PT Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) Return-on-Tangible-Asset: 12.99% (As of Jun. 2026) — 171% Above Median

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ISX:SMAR PT Sinar Mas Agro Resources & Technology Tbk ISX:SMAR
83 GF Score
Price Rp5,700.00
GF Value Rp4,986.80
Valuation Modestly Overvalued
! 4 Warning Signs
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What is PT Sinar Mas Agro Resources & Technology Tbk Return-on-Tangible-Asset?

PT Sinar Mas Agro Resources & Technology Tbk ISX:SMAR 83 Return-on-Tangible-Asset is 12.99% as of Jun. 2026, which is 171% above its 10-year median of 4.79. GuruFocus rates ISX:SMAR with a GF Score™ of 83/100 and a GF Value™ of Rp4,986.80 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,989 Consumer Packaged Goods companies, PT Sinar Mas Agro Resources & Technology Tbk ranks better than 78.78% 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 Sinar Mas Agro Resources & Technology Tbk's annualized Net Income for the quarter that ended in Jun. 2026 was Rp6,058,356 Mil. PT Sinar Mas Agro Resources & Technology Tbk's average total tangible assets for the quarter that ended in Jun. 2026 was Rp46,622,841 Mil. Therefore, PT Sinar Mas Agro Resources & Technology Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 12.99%.

The historical rank and industry rank for PT Sinar Mas Agro Resources & Technology Tbk's Return-on-Tangible-Asset or its related term are showing as below:

ISX:SMAR' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.17   Med: 4.79   Max: 13.59
Current: 9.23

During the past 13 years, PT Sinar Mas Agro Resources & Technology Tbk's highest Return-on-Tangible-Asset was 13.59%. The lowest was 2.17%. And the median was 4.79%.

ISX:SMAR's Return-on-Tangible-Asset is ranked better than
78.78% of 1989 companies
in the Consumer Packaged Goods industry
Industry Median: 3.52 vs ISX:SMAR: 9.23

PT Sinar Mas Agro Resources & Technology Tbk  (ISX:SMAR) 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 Sinar Mas Agro Resources & Technology Tbk Return-on-Tangible-Asset Related Terms


PT Sinar Mas Agro Resources & Technology Tbk Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for PT Sinar Mas Agro Resources & Technology 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 Sinar Mas Agro Resources & Technology Tbk Return-on-Tangible-Asset Chart

PT Sinar Mas Agro Resources & Technology Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.74 13.59 2.30 3.11 5.90

PT Sinar Mas Agro Resources & Technology Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.25 7.24 9.23 7.53 12.99

ISX:SMAR vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison

For the Farm Products subindustry, PT Sinar Mas Agro Resources & Technology 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 Sinar Mas Agro Resources & Technology Tbk Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Sinar Mas Agro Resources & Technology Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Sinar Mas Agro Resources & Technology Tbk's Return-on-Tangible-Asset falls into.


ISX:SMAR
83GF Score
PT Sinar Mas Agro Resources & Technology Tbk ISX:SMAR
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Sinar Mas Agro Resources & Technology Tbk Return-on-Tangible-Asset Calculation

PT Sinar Mas Agro Resources & Technology 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 )
=2584906/( (43909612+43705302)/ 2 )
=2584906/43807457
=5.90 %

PT Sinar Mas Agro Resources & Technology 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 )
=6058356/( (44389049+48856632)/ 2 )
=6058356/46622840.5
=12.99 %

* 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 12.99% mean?
PT Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) has a Return-on-Tangible-Asset of 12.99% 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 Sinar Mas Agro Resources & Technology Tbk and its competitors. This is 171% above median its historical median of 4.79. Over the past decade, PT Sinar Mas Agro Resources & Technology Tbk's Return-on-Tangible-Asset has ranged from 2.17 to 13.59. According to the industry distribution chart, PT Sinar Mas Agro Resources & Technology Tbk ranks #422 out of 1989 companies in the Consumer Packaged Goods industry, placing it in the top 21.2%.
Is PT Sinar Mas Agro Resources & Technology Tbk's Return-on-Tangible-Asset too high?
PT Sinar Mas Agro Resources & Technology Tbk's current Return-on-Tangible-Asset of 12.99% is 171% above median its 10-year median of 4.79. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 13.59. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.52. PT Sinar Mas Agro Resources & Technology Tbk's value of 12.99% is 269% above this industry median. Based on the distribution chart, PT Sinar Mas Agro Resources & Technology Tbk ranks #422 out of 1989 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PT Sinar Mas Agro Resources & Technology Tbk has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Sinar Mas Agro Resources & Technology Tbk's Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Sinar Mas Agro Resources & Technology Tbk ranks #422 out of 1989 companies for Return-on-Tangible-Asset. This places PT Sinar Mas Agro Resources & Technology Tbk in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.52. PT Sinar Mas Agro Resources & Technology Tbk's value of 12.99% is 269% above this benchmark. Historically, PT Sinar Mas Agro Resources & Technology Tbk's own Return-on-Tangible-Asset has ranged from 2.17 to 13.59 over the past decade. While the company's 10-year median is 4.79 vs. the industry median of 3.52, PT Sinar Mas Agro Resources & Technology 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 a Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.52, based on 1,989 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 Sinar Mas Agro Resources & Technology Tbk's current Return-on-Tangible-Asset of 12.99% is 269% 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 Sinar Mas Agro Resources & Technology Tbk and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Sinar Mas Agro Resources & Technology Tbk's current Return-on-Tangible-Asset is 12.99%, which is 171% above median its own 10-year median of 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sinar Mas Agro Resources & Technology Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp4,986.80, compared to a current price of Rp5,700.00 — trading 14.3% above its estimated fair value. The current Return-on-Tangible-Asset is 12.99%, which is 171% above median its 10-year median of 4.79 and 269% above the Consumer Packaged Goods industry median of 3.52. PT Sinar Mas Agro Resources & Technology Tbk's overall GF Score™ is 83/100 with 4 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 Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR), the current Return-on-Tangible-Asset is 12.99% 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 Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Sinar Mas Agro Resources & Technology Tbk stock appears to be overvalued. The current stock price of Rp5,700.00 is trading 14.3% above its estimated GF Value™ of Rp4,986.80. GuruFocus considers PT Sinar Mas Agro Resources & Technology Tbk to be Modestly Overvalued.

Key valuation signals for ISX:SMAR:

  • Return-on-Tangible-Asset: 12.99% (171% above median its 10-year median of 4.79)
  • GF Value™: Rp4,986.80 vs. price of Rp5,700.00 (14.3% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 269% above the Consumer Packaged Goods median (#422 of 1989)

No single metric tells the full story. See the ISX:SMAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Sinar Mas Agro Resources & Technology Tbk Business Description

Address Jalan MH Thamrin No. 51, Tower II, 28th-30th Floor, Sinar Mas Land Plaza, Jakarta, IDN, 10350
PT Sinar Mas Agro Resources & Technology Tbk is involved in the business of cultivating and harvesting oil palm trees, extracting fresh fruit bunches into crude palm oil and palm kernel, processing it into value-added products such as cooking oil, margarine, shortening, oleochemicals, and biodiesel. The firm's products include cooking oil, fat, margarine, crude palm oil, palm kernel, cocoa butter substitute, etc. Its scope of activities comprises plantation development, agriculture, trading, refining of plantation products, management services, and research related to the business.
83GF Score

Get the complete analysis for ISX:SMAR

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

Rp5,700.00
Price
Rp4,986.80
GF Value