PT Provident Investasi Bersama Tbk (ISX:PALM) Return-on-Tangible-Equity: 130.91% (As of Mar. 2026) — 3391% Above Median


ISX:PALM PT Provident Investasi Bersama Tbk ISX:PALM
49 GF Score
Price Rp290.00
GF Value Rp4,264.31
Valuation Possible Value Trap
! 6 Warning Signs
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What is PT Provident Investasi Bersama Tbk Return-on-Tangible-Equity?

PT Provident Investasi Bersama Tbk ISX:PALM +0.69% 49 Return-on-Tangible-Equity is 130.91% as of Mar. 2026, which is 3391% above its 10-year median of 3.75. GuruFocus rates ISX:PALM with a GF Score™ of 49/100 and a GF Value™ of Rp4,264.31 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,590 Asset Management companies, PT Provident Investasi Bersama Tbk ranks better than 96.92% 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 Provident Investasi Bersama Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp9,297,193 Mil. PT Provident Investasi Bersama Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp7,101,937 Mil. Therefore, PT Provident Investasi Bersama Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 130.91%.

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

ISX:PALM' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -80.35   Med: 3.75   Max: 101.31
Current: 101.31

During the past 13 years, PT Provident Investasi Bersama Tbk's highest Return-on-Tangible-Equity was 101.31%. The lowest was -80.35%. And the median was 3.75%.

ISX:PALM's Return-on-Tangible-Equity is ranked better than
96.92% of 1590 companies
in the Asset Management industry
Industry Median: 7.12 vs ISX:PALM: 101.31

PT Provident Investasi Bersama Tbk  (ISX:PALM) 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 Provident Investasi Bersama Tbk Return-on-Tangible-Equity Related Terms


PT Provident Investasi Bersama Tbk Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for PT Provident Investasi Bersama 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 Provident Investasi Bersama Tbk Return-on-Tangible-Equity Chart

PT Provident Investasi Bersama 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 41.63 4.13 -80.35 -60.52 36.82

PT Provident Investasi Bersama 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 -168.35 204.23 129.36 -19.46 130.91

ISX:PALM vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, PT Provident Investasi Bersama 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 Provident Investasi Bersama Tbk Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Provident Investasi Bersama Tbk's Return-on-Tangible-Equity distribution charts can be found below:

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


ISX:PALM
49GF Score
PT Provident Investasi Bersama Tbk ISX:PALM
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Provident Investasi Bersama Tbk Return-on-Tangible-Equity Calculation

PT Provident Investasi Bersama 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 )
=1847082.252/( (4092680.246+5939788.021 )/ 2 )
=1847082.252/5016234.1335
=36.82 %

PT Provident Investasi Bersama 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 )
=9297192.784/( (5939788.021+8264086.217)/ 2 )
=9297192.784/7101937.119
=130.91 %

* 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 130.91% mean?
PT Provident Investasi Bersama Tbk (ISX:PALM) has a Return-on-Tangible-Equity of 130.91% 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 Provident Investasi Bersama Tbk and its competitors. This is 3391% above median its historical median of 3.75. According to the industry distribution chart, PT Provident Investasi Bersama Tbk ranks #49 out of 1590 companies in the Asset Management industry, placing it in the top 3.1%.
Is PT Provident Investasi Bersama Tbk's Return-on-Tangible-Equity too high?
PT Provident Investasi Bersama Tbk's current Return-on-Tangible-Equity of 130.91% is 3391% above median its 10-year median of 3.75. The Asset Management industry median Return-on-Tangible-Equity is 7.12. PT Provident Investasi Bersama Tbk's value of 130.91% is 1738.6% above this industry median. Based on the distribution chart, PT Provident Investasi Bersama Tbk ranks #49 out of 1590 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, PT Provident Investasi Bersama Tbk has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Provident Investasi Bersama Tbk's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, PT Provident Investasi Bersama Tbk ranks #49 out of 1590 companies for Return-on-Tangible-Equity. This places PT Provident Investasi Bersama Tbk in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.12. PT Provident Investasi Bersama Tbk's value of 130.91% is 1738.6% above this benchmark. While the company's 10-year median is 3.75 vs. the industry median of 7.12, PT Provident Investasi Bersama 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 an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.12, based on 1,590 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 Provident Investasi Bersama Tbk's current Return-on-Tangible-Equity of 130.91% is 1738.6% 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 Provident Investasi Bersama Tbk and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Provident Investasi Bersama Tbk's current Return-on-Tangible-Equity is 130.91%, which is 3391% above median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Provident Investasi Bersama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Provident Investasi Bersama Tbk (ISX:PALM) is currently considered Possible Value Trap. The stock's GF Value™ is Rp4,264.31, compared to a current price of Rp290.00 — trading 93.2% below its estimated fair value. The current Return-on-Tangible-Equity is 130.91%, which is 3391% above median its 10-year median of 3.75 and 1738.6% above the Asset Management industry median of 7.12. PT Provident Investasi Bersama Tbk's overall GF Score™ is 49/100 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 Provident Investasi Bersama Tbk (ISX:PALM), the current Return-on-Tangible-Equity is 130.91% 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 Provident Investasi Bersama Tbk (ISX:PALM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Provident Investasi Bersama Tbk stock appears to be undervalued. The current stock price of Rp290.00 is trading 93.2% below its estimated GF Value™ of Rp4,264.31. GuruFocus considers PT Provident Investasi Bersama Tbk to be Possible Value Trap.

Key valuation signals for ISX:PALM:

  • Return-on-Tangible-Equity: 130.91% (3391% above median its 10-year median of 3.75)
  • GF Value™: Rp4,264.31 vs. price of Rp290.00 (93.2% below fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 1738.6% above the Asset Management median (#49 of 1590)

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


PT Provident Investasi Bersama Tbk Business Description

Address Jalan H.R. Rasuna Said, Kawasan Rasuna Epicentrum, Gedung The Convergence Building 21st Floor, Gran Rubina Business Park, Karet Kuningan, Setiabudi, Jakarta, IDN, 12940
PT Provident Investasi Bersama Tbk is an investment company. The company has four operating segments Natural resources engaged in the mining of gold, silver, copper, nickel, and other associated minerals, as well as related industrial; Logistic ; Telecommunication company providing telecommunications services and/or telecommunications networks and/or multimedia.; and Other equity securities. The company generates majority of revenue from Natural resources.
49GF Score

Get the complete analysis for ISX:PALM

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

Rp290.00
Price
Rp4,264.31
GF Value