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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 Polychem Indonesia Tbk's annualizedNet Income for the quarter that ended in Mar. 2026 was €6.6 Mil. PT Polychem Indonesia Tbk's average total tangible assets for the quarter that ended in Mar. 2026 was €132.9 Mil. Therefore, PT Polychem Indonesia Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.98%.
The historical rank and industry rank for PT Polychem Indonesia Tbk's Return-on-Tangible-Asset or its related term are showing as below:
FRA:P2I'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.89 Med: -5.87 Max: 0.17
Current: -0.14
During the past 13 years, PT Polychem Indonesia Tbk's highest Return-on-Tangible-Asset was 0.17%. The lowest was -16.89%. And the median was -5.87%.
FRA:P2I's Return-on-Tangible-Asset is ranked worse than 72.58% of 1612
companies
in the Chemicals industry
Industry Median: 3.07
vs FRA:P2I: -0.14
PT Polychem Indonesia Tbk (FRA:P2I) 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 Polychem Indonesia Tbk Return-on-Tangible-Asset Related Terms
PT Polychem Indonesia Tbk Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for PT Polychem Indonesia 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 Polychem Indonesia Tbk Return-on-Tangible-Asset Chart
FRA:P2I vs DOW: Return-on-Tangible-Asset Comparison
For the Chemicals subindustry, PT Polychem Indonesia 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 Polychem Indonesia Tbk Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, PT Polychem Indonesia Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Polychem Indonesia 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.98% mean?
PT Polychem Indonesia Tbk (FRA:P2I) has a Return-on-Tangible-Asset of 4.98% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PT Polychem Indonesia Tbk and its competitors. According to the industry distribution chart, PT Polychem Indonesia Tbk ranks #1170 out of 1612 companies in the Chemicals industry, placing it in the top 72.6%.
Is PT Polychem Indonesia Tbk's Return-on-Tangible-Asset too high?
PT Polychem Indonesia Tbk's current Return-on-Tangible-Asset is 4.98%. The Chemicals industry median Return-on-Tangible-Asset is 3.07. PT Polychem Indonesia Tbk's value of 4.98% is 62.2% above this industry median. Based on the distribution chart, PT Polychem Indonesia Tbk ranks #1170 out of 1612 companies in the Chemicals industry, which is below the industry midpoint. Overall, PT Polychem Indonesia Tbk has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does PT Polychem Indonesia Tbk's Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, PT Polychem Indonesia Tbk ranks #1170 out of 1612 companies for Return-on-Tangible-Asset. This places PT Polychem Indonesia Tbk in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.07. PT Polychem Indonesia Tbk's value of 4.98% is 62.2% above this benchmark. 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 a Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.07, based on 1,612 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 Polychem Indonesia Tbk's current Return-on-Tangible-Asset of 4.98% is 62.2% 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 Polychem Indonesia Tbk and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Polychem Indonesia Tbk's current Return-on-Tangible-Asset is 4.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Polychem Indonesia Tbk stock overvalued right now?
PT Polychem Indonesia Tbk (FRA:P2I) has a current Return-on-Tangible-Asset of 4.98%. The current Return-on-Tangible-Asset is 4.98% and 62.2% above the Chemicals industry median of 3.07. PT Polychem Indonesia Tbk's overall GF Score™ is 52/100 with 5 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 Polychem Indonesia Tbk (FRA:P2I), the current Return-on-Tangible-Asset is 4.98% as of Mar. 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.
AddressJalan Jend. Sudirman Kavling 1 RT.010 RW.009, Gedung Wisma 46-Kota BNI 20th Floor, Karet Tengsin Tanah Abang Kota Adm., Jakarta Pusat DKI, Jakarta, IDN, 10220
PT Polychem Indonesia Tbk is an Indonesia-based company that manufactures polyester chips, polyester filaments, engineering plastic, engineering resin, ethylene glycol, polyester staple fiber, and petrochemical. The company is also engaged in knitting, weaving, spinning, and textile manufacturing. The company's sales were made to Indonesia, Asia, and European countries. It has two segments: the Ethylene glycol and petrochemical segment, which derives key revenue, and the Polyester Segment.
52GF Score
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