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PT Tirta Mahakam Resources TbkISX:TIRT 11 Return-on-Tangible-Asset is 7.96% as of Mar. 2026. GuruFocus rates ISX:TIRT with a GF Score™ of 11/100. The stock has 4 warning signs investors should review. Among 287 Forest Products companies, PT Tirta Mahakam Resources Tbk ranks worse than 86.76% on this metric.
The historical rank and industry rank for PT Tirta Mahakam Resources Tbk's Return-on-Tangible-Asset or its related term are showing as below:
ISX:TIRT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -64.23 Med: -14.66 Max: 3.67
Current: -9.53
During the past 13 years, PT Tirta Mahakam Resources Tbk's highest Return-on-Tangible-Asset was 3.67%. The lowest was -64.23%. And the median was -14.66%.
ISX:TIRT's Return-on-Tangible-Asset is ranked worse than 86.76% of 287
companies
in the Forest Products industry
Industry Median: 1.11
vs ISX:TIRT: -9.53
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 Tirta Mahakam Resources Tbk Return-on-Tangible-Asset Related Terms
PT Tirta Mahakam Resources Tbk Return-on-Tangible-Asset Historical Data
* 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.
ISX:TIRT vs SSD, UFPI, BCC: Return-on-Tangible-Asset Comparison
For the Lumber & Wood Production subindustry, PT Tirta Mahakam Resources 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 Tirta Mahakam Resources Tbk Return-on-Tangible-Asset vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, PT Tirta Mahakam Resources Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Tirta Mahakam Resources 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 7.96% mean?
PT Tirta Mahakam Resources Tbk (ISX:TIRT) has a Return-on-Tangible-Asset of 7.96% 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 PT Tirta Mahakam Resources Tbk and its competitors. According to the industry distribution chart, PT Tirta Mahakam Resources Tbk ranks #249 out of 287 companies in the Forest Products industry, placing it in the top 86.8%.
Is PT Tirta Mahakam Resources Tbk's Return-on-Tangible-Asset too high?
PT Tirta Mahakam Resources Tbk's current Return-on-Tangible-Asset is 7.96%. The Forest Products industry median Return-on-Tangible-Asset is 1.11. PT Tirta Mahakam Resources Tbk's value of 7.96% is 617.1% above this industry median. Based on the distribution chart, PT Tirta Mahakam Resources Tbk ranks #249 out of 287 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, PT Tirta Mahakam Resources Tbk has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does PT Tirta Mahakam Resources Tbk's Return-on-Tangible-Asset compare to SSD and UFPI?
According to the Forest Products industry distribution chart, PT Tirta Mahakam Resources Tbk ranks #249 out of 287 companies for Return-on-Tangible-Asset. This places PT Tirta Mahakam Resources Tbk in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.11. PT Tirta Mahakam Resources Tbk's value of 7.96% is 617.1% 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 1.11, based on 287 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 Tirta Mahakam Resources Tbk's current Return-on-Tangible-Asset of 7.96% is 617.1% 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 Tirta Mahakam Resources Tbk and its competitors. For the Forest Products industry, the median Return-on-Tangible-Asset is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Tirta Mahakam Resources Tbk's current Return-on-Tangible-Asset is 7.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Tirta Mahakam Resources Tbk stock overvalued right now?
PT Tirta Mahakam Resources Tbk (ISX:TIRT) has a current Return-on-Tangible-Asset of 7.96%. The current Return-on-Tangible-Asset is 7.96% and 617.1% above the Forest Products industry median of 1.11. PT Tirta Mahakam Resources Tbk's overall GF Score™ is 11/100 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 Tirta Mahakam Resources Tbk (ISX:TIRT), the current Return-on-Tangible-Asset is 7.96% 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.
PT Tirta Mahakam Resources Tbk is engaged in the plywood processing industry, producing various types of plywood products. The company's main products are Floorbase, General Plywood, Concrete Panel, Structure Panel, Barecore, Blockboard, Polyester Plywood, and Polyester Blockboard. It has only one reportable segment, which is plywood industry segment.
11GF Score
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