Telkom (TKG) - Net Assets

Latest as of September 2025: ZAC33.89 Billion ZAC ≈ $18.01 Million USD

Based on the latest financial reports, Telkom (TKG) has net assets worth ZAC33.89 Billion ZAC (≈ $18.01 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC62.01 Billion ≈ $32.95 Million USD) and total liabilities (ZAC28.12 Billion ≈ $14.94 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 TKG cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets ZAC33.89 Billion
% of Total Assets 54.65%
Annual Growth Rate 3.39%
5-Year Change 7.16%
10-Year Change 26.23%
Growth Volatility 19.99

Telkom - Net Assets Trend (2001–2025)

This chart illustrates how Telkom's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Telkom for the complete picture of this company's asset base.

Annual Net Assets for Telkom (2001–2025)

The table below shows the annual net assets of Telkom from 2001 to 2025. For live valuation and market cap data, see TKG stock market capitalisation.

Year Net Assets Change
2025-03-31 ZAC33.59 Billion
≈ $17.85 Million		 +28.31%
2024-03-31 ZAC26.18 Billion
≈ $13.91 Million		 +8.34%
2023-03-31 ZAC24.16 Billion
≈ $12.84 Million		 -29.03%
2022-03-31 ZAC34.04 Billion
≈ $18.09 Million		 +8.62%
2021-03-31 ZAC31.34 Billion
≈ $16.66 Million		 +6.33%
2020-03-31 ZAC29.48 Billion
≈ $15.66 Million		 -0.98%
2019-03-31 ZAC29.77 Billion
≈ $15.82 Million		 +8.70%
2018-03-31 ZAC27.39 Billion
≈ $14.55 Million		 -1.87%
2017-03-31 ZAC27.91 Billion
≈ $14.83 Million		 +4.88%
2016-03-31 ZAC26.61 Billion
≈ $14.14 Million		 +2.18%
2015-03-31 ZAC26.04 Billion
≈ $13.84 Million		 +12.49%
2014-03-31 ZAC23.15 Billion
≈ $12.30 Million		 +26.98%
2013-03-31 ZAC18.23 Billion
≈ $9.69 Million		 -39.52%
2012-03-31 ZAC30.14 Billion
≈ $16.02 Million		 +0.40%
2011-03-31 ZAC30.02 Billion
≈ $15.96 Million		 -0.80%
2010-03-31 ZAC30.26 Billion
≈ $16.08 Million		 -41.26%
2009-03-31 ZAC51.52 Billion
≈ $27.38 Million		 +54.37%
2008-03-31 ZAC33.38 Billion
≈ $17.74 Million		 +4.50%
2007-03-31 ZAC31.94 Billion
≈ $16.97 Million		 +8.50%
2006-03-31 ZAC29.44 Billion
≈ $15.64 Million		 +8.29%
2005-03-31 ZAC27.19 Billion
≈ $14.45 Million		 +22.18%
2004-03-31 ZAC22.25 Billion
≈ $11.82 Million		 +19.96%
2003-03-31 ZAC18.55 Billion
≈ $9.86 Million		 +9.55%
2002-03-31 ZAC16.93 Billion
≈ $9.00 Million		 +12.21%
2001-03-31 ZAC15.09 Billion
≈ $8.02 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Telkom'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 294.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ZAC26.36 Billion 78.44%
Common Stock ZAC5.05 Billion 15.03%
Other Components ZAC2.19 Billion 6.53%
Total Equity ZAC33.60 Billion 100.00%

Telkom Competitors by Market Cap

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

Company Market Cap
Hillman Solutions Corp
NASDAQ:HLMN
 $1.55 Billion
Shenzhen Noposion Agrochemicals Co Ltd
SHE:002215
 $1.55 Billion
Kingsignal Technology Co Ltd
SHE:300252
 $1.55 Billion
Lakeland Financial Corporation
NASDAQ:LKFN
 $1.55 Billion
Tung Ho Steel Enterprise Corp
TW:2006
 $1.55 Billion
Liveramp Holdings Inc
NYSE:RAMP
 $1.55 Billion
Shenzhen Beauty Star Co Ltd
SHE:002243
 $1.55 Billion
Borr Drilling Ltd
NYSE:BORR
 $1.55 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 26,196,000,000 to 33,601,000,000, a change of 7,405,000,000 (28.3%).
  • Net income of 7,497,000,000 contributed positively to equity growth.
  • Dividend payments of 6,000,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 2,285,000,000.
  • Other factors increased equity by 2,306,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC7.50 Billion +22.31%
Dividends Paid ZAC6.00 Million -0.02%
Other Comprehensive Income ZAC-2.29 Billion -6.8%
Other Changes ZAC2.31 Billion +6.86%
Total Change ZAC- 28.27%

