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PT Blue Bird Tbk (ISX:BIRD) Return-on-Tangible-Equity : 11.21% (As of Mar. 2025)


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What is PT Blue Bird Tbk Return-on-Tangible-Equity?

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 Blue Bird Tbk's annualized net income for the quarter that ended in Mar. 2025 was Rp661,592 Mil. PT Blue Bird Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2025 was Rp5,902,390 Mil. Therefore, PT Blue Bird Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 11.21%.

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

ISX:BIRD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.13   Med: 8.76   Max: 21.13
Current: 11.12

During the past 12 years, PT Blue Bird Tbk's highest Return-on-Tangible-Equity was 21.13%. The lowest was -3.13%. And the median was 8.76%.

ISX:BIRD's Return-on-Tangible-Equity is ranked better than
55.59% of 966 companies
in the Transportation industry
Industry Median: 9.775 vs ISX:BIRD: 11.12

PT Blue Bird Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Blue Bird 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.

* Premium members only.

PT Blue Bird Tbk Return-on-Tangible-Equity Chart

PT Blue Bird Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.13 0.15 7.04 8.51 10.38

PT Blue Bird Tbk Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 8.40 10.64 12.42 10.37 11.21

Competitive Comparison of PT Blue Bird Tbk's Return-on-Tangible-Equity

For the Railroads subindustry, PT Blue Bird 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 Blue Bird Tbk's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Blue Bird Tbk's Return-on-Tangible-Equity distribution charts can be found below:

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


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PT Blue Bird Tbk Return-on-Tangible-Equity Calculation

PT Blue Bird Tbk's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=585195/( (5459182+5819691 )/ 2 )
=585195/5639436.5
=10.38 %

PT Blue Bird Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=661592/( (5819691+5985089)/ 2 )
=661592/5902390
=11.21 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


PT Blue Bird Tbk  (ISX:BIRD) 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 Blue Bird Tbk Return-on-Tangible-Equity Related Terms

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PT Blue Bird Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Bojong Indah Raya No. 6A, Kel. Rawa Buaya, Kec. Cengkareng, Jakarta Barat, Jakarta, IDN, 11740
PT Blue Bird Tbk is an Indonesia-based company providing taxi transportation services. The company operates in segments namely the Taxi segment and Non-taxi segment. The taxi segment consists of a regular taxi and an executive taxi. The non-taxi segment consists of Limosine Car Rentals and Chartered Bus. The majority of the company's revenue comes from the Taxi segment. The company provides regular and executive taxi services with the brand of Blue Bird and Pusaka for regular taxis and Silver Bird for executive taxis.