PT Link Net Tbk.

link

+0.48%

Overview

LINK Overview

PT Link Net Tbk is an Indonesia-based company, which is a provider of high-speed broadband Internet services in Indonesia. The Company is engaged in telecommunication activities by cable, Internet service provider, communication system service, network access point services, other multimedia services, telephony value-added services, trading, management consultancy activities and call center activities. It provides services through a broadband communication network (the Network), including distribution of television (TV) programs and high-speed Internet through the Network in Jakarta, Bogor, Depok, Tangerang, Bekasi, Surabaya (include Malang, Gresik and Sidoarjo), Bali, Bandung, Medan, Batam, Solo, Semarang, Cikampek-Purwakarta, Cirebon, Tegal, Yogyakarta and Kediri areas. The Company operates a Hybrid Fiber Coaxial (HFC) and Fiber to The Home (FTTH) cable system. Its products and services include FastNet, HomeCable (TV Content) and Streamtainment Service.

24681012ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: LINK

Main
Market Cap.
IDR 2.89Trillion

~$180.56M USD

Industry
Telecommunication Service
Sub-Industry
Wired Telecommunication Service
Sector
Infrastructures

Valuation

LINK Valuation Metrics

1,050

IDR
+0.5%

Closing Price on 2024-04-18

Price to Equity

-5.42

P/E

At -5.42x P/E TTM, LINK.JK is trading at a discount to its peers in the Telecommunication sector.

Price to Book

0.67

P/B

At 0.67x P/B TTM, LINK.JK is trading at a discount to its peers in the Telecommunication sector.

Price to Sales

0.74

P/S

At 0.74x P/S TTM, LINK.JK is trading at a discount to its peers in the Telecommunication sector.

Valuing PT Link Net Tbk. based on its trailing twelve months (TTM) valuation metrics against its peers in the Telecommunication sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Link Net Tbk. relative to other stocks in the Telecommunication sector

Price/Cash Flow
1.22x
Price/Forward Earnings
2.75x
Enterprise Value/Revenue
2.43x
Enterprise Value/EBITDA
5.88x
PEG Ratio
0.02x

Analyst Ratings

40
60
80
0
100

75.0

Undervalued

Fairly Valued

Overvalued

Last closing: IDR1,0502024-04-18
IDR 1,062.81

Fairly Close to Intrinsic Value: Analyst's intrinsic value is of LINK is IDR1,063, which is 2% higher than LINK's last closing price of IDR1,050 (as of 2024-04-18).

Valuation Recap of LINK stock
WeightNotesScore
High
The P/E ratio is calculated by dividing the market price of a company's stock by its earnings per share (EPS). It is a key tool for investors and analysts to assess whether a stock is overvalued, undervalued, or fairly valued. A P/E ratio of -5.42x is below the ID market average of 8.46x and is trading at a discount to peers in the Telecommunication sector (16.10x). In fact, less than 25% of its peers trade at a lower P/E ratio than LINK.

High
The P/B ratio is calculated by dividing the market price of a company's stock by its book value per share (BVPS). It measures the company's stock value relative to its assets minus liabilities. A P/B ratio of 0.67x is below the peers average of 1.26x in the Telecommunication sector. In fact, less than 25% of its peers trade at a lower P/B ratio than LINK.

Medium
The P/S ratio is calculated by dividing the market price of a company's stock by its sales per share. It measures the company's stock value relative to its sales. A P/S ratio of 0.74x is below the peers average of 4.18x in the Telecommunication sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of LINK's valuation relative to its current sales and future earnings growth. LINK trades at a Forward P/E ratio of 2.75x, which is considered fairly undervalued by analysts.

Low
The Price/Cash Flow ratio (P/CF) is calculated by dividing the market price of a company's stock by its cash flow per share. It measures the company's stock value relative to its cash flow, and is sometimes said to be a more objective measure of a company's value because cash flows cannot be manipulated as easily as earnings, which considers non-cash items such as depreciation and amortization. LINK's P/CF ratio of 1.22x is considered healthy by analysts.

