AD vs TLK vs TDS Stock Comparison

Array Digital Infrastructure, Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk and Telephone & Data Systems Prices as of Oct 27, 2026 Peers: Industry group

Head to Head

12 decided of 12

Array Digital Infrastructure leads on 7 of the 12 questions below (Array Digital Infrastructure 7, Telephone & Data Systems 4, Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionADTLKTDSLeader
Larger companyMarket capitalisation $2.80B $11.63B $4.11B TLK
Cheaper on earningsLower P/E, profitable companies only 5.2x — 11.7x AD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.1x 10.8x 9.2x AD
Faster revenue growthRevenue growth, trailing twelve months +98.9% — +3.8% AD
More profitableNet margin, trailing twelve months 250.8% — 27.7% AD
Better return on capitalReturn on invested capital 19.3% — 6.6% AD
Less leveragedLower net debt / EBITDA 0.5x — -1.8x TDS
Higher dividend yieldTrailing dividend yield 65.61% 10.48% 0.45% AD
Better 1-year returnPrice return, last 12 months -35.8% -41.6% -8.7% TDS
Better 5-year returnAnnualised price return, 5 years +1.0%/yr -14.8%/yr +13.9%/yr TDS
Less volatileAnnualised volatility, 1 year 45.8% 38.4% 30.6% TDS
Higher overall scoreMean of the five percentile scores vs peers 58/100 — 58/100 AD

Percentile Scorecard

ADTLKTDS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisADTLKTDS
Valuation 20 #9 of 11 – 52 #24 of 49
Growth 67 #4 of 10 – 59 #19 of 45
Profitability 44 #6 of 10 – 57 #20 of 45
Financial Health 100 #1 of 11 67 #17 of 49 98 #2 of 49
Shareholder Returns – 94 #3 of 37 22 #29 of 37
Overall 58 – 58
  • AD ranked among 11 companies in Infrastructure REITs
  • TLK ranked among 51 companies in Telecommunications
  • TDS ranked among 51 companies in Telecommunications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodADTLKTDSSPY
1 month -6.1%-12.0%-0.5% -0.2%
3 months -7.5%-18.5%+5.0% +3.9%
6 months -32.7%-29.6%-19.7% +8.2%
Year to date -39.6%-44.2%-12.9% +12.9%
1 year -35.8%-41.6%-8.7% +12.3%
3 years -21.7%-46.8%+100.6% +87.4%
3 years, per year -7.9%-19.0%+26.1% +23.3%
5 years +5.3%-55.1%+91.8% +67.9%
5 years, per year +1.0%-14.8%+13.9% +10.9%
10 years -10.0%-63.9%+35.4% +261.1%
10 years, per year -1.0%-9.7%+3.1% +13.7%

Risk

MeasureADTLKTDSSPY
Volatility, 1Y 45.8%38.4%30.6% 12.7%
Downside volatility, 1Y 57.7%44.4%30.7% 12.7%
Beta vs S&P 500, 1Y 0.200.600.51 1.00
Return / volatility, 1Y -0.78-1.08-0.28 0.97
Max drawdown, 5Y -57.9%-68.3%-68.4% -25.4%
From 52-week high -46.3%-49.9%-25.0% -1.2%
52-week high $60.28$23.43$47.59 $779.14
52-week low $32.39$10.44$32.96 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleADTLKTDS
P/E now vs peer median 5.2xmedian 24.2x —median 11.8x 11.7xmedian 11.8x
P/S now vs peer median 13.1xmedian 6.3x —median 1.1x 3.3xmedian 1.1x
EV/EBITDA now vs peer median 5.4xmedian 15.7x —median 6.8x 3.2xmedian 6.8x
P/FCF now vs peer median -8.3xmedian 18.2x —median 5.9x -9.7xmedian 5.9x
P/B now vs peer median 2.2xmedian 2.4x 0.0xmedian 1.2x 0.8xmedian 1.2x
PEG now vs peer median 0.03median 0.72 —median 0.24 0.15median 0.24

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsADTLKTDS
Revenue $213.53M – $1.26B
Gross profit $124.63M – $746.62M
Operating income $515.33M – $465.89M
Net income $539.97M – $544.60M
Free cash flow -$338.11M – -$424.28M
EPS (diluted) $6.19 – $3.00
Cash & equivalents $416.44M $54.58T $2.19B
Total debt $674.88M $135.75T $680.09M
Shares (diluted) 86.51M – 116.29M
Enterprise value $1.70B -$112.70T -$918.35M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricADTLKTDS
P/E 5.2x – 11.7x
P/FCF -8.3x – -9.7x
P/Operating cash flow -9.3x – 30.7x
P/S 13.1x – 3.3x
P/B 2.2x 0.0x 0.8x
P/Tangible book -8.7x 0.0x 1.1x
EV/EBITDA 5.4x – 3.2x
EV/EBIT 5.9x – 5.6x
EV/Revenue 14.3x – 2.1x
EV/FCF -9.0x – -6.1x
EV/Operating cash flow -10.1x – 19.4x
PEG (3Y EPS CAGR) 0.03 – 0.15

