TELKOM INDONESIA PERSERO-ADR (TLK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TLK - US7156841063 - ADR
21.21 USD
+0.12 (+0.57%)
21.21 USD
0 (0%)
TLK gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 38 industry peers in the Diversified Telecommunication Services industry. TLK has an excellent profitability rating, 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
TLK had positive earnings in the past year.
TLK had a positive operating cash flow in the past year.
Each year in the past 5 years TLK has been profitable.
TLK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of TLK (7.45%) is better than 86.84% of its industry peers.
The Return On Equity of TLK (15.87%) is better than 76.32% of its industry peers.
The Return On Invested Capital of TLK (13.76%) is better than 94.74% of its industry peers.
TLK had an Average Return On Invested Capital over the past 3 years of 15.68%. This is significantly above the industry average of 6.54%.
| 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
The Profit Margin of TLK (14.76%) is better than 81.58% of its industry peers.
In the last couple of years the Profit Margin of TLK has grown nicely.
TLK has a better Operating Margin (26.54%) than 92.11% of its industry peers.
TLK's Operating Margin has declined in the last couple of years.
TLK has a Gross Margin of 66.72%. This is amongst the best in the industry. TLK outperforms 81.58% of its industry peers.
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.
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.
The debt/assets ratio for TLK is higher compared to a year ago.
2.2 Solvency
TLK has an Altman-Z score of 2.81. 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 2.81. This is amongst the best in the industry. TLK outperforms 86.84% of its industry peers.
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.
TLK's Debt to FCF ratio of 2.17 is amongst the best of the industry. TLK outperforms 92.11% of its industry peers.
TLK has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
TLK has a better Debt to Equity ratio (0.37) than 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 2.17 | ||
| Altman-Z | 2.81 |
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.
TLK has a Current ratio of 0.77. This is amonst the worse of the industry: TLK underperforms 81.58% of its industry peers.
A Quick Ratio of 0.76 indicates that TLK may have some problems paying its short term obligations.
With a Quick ratio value of 0.76, TLK is not doing good in the industry: 78.95% of the companies in the same industry are doing better.
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%.
Measured over the past 5 years, TLK shows a small growth in Earnings Per Share. The EPS has been growing by 4.85% on average per year.
TLK shows a decrease in Revenue. In the last year, the revenue decreased by -1.89%.
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 2.91% on average per year.
Based on estimates for the next years, TLK will show a small growth in Revenue. The Revenue will grow by 1.29% on average per year.
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
The Price/Earnings ratio is 16.19, which indicates a correct valuation of TLK.
Based on the Price/Earnings ratio, TLK is valued a bit cheaper than the industry average as 73.68% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of TLK to the average of the S&P500 Index (26.59), we can say TLK is valued slightly cheaper.
With a Price/Forward Earnings ratio of 14.49, TLK is valued correctly.
TLK's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. TLK is cheaper than 73.68% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of TLK to the average of the S&P500 Index (24.03), we can say TLK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.19 | ||
| Fwd PE | 14.49 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TLK indicates a somewhat cheap valuation: TLK is cheaper than 60.53% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.85 | ||
| 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)3.34
EPS Next 2Y1.32%
EPS Next 3Y2.91%
5. Dividend
5.1 Amount
TLK has a Yearly Dividend Yield of 6.14%, which is a nice return.
TLK's Dividend Yield is rather good when compared to the industry average which is at 2.30. TLK pays more dividend than 86.84% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.88, TLK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.14% |
5.2 History
The dividend of TLK has a limited annual growth rate of 1.73%.
TLK has paid a dividend for at least 10 years, which is 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
TLK pays out 96.73% of its income as dividend. This is not a sustainable payout ratio.
The dividend of TLK is growing, but earnings are growing more, so the dividend growth is sustainable.
DP96.73%
EPS Next 2Y1.32%
EPS Next 3Y2.91%
21.21
+0.12 (+0.57%)
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 Cap21.01B
Revenue(TTM)147.37T
Net Income(TTM)21.76T
Analysts81.67
Price TargetN/A
Short Float %0.79%
Short Ratio6.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.14% |
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)6.01%
PT rev (3m)14.99%
EPS NQ rev (1m)0%
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)-0.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.19 | ||
| Fwd PE | 14.49 | ||
| P/S | 2.39 | ||
| P/FCF | 9.85 | ||
| P/OCF | 5.39 | ||
| P/B | 2.57 | ||
| P/tB | 2.75 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.31
EY6.18%
EPS(NY)1.46
Fwd EY6.9%
FCF(TTM)2.15
FCFY10.15%
OCF(TTM)3.93
OCFY18.54%
SpS8.88
BVpS8.27
TBVpS7.71
PEG (NY)N/A
PEG (5Y)3.34
Graham Number15.61
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 | 2.81 |
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 6 / 10 to TLK.
What is the valuation status for TLK stock?
ChartMill assigns a valuation rating of 5 / 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 16.19 and the Price/Book (PB) ratio is 2.57.
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.