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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 SMR Utama Tbk's annualizedNet Income for the quarter that ended in Jun. 2026 was Rp-94,031 Mil. PT SMR Utama Tbk's average total tangible assets for the quarter that ended in Jun. 2026 was Rp414,435 Mil. Therefore, PT SMR Utama Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -22.69%.
The historical rank and industry rank for PT SMR Utama Tbk's Return-on-Tangible-Asset or its related term are showing as below:
ISX:SMRU'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -26.76 Med: -11.55 Max: 1.77
Current: -6.97
During the past 13 years, PT SMR Utama Tbk's highest Return-on-Tangible-Asset was 1.77%. The lowest was -26.76%. And the median was -11.55%.
ISX:SMRU's Return-on-Tangible-Asset is not ranked
in the Other Energy Sources industry.
Industry Median: 0.3
vs ISX:SMRU: -6.97
PT SMR Utama Tbk (ISX:SMRU) 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 SMR Utama Tbk Return-on-Tangible-Asset Related Terms
PT SMR Utama Tbk Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for PT SMR Utama 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 SMR Utama Tbk Return-on-Tangible-Asset Competitor Comparison
For the Thermal Coal subindustry, PT SMR Utama 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 SMR Utama Tbk Return-on-Tangible-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT SMR Utama Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT SMR Utama 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 -22.69% mean?
PT SMR Utama Tbk (ISX:SMRU) has a Return-on-Tangible-Asset of -22.69% 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 SMR Utama Tbk and its competitors.
Is PT SMR Utama Tbk's Return-on-Tangible-Asset too high?
PT SMR Utama Tbk's current Return-on-Tangible-Asset is -22.69%. Overall, PT SMR Utama Tbk has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does PT SMR Utama Tbk's Return-on-Tangible-Asset compare to competitors?
PT SMR Utama Tbk's Return-on-Tangible-Asset of -22.69% can be compared against companies in the Other Energy Sources industry. The industry median Return-on-Tangible-Asset is 0.30. 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 an Other Energy Sources company?
The median Return-on-Tangible-Asset among Other Energy Sources companies is 0.30, based on 186 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. 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 SMR Utama Tbk and its competitors. For the Other Energy Sources industry, the median Return-on-Tangible-Asset is 0.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT SMR Utama Tbk's current Return-on-Tangible-Asset is -22.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT SMR Utama Tbk stock overvalued right now?
PT SMR Utama Tbk (ISX:SMRU) has a current Return-on-Tangible-Asset of -22.69%. The stock's GF Value™ is Rp37.23, compared to a current price of Rp50.00 — trading 34.3% above its estimated fair value. The current Return-on-Tangible-Asset is -22.69%. PT SMR Utama Tbk's overall GF Score™ is 11/100 with 5 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 SMR Utama Tbk (ISX:SMRU), the current Return-on-Tangible-Asset is -22.69% 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 SMR Utama Tbk (ISX:SMRU) Overvalued in 2026?
Based on GuruFocus' analysis, PT SMR Utama Tbk stock appears to be overvalued.
The current stock price of Rp50.00 is trading 34.3% above its estimated GF Value™ of Rp37.23.
Key valuation signals for ISX:SMRU:
Return-on-Tangible-Asset: -22.69%
GF Value™: Rp37.23 vs. price of Rp50.00 (34.3% above fair value)
No single metric tells the full story. See the ISX:SMRU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT SMR Utama Tbk business activities include mining and quarrying, wholesale trade, and professional, scientific, and technical activities. The Company owns a mining contractor providing mining services under long-term contracts with coal producers, such as PT Berau Coal. The Company carries out coal mining business activities, other mining and excavation support activities, wholesale trade in solid, liquid, and gas fuels and YBDI products, as well as management consulting activities. Its business units comprise Mining Contractor, IOT Consultant Services, and Coal Mining. The company has only one reportable segment, namely mining services. Its projects include Berau Coal Project I, Berau Coal Project II, and others.
11GF Score
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