SPCX vs. TLK: Space Exploration vs. Telekomunikasi Indonesia Stock Comparison

Company Profile

Space Exploration (SPCX) and Telekomunikasi Indonesia (TLK) both belong to the Diversified Telecommunication Services industry, though SPCX is classified under Alternative Carriers while TLK falls under Integrated Telecommunication Services.

Telekomunikasi Indonesia (TLK) has been public since November 14, 1995, giving it decades of market history across multiple cycles, while Space Exploration (SPCX) listed only on June 12, 2026 and lacks comparable through-cycle data.

Space Exploration (SPCX) 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.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Space Exploration (SPCX) has a highly aggressive beta of 5.69, indicating much higher sensitivity to broad-market moves, while Telekomunikasi Indonesia (TLK) is defensive at 0.42 and tends to be less market-sensitive — a wide gap in beta profiles.

Risk-Adjusted Performance

Risk-Return Positioning

Both SPCX and TLK need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Capital efficiency shows on one side only: Telekomunikasi Indonesia (TLK) earns 16.30% on shareholders’ equity, ranked against its industry; Space Exploration (SPCX) has no ROE this period.

Space Exploration (SPCX) reports a negative net margin of -8.61%, usually indicating a net loss over the period. Meanwhile Telekomunikasi Indonesia (TLK) reports 11.44%, ranking against industry peers normally.

Space Exploration (SPCX) at 27.58% carries a top-quartile operating margin, while Telekomunikasi Indonesia (TLK) at 0.00% operates in the bottom quartile.

Profitability Metrics

Growth

Space Exploration (SPCX) at 33.24% delivers above-range revenue growth, while Telekomunikasi Indonesia (TLK) at -2.15% falls into the bottom quartile — a wide split in revenue momentum.

Telekomunikasi Indonesia (TLK) at -24.67% is around its peer norm for EPS growth, while Space Exploration (SPCX) at -25,600.00% falls below its industry range, a notably weak earnings reading.

Growth Metrics

Financial Strength

Telekomunikasi Indonesia (TLK) at 0.81 keeps current ratio within its industry’s typical mid-range, while Space Exploration (SPCX) at 3.08 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

Both Space Exploration (SPCX) at 0.22 and Telekomunikasi Indonesia (TLK) at 0.56 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

Financial Strength Metrics

Dividends

Neither Space Exploration (SPCX) nor Telekomunikasi Indonesia (TLK) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Telekomunikasi Indonesia (TLK) reports payout ratio above 100% at 121.72%, meaning dividends exceeded current-period earnings; Space Exploration (SPCX) pays no dividend (payout 0.00%).

Dividend Metrics

Valuation

Telekomunikasi Indonesia (TLK) at 11.71 is near its industry’s usual P/E ratio, while Space Exploration (SPCX) at 583.78 sits above its peer range — an unusually expensive price for SPCX’s trailing earnings.

A sales-based read is only available for Space Exploration (SPCX), whose P/S ratio of 56.91 ranks against industry peers; Telekomunikasi Indonesia (TLK) reports no figure this period.

Telekomunikasi Indonesia (TLK) at 0.01 sits in the lower P/B ratio quartile relative to book while Space Exploration (SPCX) at 10.31 prices above its industry range — a wide valuation gap against assets.

Valuation Metrics