Telkom Indonesia (Persero) Tbk PT (NYSE: TLK) is Indonesia’s largest telecommunications company. As a state-owned enterprise, it provides a wide range of services including fixed-line, mobile, internet, and digital solutions.
Key Takeaways:
- Telkom Indonesia’s stock price is expected to show steady growth from 2024 to 2050
- The company’s strong market position in Indonesia’s telecom sector supports positive forecasts
- Technological advancements and expanding digital services could drive future value
- Long-term investors may find TLK an attractive option for portfolio growth
- Our analysis predicts a significant increase in TLK’s stock price by 2050
Overview of Telkom Indonesia (Persero) Tbk PT
Telkom Indonesia’s roots trace back to 1856 when the Dutch colonial government established Indonesia’s first electromagnetic telegraph service.
In 1965, PN Telekomunikasi emerged as the dedicated telecommunications provider. This organization developed into Telkom Indonesia, which underwent privatization in 1995. Today, it stands as Indonesia’s leading telecommunications company, playing a pivotal role in the nation’s digital infrastructure and technological advancement.
Telkom Indonesia (Persero) Tbk PT Company Profile
| Country | Indonesia |
| Ticker Symbol | TLKM (Indonesia Stock Exchange), TLK (NYSE) |
| Exchange | Indonesia Stock Exchange, New York Stock Exchange |
| Founded | 1856 |
| IPO Date | 1995 |
| Industry | Telecommunications |
| Sector | Communication Services |
| Employees | 23,064 |
| CEO | Ririek Adriansyah |
| Market Cap (July 26, 2024) | $19.00 billion |
| Website | telkom |
Telkom Indonesia (Persero) Tbk PT (TLK) Balance Sheet Analysis
Telkom Indonesia’s (NYSE: TLK) 2023 balance sheet reveals a robust financial position with total assets of $286.59 billion, supported by a strong equity base of $156.24 billion. This solid foundation underscores the company’s stability in the telecommunications sector.
The company’s liabilities stand at $130.36 billion, with total debt at $68.00 billion. Notably, the net debt of $18.69 billion suggests prudent cash management, although the negative working capital of $15.82 billion may indicate potential short-term liquidity challenges.
Telkom Indonesia’s tangible book value of $118.72 billion represents a significant portion of its total equity, highlighting the substantial real assets backing the company’s valuation. This metric provides investors with a clearer picture of the firm’s intrinsic value.
Overall, Telkom Indonesia’s 2023 balance sheet portrays a financially sound organization with a strong asset base and manageable debt levels. However, the company may need to address its working capital situation to ensure smoother short-term operations and financial flexibility.
Balance Sheet Data Source: finance.yahoo
Telkom Indonesia (Persero) Tbk PT Stock Price History
Telkom Indonesia (Persero) Tbk PT (NYSE: TLK) had its IPO in the year 1995. Telkom Indonesia (TLK) has undergone two stock splits: a 108:100 split in 1999 and a 2:1 split in 2016. One share purchased before 1999 would now equal 2.16 shares due to these splits.1
As of August 26, 2024, the price of TLK stock stands at $19.36.
TLK Stock Price Forecast 2024
For the remainder of 2024, we anticipate solid growth in TLK’s stock price. The company’s ongoing investments in 5G technology and digital services are expected to drive revenue growth, potentially reflecting positively on the stock price. The expanding digital economy in Indonesia provides a fertile ground for TLK’s services, which could contribute to increased investor confidence. We project a 12% increase from the current price by the end of 2024.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2024 | $14.48 | $21.48 | $25.78 |
TLK Stock Price Forecast 2025
In 2025, we expect TLK to continue its upward trend as the company capitalizes on the growing digital economy in Indonesia. The potential for increased internet penetration in rural areas could open up new markets for TLK, driving further growth. Our analysis suggests a 13% growth from the 2024 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2025 | $23.14 | $24.27 | $29.13 |
TLK Stock Price Forecast 2026
The year 2026 could see accelerated growth for TLK as 5G adoption rates increase and the company expands its digital service offerings. The potential integration of AI and machine learning into TLK’s operations could enhance efficiency and service quality, potentially boosting investor appeal. We forecast a 14% increase from the 2025 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2026 | $26.38 | $27.67 | $33.20 |
TLK Stock Price Forecast 2027
By 2027, TLK’s investments in network infrastructure and digital transformation are expected to yield significant returns, potentially driving the stock price higher. The company’s efforts in developing smart city solutions could open up new revenue streams, contributing to stock appreciation. Our projection indicates a 15% growth from the 2026 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2027 | $30.33 | $31.82 | $38.18 |
TLK Stock Price Forecast 2028
In 2028, we anticipate continued strong performance as TLK strengthens its position in the Indonesian telecom market and expands its presence in the broader Southeast Asian region. The company’s potential ventures into fintech and e-commerce could diversify its revenue sources, potentially attracting more investors. We expect a 13% increase from the 2027 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2028 | $34.28 | $35.96 | $43.15 |
TLK Stock Price Forecast 2029
The year 2029 could see TLK benefiting from increased digitalization across various sectors in Indonesia, potentially boosting demand for its services and driving stock value. The company’s possible expansion into cloud services and data centers could position it as a key player in the region’s digital infrastructure. Our analysis projects a 14% growth from the 2028 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2029 | $39.08 | $41.00 | $49.19 |
