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PT Alkindo Naratama TbkISX:ALDO -5.33%64 Return-on-Tangible-Asset is 2.58% as of Mar. 2026, which is 19% below its 10-year median of 3.19. GuruFocus rates ISX:ALDO with a GF Score™ of 64/100 and a GF Value™ of Rp595.24 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 288 Forest Products companies, PT Alkindo Naratama Tbk ranks better than 60.42% 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 Alkindo Naratama Tbk's annualizedNet Income for the quarter that ended in Mar. 2026 was Rp53,977 Mil. PT Alkindo Naratama Tbk's average total tangible assets for the quarter that ended in Mar. 2026 was Rp2,095,358 Mil. Therefore, PT Alkindo Naratama Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.58%.
The historical rank and industry rank for PT Alkindo Naratama Tbk's Return-on-Tangible-Asset or its related term are showing as below:
ISX:ALDO'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.46 Med: 3.19 Max: 7.01
Current: 2
During the past 13 years, PT Alkindo Naratama Tbk's highest Return-on-Tangible-Asset was 7.01%. The lowest was -0.46%. And the median was 3.19%.
ISX:ALDO's Return-on-Tangible-Asset is ranked better than 60.42% of 288
companies
in the Forest Products industry
Industry Median: 1.07
vs ISX:ALDO: 2.00
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 Alkindo Naratama Tbk Return-on-Tangible-Asset Related Terms
PT Alkindo Naratama Tbk Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for PT Alkindo Naratama 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.
ISX:ALDO vs SLVM: Return-on-Tangible-Asset Comparison
For the Paper & Paper Products subindustry, PT Alkindo Naratama 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 Alkindo Naratama Tbk Return-on-Tangible-Asset vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, PT Alkindo Naratama Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Alkindo Naratama 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 2.58% mean?
PT Alkindo Naratama Tbk (ISX:ALDO) has a Return-on-Tangible-Asset of 2.58% 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 Alkindo Naratama Tbk and its competitors. This is 19% below median its historical median of 3.19. According to the industry distribution chart, PT Alkindo Naratama Tbk ranks #114 out of 288 companies in the Forest Products industry, placing it in the top 39.6%.
Is PT Alkindo Naratama Tbk's Return-on-Tangible-Asset too high?
PT Alkindo Naratama Tbk's current Return-on-Tangible-Asset of 2.58% is 19% below median its 10-year median of 3.19. The Forest Products industry median Return-on-Tangible-Asset is 1.07. PT Alkindo Naratama Tbk's value of 2.58% is 141.1% above this industry median. Based on the distribution chart, PT Alkindo Naratama Tbk ranks #114 out of 288 companies in the Forest Products industry, which is above the industry midpoint. Overall, PT Alkindo Naratama Tbk has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Alkindo Naratama Tbk's Return-on-Tangible-Asset compare to SLVM?
According to the Forest Products industry distribution chart, PT Alkindo Naratama Tbk ranks #114 out of 288 companies for Return-on-Tangible-Asset. This puts PT Alkindo Naratama Tbk in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.07. PT Alkindo Naratama Tbk's value of 2.58% is 141.1% above this benchmark. While the company's 10-year median is 3.19 vs. the industry median of 1.07, PT Alkindo Naratama 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 a Forest Products company?
The median Return-on-Tangible-Asset among Forest Products companies is 1.07, based on 288 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 Alkindo Naratama Tbk's current Return-on-Tangible-Asset of 2.58% is 141.1% 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 Alkindo Naratama Tbk and its competitors. For the Forest Products industry, the median Return-on-Tangible-Asset is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Alkindo Naratama Tbk's current Return-on-Tangible-Asset is 2.58%, which is 19% below median its own 10-year median of 3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Alkindo Naratama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Alkindo Naratama Tbk (ISX:ALDO) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp595.24, compared to a current price of Rp800.00 — trading 34.4% above its estimated fair value. The current Return-on-Tangible-Asset is 2.58%, which is 19% below median its 10-year median of 3.19 and 141.1% above the Forest Products industry median of 1.07. PT Alkindo Naratama Tbk's overall GF Score™ is 64/100 with 11 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 Alkindo Naratama Tbk (ISX:ALDO), the current Return-on-Tangible-Asset is 2.58% 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 Alkindo Naratama Tbk (ISX:ALDO) Overvalued in 2026?
Based on GuruFocus' analysis, PT Alkindo Naratama Tbk stock appears to be overvalued.
The current stock price of Rp800.00 is trading 34.4% above its estimated GF Value™ of Rp595.24.
GuruFocus considers PT Alkindo Naratama Tbk to be Significantly Overvalued.
Key valuation signals for ISX:ALDO:
Return-on-Tangible-Asset: 2.58% (19% below median its 10-year median of 3.19)
GF Value™: Rp595.24 vs. price of Rp800.00 (34.4% above fair value)
Industry Position: 141.1% above the Forest Products median (#114 of 288)
No single metric tells the full story. See the ISX:ALDO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Alkindo Naratama Tbk is an Indonesian business group engaged in providing solutions in the field of integrated paper production and chemicals. It converts waste paper into various paper packaging products such as papercore, paperbox, paperbag, papercup, paperbowl, hexa wrap, etc. Additionally, it offers industrial paper solutions by recycling used cardboard into jumbo rolls of brown paper into products such as Kraft Liner, Eco Board, and Core Board. In the Chemicals business, the Group offers water-based polymers, textile dyes, and other chemicals under brands and trademarks like Alfachem, Alfabond, Alfacoat, and Archroma. The Group's operating business segments are: Paper, which generates the maximum revenue, and Chemicals and others.
64GF Score
Get the complete analysis for ISX:ALDO
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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