TLKMF (PT Telkom Indonesia (Persero) Tbk) Asset Turnover: 0.13 (As of Mar. 2026)


TLKMF PT Telkom Indonesia (Persero) Tbk TLKMF
53 GF Score
Price $0.15
GF Value $0.19
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Telkom Indonesia (Persero) Tbk Asset Turnover?

PT Telkom Indonesia (Persero) Tbk TLKMF -9.09% 53 Asset Turnover is 0.13 as of Mar. 2026. GuruFocus rates TLKMF with a GF Score™ of 53/100 and a GF Value™ of $0.19 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PT Telkom Indonesia (Persero) Tbk's Revenue for the three months ended in Mar. 2026 was $2,197 Mil. PT Telkom Indonesia (Persero) Tbk's Total Assets for the quarter that ended in Mar. 2026 was $17,161 Mil. Therefore, PT Telkom Indonesia (Persero) Tbk's Asset Turnover for the quarter that ended in Mar. 2026 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Telkom Indonesia (Persero) Tbk's annualized ROE % for the quarter that ended in Mar. 2026 was 13.05%. It is also linked to ROA % through Du Pont Formula. PT Telkom Indonesia (Persero) Tbk's annualized ROA % for the quarter that ended in Mar. 2026 was 5.98%.


PT Telkom Indonesia (Persero) Tbk  (OTCPK:TLKMF) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

PT Telkom Indonesia (Persero) Tbk's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1026.384/7867.225
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1026.384 / 8786.864)*(8786.864 / 17161.1975)*(17161.1975/ 7867.225)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.68 %*0.512*2.1814
=ROA %*Equity Multiplier
=5.98 %*2.1814
=13.05 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

PT Telkom Indonesia (Persero) Tbk's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1026.384/17161.1975
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1026.384 / 8786.864)*(8786.864 / 17161.1975)
=Net Margin %*Asset Turnover
=11.68 %*0.512
=5.98 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


PT Telkom Indonesia (Persero) Tbk Asset Turnover Related Terms


PT Telkom Indonesia (Persero) Tbk Asset Turnover Historical Data

* Premium members only.

The historical data trend for PT Telkom Indonesia (Persero) Tbk's Asset Turnover 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 Asset Turnover Chart

PT Telkom Indonesia (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.51 0.54 0.52 0.50

PT Telkom Indonesia (Persero) Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.12 0.12 0.12 0.13 0.13

TLKMF vs TMUS, VZ, T: Asset Turnover Comparison

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

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

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


TLKMF
53GF Score
PT Telkom Indonesia (Persero) Tbk TLKMF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Telkom Indonesia (Persero) Tbk Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=8783.196/( (18147.562+17195.053)/ 2 )
=8783.196/17671.3075
=0.50

PT Telkom Indonesia (Persero) Tbk's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2196.716/( (17195.053+17127.342)/ 2 )
=2196.716/17161.1975
=0.13

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.13 mean?
PT Telkom Indonesia (Persero) Tbk (TLKMF) has a Asset Turnover of 0.13 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Telkom Indonesia (Persero) Tbk and its competitors.
Is PT Telkom Indonesia (Persero) Tbk's Asset Turnover too high?
PT Telkom Indonesia (Persero) Tbk's current Asset Turnover is 0.13. Overall, PT Telkom Indonesia (Persero) Tbk has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Telkom Indonesia (Persero) Tbk's Asset Turnover compare to TMUS and VZ?
PT Telkom Indonesia (Persero) Tbk's Asset Turnover of 0.13 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Telecommunication Services company?
A good Asset Turnover depends on the Telecommunication Services industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Telkom Indonesia (Persero) Tbk and its competitors. PT Telkom Indonesia (Persero) Tbk's current Asset Turnover is 0.13. 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 $0.19, compared to a current price of $0.15 — trading 21.1% below its estimated fair value. The current Asset Turnover is 0.13. PT Telkom Indonesia (Persero) Tbk's overall GF Score™ is 53/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For PT Telkom Indonesia (Persero) Tbk (TLKMF), the current Asset Turnover is 0.13 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 $0.15 is trading 21.1% below its estimated GF Value™ of $0.19. GuruFocus considers PT Telkom Indonesia (Persero) Tbk to be Modestly Undervalued.

Key valuation signals for TLKMF:

  • Asset Turnover: 0.13
  • GF Value™: $0.19 vs. price of $0.15 (21.1% below fair value)
  • GF Score™: 53/100 with 4 warning signs

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

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.
53GF Score

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

$0.15
Price
$0.19
GF Value