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PT Mastersystem Infotama Tbk (ISX:MSTI) Return-on-Tangible-Asset : 14.47% (As of Mar. 2025)


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What is PT Mastersystem Infotama 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 Mastersystem Infotama Tbk's annualized Net Income for the quarter that ended in Mar. 2025 was Rp461,216 Mil. PT Mastersystem Infotama Tbk's average total tangible assets for the quarter that ended in Mar. 2025 was Rp3,187,204 Mil. Therefore, PT Mastersystem Infotama Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 14.47%.

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: 17.12   Max: 18.75
Current: 17.52

During the past 5 years, PT Mastersystem Infotama Tbk's highest Return-on-Tangible-Asset was 18.75%. The lowest was 16.54%. And the median was 17.12%.

ISX:MSTI's Return-on-Tangible-Asset is ranked better than
89.85% of 2838 companies
in the Software industry
Industry Median: 1.89 vs ISX:MSTI: 17.52

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

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.

* Premium members only.

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

PT Mastersystem Infotama Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
16.64 17.20 18.75 16.54 17.12

PT Mastersystem Infotama Tbk Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.35 7.92 18.98 27.81 14.47

Competitive Comparison of PT Mastersystem Infotama Tbk's Return-on-Tangible-Asset

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's Return-on-Tangible-Asset Distribution in the 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.


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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. 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 )
=530374.202/( (3083126.899+3111979.369)/ 2 )
=530374.202/3097553.134
=17.12 %

PT Mastersystem Infotama 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 )
=461216.284/( (3111979.369+3262429.185)/ 2 )
=461216.284/3187204.277
=14.47 %

* 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 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

Thank you for viewing the detailed overview of PT Mastersystem Infotama Tbk's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Mastersystem Infotama Tbk Business Description

Traded in Other Exchanges
N/A
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.

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