Indosat Tbk

JK:ISAT Indonesia Telecom Services
Market Cap
$4.24 Billion
Rp69.02 Trillion IDR
Market Cap Rank
#6919 Global
#28 in Indonesia
Share Price
Rp2140.00
Change (1 day)
+5.42%
52-Week Range
Rp1265.00 - Rp2470.00
All Time High
Rp12050.00
Categories
Companies in Indonesia Telecom Services
About

PT Indosat Ooredoo Hutchison Tbk, together with its subsidiaries, provides digital telecommunication services in Indonesia. It operates through Cellular; MIDI; and Fixed Telecommunications segments. The company offers prepaid and post-paid services, and international and roaming, such as outbound roamers, international call and SMS, and overseas call products. It also provides data communication … Read more

Indosat Tbk (ISAT) - Net Assets

Latest net assets as of September 2025: Rp37.58 Trillion IDR

Based on the latest financial reports, Indosat Tbk (ISAT) has net assets worth Rp37.58 Trillion IDR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp113.73 Trillion) and total liabilities (Rp76.15 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets Rp37.58 Trillion
% of Total Assets 33.04%
Annual Growth Rate 8.38%
5-Year Change 183.83%
10-Year Change 176.33%
Growth Volatility 45.1

Indosat Tbk - Net Assets Trend (1996–2024)

This chart illustrates how Indosat Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Indosat Tbk (1996–2024)

The table below shows the annual net assets of Indosat Tbk from 1996 to 2024.

Year Net Assets Change
2024-12-31 Rp36.65 Trillion +8.73%
2023-12-31 Rp33.71 Trillion +6.62%
2022-12-31 Rp31.61 Trillion +206.86%
2021-12-31 Rp10.30 Trillion -20.22%
2020-12-31 Rp12.91 Trillion -5.79%
2019-12-31 Rp13.71 Trillion +12.94%
2018-12-31 Rp12.14 Trillion -18.08%
2017-12-31 Rp14.82 Trillion +4.50%
2016-12-31 Rp14.18 Trillion +6.89%
2015-12-31 Rp13.26 Trillion -6.57%
2014-12-31 Rp14.20 Trillion -17.34%
2013-12-31 Rp17.17 Trillion -13.30%
2012-12-31 Rp19.81 Trillion +5.28%
2011-12-31 Rp18.82 Trillion +3.18%
2010-12-31 Rp18.24 Trillion -0.28%
2009-12-31 Rp18.29 Trillion +3.33%
2008-12-31 Rp17.70 Trillion +5.09%
2007-12-31 Rp16.84 Trillion +9.77%
2006-12-31 Rp15.34 Trillion +6.15%
2005-12-31 Rp14.45 Trillion +7.62%
2004-12-31 Rp13.43 Trillion +9.54%
2003-12-31 Rp12.26 Trillion +14.01%
2002-12-31 Rp10.75 Trillion -2.21%
2001-12-31 Rp11.00 Trillion +86.44%
2000-12-31 Rp5.90 Trillion +23.87%
1999-12-31 Rp4.76 Trillion +42.85%
1998-12-31 Rp3.33 Trillion +73.39%
1997-12-31 Rp1.92 Trillion -50.06%
1996-12-31 Rp3.85 Trillion --

Equity Component Analysis

This analysis shows how different components contribute to Indosat Tbk's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 886.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Rp14.46 Trillion 43.16%
Common Stock Rp806.27 Billion 2.41%
Other Comprehensive Income Rp111.71 Billion 0.33%
Other Components Rp18.12 Trillion 54.10%
Total Equity Rp33.50 Trillion 100.00%

Indosat Tbk Competitors by Market Cap

The table below lists competitors of Indosat Tbk ranked by their market capitalization.

Company Market Cap
Zhuzhou Times New Material Technology Co Ltd
SHG:600458
 		$1.10 Billion
DAEHAN SHIPBUILDING LTD
KO:439260
 		$1.10 Billion
Shanghai Luoman Lighting Technologies Inc.
SHG:605289
 		$1.10 Billion
Elan Microelectronics Corp
TW:2458
 		$1.10 Billion
Perella Weinberg Partners
NASDAQ:PWP
 		$1.10 Billion
Guangdong Shenglu Telecommunication Tech Co Ltd
SHE:002446
 		$1.10 Billion
SHOU. HLDGS. LTD. (BL)
F:SHVA
 		$1.10 Billion
Wave Life Sciences Ltd
NASDAQ:WVE
 		$1.10 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Indosat Tbk's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 30,745,901,000,000 to 33,498,431,000,000, a change of 2,752,530,000,000 (9.0%).
  • Net income of 4,910,828,000,000 contributed positively to equity growth.
  • Dividend payments of 2,163,841,000,000 reduced retained earnings.
  • Share repurchases of 247,000,000 reduced equity.
  • New share issuances of 247,000,000 increased equity.
  • Other comprehensive income increased equity by 5,484,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Rp4.91 Trillion +14.66%
Dividends Paid Rp2.16 Trillion -6.46%
Share Repurchases Rp247.00 Million -0.0%
Share Issuances Rp247.00 Million +0.0%
Other Comprehensive Income Rp5.48 Billion +0.02%
Other Changes Rp59.00 Million +0.0%
Total Change Rp- 8.95%

