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.
The historical rank and industry rank for PT Megapolitan Developments Tbk's Return-on-Tangible-Asset or its related term are showing as below:
ISX:EMDE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.45 Med: -0.41 Max: 33.27
Current: -2.15
During the past 13 years, PT Megapolitan Developments Tbk's highest Return-on-Tangible-Asset was 33.27%. The lowest was -7.45%. And the median was -0.41%.
ISX:EMDE's Return-on-Tangible-Asset is ranked worse than 78.3% of 1797
companies
in the Real Estate industry
Industry Median: 1.86
vs ISX:EMDE: -2.15
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 Megapolitan Developments Tbk Return-on-Tangible-Asset Related Terms
PT Megapolitan Developments 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.
ISX:EMDE vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison
For the Real Estate Services subindustry, PT Megapolitan Developments 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 Megapolitan Developments Tbk Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, PT Megapolitan Developments Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Megapolitan Developments 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 1.55% mean?
PT Megapolitan Developments Tbk (ISX:EMDE) has a Return-on-Tangible-Asset of 1.55% 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 Megapolitan Developments Tbk and its competitors. According to the industry distribution chart, PT Megapolitan Developments Tbk ranks #1407 out of 1797 companies in the Real Estate industry, placing it in the top 78.3%.
Is PT Megapolitan Developments Tbk's Return-on-Tangible-Asset too high?
PT Megapolitan Developments Tbk's current Return-on-Tangible-Asset is 1.55%. The Real Estate industry median Return-on-Tangible-Asset is 1.86. PT Megapolitan Developments Tbk's value of 1.55% is 16.7% below this industry median. Based on the distribution chart, PT Megapolitan Developments Tbk ranks #1407 out of 1797 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, PT Megapolitan Developments Tbk has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Megapolitan Developments Tbk's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PT Megapolitan Developments Tbk ranks #1407 out of 1797 companies for Return-on-Tangible-Asset. This places PT Megapolitan Developments Tbk in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.86. PT Megapolitan Developments Tbk's value of 1.55% is 16.7% below this benchmark. 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.86, based on 1,797 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 Megapolitan Developments Tbk's current Return-on-Tangible-Asset of 1.55% is 16.7% 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 Megapolitan Developments Tbk and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Megapolitan Developments Tbk's current Return-on-Tangible-Asset is 1.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Megapolitan Developments Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Megapolitan Developments Tbk (ISX:EMDE) is currently considered Fairly Valued. The stock's GF Value™ is Rp76.29, compared to a current price of Rp77.00 — trading 0.9% above its estimated fair value. The current Return-on-Tangible-Asset is 1.55% and 16.7% below the Real Estate industry median of 1.86. PT Megapolitan Developments Tbk's overall GF Score™ is 68/100 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 Megapolitan Developments Tbk (ISX:EMDE), the current Return-on-Tangible-Asset is 1.55% 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 Megapolitan Developments Tbk (ISX:EMDE) Overvalued in 2026?
Based on GuruFocus' analysis, PT Megapolitan Developments Tbk stock appears to be overvalued.
The current stock price of Rp77.00 is trading 0.9% above its estimated GF Value™ of Rp76.29.
GuruFocus considers PT Megapolitan Developments Tbk to be Fairly Valued.
Key valuation signals for ISX:EMDE:
Return-on-Tangible-Asset: 1.55%
GF Value™: Rp76.29 vs. price of Rp77.00 (0.9% above fair value)
Industry Position: 16.7% below the Real Estate median (#1407 of 1797)
No single metric tells the full story. See the ISX:EMDE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Megapolitan Developments Tbk engages in real estate and property development and management. The Company's Articles of Association, the Company's business activities include the purchase, sale, rental, and operation of real estate, whether owned or leased, such as apartment buildings, residential buildings, and non-residential. The firm operates through two segments, namely Property and Shopping Center. It generates revenue through home sales, shophouse sales, land plot sales, rental income, shop and kiosk sales, and apartment sales. The company earns the majority of its revenue from the Shopping Center segment.
68GF Score
Get the complete analysis for ISX:EMDE
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:EMDE has been successfully added to your 
