TLK (PT Telkom Indonesia (Persero) Tbk) Equity-to-Asset: 0.39 (As of Jun. 2026) — 15% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TLK PT Telkom Indonesia (Persero) Tbk TLK
69 GF Score
Price $14.65
GF Value $17.44
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is PT Telkom Indonesia (Persero) Tbk Equity-to-Asset?

PT Telkom Indonesia (Persero) Tbk TLK +0.07% 69 Equity-to-Asset is 0.39 as of Jun. 2026, which is 15% below its 10-year median of 0.46. GuruFocus rates TLK with a GF Score™ of 69/100 and a GF Value™ of $17.44 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 369 Telecommunication Services companies, PT Telkom Indonesia (Persero) Tbk ranks better than 50.41% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PT Telkom Indonesia (Persero) Tbk's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $6,604 Mil. PT Telkom Indonesia (Persero) Tbk's Total Assets for the quarter that ended in Jun. 2026 was $16,916 Mil. Therefore, PT Telkom Indonesia (Persero) Tbk's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.39.

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

TLK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.46   Max: 0.49
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of PT Telkom Indonesia (Persero) Tbk was 0.49. The lowest was 0.37. And the median was 0.46.

TLK's Equity-to-Asset is ranked better than
50.41% of 369 companies
in the Telecommunication Services industry
Industry Median: 0.39 vs TLK: 0.39

PT Telkom Indonesia (Persero) Tbk  (NYSE:TLK) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


PT Telkom Indonesia (Persero) Tbk Equity-to-Asset Related Terms


PT Telkom Indonesia (Persero) Tbk Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for PT Telkom Indonesia (Persero) Tbk's Equity-to-Asset 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.

PT Telkom Indonesia (Persero) Tbk Equity-to-Asset Chart

PT Telkom Indonesia (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.47 0.46 0.46 0.45

PT Telkom Indonesia (Persero) Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset 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 0.45 0.47 0.45 0.46 0.39

TLK vs VZ, TMUS, T: Equity-to-Asset Comparison

For the Telecom Services subindustry, PT Telkom Indonesia (Persero) Tbk's Equity-to-Asset, along with its competitors' market caps and Equity-to-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 Equity-to-Asset vs Telecommunication Services Industry

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

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


TLK
69GF Score
PT Telkom Indonesia (Persero) Tbk TLK
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Telkom Indonesia (Persero) Tbk Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

PT Telkom Indonesia (Persero) Tbk's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=7790.147/17195.053
=0.45

PT Telkom Indonesia (Persero) Tbk's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=6604.476/16916.083
=0.39

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.39 mean?
PT Telkom Indonesia (Persero) Tbk (TLK) has a Equity-to-Asset of 0.39 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PT Telkom Indonesia (Persero) Tbk and its competitors. This is 15% below median its historical median of 0.46. Over the past decade, PT Telkom Indonesia (Persero) Tbk's Equity-to-Asset has ranged from 0.37 to 0.49. According to the industry distribution chart, PT Telkom Indonesia (Persero) Tbk ranks #183 out of 369 companies in the Telecommunication Services industry, placing it in the top 49.6%.
Is PT Telkom Indonesia (Persero) Tbk's Equity-to-Asset too high?
PT Telkom Indonesia (Persero) Tbk's current Equity-to-Asset of 0.39 is 15% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.49. The Telecommunication Services industry median Equity-to-Asset is 0.39. PT Telkom Indonesia (Persero) Tbk's value of 0.39 is 0% at this industry median. Based on the distribution chart, PT Telkom Indonesia (Persero) Tbk ranks #183 out of 369 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, PT Telkom Indonesia (Persero) Tbk has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Telkom Indonesia (Persero) Tbk's Equity-to-Asset compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, PT Telkom Indonesia (Persero) Tbk ranks #183 out of 369 companies for Equity-to-Asset. This puts PT Telkom Indonesia (Persero) Tbk in the upper half of its industry. The industry median Equity-to-Asset is 0.39. PT Telkom Indonesia (Persero) Tbk's value of 0.39 is 0% at this benchmark. Historically, PT Telkom Indonesia (Persero) Tbk's own Equity-to-Asset has ranged from 0.37 to 0.49 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.39, PT Telkom Indonesia (Persero) Tbk has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Telecommunication Services company?
The median Equity-to-Asset among Telecommunication Services companies is 0.39, based on 369 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Telkom Indonesia (Persero) Tbk's current Equity-to-Asset of 0.39 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PT Telkom Indonesia (Persero) Tbk and its competitors. For the Telecommunication Services industry, the median Equity-to-Asset is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Telkom Indonesia (Persero) Tbk's current Equity-to-Asset is 0.39, which is 15% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Telkom Indonesia (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Telkom Indonesia (Persero) Tbk (TLK) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.44, compared to a current price of $14.65 — trading 16% below its estimated fair value. The current Equity-to-Asset is 0.39, which is 15% below median its 10-year median of 0.46 and 0% at the Telecommunication Services industry median of 0.39. PT Telkom Indonesia (Persero) Tbk's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For PT Telkom Indonesia (Persero) Tbk (TLK), the current Equity-to-Asset is 0.39 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Telkom Indonesia (Persero) Tbk (TLK) Overvalued in 2026?

Based on GuruFocus' analysis, PT Telkom Indonesia (Persero) Tbk stock appears to be undervalued. The current stock price of $14.65 is trading 16% below its estimated GF Value™ of $17.44. GuruFocus considers PT Telkom Indonesia (Persero) Tbk to be Modestly Undervalued.

Key valuation signals for TLK:

  • Equity-to-Asset: 0.39 (15% below median its 10-year median of 0.46)
  • GF Value™: $17.44 vs. price of $14.65 (16% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 0% at the Telecommunication Services median (#183 of 369)

No single metric tells the full story. See the TLK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Telkom Indonesia (Persero) Tbk Business Description

Address Jalan Japati No. 1, West Java, Bandung, IDN, 40133
PT Telkom Indonesia (Persero) Tbk is the integrated telecommunications provider in Indonesia. 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. It derives revenue from product lines: Mobile, Consumer, Enterprise, WIB, and Others. The firm has identified five reportable segments, namely B2C, B2B Infra, B2B ICT, International, and Others. The firm generates the majority of its revenue from the B2C segment.
69GF Score

Get the complete analysis for TLK

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.65
Price
$17.44
GF Value