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.
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.
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 Singaraja Putra Tbk's annualizedNet Income for the quarter that ended in Jun. 2026 was Rp2,542,091 Mil. PT Singaraja Putra Tbk's average total tangible assets for the quarter that ended in Jun. 2026 was Rp3,535,653 Mil. Therefore, PT Singaraja Putra Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 71.90%.
The historical rank and industry rank for PT Singaraja Putra Tbk's Return-on-Tangible-Asset or its related term are showing as below:
ISX:SINI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.41 Med: -0.12 Max: 27.93
Current: 27.93
During the past 9 years, PT Singaraja Putra Tbk's highest Return-on-Tangible-Asset was 27.93%. The lowest was -4.41%. And the median was -0.12%.
ISX:SINI's Return-on-Tangible-Asset is ranked better than 99.3% of 286
companies
in the Forest Products industry
Industry Median: 1.05
vs ISX:SINI: 27.93
PT Singaraja Putra Tbk (ISX:SINI) 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 Singaraja Putra Tbk Return-on-Tangible-Asset Related Terms
PT Singaraja Putra Tbk Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for PT Singaraja Putra 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 Singaraja Putra Tbk Return-on-Tangible-Asset Chart
ISX:SINI vs SSD, UFPI, BCC: Return-on-Tangible-Asset Comparison
For the Lumber & Wood Production subindustry, PT Singaraja Putra 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 Singaraja Putra Tbk Return-on-Tangible-Asset vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, PT Singaraja Putra Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Singaraja Putra 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 71.90% mean?
PT Singaraja Putra Tbk (ISX:SINI) has a Return-on-Tangible-Asset of 71.90% 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 Singaraja Putra Tbk and its competitors. According to the industry distribution chart, PT Singaraja Putra Tbk ranks #2 out of 286 companies in the Forest Products industry, placing it in the top 0.7%.
Is PT Singaraja Putra Tbk's Return-on-Tangible-Asset too high?
PT Singaraja Putra Tbk's current Return-on-Tangible-Asset is 71.90%. The Forest Products industry median Return-on-Tangible-Asset is 1.05. PT Singaraja Putra Tbk's value of 71.90% is 6747.6% above this industry median. Based on the distribution chart, PT Singaraja Putra Tbk ranks #2 out of 286 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, PT Singaraja Putra Tbk has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Singaraja Putra Tbk's Return-on-Tangible-Asset compare to SSD and UFPI?
According to the Forest Products industry distribution chart, PT Singaraja Putra Tbk ranks #2 out of 286 companies for Return-on-Tangible-Asset. This places PT Singaraja Putra Tbk in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.05. PT Singaraja Putra Tbk's value of 71.90% is 6747.6% 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 Forest Products company?
The median Return-on-Tangible-Asset among Forest Products companies is 1.05, based on 286 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 Singaraja Putra Tbk's current Return-on-Tangible-Asset of 71.90% is 6747.6% 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 Singaraja Putra Tbk and its competitors. For the Forest Products industry, the median Return-on-Tangible-Asset is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Singaraja Putra Tbk's current Return-on-Tangible-Asset is 71.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Singaraja Putra Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Singaraja Putra Tbk (ISX:SINI) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp4,046.73, compared to a current price of Rp8,750.00 — trading 116.2% above its estimated fair value. The current Return-on-Tangible-Asset is 71.90% and 6747.6% above the Forest Products industry median of 1.05. PT Singaraja Putra Tbk's overall GF Score™ is 67/100 with 10 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 Singaraja Putra Tbk (ISX:SINI), the current Return-on-Tangible-Asset is 71.90% 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.
Is PT Singaraja Putra Tbk (ISX:SINI) Overvalued in 2026?
Based on GuruFocus' analysis, PT Singaraja Putra Tbk stock appears to be overvalued.
The current stock price of Rp8,750.00 is trading 116.2% above its estimated GF Value™ of Rp4,046.73.
GuruFocus considers PT Singaraja Putra Tbk to be Significantly Overvalued.
Key valuation signals for ISX:SINI:
Return-on-Tangible-Asset: 71.90%
GF Value™: Rp4,046.73 vs. price of Rp8,750.00 (116.2% above fair value)
Industry Position: 6747.6% above the Forest Products median (#2 of 286)
No single metric tells the full story. See the ISX:SINI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Singaraja Putra Tbk, through its subsidiary, engages in the sale of wood and providing other services. In addition, the firm offers accommodation services. The company's products include FJ Solid, FJ Laminating, Door-Window Frame/ABC, Facia Boards/Wall Panels, Glass Beads/Skirting, Thermo, Wood Pellet, and Merpauh. The company's Business segment includes sales of wood, Rent Revenue, and sales of coal, out of which the majority of the company's revenue is generated from sales of wood.
67GF Score
Get the complete analysis for ISX:SINI
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:SINI has been successfully added to your 
