PT Nusa Raya Cipta Tbk (ISX:NRCA) Return-on-Tangible-Equity: 11.51% (As of Mar. 2026) — 39% Above Median

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ISX:NRCA PT Nusa Raya Cipta Tbk ISX:NRCA
86 GF Score
Price Rp496.00
GF Value Rp444.33
Valuation Modestly Overvalued
! 6 Warning Signs
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What is PT Nusa Raya Cipta Tbk Return-on-Tangible-Equity?

PT Nusa Raya Cipta Tbk ISX:NRCA +4.64% 86 Return-on-Tangible-Equity is 11.51% as of Mar. 2026, which is 39% above its 10-year median of 8.31. GuruFocus rates ISX:NRCA with a GF Score™ of 86/100 and a GF Value™ of Rp444.33 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,710 Construction companies, PT Nusa Raya Cipta Tbk ranks better than 64.97% 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 Nusa Raya Cipta Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp159,609 Mil. PT Nusa Raya Cipta Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp1,386,531 Mil. Therefore, PT Nusa Raya Cipta Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.51%.

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

ISX:NRCA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.45   Med: 8.31   Max: 13.65
Current: 13.13

During the past 13 years, PT Nusa Raya Cipta Tbk's highest Return-on-Tangible-Equity was 13.65%. The lowest was 4.45%. And the median was 8.31%.

ISX:NRCA's Return-on-Tangible-Equity is ranked better than
64.97% of 1710 companies
in the Construction industry
Industry Median: 8.2 vs ISX:NRCA: 13.13

PT Nusa Raya Cipta Tbk  (ISX:NRCA) 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 Nusa Raya Cipta Tbk Return-on-Tangible-Equity Related Terms


PT Nusa Raya Cipta Tbk Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for PT Nusa Raya Cipta 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 Nusa Raya Cipta Tbk Return-on-Tangible-Equity Chart

PT Nusa Raya Cipta 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 4.45 6.30 8.29 6.79 13.65

PT Nusa Raya Cipta 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 13.71 11.15 24.69 5.64 11.51

ISX:NRCA vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, PT Nusa Raya Cipta 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 Nusa Raya Cipta Tbk Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, PT Nusa Raya Cipta Tbk's Return-on-Tangible-Equity distribution charts can be found below:

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


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

PT Nusa Raya Cipta 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 )
=175524.376/( (1204355.862+1366579.539 )/ 2 )
=175524.376/1285467.7005
=13.65 %

PT Nusa Raya Cipta 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 )
=159609.46/( (1366579.539+1406481.905)/ 2 )
=159609.46/1386530.722
=11.51 %

* 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 11.51% mean?
PT Nusa Raya Cipta Tbk (ISX:NRCA) has a Return-on-Tangible-Equity of 11.51% 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 Nusa Raya Cipta Tbk and its competitors. This is 39% above median its historical median of 8.31. Over the past decade, PT Nusa Raya Cipta Tbk's Return-on-Tangible-Equity has ranged from 4.45 to 13.65. According to the industry distribution chart, PT Nusa Raya Cipta Tbk ranks #599 out of 1710 companies in the Construction industry, placing it in the top 35%.
Is PT Nusa Raya Cipta Tbk's Return-on-Tangible-Equity too high?
PT Nusa Raya Cipta Tbk's current Return-on-Tangible-Equity of 11.51% is 39% above median its 10-year median of 8.31. Over the past 10 years, this metric has ranged from a low of 4.45 to a high of 13.65. The Construction industry median Return-on-Tangible-Equity is 8.20. PT Nusa Raya Cipta Tbk's value of 11.51% is 40.4% above this industry median. Based on the distribution chart, PT Nusa Raya Cipta Tbk ranks #599 out of 1710 companies in the Construction industry, which is above the industry midpoint. Overall, PT Nusa Raya Cipta Tbk has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Nusa Raya Cipta Tbk's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, PT Nusa Raya Cipta Tbk ranks #599 out of 1710 companies for Return-on-Tangible-Equity. This puts PT Nusa Raya Cipta Tbk in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.20. PT Nusa Raya Cipta Tbk's value of 11.51% is 40.4% above this benchmark. Historically, PT Nusa Raya Cipta Tbk's own Return-on-Tangible-Equity has ranged from 4.45 to 13.65 over the past decade. While the company's 10-year median is 8.31 vs. the industry median of 8.20, PT Nusa Raya Cipta 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.20, based on 1,710 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 Nusa Raya Cipta Tbk's current Return-on-Tangible-Equity of 11.51% is 40.4% 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 Nusa Raya Cipta Tbk and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Nusa Raya Cipta Tbk's current Return-on-Tangible-Equity is 11.51%, which is 39% above median its own 10-year median of 8.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Nusa Raya Cipta Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Nusa Raya Cipta Tbk (ISX:NRCA) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp444.33, compared to a current price of Rp496.00 — trading 11.6% above its estimated fair value. The current Return-on-Tangible-Equity is 11.51%, which is 39% above median its 10-year median of 8.31 and 40.4% above the Construction industry median of 8.20. PT Nusa Raya Cipta Tbk's overall GF Score™ is 86/100 with 6 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 Nusa Raya Cipta Tbk (ISX:NRCA), the current Return-on-Tangible-Equity is 11.51% 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 Nusa Raya Cipta Tbk (ISX:NRCA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Nusa Raya Cipta Tbk stock appears to be overvalued. The current stock price of Rp496.00 is trading 11.6% above its estimated GF Value™ of Rp444.33. GuruFocus considers PT Nusa Raya Cipta Tbk to be Modestly Overvalued.

Key valuation signals for ISX:NRCA:

  • Return-on-Tangible-Equity: 11.51% (39% above median its 10-year median of 8.31)
  • GF Value™: Rp444.33 vs. price of Rp496.00 (11.6% above fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 40.4% above the Construction median (#599 of 1710)

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


PT Nusa Raya Cipta Tbk Business Description

Address Jalan D. I. Panjaitan Number 40, Graha Cipta Building Lantai 2, Jakarta, IDN, 13350
PT Nusa Raya Cipta Tbk is an Indonesian-based company engaged in construction services. The company's project comprises the construction of hotels and resorts, office buildings, apartments, hospitals, malls, shopping centers, and factories. It operates in two business segments: the Building Construction segment, which generates key revenue for the company, and the Hotel and similar business segment. The company conducts its business in multiple locations based on regional offices, namely Jakarta, Denpasar, Semarang, Surabaya, and Medan.
86GF Score

Get the complete analysis for ISX:NRCA

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

Rp496.00
Price
Rp444.33
GF Value