PT Telkom Indonesia (Persero) Tbk (PT Telkom Indonesia (Persero) Tbk) Return-on-Tangible-Equity : 19.90% (As of Mar. 2024)

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What is PT Telkom Indonesia (Persero) Tbk Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. PT Telkom Indonesia (Persero) Tbk's annualized net income for the quarter that ended in Mar. 2024 was $1,571 Mil. PT Telkom Indonesia (Persero) Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $7,892 Mil. Therefore, PT Telkom Indonesia (Persero) Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 19.90%.

The historical rank and industry rank for PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Equity or its related term are showing as below:

TLK' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 18.73 Med: 23.32 Max: 26.39
Current: 20.59

During the past 13 years, PT Telkom Indonesia (Persero) Tbk's highest Return-on-Tangible-Equity was 26.39%. The lowest was 18.73%. And the median was 23.32%.

TLK's Return-on-Tangible-Equity is ranked better than
57.65% of 340 companies
in the Telecommunication Services industry
Industry Median: 13.125 vs TLK: 20.59

PT Telkom Indonesia (Persero) Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Equity can be seen below:

* 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.

* Premium members only.

PT Telkom Indonesia (Persero) Tbk Return-on-Tangible-Equity Chart

PT Telkom Indonesia (Persero) Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Return-on-Tangible-Equity

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21.93

23.78

25.24

17.85

21.18

PT Telkom Indonesia (Persero) Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Return-on-Tangible-Equity	Get a 7-Day Free Trial															22.50	22.39	23.95	16.98	19.90

Competitive Comparison of PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Equity

For the Telecom Services subindustry, PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Equity falls into.

PT Telkom Indonesia (Persero) Tbk Return-on-Tangible-Equity Calculation

PT Telkom Indonesia (Persero) Tbk's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	1584.523	/	( (7258.47	+	7701.349 )	/ 2 )
	=	1584.523	/	7479.9095
	=	21.18 %

PT Telkom Indonesia (Persero) Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	1570.576	/	( (7701.349	+	8081.863)	/ 2 )
	=	1570.576	/	7891.606
	=	19.90 %

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.

PT Telkom Indonesia (Persero) Tbk (NYSE:TLK) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.

Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.

PT Telkom Indonesia (Persero) Tbk Return-on-Tangible-Equity Related Terms

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PT Telkom Indonesia (Persero) Tbk (PT Telkom Indonesia (Persero) Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Telkom Indonesia (Persero) Tbk (NYSE:TLK) » Definitions » Return-on-Tangible-Equity

Comparable Companies

Traded in Other Exchanges

TLKMF:USA TLKM:Indonesia TCID:Germany T1LK34:Brazil

Address

Jalan Japati No. 1, West Java, Bandung, IDN, 40133

Website

https://www.telkom.co.id

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.