TELKOM INDONESIA PERSERO-ADR (TLK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TLK - US7156841063 - ADR
21.83 USD
-0.09 (-0.41%)
21.83 USD
0 (0%)
Taking everything into account, TLK scores 5 out of 10 in our fundamental rating. TLK was compared to 38 industry peers in the Diversified Telecommunication Services industry. TLK scores excellent on profitability, but there are some minor concerns on its financial health. TLK is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year TLK was profitable.
TLK had a positive operating cash flow in the past year.
TLK had positive earnings in each of the past 5 years.
Each year in the past 5 years TLK had a positive operating cash flow.
1.2 Ratios
The Return On Assets of TLK (7.45%) is better than 89.47% of its industry peers.
TLK has a better Return On Equity (15.87%) than 76.32% of its industry peers.
TLK has a better Return On Invested Capital (13.76%) than 94.74% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TLK is significantly above the industry average of 6.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.45% | ||
| ROE | 15.87% | ||
| ROIC | 13.76% |
ROA(3y)8%
ROA(5y)8.27%
ROE(3y)16.93%
ROE(5y)18.29%
ROIC(3y)15.68%
ROIC(5y)16.3%
1.3 Margins
With an excellent Profit Margin value of 14.76%, TLK belongs to the best of the industry, outperforming 81.58% of the companies in the same industry.
In the last couple of years the Profit Margin of TLK has grown nicely.
With an excellent Operating Margin value of 26.54%, TLK belongs to the best of the industry, outperforming 92.11% of the companies in the same industry.
TLK's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 66.72%, TLK belongs to the best of the industry, outperforming 81.58% of the companies in the same industry.
In the last couple of years the Gross Margin of TLK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.54% | ||
| PM (TTM) | 14.76% | ||
| GM | 66.72% |
OM growth 3Y-2.59%
OM growth 5Y-1.91%
PM growth 3Y-3.02%
PM growth 5Y2.75%
GM growth 3Y-0.88%
GM growth 5Y0.85%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TLK is creating value.
TLK has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for TLK remains at a similar level compared to 5 years ago.
TLK has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.85 indicates that TLK is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.85, TLK belongs to the top of the industry, outperforming 86.84% of the companies in the same industry.
TLK has a debt to FCF ratio of 2.17. This is a good value and a sign of high solvency as TLK would need 2.17 years to pay back of all of its debts.
The Debt to FCF ratio of TLK (2.17) is better than 92.11% of its industry peers.
A Debt/Equity ratio of 0.37 indicates that TLK is not too dependend on debt financing.
TLK has a Debt to Equity ratio of 0.37. This is amongst the best in the industry. TLK outperforms 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 2.17 | ||
| Altman-Z | 2.85 |
ROIC/WACC2.39
WACC5.75%
2.3 Liquidity
A Current Ratio of 0.77 indicates that TLK may have some problems paying its short term obligations.
TLK has a worse Current ratio (0.77) than 81.58% of its industry peers.
A Quick Ratio of 0.76 indicates that TLK may have some problems paying its short term obligations.
TLK's Quick ratio of 0.76 is on the low side compared to the rest of the industry. TLK is outperformed by 78.95% of its industry peers.
TLK does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
The earnings per share for TLK have decreased by -4.30% in the last year.
TLK shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.85% yearly.
Looking at the last year, TLK shows a decrease in Revenue. The Revenue has decreased by -1.89% in the last year.
Measured over the past years, TLK shows a small growth in Revenue. The Revenue has been growing by 2.04% on average per year.
EPS 1Y (TTM)-4.3%
EPS 3Y-1.52%
EPS 5Y4.85%
EPS Q2Q%-18.69%
Revenue 1Y (TTM)-1.89%
Revenue growth 3Y1.55%
Revenue growth 5Y2.04%
Sales Q2Q%-0.85%
3.2 Future
The Earnings Per Share is expected to grow by 2.91% on average over the next years.
TLK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.29% yearly.
EPS Next Y-4.1%
EPS Next 2Y1.32%
EPS Next 3Y2.91%
EPS Next 5YN/A
Revenue Next Year-1.84%
Revenue Next 2Y0.57%
Revenue Next 3Y1.29%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
TLK is valuated correctly with a Price/Earnings ratio of 16.54.
73.68% of the companies in the same industry are more expensive than TLK, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.49, TLK is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 14.85, the valuation of TLK can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TLK indicates a somewhat cheap valuation: TLK is cheaper than 73.68% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.69, TLK is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.54 | ||
| Fwd PE | 14.85 |
4.2 Price Multiples
TLK's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.09 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
TLK has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.41
EPS Next 2Y1.32%
EPS Next 3Y2.91%
5. Dividend
5.1 Amount
TLK has a Yearly Dividend Yield of 5.85%, which is a nice return.
Compared to an average industry Dividend Yield of 5.60, TLK pays a better dividend. On top of this TLK pays more dividend than 84.21% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, TLK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.85% |
5.2 History
The dividend of TLK has a limited annual growth rate of 1.73%.
TLK has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of TLK decreased in the last 3 years.
Dividend Growth(5Y)1.73%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
96.73% of the earnings are spent on dividend by TLK. This is not a sustainable payout ratio.
