Hold 4/11/2024Upgraded
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to C- from D on 4/11/2024 due to a significant increase in the efficiency index, growth index and solvency index.

Sell 4/2/2024Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to D from C- on 4/2/2024 due to a significant decline in the efficiency index, solvency index and growth index.

Hold 3/27/2024Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C- from C on 3/27/2024 due to a large decline in the growth index, total return index and volatility index. Earnings per share declined from $0.0045 to $0.0033, EBIT declined 22.48% from $819.92M to $635.58M, and total revenue declined 1.98% from $2.48B to $2.43B.

Hold 3/14/2024Upgraded
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to C from C- on 3/14/2024 due to an increase in the volatility index and total return index.

Hold 2/28/2024Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C- from C on 2/28/2024 due to a decline in the volatility index.

Hold 2/13/2024Upgraded
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to C from C- on 2/13/2024 due to a noticeable increase in the growth index, solvency index and total return index. Operating cash flow increased 26.68% from $890.02M to $1.13B, debt to equity declined from 0.5 to 0.43, and EBIT increased 5.5% from $777.18M to $819.92M.

Hold 8/1/2023Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C- from C on 8/1/2023 due to a noticeable decline in the growth index, efficiency index and solvency index. Debt to equity increased from 0.35 to 0.5, the quick ratio declined from 0.66 to 0.58, and total capital declined 2.03% from $14.6B to $14.3B.

Hold 3/30/2023Upgraded
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to C from C- on 3/30/2023 due to a noticeable increase in the growth index and volatility index. Operating cash flow increased 35.54% from $1.07B to $1.45B, and earnings per share increased from $0.0022 to $0.0027.

Hold 10/28/2022Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C- from C on 10/28/2022 due to a significant decline in the growth index and volatility index. Earnings per share declined from $0.005 to $0.0022, operating cash flow declined 4.99% from $1.12B to $1.07B, and total revenue declined 2.27% from $2.53B to $2.47B.

Hold 5/25/2022Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C from C+ on 5/25/2022 due to a major decline in the total return index.

Hold 5/10/2022Upgraded
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to C+ from C on 5/10/2022 due to an increase in the growth index, total return index and solvency index. EBIT increased 39.61% from $566.01M to $790.19M, debt to equity declined from 0.48 to 0.43, and the quick ratio increased from 0.73 to 0.79.

Hold 4/21/2022Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C from C+ on 4/21/2022 due to a noticeable decline in the growth index and efficiency index. EBIT declined 35.95% from $883.76M to $566.01M, net income declined 7.54% from $446.47M to $412.82M, and earnings per share declined from $0.0045 to $0.0042.

Hold 4/18/2022Upgraded
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to C+ from C on 4/18/2022 due to a significant increase in the total return index, growth index and volatility index. Operating cash flow increased 14.42% from $1.09B to $1.24B, EBIT increased 6.89% from $826.8M to $883.76M, and total revenue increased 3.02% from $2.47B to $2.54B.

Hold 10/1/2021Upgraded
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to C from C- on 10/1/2021 due to a major increase in the growth index, solvency index and total return index. Debt to equity declined from 0.74 to 0.73.

Hold 1/7/2021Upgraded
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to C- from D+ on 1/7/2021 due to an increase in the volatility index, total return index and solvency index.

Sell 11/5/2020Upgraded
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to D+ from D on 11/5/2020 due to a large increase in the growth index, efficiency index and volatility index. Net income increased 12.65% from $343.42M to $386.87M, earnings per share increased from $0.0035 to $0.0039, and EBIT increased 4.58% from $702.46M to $734.64M.

Sell 11/2/2020Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to D from D+ on 11/2/2020 due to a significant decline in the growth index, total return index and solvency index. The quick ratio declined from 0.66 to 0.54, earnings per share declined from $0.0042 to $0.0035, and EBIT declined 14.72% from $823.71M to $702.46M.

Sell 3/19/2020Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to D+ from C- on 3/19/2020 due to a decline in the volatility index and total return index.

Hold 2/27/2020Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C- from C on 2/27/2020 due to a decline in the volatility index.

Hold 1/6/2020Upgraded
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to C from C- on 1/6/2020 due to an increase in the volatility index.

Hold 12/19/2019Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C- from C on 12/19/2019 due to a decline in the total return index and volatility index.

Hold 11/29/2019Upgraded
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to C from C- on 11/29/2019 due to an increase in the total return index.

Hold 11/13/2019Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C- from C on 11/13/2019 due to a decline in the total return index and solvency index. The quick ratio declined from 0.69 to 0.58.

