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Saturday 17 October 2026 Export TLK’s income statement to Excel — free account

PT Telekomunikasi Indonesia, Tbk

TLK Communication Services Telecom Services

In the quarter to June 2026, revenue fell 8.61%, EPS grew 5,809.1%, free cash flow grew 3.00% and total debt rose 35.0%, each against the same quarter a year earlier.

11.04 1.74 −13.62%
Market cap
$12.6B
P/E
8.1×
Fwd P/E
—
Dividend yield
11.1%
F-score
5/9
Altman Z
2.96
Beneish M
−3.22
Dividend safety
33/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.38%

Capital & Financial Ratios $m

Market Cap 12,600.00
Revenue 13,408.56
Net Income 0.00
Free Cash Flow 3,894.30
Net Debt (509.28)
Current Ratio 0.79 (below 1: weak)
Debt/Equity 0.36 (at or below 0.5: strong)
P/E ratio 8.06
Fwd P/E —
P/S ratio 0.81
P/B ratio 1.35
Past 5Y EPS Growth (5.59%) (below 0%: weak)
This Y EPS Growth 13.67%
Next Y EPS Growth 8.30%
Next Y revenue growth —
Next 5Y EPS Growth 8.60%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.8×, against a ten-year median of 2.6×; over the ten years it ranged from 0.8× in 2026 to 3.2× in 2022.
P/E against its own 10 years 0.04%
10-year low 10-year high
P/S against its own 10 years 0.04%
10-year low 10-year high
P/B against its own 10 years 0.15%
10-year low 10-year high
EV/Sales against its own 10 years 0.04%
10-year low 10-year high
EV/FCF against its own 10 years 0.04%
10-year low 10-year high

Dividends

Payout Ratio 0.89
Annual Dividend Rate 1.22
Annual Dividend Yield 11.06%
total individual payouts
2026 1.22
1.22
2025 1.29
1.29
2024 1.10
1.10
2023 1.11
1.11
2022 1.00
1.00
2020 1.05
1.05
2019 0.00
0.39
2018 0.97
0.97
2017 0.00
0.15
2016 0.72
0.58
0.14
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,992 2,186 2,137 3,395
Receivables 711 797 684 706
Inventory 65 68 54 47
Other 720 691 665 707
3,613 3,919 3,704 4,856
2023 2024 2025 Q'26
Payables 1,237 981 1,009 28
ST’ Debt 719 986 1,064 1,229
Other 754 810 696 590
4,639 4,767 4,454 6,141

Compound Annual Growth %

10y 5y 3y
Sales (1.51%) (1.96%) (2.39%)
Cash Flow (1.31%) (3.82%) (6.71%)
Earnings (3.82%) (6.88%) (7.65%)
Book Value (0.40%) 0.91% (2.13%)

Revenue $m

Mar Jun Sep Dec Year
’26 2,231 — — — —
’25 2,198 — — — 8,799
’24 2,246 — 6,733 — 9,317
’23 2,526 2,480 2,442 — 9,690
’22 2,465 2,456 2,419 2,481 9,462
’21 2,376 2,444 2,555 2,615 10,048
’20 2,394 2,260 2,214 2,599 9,712
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 1,037 1,054 — — —
’25 1,007 948 2,976 — 3,827
’24 950 831 2,757 — 3,827
’23 866 878 2,994 — 3,934
’22 1,303 1,091 1,044 1,452 4,713
’21 1,220 1,076 1,250 1,223 4,797
’20 1,232 1,146 889 1,272 4,649
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 737 676 — — —
’25 656 605 1,876 — 2,287
’24 574 426 1,527 — 2,029
’23 270 381 1,298 — 1,575
’22 718 461 (679) 1,452 2,289
’21 770 519 (267) 1,223 2,551
’20 900 434 (329) 1,272 2,392
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.26 — — — —
’25 0.36 — — — 1.08
’24 0.37 — 0.38 — 1.50
’23 0.45 0.00 0.00 — 1.63
’22 0.43 0.00 0.00 0.00 1.47
’21 0.43 0.00 0.00 0.00 1.75
’20 0.41 0.00 0.00 0.00 1.44
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 21.22 28.10 21.75 24.27 16.06 20.44 23.03 21.67 15.35 13.15

