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PT Bayan Resources TbkFRA:BNB -0.94%52 Return-on-Tangible-Asset is 24.13% as of Jun. 2026, which is 20% below its 10-year median of 30.17. GuruFocus rates FRA:BNB with a GF Score™ of 52/100 and a GF Value™ of €0.86 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 187 Other Energy Sources companies, PT Bayan Resources Tbk ranks better than 96.79% on this metric.
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 Bayan Resources Tbk's annualizedNet Income for the quarter that ended in Jun. 2026 was €762 Mil. PT Bayan Resources Tbk's average total tangible assets for the quarter that ended in Jun. 2026 was €3,157 Mil. Therefore, PT Bayan Resources Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 24.13%.
The historical rank and industry rank for PT Bayan Resources Tbk's Return-on-Tangible-Asset or its related term are showing as below:
FRA:BNB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.21 Med: 30.17 Max: 70.52
Current: 24.7
During the past 13 years, PT Bayan Resources Tbk's highest Return-on-Tangible-Asset was 70.52%. The lowest was 3.21%. And the median was 30.17%.
FRA:BNB's Return-on-Tangible-Asset is ranked better than 96.79% of 187
companies
in the Other Energy Sources industry
Industry Median: 0.26
vs FRA:BNB: 24.70
PT Bayan Resources Tbk (FRA:BNB) 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 Bayan Resources Tbk Return-on-Tangible-Asset Related Terms
PT Bayan Resources Tbk Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for PT Bayan Resources 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 Bayan Resources Tbk Return-on-Tangible-Asset Chart
PT Bayan Resources Tbk Return-on-Tangible-Asset Competitor Comparison
For the Thermal Coal subindustry, PT Bayan Resources 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 Bayan Resources Tbk Return-on-Tangible-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Bayan Resources Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Bayan Resources 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 four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 24.13% mean?
PT Bayan Resources Tbk (FRA:BNB) has a Return-on-Tangible-Asset of 24.13% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PT Bayan Resources Tbk and its competitors. This is 20% below median its historical median of 30.17. Over the past decade, PT Bayan Resources Tbk's Return-on-Tangible-Asset has ranged from 3.21 to 70.52. According to the industry distribution chart, PT Bayan Resources Tbk ranks #6 out of 187 companies in the Other Energy Sources industry, placing it in the top 3.2%.
Is PT Bayan Resources Tbk's Return-on-Tangible-Asset too high?
PT Bayan Resources Tbk's current Return-on-Tangible-Asset of 24.13% is 20% below median its 10-year median of 30.17. Over the past 10 years, this metric has ranged from a low of 3.21 to a high of 70.52. The Other Energy Sources industry median Return-on-Tangible-Asset is 0.26. PT Bayan Resources Tbk's value of 24.13% is 9180.8% above this industry median. Based on the distribution chart, PT Bayan Resources Tbk ranks #6 out of 187 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, PT Bayan Resources Tbk has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bayan Resources Tbk's Return-on-Tangible-Asset compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Bayan Resources Tbk ranks #6 out of 187 companies for Return-on-Tangible-Asset. This places PT Bayan Resources Tbk in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.26. PT Bayan Resources Tbk's value of 24.13% is 9180.8% above this benchmark. Historically, PT Bayan Resources Tbk's own Return-on-Tangible-Asset has ranged from 3.21 to 70.52 over the past decade. While the company's 10-year median is 30.17 vs. the industry median of 0.26, PT Bayan Resources Tbk has consistently been above the industry average. 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?
The median Return-on-Tangible-Asset among Other Energy Sources companies is 0.26, based on 187 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Bayan Resources Tbk's current Return-on-Tangible-Asset of 24.13% is 9180.8% above the industry median. 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 Bayan Resources Tbk and its competitors. For the Other Energy Sources industry, the median Return-on-Tangible-Asset is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bayan Resources Tbk's current Return-on-Tangible-Asset is 24.13%, which is 20% below median its own 10-year median of 30.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bayan Resources Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bayan Resources Tbk (FRA:BNB) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.86, compared to a current price of €0.53 — trading 39% below its estimated fair value. The current Return-on-Tangible-Asset is 24.13%, which is 20% below median its 10-year median of 30.17 and 9180.8% above the Other Energy Sources industry median of 0.26. PT Bayan Resources Tbk's overall GF Score™ is 52/100 with 3 warning signs to review. 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 Bayan Resources Tbk (FRA:BNB), the current Return-on-Tangible-Asset is 24.13% as of Jun. 2026. 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.
Is PT Bayan Resources Tbk (FRA:BNB) Overvalued in 2026?
Based on GuruFocus' analysis, PT Bayan Resources Tbk stock appears to be undervalued.
The current stock price of €0.53 is trading 39% below its estimated GF Value™ of €0.86.
GuruFocus considers PT Bayan Resources Tbk to be Significantly Undervalued.
Key valuation signals for FRA:BNB:
Return-on-Tangible-Asset: 24.13% (20% below median its 10-year median of 30.17)
GF Value™: €0.86 vs. price of €0.53 (39% below fair value)
Industry Position: 9180.8% above the Other Energy Sources median (#6 of 187)
No single metric tells the full story. See the FRA:BNB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Bayan Resources Tbk is an Indonesian holding company. Through its subsidiaries, it operates as a coal producer. The company integrates coal mining, processing, and logistics operations. The segments of the company include Coal and Non-coal. The company's majority of revenue is generated by the sale of the coal segment. Geographically, the company derives a majority of its revenue from East Asia (China, Japan, Korea and Taiwan), and also has a presence in South East Asia, Domestic, South Asia, and Europe.
52GF Score
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