PT Kianntang Muliatama Tbk (ISX:RGAS) Return-on-Tangible-Asset: 0.00% (As of . 20)


What is PT Kianntang Muliatama Tbk Return-on-Tangible-Asset?

PT Kianntang Muliatama Tbk ISX:RGAS +2.94% Return-on-Tangible-Asset is 0.00% as of . 20. The stock has 1 warning sign investors should review. Among 1,024 Oil & Gas companies, PT Kianntang Muliatama Tbk ranks worse than 97656.15% 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 Kianntang Muliatama Tbk's annualized Net Income for the quarter that ended in . 20 was Rp Mil. PT Kianntang Muliatama Tbk's average total tangible assets for the quarter that ended in . 20 was Rp Mil. Therefore, PT Kianntang Muliatama Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

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

ISX:RGAS's Return-on-Tangible-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 1.98
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

PT Kianntang Muliatama Tbk  (ISX:RGAS) 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 Kianntang Muliatama Tbk Return-on-Tangible-Asset Related Terms


PT Kianntang Muliatama Tbk Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for PT Kianntang Muliatama 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 Kianntang Muliatama Tbk Return-on-Tangible-Asset Chart

PT Kianntang Muliatama Tbk Annual Data
Trend
Return-on-Tangible-Asset

PT Kianntang Muliatama Tbk Semi-Annual Data
Return-on-Tangible-Asset

ISX:RGAS vs SLB, BKR, HAL: Return-on-Tangible-Asset Comparison

For the Oil & Gas Equipment & Services subindustry, PT Kianntang Muliatama 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 Kianntang Muliatama Tbk Return-on-Tangible-Asset vs Oil & Gas Industry

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

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



PT Kianntang Muliatama Tbk Return-on-Tangible-Asset Calculation

PT Kianntang Muliatama Tbk's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

PT Kianntang Muliatama Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data.

What does a Return-on-Tangible-Asset of 0.00% mean?
PT Kianntang Muliatama Tbk (ISX:RGAS) has a Return-on-Tangible-Asset of 0.00% as of . 20. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PT Kianntang Muliatama Tbk and its competitors. According to the industry distribution chart, PT Kianntang Muliatama Tbk ranks #999999 out of 1024 companies in the Oil & Gas industry.
Is PT Kianntang Muliatama Tbk's Return-on-Tangible-Asset too high?
PT Kianntang Muliatama Tbk's current Return-on-Tangible-Asset is 0.00%. Based on the distribution chart, PT Kianntang Muliatama Tbk ranks #999999 out of 1024 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does PT Kianntang Muliatama Tbk's Return-on-Tangible-Asset compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, PT Kianntang Muliatama Tbk ranks #999999 out of 1024 companies for Return-on-Tangible-Asset. This places PT Kianntang Muliatama Tbk in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.98. 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 1.98, based on 1,024 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 Kianntang Muliatama Tbk and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Kianntang Muliatama Tbk's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Kianntang Muliatama Tbk stock overvalued right now?
PT Kianntang Muliatama Tbk (ISX:RGAS) has a current Return-on-Tangible-Asset of 0.00%. The current Return-on-Tangible-Asset is 0.00%. 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 Kianntang Muliatama Tbk (ISX:RGAS), the current Return-on-Tangible-Asset is 0.00% as of . 20. 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 Kianntang Muliatama Tbk Business Description

Industry EnergyOil & Gas
Address Jalan Wibawa Mukti II Perum Telkom, Satwita Permai Blok A5, No. 8, RT. 009 RW. 009, Kel. Jatiluhur, Kec. Jatiasih, Jawa Barat, Bekasi, IDN, 17425
PT Kian Santang Muliatama Tbk is engaged in supporting services for the gas industry, including the provision of products (spare parts) to engineering, procurement, and construction (EPC). The company's main activities are divided into two segments, namely Trading and construction services, and others. The company's business activities that are currently being carried out are Wholesale Trading of Machinery, Equipment, and Other Supplies, Mechanical Installations, and Oil and Gas Installations.