumer spending on telecom services.

What Are TLK's Competitive Advantages?

• Established brand recognition and trust in the Indonesian market.
• Extensive network infrastructure providing reliable services.
• Diverse service offerings catering to various customer segments.
• Strong customer base with millions of subscribers enhancing revenue stability.
• Innovative digital solutions positioning TLK ahead of competitors.

What Does TLK Do?

Founded in 1884, Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, commonly known as TLK, is Indonesia's premier telecommunications company headquartered in Bandung. Over the years, TLK has evolved significantly, expanding its service offerings from traditional telephony to a comprehensive suite of telecommunications, informatics, and network services. The company operates through several segments, including Mobile, Consumer, Enterprise, and Wholesale & International Business, catering to a diverse clientele ranging from individual consumers to large enterprises. TLK's Mobile segment provides essential services such as mobile voice, SMS, and mobile broadband, while its Consumer segment focuses on fixed voice and broadband services, including IPTV. The Enterprise segment delivers advanced ICT solutions, encompassing connectivity, IT services, data center operations, and cybersecurity, which are increasingly vital in today's digital landscape. Additionally, TLK's Wholesale and International Business segment supports other licensed operators with services like A2P SMS and data center offerings. As of December 31, 2020, TLK boasted approximately 169.5 million cellular subscribers, including 115.9 million mobile broadband users, reflecting its robust market position. The company's commitment to innovation and customer service has solidified its reputation as a leader in Indonesia's telecommunications sector.

What Products and Services Does TLK Offer?

• Provide mobile voice, SMS, and broadband services to consumers.
• Offer fixed voice and broadband services, including IPTV.
• Deliver ICT solutions and digital platforms for enterprise clients.
• Facilitate wholesale voice and managed services to other operators.
• Provide digital services such as e-commerce and digital advertising.
• Manage data centers and cloud services for businesses.

How Does TLK Make Money?

• Generate revenue through mobile and fixed-line telecommunications services.
• Offer enterprise ICT solutions, including cloud and cybersecurity services.
• Provide wholesale services to other telecommunications operators.
• Monetize digital services such as advertising and e-commerce.
• Leverage a large subscriber base for upselling additional services.

What Industry Does TLK Operate In?

The telecommunications industry is undergoing rapid transformation, driven by increasing demand for mobile connectivity and digital services. With a global market size projected to reach $1.5 trillion by 2026, companies like TLK are well-positioned to capitalize on this growth. The competitive landscape includes major players such as Vodafone Group, BCE Inc., and Telefónica, which intensifies the need for innovation and service diversification. As consumers and businesses increasingly rely on digital solutions, TLK's comprehensive service offerings, including IoT and big data analytics, enhance its competitive positioning within this dynamic market.

Who Are TLK's Key Customers?

• Individual consumers using mobile and fixed-line services.
• Businesses requiring ICT and digital platform solutions.
• Other telecommunications operators seeking wholesale services.
• Government agencies needing telecommunications infrastructure.
• Enterprises looking for data center and cloud services.

Telkom Indonesia Persero Tbk PT ADR (TLK) Valuation Context

Valued at $14.8B, TLK is classified as a large-cap stock. Relative to its peer group, TLK's quantitative score of 77/100 is above the peer average of 61/100.

TLK Revenue & Earnings Trend

In Q2 FY2026, TLK generated $75.88T in top-line revenue, marking a sequential increase of 104.0%. The company recorded net income of $10.62T, with diluted EPS of $10750.00. Revenue has increased across the last three reported quarters, suggesting sustained momentum for this large-cap Communication Services company. Across the four most recent quarters, TLK averaged $5428.11 in diluted EPS.

Company Profile

Telkom Indonesia Persero Tbk PT ADR operates in the Telecommunications Services industry within the Communication Services sector. It is headquartered in Bandung, ID. The company is led by CEO Dian Siswarini. TLK has traded publicly since 1995.

Return on equity for Telkom Indonesia Persero Tbk PT ADR stands at 13.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 5.7%, showing how much profit it generates from its asset base. TLK trades at a trailing price-to-earnings ratio of 15.01, below the Communication Services sector average of ~17.60x. Its free cash flow yield is 16.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.78 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 6.6%, the inverse of the P/E and a quick read on earnings relative to price.

Telkom Indonesia Persero Tbk PT ADR's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 2.41 places it in the grey zone, a middle ground that warrants monitoring.

Telkom Indonesia Persero Tbk PT ADR has missed Wall Street's EPS estimate in 6 of its last 8 reported quarters — a mixed record worth weighing. Reported results have landed about 13.2% below estimates on average.

TLK Financials

TLK Latest News

TLK Analyst Consensus

TLK MoonshotScore

What Investors Ask About Telkom Indonesia Persero Tbk PT ADR (TLK) — Communication Services

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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