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PT Hanjaya Mandalampoerna Tbk (ISX:HMSP) Return-on-Tangible-Equity : 29.05% (As of Mar. 2024)


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What is PT Hanjaya Mandalampoerna 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 Hanjaya Mandalampoerna Tbk's annualized net income for the quarter that ended in Mar. 2024 was Rp8,988,180 Mil. PT Hanjaya Mandalampoerna Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2024 was Rp30,942,629 Mil. Therefore, PT Hanjaya Mandalampoerna Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 29.05%.

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: 37.9   Max: 73.96
Current: 28.11

During the past 13 years, PT Hanjaya Mandalampoerna Tbk's highest Return-on-Tangible-Equity was 73.96%. The lowest was 22.10%. And the median was 37.90%.

ISX:HMSP's Return-on-Tangible-Equity is ranked better than
56.25% of 48 companies
in the Tobacco Products industry
Industry Median: 12.865 vs ISX:HMSP: 28.11

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

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.

* Premium members only.

PT Hanjaya Mandalampoerna Tbk Return-on-Tangible-Equity Chart

PT Hanjaya Mandalampoerna 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 38.70 26.08 24.07 22.10 27.96

PT Hanjaya Mandalampoerna 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 29.59 22.81 36.78 26.21 29.05

Competitive Comparison of PT Hanjaya Mandalampoerna Tbk's Return-on-Tangible-Equity

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's Return-on-Tangible-Equity Distribution in the 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.



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. 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 )
=8096811/( (28109745+29809430 )/ 2 )
=8096811/28959587.5
=27.96 %

PT Hanjaya Mandalampoerna 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 )
=8988180/( (29809430+32075828)/ 2 )
=8988180/30942629
=29.05 %

* 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 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

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PT Hanjaya Mandalampoerna Tbk (ISX:HMSP) Business Description

Traded in Other Exchanges
Address
Jalan Rungkut Industri Raya No. 18, Surabaya, IDN, 60293
PT Hanjaya Mandala Sampoerna Tbk is an Indonesian tobacco company. It produces a number of brands of cigarettes and is well known, such as Sampoerna A, Sampoerna Kretek, Sampoerna U, and Dji Sam Soe, the legendary King of Kretek. 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.

PT Hanjaya Mandalampoerna Tbk (ISX:HMSP) Headlines

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