Sarana Menara Nusantara Tbk PT (TOWR.JK) Stock Price

Sarana Menara Nusantara Tbk PT Price

IDX·CLOSED
336.00
​
Market closed

Over the last 17 years Sarana Menara Nusantara Tbk PT grew revenue by 25.7% annually, reaching 13.33 T IDR. Earnings per share have grown at 10.9% per year over the last 16 years. For Sarana Menara Nusantara Tbk PT, the net margin of 27.6% is down versus 39.7% a few years ago. At today's price the dividend yield works out to roughly 6.78%. The payout ratio is around 36% of earnings. The dividend has grown at 1.8% per year over the past 8 years. The consensus 12-month price target for Sarana Menara Nusantara Tbk PT is 810.90 IDR, about 141.3% above where the stock trades today. Of 16 analysts, 14 rate the stock a buy — an overall Buy consensus.

Sarana Menara Nusantara Tbk PT stock price

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Sarana Menara Nusantara Tbk PT business model & stock analysis

Sarana Menara Nusantara Tbk PT is a leading telecommunications infrastructure operator in Indonesia. The company was established in 2008 and is headquartered in Jakarta, the center of economic growth in Indonesia. The history of Sarana Menara Nusantara began with the vision to take a leading role in providing telecommunications infrastructure in Indonesia and supporting nationwide development. The company started as a joint venture between telecommunications firm Protelindo and infrastructure company Digital Nusantara. In 2013, the company successfully listed on the Indonesian stock exchange and is now part of the Jakarta Composite Index. Today, Sarana Menara Nusantara operates more than 30,000 cell towers in Indonesia, covering over 90% of the Indonesian population. The company also has subsidiaries specialized in the construction and maintenance of telecommunications infrastructure. Additionally, Sarana Menara Nusantara has partnerships with several major mobile network operators and internet service providers in Indonesia to offer comprehensive telecommunications solutions to its customers. The business model of Sarana Menara Nusantara is based on a build-to-suit model, aiming to meet the infrastructure needs of telecommunications companies in Indonesia. Under this model, Sarana Menara Nusantara constructs customized structures tailored to the needs of telecommunications providers. The companies then lease the space provided by Sarana Menara Nusantara to install their telecommunications equipment and facilities. Sarana Menara Nusantara has various business segments, including tower ownership and operation, site rental to telecommunications companies, and the sale of maintenance and security services to customers. The company is committed to introducing new technologies and expanding its products and services to remain competitive in a challenging market. The products and services offered by Sarana Menara Nusantara to its customers include site management, maintenance services, security services, site development and design, as well as permit and license management. Additionally, the company also provides network optimization and integration services to enhance the quality and performance of its customers' telecommunications infrastructure. Considering the growth and increasing demand for telecommunications infrastructure in Indonesia, the potential for Sarana Menara Nusantara is immense. The company aims to increase its market share in a rapidly developing market and solidify its position as a leading telecommunications infrastructure operator in Indonesia.

Frequently asked questions about Sarana Menara Nusantara Tbk PT

The business model of Sarana Menara Nusantara Tbk PT is primarily focused on being a provider of telecommunication infrastructure services in Indonesia. The company strategically acquires, develops, leases, and manages telecommunications towers and supporting infrastructure. By offering these services, Sarana Menara Nusantara plays a crucial role in supporting the growth of telecommunication operators by providing them with solutions for expanding their network coverage. This enables the company to generate revenue through long-term lease agreements with telecommunication operators. Sarana Menara Nusantara's business model aligns with the increasing demand for reliable and efficient communication services in Indonesia, positioning itself as a leader in the telecommunications infrastructure sector.

Sarana Menara Nusantara Tbk PT is primarily active in the telecommunication infrastructure industry.

The main competitors of Sarana Menara Nusantara Tbk PT in the market are Tower Bersama Infrastructure Tbk PT and Solusi Tunas Pratama Tbk PT.

Sarana Menara Nusantara Tbk PT, commonly known as Sarana Menara or SMN, is a leading telecommunications infrastructure provider in Indonesia. Founded in 2008, the company operates and leases telecommunication towers to various telecommunications operators across the country. With a robust portfolio of over 19,000 towers, Sarana Menara plays a crucial role in supporting wireless communication services in Indonesia. The company has continuously expanded its tower network through strategic acquisitions and partnerships, establishing itself as a trusted player in the industry. Sarana Menara Nusantara Tbk PT's commitment to delivering reliable and advanced infrastructure solutions has contributed to its strong position in the Indonesian telecommunications market.

Sarana Menara Nusantara Tbk PT has achieved several significant milestones. Firstly, the company has successfully grown its portfolio to become one of the largest independent tower companies in Indonesia. It currently operates and manages more than 17,000 telecommunication towers nationwide. Additionally, Sarana Menara Nusantara Tbk PT has demonstrated consistent revenue growth over the years, showcasing its strong market position. Furthermore, the company has formed strategic partnerships with prominent telecommunication operators, reinforcing its competitive advantage in the industry. These achievements reflect Sarana Menara Nusantara Tbk PT's commitment to expanding its tower infrastructure and providing excellent services to meet the increasing demands of the telecommunications market in Indonesia.

Sarana Menara Nusantara Tbk PT is primarily present in Indonesia.

Sarana Menara Nusantara Tbk PT represents strong values and a dedicated corporate philosophy. With a focus on providing exceptional telecommunications infrastructure services, the company has built a reputation for reliability, innovation, and customer satisfaction. Sarana Menara Nusantara Tbk PT is committed to delivering high-quality and cutting-edge solutions to meet the evolving needs of the telecommunications industry. By prioritizing values such as integrity, professionalism, and continuous improvement, the company strives to exceed expectations and drive sustainable growth. With a customer-centric approach and a dedication to excellence, Sarana Menara Nusantara Tbk PT remains a trusted leader in the telecommunications sector.

