Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) AI Stock Analysis
TLK AI stock analysis summary
AI ResearchPerusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK), known as Telkom Indonesia, is a global provider of telecommunications, informatics, and network services. In FY2025, annual revenue fell 2.2% to $146.74T while free cash flow reached $38.07T. The stock trades at a trailing P/E of 10.7x and offers an annual forward dividend yield of 11.07%.
- Market cap
- $10.87B
- Revenue (TTM)
- $147.36T
- P/E
- 10.7x fwd 10.1x
- 1Y return
- -33.8% S&P 500 16.8%
- Avg. target
- $17.00 54.1% vs last close
Bull case
- In the quarter ended June 30, 2026, quarterly earnings grew 28.0% year-over-year alongside 6.4% revenue growth.
- TLK offers an annual forward dividend yield of 11.07% supported by 31 consecutive years of dividend payments.
- The stock trades at an EV/EBITDA of 3.5x, well below the median of 10.0x for its US-listed Communication Services peers.
Bear case
- The company's dividend payout ratio is elevated at 143.6%, meaning dividends paid exceed net earnings.
- Full-year revenue declined 2.2% in FY2025, and net income fell to $17.49T from $23.61T in FY2024.
- The stock is down 43.2% year-to-date and trades 31.2% below its 200-day moving average.
What Perusahaan Perseroan PT Telekomunikasi Indonesia Tbk does
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, known as Telkom Indonesia, provides telecommunications, informatics, and network services globally. Its Mobile segment supplies mobile voice, SMS, broadband, and digital services including gaming, video on demand, IoT, and mobile advertising. The Consumer segment offers fixed voice, broadband, and IPTV services. Through its Enterprise segment, the company delivers connectivity, satellite, data centers, cloud computing, and IT solutions. The Wholesale and International Business segment provides wholesale voice, IP transit, tower infrastructure, and call centers, while the Others segment manages digital platforms, e-commerce, and property management services.
Growth and profitability
Between FY2021 and FY2024, revenue grew from $143.21T to $149.97T before declining 2.2% in FY2025 to $146.74T, reflecting a 5-year revenue CAGR of 1.5%. Net income decreased from $24.88T in FY2021 to $17.49T in FY2025, with net margin contracting from 17.4% to 11.9%. Operating margin also moved lower from 33.3% in FY2021 to 23.3% in FY2025. In the trailing twelve months ended June 30, 2026, revenue was $147.36T with a profit margin of 12.0%. For the latest quarter ended June 30, 2026, quarterly revenue grew 6.4% year-over-year, while quarterly earnings grew 28.0%.
Balance sheet and cash flow
As of June 30, 2026, Telkom Indonesia held $56.48T in cash and short-term investments against total debt of $80.89T, resulting in net debt of $24.40T. Total assets were $303.09T and shareholders' equity was $118.33T, producing a debt-to-equity ratio of 0.68 and a current ratio of 0.79. In FY2025, the company generated $63.84T in operating cash flow. It allocated $25.77T to capital expenditures, paid $21.05T in dividends, and executed $30.00B in share buybacks.
Valuation and performance
At its last close of $11.03 on October 16, 2026, TLK had a market cap of $10.87B and an enterprise value of $14.86B. The stock trades at a trailing P/E of 10.7x and a forward P/E of 10.1x, below the median of its US-listed Communication Services peers of 16.2x and 14.1x. Its EV/EBITDA of 3.5x is lower than the peer median of 10.0x, though its price-to-sales multiple of 1.6x is above the peer median of 0.8x. Over the past 1 year, TLK declined 33.8% compared to a 16.8% gain for SPY. Over 5 years, TLK fell 45.2% while SPY gained 83.0%.
TLK dividend
TLK pays an annual dividend with a forward rate of $1.22 per share, which corresponds to a dividend yield of 11.07%. Its payout ratio is 143.6%. The company has paid dividends for 31 consecutive years, delivering a 5-year annualized dividend growth rate of 3.6%. The most recent ex-dividend date was June 18, 2026.
What analysts expect
Wall Street analyst coverage consists of 1 Strong Buy, 0 Buy, 0 Hold, 0 Sell, and 0 Strong Sell ratings. The mean price target is $17.00, which is 54.1% above the last close of $11.03. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $1.18 on revenue of $150.21T. For the next fiscal year, analysts expect EPS of $1.23 on revenue of $155.03T. The company beat EPS estimates in 1 of the last 4 quarters, and its next earnings date is October 29, 2026.
Key risks and what to watch
- A current ratio of 0.79 indicates that short-term obligations exceed liquid current assets.
- Total debt of $80.89T leaves the company with net debt of $24.40T relative to $56.48T in cash and short-term investments.
- Long-term revenue expansion has been slow, posting a 5-year CAGR of 1.5% from FY2020 to FY2025.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this TLK AI stock analysis
This page is an AI-written research summary of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: TLK income statement, TLK balance sheet, TLK key metrics, TLK analyst forecast, TLK chart. See the TLK stock overview for the latest quote and news.
TLK AI stock analysis FAQ
What is TLK's dividend yield and payment schedule?
TLK pays an annual dividend with a forward yield of 11.07% and an annual payout of $1.22 per share. The company has maintained a 31-year record of consecutive dividend payments.
What is the consensus analyst price target for TLK?
The mean analyst price target is $17.00, representing a 54.1% premium to its last close of $11.03. The stock currently has 1 Strong Buy rating.
How is TLK valued compared to its communication services peers?
TLK trades at a trailing P/E of 10.7x and an EV/EBITDA of 3.5x, below the median of its US-listed Communication Services peers of 16.2x and 10.0x. However, its price-to-sales ratio of 1.6x is above the peer median of 0.8x.
When does Telkom Indonesia report its next earnings?
The next scheduled earnings date for Telkom Indonesia is October 29, 2026.