PT Telkom Indonesia (Persero) Tbk (FRA:TCID) Debt-to-Equity: 0.68 (As of Jun. 2026) — 26% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:TCID PT Telkom Indonesia (Persero) Tbk FRA:TCID
81 GF Score
Price €0.12
GF Value €0.14
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PT Telkom Indonesia (Persero) Tbk Debt-to-Equity?

PT Telkom Indonesia (Persero) Tbk FRA:TCID 81 Debt-to-Equity is 0.68 as of Jun. 2026, which is 26% above its 10-year median of 0.54. GuruFocus rates FRA:TCID with a GF Score™ of 81/100 and a GF Value™ of €0.14 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 325 Telecommunication Services companies, PT Telkom Indonesia (Persero) Tbk ranks worse than 52.92% on this metric.

PT Telkom Indonesia (Persero) Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €1,693 Mil. PT Telkom Indonesia (Persero) Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €2,225 Mil. PT Telkom Indonesia (Persero) Tbk's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €5,733 Mil. PT Telkom Indonesia (Persero) Tbk's debt to equity for the quarter that ended in Jun. 2026 was 0.68.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for PT Telkom Indonesia (Persero) Tbk's Debt-to-Equity or its related term are showing as below:

FRA:TCID' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35   Med: 0.54   Max: 0.8
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of PT Telkom Indonesia (Persero) Tbk was 0.80. The lowest was 0.35. And the median was 0.54.

FRA:TCID's Debt-to-Equity is ranked worse than
52.92% of 325 companies
in the Telecommunication Services industry
Industry Median: 0.62 vs FRA:TCID: 0.68

PT Telkom Indonesia (Persero) Tbk  (FRA:TCID) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


PT Telkom Indonesia (Persero) Tbk Debt-to-Equity Related Terms


PT Telkom Indonesia (Persero) Tbk Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for PT Telkom Indonesia (Persero) Tbk's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT Telkom Indonesia (Persero) Tbk Debt-to-Equity Chart

PT Telkom Indonesia (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.49 0.53 0.58 0.58

PT Telkom Indonesia (Persero) Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.57 0.58 0.51 0.68

FRA:TCID vs VZ, TMUS, T: Debt-to-Equity Comparison

For the Telecom Services subindustry, PT Telkom Indonesia (Persero) Tbk's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Telkom Indonesia (Persero) Tbk Debt-to-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Telkom Indonesia (Persero) Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Telkom Indonesia (Persero) Tbk's Debt-to-Equity falls into.


FRA:TCID
81GF Score
PT Telkom Indonesia (Persero) Tbk FRA:TCID
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Telkom Indonesia (Persero) Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Telkom Indonesia (Persero) Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

PT Telkom Indonesia (Persero) Tbk's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.68 mean?
PT Telkom Indonesia (Persero) Tbk (FRA:TCID) has a Debt-to-Equity of 0.68 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Telkom Indonesia (Persero) Tbk and its competitors. This is 26% above median its historical median of 0.54. Over the past decade, PT Telkom Indonesia (Persero) Tbk's Debt-to-Equity has ranged from 0.35 to 0.80. According to the industry distribution chart, PT Telkom Indonesia (Persero) Tbk ranks #172 out of 325 companies in the Telecommunication Services industry, placing it in the top 52.9%.
Is PT Telkom Indonesia (Persero) Tbk's Debt-to-Equity too high?
PT Telkom Indonesia (Persero) Tbk's current Debt-to-Equity of 0.68 is 26% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.80. The Telecommunication Services industry median Debt-to-Equity is 0.62. PT Telkom Indonesia (Persero) Tbk's value of 0.68 is 9.7% above this industry median. Based on the distribution chart, PT Telkom Indonesia (Persero) Tbk ranks #172 out of 325 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, PT Telkom Indonesia (Persero) Tbk has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Telkom Indonesia (Persero) Tbk's Debt-to-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, PT Telkom Indonesia (Persero) Tbk ranks #172 out of 325 companies for Debt-to-Equity. This places PT Telkom Indonesia (Persero) Tbk in the lower half of its industry. The industry median Debt-to-Equity is 0.62. PT Telkom Indonesia (Persero) Tbk's value of 0.68 is 9.7% above this benchmark. Historically, PT Telkom Indonesia (Persero) Tbk's own Debt-to-Equity has ranged from 0.35 to 0.80 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.62, PT Telkom Indonesia (Persero) Tbk has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Telecommunication Services company?
The median Debt-to-Equity among Telecommunication Services companies is 0.62, based on 325 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Telkom Indonesia (Persero) Tbk's current Debt-to-Equity of 0.68 is 9.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Telkom Indonesia (Persero) Tbk and its competitors. For the Telecommunication Services industry, the median Debt-to-Equity is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Telkom Indonesia (Persero) Tbk's current Debt-to-Equity is 0.68, which is 26% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Telkom Indonesia (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Telkom Indonesia (Persero) Tbk (FRA:TCID) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.14, compared to a current price of €0.12 — trading 16.4% below its estimated fair value. The current Debt-to-Equity is 0.68, which is 26% above median its 10-year median of 0.54 and 9.7% above the Telecommunication Services industry median of 0.62. PT Telkom Indonesia (Persero) Tbk's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For PT Telkom Indonesia (Persero) Tbk (FRA:TCID), the current Debt-to-Equity is 0.68 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Telkom Indonesia (Persero) Tbk (FRA:TCID) Overvalued in 2026?

Based on GuruFocus' analysis, PT Telkom Indonesia (Persero) Tbk stock appears to be undervalued. The current stock price of €0.12 is trading 16.4% below its estimated GF Value™ of €0.14. GuruFocus considers PT Telkom Indonesia (Persero) Tbk to be Modestly Undervalued.

Key valuation signals for FRA:TCID:

  • Debt-to-Equity: 0.68 (26% above median its 10-year median of 0.54)
  • GF Value™: €0.14 vs. price of €0.12 (16.4% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 9.7% above the Telecommunication Services median (#172 of 325)

No single metric tells the full story. See the FRA:TCID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Telkom Indonesia (Persero) Tbk Business Description

Address Jalan Japati No. 1, West Java, Bandung, IDN, 40133
PT Telkom Indonesia (Persero) Tbk is the integrated telecommunications provider in Indonesia. It also provides a wide range of other communication services, including telephone network, interconnection services, multimedia, data and internet communication-related services, satellite transponder leasing, leased line, intelligent network and related services, cable television, and VoIP services. It derives revenue from product lines: Mobile, Consumer, Enterprise, WIB, and Others. The firm has identified five reportable segments, namely B2C, B2B Infra, B2B ICT, International, and Others. The firm generates the majority of its revenue from the B2C segment.
81GF Score

Get the complete analysis for FRA:TCID

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.12
Price
€0.14
GF Value