PT Pam Mineral Tbk (ISX:NICL) Return-on-Tangible-Equity: 57.14% (As of Mar. 2026) — 53% Above Median

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ISX:NICL PT Pam Mineral Tbk ISX:NICL
88 GF Score
Price Rp525.00
GF Value Rp297.46
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is PT Pam Mineral Tbk Return-on-Tangible-Equity?

PT Pam Mineral Tbk ISX:NICL +1.94% 88 Return-on-Tangible-Equity is 57.14% as of Mar. 2026, which is 53% above its 10-year median of 37.43. GuruFocus rates ISX:NICL with a GF Score™ of 88/100 and a GF Value™ of Rp297.46 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,381 Metals & Mining companies, PT Pam Mineral Tbk ranks better than 91.52% 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 Pam Mineral Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp474,265 Mil. PT Pam Mineral Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp829,971 Mil. Therefore, PT Pam Mineral Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 57.14%.

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

ISX:NICL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.34   Med: 37.43   Max: 216.03
Current: 30.03

During the past 9 years, PT Pam Mineral Tbk's highest Return-on-Tangible-Equity was 216.03%. The lowest was 4.34%. And the median was 37.43%.

ISX:NICL's Return-on-Tangible-Equity is ranked better than
91.52% of 2381 companies
in the Metals & Mining industry
Industry Median: -16.41 vs ISX:NICL: 30.03

PT Pam Mineral Tbk  (ISX:NICL) 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 Pam Mineral Tbk Return-on-Tangible-Equity Related Terms


PT Pam Mineral Tbk Return-on-Tangible-Equity Historical Data

* Premium members only.

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

PT Pam Mineral Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 20.04 35.53 4.34 39.32 41.91

PT Pam Mineral 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 79.55 65.55 19.60 -28.26 57.14

PT Pam Mineral Tbk Return-on-Tangible-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Pam Mineral 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 Pam Mineral Tbk Return-on-Tangible-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Pam Mineral Tbk's Return-on-Tangible-Equity distribution charts can be found below:

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


ISX:NICL
88GF Score
PT Pam Mineral Tbk ISX:NICL
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Pam Mineral Tbk Return-on-Tangible-Equity Calculation

PT Pam Mineral 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 )
=344454.664/( (873296.835+770676.11 )/ 2 )
=344454.664/821986.4725
=41.91 %

PT Pam Mineral 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 )
=474264.692/( (770676.11+889266.447)/ 2 )
=474264.692/829971.2785
=57.14 %

* 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 57.14% mean?
PT Pam Mineral Tbk (ISX:NICL) has a Return-on-Tangible-Equity of 57.14% 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 Pam Mineral Tbk and its competitors. This is 53% above median its historical median of 37.43. Over the past decade, PT Pam Mineral Tbk's Return-on-Tangible-Equity has ranged from 4.34 to 216.03. According to the industry distribution chart, PT Pam Mineral Tbk ranks #202 out of 2381 companies in the Metals & Mining industry, placing it in the top 8.5%.
Is PT Pam Mineral Tbk's Return-on-Tangible-Equity too high?
PT Pam Mineral Tbk's current Return-on-Tangible-Equity of 57.14% is 53% above median its 10-year median of 37.43. Over the past 10 years, this metric has ranged from a low of 4.34 to a high of 216.03. Based on the distribution chart, PT Pam Mineral Tbk ranks #202 out of 2381 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, PT Pam Mineral Tbk has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Pam Mineral Tbk's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, PT Pam Mineral Tbk ranks #202 out of 2381 companies for Return-on-Tangible-Equity. This places PT Pam Mineral Tbk in the top 9% of its industry — outperforming the majority of peers. Historically, PT Pam Mineral Tbk's own Return-on-Tangible-Equity has ranged from 4.34 to 216.03 over the past decade. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. 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 Pam Mineral Tbk and its competitors. PT Pam Mineral Tbk's current Return-on-Tangible-Equity is 57.14%, which is 53% above median its own 10-year median of 37.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pam Mineral Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pam Mineral Tbk (ISX:NICL) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp297.46, compared to a current price of Rp525.00 — trading 76.5% above its estimated fair value. The current Return-on-Tangible-Equity is 57.14%, which is 53% above median its 10-year median of 37.43. PT Pam Mineral Tbk's overall GF Score™ is 88/100 with 2 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 Pam Mineral Tbk (ISX:NICL), the current Return-on-Tangible-Equity is 57.14% 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 Pam Mineral Tbk (ISX:NICL) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pam Mineral Tbk stock appears to be overvalued. The current stock price of Rp525.00 is trading 76.5% above its estimated GF Value™ of Rp297.46. GuruFocus considers PT Pam Mineral Tbk to be Significantly Overvalued.

Key valuation signals for ISX:NICL:

  • Return-on-Tangible-Equity: 57.14% (53% above median its 10-year median of 37.43)
  • GF Value™: Rp297.46 vs. price of Rp525.00 (76.5% above fair value)
  • GF Score™: 88/100 with 2 warning signs

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


PT Pam Mineral Tbk Business Description

Address Jl. Batu Jajar, No. 37, Kebon Kelapa Subdistrict, Gambir District, Jakarta Pusat, Jakarta, IDN, 10120
PT Pam Mineral Tbk is involved in the extraction of nickel minerals, either directly or through its subsidiaries, with a particular focus on nickel ore. The Group only has one reporting segment, which is the nickel ore sales segment. Geographically, it operates in single segment that is domestic regions of Indonesia.
88GF Score

Get the complete analysis for ISX:NICL

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

Rp525.00
Price
Rp297.46
GF Value