Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 Global Digital Niaga Tbk's annualizedNet Income for the quarter that ended in Jun. 2026 was Rp-1,633,408 Mil. PT Global Digital Niaga Tbk's average total tangible assets for the quarter that ended in Jun. 2026 was Rp14,175,492 Mil. Therefore, PT Global Digital Niaga Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -11.52%.
The historical rank and industry rank for PT Global Digital Niaga Tbk's Return-on-Tangible-Asset or its related term are showing as below:
ISX:BELI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -41.65 Med: -31.77 Max: -12.89
Current: -12.89
During the past 7 years, PT Global Digital Niaga Tbk's highest Return-on-Tangible-Asset was -12.89%. The lowest was -41.65%. And the median was -31.77%.
ISX:BELI's Return-on-Tangible-Asset is ranked worse than 90.86% of 1138
companies
in the Retail - Cyclical industry
Industry Median: 3
vs ISX:BELI: -12.89
PT Global Digital Niaga Tbk (ISX:BELI) 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 Global Digital Niaga Tbk Return-on-Tangible-Asset Related Terms
PT Global Digital Niaga Tbk Return-on-Tangible-Asset Historical Data
* 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 Global Digital Niaga Tbk Return-on-Tangible-Asset Chart
ISX:BELI vs AMZN, BABA, PDD: Return-on-Tangible-Asset Comparison
For the Internet Retail subindustry, PT Global Digital Niaga 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 Global Digital Niaga Tbk Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, PT Global Digital Niaga Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Global Digital Niaga 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -11.52% mean?
PT Global Digital Niaga Tbk (ISX:BELI) has a Return-on-Tangible-Asset of -11.52% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PT Global Digital Niaga Tbk and its competitors. According to the industry distribution chart, PT Global Digital Niaga Tbk ranks #1034 out of 1138 companies in the Retail - Cyclical industry, placing it in the top 90.9%.
Is PT Global Digital Niaga Tbk's Return-on-Tangible-Asset too high?
PT Global Digital Niaga Tbk's current Return-on-Tangible-Asset is -11.52%. Based on the distribution chart, PT Global Digital Niaga Tbk ranks #1034 out of 1138 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, PT Global Digital Niaga Tbk has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Global Digital Niaga Tbk's Return-on-Tangible-Asset compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, PT Global Digital Niaga Tbk ranks #1034 out of 1138 companies for Return-on-Tangible-Asset. This places PT Global Digital Niaga Tbk in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.00. 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 3.00, based on 1,138 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 Global Digital Niaga Tbk and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Global Digital Niaga Tbk's current Return-on-Tangible-Asset is -11.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Global Digital Niaga Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Global Digital Niaga Tbk (ISX:BELI) is currently considered Possible Value Trap. The stock's GF Value™ is Rp616.43, compared to a current price of Rp266.00 — trading 56.8% below its estimated fair value. The current Return-on-Tangible-Asset is -11.52%. PT Global Digital Niaga Tbk's overall GF Score™ is 55/100 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 Global Digital Niaga Tbk (ISX:BELI), the current Return-on-Tangible-Asset is -11.52% as of Jun. 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 Global Digital Niaga Tbk (ISX:BELI) Overvalued in 2026?
Based on GuruFocus' analysis, PT Global Digital Niaga Tbk stock appears to be undervalued.
The current stock price of Rp266.00 is trading 56.8% below its estimated GF Value™ of Rp616.43.
GuruFocus considers PT Global Digital Niaga Tbk to be Possible Value Trap.
Key valuation signals for ISX:BELI:
Return-on-Tangible-Asset: -11.52%
GF Value™: Rp616.43 vs. price of Rp266.00 (56.8% below fair value)
No single metric tells the full story. See the ISX:BELI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Global Digital Niaga Tbk is engaged in the business of Retail Trading and programming Activities, as well as Web Portals and/or Digital Platforms. Its segments are Online Retail (First party and Third party), Institution, and Physical store. It generates maximum of its revenue from the Institution segment.
55GF Score
Get the complete analysis for ISX:BELI
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
ISX:BELI has been successfully added to your 
