PT Astra International Tbk (ISX:ASII) Return-on-Tangible-Asset: 4.73% (As of Mar. 2026) — 32% Below Median


ISX:ASII PT Astra International Tbk ISX:ASII
92 GF Score
Price Rp4,780.00
GF Value Rp5,290.26
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Astra International Tbk Return-on-Tangible-Asset?

PT Astra International Tbk ISX:ASII -0.62% 92 Return-on-Tangible-Asset is 4.73% as of Mar. 2026, which is 32% below its 10-year median of 6.99. GuruFocus rates ISX:ASII with a GF Score™ of 92/100 and a GF Value™ of Rp5,290.26 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 569 Conglomerates companies, PT Astra International Tbk ranks better than 78.56% 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 Astra International Tbk's annualized Net Income for the quarter that ended in Mar. 2026 was Rp23,400,000 Mil. PT Astra International Tbk's average total tangible assets for the quarter that ended in Mar. 2026 was Rp494,291,000 Mil. Therefore, PT Astra International Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.73%.

The historical rank and industry rank for PT Astra International Tbk's Return-on-Tangible-Asset or its related term are showing as below:

ISX:ASII' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.89   Med: 6.99   Max: 8.2
Current: 6.54

During the past 13 years, PT Astra International Tbk's highest Return-on-Tangible-Asset was 8.20%. The lowest was 4.89%. And the median was 6.99%.

ISX:ASII's Return-on-Tangible-Asset is ranked better than
78.56% of 569 companies
in the Conglomerates industry
Industry Median: 2.69 vs ISX:ASII: 6.54

PT Astra International Tbk  (ISX:ASII) 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 company’s 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 company’s 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 Astra International Tbk Return-on-Tangible-Asset Related Terms


PT Astra International Tbk Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for PT Astra International 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 Astra International Tbk Return-on-Tangible-Asset Chart

PT Astra International Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.98 7.72 8.20 7.70 6.95

PT Astra International Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.96 7.26 7.49 6.80 4.73

ISX:ASII vs HON, MMM: Return-on-Tangible-Asset Comparison

For the Conglomerates subindustry, PT Astra International 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 Astra International Tbk Return-on-Tangible-Asset vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, PT Astra International Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Astra International Tbk's Return-on-Tangible-Asset falls into.


ISX:ASII
92GF Score
PT Astra International Tbk ISX:ASII
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Astra International Tbk Return-on-Tangible-Asset Calculation

PT Astra International Tbk's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=32769000/( (453385000+489056000)/ 2 )
=32769000/471220500
=6.95 %

PT Astra International Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=23400000/( (489056000+499526000)/ 2 )
=23400000/494291000
=4.73 %

* 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 4.73% mean?
PT Astra International Tbk (ISX:ASII) has a Return-on-Tangible-Asset of 4.73% 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 Astra International Tbk and its competitors. This is 32% below median its historical median of 6.99. Over the past decade, PT Astra International Tbk's Return-on-Tangible-Asset has ranged from 4.89 to 8.20. According to the industry distribution chart, PT Astra International Tbk ranks #122 out of 569 companies in the Conglomerates industry, placing it in the top 21.4%.
Is PT Astra International Tbk's Return-on-Tangible-Asset too high?
PT Astra International Tbk's current Return-on-Tangible-Asset of 4.73% is 32% below median its 10-year median of 6.99. Over the past 10 years, this metric has ranged from a low of 4.89 to a high of 8.20. The Conglomerates industry median Return-on-Tangible-Asset is 2.69. PT Astra International Tbk's value of 4.73% is 75.8% above this industry median. Based on the distribution chart, PT Astra International Tbk ranks #122 out of 569 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, PT Astra International Tbk has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Astra International Tbk's Return-on-Tangible-Asset compare to HON and MMM?
According to the Conglomerates industry distribution chart, PT Astra International Tbk ranks #122 out of 569 companies for Return-on-Tangible-Asset. This places PT Astra International Tbk in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.69. PT Astra International Tbk's value of 4.73% is 75.8% above this benchmark. Historically, PT Astra International Tbk's own Return-on-Tangible-Asset has ranged from 4.89 to 8.20 over the past decade. While the company's 10-year median is 6.99 vs. the industry median of 2.69, PT Astra International 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.69, based on 569 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 Astra International Tbk's current Return-on-Tangible-Asset of 4.73% is 75.8% 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 Astra International Tbk and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Astra International Tbk's current Return-on-Tangible-Asset is 4.73%, which is 32% below median its own 10-year median of 6.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Astra International Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Astra International Tbk (ISX:ASII) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp5,290.26, compared to a current price of Rp4,780.00 — trading 9.6% below its estimated fair value. The current Return-on-Tangible-Asset is 4.73%, which is 32% below median its 10-year median of 6.99 and 75.8% above the Conglomerates industry median of 2.69. PT Astra International Tbk's overall GF Score™ is 92/100 with 4 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 Astra International Tbk (ISX:ASII), the current Return-on-Tangible-Asset is 4.73% 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 Astra International Tbk (ISX:ASII) Overvalued in 2026?

Based on GuruFocus' analysis, PT Astra International Tbk stock appears to be undervalued. The current stock price of Rp4,780.00 is trading 9.6% below its estimated GF Value™ of Rp5,290.26. GuruFocus considers PT Astra International Tbk to be Modestly Undervalued.

Key valuation signals for ISX:ASII:

  • Return-on-Tangible-Asset: 4.73% (32% below median its 10-year median of 6.99)
  • GF Value™: Rp5,290.26 vs. price of Rp4,780.00 (9.6% below fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 75.8% above the Conglomerates median (#122 of 569)

No single metric tells the full story. See the ISX:ASII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Astra International Tbk Business Description

Address Jalan Jend. Sudirman Kav. 5-6, Menara Astra, 59th Floor, Karet Tengsin, Tanah Abang, Jakarta, IDN, 10220
PT Astra International Tbk Indonesia-based conglomerate of companies operating in seven segments: Automotive and mobility, Financial Services, Energy (HEMCE), Agribusiness, Infrastructure, Information Technology, and Property. The company generates maximum revenue from Energy Segment. In automotive, Astra International offers car brands including Toyota, Daihatsu, Isuzu, BMW, Peugeot, UD Trucks, and Honda motorcycles. The company also offers car maintenance and services via its distribution network. Financial services support financing for Astra's other business segments. Heavy equipment and mining consist of three core activities: construction machinery, mining contracting, and coal mining, and other activities.
92GF Score

Get the complete analysis for ISX:ASII

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp4,780.00
Price
Rp5,290.26
GF Value