TLK Stock Price Forecast 2030
By 2030, TLK is expected to have fully leveraged its 5G network and digital services ecosystem, potentially leading to substantial revenue growth and stock appreciation. This trend is similar to what we’re seeing in other telecom infrastructure companies, as discussed in our AMT stock price prediction. The company’s focus on Internet of Things (IoT) solutions could position it as a leader in smart home and smart city technologies across Indonesia. We forecast a 15% increase from the 2029 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2030 | $44.94 | $47.15 | $56.58 |
TLK Stock Price Forecast 2031
In 2031, TLK’s stock could continue its upward trajectory as the company explores new technologies and services to meet evolving consumer demands. The potential integration of augmented reality (AR) and virtual reality (VR) into TLK’s service offerings could open up new markets in entertainment and education. Our projection indicates a 13% growth from the 2030 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2031 | $50.78 | $53.28 | $63.94 |
TLK Stock Price Forecast 2032
The year 2032 may see TLK reaping the benefits of its long-term strategic investments, potentially resulting in strong financial performance and stock price appreciation. The company’s ventures into green technology and sustainable energy solutions for its infrastructure could appeal to environmentally conscious investors. We expect a 14% increase from the 2031 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2032 | $57.89 | $60.74 | $72.89 |
TLK Stock Price Forecast 2033
By 2033, TLK could be at the forefront of new telecommunications technologies, driving innovation in the Indonesian market and potentially boosting investor confidence. The company’s possible expansion into satellite-based internet services could help it reach remote areas, significantly expanding its customer base. Our analysis suggests a 15% growth from the 2032 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2033 | $66.57 | $69.85 | $83.82 |
TLK Stock Price Forecast 2034
In 2034, TLK’s stock price might see significant appreciation as the company’s long-term strategies in digital transformation and market expansion come to fruition. TLK’s potential collaborations with global tech giants could lead to innovative products and services, further solidifying its market position. We project a 12% increase from the 2033 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2034 | $74.56 | $78.23 | $93.88 |
TLK Stock Price Forecast 2035
The year 2035 could mark a new era of growth for TLK as it potentially expands its services beyond traditional telecommunications into emerging tech sectors. This diversification strategy is reminiscent of other industry players, as explored in our Crown Castle stock forecast. The company’s investments in quantum computing research could position it at the cutting edge of next-generation communication technologies. Our forecast indicates a 13% growth from the 2034 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2035 | $84.25 | $88.40 | $106.08 |
TLK Stock Price Forecast 2036
By 2036, TLK might be leveraging advanced technologies like AI and IoT on a large scale, potentially driving substantial revenue growth and stock appreciation. The company’s potential development of autonomous network management systems could significantly reduce operational costs and improve service quality. We expect a 14% increase from the 2035 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2036 | $96.05 | $100.78 | $120.94 |
TLK Stock Price Forecast 2037
In 2037, TLK’s stock could continue its strong performance as the company potentially becomes a key player in shaping Indonesia’s digital future. TLK’s possible ventures into brain-computer interfaces and neuro-communication technologies could open up entirely new markets. Our analysis projects a 15% growth from the 2036 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2037 | $110.45 | $115.90 | $139.08 |
TLK Stock Price Forecast 2038
The year 2038 might see TLK’s stock reaching new heights as the company potentially expands its influence across Southeast Asia and beyond. The integration of AI-driven predictive maintenance for network infrastructure could lead to unprecedented reliability and customer satisfaction. We forecast a 13% increase from the 2037 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2038 | $124.81 | $130.97 | $157.16 |
TLK Stock Price Forecast 2039
By 2039, TLK could be at the forefront of next-generation telecommunications technologies, potentially driving significant value for shareholders. The company’s possible development of holographic communication systems could revolutionize long-distance interactions, opening up new revenue streams. Our projection indicates a 14% growth from the 2038 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2039 | $142.29 | $149.31 | $179.17 |
TLK Stock Price Forecast 2040
In 2040, TLK’s stock price might reflect the company’s potential status as a global telecommunications leader, with a strong presence across multiple markets. This evolution into a global tech player is comparable to trends we’ve analyzed in our Cisco outlook. TLK’s investments in space-based communication technologies could position it as a pioneer in providing global, high-speed internet coverage. We expect a 15% increase from the 2039 average price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2040 | $163.63 | $171.71 | $206.05 |
TLK Stock Price Forecast 2050
By 2050, TLK could have transformed into a diversified technology conglomerate, potentially resulting in substantial stock price appreciation. The company’s long-term strategies in areas such as quantum computing, advanced AI, and possibly even space-based communications could position it as a global tech leader. These cutting-edge technologies might open up entirely new markets and revenue streams for TLK.
