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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 Modernland Realty Tbk's annualizedNet Income for the quarter that ended in Jun. 2026 was Rp-1,866,445 Mil. PT Modernland Realty Tbk's average total tangible assets for the quarter that ended in Jun. 2026 was Rp12,796,336 Mil. Therefore, PT Modernland Realty Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -14.59%.
The historical rank and industry rank for PT Modernland Realty Tbk's Return-on-Tangible-Asset or its related term are showing as below:
ISX:MDLN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.18 Med: -0.08 Max: 4.58
Current: -9.94
During the past 13 years, PT Modernland Realty Tbk's highest Return-on-Tangible-Asset was 4.58%. The lowest was -12.18%. And the median was -0.08%.
ISX:MDLN's Return-on-Tangible-Asset is ranked worse than 91.33% of 1799
companies
in the Real Estate industry
Industry Median: 1.9
vs ISX:MDLN: -9.94
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 Modernland Realty Tbk Return-on-Tangible-Asset Related Terms
PT Modernland Realty Tbk Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for PT Modernland Realty 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.
For the Real Estate - Development subindustry, PT Modernland Realty 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 Modernland Realty Tbk Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, PT Modernland Realty Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Modernland Realty 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 -14.59% mean?
PT Modernland Realty Tbk (ISX:MDLN) has a Return-on-Tangible-Asset of -14.59% 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 Modernland Realty Tbk and its competitors. According to the industry distribution chart, PT Modernland Realty Tbk ranks #1643 out of 1799 companies in the Real Estate industry, placing it in the top 91.3%.
Is PT Modernland Realty Tbk's Return-on-Tangible-Asset too high?
PT Modernland Realty Tbk's current Return-on-Tangible-Asset is -14.59%. Based on the distribution chart, PT Modernland Realty Tbk ranks #1643 out of 1799 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, PT Modernland Realty Tbk has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Modernland Realty Tbk's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, PT Modernland Realty Tbk ranks #1643 out of 1799 companies for Return-on-Tangible-Asset. This places PT Modernland Realty Tbk in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.90. 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 1.90, based on 1,799 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 Modernland Realty Tbk and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Modernland Realty Tbk's current Return-on-Tangible-Asset is -14.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Modernland Realty Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Modernland Realty Tbk (ISX:MDLN) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp39.55, compared to a current price of Rp50.00 — trading 26.4% above its estimated fair value. The current Return-on-Tangible-Asset is -14.59%. PT Modernland Realty Tbk's overall GF Score™ is 50/100 with 8 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 Modernland Realty Tbk (ISX:MDLN), the current Return-on-Tangible-Asset is -14.59% 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 Modernland Realty Tbk (ISX:MDLN) Overvalued in 2026?
Based on GuruFocus' analysis, PT Modernland Realty Tbk stock appears to be overvalued.
The current stock price of Rp50.00 is trading 26.4% above its estimated GF Value™ of Rp39.55.
GuruFocus considers PT Modernland Realty Tbk to be Modestly Overvalued.
Key valuation signals for ISX:MDLN:
Return-on-Tangible-Asset: -14.59%
GF Value™: Rp39.55 vs. price of Rp50.00 (26.4% above fair value)
No single metric tells the full story. See the ISX:MDLN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressJalan Gajah Mada No. 188, RT.3/RW.5, Commercial Area, Lantai 5, Green Central City, Glodok, Kec. Taman, Kota Jakarta Barat, Daerah Khusus Ibukota Jakarta, Jakarta, IDN, 11120
PT Modernland Realty Tbk is an Indonesian company engaged in property development with a portfolio spanning residential, industrial, and hospitality sectors. Its business activities also include the leasing of furnished and unfurnished properties, the development of supporting facilities and infrastructure, such as golf courses and recreational facilities, and building and infrastructure construction services. In addition, the company engages in trading, distribution, and agency activities supporting its property business and asset management services. The company's operating segments based on project location are as follows: Tangerang, Bekasi, Cakung, Serang, and Gajah Mada. The majority of its revenue is derived from the Cakung region.
50GF Score
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