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PT Jaya Real Property Tbk (ISX:JRPT) ROE % : 9.85% (As of Mar. 2024)


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What is PT Jaya Real Property Tbk ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT Jaya Real Property Tbk's annualized net income for the quarter that ended in Mar. 2024 was Rp896,103 Mil. PT Jaya Real Property Tbk's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was Rp9,095,879 Mil. Therefore, PT Jaya Real Property Tbk's annualized ROE % for the quarter that ended in Mar. 2024 was 9.85%.

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

ISX:JRPT' s ROE % Range Over the Past 10 Years
Min: 9.99   Med: 16.05   Max: 26.66
Current: 11.84

During the past 13 years, PT Jaya Real Property Tbk's highest ROE % was 26.66%. The lowest was 9.99%. And the median was 16.05%.

ISX:JRPT's ROE % is ranked better than
80.88% of 1778 companies
in the Real Estate industry
Industry Median: 2.73 vs ISX:JRPT: 11.84

PT Jaya Real Property Tbk ROE % Historical Data

The historical data trend for PT Jaya Real Property 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 Jaya Real Property Tbk ROE % Chart

PT Jaya Real Property 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 15.07 12.65 9.99 10.63 11.60

PT Jaya Real Property 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 9.03 11.08 13.29 13.32 9.85

Competitive Comparison of PT Jaya Real Property Tbk's ROE %

For the Real Estate - Development subindustry, PT Jaya Real Property 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 Jaya Real Property Tbk's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Jaya Real Property Tbk's ROE % distribution charts can be found below:

* The bar in red indicates where PT Jaya Real Property Tbk's ROE % falls into.



PT Jaya Real Property Tbk ROE % Calculation

PT Jaya Real Property 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 )
=1004620.409/( (8340255.753+8983866.354)/ 2 )
=1004620.409/8662061.0535
=11.60 %

PT Jaya Real Property 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 )
=896103.096/( (8983866.354+9207892.128)/ 2 )
=896103.096/9095879.241
=9.85 %

* 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 Jaya Real Property Tbk  (ISX:JRPT) 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
=896103.096/9095879.241
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(896103.096 / 2278919.576)*(2278919.576 / 13331982.315)*(13331982.315 / 9095879.241)
=Net Margin %*Asset Turnover*Equity Multiplier
=39.32 %*0.1709*1.4657
=ROA %*Equity Multiplier
=6.72 %*1.4657
=9.85 %

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
=896103.096/9095879.241
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (896103.096 / 927273.592) * (927273.592 / 871705.912) * (871705.912 / 2278919.576) * (2278919.576 / 13331982.315) * (13331982.315 / 9095879.241)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9664 * 1.0637 * 38.25 % * 0.1709 * 1.4657
=9.85 %

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 Jaya Real Property Tbk ROE % Related Terms

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PT Jaya Real Property Tbk (ISX:JRPT) Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Bintaro Jaya, CBD Emerald Blok CE/A No. 01, Tangerang, IDN, 15227
PT Jaya Real Property Tbk is a property development company engaged in the development of housing and industrial estate, the development of infrastructure and public facilities, and the provision of supporting services. The company is developing housing and managing property business in the area of Jakarta Selatan and Tangerang which includes land clearance, real estate developments, and tenancy of shopping centers. Its portfolio of properties includes Plaza Bintaro Jaya, Plaza Slipi Jaya, Bintaro Jaya Xchange Mall, BX Rink, BTC and Pasar Modern, and Senen Jaya Wholesale Center, among others. The company operates in two business segments namely, sales of land and buildings and rental and other services. The majority of the revenue is earned from the sales of land and buildings.

PT Jaya Real Property Tbk (ISX:JRPT) Headlines

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