TELKOM INDONESIA PERSERO-ADR (TLK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TLK - US7156841063 - ADR
21.98 USD
+0.43 (+2%)
We assign a fundamental rating of 5 out of 10 to TLK. TLK was compared to 37 industry peers in the Diversified Telecommunication Services industry. While TLK has a great profitability rating, there are some minor concerns on its financial health. TLK has a valuation in line with the averages, but on the other hand it scores bad on growth.
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
Looking at the Return On Assets, with a value of 7.45%, TLK belongs to the top of the industry, outperforming 89.19% of the companies in the same industry.
Looking at the Return On Equity, with a value of 15.87%, TLK is in the better half of the industry, outperforming 75.68% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 13.76%, TLK belongs to the top of the industry, outperforming 94.59% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TLK is significantly above the industry average of 6.50%.
| 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
TLK has a better Profit Margin (14.76%) than 81.08% of its industry peers.
In the last couple of years the Profit Margin of TLK has grown nicely.
TLK's Operating Margin of 26.54% is amongst the best of the industry. TLK outperforms 91.89% of its industry peers.
In the last couple of years the Operating Margin of TLK has declined.
With an excellent Gross Margin value of 66.72%, TLK belongs to the best of the industry, outperforming 81.08% 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
TLK has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for TLK remains at a similar level compared to 1 year ago.
Compared to 5 years ago, TLK has about the same amount of shares outstanding.
TLK has a worse debt/assets ratio than last year.
2.2 Solvency
TLK has an Altman-Z score of 2.83. This is not the best score and indicates that TLK is in the grey zone with still only limited risk for bankruptcy at the moment.
TLK has a Altman-Z score of 2.83. This is amongst the best in the industry. TLK outperforms 86.49% of its industry peers.
The Debt to FCF ratio of TLK is 2.17, which is a good value as it means it would take TLK, 2.17 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TLK (2.17) is better than 91.89% of its industry peers.
A Debt/Equity ratio of 0.37 indicates that TLK is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.37, TLK belongs to the top of the industry, outperforming 83.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 2.17 | ||
| Altman-Z | 2.83 |
ROIC/WACC2.39
WACC5.75%
2.3 Liquidity
TLK has a Current Ratio of 0.77. This is a bad value and indicates that TLK is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of TLK (0.77) is worse than 78.38% of its industry peers.
TLK has a Quick Ratio of 0.77. This is a bad value and indicates that TLK is not financially healthy enough and could expect problems in meeting its short term obligations.
TLK has a Quick ratio of 0.76. This is in the lower half of the industry: TLK underperforms 78.38% 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
TLK shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.30%.
The Earnings Per Share has been growing slightly by 4.85% on average over the past years.
The Revenue has decreased by -1.89% in the past year.
The Revenue has been growing slightly by 2.04% on average over the past years.
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
Based on estimates for the next years, TLK will show a small growth in Earnings Per Share. The EPS will grow by 3.40% on average per year.
TLK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.42% yearly.
EPS Next Y-2.19%
EPS Next 2Y1.89%
EPS Next 3Y3.4%
EPS Next 5YN/A
Revenue Next Year-1.43%
Revenue Next 2Y0.79%
Revenue Next 3Y1.42%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.65 indicates a correct valuation of TLK.
Compared to the rest of the industry, the Price/Earnings ratio of TLK indicates a somewhat cheap valuation: TLK is cheaper than 72.97% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.31. TLK is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 14.78, the valuation of TLK can be described as correct.
Based on the Price/Forward Earnings ratio, TLK is valued a bit cheaper than 72.97% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of TLK to the average of the S&P500 Index (36.56), we can say TLK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.65 | ||
| Fwd PE | 14.78 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TLK is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.15 | ||
| 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)3.43
EPS Next 2Y1.89%
EPS Next 3Y3.4%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.95%, TLK is a good candidate for dividend investing.
TLK's Dividend Yield is rather good when compared to the industry average which is at 5.67. TLK pays more dividend than 83.78% of the companies in the same industry.
TLK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.95% |
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 2Y1.89%
EPS Next 3Y3.4%
NYSE:TLK (12/1/2025, 11:14:09 AM)
21.98
+0.43 (+2%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners25.6%
Inst Owner Change12.81%
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap21.77B
Revenue(TTM)147.37T
Net Income(TTM)21.76T
Analysts80
Price Target21.41 (-2.59%)
Short Float %0.79%
Short Ratio6.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.95% |
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)2.39%
PT rev (3m)5.89%
EPS NQ rev (1m)1.44%
EPS NQ rev (3m)-0.6%
EPS NY rev (1m)-1.15%
EPS NY rev (3m)-2.44%
Revenue NQ rev (1m)-2.7%
Revenue NQ rev (3m)-2.7%
Revenue NY rev (1m)-0.26%
Revenue NY rev (3m)-0.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.65 | ||
| Fwd PE | 14.78 | ||
| P/S | 2.46 | ||
| P/FCF | 10.15 | ||
| P/OCF | 5.56 | ||
| P/B | 2.65 | ||
| P/tB | 2.84 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.32
EY6.01%
EPS(NY)1.49
Fwd EY6.77%
FCF(TTM)2.16
FCFY9.85%
OCF(TTM)3.95
OCFY17.99%
SpS8.93
BVpS8.31
TBVpS7.75
PEG (NY)N/A
PEG (5Y)3.43
Graham Number15.71
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 | 2.83 |
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-2.19%
EPS Next 2Y1.89%
EPS Next 3Y3.4%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.89%
Revenue growth 3Y1.55%
Revenue growth 5Y2.04%
Sales Q2Q%-0.85%
Revenue Next Year-1.43%
Revenue Next 2Y0.79%
Revenue Next 3Y1.42%
Revenue Next 5YN/A
EBIT growth 1Y-8.86%
EBIT growth 3Y-1.08%
EBIT growth 5Y0.09%
EBIT Next Year73.68%
EBIT Next 3Y22.9%
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 16.65 and the Price/Book (PB) ratio is 2.65.
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 -2.19% in the next year.