PT Equity Development Investment Tbk (ISX:GSMF) Return-on-Tangible-Asset: -1.46% (As of Jun. 2026)

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ISX:GSMF PT Equity Development Investment Tbk ISX:GSMF
59 GF Score
Price Rp87.00
GF Value Rp45.66
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is PT Equity Development Investment Tbk Return-on-Tangible-Asset?

PT Equity Development Investment Tbk ISX:GSMF -1.14% 59 Return-on-Tangible-Asset is -1.46% as of Jun. 2026. GuruFocus rates ISX:GSMF with a GF Score™ of 59/100 and a GF Value™ of Rp45.66 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 506 Insurance companies, PT Equity Development Investment Tbk ranks worse than 84.78% 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 Equity Development Investment Tbk's annualized Net Income for the quarter that ended in Jun. 2026 was Rp-83,856 Mil. PT Equity Development Investment Tbk's average total tangible assets for the quarter that ended in Jun. 2026 was Rp5,732,047 Mil. Therefore, PT Equity Development Investment Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -1.46%.

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

ISX:GSMF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.07   Med: 0.6   Max: 2.09
Current: 0.39

During the past 13 years, PT Equity Development Investment Tbk's highest Return-on-Tangible-Asset was 2.09%. The lowest was -1.07%. And the median was 0.60%.

ISX:GSMF's Return-on-Tangible-Asset is ranked worse than
84.78% of 506 companies
in the Insurance industry
Industry Median: 2.855 vs ISX:GSMF: 0.39

PT Equity Development Investment Tbk  (ISX:GSMF) 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 Equity Development Investment Tbk Return-on-Tangible-Asset Related Terms


PT Equity Development Investment Tbk Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for PT Equity Development Investment 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 Equity Development Investment Tbk Return-on-Tangible-Asset Chart

PT Equity Development Investment 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 0.12 0.33 -1.07 0.08 0.98

PT Equity Development Investment 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 1.66 2.06 0.87 -0.03 -1.46

ISX:GSMF vs BRK.A, AIG, HIG: Return-on-Tangible-Asset Comparison

For the Insurance - Diversified subindustry, PT Equity Development Investment 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 Equity Development Investment Tbk Return-on-Tangible-Asset vs Insurance Industry

For the Insurance industry and Financial Services sector, PT Equity Development Investment Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Equity Development Investment Tbk's Return-on-Tangible-Asset falls into.


ISX:GSMF
59GF Score
PT Equity Development Investment Tbk ISX:GSMF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Equity Development Investment Tbk Return-on-Tangible-Asset Calculation

PT Equity Development Investment 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 )
=53911/( (5407188+5565572)/ 2 )
=53911/5486380
=0.98 %

PT Equity Development Investment 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 )
=-83856/( (5548172+5915922)/ 2 )
=-83856/5732047
=-1.46 %

* 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 -1.46% mean?
PT Equity Development Investment Tbk (ISX:GSMF) has a Return-on-Tangible-Asset of -1.46% 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 Equity Development Investment Tbk and its competitors. According to the industry distribution chart, PT Equity Development Investment Tbk ranks #429 out of 506 companies in the Insurance industry, placing it in the top 84.8%.
Is PT Equity Development Investment Tbk's Return-on-Tangible-Asset too high?
PT Equity Development Investment Tbk's current Return-on-Tangible-Asset is -1.46%. Based on the distribution chart, PT Equity Development Investment Tbk ranks #429 out of 506 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, PT Equity Development Investment Tbk has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Equity Development Investment Tbk's Return-on-Tangible-Asset compare to BRK.A and AIG?
According to the Insurance industry distribution chart, PT Equity Development Investment Tbk ranks #429 out of 506 companies for Return-on-Tangible-Asset. This places PT Equity Development Investment Tbk in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.86. 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 an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.86, based on 506 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 Equity Development Investment Tbk and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Equity Development Investment Tbk's current Return-on-Tangible-Asset is -1.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Equity Development Investment Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Equity Development Investment Tbk (ISX:GSMF) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp45.66, compared to a current price of Rp87.00 — trading 90.5% above its estimated fair value. The current Return-on-Tangible-Asset is -1.46%. PT Equity Development Investment Tbk's overall GF Score™ is 59/100 with 2 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 Equity Development Investment Tbk (ISX:GSMF), the current Return-on-Tangible-Asset is -1.46% 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 Equity Development Investment Tbk (ISX:GSMF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Equity Development Investment Tbk stock appears to be overvalued. The current stock price of Rp87.00 is trading 90.5% above its estimated GF Value™ of Rp45.66. GuruFocus considers PT Equity Development Investment Tbk to be Significantly Overvalued.

Key valuation signals for ISX:GSMF:

  • Return-on-Tangible-Asset: -1.46%
  • GF Value™: Rp45.66 vs. price of Rp87.00 (90.5% above fair value)
  • GF Score™: 59/100 with 2 warning signs

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


PT Equity Development Investment Tbk Business Description

Address Jalan Hayam Wuruk No. 8, Wisma Hayam Wuruk, 3rd Floor, Central Jakarta, Jakarta, IDN, 10120
PT Equity Development Investment Tbk is an Indonesia-based investment holding company engaged in the insurance business through its subsidiaries. It is also engaged in investment activities, management consulting services, and share investments, as well as training areas specifically for the Equity group. The company and its subsidiaries have categorized their business activity into four segments by the nature of the business, which include Holding company, travel services and venture capital, Banking and financing, Insurance, Stock administration and securities, out of which the majority of the revenue is generated from the Insurance segment. The company's geographical segments include Java Island and Outside Java Island.
59GF Score

Get the complete analysis for ISX:GSMF

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

Rp87.00
Price
Rp45.66
GF Value