Hold 7/8/2019Upgraded
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to C from C- on 7/8/2019 due to an increase in the solvency index, efficiency index and total return index. Net income increased 71.52% from $256.74M to $440.35M, the quick ratio increased from 0.68 to 0.78, and total capital increased 6.23% from $11.19B to $11.89B.

Hold 3/29/2019Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C- from C on 3/29/2019 due to a decline in the total return index and volatility index.

Hold 1/16/2019Upgraded
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to C from C- on 1/16/2019 due to an increase in the volatility index, total return index and solvency index.

Hold 11/1/2018Upgraded
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to C- from D+ on 11/1/2018 due to a substantial increase in the growth index. Operating cash flow increased 91.95% from $445.81M to $855.72M, earnings per share increased from $0.0021 to $0.0038, and EBIT increased 46.45% from $527.66M to $772.75M.

Sell 10/23/2018Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to D+ from C- on 10/23/2018 due to a decline in the volatility index and total return index.

Hold 9/7/2018Upgraded
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to C- from D+ on 9/7/2018 due to an increase in the volatility index.

Sell 8/23/2018Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to D+ from C- on 8/23/2018 due to a major decline in the growth index, solvency index and total return index. Debt to equity increased from 0.34 to 0.6, earnings per share declined from $0.0043 to $0.0021, and operating cash flow declined 36.72% from $704.55M to $445.81M.

Hold 6/11/2018Downgrade
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C- from C on 6/11/2018 due to a significant decline in the total return index, volatility index and solvency index.

Hold 7/31/2017Downgrade
PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C from C+ on 7/31/2017 due to a significant decline in the growth index, total return index and solvency index. Operating cash flow declined 29.51% from $979.24M to $690.27M, the quick ratio declined from 1.11 to 0.82, and earnings per share declined from $0.0051 to $0.0041.

Hold 7/6/2017Downgrade
PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C+ from B- on 7/6/2017 due to a decline in the total return index.

Buy 5/31/2017Upgraded
PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to B- from C+ on 5/31/2017 due to a noticeable increase in the total return index, solvency index and volatility index.

Hold 4/21/2017Upgraded
PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to C+ from C on 4/21/2017 due to a large increase in the total return index, growth index and volatility index. Operating cash flow increased 58.22% from $618.91M to $979.24M, EBIT increased 47.52% from $632.94M to $933.69M, and earnings per share increased from $0.0035 to $0.0051.

Hold 1/10/2017Downgrade
PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C from B- on 1/10/2017 due to a significant decline in the valuation index and total return index.

Buy 10/27/2016Downgrade
PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to B- from B on 10/27/2016 due to a decline in the volatility index.

Buy 6/10/2016Upgraded
PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to B from B- on 6/10/2016 due to a major increase in the growth index, total return index and solvency index. Earnings per share increased from $0.58 to $0.7, the quick ratio increased from 1.04 to 1.18, and operating cash flow increased 8.35% from $896.92M to $971.85M.

Buy 3/11/2016Downgrade
PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to B- from B on 3/11/2016 due to a large decline in the volatility index, growth index and valuation index. Earnings per share declined from $0.6 to $0.58, and operating cash flow declined 1.92% from $914.5M to $896.92M.

Buy 2/25/2016Upgraded
PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to B from B- on 2/25/2016 due to a noticeable increase in the volatility index and total return index.

Buy 1/29/2016Upgraded
PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to B- from C+ on 1/29/2016 due to a noticeable increase in the growth index, total return index and volatility index. Operating cash flow increased 28.25% from $713.05M to $914.5M, EBIT increased 10.13% from $567.05M to $624.48M, and earnings per share increased from $0.56 to $0.6.

Hold 9/1/2015Downgrade
PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C+ from B- on 9/1/2015 due to a decline in the volatility index and total return index.

Buy 8/17/2015Upgraded
PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to B- from C+ on 8/17/2015 due to an increase in the efficiency index and growth index.

Hold 7/31/2015Downgrade
PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C+ from B- on 7/31/2015 due to a noticeable decline in the growth index, total return index and solvency index. Debt to equity increased from 0.28 to 0.5, EBIT declined 22.69% from $657.05M to $507.98M, and operating cash flow declined 1.4% from $723.18M to $713.05M.

Buy 6/12/2015Upgraded
PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to B- from C on 6/12/2015 due to a significant increase in the valuation index.

Hold 4/22/2014Downgrade
PT Telekomunikasi Indonesia Tbk (TLK) was downgraded to C from B on 4/22/2014 due to a significant decline in the valuation index.

Buy 4/21/2014Upgraded
PT Telekomunikasi Indonesia Tbk (TLK) was upgraded to B from B- on 4/21/2014 due to an increase in the volatility index and total return index.