Low
The Enterprise Value/Revenue ratio (EV/R) is calculated by dividing the enterprise value of a company by its revenue. It measures the company's enterprise value relative to its revenue. It is an indicator of how much it costs to buy the company's revenue; the lower the ratio, the cheaper the company's revenue. LINK's EV/R ratio of 2.43x is considered fairly underpriced by the market The average EV/R ratio for the Telecommunication sector is 7.16x.

Medium
Fairly Close to Intrinsic Value: Analyst's intrinsic value is of LINK is IDR 1,062.81, which is 2% higher than LINK's last closing price of IDR 1,050.00.

Peers

LINK Peers and Comparison

Peer Companies

Supertype Fuzzy Search
SymbolCompany Name
Market Cap
(in Trillion IDR)
Total Assets
(in Trillion IDR)
Total Revenue
(in Trillion IDR)
Profit and Loss
(in Trillion IDR)
P/E
P/B
BRENPT Barito Renewables Energy Tbk.1,060.25T54.35T 9.22T 1.66T 637.21154.12
TLKMPT Telkom Indonesia (Persero) Tbk321.95T286.59T 149.22T 24.43T 13.182.37
ISATPT Indosat Tbk86.27T114.72T 51.23T 4.51T 19.142.81
PGEOPT Pertamina Geothermal Energy Tbk51.03T45.91T 6.29T 2.53T 20.141.67
MTELPT Dayamitra Telekomunikasi Tbk49.16T57.01T 8.59T 2.01T 24.451.44
SUPRSolusi Tunas Pratama Tbk44.51T9.89T 1.89T 1.13T 39.457.79
TOWRSarana Menara Nusantara Tbk40.09T68.42T 11.74T 3.25T 12.322.44
TBIGPT Tower Bersama Infrastructure Tbk39.05T46.97T 6.64T 1.56T 25.033.33
JSMRPT Jasa Marga Tbk38.10T129.31T 21.32T 6.79T 5.611.37
EXCLPT XL Axiata Tbk28.63T87.69T 32.32T 1.27T 22.521.09
Competitiveness Recap of LINK stock
WeightNotesScore
High
At a market cap of IDR 2,889.16 billion, LINK.JK ranks 10 in Market Cap out of 10 companies in the Infrastructures sector.

High
At a PE of -5.42, LINK.JK ranks 10 out of 10 companies in the Infrastructures sector for P/E value. The average PE is 79.11 (unadjusted). A high P/E ratio often indicates higher growth expectation, or other qualitative factors that led investors to believe that the company has a defensible competitive advantage compared to its peers in Infrastructures. In this regard, it trails behind sector leaders such as PT Barito Renewables Energy Tbk. (637.21) in the Infrastructures sector.

Medium
At a PE of -5.42, LINK.JK is trading at a lower PE than that of its subsector peers in Telecommunication (median of 16.10). A lower P/E value presents a potential value opportunity, but it might also indicate that the company is facing headwinds in its business.

Medium
At a revenue of IDR 3.93 trillion, LINK.JK ranks 9 in Revenue out of 10 companies in the Infrastructures sector.

Medium
At a profit of -IDR 0.53 trillion, LINK.JK ranks 10 in Profit out of 10 companies in the Infrastructures sector.

Future

Future Growth of LINK

Growth Forecasts

No data available

Sector Benchmark

Telecommunication companies in Indonesia are growing at a projected rate of 5.02% against the IDX average of +7.6%.

Telecommunication sector overview
No data is available for LINK at the moment.
Future growth prospect of LINK
WeightNotesScore
High
LINK's projected growth rate of 5.02% is below the ID market average of 7.62%.

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Management

Executive Management

President Director

Marlo Budiman15.2 years
Kanishka Gayan Wickrama
Director
Edward Sanusi
Director
NamePositionShares%
No data is available for LINK at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

LINK Ownership

Others
3.99%
Insiders
95.76%
Institutions
0.25%
NameNumber of SharesOwnership (%)Value
Axiata Investments (Indonesia) Sdn. Bhd.2,187,922,71776.422,297.32B
Pt Xl Axiata Tbk.550,316,19619.22577.83B
Treasury Stock111,614,5003.9117.20B
Public (Scripless)13,342,0710.4614.01B
No data is available for LINK at the moment.