PT Telkom Indonesia (Persero) TbkTLKMF 55 Return-on-Tangible-Asset is 6.39% as of Mar. 2026, which is 30% below its 10-year median of 9.09. GuruFocus rates TLKMF with a GF Score™ of 55/100 and a GF Value™ of $0.16 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 366 Telecommunication Services companies, PT Telkom Indonesia (Persero) Tbk ranks better than 62.84% on this metric.
The historical rank and industry rank for PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Asset or its related term are showing as below:
TLKMF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.94 Med: 9.09 Max: 12
Current: 5.94
During the past 13 years, PT Telkom Indonesia (Persero) Tbk's highest Return-on-Tangible-Asset was 12.00%. The lowest was 5.94%. And the median was 9.09%.
TLKMF's Return-on-Tangible-Asset is ranked better than 62.84% of 366
companies
in the Telecommunication Services industry
Industry Median: 3.43
vs TLKMF: 5.94
PT Telkom Indonesia (Persero) Tbk (OTCPK:TLKMF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
PT Telkom Indonesia (Persero) Tbk Return-on-Tangible-Asset Related Terms
PT Telkom Indonesia (Persero) Tbk Return-on-Tangible-Asset Historical Data
* 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 Return-on-Tangible-Asset Chart
TLKMF vs TMUS, VZ, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Asset falls into.
* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.39% mean?
PT Telkom Indonesia (Persero) Tbk (TLKMF) has a Return-on-Tangible-Asset of 6.39% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PT Telkom Indonesia (Persero) Tbk and its competitors. This is 30% below median its historical median of 9.09. Over the past decade, PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Asset has ranged from 5.94 to 12.00. According to the industry distribution chart, PT Telkom Indonesia (Persero) Tbk ranks #136 out of 366 companies in the Telecommunication Services industry, placing it in the top 37.2%.
Is PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Asset too high?
PT Telkom Indonesia (Persero) Tbk's current Return-on-Tangible-Asset of 6.39% is 30% below median its 10-year median of 9.09. Over the past 10 years, this metric has ranged from a low of 5.94 to a high of 12.00. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.43. PT Telkom Indonesia (Persero) Tbk's value of 6.39% is 86.3% above this industry median. Based on the distribution chart, PT Telkom Indonesia (Persero) Tbk ranks #136 out of 366 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, PT Telkom Indonesia (Persero) Tbk has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Asset compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, PT Telkom Indonesia (Persero) Tbk ranks #136 out of 366 companies for Return-on-Tangible-Asset. This puts PT Telkom Indonesia (Persero) Tbk in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.43. PT Telkom Indonesia (Persero) Tbk's value of 6.39% is 86.3% above this benchmark. Historically, PT Telkom Indonesia (Persero) Tbk's own Return-on-Tangible-Asset has ranged from 5.94 to 12.00 over the past decade. While the company's 10-year median is 9.09 vs. the industry median of 3.43, PT Telkom Indonesia (Persero) Tbk has consistently been above 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 Return-on-Tangible-Asset for a Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.43, based on 366 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-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 Return-on-Tangible-Asset of 6.39% is 86.3% above 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PT Telkom Indonesia (Persero) Tbk and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Telkom Indonesia (Persero) Tbk's current Return-on-Tangible-Asset is 6.39%, which is 30% below median its own 10-year median of 9.09. 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 (TLKMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.16, compared to a current price of $0.13 — trading 21% below its estimated fair value. The current Return-on-Tangible-Asset is 6.39%, which is 30% below median its 10-year median of 9.09 and 86.3% above the Telecommunication Services industry median of 3.43. PT Telkom Indonesia (Persero) Tbk's overall GF Score™ is 55/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For PT Telkom Indonesia (Persero) Tbk (TLKMF), the current Return-on-Tangible-Asset is 6.39% as of Mar. 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 (TLKMF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Telkom Indonesia (Persero) Tbk stock appears to be undervalued.
The current stock price of $0.13 is trading 21% below its estimated GF Value™ of $0.16.
GuruFocus considers PT Telkom Indonesia (Persero) Tbk to be Modestly Undervalued.
Key valuation signals for TLKMF:
Return-on-Tangible-Asset: 6.39% (30% below median its 10-year median of 9.09)
GF Value™: $0.16 vs. price of $0.13 (21% below fair value)
Industry Position: 86.3% above the Telecommunication Services median (#136 of 366)
No single metric tells the full story. See the TLKMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Telkom Indonesia (Persero) Tbk Business Description
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.
55GF Score
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