TLK's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP96.73%
EPS Next 2Y1.32%
EPS Next 3Y2.91%
21.83
-0.09 (-0.41%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners26.39%
Inst Owner Change12.81%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap21.63B
Revenue(TTM)147.37T
Net Income(TTM)21.76T
Analysts81.67
Price Target22.37 (2.47%)
Short Float %0.7%
Short Ratio5.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.85% |
Yearly Dividend1.07
Dividend Growth(5Y)1.73%
DP96.73%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-12.49%
Min EPS beat(2)-13.55%
Max EPS beat(2)-11.44%
EPS beat(4)2
Avg EPS beat(4)-4.55%
Min EPS beat(4)-13.55%
Max EPS beat(4)4.43%
EPS beat(8)2
Avg EPS beat(8)-10.23%
EPS beat(12)3
Avg EPS beat(12)-11%
EPS beat(16)3
Avg EPS beat(16)-12.61%
Revenue beat(2)0
Avg Revenue beat(2)-5.83%
Min Revenue beat(2)-6.03%
Max Revenue beat(2)-5.63%
Revenue beat(4)0
Avg Revenue beat(4)-5.25%
Min Revenue beat(4)-6.03%
Max Revenue beat(4)-4.35%
Revenue beat(8)0
Avg Revenue beat(8)-5.38%
Revenue beat(12)0
Avg Revenue beat(12)-5.73%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)6.97%
PT rev (3m)10.63%
EPS NQ rev (1m)-0.35%
EPS NQ rev (3m)-0.6%
EPS NY rev (1m)-1.95%
EPS NY rev (3m)-4.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.7%
Revenue NY rev (1m)-0.41%
Revenue NY rev (3m)-1.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.54 | ||
| Fwd PE | 14.85 | ||
| P/S | 2.45 | ||
| P/FCF | 10.09 | ||
| P/OCF | 5.53 | ||
| P/B | 2.63 | ||
| P/tB | 2.82 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.32
EY6.05%
EPS(NY)1.47
Fwd EY6.73%
FCF(TTM)2.16
FCFY9.91%
OCF(TTM)3.95
OCFY18.1%
SpS8.92
BVpS8.3
TBVpS7.74
PEG (NY)N/A
PEG (5Y)3.41
Graham Number15.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.45% | ||
| ROE | 15.87% | ||
| ROCE | 18.09% | ||
| ROIC | 13.76% | ||
| ROICexc | 16.17% | ||
| ROICexgc | 17% | ||
| OM | 26.54% | ||
| PM (TTM) | 14.76% | ||
| GM | 66.72% | ||
| FCFM | 24.24% |
ROA(3y)8%
ROA(5y)8.27%
ROE(3y)16.93%
ROE(5y)18.29%
ROIC(3y)15.68%
ROIC(5y)16.3%
ROICexc(3y)18.4%
ROICexc(5y)19.71%
ROICexgc(3y)19.29%
ROICexgc(5y)20.65%
ROCE(3y)20.82%
ROCE(5y)21.63%
ROICexgc growth 3Y-4.94%
ROICexgc growth 5Y-4.99%
ROICexc growth 3Y-5.1%
ROICexc growth 5Y-5.09%
OM growth 3Y-2.59%
OM growth 5Y-1.91%
PM growth 3Y-3.02%
PM growth 5Y2.75%
GM growth 3Y-0.88%
GM growth 5Y0.85%
F-Score5
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 2.17 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 20.03% | ||
| Interest Coverage | -7.12 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 164.2% | ||
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 2.85 |
F-Score5
WACC5.75%
ROIC/WACC2.39
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)23.42%
Cap/Sales(5y)22.53%
Profit Quality(3y)133.95%
Profit Quality(5y)145.96%
High Growth Momentum
Growth
EPS 1Y (TTM)-4.3%
EPS 3Y-1.52%
EPS 5Y4.85%
EPS Q2Q%-18.69%
EPS Next Y-4.1%
EPS Next 2Y1.32%
EPS Next 3Y2.91%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.89%
Revenue growth 3Y1.55%
Revenue growth 5Y2.04%
Sales Q2Q%-0.85%
Revenue Next Year-1.84%
Revenue Next 2Y0.57%
Revenue Next 3Y1.29%
Revenue Next 5YN/A
EBIT growth 1Y-8.86%
EBIT growth 3Y-1.08%
EBIT growth 5Y0.09%
EBIT Next Year72.17%
EBIT Next 3Y22.63%
EBIT Next 5YN/A
FCF growth 1Y16.58%
FCF growth 3Y-6.16%
FCF growth 5Y10.11%
OCF growth 1Y-0.02%
OCF growth 3Y-3.41%
OCF growth 5Y2.31%
TELKOM INDONESIA PERSERO-ADR / TLK FAQ
What is the ChartMill fundamental rating of TELKOM INDONESIA PERSERO-ADR (TLK) stock?
ChartMill assigns a fundamental rating of 5 / 10 to TLK.
What is the valuation status for TLK stock?
ChartMill assigns a valuation rating of 4 / 10 to TELKOM INDONESIA PERSERO-ADR (TLK). This can be considered as Fairly Valued.
Can you provide the profitability details for TELKOM INDONESIA PERSERO-ADR?
TELKOM INDONESIA PERSERO-ADR (TLK) has a profitability rating of 8 / 10.
What are the PE and PB ratios of TELKOM INDONESIA PERSERO-ADR (TLK) stock?
The Price/Earnings (PE) ratio for TELKOM INDONESIA PERSERO-ADR (TLK) is 16.54 and the Price/Book (PB) ratio is 2.63.
Can you provide the expected EPS growth for TLK stock?
The Earnings per Share (EPS) of TELKOM INDONESIA PERSERO-ADR (TLK) is expected to decline by -4.1% in the next year.