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PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) Return-on-Tangible-Equity : -47.77% (As of Jun. 2024)


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What is PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk's annualized net income for the quarter that ended in Jun. 2024 was Rp-68,281 Mil. PT Minna Padi Investama Sekuritas Tbk's average shareholder tangible equity for the quarter that ended in Jun. 2024 was Rp142,946 Mil. Therefore, PT Minna Padi Investama Sekuritas Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was -47.77%.

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

ISX:PADI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -25.04   Med: -7.86   Max: 10.9
Current: -24.33

During the past 13 years, PT Minna Padi Investama Sekuritas Tbk's highest Return-on-Tangible-Equity was 10.90%. The lowest was -25.04%. And the median was -7.86%.

ISX:PADI's Return-on-Tangible-Equity is ranked worse than
91.87% of 1686 companies
in the Asset Management industry
Industry Median: 5.955 vs ISX:PADI: -24.33

PT Minna Padi Investama Sekuritas Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk Return-on-Tangible-Equity Chart

PT Minna Padi Investama Sekuritas 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 -25.04 -22.60 -20.99 -21.65 -13.56

PT Minna Padi Investama Sekuritas Tbk Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -30.14 11.51 -30.72 -34.98 -47.77

Competitive Comparison of PT Minna Padi Investama Sekuritas Tbk's Return-on-Tangible-Equity

For the Asset Management subindustry, PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Minna Padi Investama Sekuritas Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Minna Padi Investama Sekuritas Tbk's Return-on-Tangible-Equity falls into.



PT Minna Padi Investama Sekuritas Tbk Return-on-Tangible-Equity Calculation

PT Minna Padi Investama Sekuritas 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 )
=-24312.524/( (192784.54+165783.505 )/ 2 )
=-24312.524/179284.0225
=-13.56 %

PT Minna Padi Investama Sekuritas Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=-68281.28/( (151912.418+133980.418)/ 2 )
=-68281.28/142946.418
=-47.77 %

* 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 (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


PT Minna Padi Investama Sekuritas Tbk  (ISX:PADI) 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 Minna Padi Investama Sekuritas Tbk Return-on-Tangible-Equity Related Terms

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PT Minna Padi Investama Sekuritas Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Sudirman Kav. 52-53, Equity Tower 11th floor, SCBD Lot 9, South Jakarta, IDN, 12190
PT Minna Padi Investama Sekuritas Tbk is engaged in managing public funds with the of obtaining optimal investment returns. In managing public funds, the company offers a variety of quality products and services, such as Mutual Funds, which are investment instruments intended not only for large capital owners but also accessible to the general public. It also provides Brokerage and Underwriting services.

PT Minna Padi Investama Sekuritas Tbk Headlines

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