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PTrana Mitra Luas TBKISX:SMIL -1.60%80 Return-on-Tangible-Asset is 10.52% as of Mar. 2026, which is 3% above its 10-year median of 10.25. GuruFocus rates ISX:SMIL with a GF Score™ of 80/100 and a GF Value™ of Rp264.96 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,095 Business Services companies, PTrana Mitra Luas TBK ranks better than 60.91% 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. PTrana Mitra Luas TBK's annualizedNet Income for the quarter that ended in Mar. 2026 was Rp122,991 Mil. PTrana Mitra Luas TBK's average total tangible assets for the quarter that ended in Mar. 2026 was Rp1,169,475 Mil. Therefore, PTrana Mitra Luas TBK's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.52%.
The historical rank and industry rank for PTrana Mitra Luas TBK's Return-on-Tangible-Asset or its related term are showing as below:
ISX:SMIL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.81 Med: 10.25 Max: 14.53
Current: 6.05
During the past 7 years, PTrana Mitra Luas TBK's highest Return-on-Tangible-Asset was 14.53%. The lowest was 5.81%. And the median was 10.25%.
ISX:SMIL's Return-on-Tangible-Asset is ranked better than 60.91% of 1095
companies
in the Business Services industry
Industry Median: 3.98
vs ISX:SMIL: 6.05
PTrana Mitra Luas TBK (ISX:SMIL) 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.
PTrana Mitra Luas TBK Return-on-Tangible-Asset Related Terms
PTrana Mitra Luas TBK Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for PTrana Mitra Luas 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.
PTrana Mitra Luas TBK Return-on-Tangible-Asset Chart
ISX:SMIL vs URI, SUNB, AER: Return-on-Tangible-Asset Comparison
For the Rental & Leasing Services subindustry, PTrana Mitra Luas 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.
PTrana Mitra Luas TBK Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, PTrana Mitra Luas TBK's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PTrana Mitra Luas 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 10.52% mean?
PTrana Mitra Luas TBK (ISX:SMIL) has a Return-on-Tangible-Asset of 10.52% 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 PTrana Mitra Luas TBK and its competitors. This is near median its historical median of 10.25. Over the past decade, PTrana Mitra Luas TBK's Return-on-Tangible-Asset has ranged from 5.81 to 14.53. According to the industry distribution chart, PTrana Mitra Luas TBK ranks #428 out of 1095 companies in the Business Services industry, placing it in the top 39.1%.
Is PTrana Mitra Luas TBK's Return-on-Tangible-Asset too high?
PTrana Mitra Luas TBK's current Return-on-Tangible-Asset of 10.52% is near median its 10-year median of 10.25. Over the past 10 years, this metric has ranged from a low of 5.81 to a high of 14.53. The Business Services industry median Return-on-Tangible-Asset is 3.98. PTrana Mitra Luas TBK's value of 10.52% is 164.3% above this industry median. Based on the distribution chart, PTrana Mitra Luas TBK ranks #428 out of 1095 companies in the Business Services industry, which is above the industry midpoint. Overall, PTrana Mitra Luas TBK has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PTrana Mitra Luas TBK's Return-on-Tangible-Asset compare to URI and SUNB?
According to the Business Services industry distribution chart, PTrana Mitra Luas TBK ranks #428 out of 1095 companies for Return-on-Tangible-Asset. This puts PTrana Mitra Luas TBK in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.98. PTrana Mitra Luas TBK's value of 10.52% is 164.3% above this benchmark. Historically, PTrana Mitra Luas TBK's own Return-on-Tangible-Asset has ranged from 5.81 to 14.53 over the past decade. While the company's 10-year median is 10.25 vs. the industry median of 3.98, PTrana Mitra Luas 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.98, based on 1,095 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. PTrana Mitra Luas TBK's current Return-on-Tangible-Asset of 10.52% is 164.3% 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 PTrana Mitra Luas TBK and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTrana Mitra Luas TBK's current Return-on-Tangible-Asset is 10.52%, which is near median its own 10-year median of 10.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTrana Mitra Luas TBK stock overvalued right now?
Based on GuruFocus' analysis, PTrana Mitra Luas TBK (ISX:SMIL) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp264.96, compared to a current price of Rp370.00 — trading 39.6% above its estimated fair value. The current Return-on-Tangible-Asset is 10.52%, which is near median its 10-year median of 10.25 and 164.3% above the Business Services industry median of 3.98. PTrana Mitra Luas TBK's overall GF Score™ is 80/100 with 6 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 PTrana Mitra Luas TBK (ISX:SMIL), the current Return-on-Tangible-Asset is 10.52% 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 PTrana Mitra Luas TBK (ISX:SMIL) Overvalued in 2026?
Based on GuruFocus' analysis, PTrana Mitra Luas TBK stock appears to be overvalued.
The current stock price of Rp370.00 is trading 39.6% above its estimated GF Value™ of Rp264.96.
GuruFocus considers PTrana Mitra Luas TBK to be Significantly Overvalued.
Key valuation signals for ISX:SMIL:
Return-on-Tangible-Asset: 10.52% (near median its 10-year median of 10.25)
GF Value™: Rp264.96 vs. price of Rp370.00 (39.6% above fair value)
Industry Position: 164.3% above the Business Services median (#428 of 1095)
No single metric tells the full story. See the ISX:SMIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Sarana Mitra Luas TBK is a forklift rental company with a total fleet of more than 3,000 units. Apart from rental, It also provides other material handling solutions such as selling and servicing forklifts. The company only has two business segments, namely forklift sales and rent services generating the majority revenue.
80GF Score
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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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