PBATF (PT Bukit Asam (Persero) Tbk) Return-on-Tangible-Asset: 7.33% (As of Mar. 2026) — 52% Below Median


PBATF PT Bukit Asam (Persero) Tbk PBATF
66 GF Score
Price $0.17
GF Value $0.11
Valuation Significantly Overvalued
! 6 Warning Signs
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What is PT Bukit Asam (Persero) Tbk Return-on-Tangible-Asset?

PT Bukit Asam (Persero) Tbk PBATF +29.67% 66 Return-on-Tangible-Asset is 7.33% as of Mar. 2026, which is 52% below its 10-year median of 15.38. GuruFocus rates PBATF with a GF Score™ of 66/100 and a GF Value™ of $0.11 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 185 Other Energy Sources companies, PT Bukit Asam (Persero) Tbk ranks better than 84.32% 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. PT Bukit Asam (Persero) Tbk's annualized Net Income for the quarter that ended in Mar. 2026 was $189 Mil. PT Bukit Asam (Persero) Tbk's average total tangible assets for the quarter that ended in Mar. 2026 was $2,585 Mil. Therefore, PT Bukit Asam (Persero) Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.33%.

The historical rank and industry rank for PT Bukit Asam (Persero) Tbk's Return-on-Tangible-Asset or its related term are showing as below:

PBATF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.85   Med: 15.38   Max: 30.92
Current: 7.79

During the past 13 years, PT Bukit Asam (Persero) Tbk's highest Return-on-Tangible-Asset was 30.92%. The lowest was 6.85%. And the median was 15.38%.

PBATF's Return-on-Tangible-Asset is ranked better than
84.32% of 185 companies
in the Other Energy Sources industry
Industry Median: -0.61 vs PBATF: 7.79

PT Bukit Asam (Persero) Tbk  (OTCPK:PBATF) 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 Bukit Asam (Persero) Tbk Return-on-Tangible-Asset Related Terms


PT Bukit Asam (Persero) Tbk Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for PT Bukit Asam (Persero) 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 Bukit Asam (Persero) Tbk Return-on-Tangible-Asset Chart

PT Bukit Asam (Persero) 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 26.26 29.74 14.60 12.50 6.72

PT Bukit Asam (Persero) Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.69 4.19 5.23 14.11 7.33

PT Bukit Asam (Persero) Tbk Return-on-Tangible-Asset Competitor Comparison

For the Thermal Coal subindustry, PT Bukit Asam (Persero) 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 Bukit Asam (Persero) Tbk Return-on-Tangible-Asset vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Bukit Asam (Persero) Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Bukit Asam (Persero) Tbk's Return-on-Tangible-Asset falls into.


PBATF
66GF Score
PT Bukit Asam (Persero) Tbk PBATF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bukit Asam (Persero) Tbk Return-on-Tangible-Asset Calculation

PT Bukit Asam (Persero) 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 )
=175.372/( (2599.399+2622.532)/ 2 )
=175.372/2610.9655
=6.72 %

PT Bukit Asam (Persero) Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=189.444/( (2622.532+2547.418)/ 2 )
=189.444/2584.975
=7.33 %

* 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 7.33% mean?
PT Bukit Asam (Persero) Tbk (PBATF) has a Return-on-Tangible-Asset of 7.33% 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 Bukit Asam (Persero) Tbk and its competitors. This is 52% below median its historical median of 15.38. Over the past decade, PT Bukit Asam (Persero) Tbk's Return-on-Tangible-Asset has ranged from 6.85 to 30.92. According to the industry distribution chart, PT Bukit Asam (Persero) Tbk ranks #29 out of 185 companies in the Other Energy Sources industry, placing it in the top 15.7%.
Is PT Bukit Asam (Persero) Tbk's Return-on-Tangible-Asset too high?
PT Bukit Asam (Persero) Tbk's current Return-on-Tangible-Asset of 7.33% is 52% below median its 10-year median of 15.38. Over the past 10 years, this metric has ranged from a low of 6.85 to a high of 30.92. Based on the distribution chart, PT Bukit Asam (Persero) Tbk ranks #29 out of 185 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, PT Bukit Asam (Persero) Tbk has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Bukit Asam (Persero) Tbk's Return-on-Tangible-Asset compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Bukit Asam (Persero) Tbk ranks #29 out of 185 companies for Return-on-Tangible-Asset. This places PT Bukit Asam (Persero) Tbk in the top 16% of its industry — outperforming the majority of peers. Historically, PT Bukit Asam (Persero) Tbk's own Return-on-Tangible-Asset has ranged from 6.85 to 30.92 over the past decade. 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?
A good Return-on-Tangible-Asset depends on the Other Energy Sources industry context. 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 Bukit Asam (Persero) Tbk and its competitors. PT Bukit Asam (Persero) Tbk's current Return-on-Tangible-Asset is 7.33%, which is 52% below median its own 10-year median of 15.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bukit Asam (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk (PBATF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.11, compared to a current price of $0.17 — trading 54.5% above its estimated fair value. The current Return-on-Tangible-Asset is 7.33%, which is 52% below median its 10-year median of 15.38. PT Bukit Asam (Persero) Tbk's overall GF Score™ is 66/100 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 PT Bukit Asam (Persero) Tbk (PBATF), the current Return-on-Tangible-Asset is 7.33% 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 PT Bukit Asam (Persero) Tbk (PBATF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk stock appears to be overvalued. The current stock price of $0.17 is trading 54.5% above its estimated GF Value™ of $0.11. GuruFocus considers PT Bukit Asam (Persero) Tbk to be Significantly Overvalued.

Key valuation signals for PBATF:

  • Return-on-Tangible-Asset: 7.33% (52% below median its 10-year median of 15.38)
  • GF Value™: $0.11 vs. price of $0.17 (54.5% above fair value)
  • GF Score™: 66/100 with 6 warning signs

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


PT Bukit Asam (Persero) Tbk Business Description

Address Jalan Parigi No. 1, Tanjung Enim, Muara Enim, South Sumatra, 5d356, Palembang, IDN, 31716
PT Bukit Asam (Persero) Tbk operates in Indonesia's energy sector, managing coal reserves and producing coal for domestic and export markets. The operations of the company include logistics and infrastructure for coal distribution via dedicated routes and railways, downstream processing of coal for power generation and derivative products, and development of renewable energy projects, including solar power (PV) and biomass.
66GF Score

Get the complete analysis for PBATF

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.17
Price
$0.11
GF Value