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PT Bukit Darmo Property Tbk (ISX:BKDP) Return-on-Tangible-Equity : -10.99% (As of Mar. 2024)


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What is PT Bukit Darmo Property 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 Bukit Darmo Property Tbk's annualized net income for the quarter that ended in Mar. 2024 was Rp-41,404 Mil. PT Bukit Darmo Property Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2024 was Rp376,809 Mil. Therefore, PT Bukit Darmo Property Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -10.99%.

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

ISX:BKDP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.87   Med: -6.98   Max: 1.18
Current: -9.87

During the past 13 years, PT Bukit Darmo Property Tbk's highest Return-on-Tangible-Equity was 1.18%. The lowest was -9.87%. And the median was -6.98%.

ISX:BKDP's Return-on-Tangible-Equity is ranked worse than
83% of 1765 companies
in the Real Estate industry
Industry Median: 2.83 vs ISX:BKDP: -9.87

PT Bukit Darmo Property Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Bukit Darmo Property 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 Bukit Darmo Property Tbk Return-on-Tangible-Equity Chart

PT Bukit Darmo Property Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.34 -6.25 -7.81 -7.68 -8.70

PT Bukit Darmo Property Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -6.37 -14.05 -0.09 -14.38 -10.99

Competitive Comparison of PT Bukit Darmo Property Tbk's Return-on-Tangible-Equity

For the Real Estate Services subindustry, PT Bukit Darmo Property 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 Bukit Darmo Property Tbk's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Bukit Darmo Property Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Bukit Darmo Property Tbk's Return-on-Tangible-Equity falls into.



PT Bukit Darmo Property Tbk Return-on-Tangible-Equity Calculation

PT Bukit Darmo Property Tbk's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-34591.125/( (413285.141+381973.762 )/ 2 )
=-34591.125/397629.4515
=-8.70 %

PT Bukit Darmo Property Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-41404.324/( (381973.762+371643.321)/ 2 )
=-41404.324/376808.5415
=-10.99 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


PT Bukit Darmo Property Tbk  (ISX:BKDP) 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 Bukit Darmo Property Tbk Return-on-Tangible-Equity Related Terms

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PT Bukit Darmo Property Tbk (ISX:BKDP) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Tanah Abang III No. 6, Petojo Selatan - Gambir, Jakarta, IDN, 10160
PT Bukit Darmo Property Tbk is a real estate development company. It is engaged in construction, the sale of the condominium, and land development. The company is involved in the operation of mixed-used development which consists of The Adhiwangsa Golf Residence, Suite Hotel and Serviced Residence, and a retail mall, namely Lenmarc Mall. It operates in the following segments namely Real estate, Shopping mall, Construction; and Marketing services. Geographically, all the operations are functioned through the region of Indonesia which is also the revenue generation region for the company.

PT Bukit Darmo Property Tbk (ISX:BKDP) Headlines

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