Telkom Indonesia

TLK

Market cap $16.2B

Bloomberg's 2026 Dividend Focus list highlights 16 'safer' stocks with free cash flow yields exceeding dividend yields, signaling attractive risk-adjusted income opportunities. PT Telekom, Continental, and KION Group stand out as 'IDEAL' dividend stocks, with dividends from $1,000 invested surpassing single share prices. Analyst forecasts suggest the top ten yielders could deliver average net gains of 25% by May 2027, with PT Telecom projected to lead at 46.94%.

JAKARTA, Indonesia, May 15, 2026 /PRNewswire/ -- As required by Section 203.01 of the New York Stock Exchange Listed Company Manual, Telkom Indonesia (IDX: TLKM) (NYSE: TLK) confirms that it has filed its annual report on Form 20-F for the year 2025 with the U.S. Securities and Exchange Commission. Telkom Indonesia's 20-F report is available on its website at www.telkom.co.id (http://www.telkom.co.id/) as well as through the SEC website at www.sec.gov (http://www.sec.gov/).

My updated rating for Telekomunikasi Indonesia is a "Hold" (versus a "Buy" previously), considering poor financial prospects and solid corporate restructuring efforts. FY2025 results missed expectations, with EPS down 24.7%; its FY26 revenue growth outlook was below consensus, while its EBITDA margin guidance implies limited improvement. But TLK is making strong progress on portfolio rationalization, and 5G transition risks are easing.

Investors interested in stocks from the Diversified Communication Services sector have probably already heard of Telefonica (TELFY) and PT Telekomunikasi (TLK). But which of these two stocks is more attractive to value investors?

Telkom Indonesia is rated a buy, trading at an attractive valuation with a solid ~6% yield and strong long-term tailwinds. TLK's strategic pivot includes spinning off assets, optimizing its portfolio, and expanding aggressively into data centers for future growth. Despite a slight revenue contraction, TLK maintains a robust EBITDA margin of ~50% and disciplined CAPEX, supporting healthy free cash flow and dividends.

Bloomberg's 2026 Dividend Focus list highlights 16 'safer' stocks with free cash flow yields exceeding dividend yields, signaling strong dividend sustainability. Top projected net gains for 2026 include PT Telekom at 70.36%, with average net gain estimates of 28.13% across the top ten dividend-focused stocks. Five 'IDEAL' stocks—Continental, Aviva, PT Telekom, Danske Bank, and Western Midstream—offer dividends from $1,000 invested that exceed their single share price.

Investors looking for stocks in the Diversified Communication Services sector might want to consider either Deutsche Telekom AG (DTEGY) or PT Telekomunikasi (TLK). But which of these two stocks offers value investors a better bang for their buck right now?

Investors with an interest in Diversified Communication Services stocks have likely encountered both PT Telekomunikasi (TLK) and Chunghwa (CHT). But which of these two stocks presents investors with the better value opportunity right now?

Bloomberg's 2026 Dividend Focus list highlights 14 ‘safer' stocks with free cash flow yields exceeding dividend yields, signaling potential buy opportunities. Top projected net gainers for 2026 include Marvell Technology (MRVL), Nike (NKE), and PT Telekom Indonesia (TLK), with analyst-estimated gains up to 37.98%. Four ‘IDEAL' stocks—Aviva, Sodexo, Danske Bank, and Western Midstream—offer dividends from $1,000 invested greater than their share price, meeting the dogcatcher ‘watch to buy' threshold.

I maintain my "Buy" rating on Telekomunikasi Indonesia, after analyzing its corporate disclosures at recent events. TLK is making tweaks to its wireless segment's products, which should have a positive impact on the company's 2H25 results. It is also seeking to focus more on its core operations and unlock the value of its infrastructure assets.