Our long-term forecast projects significant growth, with the stock price potentially reaching $1800 by 2050, representing a 15% increase from the previous year.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2050 | $1710.00 | $1800.00 | $2160.00 |
Conclusion
Our analysis of Telkom Indonesia’s (NYSE: TLK) stock price forecast from 2024 to 2050 paints a picture of robust and sustained growth. We project the stock to reach an average price of $1800 by 2050, representing a remarkable increase over the 26-year period.
This growth is underpinned by several factors:
- TLK’s strong market position in Indonesia’s telecommunications sector
- The company’s ongoing investments in advanced technologies like 5G and digital services
- Potential expansion into new markets and service areas
- The overall growth of the digital economy in Indonesia and Southeast Asia
FAQs
1. What is the future of TLK share price?
According to the forecast provided, TLK’s share price is expected to show consistent growth over the coming years. The projections indicate steady increases from 2024 to 2040, with annual growth rates ranging from 12% to 15%. By 2040, the average price is forecast to reach $171.71, with a high estimate of $206.05. The long-term outlook extends to 2050, projecting an average price of $1800.00.
2. What is the TLK share prediction for 2030?
The forecast for TLK’s stock price in 2030 is as follows:
- Low Price: $44.94
- Average Price: $47.15
- High Price: $56.58
This represents a projected 15% increase from the 2029 average price. The prediction suggests strong growth potential for TLK by 2030. Factors contributing to this outlook include the company’s expected full leveraging of its 5G network and digital services ecosystem.
3. What is the TLK 10 year outlook?
Based on the provided forecast, the 10-year outlook for TLK (from 2024 to 2034) shows consistent growth:
- 2024 Average Price: $21.48
- 2034 Average Price: $78.23
This represents a significant increase over the decade, with the average price more than tripling. The forecast suggests that factors such as 5G technology investments, expansion of digital services, and potential ventures into new technologies like AR, VR, and satellite-based internet services could drive this growth.
4. Is TLK a buy, hold, or sell?
TLK could be considered a “buy” for long-term investors with a high risk tolerance. The company’s investments in 5G, digital services, IoT, and potential expansions into areas like cloud services, AR/VR, and satellite internet suggest a forward-thinking approach. TLK is projected to venture into fintech, e-commerce, and even quantum computing research, potentially reducing reliance on traditional telecom services.
5. Who are the major competitors of TLK?
The major competitors of Telkom Indonesia (Persero) Tbk PT (NYSE: TLK) include:
- Verizon Communications Inc. (NYSE: VZ): A major U.S.-based telecommunications company offering a wide range of wireless and wireline communications services.
- AT&T Inc. (NYSE: T): One of the largest telecommunications companies in the U.S., providing mobile and fixed-line services, as well as entertainment and media services.
- T-Mobile US, Inc. (NASDAQ: TMUS): A leading wireless carrier in the U.S., offering mobile services, which compete with Telkom Indonesia’s wireless services on a global scale.
- Comcast Corporation (NASDAQ: CMCSA): A large telecommunications and media conglomerate, offering broadband, cable, and mobile services, competing in the broader telecommunications space.
- Charter Communications, Inc. (NASDAQ: CHTR): A major broadband connectivity company and cable operator in the U.S., providing internet, television, and voice services.
- CenturyLink, Inc. (now Lumen Technologies, Inc.) (NYSE: LUMN): A global telecommunications company offering a variety of services including fiber networks and cloud services, with competition in the enterprise and broadband sectors.
- Cisco Systems, Inc. (NASDAQ: CSCO): While primarily a technology company, Cisco competes in the telecommunications infrastructure space, providing networking solutions that are vital to telecom operators like Telkom Indonesia.
- American Tower Corporation (NYSE: AMT): A real estate investment trust and provider of wireless communications infrastructure, indirectly competing by offering essential services to telecom operators.
- Crown Castle International Corp. (NYSE: CCI): Another key player in the communications infrastructure sector, providing cell towers and fiber networks that are crucial to telecom companies.
- Frontier Communications Parent, Inc. (NASDAQ: FYBR): A provider of broadband and telecommunications services in the U.S., competing in the wireline segment.
These companies are significant players in the U.S. telecommunications market and represent direct or indirect competition with Telkom Indonesia’s various business segments.
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
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