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PT Modernland Realty Tbk (ISX:MDLN) Return-on-Tangible-Equity : -31.61% (As of Mar. 2024)


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What is PT Modernland Realty 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 Modernland Realty Tbk's annualized net income for the quarter that ended in Mar. 2024 was Rp-1,080,252 Mil. PT Modernland Realty Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2024 was Rp3,416,991 Mil. Therefore, PT Modernland Realty Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -31.61%.

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

ISX:MDLN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -41.55   Med: 0.51   Max: 19.5
Current: -15.81

During the past 13 years, PT Modernland Realty Tbk's highest Return-on-Tangible-Equity was 19.50%. The lowest was -41.55%. And the median was 0.51%.

ISX:MDLN's Return-on-Tangible-Equity is ranked worse than
87.34% of 1761 companies
in the Real Estate industry
Industry Median: 2.8 vs ISX:MDLN: -15.81

PT Modernland Realty Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Modernland Realty 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 Modernland Realty Tbk Return-on-Tangible-Equity Chart

PT Modernland Realty 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 -2.12 -41.55 -1.16 0.56 -2.83

PT Modernland Realty 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 20.98 -10.95 -17.08 -4.33 -31.61

Competitive Comparison of PT Modernland Realty Tbk's Return-on-Tangible-Equity

For the Real Estate - Development subindustry, PT Modernland Realty 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 Modernland Realty Tbk's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Modernland Realty Tbk's Return-on-Tangible-Equity distribution charts can be found below:

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



PT Modernland Realty Tbk Return-on-Tangible-Equity Calculation

PT Modernland Realty 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 )
=-101974.457/( (3654840.58+3546500.485 )/ 2 )
=-101974.457/3600670.5325
=-2.83 %

PT Modernland Realty 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 )
=-1080252.436/( (3546500.485+3287481.751)/ 2 )
=-1080252.436/3416991.118
=-31.61 %

* 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 Modernland Realty Tbk  (ISX:MDLN) 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 Modernland Realty Tbk Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of PT Modernland Realty Tbk's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Modernland Realty Tbk (ISX:MDLN) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Gajah Mada No. 188, Commercial Area, 5th Floor, Green Central City, Jakarta Barat, Jakarta, IDN, 11120
PT Modernland Realty Tbk is engaged in property development of residential housing, industrial areas, warehousing, and apartments; management of the hotel and office buildings; the panel manufacturing industry; golf-course services and management; and investment in property, facilities, and infrastructure. The company's segment comprises Residential, Industrial and Hospitality. The majority of its revenue gets derived from the Residential segment.

PT Modernland Realty Tbk (ISX:MDLN) Headlines

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