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In 2019 the number of outstanding shares of PT Telkom, tbk., was 250 thousand shares with a market price per share at the end of

In 2019 the number of outstanding shares of PT Telkom, tbk., was 250 thousand shares with a market price per share at the end of that year of around IDR 14,000 per share. Investors provided a capital of IDR 2 billion. The balance sheet at the end of 2019 showed total equity of IDR 1.5 billion and operating profit of IDR 1 billion with an income tax rate of 25% and after-tax cost of corporate capital of 12.75%. What is the Market Value Added (MVA) and Economic Value Added (EVA) of PT. Telkom, Tbk?

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