GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PT Essa Industries Indonesia Tbk (ISX:ESSA) » Definitions » Return-on-Tangible-Equity

PT Essa Industries Indonesia Tbk (ISX:ESSA) Return-on-Tangible-Equity : 8.67% (As of Mar. 2025)


View and export this data going back to 2012. Start your Free Trial

What is PT Essa Industries Indonesia 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 Essa Industries Indonesia Tbk's annualized net income for the quarter that ended in Mar. 2025 was Rp535,431 Mil. PT Essa Industries Indonesia Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2025 was Rp6,178,736 Mil. Therefore, PT Essa Industries Indonesia Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 8.67%.

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

ISX:ESSA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.67   Med: 7.99   Max: 59
Current: 11.8

During the past 13 years, PT Essa Industries Indonesia Tbk's highest Return-on-Tangible-Equity was 59.00%. The lowest was -12.67%. And the median was 7.99%.

ISX:ESSA's Return-on-Tangible-Equity is ranked better than
75.44% of 1539 companies
in the Chemicals industry
Industry Median: 5.32 vs ISX:ESSA: 11.80

PT Essa Industries Indonesia Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Essa Industries Indonesia 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 Essa Industries Indonesia Tbk Return-on-Tangible-Equity Chart

PT Essa Industries Indonesia Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.67 8.54 59.00 10.61 12.84

PT Essa Industries Indonesia Tbk Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 11.96 12.08 14.04 12.82 8.67

Competitive Comparison of PT Essa Industries Indonesia Tbk's Return-on-Tangible-Equity

For the Chemicals subindustry, PT Essa Industries Indonesia 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 Essa Industries Indonesia Tbk's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Essa Industries Indonesia Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Essa Industries Indonesia Tbk's Return-on-Tangible-Equity falls into.


;
;

PT Essa Industries Indonesia Tbk Return-on-Tangible-Equity Calculation

PT Essa Industries Indonesia Tbk's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=724514.275/( (5257754.512+6031856.755 )/ 2 )
=724514.275/5644805.6335
=12.84 %

PT Essa Industries Indonesia Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=535430.788/( (6031856.755+6325616.095)/ 2 )
=535430.788/6178736.425
=8.67 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


PT Essa Industries Indonesia Tbk  (ISX:ESSA) 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 Essa Industries Indonesia Tbk Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of PT Essa Industries Indonesia Tbk's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Essa Industries Indonesia Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Prof. Dr. Satrio, Kav. 3-5, DBS Bank Tower, 18th Floor, Ciputra World 1 Jakarta, Jakarta, IDN, 12940
PT Essa Industries Indonesia Tbk owns and operates privately owned domestic liquefied petroleum gas (LPG) refinery in Indonesia. Its main business is the refining and processing of natural gas to produce LPG (mixture of Propane and Butane), condensate, methanol, carbonation and gasification of coal, or other hydrocarbon materials. The principal products of the company include LPG, Condensate and Ammonia. It is also engaged in other activities such as crude oil mining, Wholesale trade in gas, liquid and solid fuels and similar products, Gas distribution and supporting service activities related to oil and gas mining carried out on a fee or contract basis. The company's segments are; LPG refinery, Ammonia which generates key revenue, and others.