Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
PT Astra Graphia TbkISX:ASGR -2.84%69 Return-on-Tangible-Equity is 13.20% as of Mar. 2026, which is 6% above its 10-year median of 12.40. GuruFocus rates ISX:ASGR with a GF Score™ of 69/100 and a GF Value™ of Rp934.25 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,009 Business Services companies, PT Astra Graphia Tbk ranks better than 59.56% 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 Astra Graphia Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp277,944 Mil. PT Astra Graphia Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp2,105,147 Mil. Therefore, PT Astra Graphia Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.20%.
The historical rank and industry rank for PT Astra Graphia Tbk's Return-on-Tangible-Equity or its related term are showing as below:
ISX:ASGR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.1 Med: 12.4 Max: 23.74
Current: 14.54
During the past 13 years, PT Astra Graphia Tbk's highest Return-on-Tangible-Equity was 23.74%. The lowest was 3.10%. And the median was 12.40%.
ISX:ASGR's Return-on-Tangible-Equity is ranked better than 59.56% of 1009
companies
in the Business Services industry
Industry Median: 10.69
vs ISX:ASGR: 14.54
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 Astra Graphia Tbk Return-on-Tangible-Equity Related Terms
PT Astra Graphia Tbk Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for PT Astra Graphia 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.
ISX:ASGR vs CTAS, CPRT, ULS: Return-on-Tangible-Equity Comparison
For the Specialty Business Services subindustry, PT Astra Graphia 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 Astra Graphia Tbk Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, PT Astra Graphia Tbk's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PT Astra Graphia Tbk's Return-on-Tangible-Equity 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-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 13.20% mean?
PT Astra Graphia Tbk (ISX:ASGR) has a Return-on-Tangible-Equity of 13.20% 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 Astra Graphia Tbk and its competitors. This is near median its historical median of 12.40. Over the past decade, PT Astra Graphia Tbk's Return-on-Tangible-Equity has ranged from 3.10 to 23.74. According to the industry distribution chart, PT Astra Graphia Tbk ranks #408 out of 1009 companies in the Business Services industry, placing it in the top 40.4%.
Is PT Astra Graphia Tbk's Return-on-Tangible-Equity too high?
PT Astra Graphia Tbk's current Return-on-Tangible-Equity of 13.20% is near median its 10-year median of 12.40. Over the past 10 years, this metric has ranged from a low of 3.10 to a high of 23.74. The Business Services industry median Return-on-Tangible-Equity is 10.69. PT Astra Graphia Tbk's value of 13.20% is 23.5% above this industry median. Based on the distribution chart, PT Astra Graphia Tbk ranks #408 out of 1009 companies in the Business Services industry, which is above the industry midpoint. Overall, PT Astra Graphia Tbk has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Astra Graphia Tbk's Return-on-Tangible-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, PT Astra Graphia Tbk ranks #408 out of 1009 companies for Return-on-Tangible-Equity. This puts PT Astra Graphia Tbk in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.69. PT Astra Graphia Tbk's value of 13.20% is 23.5% above this benchmark. Historically, PT Astra Graphia Tbk's own Return-on-Tangible-Equity has ranged from 3.10 to 23.74 over the past decade. While the company's 10-year median is 12.40 vs. the industry median of 10.69, PT Astra Graphia Tbk has consistently been above the industry average. 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.69, based on 1,009 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. PT Astra Graphia Tbk's current Return-on-Tangible-Equity of 13.20% is 23.5% above the industry median. 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 Astra Graphia Tbk and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Astra Graphia Tbk's current Return-on-Tangible-Equity is 13.20%, which is near median its own 10-year median of 12.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Astra Graphia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Astra Graphia Tbk (ISX:ASGR) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp934.25, compared to a current price of Rp1,880.00 — trading 101.2% above its estimated fair value. The current Return-on-Tangible-Equity is 13.20%, which is near median its 10-year median of 12.40 and 23.5% above the Business Services industry median of 10.69. PT Astra Graphia Tbk's overall GF Score™ is 69/100 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 Astra Graphia Tbk (ISX:ASGR), the current Return-on-Tangible-Equity is 13.20% 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 Astra Graphia Tbk (ISX:ASGR) Overvalued in 2026?
Based on GuruFocus' analysis, PT Astra Graphia Tbk stock appears to be overvalued.
The current stock price of Rp1,880.00 is trading 101.2% above its estimated GF Value™ of Rp934.25.
GuruFocus considers PT Astra Graphia Tbk to be Significantly Overvalued.
Key valuation signals for ISX:ASGR:
Return-on-Tangible-Equity: 13.20% (near median its 10-year median of 12.40)
GF Value™: Rp934.25 vs. price of Rp1,880.00 (101.2% above fair value)
Industry Position: 23.5% above the Business Services median (#408 of 1009)
No single metric tells the full story. See the ISX:ASGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Astra Graphia Tbk is an Indonesian company that offers document, information, and communication technology solutions. The company engages in trading, industrial and consulting services, office equipment and supplies contractor services, telecommunications, and investments in other entities. It also provides information and communication solutions such as digital printing services for variable data, office supplies, and office product delivery services. The company organizes its business into two segments: Document Solutions, Information Technology Solutions.
69GF Score
Get the complete analysis for ISX:ASGR
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:ASGR has been successfully added to your 
