PT United Tractors TbkPUTKF -4.65%83 Return-on-Tangible-Asset is 1.45% as of Mar. 2026, which is 86% below its 10-year median of 10.18. GuruFocus rates PUTKF with a GF Score™ of 83/100 and a GF Value™ of $1.26 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,659 Metals & Mining companies, PT United Tractors Tbk ranks better than 85.75% 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 United Tractors Tbk's annualizedNet Income for the quarter that ended in Mar. 2026 was $152 Mil. PT United Tractors Tbk's average total tangible assets for the quarter that ended in Mar. 2026 was $10,495 Mil. Therefore, PT United Tractors Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.45%.
The historical rank and industry rank for PT United Tractors Tbk's Return-on-Tangible-Asset or its related term are showing as below:
PUTKF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.82 Med: 10.18 Max: 16.94
Current: 6.99
During the past 13 years, PT United Tractors Tbk's highest Return-on-Tangible-Asset was 16.94%. The lowest was 5.82%. And the median was 10.18%.
PUTKF's Return-on-Tangible-Asset is ranked better than 85.75% of 2659
companies
in the Metals & Mining industry
Industry Median: -17.32
vs PUTKF: 6.99
PT United Tractors Tbk (OTCPK:PUTKF) 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 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 United Tractors Tbk Return-on-Tangible-Asset Related Terms
PT United Tractors Tbk Return-on-Tangible-Asset Historical Data
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The historical data trend for PT United Tractors 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 United Tractors Tbk Return-on-Tangible-Asset Chart
PT United Tractors Tbk Return-on-Tangible-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, PT United Tractors 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 United Tractors Tbk Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, PT United Tractors Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT United Tractors 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 1.45% mean?
PT United Tractors Tbk (PUTKF) has a Return-on-Tangible-Asset of 1.45% 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 United Tractors Tbk and its competitors. This is 86% below median its historical median of 10.18. Over the past decade, PT United Tractors Tbk's Return-on-Tangible-Asset has ranged from 5.82 to 16.94. According to the industry distribution chart, PT United Tractors Tbk ranks #379 out of 2659 companies in the Metals & Mining industry, placing it in the top 14.3%.
Is PT United Tractors Tbk's Return-on-Tangible-Asset too high?
PT United Tractors Tbk's current Return-on-Tangible-Asset of 1.45% is 86% below median its 10-year median of 10.18. Over the past 10 years, this metric has ranged from a low of 5.82 to a high of 16.94. Based on the distribution chart, PT United Tractors Tbk ranks #379 out of 2659 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, PT United Tractors Tbk has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT United Tractors Tbk's Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, PT United Tractors Tbk ranks #379 out of 2659 companies for Return-on-Tangible-Asset. This places PT United Tractors Tbk in the top 14% of its industry — outperforming the majority of peers. Historically, PT United Tractors Tbk's own Return-on-Tangible-Asset has ranged from 5.82 to 16.94 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 a Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining 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 United Tractors Tbk and its competitors. PT United Tractors Tbk's current Return-on-Tangible-Asset is 1.45%, which is 86% below median its own 10-year median of 10.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT United Tractors Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT United Tractors Tbk (PUTKF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.26, compared to a current price of $1.60 — trading 27% above its estimated fair value. The current Return-on-Tangible-Asset is 1.45%, which is 86% below median its 10-year median of 10.18. PT United Tractors Tbk's overall GF Score™ is 83/100 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 PT United Tractors Tbk (PUTKF), the current Return-on-Tangible-Asset is 1.45% 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 United Tractors Tbk (PUTKF) Overvalued in 2026?
Based on GuruFocus' analysis, PT United Tractors Tbk stock appears to be overvalued.
The current stock price of $1.60 is trading 27% above its estimated GF Value™ of $1.26.
GuruFocus considers PT United Tractors Tbk to be Modestly Overvalued.
Key valuation signals for PUTKF:
Return-on-Tangible-Asset: 1.45% (86% below median its 10-year median of 10.18)
GF Value™: $1.26 vs. price of $1.60 (27% above fair value)
No single metric tells the full story. See the PUTKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT United Tractors Tbk is the sole distributor of Komatsu heavy equipment in Indonesia. The Company provides a range of complementary products such as Tadano cranes, Bomag vibratory rollers, Scania buses and trucks, and UD Trucks. Through its subsidiaries, the Company provides engineering and manufacturing services for heavy equipment components, engine reconditioning, and the sale and leasing of tractors, generators, mini excavators, forklifts, and commodity parts. The Group operates through segments including Construction Machinery (sales, rental, and after-sales services), Mining Contracting (which generates maximum revenue), Thermal and Metallurgical Coal, Gold, and Other Mineral Mining, as well as other segments focused on construction services, energy, and related activities.
83GF Score
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