PT Telkom Indonesia (Persero) Tbk (BSP:T1LK34) Return-on-Tangible-Equity: 22.34% (As of Jun. 2026) — Near Median

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BSP:T1LK34 PT Telkom Indonesia (Persero) Tbk BSP:T1LK34
63 GF Score
Price R$37.08
GF Value R$46.65
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Telkom Indonesia (Persero) Tbk Return-on-Tangible-Equity?

PT Telkom Indonesia (Persero) Tbk BSP:T1LK34 63 Return-on-Tangible-Equity is 22.34% as of Jun. 2026, which is 7% above its 10-year median of 20.86. GuruFocus rates BSP:T1LK34 with a GF Score™ of 63/100 and a GF Value™ of R$46.65 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 328 Telecommunication Services companies, PT Telkom Indonesia (Persero) Tbk ranks worse than 51.52% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. PT Telkom Indonesia (Persero) Tbk's annualized net income for the quarter that ended in Jun. 2026 was R$7,183 Mil. PT Telkom Indonesia (Persero) Tbk's average shareholder tangible equity for the quarter that ended in Jun. 2026 was R$32,155 Mil. Therefore, PT Telkom Indonesia (Persero) Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 22.34%.

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

BSP:T1LK34' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.8   Med: 20.86   Max: 26.39
Current: 13.8

During the past 13 years, PT Telkom Indonesia (Persero) Tbk's highest Return-on-Tangible-Equity was 26.39%. The lowest was 13.80%. And the median was 20.86%.

BSP:T1LK34's Return-on-Tangible-Equity is ranked worse than
51.52% of 328 companies
in the Telecommunication Services industry
Industry Median: 14.525 vs BSP:T1LK34: 13.80

PT Telkom Indonesia (Persero) Tbk  (BSP:T1LK34) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


PT Telkom Indonesia (Persero) Tbk Return-on-Tangible-Equity Related Terms


PT Telkom Indonesia (Persero) Tbk Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

PT Telkom Indonesia (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.33 17.27 19.61 21.27 14.15

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
Return-on-Tangible-Equity 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 15.94 17.89 5.92 14.82 22.34

BSP:T1LK34 vs VZ, TMUS, T: Return-on-Tangible-Equity Comparison

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

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

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


BSP:T1LK34
63GF Score
PT Telkom Indonesia (Persero) Tbk BSP:T1LK34
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Telkom Indonesia (Persero) Tbk Return-on-Tangible-Equity Calculation

PT Telkom Indonesia (Persero) Tbk's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=5710.039/( (44116.711+36598.654 )/ 2 )
=5710.039/40357.6825
=14.15 %

PT Telkom Indonesia (Persero) Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=7182.912/( (35814.685+28496.28)/ 2 )
=7182.912/32155.4825
=22.34 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 22.34% mean?
PT Telkom Indonesia (Persero) Tbk (BSP:T1LK34) has a Return-on-Tangible-Equity of 22.34% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on PT Telkom Indonesia (Persero) Tbk and its competitors. This is near median its historical median of 20.86. Over the past decade, PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Equity has ranged from 13.80 to 26.39. According to the industry distribution chart, PT Telkom Indonesia (Persero) Tbk ranks #169 out of 328 companies in the Telecommunication Services industry, placing it in the top 51.5%.
Is PT Telkom Indonesia (Persero) Tbk's Return-on-Tangible-Equity too high?
PT Telkom Indonesia (Persero) Tbk's current Return-on-Tangible-Equity of 22.34% is near median its 10-year median of 20.86. Over the past 10 years, this metric has ranged from a low of 13.80 to a high of 26.39. The Telecommunication Services industry median Return-on-Tangible-Equity is 14.53. PT Telkom Indonesia (Persero) Tbk's value of 22.34% is 53.8% above this industry median. Based on the distribution chart, PT Telkom Indonesia (Persero) Tbk ranks #169 out of 328 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, PT Telkom Indonesia (Persero) Tbk has a GF Score™ of 63/100 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-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, PT Telkom Indonesia (Persero) Tbk ranks #169 out of 328 companies for Return-on-Tangible-Equity. This places PT Telkom Indonesia (Persero) Tbk in the lower half of its industry. The industry median Return-on-Tangible-Equity is 14.53. PT Telkom Indonesia (Persero) Tbk's value of 22.34% is 53.8% above this benchmark. Historically, PT Telkom Indonesia (Persero) Tbk's own Return-on-Tangible-Equity has ranged from 13.80 to 26.39 over the past decade. While the company's 10-year median is 20.86 vs. the industry median of 14.53, 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-Equity for a Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.53, based on 328 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity of 22.34% is 53.8% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on PT Telkom Indonesia (Persero) Tbk and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.53 — 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-Equity is 22.34%, which is near median its own 10-year median of 20.86. 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 (BSP:T1LK34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$46.65, compared to a current price of R$37.08 — trading 20.5% below its estimated fair value. The current Return-on-Tangible-Equity is 22.34%, which is near median its 10-year median of 20.86 and 53.8% above the Telecommunication Services industry median of 14.53. PT Telkom Indonesia (Persero) Tbk's overall GF Score™ is 63/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For PT Telkom Indonesia (Persero) Tbk (BSP:T1LK34), the current Return-on-Tangible-Equity is 22.34% 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 (BSP:T1LK34) Overvalued in 2026?

Based on GuruFocus' analysis, PT Telkom Indonesia (Persero) Tbk stock appears to be undervalued. The current stock price of R$37.08 is trading 20.5% below its estimated GF Value™ of R$46.65. GuruFocus considers PT Telkom Indonesia (Persero) Tbk to be Modestly Undervalued.

Key valuation signals for BSP:T1LK34:

  • Return-on-Tangible-Equity: 22.34% (near median its 10-year median of 20.86)
  • GF Value™: R$46.65 vs. price of R$37.08 (20.5% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 53.8% above the Telecommunication Services median (#169 of 328)

No single metric tells the full story. See the BSP:T1LK34 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.
63GF Score

Get the complete analysis for BSP:T1LK34

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

R$37.08
Price
R$46.65
GF Value