What is PT Pakuwon Jati 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 Pakuwon Jati Tbk's annualizedNet Income for the quarter that ended in Mar. 2024 was $85.9 Mil. PT Pakuwon Jati Tbk's average total tangible assets for the quarter that ended in Mar. 2024 was $2,144.0 Mil. Therefore, PT Pakuwon Jati Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was 4.00%.
The historical rank and industry rank for PT Pakuwon Jati Tbk's Return-on-Tangible-Asset or its related term are showing as below:
PTPKF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.54 Med: 7.79 Max: 19.3
Current: 5.72
During the past 13 years, PT Pakuwon Jati Tbk's highest Return-on-Tangible-Asset was 19.30%. The lowest was 3.54%. And the median was 7.79%.
PTPKF's Return-on-Tangible-Asset is ranked better than 83.26% of 1822
companies
in the Real Estate industry
Industry Median: 1.06
vs PTPKF: 5.72
PT Pakuwon Jati Tbk Return-on-Tangible-Asset Historical Data
The historical data trend for PT Pakuwon Jati 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.
Competitive Comparison of PT Pakuwon Jati Tbk's Return-on-Tangible-Asset
For the Real Estate - Diversified subindustry, PT Pakuwon Jati 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 Pakuwon Jati Tbk's Return-on-Tangible-Asset Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, PT Pakuwon Jati Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Pakuwon Jati 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. 2024) net income data.
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 Pakuwon Jati Tbk Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of PT Pakuwon Jati Tbk's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Pakuwon Jati Tbk (PT Pakuwon Jati Tbk) Business Description
PT Pakuwon Jati Tbk is a real estate developer in Indonesia. It acquires, develops, and manages residential property, office buildings, hotels, serviced apartments, and shopping centers. Roughly half of the company's revenue is recurring revenue, which it generates from leasing units in shopping centers and office buildings, and from the revenue, it collects from hotels and serviced apartments. The remaining revenue is development revenue, which the company generates by selling condominiums, houses, and office units. Nearly all of the company's revenue is generated in Surabaya or Jakarta in Indonesia. It has three segments namely Office, shopping center, and service apartment; Real estate; and Hospitality.
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