BCE vs. TLK: BCE vs. Telekomunikasi Indonesia Stock Comparison

November 11, 2026

How do BCE (BCE) and Telekomunikasi Indonesia (TLK) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

BCE (BCE) and Telekomunikasi Indonesia (TLK) are both classified in the Integrated Telecommunication Services sub-industry within the broader Diversified Telecommunication Services industry, placing them in the closest GICS peer bucket.

BCE (BCE) trades as ordinary local shares, while Telekomunikasi Indonesia (TLK) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for BCE (BCE) and Telekomunikasi Indonesia (TLK)
Profile Item	BCE	TLK
Name	BCE Inc.	PT Telkom Indonesia (Persero) Tbk ADR
Country/Region	Canada	Indonesia
GICS Sector	Communication Services	Communication Services
GICS Industry Group	Telecommunication Services	Telecommunication Services
GICS Industry	Diversified Telecommunication Services	Diversified Telecommunication Services
GICS Sub-Industry	Integrated Telecommunication Services	Integrated Telecommunication Services
Market Capitalization	20.16 billion USD	10.95 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	November 15, 1982	November 14, 1995
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

BCE

TLK

GSPC

BCE (BCE) vs. Telekomunikasi Indonesia (TLK), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for BCE (BCE) and Telekomunikasi Indonesia (TLK). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for BCE (BCE) and Telekomunikasi Indonesia (TLK). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for BCE (BCE) and Telekomunikasi Indonesia (TLK)
Metric	BCE	TLK
Total Return (1Y)	-3.05%	-40.67%
Total Return (3Y, Annualized)	-11.78%	-14.80%
Total Return (5Y, Annualized)	-10.24%	-10.13%

Risk Profile

Drawdown History

BCE

TLK

GSPC

BCE (BCE) vs. Telekomunikasi Indonesia (TLK), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for BCE (BCE) and Telekomunikasi Indonesia (TLK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for BCE (BCE) and Telekomunikasi Indonesia (TLK)
Metric	BCE	TLK
Volatility (1Y, Annualized)	21.92%	37.07%
Beta (5Y)	0.52	0.42
Max Drawdown (5Y)	-56.57%	-57.78%
Avg. Volume (3M)	4.21M	1.48M

Risk-Adjusted Performance

Risk-Return Positioning

BCE and TLK are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for BCE (BCE) and Telekomunikasi Indonesia (TLK)
Metric	BCE	TLK
Sharpe Ratio (1Y)	-0.33	-1.21
Sortino Ratio (1Y)	-0.47	-1.51

Profitability

ROE (TTM)

Both BCE (BCE) at 11.13% and Telekomunikasi Indonesia (TLK) at 16.30% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

BCE

Telecommunication Services industry group

11.13%

Max: 31.74%
Q3: 17.02%
BCE: 11.13%
Median: 7.32%
Q1: -5.16%
Min: -20.26%

TLK

Telecommunication Services industry group

16.30%

Max: 31.74%
Q3: 17.02%
TLK: 16.30%
Median: 7.32%
Q1: -5.16%
Min: -20.26%

BCE (BCE) vs. Telekomunikasi Indonesia (TLK): A comparison of their ROE against the Telecommunication Services industry group benchmark.

Net Margin (TTM)

Both BCE (BCE) at 10.23% and Telekomunikasi Indonesia (TLK) at 11.44% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

BCE

Telecommunication Services industry group

10.23%

Max: 30.45%
Q3: 11.78%
BCE: 10.23%
Median: 7.20%
Q1: -3.86%
Min: -18.49%

TLK

Telecommunication Services industry group

11.44%

Max: 30.45%
Q3: 11.78%
TLK: 11.44%
Median: 7.20%
Q1: -3.86%
Min: -18.49%

BCE (BCE) vs. Telekomunikasi Indonesia (TLK): A comparison of their net margin against the Telecommunication Services industry group benchmark.

