Telkom Indonesia (Persero) Tbk PT ADR Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
8.5%projected annual EPS growth
Analyst Coverage
1analyst covering
FY EPS (est.)
$0.00next fiscal year
Monitoring Framework
Key Performance Indicators
Mobile Subscribers (Telkomsel) Quarterly159.4MTarget: Stabilization and high-value customer focus
Mobile Average Revenue Per User (ARPU) Quarterly42.4KTarget: ARPU recovery through starter pack rationalization and product simplification
IndiHome B2C Subscribers Quarterly11MTarget: Expansion of fixed broadband footprint
Consolidated EBITDA Margin Quarterly49.8%Target: c. 50%
Watch Items
- SEC and DOJ Investigation on Revenue Recognition and Internal ControlsTrigger: Formal regulatory findings, penalties, or material restatements of historical financialsAction: Re-evaluate governance risk premium, adjust cost of equity, and review internal control remediation progress
- Fiber Asset Restatement and Useful Life AdjustmentsTrigger: Higher-than-expected recurring depreciation and amortization charges or impairment lossesAction: Recalculate net income projections and assess impact on dividend payout capacity
- InfraNexia Value Unlocking and PLN Icon Plus ConsolidationTrigger: Completion of PLN Icon Plus asset injection or sale of 20-30% stake in InfraNexia at 9-12x EV/EBITDAAction: Update sum-of-the-parts (SOTP) valuation model and adjust target price
Research as of 2 Sep 2026