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The historical rank and industry rank for PT Rig Tenders Indonesia Tbk's Return-on-Tangible-Asset or its related term are showing as below:
ISX:RIGS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.85 Med: -5.4 Max: 11.63
Current: 9.74
During the past 12 years, PT Rig Tenders Indonesia Tbk's highest Return-on-Tangible-Asset was 11.63%. The lowest was -15.85%. And the median was -5.40%.
ISX:RIGS's Return-on-Tangible-Asset is ranked better than 84.54% of 1009
companies
in the Transportation industry
Industry Median: 3.75
vs ISX:RIGS: 9.74
PT Rig Tenders Indonesia Tbk (ISX:RIGS) 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 companys 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 companys 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 Rig Tenders Indonesia Tbk Return-on-Tangible-Asset Related Terms
PT Rig Tenders Indonesia Tbk Return-on-Tangible-Asset Historical Data
* 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 Rig Tenders Indonesia Tbk Return-on-Tangible-Asset Chart
PT Rig Tenders Indonesia Tbk Return-on-Tangible-Asset Competitor Comparison
For the Marine Shipping subindustry, PT Rig Tenders Indonesia 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 Rig Tenders Indonesia Tbk Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, PT Rig Tenders Indonesia Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Rig Tenders Indonesia Tbk's Return-on-Tangible-Asset falls into.
* 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 5.59% mean?
PT Rig Tenders Indonesia Tbk (ISX:RIGS) has a Return-on-Tangible-Asset of 5.59% 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 Rig Tenders Indonesia Tbk and its competitors. According to the industry distribution chart, PT Rig Tenders Indonesia Tbk ranks #156 out of 1009 companies in the Transportation industry, placing it in the top 15.5%.
Is PT Rig Tenders Indonesia Tbk's Return-on-Tangible-Asset too high?
PT Rig Tenders Indonesia Tbk's current Return-on-Tangible-Asset is 5.59%. The Transportation industry median Return-on-Tangible-Asset is 3.75. PT Rig Tenders Indonesia Tbk's value of 5.59% is 49.1% above this industry median. Based on the distribution chart, PT Rig Tenders Indonesia Tbk ranks #156 out of 1009 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, PT Rig Tenders Indonesia Tbk has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Rig Tenders Indonesia Tbk's Return-on-Tangible-Asset compare to competitors?
According to the Transportation industry distribution chart, PT Rig Tenders Indonesia Tbk ranks #156 out of 1009 companies for Return-on-Tangible-Asset. This places PT Rig Tenders Indonesia Tbk in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.75. PT Rig Tenders Indonesia Tbk's value of 5.59% is 49.1% above this benchmark. 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.75, based on 1,009 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 Rig Tenders Indonesia Tbk's current Return-on-Tangible-Asset of 5.59% is 49.1% 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 Rig Tenders Indonesia Tbk and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Rig Tenders Indonesia Tbk's current Return-on-Tangible-Asset is 5.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Rig Tenders Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Rig Tenders Indonesia Tbk (ISX:RIGS) is currently considered Fairly Valued. The stock's GF Value™ is Rp623.47, compared to a current price of Rp670.00 — trading 7.5% above its estimated fair value. The current Return-on-Tangible-Asset is 5.59% and 49.1% above the Transportation industry median of 3.75. PT Rig Tenders Indonesia Tbk's overall GF Score™ is 59/100 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 Rig Tenders Indonesia Tbk (ISX:RIGS), the current Return-on-Tangible-Asset is 5.59% 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 Rig Tenders Indonesia Tbk (ISX:RIGS) Overvalued in 2026?
Based on GuruFocus' analysis, PT Rig Tenders Indonesia Tbk stock appears to be overvalued.
The current stock price of Rp670.00 is trading 7.5% above its estimated GF Value™ of Rp623.47.
GuruFocus considers PT Rig Tenders Indonesia Tbk to be Fairly Valued.
Key valuation signals for ISX:RIGS:
Return-on-Tangible-Asset: 5.59%
GF Value™: Rp623.47 vs. price of Rp670.00 (7.5% above fair value)
Industry Position: 49.1% above the Transportation median (#156 of 1009)
No single metric tells the full story. See the ISX:RIGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Rig Tenders Indonesia Tbk is a domestic and foreign shipping (especially offshore) and placement installation services and drilling rig offshore company. The company provides services as Offshore Support, Coal Transport, Other Services and Vessel. The Company classifies its business activities into two main segments, namely coal and marine support services. The coal segment provides tugboat and barge rental services for mining companies to transport coal and other aggregate materials. Meanwhile, the marine services segment offers supply vessel and accommodation on barge rentals to support upstream sector operations.
59GF Score
Get the complete analysis for ISX:RIGS
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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