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PT Impack Pratama Industri Tbk (ISX:IMPC) Return-on-Tangible-Equity : 27.78% (As of Mar. 2024)


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What is PT Impack Pratama Industri Tbk Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. PT Impack Pratama Industri Tbk's annualized net income for the quarter that ended in Mar. 2024 was Rp594,197 Mil. PT Impack Pratama Industri Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2024 was Rp2,139,143 Mil. Therefore, PT Impack Pratama Industri Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 27.78%.

The historical rank and industry rank for PT Impack Pratama Industri Tbk's Return-on-Tangible-Equity or its related term are showing as below:

ISX:IMPC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.23   Med: 12.35   Max: 25.58
Current: 22.84

During the past 11 years, PT Impack Pratama Industri Tbk's highest Return-on-Tangible-Equity was 25.58%. The lowest was 9.23%. And the median was 12.35%.

ISX:IMPC's Return-on-Tangible-Equity is ranked better than
79.54% of 1598 companies
in the Construction industry
Industry Median: 7.88 vs ISX:IMPC: 22.84

PT Impack Pratama Industri Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Impack Pratama Industri Tbk's Return-on-Tangible-Equity 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 Impack Pratama Industri Tbk Return-on-Tangible-Equity Chart

PT Impack Pratama Industri Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.58 12.12 16.41 20.02 22.30

PT Impack Pratama Industri Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity 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 26.00 19.53 26.64 17.80 27.78

Competitive Comparison of PT Impack Pratama Industri Tbk's Return-on-Tangible-Equity

For the Building Products & Equipment subindustry, PT Impack Pratama Industri Tbk's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Impack Pratama Industri Tbk's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Impack Pratama Industri Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Impack Pratama Industri Tbk's Return-on-Tangible-Equity falls into.



PT Impack Pratama Industri Tbk Return-on-Tangible-Equity Calculation

PT Impack Pratama Industri Tbk's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=430520.761/( (1795520.075+2064998.387 )/ 2 )
=430520.761/1930259.231
=22.30 %

PT Impack Pratama Industri Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=594196.996/( (2064998.387+2213287.775)/ 2 )
=594196.996/2139143.081
=27.78 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.


PT Impack Pratama Industri Tbk  (ISX:IMPC) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


PT Impack Pratama Industri Tbk Return-on-Tangible-Equity Related Terms

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PT Impack Pratama Industri Tbk (ISX:IMPC) Business Description

Traded in Other Exchanges
N/A
Address
Jl Yos Sudarso No. 85, Altira Office Tower, 38th Floor, Altira Business Park, Jakarta, IDN, 14350
PT Impack Pratama Industri Tbk is a manufacturer and distributor of plastic building materials and real estate. Its products include fiberglass, polycarbonate, aluminum composite panel, ventilator, and other plastic and non-plastic building materials/equipment. The company business is divided into three business segments covering: Manufacturing, Real Estate, and Distribution. It generates maximum revenue from the Manufacturing segment. The manufacturing business of the company covers the production of roofing sheets of plastic, plastic resin, and adhesive.

PT Impack Pratama Industri Tbk (ISX:IMPC) Headlines

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