AT&T INC. vs PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK, two Telecom stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.
AT&T's headline leverage reads 0.05 turns, an artifact of equity accounting after years of deleveraging (its real debt load lives further down the balance sheet); Telkom Indonesia carries essentially none the honest way. The margin structures rank the emerging-market operator first, a 28.7% operating margin against 21.1%, and returns agree, 18.9% on equity against 12.5%, 10.3% on assets against 3.7%. Yet the multiples price AT&T's American incumbency dearer per unit of everything: 7.6 times against 14.1... inverted, actually: Telkom carries the premium multiple. Both yield heavy cash, 12.2% and 15.9%. Two national champions, one paying 4.9% in dividends to shrink gracefully, the other still compounding an archipelago.
Comparison updated 2026-07-10.
| Metric | T | TLK |
|---|---|---|
| Price | $22.70 | $14.08 |
| Market cap | $159.5B | $13.9B |
| Sector | Telecom | Telecom |
| Stage | Mature | Mature |
| P/E | 7.6 | 14.1 |
| P/B | 1.27 | 1.38 |
| P/S | 1.26 | 1.50 |
| EV/EBITDA | 3.4 | 2.5 |
| Revenue growth | +2.9% | -0.9% |
| Operating margin | 21.1% | 28.7% |
| Net margin | 12.4% | 20.5% |
| Return on equity | 12.5% | 18.9% |
| Return on assets | 3.7% | 10.3% |
| Return on invested capital | 14.8% | 20.8% |
| FCF yield | 12.2% | 15.8% |
| Dividend yield | 4.9% | — |
| Debt / equity | 0.05 | 0.00 |
| Current ratio | 0.92 | 0.82 |
| Altman Z (solvency) | 6.40 | 2.53 |
| Piotroski F (quality) | 7 / 9 | 6 / 9 |
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.