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PT Telkom Indonesia (Persero) Tbk (PT Telkom Indonesia (Persero) Tbk) ROE % : 17.45% (As of Mar. 2024)


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

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. 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 Total Stockholders Equity over the quarter that ended in Mar. 2024 was $9,000 Mil. Therefore, PT Telkom Indonesia (Persero) Tbk's annualized ROE % for the quarter that ended in Mar. 2024 was 17.45%.

The historical rank and industry rank for PT Telkom Indonesia (Persero) Tbk's ROE % or its related term are showing as below:

TLK' s ROE % Range Over the Past 10 Years
Min: 16.53   Med: 21.25   Max: 25.05
Current: 18.02

During the past 13 years, PT Telkom Indonesia (Persero) Tbk's highest ROE % was 25.05%. The lowest was 16.53%. And the median was 21.25%.

TLK's ROE % is ranked better than
79.19% of 370 companies
in the Telecommunication Services industry
Industry Median: 6.855 vs TLK: 18.02

PT Telkom Indonesia (Persero) Tbk ROE % Historical Data

The historical data trend for PT Telkom Indonesia (Persero) 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 Telkom Indonesia (Persero) Tbk ROE % Chart

PT Telkom Indonesia (Persero) 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 19.60 20.68 22.09 15.75 18.63

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
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 19.82 19.55 20.86 14.86 17.45

Competitive Comparison of PT Telkom Indonesia (Persero) Tbk's ROE %

For the Telecom Services subindustry, PT Telkom Indonesia (Persero) 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 Telkom Indonesia (Persero) Tbk's ROE % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Telkom Indonesia (Persero) Tbk's ROE % distribution charts can be found below:

* The bar in red indicates where PT Telkom Indonesia (Persero) Tbk's ROE % falls into.



PT Telkom Indonesia (Persero) Tbk ROE % Calculation

PT Telkom Indonesia (Persero) 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 )
=1584.523/( (8214.608+8794.499)/ 2 )
=1584.523/8504.5535
=18.63 %

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

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=1570.576/( (8794.499+9205.825)/ 2 )
=1570.576/9000.162
=17.45 %

* 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 (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


PT Telkom Indonesia (Persero) Tbk  (NYSE:TLK) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=1570.576/9000.162
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1570.576 / 9711.728)*(9711.728 / 18637.3895)*(18637.3895 / 9000.162)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.17 %*0.5211*2.0708
=ROA %*Equity Multiplier
=8.43 %*2.0708
=17.45 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=1570.576/9000.162
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1570.576 / 2631.812) * (2631.812 / 2940.84) * (2940.84 / 9711.728) * (9711.728 / 18637.3895) * (18637.3895 / 9000.162)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5968 * 0.8949 * 30.28 % * 0.5211 * 2.0708
=17.45 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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 Telkom Indonesia (Persero) Tbk ROE % Related Terms

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

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