GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Remala Abadi Tbk (ISX:DATA) » Definitions » Return-on-Tangible-Equity

PT Remala Abadi Tbk (ISX:DATA) Return-on-Tangible-Equity : 52.34% (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is PT Remala Abadi 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 Remala Abadi Tbk's annualized net income for the quarter that ended in Dec. 2024 was Rp96,590 Mil. PT Remala Abadi Tbk's average shareholder tangible equity for the quarter that ended in Dec. 2024 was Rp184,539 Mil. Therefore, PT Remala Abadi Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 52.34%.

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

ISX:DATA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.31   Med: 34.22   Max: 52.34
Current: 52.34

During the past 5 years, PT Remala Abadi Tbk's highest Return-on-Tangible-Equity was 52.34%. The lowest was 10.31%. And the median was 34.22%.

ISX:DATA's Return-on-Tangible-Equity is ranked better than
74.3% of 323 companies
in the Telecommunication Services industry
Industry Median: 16.33 vs ISX:DATA: 52.34

PT Remala Abadi Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Remala Abadi 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 Remala Abadi Tbk Return-on-Tangible-Equity Chart

PT Remala Abadi Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
10.31 34.22 44.55 26.49 52.34

PT Remala Abadi Tbk Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity 10.31 34.22 44.55 26.49 52.34

Competitive Comparison of PT Remala Abadi Tbk's Return-on-Tangible-Equity

For the Telecom Services subindustry, PT Remala Abadi 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 Remala Abadi Tbk's Return-on-Tangible-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Remala Abadi Tbk's Return-on-Tangible-Equity distribution charts can be found below:

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


;
;

PT Remala Abadi Tbk Return-on-Tangible-Equity Calculation

PT Remala Abadi 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 )
=96589.613/( (119062.784+250014.86 )/ 2 )
=96589.613/184538.822
=52.34 %

PT Remala Abadi Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=96589.613/( (119062.784+250014.86)/ 2 )
=96589.613/184538.822
=52.34 %

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


PT Remala Abadi Tbk  (ISX:DATA) 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 Remala Abadi Tbk Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of PT Remala Abadi Tbk's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Remala Abadi Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Gatot Subroto No 74-75, RT 02/ RW 01. Menteng Dalam, Kec. Tebet, Kota Jakarta Selatan, Jakarta, IDN, 12870
PT Remala Abadi Tbk operates in the ISP (Internet Service Provider) sector, providing Internet services including Broadband Internet, Local Link services, Managed Services (IP CAM setup, VOIP, WiFi Device), Server Colocation, as well as Fiber Optic Business to Business connectivity/installation and multimedia services. The company has experience in serving the telecommunications and internet service needs of various business segments, including the Corporate Telecommunications Industry, Government, Ministries and Institutions, Banking, Tourism, Education, Housing, and others.