Telefast Indonesia (TFAS) - Net Assets
Based on the latest financial reports, Telefast Indonesia (TFAS) has net assets worth Rp169.01 Billion IDR (≈ $9.90 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp211.67 Billion ≈ $12.40 Million USD) and total liabilities (Rp42.65 Billion ≈ $2.50 Million USD). 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. Check Telefast Indonesia (TFAS) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp169.01 Billion |
| % of Total Assets | 79.85% |
| Annual Growth Rate | 40.77% |
| 5-Year Change | -13.79% |
| 10-Year Change | N/A |
| Growth Volatility | 83.84 |
Telefast Indonesia - Net Assets Trend (2016–2025)
This chart illustrates how Telefast Indonesia 's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Telefast Indonesia to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Telefast Indonesia (2016–2025)
The table below shows the annual net assets of Telefast Indonesia from 2016 to 2025. For live valuation and market cap data, see TFAS company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp169.01 Billion ≈ $9.90 Million |
-5.26% |
| 2024-12-31 | Rp178.39 Billion ≈ $10.45 Million |
-7.75% |
| 2023-12-31 | Rp193.38 Billion ≈ $11.33 Million |
+0.87% |
| 2022-12-31 | Rp191.71 Billion ≈ $11.23 Million |
-2.22% |
| 2021-12-31 | Rp196.06 Billion ≈ $11.49 Million |
+24.07% |
| 2020-12-31 | Rp158.02 Billion ≈ $9.26 Million |
+3.43% |
| 2019-12-31 | Rp152.78 Billion ≈ $8.95 Million |
+219.71% |
| 2018-12-31 | Rp47.79 Billion ≈ $2.80 Million |
+173.77% |
| 2017-12-31 | Rp17.46 Billion ≈ $1.02 Million |
+124.15% |
| 2016-12-31 | Rp7.79 Billion ≈ $456.29K |
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Equity Component Analysis
This analysis shows how different components contribute to Telefast Indonesia '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 873.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp61.68 Billion | 36.90% |
| Common Stock | Rp33.33 Billion | 19.94% |
| Other Comprehensive Income | Rp1.74 Billion | 1.04% |
| Other Components | Rp70.39 Billion | 42.11% |
| Total Equity | Rp167.14 Billion | 100.00% |
Telefast Indonesia Competitors by Market Cap
The table below lists competitors of Telefast Indonesia ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Czerwona Torebka
WAR:CZT
|
$19.82 Million |
|
Repower Asia Indonesia PT
JK:REAL
|
$19.82 Million |
|
KR Motors Co. Ltd.
KO:000040
|
$19.84 Million |
|
Raspberry Pi Holdings PLC
LSE:RPI
|
$19.84 Million |
|
Minnova Corp
V:MCI
|
$19.79 Million |
|
Jameson Resources Ltd
AU:JAL
|
$19.78 Million |
|
APPIA RARE EARTH+U O.N.
F:A0I0
|
$19.78 Million |
|
88 Energy Ltd
AU:88E
|
$19.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Telefast Indonesia 's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 176,362,288,000 to 167,144,250,000, a change of -9,218,038,000 (-5.2%).
- Net loss of 24,057,427,000 reduced equity.
- Share repurchases of 2,055,234,000 reduced equity.
- New share issuances of 2,055,234,000 increased equity.
- Other comprehensive income increased equity by 1,740,435,000.
- Other factors increased equity by 13,098,954,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-24.06 Billion | -14.39% |
| Share Repurchases | Rp2.06 Billion | -1.23% |
| Share Issuances | Rp2.06 Billion | +1.23% |
| Other Comprehensive Income | Rp1.74 Billion | +1.04% |
| Other Changes | Rp13.10 Billion | +7.84% |
| Total Change | Rp- | -5.23% |
Book Value vs Market Value Analysis
This analysis compares Telefast Indonesia '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: 2.02x
- 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 43.66x to 2.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp4.67 | Rp204.00 | x |
| 2017-12-31 | Rp10.30 | Rp204.00 | x |
| 2018-12-31 | Rp27.39 | Rp204.00 | x |
| 2019-12-31 | Rp103.03 | Rp204.00 | x |
| 2020-12-31 | Rp93.71 | Rp204.00 | x |
| 2021-12-31 | Rp109.82 | Rp204.00 | x |
| 2022-12-31 | Rp110.81 | Rp204.00 | x |
| 2023-12-31 | Rp111.82 | Rp204.00 | x |
| 2024-12-31 | Rp106.45 | Rp204.00 | x |
| 2025-12-31 | Rp100.85 | Rp204.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Telefast Indonesia 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): -14.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.54%
- • Asset Turnover: 1.51x
- • Equity Multiplier: 1.27x
- Recent ROE (-14.39%) is below the historical average (12.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 48.21% | 1.77% | 14.67x | 1.85x | Rp2.98 Billion |
| 2017 | 17.35% | 0.97% | 1.76x | 10.19x | Rp1.26 Billion |
| 2018 | 43.14% | 3.18% | 6.97x | 1.94x | Rp15.13 Billion |
| 2019 | 12.50% | 2.83% | 2.89x | 1.53x | Rp3.77 Billion |
| 2020 | 4.18% | 1.14% | 2.54x | 1.44x | Rp-9.04 Billion |
| 2021 | 14.63% | 4.13% | 2.34x | 1.51x | Rp8.43 Billion |
| 2022 | 0.65% | 0.16% | 2.90x | 1.44x | Rp-17.16 Billion |
| 2023 | 0.48% | 0.14% | 2.47x | 1.38x | Rp-17.64 Billion |
| 2024 | -5.41% | -2.37% | 1.61x | 1.42x | Rp-27.17 Billion |
| 2025 | -14.39% | -7.54% | 1.51x | 1.27x | Rp-40.77 Billion |
Industry Comparison
This section compares Telefast Indonesia 's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $244,792,204,242
- Average return on equity (ROE) among peers: 6.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Telefast Indonesia (TFAS) | Rp169.01 Billion | 48.21% | 0.25x | $19.80 Million |
| Shield On Service Tbk PT (SOSS) | $96.96 Billion | 13.02% | 1.18x | $40.54 Million |
| Venteny Fortuna International (VTNY) | $392.62 Billion | 0.19% | 0.87x | $22.76 Million |
About Telefast Indonesia
PT Telefast Indonesia Tbk, together with its subsidiaries, provides telecommunication products and digital platform services in Indonesia. The company operates through Digital Products and Digital Services segments. The company provides logistic services, including first mile and last mile, drop point, middle mile, and digital logistics services; and Fastpoint, an express business with a containe… Read more