PTrana Menara Nusantara Tbk (ISX:TOWR) Return-on-Tangible-Asset: 5.66% (As of Jun. 2026) — 37% Below Median

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ISX:TOWR PT Sarana Menara Nusantara Tbk ISX:TOWR
92 GF Score
Price Rp400.00
GF Value Rp612.29
Valuation Possible Value Trap
! 5 Warning Signs
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What is PTrana Menara Nusantara Tbk Return-on-Tangible-Asset?

PTrana Menara Nusantara Tbk ISX:TOWR -1.48% 92 Return-on-Tangible-Asset is 5.66% as of Jun. 2026, which is 37% below its 10-year median of 8.98. GuruFocus rates ISX:TOWR with a GF Score™ of 92/100 and a GF Value™ of Rp612.29 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,802 Real Estate companies, PTrana Menara Nusantara Tbk ranks better than 83.85% 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 Menara Nusantara Tbk's annualized Net Income for the quarter that ended in Jun. 2026 was Rp3,663,720 Mil. PTrana Menara Nusantara Tbk's average total tangible assets for the quarter that ended in Jun. 2026 was Rp64,768,735 Mil. Therefore, PTrana Menara Nusantara Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 5.66%.

The historical rank and industry rank for PTrana Menara Nusantara Tbk's Return-on-Tangible-Asset or its related term are showing as below:

ISX:TOWR' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.91   Med: 8.98   Max: 13.01
Current: 6.2

During the past 13 years, PTrana Menara Nusantara Tbk's highest Return-on-Tangible-Asset was 13.01%. The lowest was 5.91%. And the median was 8.98%.

ISX:TOWR's Return-on-Tangible-Asset is ranked better than
83.85% of 1802 companies
in the Real Estate industry
Industry Median: 1.78 vs ISX:TOWR: 6.20

PTrana Menara Nusantara Tbk  (ISX:TOWR) 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.


PTrana Menara Nusantara Tbk Return-on-Tangible-Asset Related Terms


PTrana Menara Nusantara Tbk Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for PTrana Menara Nusantara 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 Menara Nusantara Tbk Return-on-Tangible-Asset Chart

PTrana Menara Nusantara 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 8.35 7.01 6.45 5.91 6.04

PTrana Menara Nusantara 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 5.50 5.89 7.34 6.02 5.66

ISX:TOWR vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison

For the Real Estate Services subindustry, PTrana Menara Nusantara 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 Menara Nusantara Tbk Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PTrana Menara Nusantara Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PTrana Menara Nusantara Tbk's Return-on-Tangible-Asset falls into.


ISX:TOWR
92GF Score
PT Sarana Menara Nusantara Tbk ISX:TOWR
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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PTrana Menara Nusantara Tbk Return-on-Tangible-Asset Calculation

PTrana Menara Nusantara 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 )
=3678316/( (61087822+60691513)/ 2 )
=3678316/60889667.5
=6.04 %

PTrana Menara Nusantara 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 )
=3663720/( (64327051+65210419)/ 2 )
=3663720/64768735
=5.66 %

* 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 5.66% mean?
PTrana Menara Nusantara Tbk (ISX:TOWR) has a Return-on-Tangible-Asset of 5.66% 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 PTrana Menara Nusantara Tbk and its competitors. This is 37% below median its historical median of 8.98. Over the past decade, PTrana Menara Nusantara Tbk's Return-on-Tangible-Asset has ranged from 5.91 to 13.01. According to the industry distribution chart, PTrana Menara Nusantara Tbk ranks #291 out of 1802 companies in the Real Estate industry, placing it in the top 16.1%.
Is PTrana Menara Nusantara Tbk's Return-on-Tangible-Asset too high?
PTrana Menara Nusantara Tbk's current Return-on-Tangible-Asset of 5.66% is 37% below median its 10-year median of 8.98. Over the past 10 years, this metric has ranged from a low of 5.91 to a high of 13.01. The Real Estate industry median Return-on-Tangible-Asset is 1.78. PTrana Menara Nusantara Tbk's value of 5.66% is 218% above this industry median. Based on the distribution chart, PTrana Menara Nusantara Tbk ranks #291 out of 1802 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, PTrana Menara Nusantara Tbk has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PTrana Menara Nusantara Tbk's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PTrana Menara Nusantara Tbk ranks #291 out of 1802 companies for Return-on-Tangible-Asset. This places PTrana Menara Nusantara Tbk in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.78. PTrana Menara Nusantara Tbk's value of 5.66% is 218% above this benchmark. Historically, PTrana Menara Nusantara Tbk's own Return-on-Tangible-Asset has ranged from 5.91 to 13.01 over the past decade. While the company's 10-year median is 8.98 vs. the industry median of 1.78, PTrana Menara Nusantara 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.78, based on 1,802 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 Menara Nusantara Tbk's current Return-on-Tangible-Asset of 5.66% is 218% 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 Menara Nusantara Tbk and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTrana Menara Nusantara Tbk's current Return-on-Tangible-Asset is 5.66%, which is 37% below median its own 10-year median of 8.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTrana Menara Nusantara Tbk stock overvalued right now?
Based on GuruFocus' analysis, PTrana Menara Nusantara Tbk (ISX:TOWR) is currently considered Possible Value Trap. The stock's GF Value™ is Rp612.29, compared to a current price of Rp400.00 — trading 34.7% below its estimated fair value. The current Return-on-Tangible-Asset is 5.66%, which is 37% below median its 10-year median of 8.98 and 218% above the Real Estate industry median of 1.78. PTrana Menara Nusantara Tbk's overall GF Score™ is 92/100 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 PTrana Menara Nusantara Tbk (ISX:TOWR), the current Return-on-Tangible-Asset is 5.66% 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 PTrana Menara Nusantara Tbk (ISX:TOWR) Overvalued in 2026?

Based on GuruFocus' analysis, PTrana Menara Nusantara Tbk stock appears to be undervalued. The current stock price of Rp400.00 is trading 34.7% below its estimated GF Value™ of Rp612.29. GuruFocus considers PTrana Menara Nusantara Tbk to be Possible Value Trap.

Key valuation signals for ISX:TOWR:

  • Return-on-Tangible-Asset: 5.66% (37% below median its 10-year median of 8.98)
  • GF Value™: Rp612.29 vs. price of Rp400.00 (34.7% below fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 218% above the Real Estate median (#291 of 1802)

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


PTrana Menara Nusantara Tbk Business Description

Other Exchanges SMNUF:USA
Address Jalan Jenderal Ahmad Yani No. 19A, Kudus, IDN
PT Sarana Menara Nusantara Tbk is an investment company. The company's main business focus is to invest in companies engaged in operating telecommunication tower locations for lease to wireless communication companies. The business segments of the company include Tower lease and Non-Tower (VSAT service, and Wireline). The majority of the company's revenue is generated from the Tower Lease segment.
92GF 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.

Rp400.00
Price
Rp612.29
GF Value