Book Value vs Market Value Analysis

This analysis compares Indosat Tbk's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.06x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 11.56x to 2.06x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 Rp185.19 Rp2140.00 x
1997-12-31 Rp92.28 Rp2140.00 x
1998-12-31 Rp160.22 Rp2140.00 x
1999-12-31 Rp229.56 Rp2140.00 x
2000-12-31 Rp284.53 Rp2140.00 x
2001-12-31 Rp519.41 Rp2140.00 x
2002-12-31 Rp512.57 Rp2140.00 x
2003-12-31 Rp582.68 Rp2140.00 x
2004-12-31 Rp635.12 Rp2140.00 x
2005-12-31 Rp678.74 Rp2140.00 x
2006-12-31 Rp696.89 Rp2140.00 x
2007-12-31 Rp765.24 Rp2140.00 x
2008-12-31 Rp800.97 Rp2140.00 x
2009-12-31 Rp826.18 Rp2140.00 x
2010-12-31 Rp821.26 Rp2140.00 x
2011-12-31 Rp844.80 Rp2140.00 x
2012-12-31 Rp886.88 Rp2140.00 x
2013-12-31 Rp762.74 Rp2140.00 x
2014-12-31 Rp621.53 Rp2140.00 x
2015-12-31 Rp574.30 Rp2140.00 x
2016-12-31 Rp614.21 Rp2140.00 x
2017-12-31 Rp643.96 Rp2140.00 x
2018-12-31 Rp514.09 Rp2140.00 x
2019-12-31 Rp585.36 Rp2140.00 x
2020-12-31 Rp546.13 Rp2140.00 x
2021-12-31 Rp422.37 Rp2140.00 x
2022-12-31 Rp881.19 Rp2140.00 x
2023-12-31 Rp953.34 Rp2140.00 x
2024-12-31 Rp1038.69 Rp2140.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Indosat Tbk utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 14.66%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.79%
  • • Asset Turnover: 0.49x
  • • Equity Multiplier: 3.41x
  • Recent ROE (14.66%) is above the historical average (10.78%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 20.40% 42.65% 0.43x 1.11x Rp399.50 Billion
1997 21.36% 44.02% 0.41x 1.18x Rp217.66 Billion
1998 27.75% 52.18% 0.43x 1.23x Rp590.25 Billion
1999 28.98% 50.36% 0.48x 1.21x Rp902.41 Billion
2000 30.70% 63.42% 0.39x 1.23x Rp1.22 Trillion
2001 13.53% 27.68% 0.23x 2.08x Rp379.43 Billion
2002 3.17% 4.97% 0.31x 2.08x Rp-724.90 Billion
2003 12.87% 19.06% 0.31x 2.14x Rp347.53 Billion
2004 12.39% 15.48% 0.38x 2.11x Rp316.64 Billion
2005 11.34% 14.01% 0.35x 2.29x Rp191.44 Billion
2006 9.28% 11.52% 0.36x 2.25x Rp-109.65 Billion
2007 12.34% 12.38% 0.36x 2.74x Rp387.54 Billion
2008 10.79% 10.07% 0.36x 2.97x Rp137.56 Billion
2009 8.34% 8.15% 0.33x 3.07x Rp-297.52 Billion
2010 3.63% 3.27% 0.37x 2.96x Rp-1.14 Trillion
2011 4.55% 4.06% 0.39x 2.84x Rp-1.00 Trillion
2012 1.90% 1.63% 0.40x 2.90x Rp-1.56 Trillion
2013 -16.88% -11.73% 0.43x 3.33x Rp-4.46 Trillion
2014 -14.71% -8.25% 0.45x 3.94x Rp-3.34 Trillion
2015 -10.49% -4.89% 0.48x 4.44x Rp-2.56 Trillion
2016 8.28% 3.79% 0.57x 3.81x Rp-229.98 Billion
2017 8.11% 3.80% 0.59x 3.62x Rp-263.91 Billion
2018 -21.50% -10.38% 0.44x 4.76x Rp-3.52 Trillion
2019 12.33% 6.01% 0.42x 4.94x Rp296.66 Billion
2020 -5.31% -2.26% 0.44x 5.29x Rp-1.82 Trillion
2021 73.54% 21.51% 0.50x 6.91x Rp5.83 Trillion
2022 16.67% 10.10% 0.41x 4.02x Rp1.89 Trillion
2023 14.66% 8.80% 0.45x 3.73x Rp1.43 Trillion
2024 14.66% 8.79% 0.49x 3.41x Rp1.56 Trillion

Industry Comparison

This section compares Indosat Tbk's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

  • Industry: Telecom Services
  • Average net assets among peers: $3,722,985,080,140
  • Average return on equity (ROE) among peers: 14.59%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Indosat Tbk (ISAT) Rp37.58 Trillion 20.40% 2.03x $1.10 Billion
Bali Towerindo Sentra Tbk (BALI) $2.44 Trillion 8.68% 1.13x $123.29 Million
Centratama Telekomunikasi Ind (CENT) $60.55 Billion 14.20% 0.12x $15.42 Million
Pelita Teknologi Global (CHIP) $6.50 Billion 77.84% 4.39x $14.15 Million
Remala Abadi Tbk. (DATA) $91.58 Billion 28.54% 0.61x $2.21K
Indoritel Makmur Internasional (DNET) $12.84 Billion 5.41% 0.33x $1.17 Billion
XL Axiata Tbk PT (EXCL) $21.63 Trillion 1.73% 1.60x $855.71 Million
Smartfren Telecom Tbk (FREN) $12.74 Trillion -17.18% 1.17x $1.43 Million
Gihon Telekomunikasi Indonesia Tbk PT (GHON) $149.49 Billion 24.54% 1.83x $8.10 Million
Inti Bangun Sejahtera Tbk (IBST) $33.63 Billion 0.00% 7.14x $178.96K
PT Sinergi Inti Andalan Prima Tbk (INET) $65.20 Billion 2.11% 0.12x $58.63 Million