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Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. PT Berau Coal Energy Tbk's annualizedNet Income for the quarter that ended in Dec. 2022 was €198.27 Mil. PT Berau Coal Energy Tbk's average total tangible assets for the quarter that ended in Dec. 2022 was €1,277.97 Mil. Therefore, PT Berau Coal Energy Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2022 was 15.51%.
The historical rank and industry rank for PT Berau Coal Energy Tbk's Return-on-Tangible-Asset or its related term are showing as below:
FRA:9BC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.75 Med: -1.16 Max: 15.51
Current: 15.51
During the past 12 years, PT Berau Coal Energy Tbk's highest Return-on-Tangible-Asset was 15.51%. The lowest was -12.75%. And the median was -1.16%.
FRA:9BC's Return-on-Tangible-Asset is not ranked
in the Other Energy Sources industry.
Industry Median: -0.51
vs FRA:9BC: 15.51
PT Berau Coal Energy Tbk (FRA:9BC) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
PT Berau Coal Energy Tbk Return-on-Tangible-Asset Related Terms
PT Berau Coal Energy Tbk Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for PT Berau Coal Energy Tbk's Return-on-Tangible-Asset 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.
PT Berau Coal Energy Tbk Return-on-Tangible-Asset Chart
FRA:9BC vs METC, HNRG: Return-on-Tangible-Asset Comparison
For the Thermal Coal subindustry, PT Berau Coal Energy Tbk's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Berau Coal Energy Tbk Return-on-Tangible-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Berau Coal Energy Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Berau Coal Energy Tbk's Return-on-Tangible-Asset falls into.
* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is one times the annual (Dec. 2022) net income data.
What does a Return-on-Tangible-Asset of 15.51% mean?
PT Berau Coal Energy Tbk (FRA:9BC) has a Return-on-Tangible-Asset of 15.51% as of Dec. 2022. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PT Berau Coal Energy Tbk and its competitors.
Is PT Berau Coal Energy Tbk's Return-on-Tangible-Asset too high?
PT Berau Coal Energy Tbk's current Return-on-Tangible-Asset is 15.51%.
How does PT Berau Coal Energy Tbk's Return-on-Tangible-Asset compare to METC and HNRG?
PT Berau Coal Energy Tbk's Return-on-Tangible-Asset of 15.51% can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Other Energy Sources company?
A good Return-on-Tangible-Asset depends on the Other Energy Sources industry context. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PT Berau Coal Energy Tbk and its competitors. PT Berau Coal Energy Tbk's current Return-on-Tangible-Asset is 15.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Berau Coal Energy Tbk stock overvalued right now?
PT Berau Coal Energy Tbk (FRA:9BC) has a current Return-on-Tangible-Asset of 15.51%. The current Return-on-Tangible-Asset is 15.51%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For PT Berau Coal Energy Tbk (FRA:9BC), the current Return-on-Tangible-Asset is 15.51% as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
PT Berau Coal Energy Tbk functions as a holding company. It is mainly involved in trading, mining, plantation, construction, real estate, agriculture, printing, industry, transportation, and services. The company, through its subsidiary, engaged in coal mining. It has an interest in three open cut mining operations; Lati, Binungan, and Sambarata. The firm supplies coal to customers in Indonesia, China, Hong Kong, India, Japan, South Korea, Taiwan, the Philippines, and Thailand. Its customers are mainly utility companies and coal trading companies.
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