PT Mulia Boga Raya Tbk (ISX:KEJU) Return-on-Tangible-Equity: 22.77% (As of Jun. 2026) — 16% Above Median

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ISX:KEJU PT Mulia Boga Raya Tbk ISX:KEJU
86 GF Score
Price Rp565.00
GF Value Rp654.61
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Mulia Boga Raya Tbk Return-on-Tangible-Equity?

PT Mulia Boga Raya Tbk ISX:KEJU -5.04% 86 Return-on-Tangible-Equity is 22.77% as of Jun. 2026, which is 16% above its 10-year median of 19.65. GuruFocus rates ISX:KEJU with a GF Score™ of 86/100 and a GF Value™ of Rp654.61 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,884 Consumer Packaged Goods companies, PT Mulia Boga Raya Tbk ranks better than 83.12% 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 Mulia Boga Raya Tbk's annualized net income for the quarter that ended in Jun. 2026 was Rp199,375 Mil. PT Mulia Boga Raya Tbk's average shareholder tangible equity for the quarter that ended in Jun. 2026 was Rp875,444 Mil. Therefore, PT Mulia Boga Raya Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 22.77%.

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

ISX:KEJU' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.1   Med: 19.65   Max: 28.19
Current: 23.21

During the past 10 years, PT Mulia Boga Raya Tbk's highest Return-on-Tangible-Equity was 28.19%. The lowest was 9.10%. And the median was 19.65%.

ISX:KEJU's Return-on-Tangible-Equity is ranked better than
83.12% of 1884 companies
in the Consumer Packaged Goods industry
Industry Median: 8.015 vs ISX:KEJU: 23.21

PT Mulia Boga Raya Tbk  (ISX:KEJU) 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 Mulia Boga Raya Tbk Return-on-Tangible-Equity Related Terms


PT Mulia Boga Raya Tbk Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for PT Mulia Boga Raya 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 Mulia Boga Raya Tbk Return-on-Tangible-Equity Chart

PT Mulia Boga Raya 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 28.19 18.21 11.69 20.82 22.64

PT Mulia Boga Raya Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 18.48 28.70 15.22 25.55 22.77

ISX:KEJU vs KHC, GIS: Return-on-Tangible-Equity Comparison

For the Packaged Foods subindustry, PT Mulia Boga Raya 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 Mulia Boga Raya Tbk Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Mulia Boga Raya Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Mulia Boga Raya Tbk's Return-on-Tangible-Equity falls into.


ISX:KEJU
86GF Score
PT Mulia Boga Raya Tbk ISX:KEJU
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Mulia Boga Raya Tbk Return-on-Tangible-Equity Calculation

PT Mulia Boga Raya 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 )
=179446.799/( (739867.729+845087.435 )/ 2 )
=179446.799/792477.582
=22.64 %

PT Mulia Boga Raya Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=199375.084/( (897713.266+853174.481)/ 2 )
=199375.084/875443.8735
=22.77 %

* 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 (Jun. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 22.77% mean?
PT Mulia Boga Raya Tbk (ISX:KEJU) has a Return-on-Tangible-Equity of 22.77% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on PT Mulia Boga Raya Tbk and its competitors. This is 16% above median its historical median of 19.65. Over the past decade, PT Mulia Boga Raya Tbk's Return-on-Tangible-Equity has ranged from 9.10 to 28.19. According to the industry distribution chart, PT Mulia Boga Raya Tbk ranks #318 out of 1884 companies in the Consumer Packaged Goods industry, placing it in the top 16.9%.
Is PT Mulia Boga Raya Tbk's Return-on-Tangible-Equity too high?
PT Mulia Boga Raya Tbk's current Return-on-Tangible-Equity of 22.77% is 16% above median its 10-year median of 19.65. Over the past 10 years, this metric has ranged from a low of 9.10 to a high of 28.19. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 8.02. PT Mulia Boga Raya Tbk's value of 22.77% is 184.1% above this industry median. Based on the distribution chart, PT Mulia Boga Raya Tbk ranks #318 out of 1884 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PT Mulia Boga Raya Tbk has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mulia Boga Raya Tbk's Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Mulia Boga Raya Tbk ranks #318 out of 1884 companies for Return-on-Tangible-Equity. This places PT Mulia Boga Raya Tbk in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.02. PT Mulia Boga Raya Tbk's value of 22.77% is 184.1% above this benchmark. Historically, PT Mulia Boga Raya Tbk's own Return-on-Tangible-Equity has ranged from 9.10 to 28.19 over the past decade. While the company's 10-year median is 19.65 vs. the industry median of 8.02, PT Mulia Boga Raya 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 8.02, based on 1,884 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 Mulia Boga Raya Tbk's current Return-on-Tangible-Equity of 22.77% is 184.1% 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 Mulia Boga Raya Tbk and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 8.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mulia Boga Raya Tbk's current Return-on-Tangible-Equity is 22.77%, which is 16% above median its own 10-year median of 19.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mulia Boga Raya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mulia Boga Raya Tbk (ISX:KEJU) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp654.61, compared to a current price of Rp565.00 — trading 13.7% below its estimated fair value. The current Return-on-Tangible-Equity is 22.77%, which is 16% above median its 10-year median of 19.65 and 184.1% above the Consumer Packaged Goods industry median of 8.02. PT Mulia Boga Raya Tbk's overall GF Score™ is 86/100 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 Mulia Boga Raya Tbk (ISX:KEJU), the current Return-on-Tangible-Equity is 22.77% as of Jun. 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 Mulia Boga Raya Tbk (ISX:KEJU) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mulia Boga Raya Tbk stock appears to be undervalued. The current stock price of Rp565.00 is trading 13.7% below its estimated GF Value™ of Rp654.61. GuruFocus considers PT Mulia Boga Raya Tbk to be Modestly Undervalued.

Key valuation signals for ISX:KEJU:

  • Return-on-Tangible-Equity: 22.77% (16% above median its 10-year median of 19.65)
  • GF Value™: Rp654.61 vs. price of Rp565.00 (13.7% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 184.1% above the Consumer Packaged Goods median (#318 of 1884)

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


PT Mulia Boga Raya Tbk Business Description

Address Jl. Inti Raya II, Blok C.7 No. 5-A, Cibatu Cikarang Selatan, Bekasi, IDN, 11610
PT Mulia Boga Raya Tbk is a manufacturer and marketer of various types of cheese products. Its products portfolio includes Prochiz Premium Cheddar, Prochiz Cheddar Slice, Prochiz Gold Cheddar, Prochiz Gold Cheddar, Prochiz Spready, Prochiz Quick Melt, Prochiz Mayo, Prochiz Cheese Snack etc. Its product-based segment comprises of block cheese, sliced cheese and others out of which block cheese derive majority revenue.
86GF Score

Get the complete analysis for ISX:KEJU

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

Rp565.00
Price
Rp654.61
GF Value