Operating Margin (TTM)

BCE (BCE) at 23.89% carries a top-quartile operating margin, while Telekomunikasi Indonesia (TLK) at 0.00% operates in the bottom quartile.

BCE

Telecommunication Services industry group

23.89%

Max: 35.53%
BCE: 23.89%
Q3: 22.79%
Median: 12.87%
Q1: 0.82%
Min: -29.20%

TLK

Telecommunication Services industry group

0.00%

Max: 35.53%
Q3: 22.79%
Median: 12.87%
Q1: 0.82%
TLK: 0.00%
Min: -29.20%

BCE (BCE) vs. Telekomunikasi Indonesia (TLK): A comparison of their operating margin against the Telecommunication Services industry group benchmark.

Profitability Metrics

Profitability metrics for BCE (BCE) and Telekomunikasi Indonesia (TLK)
Metric	BCE	TLK
ROE (TTM)	11.13%	16.30%
ROA (TTM)	4.22%	7.97%
Net Margin (TTM)	10.23%	11.44%
Operating Margin (TTM)	23.89%	0.00%
Gross Margin (TTM)	44.92%	59.70%

Growth

Revenue Growth

Both BCE (BCE) at 0.24% and Telekomunikasi Indonesia (TLK) at -2.15% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.

BCE (BCE) vs. Telekomunikasi Indonesia (TLK): A comparison of their Revenue Growth across different time periods.

EPS Growth

BCE (BCE) at 3,672.22% clears its industry range for EPS growth, a much stronger earnings trajectory than Telekomunikasi Indonesia (TLK) at -24.67%, which is closer to a typical peer reading.

BCE (BCE) vs. Telekomunikasi Indonesia (TLK): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for BCE (BCE) and Telekomunikasi Indonesia (TLK)
Metric	BCE	TLK
Revenue Growth (YoY)	0.24%	-2.15%
Revenue Growth (3Y CAGR)	0.40%	-0.13%
EPS Growth (YoY)	3,672.22%	-24.67%
EPS Growth (3Y CAGR)	31.59%	-4.96%

Financial Strength

Current Ratio (MRQ)

Telekomunikasi Indonesia (TLK) at 0.81 keeps current ratio within its industry’s typical mid-range, while BCE (BCE) at 0.62 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for BCE.

BCE

Telecommunication Services industry group

0.62

Max: 2.85
Q3: 1.64
Median: 0.97
Q1: 0.78
BCE: 0.62
Min: 0.26

TLK

Telecommunication Services industry group

0.81

Max: 2.85
Q3: 1.64
Median: 0.97
TLK: 0.81
Q1: 0.78
Min: 0.26

BCE (BCE) vs. Telekomunikasi Indonesia (TLK): A comparison of their current ratio against the Telecommunication Services industry group benchmark.

Debt / Equity (MRQ)

Telekomunikasi Indonesia (TLK) at 0.56 keeps leverage in the lower industry quartile, while BCE (BCE) at 1.70 runs a more typical debt-to-equity mix.

BCE

Telecommunication Services industry group

1.70

Max: 3.94
Q3: 2.11
BCE: 1.70
Median: 1.32
Q1: 0.65
Min: 0.00

TLK

Telecommunication Services industry group

0.56

Max: 3.94
Q3: 2.11
Median: 1.32
Q1: 0.65
TLK: 0.56
Min: 0.00

BCE (BCE) vs. Telekomunikasi Indonesia (TLK): A comparison of their debt-to-equity ratio against the Telecommunication Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for BCE (BCE) and Telekomunikasi Indonesia (TLK)
Metric	BCE	TLK
Current Ratio (MRQ)	0.62	0.81
Debt / Equity (MRQ)	1.70	0.56
Net Debt / EBITDA	4.67	--

Dividends

Dividend Yield (TTM)

Telekomunikasi Indonesia (TLK) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile BCE (BCE) reports a yield of 7.94%, ranking against industry peers normally.

