PT Hanjaya Mandalampoerna Tbk (ISX:HMSP) Return-on-Tangible-Equity: 28.04% (As of Mar. 2026) — Near Median


ISX:HMSP PT Hanjaya Mandala Sampoerna Tbk ISX:HMSP
88 GF Score
Price Rp680.00
GF Value Rp735.05
Valuation Fairly Valued
! 5 Warning Signs
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What is PT Hanjaya Mandalampoerna Tbk Return-on-Tangible-Equity?

PT Hanjaya Mandalampoerna Tbk ISX:HMSP +3.03% 88 Return-on-Tangible-Equity is 28.04% as of Mar. 2026, which is 4% above its 10-year median of 27.02. GuruFocus rates ISX:HMSP with a GF Score™ of 88/100 and a GF Value™ of Rp735.05 (Fairly Valued). The stock has 5 warning signs investors should review. Among 44 Tobacco Products companies, PT Hanjaya Mandalampoerna Tbk ranks worse than 52.27% 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 Hanjaya Mandalampoerna Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp8,224,676 Mil. PT Hanjaya Mandalampoerna Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp29,328,421 Mil. Therefore, PT Hanjaya Mandalampoerna Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 28.04%.

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

ISX:HMSP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 22.1   Med: 27.02   Max: 39.04
Current: 24.26

During the past 13 years, PT Hanjaya Mandalampoerna Tbk's highest Return-on-Tangible-Equity was 39.04%. The lowest was 22.10%. And the median was 27.02%.

ISX:HMSP's Return-on-Tangible-Equity is ranked worse than
52.27% of 44 companies
in the Tobacco Products industry
Industry Median: 25.395 vs ISX:HMSP: 24.26

PT Hanjaya Mandalampoerna Tbk  (ISX:HMSP) 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 Hanjaya Mandalampoerna Tbk Return-on-Tangible-Equity Related Terms


PT Hanjaya Mandalampoerna Tbk Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for PT Hanjaya Mandalampoerna 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 Hanjaya Mandalampoerna Tbk Return-on-Tangible-Equity Chart

PT Hanjaya Mandalampoerna 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 24.07 22.10 27.96 22.87 23.36

PT Hanjaya Mandalampoerna 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 26.22 3.10 38.00 30.79 28.04

ISX:HMSP vs PM, MO, TPB: Return-on-Tangible-Equity Comparison

For the Tobacco subindustry, PT Hanjaya Mandalampoerna 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 Hanjaya Mandalampoerna Tbk Return-on-Tangible-Equity vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, PT Hanjaya Mandalampoerna Tbk's Return-on-Tangible-Equity distribution charts can be found below:

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


ISX:HMSP
88GF Score
PT Hanjaya Mandala Sampoerna Tbk ISX:HMSP
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Hanjaya Mandalampoerna Tbk Return-on-Tangible-Equity Calculation

PT Hanjaya Mandalampoerna 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 )
=6609456/( (28296004+28290341 )/ 2 )
=6609456/28293172.5
=23.36 %

PT Hanjaya Mandalampoerna 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 )
=8224676/( (28290341+30366500)/ 2 )
=8224676/29328420.5
=28.04 %

