The historical rank and industry rank for PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Asset or its related term are showing as below:
TLK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.95 Med: 9.67 Max: 12
Current: 9
During the past 13 years, PT Telkom Indonesia (Persero) Tbk's highest Return-on-Tangible-Asset was 12.00%. The lowest was 7.95%. And the median was 9.67%.
TLK's Return-on-Tangible-Asset is ranked better than 79.43% of 389
companies
in the Telecommunication Services industry
Industry Median: 3.01
vs TLK: 9.00
PT Telkom Indonesia (Persero) Tbk Return-on-Tangible-Asset Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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PT Telkom Indonesia (Persero) Tbk Return-on-Tangible-Asset Chart
Competitive Comparison of PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Asset
For the Telecom Services subindustry, PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Asset Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Asset falls into.
PT Telkom Indonesia (Persero) Tbk Return-on-Tangible-Asset Calculation
PT Telkom Indonesia (Persero) Tbk's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2024) net income data.
PT Telkom Indonesia (Persero) Tbk (NYSE:TLK) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
PT Telkom Indonesia (Persero) Tbk Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Telkom Indonesia (Persero) Tbk (PT Telkom Indonesia (Persero) Tbk) Business Description
PT Telkom Indonesia (Persero) Tbk is the largest integrated telecommunications provider in Indonesia. It is the principal provider of fixed-line services in Indonesia, and its 65%-owned subsidiary, Telkomsel, is the largest wireless carrier in the country, with about 48% market share. It also provides a wide range of other communication services, including telephone network, interconnection services, multimedia, data and internet communication-related services, satellite transponder leasing, leased line, intelligent network and related services, cable television, and VoIP services.
PT Telkom Indonesia (Persero) Tbk (PT Telkom Indonesia (Persero) Tbk) Headlines
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