BCE

Telecommunication Services industry group

7.94%

BCE: 7.94%
Max: 6.10%
Q3: 2.63%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TLK

Telecommunication Services industry group

0.00%

Max: 6.10%
Q3: 2.63%
TLK: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

BCE (BCE) vs. Telekomunikasi Indonesia (TLK): A comparison of their dividend yield against the Telecommunication Services industry group benchmark.

Dividend Payout Ratio (TTM)

Telekomunikasi Indonesia (TLK) reports payout ratio above 100% at 121.72%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile BCE (BCE) reports 68.09%, ranking against industry peers normally.

BCE

Telecommunication Services industry group

68.09%

Max: 121.72%
Q3: 68.18%
BCE: 68.09%
Median: 4.06%
Q1: 0.00%
Min: 0.00%

TLK

Telecommunication Services industry group

121.72%

TLK: 121.72%
Max: 121.72%
Q3: 68.18%
Median: 4.06%
Q1: 0.00%
Min: 0.00%

BCE (BCE) vs. Telekomunikasi Indonesia (TLK): A comparison of their payout ratio against the Telecommunication Services industry group benchmark.

Dividend Metrics

Dividend metrics for BCE (BCE) and Telekomunikasi Indonesia (TLK)
Metric	BCE	TLK
Dividend Yield (TTM)	7.94%	0.00%
Dividend Payout Ratio (TTM)	68.09%	121.72%

Valuation

P/E Ratio (TTM)

Both BCE (BCE) at 11.69 and Telekomunikasi Indonesia (TLK) at 11.71 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

BCE

Telecommunication Services industry group

11.69

Max: 30.40
Q3: 23.75
Median: 13.30
BCE: 11.69
Q1: 8.65
Min: 2.50

TLK

Telecommunication Services industry group

11.71

Max: 30.40
Q3: 23.75
Median: 13.30
TLK: 11.71
Q1: 8.65
Min: 2.50

BCE (BCE) vs. Telekomunikasi Indonesia (TLK): A comparison of their P/E ratio against the Telecommunication Services industry group benchmark.

P/S Ratio (TTM)

A sales-based read is only available for BCE (BCE), whose P/S ratio of 0.81 ranks against industry peers; Telekomunikasi Indonesia (TLK) reports no figure this period.

BCE

Telecommunication Services industry group

0.81

Max: 3.01
Q3: 1.73
BCE: 0.81
Median: 0.81
Q1: 0.36
Min: 0.00

TLK

Telecommunication Services industry group

Max: 3.01
Q3: 1.73
Median: 0.81
Q1: 0.36
Min: 0.00
TLK: --

BCE (BCE) vs. Telekomunikasi Indonesia (TLK): TLK does not report P/S ratio, so it has no value marker; BCE is benchmarked against the Telecommunication Services industry group.

P/B Ratio (MRQ)

Telekomunikasi Indonesia (TLK) at 0.01 sits in the lower P/B ratio quartile against book while BCE (BCE) at 1.35 is valued near its industry’s middle — TLK is cheaper on assets, though weigh it against ROE and asset quality.

BCE

Telecommunication Services industry group

1.35

Max: 8.10
Q3: 3.98
Median: 1.53
BCE: 1.35
Q1: 0.65
Min: -2.39

TLK

Telecommunication Services industry group

0.01

Max: 8.10
Q3: 3.98
Median: 1.53
Q1: 0.65
TLK: 0.01
Min: -2.39

BCE (BCE) vs. Telekomunikasi Indonesia (TLK): A comparison of their P/B ratio against the Telecommunication Services industry group benchmark.

Valuation Metrics

Valuation metrics for BCE (BCE) and Telekomunikasi Indonesia (TLK)
Metric	BCE	TLK
P/E Ratio (TTM)	11.69	11.71
P/S Ratio (TTM)	0.81	--
P/B Ratio (MRQ)	1.35	0.01
Free Cash Flow Yield (TTM)	11.99%	293,224.69%