1. Indonesia Stocks

  2. •

    Communications

  3. •

    Major telecommunications
PT Link Net Tbk

PT Link Net Tbk

IIDX:LINK
1,275.00
IDR
-95.00
(-6.93%)
-584.45EPS
3.77TMarket Cap
Nov 16Next Earn
PT Link Net Tbk
IDX:LINK
(Indonesia Stock Exchange)

Recent

price

1,275.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
IDR
547.09
702.01
842.79
980.64
1,149.17
1,273.36
1,306.01
1,465.55
1,622.67
1,588.46
927.43
916.09
1,119.92
1,043.58
Revenue per Share
119.03
183.3
210.19
271.72
340.55
269.44
311.1
340.94
321.75
87.48
-193.7
-430.77
-526.58
-584.45
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
13.81
- -
42.42
96.83
171.95
234.36
178.12
102.7
193.05
45.41
- -
- -
- -
Dividend per Share
827.33
997.18
1,205.26
1,339.47
1,530.75
1,631.7
1,656.13
1,680.02
1,907.75
1,805.52
1,568.59
1,819.03
1,289.86
989
Book Value per Share
815.23
978.51
1,183.3
1,314.86
1,502.84
1,600.22
1,619.68
1,638.45
1,859.41
1,744.23
1,519.9
1,748.49
1,228.37
938.75
Tangible Book Value per Share
3,043
3,043
3,043
3,012
2,958
2,928
2,875
2,762
2,752
2,752
2,752
2,752
2,752
2,753
Basic Weighted Avg Shares
1,664,601
2,135,958
2,564,315
2,954,161
3,399,060
3,728,364
3,755,262
4,047,964
4,464,900
4,370,781
2,551,893
2,520,686
3,081,592
2,872,698
Sales/Revenue/Turnover
38.08
41.17
39.44
40.69
43.15
42.05
40.3
35.11
33.98
21.03
-22.07
-41.54
-29.59
-35.56
Operating Margin (%)
280,466
393,412
515,091
604,849
644,103
718,810
775,163
931,146
1,159,913
1,490,344
1,689,881
1,766,484
1,757,901
1,785,497
Depreciation Expense
362,169
557,715
639,525
818,563
1,007,277
788,918
894,531
941,707
885,318
240,717
-532,984
-1,185,302
-1,448,949
-1,608,832
Net Income, GAAP
25.67
26.2
25.31
24.84
24.8
29.59
27.88
24.46
22.94
27.06
- -
- -
- -
- -
Effective Tax Rate (%)
21.76
26.11
24.94
27.71
29.63
21.16
23.82
23.26
19.83
5.51
-20.89
-47.02
-47.02
-56
Profit Margin (%)
101,941
23,541
-43,044
56,390
217,895
-18,107
-914,759
-2,043,573
-1,103,607
-3,753,361
-2,484,965
-2,504,529
-8,328,039
-7,353,176
Working Capital
195,065
91,274
31,383
130,307
94,280
57,837
19,840
165,940
2,380,022
1,883,248
4,949,945
4,785,007
708
1,147,303
LT Debt
2,517,262
3,034,064
3,667,323
3,963,080
4,524,187
4,751,099
4,656,415
4,622,714
5,249,342
4,968,040
4,316,106
5,005,203
3,549,589
2,723,671
Total Equity
- -
20.26
19.89
21.38
23.22
17.31
18.58
18
14.23
4.88
- -
- -
- -
- -
Return on Invested Capital (%)
- -
19.92
19.87
21.56
23.63
17.48
18.23
17.59
13.92
4.76
- -
- -
- -
- -
Return on Capital (%)
- -
20.09
19.09
21.46
23.74
17.01
19.02
20.3
17.94
4.71
-11.48
-25.43
-33.87
-45.75
Return on Common Equity (%)

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
7,002,048
6,978,697
7,351,129
LT Borrowings
- -
1,146,227
1,147,115
LT Finance Leases
708
482
188
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,752
2,754
2,754
Market Capitalization
11,200,256
5,108,584
3,772,917

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,265,409
2,066,533
2,232,374
Cash, Cash Equivalents & STI
360,961
488,603
213,035
Accounts Receivable, Net
740,430
1,301,710
1,719,920
Inventories
- -
- -
- -
Total Current Liabilities
9,593,448
9,310,638
9,585,550
Payables & Accruals
- -
- -
- -
ST Debt
7,002,048
6,978,697
7,351,129
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.65%
-3.61%
-29.08%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-20.76%
-51.12%
22.24%
Sales/Revenue/Turnover
3.61%
-2.48%
22.25%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
533,996
920,233
-188,140
876,253
2,520,686
2025
810,278
766,308
818,157
686,849
3,081,592
2026
661,357
706,335
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-39.84
-62.76
-188.71
-139.47
-430.77
2025
-128.99
-122.39
-122.2
-153
-526.58
2026
-158.65
-150.58
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
PT Link Net Tbk provides high-speed broadband internet, cable television, and data communication services through its hybrid fiber coaxial (HFC) and fiber-to-the-home (FTTH) networks in Indonesia. Founded in 1996 as PT Seruling Indah Permai and renamed PT Link Net Tbk in 2000, the company, headquartered in Jakarta at Centennial Tower, operates across more than 47 cities including Jabodetabek, Bandung, Surabaya, Bali, Medan, and Semarang, serving over 4 million homepasses with three main business pillars: FiberCo for fiber optic infrastructure; EnterpriseCo offering dedicated high-speed internet, datacomm via terrestrial and submarine cables, VSAT satellite services, data centers, cloud solutions, managed services, and cyber threat intelligence; and MediaCo delivering pay TV under the First Media brand with HD channels and home entertainment. The company caters to residential and enterprise customers, including connectivity for businesses under the LinkNet brand, network access points, telephony value-added services, multimedia, and management consulting. In June 2022, PT Link Net Tbk became part of the Axiata Group following the acquisition of a 66.03% stake by Axiata Investments Sdn Bhd and PT XL Axiata Tbk, with further integration in 2024 enhancing expansion capabilities; more recently in 2025, it signed a memorandum of understanding with PT Internet Mulia Untuk Negeri (NEXA) for strategic cooperation in ICT network infrastructure to broaden digital services across additional cities.