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PT Bakrie Sumatera Plantations Tbk (ISX:UNSP) Return-on-Tangible-Asset : -20.96% (As of Mar. 2024)


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What is PT Bakrie Sumatera Plantations Tbk Return-on-Tangible-Asset?

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 Bakrie Sumatera Plantations Tbk's annualized Net Income for the quarter that ended in Mar. 2024 was Rp-974,396 Mil. PT Bakrie Sumatera Plantations Tbk's average total tangible assets for the quarter that ended in Mar. 2024 was Rp4,649,910 Mil. Therefore, PT Bakrie Sumatera Plantations Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was -20.96%.

The historical rank and industry rank for PT Bakrie Sumatera Plantations Tbk's Return-on-Tangible-Asset or its related term are showing as below:

ISX:UNSP' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -41.6   Med: -3.64   Max: 3.39
Current: -8.82

During the past 13 years, PT Bakrie Sumatera Plantations Tbk's highest Return-on-Tangible-Asset was 3.39%. The lowest was -41.60%. And the median was -3.64%.

ISX:UNSP's Return-on-Tangible-Asset is ranked worse than
86.4% of 1912 companies
in the Consumer Packaged Goods industry
Industry Median: 3.295 vs ISX:UNSP: -8.82

PT Bakrie Sumatera Plantations Tbk Return-on-Tangible-Asset Historical Data

The historical data trend for PT Bakrie Sumatera Plantations 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.

* Premium members only.

PT Bakrie Sumatera Plantations Tbk Return-on-Tangible-Asset Chart

PT Bakrie Sumatera Plantations Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.60 -9.63 1.63 3.39 1.38

PT Bakrie Sumatera Plantations Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 19.97 1.36 -7.95 -7.68 -20.96

Competitive Comparison of PT Bakrie Sumatera Plantations Tbk's Return-on-Tangible-Asset

For the Farm Products subindustry, PT Bakrie Sumatera Plantations 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 Bakrie Sumatera Plantations Tbk's Return-on-Tangible-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Bakrie Sumatera Plantations Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Bakrie Sumatera Plantations Tbk's Return-on-Tangible-Asset falls into.



PT Bakrie Sumatera Plantations Tbk Return-on-Tangible-Asset Calculation

PT Bakrie Sumatera Plantations Tbk's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=62691/( (4534557+4553980)/ 2 )
=62691/4544268.5
=1.38 %

PT Bakrie Sumatera Plantations Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-974396/( (4553980+4745840)/ 2 )
=-974396/4649910
=-20.96 %

* 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. 2024) net income data.


PT Bakrie Sumatera Plantations Tbk  (ISX:UNSP) 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 Bakrie Sumatera Plantations Tbk Return-on-Tangible-Asset Related Terms

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PT Bakrie Sumatera Plantations Tbk (ISX:UNSP) Business Description

Traded in Other Exchanges
Address
Jalan Ir. H. Juanda Kelurahan, Kisaran Timur Kecamatan Kota Kisaran, Timur Kabupaten Asahan, Sumatera Utara, Medan, IDN, 21222
PT Bakrie Sumatera Plantations Tbk is engaged in plantations, processing and trading agricultural and industrial products. Its segments include Palm oil and derivatives, Rubber, and Oleochemical. Oleochemicals segment is mainly involved in the business activities relating to oleochemical processing, marketing, and selling. Rubber segment is mainly involved in the development and maintenance of rubber and other business activities relating to rubber processing, marketing, and selling. Palm oil and derivatives segment is mainly involved in the development and maintenance of palm oil and other business activities relating to palm oil processing, marketing, and selling. The company generates majority of the revenue from palm oil and derivatives segment.

PT Bakrie Sumatera Plantations Tbk (ISX:UNSP) Headlines

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