TLK
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
TLK offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
VZ
Verizon Communications Inc.
VZ has the edge over TLK overall, supported by lower modeled downside.
TLK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Strong | |
| Strong |
TLK's revenue, profitability, cash flow and balance sheet are all currently healthy.
VZ Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Under pressure |
VZ's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is under pressure.
TLK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 9.5x | $11.49 | — |
| Cheap | 12x | $14.58 | +27% |
| Fair | 15x | $18.56 | +62% |
| Expensive | 17x | $20.71 | +80% |
Historical ranges are pointers, not guarantees.
TLK has the edge over VZ in the historical PE scenario, which offers more potential upside but is not a forecast.
VZ PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.3x | $32.43 | -30% |
| Forward | 9x | $46.55 | — |
| Fair | 11x | $43.63 | -6.3% |
| Current | 12x | $46.55 | — |
| Expensive | 14x | $56.75 | +22% |
Historical ranges are pointers, not guarantees.
VZ's PE is in its fair range at 12x. If earnings grow as analysts expect, today's price would be 9.0x next year's earnings, in its cheap range.
TLK Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Decline | |
| Stable | |
| Weakening | |
| Limited | |
| High |
Analysts expect TLK's earnings and profitability to decline, with its revenue holding steady.
VZ Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
VZ has the edge over TLK on the outlook, with more favorable earnings and profitability expectations.
TLK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $1.21 | -4.7% |
| Q1 2026 | $0.90 | -31% |
| Q4 2025 | $0.99 | -24% |
| Q3 2025 | $1.21 | -4% |
| Q2 2025 | $1.27 | -3.1% |
| Q1 2025 | $1.30 | -3% |
| Q4 2024 | $1.31 | -3.7% |
| Q3 2024 | $1.26 | -3.8% |
TLK's earnings per share have fallen from their peak: $1.21 over the past year, against $1.70 in mid-2022.
VZ Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.19 | +32% |
| Q3 2026 | $3.93 | -16% |
| Q2 2026 | $3.85 | -10% |
| Q1 2026 | $4.11 | -2.1% |
| Q4 2025 | $4.06 | -1.9% |
| Q3 2025 | $4.68 | +103% |
| Q2 2025 | $4.29 | +61% |
| Q1 2025 | $4.20 | +57% |
| Q4 2024 | $4.14 | +51% |
VZ has the edge over TLK on earnings, with more consistent year-over-year improvement.
TLK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.2B | +109% |
| Q1 2026 | $2B | +1.5% |
| Q4 2025 | $2B | -1.7% |
| Q3 2025 | $2B | -0.9% |
| Q2 2025 | $2B | -4% |
| Q1 2025 | $2B | -2.1% |
| Q4 2024 | $2.1B | -0.6% |
| Q3 2024 | $2B | -2.2% |
TLK's revenue has picked up after four years of holding roughly level: $4.2B last quarter, up 109% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 27% | +0.7 points |
| Q1 2026 | 25% | -4 points |
| Q4 2025 | 13% | -15 points |
| Q3 2025 | 25% | -4 points |
| Q2 2025 | 26% | -2.2 points |
| Q1 2025 | 29% | -0.8 points |
| Q4 2024 | 28% | +2.9 points |
| Q3 2024 | 29% | -2.4 points |
TLK has the edge over VZ on profitability, with a higher operating margin.
VZ Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $34.3B | +1.5% |
| Q2 2026 | $34.3B | -0.7% |
| Q1 2026 | $34.4B | +2.9% |
| Q4 2025 | $36.4B | +2% |
| Q3 2025 | $33.8B | +1.5% |
| Q2 2025 | $34.5B | +5.2% |
| Q1 2025 | $33.5B | +1.5% |
| Q4 2024 | $35.7B | +1.6% |
VZ has the edge over TLK on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | +1.3 points |
| Q2 2026 | 21% | -2.7 points |
| Q1 2026 | 24% | +0.1 points |
| Q4 2025 | 14% | -7.1 points |
| Q3 2025 | 24% | +6.2 points |
| Q2 2025 | 24% | -0.2 points |
| Q1 2025 | 24% | +1 points |
| Q4 2024 | 21% | +19 points |
VZ's operating margin was 25% last quarter, up 1.3 points from the same quarter a year ago, near the top of its range since 2019.
TLK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $663.7M | +20% |
| Q1 2026 | $674.9M | +5.3% |
| Q4 2025 | $374.3M | -16% |
| Q3 2025 | $562.1M | +1.5% |
| Q2 2025 | $554M | +44% |
| Q1 2025 | $641.2M | +13% |
| Q4 2024 | $446.3M | +17% |
| Q3 2024 | $553.8M | +11% |
TLK has the edge over VZ on cash flow, with more consistent year-over-year improvement.
