PT Raharja Energi Cepu Tbk (ISX:RATU) Return-on-Tangible-Asset: 23.61% (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:RATU PT Raharja Energi Cepu Tbk ISX:RATU
16 GF Score
Price Rp5,150.00
! 2 Warning Signs
View Full Analysis

What is PT Raharja Energi Cepu Tbk Return-on-Tangible-Asset?

PT Raharja Energi Cepu Tbk ISX:RATU +0.98% 16 Return-on-Tangible-Asset is 23.61% as of Jun. 2026, which is 8% below its 10-year median of 25.58. GuruFocus rates ISX:RATU with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 1,033 Oil & Gas companies, PT Raharja Energi Cepu Tbk ranks better than 95.45% 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 Raharja Energi Cepu Tbk's annualized Net Income for the quarter that ended in Jun. 2026 was Rp752,017 Mil. PT Raharja Energi Cepu Tbk's average total tangible assets for the quarter that ended in Jun. 2026 was Rp3,184,795 Mil. Therefore, PT Raharja Energi Cepu Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 23.61%.

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

ISX:RATU' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 15.06   Med: 25.58   Max: 67.49
Current: 19.59

During the past 5 years, PT Raharja Energi Cepu Tbk's highest Return-on-Tangible-Asset was 67.49%. The lowest was 15.06%. And the median was 25.58%.

ISX:RATU's Return-on-Tangible-Asset is ranked better than
95.45% of 1033 companies
in the Oil & Gas industry
Industry Median: 2.14 vs ISX:RATU: 19.59

PT Raharja Energi Cepu Tbk  (ISX:RATU) 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 Raharja Energi Cepu Tbk Return-on-Tangible-Asset Related Terms


PT Raharja Energi Cepu Tbk Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for PT Raharja Energi Cepu 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 Raharja Energi Cepu Tbk Return-on-Tangible-Asset Chart

PT Raharja Energi Cepu Tbk Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
15.06 45.09 67.49 25.58 24.09

PT Raharja Energi Cepu Tbk Quarterly Data
Dec21 Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 10.14 25.42 19.77 15.76 23.61

ISX:RATU vs COP, EOG, FANG: Return-on-Tangible-Asset Comparison

For the Oil & Gas E&P subindustry, PT Raharja Energi Cepu 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 Raharja Energi Cepu Tbk Return-on-Tangible-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Raharja Energi Cepu Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Raharja Energi Cepu Tbk's Return-on-Tangible-Asset falls into.


ISX:RATU
16GF Score
PT Raharja Energi Cepu Tbk ISX:RATU
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Raharja Energi Cepu Tbk Return-on-Tangible-Asset Calculation

PT Raharja Energi Cepu 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 )
=255034.275/( (847076.029+1270075.7)/ 2 )
=255034.275/1058575.8645
=24.09 %

PT Raharja Energi Cepu Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=752016.568/( (2216441.788+4153148.214)/ 2 )
=752016.568/3184795.001
=23.61 %

* 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 23.61% mean?
PT Raharja Energi Cepu Tbk (ISX:RATU) has a Return-on-Tangible-Asset of 23.61% 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 Raharja Energi Cepu Tbk and its competitors. This is near median its historical median of 25.58. Over the past decade, PT Raharja Energi Cepu Tbk's Return-on-Tangible-Asset has ranged from 15.06 to 67.49. According to the industry distribution chart, PT Raharja Energi Cepu Tbk ranks #47 out of 1033 companies in the Oil & Gas industry, placing it in the top 4.5%.
Is PT Raharja Energi Cepu Tbk's Return-on-Tangible-Asset too high?
PT Raharja Energi Cepu Tbk's current Return-on-Tangible-Asset of 23.61% is near median its 10-year median of 25.58. Over the past 10 years, this metric has ranged from a low of 15.06 to a high of 67.49. The Oil & Gas industry median Return-on-Tangible-Asset is 2.14. PT Raharja Energi Cepu Tbk's value of 23.61% is 1003.3% above this industry median. Based on the distribution chart, PT Raharja Energi Cepu Tbk ranks #47 out of 1033 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, PT Raharja Energi Cepu Tbk has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does PT Raharja Energi Cepu Tbk's Return-on-Tangible-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, PT Raharja Energi Cepu Tbk ranks #47 out of 1033 companies for Return-on-Tangible-Asset. This places PT Raharja Energi Cepu Tbk in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.14. PT Raharja Energi Cepu Tbk's value of 23.61% is 1003.3% above this benchmark. Historically, PT Raharja Energi Cepu Tbk's own Return-on-Tangible-Asset has ranged from 15.06 to 67.49 over the past decade. While the company's 10-year median is 25.58 vs. the industry median of 2.14, PT Raharja Energi Cepu 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 an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.14, based on 1,033 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 Raharja Energi Cepu Tbk's current Return-on-Tangible-Asset of 23.61% is 1003.3% 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 Raharja Energi Cepu Tbk and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Raharja Energi Cepu Tbk's current Return-on-Tangible-Asset is 23.61%, which is near median its own 10-year median of 25.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Raharja Energi Cepu Tbk stock overvalued right now?
PT Raharja Energi Cepu Tbk (ISX:RATU) has a current Return-on-Tangible-Asset of 23.61%. The current Return-on-Tangible-Asset is 23.61%, which is near median its 10-year median of 25.58 and 1003.3% above the Oil & Gas industry median of 2.14. PT Raharja Energi Cepu Tbk's overall GF Score™ is 16/100 with 2 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 Raharja Energi Cepu Tbk (ISX:RATU), the current Return-on-Tangible-Asset is 23.61% 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.

PT Raharja Energi Cepu Tbk Business Description

Industry EnergyOil & Gas
Address Jalan Thamrin Boulevard, Office Park Thamrin Residence A01-05, Kebon Melati, Tanah Abang District, DKI Jakarta, Central Jakarta, IDN, 10230
PT Raharja Energi Cepu Tbk focuses on being a holding company whose main activity is managing investments in the oil and gas sector. The Company has investments in two oil and gas production blocks: the Cepu Block and the Jabung Block, which is a strategic asset of the Company. The Group operates and manages the business as a single segment: oil and gas mining.
16GF Score

Get the complete analysis for ISX:RATU

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

Rp5,150.00
Price