Analyst estimates 2026–2028

Powerpack
High 34.65 36.19 32.51 31.48 29.37 29.72 33.21 29.58 26.85 22.39
People
People Employees 23,876 24,065 24,071 24,272 25,348 23,756 23,793 23,064 21,673 21,151
Revenue/emp, $m 0.36 0.39 0.38 0.40 0.38 0.42 0.40 0.42 0.43 0.42
Income, $m
Income, $m Revenue 8,635 9,453 9,095 9,765 9,712 10,048 9,462 9,690 9,317 8,799
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
EBT 2,833 3,144 2,510 2,759 2,786 3,070 2,340 2,652 2,432 1,829
EBT margin, % 32.81 33.26 27.60 28.25 28.69 30.55 24.73 27.37 26.10 20.79
Net income — — — — — — — — — —
Depreciation — — — — — — — — — —
Per share, $
Per share, $ Revenue 8.75 9.56 9.18 9.86 9.80 10.14 9.55 9.78 9.41 8.88
Earnings 1.96 1.68 1.59 1.32 1.44 1.75 1.47 1.63 1.50 1.08
Cash flow 3.55 3.68 3.21 4.29 4.69 4.84 4.76 3.97 3.86 3.86
Capex (2.04) (2.34) (2.38) (2.60) (2.28) (2.27) (2.45) (2.38) (1.81) (1.55)
Free cash flow 1.51 1.34 0.83 1.68 2.41 2.58 2.31 1.59 2.05 2.31
Book value 7.92 8.34 8.21 8.52 8.66 10.28 9.67 10.24 10.17 9.06
Shares, m 986 988 990 991 991 991 991 991 991 991
Valuation, ×
Valuation, × P/E 18.95 15.41 12.47 32.93 55.95 65.41 55.49 56.15 21.68 18.89
P/S 2.68 2.87 2.21 2.72 2.46 2.87 2.46 2.58 1.17 1.53
P/B 2.84 2.86 2.16 3.94 3.19 3.36 2.90 2.45 1.76 2.24
EV/Sales 2.64 2.87 2.23 2.95 2.79 3.09 2.66 2.66 1.22 1.59
EV/FCF 13.00 13.69 11.49 41.76 39.18 31.62 59.94 15.74 4.44 4.63
Cash, $m
Cash, $m Operating cash flow 3,506 3,642 3,176 4,247 4,649 4,797 4,713 3,934 3,827 3,827
Capex (2,014) (2,316) (2,358) (2,580) (2,257) (2,246) (2,424) (2,359) (1,798) (1,540)
Free cash flow 1,492 1,326 818 1,667 2,392 2,551 2,289 1,575 2,029 2,287
Balance, $m
Balance, $m Working capital 590 162 (244) (1,473) (1,563) (520) (975) (1,026) (848) (750)
Total debt 2,361 2,616 3,064 4,542 3,932 4,119 2,851 2,523 2,571 2,629
Net debt 42 603 1,761 3,188 2,374 1,396 712 531 385 492
Shareholders’ equity 7,814 8,242 8,135 8,443 8,578 10,188 9,575 10,147 10,075 8,977
Returns, %
Returns, % ROA 9.59 11.68 8.56 8.79 8.70 9.47 7.19 8.75 7.89 5.86
ROIC 23.14 22.87 16.93 17.03 17.85 18.04 15.51 16.90 15.96 13.47
ROE 16.73 20.32 15.12 16.58 17.60 18.61 13.48 16.08 14.51 11.01
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Mar 2026

Charts ten years each

PT Telekomunikasi Indonesia, Tbk vs peers in Telecom Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TELFY Telefonica SA $21.5B — (loss-making) 10.6× −5.45% (below 0%: shrinking) n/m −124.79% (below 0%: shrinking) 28.59% 10.79% Compare
VIV Telefonica Brasil S.A. $19.6B 25.1× 13.4× +20.64% (above 0%: growing) +33.01% (above 0%: growing) +3.07% (above 0%: growing) 45.54% 16.48% Compare
CHTR Charter Communications, Inc. $19.4B 2.8× 3.2× −1.74% (below 0%: shrinking) +14.35% (above 0%: growing) +45.18% (above 0%: growing) 39.27% 22.65% Compare
TIGO Millicom International Cellular SA $13.8B 20.8× 23.8× +59.40% (above 0%: growing) −83.95% (below 0%: shrinking) +66.11% (above 0%: growing) 75.26% 21.20% Compare
TLK PT Telekomunikasi Indonesia, Tbk $12.6B 8.1× — −8.61% (below 0%: shrinking) +5,809.09% (above 0%: growing) +3.00% (above 0%: growing) 100.00% 24.01%
SKM SK Telecom Co., Ltd. $12.5B 25.5× — +0.47% (above 0%: growing) +406.25% (above 0%: growing) −29.63% (below 0%: shrinking) 89.10% 12.99% Compare
GSAT Globalstar, Inc. $10.8B — (loss-making) — (loss-making) −3.54% (below 0%: shrinking) n/m −20.48% (below 0%: shrinking) 58.32% (7.37%) Compare
KT KT Corporation $8.9B 9.9× — −10.06% (below 0%: shrinking) −39.60% (below 0%: shrinking) −46.85% (below 0%: shrinking) 9.71% 9.71% Compare
TIMB TIM S.A. Sponsored ADR $8.8B 11.0× 13.4× +18.33% (above 0%: growing) +14.29% (above 0%: growing) +17.75% (above 0%: growing) 55.35% 24.42% Compare
Median of peers $13.1B 15.9× 13.4× −0.63% +14.32% −8.70% 50.45% 14.73%

All 55 Telecom Services stocks →

PT Telekomunikasi Indonesia, Tbk (TLK) key facts

  • PT Telekomunikasi Indonesia, Tbk (TLK) is a Telecom Services company in the Communication Services sector, traded in the US as an ADR.
  • As of October 16, 2026, TLK traded at $11.04, a market capitalization of $12.6 billion.
  • PT Telekomunikasi Indonesia, Tbk pays an annual dividend of $1.22 per share, a yield of 11.1%, with a payout ratio of 89.2%.
  • Return on equity was 11.0% and debt-to-equity 0.36.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 2.96 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

PT Telekomunikasi Indonesia, Tbk (TLK) Latest News

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stockrow.com/TLK · Data as of Mar 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com