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PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Return-on-Tangible-Equity : 16.02% (As of Mar. 2024)


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What is PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk's annualized net income for the quarter that ended in Mar. 2024 was Rp292,820 Mil. PT Mandiri Herindo Adiperkasa Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2024 was Rp1,828,003 Mil. Therefore, PT Mandiri Herindo Adiperkasa Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 16.02%.

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

ISX:MAHA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.72   Med: 38.68   Max: 53.61
Current: 13.72

During the past 4 years, PT Mandiri Herindo Adiperkasa Tbk's highest Return-on-Tangible-Equity was 53.61%. The lowest was 13.72%. And the median was 38.68%.

ISX:MAHA's Return-on-Tangible-Equity is ranked better than
63.41% of 932 companies
in the Transportation industry
Industry Median: 9.73 vs ISX:MAHA: 13.72

PT Mandiri Herindo Adiperkasa Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk Return-on-Tangible-Equity Chart

PT Mandiri Herindo Adiperkasa Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
26.98 50.37 53.61 18.31

PT Mandiri Herindo Adiperkasa Tbk Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only 45.85 14.82 - 33.90 16.02

Competitive Comparison of PT Mandiri Herindo Adiperkasa Tbk's Return-on-Tangible-Equity

For the Trucking subindustry, PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Mandiri Herindo Adiperkasa Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Mandiri Herindo Adiperkasa Tbk's Return-on-Tangible-Equity falls into.



PT Mandiri Herindo Adiperkasa Tbk Return-on-Tangible-Equity Calculation

PT Mandiri Herindo Adiperkasa 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 )
=267945.887/( (1136530.071+1790974.357 )/ 2 )
=267945.887/1463752.214
=18.31 %

PT Mandiri Herindo Adiperkasa 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 )
=292819.544/( (1790974.357+1865032.018)/ 2 )
=292819.544/1828003.1875
=16.02 %

* 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 Mandiri Herindo Adiperkasa Tbk  (ISX:MAHA) 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 Mandiri Herindo Adiperkasa Tbk Return-on-Tangible-Equity Related Terms

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PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Business Description

Traded in Other Exchanges
N/A
Address
Senopati Raya No. 8B, Office 8, Floor 31, SCBD Lot 28, Jakarta, IDN, 12190
PT Mandiri Herindo Adiperkasa Tbk is one of the mineral and coal transportation service providers, supported by resources and professional personnel with integrity. Mandiri Services strives to provide safe, efficient, and effective mining services. Its focus is to provide prosperity and energy to the people of Indonesia through consistent and sustainable innovation toward a better future. The company focuses on coal hauling service activities after overburden removal activities are carried out by contractors. The Company also has several types of units in the implementation of coal transportation services, namely single trailers, double trailers and dump trucks with variations in payload capacity and equipment specifications according to the needs of the employer.

PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Headlines

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