Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
PT Indo-Rama Synthetics TbkISX:INDR 64 Return-on-Tangible-Equity is -6.36% as of Mar. 2026. GuruFocus rates ISX:INDR with a GF Score™ of 64/100 and a GF Value™ of Rp3,023.74 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,014 Manufacturing - Apparel & Accessories companies, PT Indo-Rama Synthetics Tbk ranks worse than 81.16% 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 Indo-Rama Synthetics Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp-397,975 Mil. PT Indo-Rama Synthetics Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp6,258,154 Mil. Therefore, PT Indo-Rama Synthetics Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -6.36%.
The historical rank and industry rank for PT Indo-Rama Synthetics Tbk's Return-on-Tangible-Equity or its related term are showing as below:
ISX:INDR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.31 Med: 1.12 Max: 20.33
Current: -4.87
During the past 13 years, PT Indo-Rama Synthetics Tbk's highest Return-on-Tangible-Equity was 20.33%. The lowest was -9.31%. And the median was 1.12%.
ISX:INDR's Return-on-Tangible-Equity is ranked worse than 81.16% of 1014
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs ISX:INDR: -4.87
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 Indo-Rama Synthetics Tbk Return-on-Tangible-Equity Related Terms
PT Indo-Rama Synthetics Tbk Return-on-Tangible-Equity Historical Data
* 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.
For the Textile Manufacturing subindustry, PT Indo-Rama Synthetics 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 Indo-Rama Synthetics Tbk Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Indo-Rama Synthetics Tbk's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PT Indo-Rama Synthetics Tbk's Return-on-Tangible-Equity falls into.
* 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 -6.36% mean?
PT Indo-Rama Synthetics Tbk (ISX:INDR) has a Return-on-Tangible-Equity of -6.36% 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 Indo-Rama Synthetics Tbk and its competitors. According to the industry distribution chart, PT Indo-Rama Synthetics Tbk ranks #823 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 81.2%.
Is PT Indo-Rama Synthetics Tbk's Return-on-Tangible-Equity too high?
PT Indo-Rama Synthetics Tbk's current Return-on-Tangible-Equity is -6.36%. Based on the distribution chart, PT Indo-Rama Synthetics Tbk ranks #823 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, PT Indo-Rama Synthetics Tbk has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Indo-Rama Synthetics Tbk's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Indo-Rama Synthetics Tbk ranks #823 out of 1014 companies for Return-on-Tangible-Equity. This places PT Indo-Rama Synthetics Tbk in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.43. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,014 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. 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 Indo-Rama Synthetics Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indo-Rama Synthetics Tbk's current Return-on-Tangible-Equity is -6.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo-Rama Synthetics Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo-Rama Synthetics Tbk (ISX:INDR) is currently considered Possible Value Trap. The stock's GF Value™ is Rp3,023.74, compared to a current price of Rp2,030.00 — trading 32.9% below its estimated fair value. The current Return-on-Tangible-Equity is -6.36%. PT Indo-Rama Synthetics Tbk's overall GF Score™ is 64/100 with 4 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 Indo-Rama Synthetics Tbk (ISX:INDR), the current Return-on-Tangible-Equity is -6.36% 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 Indo-Rama Synthetics Tbk (ISX:INDR) Overvalued in 2026?
Based on GuruFocus' analysis, PT Indo-Rama Synthetics Tbk stock appears to be undervalued.
The current stock price of Rp2,030.00 is trading 32.9% below its estimated GF Value™ of Rp3,023.74.
GuruFocus considers PT Indo-Rama Synthetics Tbk to be Possible Value Trap.
Key valuation signals for ISX:INDR:
Return-on-Tangible-Equity: -6.36%
GF Value™: Rp3,023.74 vs. price of Rp2,030.00 (32.9% below fair value)
No single metric tells the full story. See the ISX:INDR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Indo-Rama Synthetics Tbk is engaged in operation of cotton spinning mill in Purwakarta. It has expanded its Spun Yarns business and diversified into manufacturing of Polyester Filament Yarns, Polyester Staple Fibers, PET Resin, Polyester Chips, and Polyester Filament Fabrics production for all markets, with manufacturing plants located in Purwakarta, and Campaka in Indonesia, and through its indirect subsidiaries, in Uzbekistan and Turkey. Its segment includes Spun yarns manufactures spun yarns and sewing thread; Polyester manufactures polyester filament yarns, polyester staple fibre, textile chips, polyester filament fabrics and pet resin; Minerals, is engaged in gold and coal mining; and Others is engaged in trading, investment, mining and other activities.
64GF Score
Get the complete analysis for ISX:INDR
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:INDR has been successfully added to your 
