PT Berlian Laju Tanker Tbk (ISX:BLTA) Return-on-Tangible-Asset: 1.26% (As of Jun. 2026) — 44% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ISX:BLTA PT Berlian Laju Tanker Tbk ISX:BLTA
78 GF Score
Price Rp33.00
GF Value Rp34.11
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is PT Berlian Laju Tanker Tbk Return-on-Tangible-Asset?

PT Berlian Laju Tanker Tbk ISX:BLTA 78 Return-on-Tangible-Asset is 1.26% as of Jun. 2026, which is 44% below its 10-year median of 2.26. GuruFocus rates ISX:BLTA with a GF Score™ of 78/100 and a GF Value™ of Rp34.11 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,011 Transportation companies, PT Berlian Laju Tanker Tbk ranks worse than 72.8% 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 Berlian Laju Tanker Tbk's annualized Net Income for the quarter that ended in Jun. 2026 was Rp32,967 Mil. PT Berlian Laju Tanker Tbk's average total tangible assets for the quarter that ended in Jun. 2026 was Rp2,622,385 Mil. Therefore, PT Berlian Laju Tanker Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.26%.

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

ISX:BLTA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.5   Med: 2.26   Max: 15.4
Current: 1.07

During the past 13 years, PT Berlian Laju Tanker Tbk's highest Return-on-Tangible-Asset was 15.40%. The lowest was -16.50%. And the median was 2.26%.

ISX:BLTA's Return-on-Tangible-Asset is ranked worse than
72.8% of 1011 companies
in the Transportation industry
Industry Median: 3.75 vs ISX:BLTA: 1.07

PT Berlian Laju Tanker Tbk  (ISX:BLTA) 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 Berlian Laju Tanker Tbk Return-on-Tangible-Asset Related Terms


PT Berlian Laju Tanker Tbk Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for PT Berlian Laju Tanker 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 Berlian Laju Tanker Tbk Return-on-Tangible-Asset Chart

PT Berlian Laju Tanker 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 8.47 11.65 15.40 2.82 1.69

PT Berlian Laju Tanker Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.74 1.70 -0.10 1.45 1.26

PT Berlian Laju Tanker Tbk Return-on-Tangible-Asset Competitor Comparison

For the Marine Shipping subindustry, PT Berlian Laju Tanker 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 Berlian Laju Tanker Tbk Return-on-Tangible-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, PT Berlian Laju Tanker Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Berlian Laju Tanker Tbk's Return-on-Tangible-Asset falls into.


ISX:BLTA
78GF Score
PT Berlian Laju Tanker Tbk ISX:BLTA
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Berlian Laju Tanker Tbk Return-on-Tangible-Asset Calculation

PT Berlian Laju Tanker 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 )
=42285.735/( (2423220.505+2574701.736)/ 2 )
=42285.735/2498961.1205
=1.69 %

PT Berlian Laju Tanker Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=32967.468/( (2562562.427+2682207.96)/ 2 )
=32967.468/2622385.1935
=1.26 %

* 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 1.26% mean?
PT Berlian Laju Tanker Tbk (ISX:BLTA) has a Return-on-Tangible-Asset of 1.26% 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 Berlian Laju Tanker Tbk and its competitors. This is 44% below median its historical median of 2.26. According to the industry distribution chart, PT Berlian Laju Tanker Tbk ranks #736 out of 1011 companies in the Transportation industry, placing it in the top 72.8%.
Is PT Berlian Laju Tanker Tbk's Return-on-Tangible-Asset too high?
PT Berlian Laju Tanker Tbk's current Return-on-Tangible-Asset of 1.26% is 44% below median its 10-year median of 2.26. The Transportation industry median Return-on-Tangible-Asset is 3.75. PT Berlian Laju Tanker Tbk's value of 1.26% is 66.4% below this industry median. Based on the distribution chart, PT Berlian Laju Tanker Tbk ranks #736 out of 1011 companies in the Transportation industry, which is below the industry midpoint. Overall, PT Berlian Laju Tanker Tbk has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Berlian Laju Tanker Tbk's Return-on-Tangible-Asset compare to competitors?
According to the Transportation industry distribution chart, PT Berlian Laju Tanker Tbk ranks #736 out of 1011 companies for Return-on-Tangible-Asset. This places PT Berlian Laju Tanker Tbk in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.75. PT Berlian Laju Tanker Tbk's value of 1.26% is 66.4% below this benchmark. While the company's 10-year median is 2.26 vs. the industry median of 3.75, PT Berlian Laju Tanker Tbk has consistently been below 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.75, based on 1,011 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 Berlian Laju Tanker Tbk's current Return-on-Tangible-Asset of 1.26% is 66.4% below 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 Berlian Laju Tanker Tbk and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Berlian Laju Tanker Tbk's current Return-on-Tangible-Asset is 1.26%, which is 44% below median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Berlian Laju Tanker Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Berlian Laju Tanker Tbk (ISX:BLTA) is currently considered Fairly Valued. The stock's GF Value™ is Rp34.11, compared to a current price of Rp33.00 — trading 3.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.26%, which is 44% below median its 10-year median of 2.26 and 66.4% below the Transportation industry median of 3.75. PT Berlian Laju Tanker Tbk's overall GF Score™ is 78/100 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 Berlian Laju Tanker Tbk (ISX:BLTA), the current Return-on-Tangible-Asset is 1.26% 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 Berlian Laju Tanker Tbk (ISX:BLTA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Berlian Laju Tanker Tbk stock appears to be undervalued. The current stock price of Rp33.00 is trading 3.3% below its estimated GF Value™ of Rp34.11. GuruFocus considers PT Berlian Laju Tanker Tbk to be Fairly Valued.

Key valuation signals for ISX:BLTA:

  • Return-on-Tangible-Asset: 1.26% (44% below median its 10-year median of 2.26)
  • GF Value™: Rp34.11 vs. price of Rp33.00 (3.3% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 66.4% below the Transportation median (#736 of 1011)

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


PT Berlian Laju Tanker Tbk Business Description

Address Jalan Abdul Muis No. 40, 10th Floor, Gambir Wisma BSG, Jakarta Pusat, IDN, 10160
PT Berlian Laju Tanker Tbk is a company that is involved in the business of maritime transportation of liquid and gas bulk cargo. The company's business activity is to provide the service of chartering out of cargo space in its vessels to third parties to transport liquid cargo. The company has three reportable segments: the chemical tankers segment, which is the key revenue driver, provides maritime transportation of liquid chemical and vegetable oil and animal fats; the gas tankers segment provides maritime transportation of liquefied gas such as LPG, propylene, propane, and LNG and the others segments include manning and ship management. The company operates in two geographical areas, namely Malaysia and Indonesia.
78GF Score

Get the complete analysis for ISX:BLTA

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

Rp33.00
Price
Rp34.11
GF Value