Book Value vs Market Value Analysis

This analysis compares Telkom'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: 87.78x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 220.50x to 87.78x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-03-31 ZAC26.88 ZAC5927.00 x
2002-03-31 ZAC30.15 ZAC5927.00 x
2003-03-31 ZAC32.83 ZAC5927.00 x
2004-03-31 ZAC38.91 ZAC5927.00 x
2005-03-31 ZAC49.70 ZAC5927.00 x
2006-03-31 ZAC54.94 ZAC5927.00 x
2007-03-31 ZAC61.59 ZAC5927.00 x
2008-03-31 ZAC63.73 ZAC5927.00 x
2009-03-31 ZAC101.27 ZAC5927.00 x
2010-03-31 ZAC59.32 ZAC5927.00 x
2011-03-31 ZAC58.19 ZAC5927.00 x
2012-03-31 ZAC58.18 ZAC5927.00 x
2013-03-31 ZAC34.96 ZAC5927.00 x
2014-03-31 ZAC44.37 ZAC5927.00 x
2015-03-31 ZAC49.26 ZAC5927.00 x
2016-03-31 ZAC50.36 ZAC5927.00 x
2017-03-31 ZAC52.58 ZAC5927.00 x
2018-03-31 ZAC52.22 ZAC5927.00 x
2019-03-31 ZAC58.38 ZAC5927.00 x
2020-03-31 ZAC58.47 ZAC5927.00 x
2021-03-31 ZAC62.68 ZAC5927.00 x
2022-03-31 ZAC67.35 ZAC5927.00 x
2023-03-31 ZAC49.93 ZAC5927.00 x
2024-03-31 ZAC52.58 ZAC5927.00 x
2025-03-31 ZAC67.52 ZAC5927.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Telkom 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): 22.31%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 17.09%
  • • Asset Turnover: 0.65x
  • • Equity Multiplier: 2.01x
  • Recent ROE (22.31%) is above the historical average (12.24%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 10.83% 5.17% 0.59x 3.58x ZAC124.80 Million
2002 7.28% 3.58% 0.62x 3.28x ZAC-456.40 Million
2003 8.90% 4.35% 0.71x 2.90x ZAC-201.26 Million
2004 20.52% 11.09% 0.77x 2.40x ZAC2.32 Billion
2005 25.05% 15.60% 0.75x 2.14x ZAC4.06 Billion
2006 31.48% 19.03% 0.84x 1.97x ZAC6.26 Billion
2007 27.25% 16.58% 0.88x 1.86x ZAC5.46 Billion
2008 24.30% 14.02% 0.81x 2.14x ZAC4.70 Billion
2009 8.73% 12.36% 0.31x 2.31x ZAC-656.38 Million
2010 125.60% 66.60% 0.99x 1.90x ZAC34.59 Billion
2011 4.12% 3.59% 0.63x 1.83x ZAC-1.74 Billion
2012 -0.73% -0.65% 0.63x 1.77x ZAC-3.19 Billion
2013 -65.11% -35.76% 0.78x 2.33x ZAC-13.41 Billion
2014 16.78% 11.77% 0.82x 1.73x ZAC1.54 Billion
2015 12.27% 9.95% 0.75x 1.64x ZAC583.40 Million
2016 8.59% 6.02% 0.80x 1.79x ZAC-367.40 Million
2017 13.77% 9.27% 0.85x 1.74x ZAC1.04 Billion
2018 11.29% 7.44% 0.81x 1.87x ZAC349.40 Million
2019 9.45% 6.69% 0.79x 1.79x ZAC-162.30 Million
2020 1.81% 1.24% 0.70x 2.08x ZAC-2.42 Billion
2021 7.72% 5.60% 0.68x 2.04x ZAC-714.60 Million
2022 7.72% 6.15% 0.65x 1.94x ZAC-776.90 Million
2023 -41.23% -23.11% 0.72x 2.47x ZAC-12.39 Billion
2024 7.17% 4.42% 0.69x 2.34x ZAC-742.60 Million
2025 22.31% 17.09% 0.65x 2.01x ZAC4.14 Billion

Industry Comparison

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

Industry Context

  • Industry: Telecom Services
  • Average net assets among peers: $35,754,662,469
  • Average return on equity (ROE) among peers: 20.14%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Telkom (TKG) ZAC33.89 Billion 10.83% 0.83x $1.55 Billion
Blue Label Telecoms Ltd (BLU) $5.00 Billion 15.73% 0.74x $423.86 Million
MTN Group Ltd (MTN) $114.98 Billion 11.96% 2.18x $20.18 Billion
Telemasters Holdings Ltd (TLM) $36.21 Million -5.46% 0.60x $3.91 Million
Vodacom Group Ltd (VOD) $23.00 Billion 58.35% 2.53x $15.01 Billion

About Telkom

JSE:TKG South Africa Telecom Services
Market Cap
$1.55 Billion
ZAC2.92 Trillion ZAC
Market Cap Rank
#7310 Global
#56 in South Africa
Share Price
ZAC5927.00
Change (1 day)
+0.89%
52-Week Range
ZAC3787.00 - ZAC6493.00
All Time High
ZAC9523.46
Categories
Companies in South Africa Telecom Services
About

Telkom SA SOC Ltd operates as an integrated communications and information technology (IT) services provider in South Africa, the United States, the United Kingdom, rest of Europe, and internationally. It operates through Openserve, Telkom Consumer, BCX, Gyro, and Other segments. The company offers mobile and fixed-line telecommunication services, including broadband, optical and carrier, busines… Read more