PT Telkom Indonesia (Persero) Tbk (PT Telkom Indonesia (Persero) Tbk) ROCE % : 20.85% (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is PT Telkom Indonesia (Persero) Tbk ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. PT Telkom Indonesia (Persero) Tbk's annualized ROCE % for the quarter that ended in Mar. 2024 was 20.85%.

PT Telkom Indonesia (Persero) Tbk ROCE % Historical Data

The historical data trend for PT Telkom Indonesia (Persero) Tbk's ROCE % 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 ROCE % Chart

PT Telkom Indonesia (Persero) Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

26.77

24.74

24.88

18.70

21.92

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
ROCE %	Get a 7-Day Free Trial															22.83	23.30	23.97	18.71	20.85

PT Telkom Indonesia (Persero) Tbk ROCE % Calculation

PT Telkom Indonesia (Persero) Tbk's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	2954.528	/	( ( (17469.773 - 4464.751)	+	(18590.555 - 4634.86) )	/ 2 )
	=	2954.528	/	( (13005.022	+	13955.695)	/ 2 )
	=	2954.528	/	13480.3585
	=	21.92 %

PT Telkom Indonesia (Persero) Tbk's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	2942.916	/	( ( (18590.555 - 4634.86)	+	(18684.224 - 4405.293) )	/ 2 )
	=	2942.916	/	( ( 13955.695	+	14278.931 )	/ 2 )
	=	2942.916	/	14117.313
	=	20.85 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

PT Telkom Indonesia (Persero) Tbk (NYSE:TLK) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

PT Telkom Indonesia (Persero) Tbk ROCE % Related Terms

Thank you for viewing the detailed overview of PT Telkom Indonesia (Persero) Tbk's ROCE % 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

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Telkom Indonesia (Persero) Tbk (NYSE:TLK) » Definitions » ROCE %

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.