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PT Garuda Maintenance Facility Aero Asia Tbk (ISX:GMFI) Return-on-Tangible-Asset : 3.68% (As of Mar. 2025)


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What is PT Garuda Maintenance Facility Aero Asia Tbk Return-on-Tangible-Asset?

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 Garuda Maintenance Facility Aero Asia Tbk's annualized Net Income for the quarter that ended in Mar. 2025 was Rp250,061 Mil. PT Garuda Maintenance Facility Aero Asia Tbk's average total tangible assets for the quarter that ended in Mar. 2025 was Rp6,800,296 Mil. Therefore, PT Garuda Maintenance Facility Aero Asia Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 3.68%.

The historical rank and industry rank for PT Garuda Maintenance Facility Aero Asia Tbk's Return-on-Tangible-Asset or its related term are showing as below:

ISX:GMFI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -51.83   Med: 3.34   Max: 15.09
Current: 6.7

During the past 13 years, PT Garuda Maintenance Facility Aero Asia Tbk's highest Return-on-Tangible-Asset was 15.09%. The lowest was -51.83%. And the median was 3.34%.

ISX:GMFI's Return-on-Tangible-Asset is ranked better than
71.96% of 321 companies
in the Aerospace & Defense industry
Industry Median: 2.99 vs ISX:GMFI: 6.70

PT Garuda Maintenance Facility Aero Asia Tbk Return-on-Tangible-Asset Historical Data

The historical data trend for PT Garuda Maintenance Facility Aero Asia 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.

* Premium members only.

PT Garuda Maintenance Facility Aero Asia Tbk Return-on-Tangible-Asset Chart

PT Garuda Maintenance Facility Aero Asia Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -51.83 -27.92 0.95 4.81 6.25

PT Garuda Maintenance Facility Aero Asia Tbk Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.22 10.22 1.93 10.98 3.68

Competitive Comparison of PT Garuda Maintenance Facility Aero Asia Tbk's Return-on-Tangible-Asset

For the Aerospace & Defense subindustry, PT Garuda Maintenance Facility Aero Asia 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 Garuda Maintenance Facility Aero Asia Tbk's Return-on-Tangible-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, PT Garuda Maintenance Facility Aero Asia Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Garuda Maintenance Facility Aero Asia Tbk's Return-on-Tangible-Asset falls into.


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PT Garuda Maintenance Facility Aero Asia Tbk Return-on-Tangible-Asset Calculation

PT Garuda Maintenance Facility Aero Asia Tbk's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=431219.171/( (6982179.207+6809289.228)/ 2 )
=431219.171/6895734.2175
=6.25 %

PT Garuda Maintenance Facility Aero Asia Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=250060.936/( (6809289.228+6791301.885)/ 2 )
=250060.936/6800295.5565
=3.68 %

* 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. 2025) net income data.


PT Garuda Maintenance Facility Aero Asia Tbk  (ISX:GMFI) 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 Garuda Maintenance Facility Aero Asia Tbk Return-on-Tangible-Asset Related Terms

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PT Garuda Maintenance Facility Aero Asia Tbk Business Description

Traded in Other Exchanges
N/A
Address
PT Garuda Maintenance Facility Aero Asia Tbk, Second Floor, South Lobby Hangar 4, Soekarno-Hatta Airport Office Area, Pajang Village, Benda District, Tangerang, IDN, 15125
PT Garuda Maintenance Facility Aero Asia Tbk is an Indonesia-based aircraft maintenance company. It offers various services including line maintenance, base maintenance, component services, engineering services, components maintenance and calibration, material services, logistics, cabin maintenance services, and other services. It also offers consulting services, training, and provision of experts in the field of aircraft maintenance, components, and engines. The company's operating segments are repairs and maintenance airframe, engine, and component segment, which is the revenue driver for the company; Line maintenance and technical ground handling segment; and other operations.