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PT Multi Hanna Kreasindo Tbk (ISX:MHKI) Return-on-Tangible-Asset : 9.07% (As of Mar. 2025)


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What is PT Multi Hanna Kreasindo 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 Multi Hanna Kreasindo Tbk's annualized Net Income for the quarter that ended in Mar. 2025 was Rp43,450 Mil. PT Multi Hanna Kreasindo Tbk's average total tangible assets for the quarter that ended in Mar. 2025 was Rp478,848 Mil. Therefore, PT Multi Hanna Kreasindo Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 9.07%.

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

ISX:MHKI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.12   Med: 8.5   Max: 8.88
Current: 8.25

During the past 2 years, PT Multi Hanna Kreasindo Tbk's highest Return-on-Tangible-Asset was 8.88%. The lowest was 8.12%. And the median was 8.50%.

ISX:MHKI's Return-on-Tangible-Asset is ranked better than
79.53% of 254 companies
in the Waste Management industry
Industry Median: 1.775 vs ISX:MHKI: 8.25

PT Multi Hanna Kreasindo Tbk Return-on-Tangible-Asset Historical Data

The historical data trend for PT Multi Hanna Kreasindo 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.

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PT Multi Hanna Kreasindo Tbk Return-on-Tangible-Asset Chart

PT Multi Hanna Kreasindo Tbk Annual Data
Trend Dec23 Dec24
Return-on-Tangible-Asset
8.88 8.12

PT Multi Hanna Kreasindo Tbk Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial 4.74 8.29 7.40 8.28 9.07

Competitive Comparison of PT Multi Hanna Kreasindo Tbk's Return-on-Tangible-Asset

For the Waste Management subindustry, PT Multi Hanna Kreasindo 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 Multi Hanna Kreasindo Tbk's Return-on-Tangible-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, PT Multi Hanna Kreasindo Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Multi Hanna Kreasindo Tbk's Return-on-Tangible-Asset falls into.


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PT Multi Hanna Kreasindo Tbk Return-on-Tangible-Asset Calculation

PT Multi Hanna Kreasindo 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 )
=32196.839/( (323138.153+469465.643)/ 2 )
=32196.839/396301.898
=8.12 %

PT Multi Hanna Kreasindo 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 )
=43450.172/( (469465.643+488230.789)/ 2 )
=43450.172/478848.216
=9.07 %

* 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 Multi Hanna Kreasindo Tbk  (ISX:MHKI) 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 Multi Hanna Kreasindo Tbk Return-on-Tangible-Asset Related Terms

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PT Multi Hanna Kreasindo Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Narogong Km 12, Pangkalan II No. 23, , Bantar Gebang, Jawa Barat, Cikiwul District, Bekasi, IDN, 17152
PT Multi Hanna Kreasindo Tbki is a company that operates in the field of industrial waste processing of B3 and non-B3. It is equipped with the following facilities: Waste Water Treatment Plant (WWTP) to maintain waste water from the process so that it is always below the environmental quality standard threshold, The smelting building equipped with dust collectors and scrubbers to control air pollution, and regular checks carried out for noise levels, and Incinerator for managing infectious medical waste.

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