VZ Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $11.5B | +2.2% |
| Q2 2026 | $10.4B | +16% |
| Q1 2026 | $8B | +2.6% |
| Q4 2025 | $9.1B | -13% |
| Q3 2025 | $11.3B | +14% |
| Q2 2025 | $9B | -5.4% |
| Q1 2025 | $7.8B | +9.9% |
| Q4 2024 | $10.4B | +20% |
VZ's free cash flow has been positive every quarter for seven years: $39B over the past year, up 1.5% from the year before.
TLK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -1.4M shares |
| 1 year | -0.2% | -2.4M shares |
| 3 years | -0.2% | -2.4M shares |
| 5 years | -0.2% | -2.4M shares |
| Available history | -0.2% | -2.4M shares |
TLK has 988M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | $47.6M |
| Q1 2026 | $33.7M |
| Q4 2025 | $1.4M |
| Q3 2025 | — |
| Q2 2025 | $274,620 |
| Q1 2025 | — |
| Q4 2024 | $12.8M |
| Q3 2024 | — |
TLK spent $83M buying back its own shares over the past year, about six times what it spent the year before.
VZ Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -10M shares |
| 1 year | -1.7% | -72M shares |
| 3 years | -1.3% | -55M shares |
| 5 years | +0.4% | +17M shares |
| Available history | +0.5% | +21M shares |
VZ has the edge over TLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $500M |
| Q2 2026 | $1B |
| Q1 2026 | $2.5B |
TLK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.4x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.4x | Very low |
| Q4 2024 | 0.6x | Very low |
| Q3 2024 | 0.6x | Very low |
TLK has the edge over VZ on leverage, with a lower net debt burden relative to earnings.
VZ Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.3x | Elevated |
| Q2 2026 | 3.4x | Elevated |
| Q1 2026 | 3.4x | Elevated |
| Q4 2025 | 2.9x | Moderate |
| Q3 2025 | 2.8x | Moderate |
| Q2 2025 | 3.0x | Moderate |
| Q1 2025 | 3.0x | Elevated |
| Q4 2024 | 3.0x | Elevated |
VZ's net debt is about 3.3 years of its operating earnings (EBITDA), up from 2.8 years a year ago.
TLK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.7 | Neutral |
| Stochastic | 21.4 | Neutral |
TLK's weekly RSI is 33 (neutral) and its Stochastic is 21 (neutral).
VZ Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.9 | Neutral |
| Stochastic | 44.6 | Neutral |
VZ's weekly RSI is 51 (neutral) and its Stochastic is 45 (neutral).
TLK PE vs Communication Services Sector
| Metric | TLK | Sector median | Relative |
|---|---|---|---|
| PE | 9.5x | 16x | 42% below |
| PE % | 1 | 26 | 25 pts below |
TLK has the edge over VZ on valuation relative to its sector.
VZ PE vs Communication Services Sector
| Metric | VZ | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 16x | 28% below |
| PE % | 58 | 26 | 32 pts above |
VZ is trading at 12x earnings, a 28% discount to the Communication Services sector's median of 16x.
TLK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.0 | 3.9% below |
| 20 week MA | $13.5 | 15% below |
| 50 week MA | $16.7 | 31% below |
| 100 week MA | $17.0 | 32% below |
| 200 week MA | $20.0 | 43% below |
TLK is in a downtrend: it's below all five of its weekly moving averages, and 43% below its 200-week average.
VZ Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $45.1 | 3.1% above |
| 20 week MA | $46.3 | 0.5% above |
| 50 week MA | $46.1 | 1.1% above |
| 100 week MA | $44.2 | 5.4% above |
| 200 week MA | $41.4 | 12% above |
VZ has the edge over TLK on trend strength, trading above more of its moving averages.
TLK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $28.4 | $23.6 | -17% |
| 2021 | $23.6 | $28.8 | +22% |
| 2022 | $28.8 | $24.0 | -17% |
| 2023 | $24.0 | $25.8 | +7.2% |
| 2024 | $25.8 | $16.6 | -36% |
| 2025 | $16.6 | $21.2 | +28% |
| 2026 YTD | $21.2 | $11.5 | -46% |
TLK has finished lower in three of the last six years. It's down 46% so far in 2026.
VZ Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $61.5 | $58.8 | -4.4% |
| 2021 | $58.8 | $52.7 | -10% |
| 2022 | $52.7 | $38.4 | -27% |
| 2023 | $38.4 | $37.7 | -1.8% |
| 2024 | $37.7 | $39.9 | +5.9% |
| 2025 | $39.9 | $40.5 | +1.4% |
| 2026 YTD | $40.5 | $46.6 | +15% |
VZ has the edge over TLK on returns for 2026, with the stronger performance.