PT Astra International Tbk (ISX:ASII) Return-on-Tangible-Equity: 11.01% (As of Mar. 2026) — 36% Below Median


ISX:ASII PT Astra International Tbk ISX:ASII
93 GF Score
Price Rp4,520.00
GF Value Rp5,292.01
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is PT Astra International Tbk Return-on-Tangible-Equity?

PT Astra International Tbk ISX:ASII -4.03% 93 Return-on-Tangible-Equity is 11.01% as of Mar. 2026, which is 36% below its 10-year median of 17.12. GuruFocus rates ISX:ASII with a GF Score™ of 93/100 and a GF Value™ of Rp5,292.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 546 Conglomerates companies, PT Astra International Tbk ranks better than 75.64% 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 International Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp23,400,000 Mil. PT Astra International Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp212,541,500 Mil. Therefore, PT Astra International Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.01%.

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

ISX:ASII' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.79   Med: 17.12   Max: 18.95
Current: 15.29

During the past 13 years, PT Astra International Tbk's highest Return-on-Tangible-Equity was 18.95%. The lowest was 11.79%. And the median was 17.12%.

ISX:ASII's Return-on-Tangible-Equity is ranked better than
75.64% of 546 companies
in the Conglomerates industry
Industry Median: 7.41 vs ISX:ASII: 15.29

PT Astra International Tbk  (ISX:ASII) 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 Astra International Tbk Return-on-Tangible-Equity Related Terms


PT Astra International Tbk Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for PT Astra International 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 Astra International Tbk Return-on-Tangible-Equity Chart

PT Astra International 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 13.57 17.36 18.95 18.02 16.13

PT Astra International 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 13.91 17.05 17.55 15.83 11.01

ISX:ASII vs HON, MMM: Return-on-Tangible-Equity Comparison

For the Conglomerates subindustry, PT Astra International 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 International Tbk Return-on-Tangible-Equity vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, PT Astra International Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Astra International Tbk's Return-on-Tangible-Equity falls into.


ISX:ASII
93GF Score
PT Astra International Tbk ISX:ASII
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Astra International Tbk Return-on-Tangible-Equity Calculation

PT Astra International 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 )
=32769000/( (195612000+210596000 )/ 2 )
=32769000/203104000
=16.13 %

PT Astra International 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 )
=23400000/( (210596000+214487000)/ 2 )
=23400000/212541500
=11.01 %

* 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 11.01% mean?
PT Astra International Tbk (ISX:ASII) has a Return-on-Tangible-Equity of 11.01% 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 International Tbk and its competitors. This is 36% below median its historical median of 17.12. Over the past decade, PT Astra International Tbk's Return-on-Tangible-Equity has ranged from 11.79 to 18.95. According to the industry distribution chart, PT Astra International Tbk ranks #133 out of 546 companies in the Conglomerates industry, placing it in the top 24.4%.
Is PT Astra International Tbk's Return-on-Tangible-Equity too high?
PT Astra International Tbk's current Return-on-Tangible-Equity of 11.01% is 36% below median its 10-year median of 17.12. Over the past 10 years, this metric has ranged from a low of 11.79 to a high of 18.95. The Conglomerates industry median Return-on-Tangible-Equity is 7.41. PT Astra International Tbk's value of 11.01% is 48.6% above this industry median. Based on the distribution chart, PT Astra International Tbk ranks #133 out of 546 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, PT Astra International Tbk has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Astra International Tbk's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, PT Astra International Tbk ranks #133 out of 546 companies for Return-on-Tangible-Equity. This places PT Astra International Tbk in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.41. PT Astra International Tbk's value of 11.01% is 48.6% above this benchmark. Historically, PT Astra International Tbk's own Return-on-Tangible-Equity has ranged from 11.79 to 18.95 over the past decade. While the company's 10-year median is 17.12 vs. the industry median of 7.41, PT Astra International 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.41, based on 546 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 International Tbk's current Return-on-Tangible-Equity of 11.01% is 48.6% 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 International Tbk and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Astra International Tbk's current Return-on-Tangible-Equity is 11.01%, which is 36% below median its own 10-year median of 17.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Astra International Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Astra International Tbk (ISX:ASII) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp5,292.01, compared to a current price of Rp4,520.00 — trading 14.6% below its estimated fair value. The current Return-on-Tangible-Equity is 11.01%, which is 36% below median its 10-year median of 17.12 and 48.6% above the Conglomerates industry median of 7.41. PT Astra International Tbk's overall GF Score™ is 93/100 with 4 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 International Tbk (ISX:ASII), the current Return-on-Tangible-Equity is 11.01% 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 International Tbk (ISX:ASII) Overvalued in 2026?

Based on GuruFocus' analysis, PT Astra International Tbk stock appears to be undervalued. The current stock price of Rp4,520.00 is trading 14.6% below its estimated GF Value™ of Rp5,292.01. GuruFocus considers PT Astra International Tbk to be Modestly Undervalued.

Key valuation signals for ISX:ASII:

  • Return-on-Tangible-Equity: 11.01% (36% below median its 10-year median of 17.12)
  • GF Value™: Rp5,292.01 vs. price of Rp4,520.00 (14.6% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 48.6% above the Conglomerates median (#133 of 546)

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


PT Astra International Tbk Business Description

Address Jalan Jend. Sudirman Kav. 5-6, Menara Astra, 59th Floor, Karet Tengsin, Tanah Abang, Jakarta, IDN, 10220
PT Astra International Tbk Indonesia-based conglomerate of companies operating in seven segments: Automotive and mobility, Financial Services, Energy (HEMCE), Agribusiness, Infrastructure, Information Technology, and Property. The company generates maximum revenue from Energy Segment. In automotive, Astra International offers car brands including Toyota, Daihatsu, Isuzu, BMW, Peugeot, UD Trucks, and Honda motorcycles. The company also offers car maintenance and services via its distribution network. Financial services support financing for Astra's other business segments. Heavy equipment and mining consist of three core activities: construction machinery, mining contracting, and coal mining, and other activities.
93GF Score

Get the complete analysis for ISX:ASII

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

Rp4,520.00
Price
Rp5,292.01
GF Value