PT Adirana Armada TbkISX:ASSA +0.86%89 Return-on-Tangible-Asset is 4.63% as of Mar. 2026, which is 80% above its 10-year median of 2.57. GuruFocus rates ISX:ASSA with a GF Score™ of 89/100 and a GF Value™ of Rp1,062.35 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,097 Business Services companies, PT Adirana Armada Tbk ranks better than 55.61% 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 Adirana Armada Tbk's annualizedNet Income for the quarter that ended in Mar. 2026 was Rp393,902 Mil. PT Adirana Armada Tbk's average total tangible assets for the quarter that ended in Mar. 2026 was Rp8,512,808 Mil. Therefore, PT Adirana Armada Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.63%.
The historical rank and industry rank for PT Adirana Armada Tbk's Return-on-Tangible-Asset or its related term are showing as below:
ISX:ASSA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.46 Med: 2.57 Max: 5.26
Current: 5
During the past 13 years, PT Adirana Armada Tbk's highest Return-on-Tangible-Asset was 5.26%. The lowest was 1.46%. And the median was 2.57%.
ISX:ASSA's Return-on-Tangible-Asset is ranked better than 55.61% of 1097
companies
in the Business Services industry
Industry Median: 3.94
vs ISX:ASSA: 5.00
PT Adirana Armada Tbk (ISX:ASSA) 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 Adirana Armada Tbk Return-on-Tangible-Asset Related Terms
PT Adirana Armada Tbk Return-on-Tangible-Asset Historical Data
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The historical data trend for PT Adirana Armada 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 Adirana Armada Tbk Return-on-Tangible-Asset Chart
ISX:ASSA vs URI, SUNB, AER: Return-on-Tangible-Asset Comparison
For the Rental & Leasing Services subindustry, PT Adirana Armada 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 Adirana Armada Tbk Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, PT Adirana Armada Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Adirana Armada 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 4.63% mean?
PT Adirana Armada Tbk (ISX:ASSA) has a Return-on-Tangible-Asset of 4.63% 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 Adirana Armada Tbk and its competitors. This is 80% above median its historical median of 2.57. Over the past decade, PT Adirana Armada Tbk's Return-on-Tangible-Asset has ranged from 1.46 to 5.26. According to the industry distribution chart, PT Adirana Armada Tbk ranks #487 out of 1097 companies in the Business Services industry, placing it in the top 44.4%.
Is PT Adirana Armada Tbk's Return-on-Tangible-Asset too high?
PT Adirana Armada Tbk's current Return-on-Tangible-Asset of 4.63% is 80% above median its 10-year median of 2.57. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 5.26. The Business Services industry median Return-on-Tangible-Asset is 3.94. PT Adirana Armada Tbk's value of 4.63% is 17.5% above this industry median. Based on the distribution chart, PT Adirana Armada Tbk ranks #487 out of 1097 companies in the Business Services industry, which is above the industry midpoint. Overall, PT Adirana Armada Tbk has a GF Score™ of 89/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Adirana Armada Tbk's Return-on-Tangible-Asset compare to URI and SUNB?
According to the Business Services industry distribution chart, PT Adirana Armada Tbk ranks #487 out of 1097 companies for Return-on-Tangible-Asset. This puts PT Adirana Armada Tbk in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.94. PT Adirana Armada Tbk's value of 4.63% is 17.5% above this benchmark. Historically, PT Adirana Armada Tbk's own Return-on-Tangible-Asset has ranged from 1.46 to 5.26 over the past decade. While the company's 10-year median is 2.57 vs. the industry median of 3.94, PT Adirana Armada 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.94, based on 1,097 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 Adirana Armada Tbk's current Return-on-Tangible-Asset of 4.63% is 17.5% 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 Adirana Armada Tbk and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Adirana Armada Tbk's current Return-on-Tangible-Asset is 4.63%, which is 80% above median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Adirana Armada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Adirana Armada Tbk (ISX:ASSA) is currently considered Possible Value Trap. The stock's GF Value™ is Rp1,062.35, compared to a current price of Rp585.00 — trading 44.9% below its estimated fair value. The current Return-on-Tangible-Asset is 4.63%, which is 80% above median its 10-year median of 2.57 and 17.5% above the Business Services industry median of 3.94. PT Adirana Armada Tbk's overall GF Score™ is 89/100 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 Adirana Armada Tbk (ISX:ASSA), the current Return-on-Tangible-Asset is 4.63% 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 Adirana Armada Tbk (ISX:ASSA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Adirana Armada Tbk stock appears to be undervalued.
The current stock price of Rp585.00 is trading 44.9% below its estimated GF Value™ of Rp1,062.35.
GuruFocus considers PT Adirana Armada Tbk to be Possible Value Trap.
Key valuation signals for ISX:ASSA:
Return-on-Tangible-Asset: 4.63% (80% above median its 10-year median of 2.57)
GF Value™: Rp1,062.35 vs. price of Rp585.00 (44.9% below fair value)
Industry Position: 17.5% above the Business Services median (#487 of 1097)
No single metric tells the full story. See the ISX:ASSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Adi Sarana Armada Tbk provides integrated transportation solutions in the form of vehicle rental services. The company is engaged in businesses in inland transportation, including passenger transportation by means of buses, sedans, and other land vehicles, transporting goods, delivery, transportation management, expeditions, and warehouses, and provides long and short-term rental services. The company's segment includes Autopool Passenger Car Vehicle Rental Segment, Delivery Service Segment, Used Vehicle Sales segment, Steering Driver Rental Segment, Auction Services Segment, Logistics and Warehouse Management Segment, and Other segment. The majority of its revenue is generated from the Auction Services segment.
89GF Score
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