Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) Valuation — DCF, Graham & Comparables

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) — Price $11.17 (closing price, October 30, 2026) — Communication Services — Telecommunications Services — NYSE

Latest reported results:

Valuation dashboard for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) with P/E 11.28, P/B 1.63, EV/EBITDA 2.92 and dividend yield 11.42%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Communication Services companies.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, known as TELKOM Indonesia, is a global provider of telecommunications, information technology, and network solutions. Founded in Bandung, Indonesia, in 1884, its operations are organized into several distinct segments.

Analysis Summary

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk reported revenue of 146.74T IDR in the most recent fiscal year, growing at a 5-year CAGR of 1.5%. Net income reached 17.49T IDR, with a -3.6% 5-year CAGR.

Trailing-twelve-month margins: gross margin 50.5%, operating margin 23.2%, net margin 11.5%.

At $11.17 (closing price, October 30, 2026), TLK trades at a P/E of 11.28 and an ROE of 13.16%. Market capitalisation stands at $11.0B, placing it among large-cap names.

Balance sheet quality for TLK: current ratio of 0.8. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio11.28
Price / Book1.63
EV / EBITDA2.92
Dividend Yield11.42%

Valuation Models

DCF Fair Value$49.99
vs Current Price+347.5%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
TLKPerusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk$11.0B11.281.6313.2%
CHTChunghwa Telecom Co., Ltd.$38.0B36.313.438.9%
SKMSK Telecom Co.,Ltd$11.9B22.811.055.7%
KTKT Corporation$8.3B8.010.697.2%
PHIPLDT Inc.$3.8B9.251.9522.4%

Price

Price$11.17 (closing price, October 30, 2026)
Market Cap$11.0B
ExchangeNYSE
CountryID

Profitability

Return on Equity13.16%
Return on Invested Capital11.37%
Return on Assets5.65%
Gross Margin50.48%
Operating Margin23.21%
Net Margin11.45%

Related companies: CHT · SKM · KT · PHI

Explore sector: Communication Services · Telecommunications Services

More sections of TLK: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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