PT Multipolar Tbk (ISX:MLPL) Return-on-Tangible-Equity: 8.96% (As of Mar. 2026) — 6300% Above Median


ISX:MLPL PT Multipolar Tbk ISX:MLPL
65 GF Score
Price Rp79.00
GF Value Rp99.21
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is PT Multipolar Tbk Return-on-Tangible-Equity?

PT Multipolar Tbk ISX:MLPL +1.28% 65 Return-on-Tangible-Equity is 8.96% as of Mar. 2026, which is 6300% above its 10-year median of 0.14. GuruFocus rates ISX:MLPL with a GF Score™ of 65/100 and a GF Value™ of Rp99.21 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,058 Retail - Cyclical companies, PT Multipolar Tbk ranks worse than 77.88% 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 Multipolar Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp479,220 Mil. PT Multipolar Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp5,348,053 Mil. Therefore, PT Multipolar Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.96%.

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

ISX:MLPL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.81   Med: 0.14   Max: 5.62
Current: -0.83

During the past 13 years, PT Multipolar Tbk's highest Return-on-Tangible-Equity was 5.62%. The lowest was -20.81%. And the median was 0.14%.

ISX:MLPL's Return-on-Tangible-Equity is ranked worse than
77.88% of 1058 companies
in the Retail - Cyclical industry
Industry Median: 8.325 vs ISX:MLPL: -0.83

PT Multipolar Tbk  (ISX:MLPL) 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 Multipolar Tbk Return-on-Tangible-Equity Related Terms


PT Multipolar Tbk Return-on-Tangible-Equity Historical Data

* Premium members only.

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

PT Multipolar 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 5.62 3.73 4.11 3.35 -3.07

PT Multipolar 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 0.98 -11.27 0.68 -1.91 8.96

ISX:MLPL vs DDS, M: Return-on-Tangible-Equity Comparison

For the Department Stores subindustry, PT Multipolar 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 Multipolar Tbk Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Multipolar Tbk's Return-on-Tangible-Equity distribution charts can be found below:

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


ISX:MLPL
65GF Score
PT Multipolar Tbk ISX:MLPL
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Multipolar Tbk Return-on-Tangible-Equity Calculation

PT Multipolar 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 )
=-156435/( (4353865+5833748 )/ 2 )
=-156435/5093806.5
=-3.07 %

PT Multipolar 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 )
=479220/( (5833748+4862357)/ 2 )
=479220/5348052.5
=8.96 %

* 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 8.96% mean?
PT Multipolar Tbk (ISX:MLPL) has a Return-on-Tangible-Equity of 8.96% 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 Multipolar Tbk and its competitors. This is 6300% above median its historical median of 0.14. According to the industry distribution chart, PT Multipolar Tbk ranks #824 out of 1058 companies in the Retail - Cyclical industry, placing it in the top 77.9%.
Is PT Multipolar Tbk's Return-on-Tangible-Equity too high?
PT Multipolar Tbk's current Return-on-Tangible-Equity of 8.96% is 6300% above median its 10-year median of 0.14. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.33. PT Multipolar Tbk's value of 8.96% is 7.6% above this industry median. Based on the distribution chart, PT Multipolar Tbk ranks #824 out of 1058 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, PT Multipolar Tbk has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Multipolar Tbk's Return-on-Tangible-Equity compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, PT Multipolar Tbk ranks #824 out of 1058 companies for Return-on-Tangible-Equity. This places PT Multipolar Tbk in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.33. PT Multipolar Tbk's value of 8.96% is 7.6% above this benchmark. While the company's 10-year median is 0.14 vs. the industry median of 8.33, PT Multipolar 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.33, based on 1,058 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 Multipolar Tbk's current Return-on-Tangible-Equity of 8.96% is 7.6% 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 Multipolar Tbk and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multipolar Tbk's current Return-on-Tangible-Equity is 8.96%, which is 6300% above median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multipolar Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multipolar Tbk (ISX:MLPL) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp99.21, compared to a current price of Rp79.00 — trading 20.4% below its estimated fair value. The current Return-on-Tangible-Equity is 8.96%, which is 6300% above median its 10-year median of 0.14 and 7.6% above the Retail - Cyclical industry median of 8.33. PT Multipolar Tbk's overall GF Score™ is 65/100 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 Multipolar Tbk (ISX:MLPL), the current Return-on-Tangible-Equity is 8.96% 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 Multipolar Tbk (ISX:MLPL) Overvalued in 2026?

Based on GuruFocus' analysis, PT Multipolar Tbk stock appears to be undervalued. The current stock price of Rp79.00 is trading 20.4% below its estimated GF Value™ of Rp99.21. GuruFocus considers PT Multipolar Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MLPL:

  • Return-on-Tangible-Equity: 8.96% (6300% above median its 10-year median of 0.14)
  • GF Value™: Rp99.21 vs. price of Rp79.00 (20.4% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 7.6% above the Retail - Cyclical median (#824 of 1058)

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


PT Multipolar Tbk Business Description

Address Jalan Boulevard Palem Raya No. 7, Menara Matahari 20th-21st Floor, Lippo Karawaci, Banten, Tangerang, IDN, 15811
PT Multipolar Tbk is an investment holding company. The company is engaged in business scopes covering the telecommunication services, information technology industry, general trading including import, export, interinsulair, local and retail trading, property/real estate development, management services, renting spaces in buildings and investment. The company has three main business segments: Retail and Distribution, Information Technology, and Other Segments. The firm's key revenue is generated by the Retail and Distribution Segment.
65GF Score

Get the complete analysis for ISX:MLPL

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

Rp79.00
Price
Rp99.21
GF Value