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PT Bumi Resources Tbk (ISX:BUMI) ROE % : 17.34% (As of Mar. 2024)


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What is PT Bumi Resources Tbk ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT Bumi Resources Tbk's annualized net income for the quarter that ended in Mar. 2024 was Rp4,212,821 Mil. PT Bumi Resources Tbk's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was Rp24,295,227 Mil. Therefore, PT Bumi Resources Tbk's annualized ROE % for the quarter that ended in Mar. 2024 was 17.34%.

The historical rank and industry rank for PT Bumi Resources Tbk's ROE % or its related term are showing as below:

ISX:BUMI' s ROE % Range Over the Past 10 Years
Min: 1.04   Med: Negative Equity   Max: Negative Equity
Current: 1.15

During the past 13 years, PT Bumi Resources Tbk's highest ROE % was Negative Equity%. The lowest was 1.04%. And the median was Negative Equity%.

ISX:BUMI's ROE % is ranked worse than
60.69% of 173 companies
in the Other Energy Sources industry
Industry Median: 8.56 vs ISX:BUMI: 1.15

PT Bumi Resources Tbk ROE % Historical Data

The historical data trend for PT Bumi Resources Tbk's ROE % 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.

* Premium members only.

PT Bumi Resources Tbk ROE % Chart

PT Bumi Resources Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Equity - Negative Equity 95.79 1.04

PT Bumi Resources Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % 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 16.26 5.44 -6.93 -11.18 17.34

Competitive Comparison of PT Bumi Resources Tbk's ROE %

For the Thermal Coal subindustry, PT Bumi Resources Tbk's ROE %, along with its competitors' market caps and ROE % 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 Bumi Resources Tbk's ROE % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Bumi Resources Tbk's ROE % distribution charts can be found below:

* The bar in red indicates where PT Bumi Resources Tbk's ROE % falls into.



PT Bumi Resources Tbk ROE % Calculation

PT Bumi Resources Tbk's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=253562.251/( (24829247.727+23788988.973)/ 2 )
=253562.251/24309118.35
=1.04 %

PT Bumi Resources Tbk's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=4212820.864/( (23788988.973+24801465.136)/ 2 )
=4212820.864/24295227.0545
=17.34 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


PT Bumi Resources Tbk  (ISX:BUMI) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=4212820.864/24295227.0545
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4212820.864 / 19178481.74)*(19178481.74 / 65041014.249)*(65041014.249 / 24295227.0545)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.97 %*0.2949*2.6771
=ROA %*Equity Multiplier
=6.48 %*2.6771
=17.34 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=4212820.864/24295227.0545
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4212820.864 / 2000625.888) * (2000625.888 / 653514.768) * (653514.768 / 19178481.74) * (19178481.74 / 65041014.249) * (65041014.249 / 24295227.0545)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 2.1058 * 3.0613 * 3.41 % * 0.2949 * 2.6771
=17.34 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


PT Bumi Resources Tbk ROE % Related Terms

Thank you for viewing the detailed overview of PT Bumi Resources Tbk's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Bumi Resources Tbk (ISX:BUMI) Business Description

Traded in Other Exchanges
Address
Jalan H.R. Rasuna Said, 12th Floor, Bakrie Tower Building, Komplek Rasuna Epicentrum, Jakarta Selatan, Jakarta, IDN, 12940
PT Bumi Resources Tbk is an Indonesia-based holding company engaged in coal mining. The company's main business segments are holding companies, coal, services, oil and gas, and gold. The Holding Company segment includes the company and other holding companies. The Coal segment is engaged in coal mining activities comprising exploration and exploitation of coal deposits. The Services segment includes activities of marketing and management services. The oil and gas segment includes activities of oil and gas exploration. The Gold segment includes activities of gold exploration. The majority of revenue is generated from the Coal segment.

PT Bumi Resources Tbk (ISX:BUMI) Headlines

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