PT Era Mandiricemerlang Tbk (ISX:IKAN) Return-on-Tangible-Asset: 0.00% (As of . 20)

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ISX:IKAN PT Era Mandiricemerlang Tbk ISX:IKAN
18 GF Score
Price Rp90.00
! 1 Warning Sign
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What is PT Era Mandiricemerlang Tbk Return-on-Tangible-Asset?

PT Era Mandiricemerlang Tbk ISX:IKAN -1.10% 18 Return-on-Tangible-Asset is 0.00% as of . 20. GuruFocus rates ISX:IKAN with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 2,014 Consumer Packaged Goods companies, PT Era Mandiricemerlang Tbk ranks worse than 49652.38% 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 Era Mandiricemerlang Tbk's annualized Net Income for the quarter that ended in . 20 was Rp Mil. PT Era Mandiricemerlang Tbk's average total tangible assets for the quarter that ended in . 20 was Rp Mil. Therefore, PT Era Mandiricemerlang Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

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

ISX:IKAN's Return-on-Tangible-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3.53
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

PT Era Mandiricemerlang Tbk  (ISX:IKAN) 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 Era Mandiricemerlang Tbk Return-on-Tangible-Asset Related Terms


PT Era Mandiricemerlang Tbk Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for PT Era Mandiricemerlang 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 Era Mandiricemerlang Tbk Return-on-Tangible-Asset Chart

PT Era Mandiricemerlang Tbk Annual Data
Trend
Return-on-Tangible-Asset

PT Era Mandiricemerlang Tbk Quarterly Data
Return-on-Tangible-Asset

ISX:IKAN vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison

For the Farm Products subindustry, PT Era Mandiricemerlang 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 Era Mandiricemerlang Tbk Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Era Mandiricemerlang Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Era Mandiricemerlang Tbk's Return-on-Tangible-Asset falls into.


ISX:IKAN
18GF Score
PT Era Mandiricemerlang Tbk ISX:IKAN
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Era Mandiricemerlang Tbk Return-on-Tangible-Asset Calculation

PT Era Mandiricemerlang Tbk's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

PT Era Mandiricemerlang Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 (. 20) net income data.

What does a Return-on-Tangible-Asset of 0.00% mean?
PT Era Mandiricemerlang Tbk (ISX:IKAN) has a Return-on-Tangible-Asset of 0.00% as of . 20. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PT Era Mandiricemerlang Tbk and its competitors. According to the industry distribution chart, PT Era Mandiricemerlang Tbk ranks #999999 out of 2014 companies in the Consumer Packaged Goods industry.
Is PT Era Mandiricemerlang Tbk's Return-on-Tangible-Asset too high?
PT Era Mandiricemerlang Tbk's current Return-on-Tangible-Asset is 0.00%. Based on the distribution chart, PT Era Mandiricemerlang Tbk ranks #999999 out of 2014 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, PT Era Mandiricemerlang Tbk has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does PT Era Mandiricemerlang Tbk's Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Era Mandiricemerlang Tbk ranks #999999 out of 2014 companies for Return-on-Tangible-Asset. This places PT Era Mandiricemerlang Tbk in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.53. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.53, based on 2,014 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 Era Mandiricemerlang Tbk and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Era Mandiricemerlang Tbk's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Era Mandiricemerlang Tbk stock overvalued right now?
PT Era Mandiricemerlang Tbk (ISX:IKAN) has a current Return-on-Tangible-Asset of 0.00%. The current Return-on-Tangible-Asset is 0.00%. PT Era Mandiricemerlang Tbk's overall GF Score™ is 18/100 with 1 warning sign 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 Era Mandiricemerlang Tbk (ISX:IKAN), the current Return-on-Tangible-Asset is 0.00% as of . 20. 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.

PT Era Mandiricemerlang Tbk Business Description

Address Ruko Lodan Center Blok F No. 2-7, Jl. Lodan Raya No. 2, Jakarta Utara, Jakarta, IDN, 14430
PT Era Mandiricemerlang Tbk is engaged in processing and trading of fishery products including tuna, sea fish, squid and octopus. The company produces value-added fishery products such as frozen tuna fillets, frozen swordfish, frozen oilfish, frozen mahimahi fish, and various other products. Fish products of the Company include yellowfin tuna, bigeye tuna, oilfish, swordfish, black pomfret, spanish mackerel, shark, red snapper, bullet tuna, skipjack tuna, wahoo, goldband snapper, leather jacket, emperor, parrotfish, mahi-mahi, grouper, milkfish and many others. It operates in single segment of fish sales.
18GF Score

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

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