PT Telekomunikasi Indonesia, Tb TLK

Competitive advantage analysis · communication-services

Corporate Default
Overall moat score
76/100
Strong

About PT Telekomunikasi Indonesia, Tb

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides information and communications technology, and telecommunications network services worldwide. The company operates through Mobile, Consumer, Enterprise, Wholesale and International Business, and Other segments. The Mobile segment offers mobile voice, SMS, mobile broadband, and value added services. The Consumer segment provides fixed wireline, pay TV, and internet services; and other telecommunication services to … Full TLK analysis →

Competitive advantage assessment

Key strengths

  • Margins Stable Across Cycles Operating margin volatility is low (stability score 0.70), demonstrating pricing resilience across cycles.
  • ROIC Sustainably Above Peers ROIC at 87.7th percentile exceeds peers and WACC, demonstrating superior capital allocation.

Key risks

  • Liquidity Concerns Liquidity is concerning (score 0.26), raising questions about short-term obligations.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
75

Where TLK ranks in Telecom Services

PT Telekomunikasi Indonesia, Tb ranks #2 of 56 scored companies in Telecom Services by moat score — the top 4%. The widest moat in the group is Iridium Communications Inc (IRDM) at 76/100.

Moat scores for companies ranked near TLK in Telecom Services
# Company Moat score Rating
1 Iridium Communications Inc IRDM 76/100 Strong
2 PT Telekomunikasi Indonesia, Tb TLK 76/100 Strong
3 PLDT Inc. Sponsored PHI 75/100 Moderate
4 Millicom International Cellular TIGO 75/100 Moderate
5 Chunghwa Telecom Co., Ltd. CHT 74/100 Moderate
6 TIM S.A. TIMB 73/100 Moderate
7 IHS Holding Limited IHS 71/100 Moderate
8 BCE, Inc. BCE 71/100 Moderate
9 Comcast Corporation CMCSA 71/100 Moderate

See every General Corporate company ranked by moat score →

How TLK scores on the Corporate Default defenses

Pricing Power

Score 75 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 86 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 87 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 79 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 67 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 60 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding TLK's moat

What is PT Telekomunikasi Indonesia, Tb's moat score?

PT Telekomunikasi Indonesia, Tb (TLK) scores 76 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as strong. It ranks #2 of 56 scored companies in Telecom Services, the top 4%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 59 companies in Telecom Services. Its strongest defense is Customer Stickiness (87/100) and its weakest is Scale & Market Position (60/100).

How does PT Telekomunikasi Indonesia, Tb compare with other Telecom Services companies?

PT Telekomunikasi Indonesia, Tb ranks #2 of 56 scored companies in Telecom Services by moat score. The widest moat in Telecom Services is Iridium Communications Inc (IRDM) at 76/100. The companies ranked closest are Iridium Communications Inc (IRDM) at 76 just above it and PLDT Inc. Sponsored (PHI) at 75 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 59 companies in Telecom Services. The defenses are then weighted to produce the overall score out of 100.

Why is PT Telekomunikasi Indonesia, Tb scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for PT Telekomunikasi Indonesia, Tb?

The Corporate Default template measures 6 defenses, and TLK scores: Pricing Power (75), Cost Advantage (86), Customer Stickiness (87), Capital Efficiency (79), Resilience (67), Scale & Market Position (60). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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