PT Multi Spunindo Jaya TbkISX:MSJA -2.90%36 Return-on-Tangible-Equity is 5.27% as of Mar. 2026, which is 43% below its 10-year median of 9.23. GuruFocus rates ISX:MSJA with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, PT Multi Spunindo Jaya Tbk ranks better than 63.87% 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 Multi Spunindo Jaya Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp74,557 Mil. PT Multi Spunindo Jaya Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp1,414,301 Mil. Therefore, PT Multi Spunindo Jaya Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.27%.
The historical rank and industry rank for PT Multi Spunindo Jaya Tbk's Return-on-Tangible-Equity or its related term are showing as below:
ISX:MSJA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.88 Med: 9.23 Max: 24.63
Current: 7.8
During the past 6 years, PT Multi Spunindo Jaya Tbk's highest Return-on-Tangible-Equity was 24.63%. The lowest was 6.88%. And the median was 9.23%.
ISX:MSJA's Return-on-Tangible-Equity is ranked better than 63.87% of 1013
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs ISX:MSJA: 7.80
PT Multi Spunindo Jaya Tbk (ISX:MSJA) 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 Multi Spunindo Jaya Tbk Return-on-Tangible-Equity Related Terms
PT Multi Spunindo Jaya 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.
PT Multi Spunindo Jaya Tbk Return-on-Tangible-Equity Chart
PT Multi Spunindo Jaya Tbk Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, PT Multi Spunindo Jaya 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 Multi Spunindo Jaya Tbk Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Multi Spunindo Jaya Tbk's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PT Multi Spunindo Jaya 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 5.27% mean?
PT Multi Spunindo Jaya Tbk (ISX:MSJA) has a Return-on-Tangible-Equity of 5.27% 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 Multi Spunindo Jaya Tbk and its competitors. This is 43% below median its historical median of 9.23. Over the past decade, PT Multi Spunindo Jaya Tbk's Return-on-Tangible-Equity has ranged from 6.88 to 24.63. According to the industry distribution chart, PT Multi Spunindo Jaya Tbk ranks #366 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 36.1%.
Is PT Multi Spunindo Jaya Tbk's Return-on-Tangible-Equity too high?
PT Multi Spunindo Jaya Tbk's current Return-on-Tangible-Equity of 5.27% is 43% below median its 10-year median of 9.23. Over the past 10 years, this metric has ranged from a low of 6.88 to a high of 24.63. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. PT Multi Spunindo Jaya Tbk's value of 5.27% is 19% above this industry median. Based on the distribution chart, PT Multi Spunindo Jaya Tbk ranks #366 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, PT Multi Spunindo Jaya Tbk has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does PT Multi Spunindo Jaya Tbk's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Multi Spunindo Jaya Tbk ranks #366 out of 1013 companies for Return-on-Tangible-Equity. This puts PT Multi Spunindo Jaya Tbk in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. PT Multi Spunindo Jaya Tbk's value of 5.27% is 19% above this benchmark. Historically, PT Multi Spunindo Jaya Tbk's own Return-on-Tangible-Equity has ranged from 6.88 to 24.63 over the past decade. While the company's 10-year median is 9.23 vs. the industry median of 4.43, PT Multi Spunindo Jaya 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,013 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 Multi Spunindo Jaya Tbk's current Return-on-Tangible-Equity of 5.27% is 19% 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 Multi Spunindo Jaya 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 Multi Spunindo Jaya Tbk's current Return-on-Tangible-Equity is 5.27%, which is 43% below median its own 10-year median of 9.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Spunindo Jaya Tbk stock overvalued right now?
PT Multi Spunindo Jaya Tbk (ISX:MSJA) has a current Return-on-Tangible-Equity of 5.27%. The current Return-on-Tangible-Equity is 5.27%, which is 43% below median its 10-year median of 9.23 and 19% above the Manufacturing - Apparel & Accessories industry median of 4.43. PT Multi Spunindo Jaya Tbk's overall GF Score™ is 36/100 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 Multi Spunindo Jaya Tbk (ISX:MSJA), the current Return-on-Tangible-Equity is 5.27% 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.
PT Multi Spunindo Jaya Tbk is engaged in nonwoven industry on a business to business (B2B) basis. It produces nonwoven sheet products which are then used as a raw material for finished products in various sectors starting from the health sector (sanitary napkins, diapers, masks, and others) to the construction and agricultural sectors. It has two segments Local and Export. Geographically, it operates in Indonesia.
36GF Score
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