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PT Prasidha Aneka Niaga Tbk (ISX:PSDN) ROE % : 19.47% (As of Dec. 2010)


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What is PT Prasidha Aneka Niaga Tbk ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT Prasidha Aneka Niaga Tbk's annualized net income for the quarter that ended in Dec. 2010 was Rp25,685 Mil. PT Prasidha Aneka Niaga Tbk's average Total Stockholders Equity over the quarter that ended in Dec. 2010 was Rp131,888 Mil. Therefore, PT Prasidha Aneka Niaga Tbk's annualized ROE % for the quarter that ended in Dec. 2010 was 19.47%.

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

ISX:PSDN's ROE % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.62
* Ranked among companies with meaningful ROE % only.

PT Prasidha Aneka Niaga Tbk ROE % Historical Data

The historical data trend for PT Prasidha Aneka Niaga 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 Prasidha Aneka Niaga Tbk ROE % Chart

PT Prasidha Aneka Niaga Tbk Annual Data
Trend Dec08 Dec09 Dec10
ROE %
27.14 41.16 19.47

PT Prasidha Aneka Niaga Tbk Semi-Annual Data
Dec08 Dec09 Dec10
ROE % 27.14 41.16 19.47

Competitive Comparison of PT Prasidha Aneka Niaga Tbk's ROE %

For the Packaged Foods subindustry, PT Prasidha Aneka Niaga 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 Prasidha Aneka Niaga Tbk's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Prasidha Aneka Niaga Tbk's ROE % distribution charts can be found below:

* The bar in red indicates where PT Prasidha Aneka Niaga Tbk's ROE % falls into.



PT Prasidha Aneka Niaga Tbk ROE % Calculation

PT Prasidha Aneka Niaga Tbk's annualized ROE % for the fiscal year that ended in Dec. 2010 is calculated as

ROE %=Net Income (A: Dec. 2010 )/( (Total Stockholders Equity (A: Dec. 2009 )+Total Stockholders Equity (A: Dec. 2010 ))/ count )
=25685.038/( (125428.542+138347.566)/ 2 )
=25685.038/131888.054
=19.47 %

PT Prasidha Aneka Niaga Tbk's annualized ROE % for the quarter that ended in Dec. 2010 is calculated as

ROE %=Net Income (Q: Dec. 2010 )/( (Total Stockholders Equity (Q: Dec. 2009 )+Total Stockholders Equity (Q: Dec. 2010 ))/ count )
=25685.038/( (125428.542+138347.566)/ 2 )
=25685.038/131888.054
=19.47 %

* 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 one times the annual (Dec. 2010) net income data. ROE % is displayed in the 30-year financial page.


PT Prasidha Aneka Niaga Tbk  (ISX:PSDN) 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: Dec. 2010 )
=Net Income/Total Stockholders Equity
=25685.038/131888.054
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(25685.038 / 928526.979)*(928526.979 / 384119.93)*(384119.93 / 131888.054)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.77 %*2.4173*2.9125
=ROA %*Equity Multiplier
=6.7 %*2.9125
=19.47 %

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: Dec. 2010 )
=Net Income/Total Stockholders Equity
=25685.038/131888.054
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (25685.038 / 39241.57) * (39241.57 / 46246.665) * (46246.665 / 928526.979) * (928526.979 / 384119.93) * (384119.93 / 131888.054)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6545 * 0.8485 * 4.98 % * 2.4173 * 2.9125
=19.47 %

Note: The net income data used here is one times the annual (Dec. 2010) net income data. The Revenue data used here is one times the annual (Dec. 2010) 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 Prasidha Aneka Niaga Tbk ROE % Related Terms

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PT Prasidha Aneka Niaga Tbk (ISX:PSDN) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jend. Sudirman No. 47, Plaza Sentral Building, 20th Floor, Jakarta, IDN, 12930
PT Prasidha Aneka Niaga Tbk is a company engaged in the agricultural products industry. Its primary business activities are processing and trading agricultural commodities like crumb rubber and coffee. The company's operating segment includes Agricultural products processing and trading; Roasted and instant coffee manufacturing and Plantations and processing of agricultural products. It generates maximum revenue from the Roasted and instant coffee manufacturing segment. The company has operations in Indonesia and foreign countries.

PT Prasidha Aneka Niaga Tbk (ISX:PSDN) Headlines