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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 Atlas Resources Tbk's annualizedNet Income for the quarter that ended in Mar. 2026 was Rp411,857 Mil. PT Atlas Resources Tbk's average total tangible assets for the quarter that ended in Mar. 2026 was Rp9,509,587 Mil. Therefore, PT Atlas Resources Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.33%.
The historical rank and industry rank for PT Atlas Resources Tbk's Return-on-Tangible-Asset or its related term are showing as below:
ISX:ARII'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.72 Med: -0.69 Max: 6.65
Current: -0.51
During the past 13 years, PT Atlas Resources Tbk's highest Return-on-Tangible-Asset was 6.65%. The lowest was -10.72%. And the median was -0.69%.
ISX:ARII's Return-on-Tangible-Asset is ranked better than 50.27% of 185
companies
in the Other Energy Sources industry
Industry Median: -0.61
vs ISX:ARII: -0.51
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 Atlas Resources Tbk Return-on-Tangible-Asset Related Terms
PT Atlas Resources Tbk Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for PT Atlas 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.
For the Thermal Coal subindustry, PT Atlas 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 Atlas Resources Tbk Return-on-Tangible-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Atlas Resources Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Atlas 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.33% mean?
PT Atlas Resources Tbk (ISX:ARII) has a Return-on-Tangible-Asset of 4.33% 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 Atlas Resources Tbk and its competitors. According to the industry distribution chart, PT Atlas Resources Tbk ranks #92 out of 185 companies in the Other Energy Sources industry, placing it in the top 49.7%.
Is PT Atlas Resources Tbk's Return-on-Tangible-Asset too high?
PT Atlas Resources Tbk's current Return-on-Tangible-Asset is 4.33%. Based on the distribution chart, PT Atlas Resources Tbk ranks #92 out of 185 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, PT Atlas Resources Tbk has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Atlas Resources Tbk's Return-on-Tangible-Asset compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Atlas Resources Tbk ranks #92 out of 185 companies for Return-on-Tangible-Asset. This puts PT Atlas Resources Tbk in the upper half of its 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 Atlas Resources Tbk and its competitors. PT Atlas Resources Tbk's current Return-on-Tangible-Asset is 4.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Atlas Resources Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Atlas Resources Tbk (ISX:ARII) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp321.80, compared to a current price of Rp268.00 — trading 16.7% below its estimated fair value. The current Return-on-Tangible-Asset is 4.33%. PT Atlas Resources Tbk's overall GF Score™ is 62/100 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 Atlas Resources Tbk (ISX:ARII), the current Return-on-Tangible-Asset is 4.33% 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 Atlas Resources Tbk (ISX:ARII) Overvalued in 2026?
Based on GuruFocus' analysis, PT Atlas Resources Tbk stock appears to be undervalued.
The current stock price of Rp268.00 is trading 16.7% below its estimated GF Value™ of Rp321.80.
GuruFocus considers PT Atlas Resources Tbk to be Modestly Undervalued.
Key valuation signals for ISX:ARII:
Return-on-Tangible-Asset: 4.33%
GF Value™: Rp321.80 vs. price of Rp268.00 (16.7% below fair value)
No single metric tells the full story. See the ISX:ARII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Atlas Resources Tbk is an Indonesia-based company engaged in the production of coal. The business activity of the firm is in the services, development, transportation, machine repair, printing, trade, industry, and agriculture. The company has 2 main activities namely, Export-import and trade of solid fuels: includes trade in coal, solid coal briquettes, refractory ash, and other related business activities and second Mining and coal transportation: This includes management and maintenance of transportation facilities related to mining and coal, as well as related business activities. Geographically the group has a presence in the region of Japan, China, Korea, Thailand, Europe, India, and Indonesia.
62GF Score
Get the complete analysis for ISX:ARII
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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