* 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 28.04% mean?
PT Hanjaya Mandalampoerna Tbk (ISX:HMSP) has a Return-on-Tangible-Equity of 28.04% 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 Hanjaya Mandalampoerna Tbk and its competitors. This is near median its historical median of 27.02. Over the past decade, PT Hanjaya Mandalampoerna Tbk's Return-on-Tangible-Equity has ranged from 22.10 to 39.04. According to the industry distribution chart, PT Hanjaya Mandalampoerna Tbk ranks #23 out of 44 companies in the Tobacco Products industry, placing it in the top 52.3%.
Is PT Hanjaya Mandalampoerna Tbk's Return-on-Tangible-Equity too high?
PT Hanjaya Mandalampoerna Tbk's current Return-on-Tangible-Equity of 28.04% is near median its 10-year median of 27.02. Over the past 10 years, this metric has ranged from a low of 22.10 to a high of 39.04. The Tobacco Products industry median Return-on-Tangible-Equity is 25.40. PT Hanjaya Mandalampoerna Tbk's value of 28.04% is 10.4% above this industry median. Based on the distribution chart, PT Hanjaya Mandalampoerna Tbk ranks #23 out of 44 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, PT Hanjaya Mandalampoerna Tbk has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Hanjaya Mandalampoerna Tbk's Return-on-Tangible-Equity compare to PM and MO?
According to the Tobacco Products industry distribution chart, PT Hanjaya Mandalampoerna Tbk ranks #23 out of 44 companies for Return-on-Tangible-Equity. This places PT Hanjaya Mandalampoerna Tbk in the lower half of its industry. The industry median Return-on-Tangible-Equity is 25.40. PT Hanjaya Mandalampoerna Tbk's value of 28.04% is 10.4% above this benchmark. Historically, PT Hanjaya Mandalampoerna Tbk's own Return-on-Tangible-Equity has ranged from 22.10 to 39.04 over the past decade. While the company's 10-year median is 27.02 vs. the industry median of 25.40, PT Hanjaya Mandalampoerna 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 Tobacco Products company?
The median Return-on-Tangible-Equity among Tobacco Products companies is 25.40, based on 44 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 Hanjaya Mandalampoerna Tbk's current Return-on-Tangible-Equity of 28.04% is 10.4% 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 Hanjaya Mandalampoerna Tbk and its competitors. For the Tobacco Products industry, the median Return-on-Tangible-Equity is 25.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Hanjaya Mandalampoerna Tbk's current Return-on-Tangible-Equity is 28.04%, which is near median its own 10-year median of 27.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Hanjaya Mandalampoerna Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Hanjaya Mandalampoerna Tbk (ISX:HMSP) is currently considered Fairly Valued. The stock's GF Value™ is Rp735.05, compared to a current price of Rp680.00 — trading 7.5% below its estimated fair value. The current Return-on-Tangible-Equity is 28.04%, which is near median its 10-year median of 27.02 and 10.4% above the Tobacco Products industry median of 25.40. PT Hanjaya Mandalampoerna Tbk's overall GF Score™ is 88/100 with 5 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 Hanjaya Mandalampoerna Tbk (ISX:HMSP), the current Return-on-Tangible-Equity is 28.04% 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 Hanjaya Mandalampoerna Tbk (ISX:HMSP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Hanjaya Mandalampoerna Tbk stock appears to be undervalued. The current stock price of Rp680.00 is trading 7.5% below its estimated GF Value™ of Rp735.05. GuruFocus considers PT Hanjaya Mandalampoerna Tbk to be Fairly Valued.

Key valuation signals for ISX:HMSP:

  • Return-on-Tangible-Equity: 28.04% (near median its 10-year median of 27.02)
  • GF Value™: Rp735.05 vs. price of Rp680.00 (7.5% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 10.4% above the Tobacco Products median (#23 of 44)

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


PT Hanjaya Mandalampoerna Tbk Business Description

Other Exchanges PHJMF:USAHSZ:Germany
Address Jalan Rungkut Industri Raya No. 18, Surabaya, IDN, 60293
PT Hanjaya Mandala Sampoerna Tbk is an Indonesian tobacco company. The company produces a number of brands of cigarettes and is well known, such as Sampoerna A, Sampoerna Kretek, Malboro, Magnum, Dji Sam Soe, and others. The scope of activities of the company comprises, among others manufacturing, trading, and distributing cigarettes. The company's flagship brand is Dji Sam Soe Kretek.
88GF Score

Get the complete analysis for ISX:HMSP

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

Rp680.00
Price
Rp735.05
GF Value