PT Asahimas Flat Glass Tbk (ISX:AMFG) Return-on-Tangible-Equity: -0.20% (As of Mar. 2026)


ISX:AMFG PT Asahimas Flat Glass Tbk ISX:AMFG
56 GF Score
Price Rp3,070.00
GF Value Rp4,169.39
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT Asahimas Flat Glass Tbk Return-on-Tangible-Equity?

PT Asahimas Flat Glass Tbk ISX:AMFG +1.99% 56 Return-on-Tangible-Equity is -0.20% as of Mar. 2026. GuruFocus rates ISX:AMFG with a GF Score™ of 56/100 and a GF Value™ of Rp4,169.39 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 397 Building Materials companies, PT Asahimas Flat Glass Tbk ranks worse than 70.78% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. PT Asahimas Flat Glass Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp-9,040 Mil. PT Asahimas Flat Glass Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp4,557,314 Mil. Therefore, PT Asahimas Flat Glass Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.20%.

The historical rank and industry rank for PT Asahimas Flat Glass Tbk's Return-on-Tangible-Equity or its related term are showing as below:

ISX:AMFG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.19   Med: 3.71   Max: 15.15
Current: 0.57

During the past 13 years, PT Asahimas Flat Glass Tbk's highest Return-on-Tangible-Equity was 15.15%. The lowest was -14.19%. And the median was 3.71%.

ISX:AMFG's Return-on-Tangible-Equity is ranked worse than
70.78% of 397 companies
in the Building Materials industry
Industry Median: 5.08 vs ISX:AMFG: 0.57

PT Asahimas Flat Glass Tbk  (ISX:AMFG) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


PT Asahimas Flat Glass Tbk Return-on-Tangible-Equity Related Terms


PT Asahimas Flat Glass Tbk Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for PT Asahimas Flat Glass Tbk's Return-on-Tangible-Equity 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 Asahimas Flat Glass Tbk Return-on-Tangible-Equity Chart

PT Asahimas Flat Glass Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.70 12.96 15.15 5.63 1.78

PT Asahimas Flat Glass 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-Equity 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 4.71 0.11 1.62 0.77 -0.20

ISX:AMFG vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison

For the Building Materials subindustry, PT Asahimas Flat Glass Tbk's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Asahimas Flat Glass Tbk Return-on-Tangible-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Asahimas Flat Glass Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Asahimas Flat Glass Tbk's Return-on-Tangible-Equity falls into.


ISX:AMFG
56GF Score
PT Asahimas Flat Glass Tbk ISX:AMFG
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Asahimas Flat Glass Tbk Return-on-Tangible-Equity Calculation

PT Asahimas Flat Glass Tbk's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=79631/( (4370193+4558550 )/ 2 )
=79631/4464371.5
=1.78 %

PT Asahimas Flat Glass Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-9040/( (4558550+4556077)/ 2 )
=-9040/4557313.5
=-0.20 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -0.20% mean?
PT Asahimas Flat Glass Tbk (ISX:AMFG) has a Return-on-Tangible-Equity of -0.20% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on PT Asahimas Flat Glass Tbk and its competitors. According to the industry distribution chart, PT Asahimas Flat Glass Tbk ranks #281 out of 397 companies in the Building Materials industry, placing it in the top 70.8%.
Is PT Asahimas Flat Glass Tbk's Return-on-Tangible-Equity too high?
PT Asahimas Flat Glass Tbk's current Return-on-Tangible-Equity is -0.20%. Based on the distribution chart, PT Asahimas Flat Glass Tbk ranks #281 out of 397 companies in the Building Materials industry, which is below the industry midpoint. Overall, PT Asahimas Flat Glass Tbk has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Asahimas Flat Glass Tbk's Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, PT Asahimas Flat Glass Tbk ranks #281 out of 397 companies for Return-on-Tangible-Equity. This places PT Asahimas Flat Glass Tbk in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.08. 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-Equity for a Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.08, based on 397 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on PT Asahimas Flat Glass Tbk and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Asahimas Flat Glass Tbk's current Return-on-Tangible-Equity is -0.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Asahimas Flat Glass Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Asahimas Flat Glass Tbk (ISX:AMFG) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp4,169.39, compared to a current price of Rp3,070.00 — trading 26.4% below its estimated fair value. The current Return-on-Tangible-Equity is -0.20%. PT Asahimas Flat Glass Tbk's overall GF Score™ is 56/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For PT Asahimas Flat Glass Tbk (ISX:AMFG), the current Return-on-Tangible-Equity is -0.20% 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 Asahimas Flat Glass Tbk (ISX:AMFG) Overvalued in 2026?

Based on GuruFocus' analysis, PT Asahimas Flat Glass Tbk stock appears to be undervalued. The current stock price of Rp3,070.00 is trading 26.4% below its estimated GF Value™ of Rp4,169.39. GuruFocus considers PT Asahimas Flat Glass Tbk to be Modestly Undervalued.

Key valuation signals for ISX:AMFG:

  • Return-on-Tangible-Equity: -0.20%
  • GF Value™: Rp4,169.39 vs. price of Rp3,070.00 (26.4% below fair value)
  • GF Score™: 56/100 with 5 warning signs

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


PT Asahimas Flat Glass Tbk Business Description

Address Jalan Ancol IX No. 5, Ancol Barat, North Jakarta, IDN, 14430
PT Asahimas Flat Glass Tbk is a glass manufacturing company. The company is also engaged in import export and glass quality testing laboratory services. The company operates in two segments namely flat glass and automotive glass. Its portfolio of the company consists of various glasses such as tinted glass, figured glass, reflective glass, mirror glass, tempered glass, and laminated glass. Its business activity of the organization functions in the geographical areas of Indonesia which include Jakarta, Cikampek, and Sidoarjo. It generates revenue through the sale of glass products.
56GF Score

Get the complete analysis for ISX:AMFG

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

Rp3,070.00
Price
Rp4,169.39
GF Value