Analysts currently set an average price target of 846.60 IDR for the Sarana Menara Nusantara Tbk PT stock (median: 810.90 IDR), implying +146.1 % versus the latest price. The consensus is based on 16 analyst ratings.

16 analysts currently rate the Sarana Menara Nusantara Tbk PT stock: 14 recommend buying, 2 holding and 0 selling. For 2026, analysts expect Sarana Menara Nusantara Tbk PT to generate revenue of 14.34 T IDR and earnings per share of 56.41 IDR.

Converted at the current exchange rate, the Sarana Menara Nusantara Tbk PT share trades at 0.02 EUR (336.00 IDR).

Sarana Menara Nusantara Tbk PT is a leading telecommunications infrastructure company in Indonesia. It was founded in 2008 and is headquartered in Jakarta, Indonesia. The company operates and rents out telecommunication towers used by mobile network operators and other service providers to deliver their services to end customers. The business model of Sarana Menara Nusantara Tbk PT is based on renting out telecommunication towers to mobile network operators and other service providers. The company operates and manages around 28,000 telecommunication towers in Indonesia and is the largest tower operator in the country. The company offers various services in the field of telecommunications infrastructure, including the construction, rental, and maintenance of telecommunication masts and towers. Additionally, the company provides services such as installation and operation of base station equipment, monitoring services, as well as maintenance and repair services. Sarana Menara Nusantara Tbk PT operates in three main business segments: tower rental, telecommunications services, and energy supply. Tower rental is the core area of the company where it rents out its telecommunication towers to mobile network operators and other service providers. The telecommunications services segment includes the installation and operation of base station equipment, as well as monitoring, maintenance, and repair services. The energy supply segment is responsible for powering the telecommunication towers. The company has a strong competitive position in the Indonesian market, with only a few other providers of telecommunications infrastructure dominating the market. Moreover, the business is very stable as mobile network operators and other service providers rely on the telecommunications infrastructure to maintain their operations. The company has also built strong relationships with its customers, as it has been in business for many years and offers high-quality services. The company has strong growth potential as Indonesia is one of the most populous countries in the world and has a growing demand for telecommunications services. Additionally, the company has expanded its market presence through acquisitions and mergers in recent years. Sarana Menara Nusantara Tbk PT offers a wide range of products and services tailored to the specific requirements of its customers. The company has a high capacity to build and operate different types of telecommunications masts and towers. It also provides various services to ensure smooth operation of its customers' telecommunications infrastructure. Overall, Sarana Menara Nusantara Tbk PT is a leading telecommunications infrastructure company in Indonesia that offers a wide range of products and services. The company is able to meet the specific requirements of its customers and deliver high-quality services. It also has strong growth potential as it operates in a market that will continue to grow in the coming years.

The expected revenue of Sarana Menara Nusantara Tbk PT is 14.34 T IDR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Sarana Menara Nusantara Tbk PT is 3.28 T IDR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Sarana Menara Nusantara Tbk PT is currently 5.96. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Sarana Menara Nusantara Tbk PT stock.

The price-to-sales ratio (P/S) of Sarana Menara Nusantara Tbk PT is currently 1.36. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Sarana Menara Nusantara Tbk PT stock.

The Eulerpool Quality Score for Sarana Menara Nusantara Tbk PT is 5/10.

The ISIN of Sarana Menara Nusantara Tbk PT is ID1000128804. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Sarana Menara Nusantara Tbk PT is A1W2WH. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Sarana Menara Nusantara Tbk PT is TOWR.JK. The ticker symbol is used to trade Sarana Menara Nusantara Tbk PT shares on the stock exchange.

Fair ValueTerminal
336.00 IDR
Over-/UndervaluationTerminal
Fairly valued
Industry
Diversified Telecommunication Services
Number of shares
Employees
Revenue per Employee
9.27 B IDR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website ptsmn.co.id
Country
Indonesia
Currency
IDR
Initial public offering
Mar 8, 2010
ISIN
ID1000128804
Cusip
Y71369113
Sedol
BCDBLX3
Market capitalization
16.74 T IDRMega Cap
52-Week Range
PEG
1.30
P/E ratio
P/Ee 2026
5.10
P/Ee 2027
4.78
P/Ee 2028
4.47
P/Ee 2029
4.35
P/Ee 2030
—
P/S
P/Se
1.36
EV/EBIT
8.54
P/B Ratio
0.62
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
5.10 %
Dividend
Dividend yield
6.78 %
Est. Dividend Yield
4.10 %
Payout Ratio
36.03 %
Dividend growth Ø5Y
—
Dividend payments per year
4
Dividend paid since
9 years
Dividend not reduced since
1 year
Dividend increased since
1 year
Dividend withholding tax
20.00 %
Last updated Nov 5, 2026, 4:27 PM

Sarana Menara Nusantara Tbk PT Peer Group

Sarana Menara Nusantara Tbk PT Ticker

JKT · TOWR.JKOTC · SMNUF

Sarana Menara Nusantara Tbk PT FIGI

TOWR:IJ · BBG000J65T60SMNUF:US · BBG001BKMNM1SMNUF:PQ · BBG001BKMP28SMNUF:UV · BBG001BKMP46TOWRIDR:EO · BBG01GVSQ918TOWRIDR:X2 · BBG01GVSQ927TOWRIDR:XH · BBG01GVSQ945TOWRIDR:XF · BBG01GVSQ963TOWRIDR:XE · BBG01GVSQ981TOWRIDR:XJ · BBG01GVSQ990TOWRIDR:XL · BBG01GVSQ9B7TOWRIDR:XG · BBG01GVSQ9C6