PT Hexindo Adiperkasa Tbk (ISX:HEXA) Return-on-Tangible-Equity: 14.28% (As of Dec. 2025) — 31% Below Median

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ISX:HEXA PT Hexindo Adiperkasa Tbk ISX:HEXA
88 GF Score
Price Rp4,510.00
GF Value Rp5,619.18
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is PT Hexindo Adiperkasa Tbk Return-on-Tangible-Equity?

PT Hexindo Adiperkasa Tbk ISX:HEXA +1.58% 88 Return-on-Tangible-Equity is 14.28% as of Dec. 2025, which is 31% below its 10-year median of 20.59. GuruFocus rates ISX:HEXA with a GF Score™ of 88/100 and a GF Value™ of Rp5,619.18 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 154 Industrial Distribution companies, PT Hexindo Adiperkasa Tbk ranks better than 69.48% 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 Hexindo Adiperkasa Tbk's annualized net income for the quarter that ended in Dec. 2025 was Rp386,603 Mil. PT Hexindo Adiperkasa Tbk's average shareholder tangible equity for the quarter that ended in Dec. 2025 was Rp2,708,055 Mil. Therefore, PT Hexindo Adiperkasa Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 14.28%.

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

ISX:HEXA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.31   Med: 20.59   Max: 32.92
Current: 17.18

During the past 13 years, PT Hexindo Adiperkasa Tbk's highest Return-on-Tangible-Equity was 32.92%. The lowest was 3.31%. And the median was 20.59%.

ISX:HEXA's Return-on-Tangible-Equity is ranked better than
69.48% of 154 companies
in the Industrial Distribution industry
Industry Median: 9.02 vs ISX:HEXA: 17.18

PT Hexindo Adiperkasa Tbk  (ISX:HEXA) 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 Hexindo Adiperkasa Tbk Return-on-Tangible-Equity Related Terms


PT Hexindo Adiperkasa Tbk Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for PT Hexindo Adiperkasa 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 Hexindo Adiperkasa Tbk Return-on-Tangible-Equity Chart

PT Hexindo Adiperkasa Tbk Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.11 32.92 32.75 32.72 18.29

PT Hexindo Adiperkasa Tbk Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 26.61 24.23 15.93 14.14 14.28

ISX:HEXA vs GWW, FAST, FERG: Return-on-Tangible-Equity Comparison

For the Industrial Distribution subindustry, PT Hexindo Adiperkasa 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 Hexindo Adiperkasa Tbk Return-on-Tangible-Equity vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, PT Hexindo Adiperkasa Tbk's Return-on-Tangible-Equity distribution charts can be found below:

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


ISX:HEXA
88GF Score
PT Hexindo Adiperkasa Tbk ISX:HEXA
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Hexindo Adiperkasa Tbk Return-on-Tangible-Equity Calculation

PT Hexindo Adiperkasa Tbk's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=511551.155/( (2812590.797+2780429.241 )/ 2 )
=511551.155/2796510.019
=18.29 %

PT Hexindo Adiperkasa Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=386602.888/( (2642894.876+2773215.804)/ 2 )
=386602.888/2708055.34
=14.28 %

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

What does a Return-on-Tangible-Equity of 14.28% mean?
PT Hexindo Adiperkasa Tbk (ISX:HEXA) has a Return-on-Tangible-Equity of 14.28% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on PT Hexindo Adiperkasa Tbk and its competitors. This is 31% below median its historical median of 20.59. Over the past decade, PT Hexindo Adiperkasa Tbk's Return-on-Tangible-Equity has ranged from 3.31 to 32.92. According to the industry distribution chart, PT Hexindo Adiperkasa Tbk ranks #47 out of 154 companies in the Industrial Distribution industry, placing it in the top 30.5%.
Is PT Hexindo Adiperkasa Tbk's Return-on-Tangible-Equity too high?
PT Hexindo Adiperkasa Tbk's current Return-on-Tangible-Equity of 14.28% is 31% below median its 10-year median of 20.59. Over the past 10 years, this metric has ranged from a low of 3.31 to a high of 32.92. The Industrial Distribution industry median Return-on-Tangible-Equity is 9.02. PT Hexindo Adiperkasa Tbk's value of 14.28% is 58.3% above this industry median. Based on the distribution chart, PT Hexindo Adiperkasa Tbk ranks #47 out of 154 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, PT Hexindo Adiperkasa Tbk has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Hexindo Adiperkasa Tbk's Return-on-Tangible-Equity compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, PT Hexindo Adiperkasa Tbk ranks #47 out of 154 companies for Return-on-Tangible-Equity. This puts PT Hexindo Adiperkasa Tbk in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.02. PT Hexindo Adiperkasa Tbk's value of 14.28% is 58.3% above this benchmark. Historically, PT Hexindo Adiperkasa Tbk's own Return-on-Tangible-Equity has ranged from 3.31 to 32.92 over the past decade. While the company's 10-year median is 20.59 vs. the industry median of 9.02, PT Hexindo Adiperkasa 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 an Industrial Distribution company?
The median Return-on-Tangible-Equity among Industrial Distribution companies is 9.02, based on 154 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 Hexindo Adiperkasa Tbk's current Return-on-Tangible-Equity of 14.28% is 58.3% 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 Hexindo Adiperkasa Tbk and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Equity is 9.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Hexindo Adiperkasa Tbk's current Return-on-Tangible-Equity is 14.28%, which is 31% below median its own 10-year median of 20.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Hexindo Adiperkasa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Hexindo Adiperkasa Tbk (ISX:HEXA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp5,619.18, compared to a current price of Rp4,510.00 — trading 19.7% below its estimated fair value. The current Return-on-Tangible-Equity is 14.28%, which is 31% below median its 10-year median of 20.59 and 58.3% above the Industrial Distribution industry median of 9.02. PT Hexindo Adiperkasa Tbk's overall GF Score™ is 88/100 with 6 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 Hexindo Adiperkasa Tbk (ISX:HEXA), the current Return-on-Tangible-Equity is 14.28% as of Dec. 2025. 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 Hexindo Adiperkasa Tbk (ISX:HEXA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Hexindo Adiperkasa Tbk stock appears to be undervalued. The current stock price of Rp4,510.00 is trading 19.7% below its estimated GF Value™ of Rp5,619.18. GuruFocus considers PT Hexindo Adiperkasa Tbk to be Modestly Undervalued.

Key valuation signals for ISX:HEXA:

  • Return-on-Tangible-Equity: 14.28% (31% below median its 10-year median of 20.59)
  • GF Value™: Rp5,619.18 vs. price of Rp4,510.00 (19.7% below fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 58.3% above the Industrial Distribution median (#47 of 154)

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


PT Hexindo Adiperkasa Tbk Business Description

Other Exchanges HX1A:Germany
Address Jalan Pulo Kambing II, Kav. I-II No. 33, Kawasan Industri Pulogadung, Jakarta, IDN, 13930
PT Hexindo Adiperkasa Tbk distributes heavy equipment and spare parts in Indonesia. Its products include Mini Excavators, Medium Excavators, Large Excavators / Loading Shovels, Wheel Loaders, Rigid Frame Trucks, BELL Articulated Dump Trucks, Used Equipment, ConSite, and Industry Solutions. The company serves the mining, construction, agribusiness, and forestry industries. It has branches and representative offices across Indonesia, including Banda Aceh, Medan, Jakarta, Semarang, Balikpapan, Samarinda, Jayapura, Makassar, Palu, and Kendari, among others.
88GF Score

Get the complete analysis for ISX:HEXA

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

Rp4,510.00
Price
Rp5,619.18
GF Value