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PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) ROE % : 15.86% (As of Dec. 2023)


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What is PT Tower Bersama Infrastructure Tbk ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT Tower Bersama Infrastructure Tbk's annualized net income for the quarter that ended in Dec. 2023 was $114.7 Mil. PT Tower Bersama Infrastructure Tbk's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $722.8 Mil. Therefore, PT Tower Bersama Infrastructure Tbk's annualized ROE % for the quarter that ended in Dec. 2023 was 15.86%.

The historical rank and industry rank for PT Tower Bersama Infrastructure Tbk's ROE % or its related term are showing as below:

PTFRF' s ROE % Range Over the Past 10 Years
Min: 14.15   Med: 20.33   Max: 99.76
Current: 14.15

During the past 13 years, PT Tower Bersama Infrastructure Tbk's highest ROE % was 99.76%. The lowest was 14.15%. And the median was 20.33%.

PTFRF's ROE % is ranked better than
71.08% of 370 companies
in the Telecommunication Services industry
Industry Median: 6.995 vs PTFRF: 14.15

PT Tower Bersama Infrastructure Tbk ROE % Historical Data

The historical data trend for PT Tower Bersama Infrastructure Tbk's ROE % 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 Tower Bersama Infrastructure Tbk ROE % Chart

PT Tower Bersama Infrastructure Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.92 14.66 17.13 15.94 14.29

PT Tower Bersama Infrastructure Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.20 12.27 12.74 15.85 15.86

Competitive Comparison of PT Tower Bersama Infrastructure Tbk's ROE %

For the Telecom Services subindustry, PT Tower Bersama Infrastructure Tbk's ROE %, along with its competitors' market caps and ROE % 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 Tower Bersama Infrastructure Tbk's ROE % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Tower Bersama Infrastructure Tbk's ROE % distribution charts can be found below:

* The bar in red indicates where PT Tower Bersama Infrastructure Tbk's ROE % falls into.



PT Tower Bersama Infrastructure Tbk ROE % Calculation

PT Tower Bersama Infrastructure Tbk's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=101.213/( (656.629+759.866)/ 2 )
=101.213/708.2475
=14.29 %

PT Tower Bersama Infrastructure Tbk's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=114.664/( (685.813+759.866)/ 2 )
=114.664/722.8395
=15.86 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


PT Tower Bersama Infrastructure Tbk  (OTCPK:PTFRF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=114.664/722.8395
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(114.664 / 437.936)*(437.936 / 2932.5545)*(2932.5545 / 722.8395)
=Net Margin %*Asset Turnover*Equity Multiplier
=26.18 %*0.1493*4.057
=ROA %*Equity Multiplier
=3.91 %*4.057
=15.86 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=114.664/722.8395
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (114.664 / 142.708) * (142.708 / 266.928) * (266.928 / 437.936) * (437.936 / 2932.5545) * (2932.5545 / 722.8395)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8035 * 0.5346 * 60.95 % * 0.1493 * 4.057
=15.86 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


PT Tower Bersama Infrastructure Tbk ROE % Related Terms

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PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Business Description

Traded in Other Exchanges
Address
Jl. H.R Rasuna Said, Kawasan Rasuna Epicentrum, Jakarta Selatan, The Convergence Indonesia 11th Floor, Jakarta, IDN, 12940
PT Tower Bersama Infrastructure Tbk is a provider of coverage solutions. The firm's primary business is leasing space for antennas and other equipment for wireless signal transmission to telecommunication operators. PT Tower Bersama's other services include network planning, land acquisition and site licensing, infrastructure design and construction, network installation and project management, network expansion rollouts, and ongoing servicing. The Company also provides telecommunications operators with access to its Distributed Antennae System networks in shopping malls and office buildings in urban areas. A majority of the firm's revenue is generated in Indonesia.

PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Headlines

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