PT Gudang Garam TbkGGNPF 51 Return-on-Tangible-Asset is 0.00% as of Mar. 2026. GuruFocus rates GGNPF with a GF Score™ of 51/100 and a GF Value™ of $0.85 (Fairly Valued). The stock has 7 warning signs investors should review. Among 49 Tobacco Products companies, PT Gudang Garam Tbk ranks worse than 65.31% 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 Gudang Garam Tbk's annualizedNet Income for the quarter that ended in Mar. 2026 was $0 Mil. PT Gudang Garam Tbk's average total tangible assets for the quarter that ended in Mar. 2026 was $3,631 Mil. Therefore, PT Gudang Garam Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.00%.
The historical rank and industry rank for PT Gudang Garam Tbk's Return-on-Tangible-Asset or its related term are showing as below:
GGNPF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.31 Med: 8.21 Max: 14.73
Current: 2.27
During the past 13 years, PT Gudang Garam Tbk's highest Return-on-Tangible-Asset was 14.73%. The lowest was 1.31%. And the median was 8.21%.
GGNPF's Return-on-Tangible-Asset is ranked worse than 65.31% of 49
companies
in the Tobacco Products industry
Industry Median: 10.52
vs GGNPF: 2.27
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 Gudang Garam Tbk Return-on-Tangible-Asset Related Terms
PT Gudang Garam Tbk Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for PT Gudang Garam 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.
GGNPF vs PM, MO, TPB: Return-on-Tangible-Asset Comparison
For the Tobacco subindustry, PT Gudang Garam 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 Gudang Garam Tbk Return-on-Tangible-Asset vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, PT Gudang Garam Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Gudang Garam 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 0.00% mean?
PT Gudang Garam Tbk (GGNPF) has a Return-on-Tangible-Asset of 0.00% 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 Gudang Garam Tbk and its competitors. Over the past decade, PT Gudang Garam Tbk's Return-on-Tangible-Asset has ranged from 1.31 to 14.73. According to the industry distribution chart, PT Gudang Garam Tbk ranks #32 out of 49 companies in the Tobacco Products industry, placing it in the top 65.3%.
Is PT Gudang Garam Tbk's Return-on-Tangible-Asset too high?
PT Gudang Garam Tbk's current Return-on-Tangible-Asset is 0.00%. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 14.73. Based on the distribution chart, PT Gudang Garam Tbk ranks #32 out of 49 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, PT Gudang Garam Tbk has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Gudang Garam Tbk's Return-on-Tangible-Asset compare to PM and MO?
According to the Tobacco Products industry distribution chart, PT Gudang Garam Tbk ranks #32 out of 49 companies for Return-on-Tangible-Asset. This places PT Gudang Garam Tbk in the lower half of its industry. The industry median Return-on-Tangible-Asset is 10.52. Historically, PT Gudang Garam Tbk's own Return-on-Tangible-Asset has ranged from 1.31 to 14.73 over the past decade. 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 Tobacco Products company?
The median Return-on-Tangible-Asset among Tobacco Products companies is 10.52, based on 49 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. 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 Gudang Garam Tbk and its competitors. For the Tobacco Products industry, the median Return-on-Tangible-Asset is 10.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Gudang Garam Tbk's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Gudang Garam Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Gudang Garam Tbk (GGNPF) is currently considered Fairly Valued. The stock's GF Value™ is $0.85, compared to a current price of $0.90 — trading 6.1% above its estimated fair value. The current Return-on-Tangible-Asset is 0.00%. PT Gudang Garam Tbk's overall GF Score™ is 51/100 with 7 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 Gudang Garam Tbk (GGNPF), the current Return-on-Tangible-Asset is 0.00% 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.
Is PT Gudang Garam Tbk (GGNPF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Gudang Garam Tbk stock appears to be overvalued.
The current stock price of $0.90 is trading 6.1% above its estimated GF Value™ of $0.85.
GuruFocus considers PT Gudang Garam Tbk to be Fairly Valued.
Key valuation signals for GGNPF:
Return-on-Tangible-Asset: 0.00%
GF Value™: $0.85 vs. price of $0.90 (6.1% above fair value)
No single metric tells the full story. See the GGNPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Gudang Garam Tbk manufactures kretek cigarettes, which are clove cigarettes common in Indonesia. The firm's operations are almost entirely domestic, with its tobacco and clove farmers. Nearly majority of the company's sales are generated in Indonesia. The company's brand families include Gudang Garam, Merah, and others. Other brands include Sriwedari, which is a hand-rolled brand, and Klobot. The company's segment includes Cigarettes, Paperboard, Infrastructure, and Others. The company generates the majority of revenue from sale of Cigarettes.
51GF Score
Get the complete analysis for GGNPF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
GGNPF has been successfully added to your 