Growth

14 metrics
MetricADTLKTDS
Revenue growth (1Y) 98.9% – 3.8%
Revenue CAGR (3Y) -62.6% – -38.2%
Gross profit growth (1Y) 275.2% – 9.5%
Gross profit CAGR (3Y) -61.4% – -35.6%
Operating income growth (1Y) 317.3% – 360.1%
Operating income CAGR (3Y) 205.9% – 161.7%
Net income growth (1Y) 2,476% – 1,371%
Net income CAGR (3Y) 207.2% – 174.9%
EPS growth (1Y) 2,291% – 413.1%
EPS CAGR (3Y) 197.0% – 77.2%
Operating cash flow growth (1Y) -135.6% – -88.1%
Operating cash flow CAGR (3Y) -35.2% – -47.7%
Free cash flow growth (1Y) -131.0% – -139.9%
Free cash flow CAGR (3Y) -152.5% – -8.8%

Profitability

14 metrics
MetricADTLKTDS
Gross margin 58.4% – 59.4%
EBITDA margin 265.4% – 65.4%
Operating margin 241.3% – 37.0%
Pretax margin 373.7% – 61.4%
Net margin 250.8% – 27.7%
FCF margin -158.3% – -33.7%
Operating cash flow margin -141.8% – 10.6%
Return on equity 35.6% – 10.0%
Return on assets 15.2% – 6.4%
Return on invested capital 19.3% – 6.6%
Return on capital employed 16.1% – 6.1%
Asset turnover 0.1x – 0.2x
Cash conversion (OCF / net income) -0.6x – 0.2x
Stock comp / revenue 0.3% – 1.4%

Financial Health

11 metrics
MetricADTLKTDS
Debt / assets 20.0% 18.8% 8.1%
Debt / equity 0.5x 0.4x 0.1x
Net debt / EBITDA 0.5x – -1.8x
Debt / FCF -2.0x – -1.6x
Liabilities / assets 62.3% 55.5% 35.6%
Equity / assets 37.7% 44.5% 64.4%
Interest coverage 13.3x – 6.1x
Current ratio 1.0x 0.8x 3.8x
Quick ratio 0.9x 0.6x 3.7x
Cash ratio 0.9x 0.6x 3.6x
Altman Z-score 1.14 – 1.75

Shareholder Returns

7 metrics
MetricADTLKTDS
Dividend yield 65.6% 10.5% 0.4%
Net buyback yield – – –
Shareholder yield 65.6% 10.5% 0.4%
Payout ratio (earnings) 27.8% – 16.1%
Payout ratio (FCF) -44.4% – -20.6%
Dividend growth (1Y) – – 0.5%
Dividend CAGR (3Y) – – -16.6%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusADTLKTDS
Forward P/E 5.1xFY2026 10.8xFY2026 9.2xFY2026
EPS, next fiscal year $6.38FY2026 $1.09FY2026 $3.90FY2026
EPS growth, next FY +1,039.3%FY2026 +9.0%FY2026 –
EPS growth, the year after -81.8% +9.2% -94.6%
Revenue, next fiscal year $220.29MFY2026 $8.21BFY2026 $1.32BFY2026
Revenue growth, next FY +35.2%FY2026 +0.3%FY2026 +7.2%FY2026
Revenue growth, the year after -1.4% +11.7% -8.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersADTLKTDS
Held by institutions 20.6% 6.3% 92.5%
Institutions holding 140 209 348
Change in shares held, QoQ -7.9% +7.8% +5.4%
Institutions buying 69 101 182
Institutions selling 46 76 113
Buyers to sellers 1.50 1.33 1.61

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ADTLKTDS
AD 1.00 0.11 0.44
TLK 0.11 1.00 0.20
TDS 0.44 0.20 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AD, TLK and TDS?

Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk (TLK) is the largest by market capitalisation: Array Digital Infrastructure (AD) $2.80B, Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk (TLK) $11.63B, Telephone & Data Systems (TDS) $4.11B.

Which stock is cheaper, AD, TLK and TDS?

Array Digital Infrastructure (AD) trades on the lowest price-to-earnings ratio (Array Digital Infrastructure (AD) 5.2x, Telephone & Data Systems (TDS) 11.7x). On next year's consensus earnings, Array Digital Infrastructure (AD) is cheapest (Array Digital Infrastructure (AD) 5.1x, Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk (TLK) 10.8x, Telephone & Data Systems (TDS) 9.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Array Digital Infrastructure (AD) grew revenue fastest over the trailing twelve months: Array Digital Infrastructure (AD) +98.9%, Telephone & Data Systems (TDS) +3.8%.

Which company is more profitable?

Array Digital Infrastructure (AD) has the highest net margin (Array Digital Infrastructure (AD) 250.8%, Telephone & Data Systems (TDS) 27.7%). On return on invested capital, Array Digital Infrastructure (AD) leads (Array Digital Infrastructure (AD) 19.3%, Telephone & Data Systems (TDS) 6.6%).

Which stock has performed better?

Over the past year Telephone & Data Systems (TDS) returned the most: Array Digital Infrastructure (AD) -35.8%, Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk (TLK) -41.6%, Telephone & Data Systems (TDS) -8.7%. Over five years, Telephone & Data Systems (TDS) compounded fastest (Array Digital Infrastructure (AD) +1.0%/yr, Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk (TLK) -14.8%/yr, Telephone & Data Systems (TDS) +13.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Array Digital Infrastructure (AD) has the highest dividend yield: Array Digital Infrastructure (AD) 65.61%, Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk (TLK) 10.48%, Telephone & Data Systems (TDS) 0.45%.

Which stock is riskier?

By one-year price volatility, Telephone & Data Systems (TDS) has been the steadiest (Array Digital Infrastructure (AD) 45.8%, Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk (TLK) 38.4%, Telephone & Data Systems (TDS) 30.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AD, TLK and TDS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Array Digital Infrastructure (AD) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.