PT Rimo International Lestari Tbk (ISX:RIMO) Return-on-Tangible-Asset: 3.40% (As of Sep. 2019)

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ISX:RIMO PT Rimo International Lestari Tbk ISX:RIMO
4 GF Score
Price Rp50.00
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What is PT Rimo International Lestari Tbk Return-on-Tangible-Asset?

PT Rimo International Lestari Tbk ISX:RIMO 4 Return-on-Tangible-Asset is 3.40% as of Sep. 2019. GuruFocus rates ISX:RIMO with a GF Score™ of 4/100.

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 Rimo International Lestari Tbk's annualized Net Income for the quarter that ended in Sep. 2019 was Rp212,700 Mil. PT Rimo International Lestari Tbk's average total tangible assets for the quarter that ended in Sep. 2019 was Rp6,253,696 Mil. Therefore, PT Rimo International Lestari Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2019 was 3.40%.

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

ISX:RIMO's Return-on-Tangible-Asset is not ranked *
in the Real Estate industry.
Industry Median: 1.88
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

PT Rimo International Lestari Tbk  (ISX:RIMO) 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 Rimo International Lestari Tbk Return-on-Tangible-Asset Related Terms


PT Rimo International Lestari Tbk Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for PT Rimo International Lestari 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 Rimo International Lestari Tbk Return-on-Tangible-Asset Chart

PT Rimo International Lestari Tbk Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Asset
Get a 7-Day Free Trial -72.10 -0.14 -35.02 1.15 1.91

PT Rimo International Lestari Tbk Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.17 -0.31 0.57 0.97 3.40

PT Rimo International Lestari Tbk Return-on-Tangible-Asset Competitor Comparison

For the Real Estate - Development subindustry, PT Rimo International Lestari 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 Rimo International Lestari Tbk Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Rimo International Lestari Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Rimo International Lestari Tbk's Return-on-Tangible-Asset falls into.


ISX:RIMO
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PT Rimo International Lestari Tbk ISX:RIMO
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Rimo International Lestari Tbk Return-on-Tangible-Asset Calculation

PT Rimo International Lestari Tbk's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2018 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=112000.686/( (5578912.607+6161970.219)/ 2 )
=112000.686/5870441.413
=1.91 %

PT Rimo International Lestari Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2019 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=212700.144/( (6118577.37+6388815.492)/ 2 )
=212700.144/6253696.431
=3.40 %

* 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 (Sep. 2019) net income data.

What does a Return-on-Tangible-Asset of 3.40% mean?
PT Rimo International Lestari Tbk (ISX:RIMO) has a Return-on-Tangible-Asset of 3.40% as of Sep. 2019. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PT Rimo International Lestari Tbk and its competitors.
Is PT Rimo International Lestari Tbk's Return-on-Tangible-Asset too high?
PT Rimo International Lestari Tbk's current Return-on-Tangible-Asset is 3.40%. The Real Estate industry median Return-on-Tangible-Asset is 1.88. PT Rimo International Lestari Tbk's value of 3.40% is 80.9% above this industry median. Overall, PT Rimo International Lestari Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Rimo International Lestari Tbk's Return-on-Tangible-Asset compare to competitors?
PT Rimo International Lestari Tbk's Return-on-Tangible-Asset of 3.40% can be compared against companies in the Real Estate industry. The industry median Return-on-Tangible-Asset is 1.88. PT Rimo International Lestari Tbk's value of 3.40% is 80.9% 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.88, based on 1,802 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 Rimo International Lestari Tbk's current Return-on-Tangible-Asset of 3.40% is 80.9% 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 Rimo International Lestari Tbk and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Rimo International Lestari Tbk's current Return-on-Tangible-Asset is 3.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Rimo International Lestari Tbk stock overvalued right now?
PT Rimo International Lestari Tbk (ISX:RIMO) has a current Return-on-Tangible-Asset of 3.40%. The current Return-on-Tangible-Asset is 3.40% and 80.9% above the Real Estate industry median of 1.88. PT Rimo International Lestari Tbk's overall GF Score™ is 4/100. 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 Rimo International Lestari Tbk (ISX:RIMO), the current Return-on-Tangible-Asset is 3.40% as of Sep. 2019. 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 Rimo International Lestari Tbk Business Description

Address Jalan Jenderal Sudirman Kav.27, Mayapada Tower II Lantai 22, Jakarta, IDN, 12920
PT Rimo International Lestari Tbk is involved in the property business. It seeks to develop high quality integrated townships with modern infrastructure and amenities. The group is also involved in developing a diverse range of products from affordable to premium housing in order to reach out to a wide variety of customers, whilst assisting the government to realize its aspiration in making housing more accessible to the general public. It operates in three segments Department Store, Real Estate, and Service. The portfolio of the group includes various project such as South Hills Apartment, Puncak golf and resort, Kota Olympia, Gangnam Townhouse, Puuwatu Hills, Maestro Hotel and others. Geographically the activities are carried out through Indonesia.
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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