PT Mastersystem Infotama Tbk (ISX:MSTI) Return-on-Tangible-Asset: 12.41% (As of Mar. 2026) — 27% Below Median

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ISX:MSTI PT Mastersystem Infotama Tbk ISX:MSTI
73 GF Score
Price Rp1,310.00
GF Value Rp1,548.91
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is PT Mastersystem Infotama Tbk Return-on-Tangible-Asset?

PT Mastersystem Infotama Tbk ISX:MSTI -1.87% 73 Return-on-Tangible-Asset is 12.41% as of Mar. 2026, which is 27% below its 10-year median of 16.92. GuruFocus rates ISX:MSTI with a GF Score™ of 73/100 and a GF Value™ of Rp1,548.91 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,893 Software companies, PT Mastersystem Infotama Tbk ranks better than 88.66% 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 Mastersystem Infotama Tbk's annualized Net Income for the quarter that ended in Mar. 2026 was Rp426,454 Mil. PT Mastersystem Infotama Tbk's average total tangible assets for the quarter that ended in Mar. 2026 was Rp3,436,066 Mil. Therefore, PT Mastersystem Infotama Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.41%.

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

ISX:MSTI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 16.54   Med: 16.92   Max: 18.75
Current: 17

During the past 6 years, PT Mastersystem Infotama Tbk's highest Return-on-Tangible-Asset was 18.75%. The lowest was 16.54%. And the median was 16.92%.

ISX:MSTI's Return-on-Tangible-Asset is ranked better than
88.66% of 2893 companies
in the Software industry
Industry Median: 2.07 vs ISX:MSTI: 17.00

PT Mastersystem Infotama Tbk  (ISX:MSTI) 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 Mastersystem Infotama Tbk Return-on-Tangible-Asset Related Terms


PT Mastersystem Infotama Tbk Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for PT Mastersystem Infotama 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 Mastersystem Infotama Tbk Return-on-Tangible-Asset Chart

PT Mastersystem Infotama Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 17.20 18.75 16.54 17.12 16.71

PT Mastersystem Infotama Tbk Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 14.47 10.79 15.77 29.65 12.41

ISX:MSTI vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison

For the Information Technology Services subindustry, PT Mastersystem Infotama 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 Mastersystem Infotama Tbk Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, PT Mastersystem Infotama Tbk's Return-on-Tangible-Asset distribution charts can be found below:

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


ISX:MSTI
73GF Score
PT Mastersystem Infotama Tbk ISX:MSTI
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Mastersystem Infotama Tbk Return-on-Tangible-Asset Calculation

PT Mastersystem Infotama 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 )
=549081.242/( (3111979.369+3461643.403)/ 2 )
=549081.242/3286811.386
=16.71 %

PT Mastersystem Infotama Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=426454.084/( (3461643.403+3410489.422)/ 2 )
=426454.084/3436066.4125
=12.41 %

* 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. 2026) net income data.

What does a Return-on-Tangible-Asset of 12.41% mean?
PT Mastersystem Infotama Tbk (ISX:MSTI) has a Return-on-Tangible-Asset of 12.41% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PT Mastersystem Infotama Tbk and its competitors. This is 27% below median its historical median of 16.92. Over the past decade, PT Mastersystem Infotama Tbk's Return-on-Tangible-Asset has ranged from 16.54 to 18.75. According to the industry distribution chart, PT Mastersystem Infotama Tbk ranks #328 out of 2893 companies in the Software industry, placing it in the top 11.3%.
Is PT Mastersystem Infotama Tbk's Return-on-Tangible-Asset too high?
PT Mastersystem Infotama Tbk's current Return-on-Tangible-Asset of 12.41% is 27% below median its 10-year median of 16.92. Over the past 10 years, this metric has ranged from a low of 16.54 to a high of 18.75. The Software industry median Return-on-Tangible-Asset is 2.07. PT Mastersystem Infotama Tbk's value of 12.41% is 499.5% above this industry median. Based on the distribution chart, PT Mastersystem Infotama Tbk ranks #328 out of 2893 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, PT Mastersystem Infotama Tbk has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mastersystem Infotama Tbk's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, PT Mastersystem Infotama Tbk ranks #328 out of 2893 companies for Return-on-Tangible-Asset. This places PT Mastersystem Infotama Tbk in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.07. PT Mastersystem Infotama Tbk's value of 12.41% is 499.5% above this benchmark. Historically, PT Mastersystem Infotama Tbk's own Return-on-Tangible-Asset has ranged from 16.54 to 18.75 over the past decade. While the company's 10-year median is 16.92 vs. the industry median of 2.07, PT Mastersystem Infotama Tbk has consistently been above the industry average. 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.07, based on 2,893 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. PT Mastersystem Infotama Tbk's current Return-on-Tangible-Asset of 12.41% is 499.5% above the industry median. 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 Mastersystem Infotama Tbk and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mastersystem Infotama Tbk's current Return-on-Tangible-Asset is 12.41%, which is 27% below median its own 10-year median of 16.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mastersystem Infotama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mastersystem Infotama Tbk (ISX:MSTI) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,548.91, compared to a current price of Rp1,310.00 — trading 15.4% below its estimated fair value. The current Return-on-Tangible-Asset is 12.41%, which is 27% below median its 10-year median of 16.92 and 499.5% above the Software industry median of 2.07. PT Mastersystem Infotama Tbk's overall GF Score™ is 73/100 with 4 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 Mastersystem Infotama Tbk (ISX:MSTI), the current Return-on-Tangible-Asset is 12.41% as of Mar. 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 Mastersystem Infotama Tbk (ISX:MSTI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mastersystem Infotama Tbk stock appears to be undervalued. The current stock price of Rp1,310.00 is trading 15.4% below its estimated GF Value™ of Rp1,548.91. GuruFocus considers PT Mastersystem Infotama Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MSTI:

  • Return-on-Tangible-Asset: 12.41% (27% below median its 10-year median of 16.92)
  • GF Value™: Rp1,548.91 vs. price of Rp1,310.00 (15.4% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 499.5% above the Software median (#328 of 2893)

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


PT Mastersystem Infotama Tbk Business Description

Address Sudirman Building 7-8 Tower I, 25th Floor Jl. Jend, Sudirman Kav 7-8, Jakarta Pusat, Jakarta, IDN, 10220
PT Mastersystem Infotama Tbk is a system integration service provider in Indonesia. The Company offers a comprehensive range of Information and Communication Technology (ICT) solutions to customers by integrating various hardware, software, network, and communications components into a cohesive and functional system, thereby enabling seamless collaboration and interaction between existing technology systems. The Company provides comprehensive services for customers by planning, designing, implementing, and optimizing ICT infrastructure and offering solutions that support the achievement of increased efficiency, scalability, and productivity, so that customers can achieve sustainable business activity growth. The company generates the majority of its revenue from Hardware sales.
73GF 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.

Rp1,310.00
Price
Rp1,548.91
GF Value