PT Singaraja Putra Tbk (ISX:SINI) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)

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ISX:SINI PT Singaraja Putra Tbk ISX:SINI
68 GF Score
Price Rp7,150.00
GF Value Rp3,065.65
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is PT Singaraja Putra Tbk Return-on-Tangible-Equity?

PT Singaraja Putra Tbk ISX:SINI +2.14% 68 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates ISX:SINI with a GF Score™ of 68/100 and a GF Value™ of Rp3,065.65 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 279 Forest Products companies, PT Singaraja Putra Tbk ranks worse than 358422.58% 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 Singaraja Putra Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp10,959 Mil. PT Singaraja Putra Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp-762,157 Mil. Therefore, PT Singaraja Putra Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

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

During the past 9 years, PT Singaraja Putra Tbk's highest Return-on-Tangible-Equity was 13.56%. The lowest was -0.82%. And the median was 2.74%.

ISX:SINI's Return-on-Tangible-Equity is not ranked *
in the Forest Products industry.
Industry Median: 2.21
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

PT Singaraja Putra Tbk  (ISX:SINI) 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 Singaraja Putra Tbk Return-on-Tangible-Equity Related Terms


PT Singaraja Putra Tbk Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for PT Singaraja Putra 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 Singaraja Putra Tbk Return-on-Tangible-Equity Chart

PT Singaraja Putra 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 13.56 3.38 0.00 0.00 0.00

PT Singaraja Putra 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 0.00 0.00 0.00 0.00 Negative Tangible Equity

ISX:SINI vs SSD, UFPI, BCC: Return-on-Tangible-Equity Comparison

For the Lumber & Wood Production subindustry, PT Singaraja Putra 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 Singaraja Putra Tbk Return-on-Tangible-Equity vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Singaraja Putra Tbk's Return-on-Tangible-Equity distribution charts can be found below:

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


ISX:SINI
68GF Score
PT Singaraja Putra Tbk ISX:SINI
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Singaraja Putra Tbk Return-on-Tangible-Equity Calculation

PT Singaraja Putra 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 )
=-43087.995/( (-720293.837+-763526.873 )/ 2 )
=-43087.995/-741910.355
=N/A %

PT Singaraja Putra 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 )
=10958.952/( (-763526.873+-760787.134)/ 2 )
=10958.952/-762157.0035
=Negative Tangible Equity %

* 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 Negative Tangible Equity% mean?
PT Singaraja Putra Tbk (ISX:SINI) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Singaraja Putra Tbk and its competitors. According to the industry distribution chart, PT Singaraja Putra Tbk ranks #999999 out of 279 companies in the Forest Products industry.
Is PT Singaraja Putra Tbk's Return-on-Tangible-Equity too high?
PT Singaraja Putra Tbk's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, PT Singaraja Putra Tbk ranks #999999 out of 279 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, PT Singaraja Putra Tbk has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Singaraja Putra Tbk's Return-on-Tangible-Equity compare to SSD and UFPI?
According to the Forest Products industry distribution chart, PT Singaraja Putra Tbk ranks #999999 out of 279 companies for Return-on-Tangible-Equity. This places PT Singaraja Putra Tbk in the lower half of its industry. The industry median Return-on-Tangible-Equity is 2.21. 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.21, based on 279 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. 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 Singaraja Putra Tbk and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Singaraja Putra Tbk's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Singaraja Putra Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Singaraja Putra Tbk (ISX:SINI) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp3,065.65, compared to a current price of Rp7,150.00 — trading 133.2% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. PT Singaraja Putra Tbk's overall GF Score™ is 68/100 with 8 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 Singaraja Putra Tbk (ISX:SINI), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Singaraja Putra Tbk (ISX:SINI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Singaraja Putra Tbk stock appears to be overvalued. The current stock price of Rp7,150.00 is trading 133.2% above its estimated GF Value™ of Rp3,065.65. GuruFocus considers PT Singaraja Putra Tbk to be Significantly Overvalued.

Key valuation signals for ISX:SINI:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: Rp3,065.65 vs. price of Rp7,150.00 (133.2% above fair value)
  • GF Score™: 68/100 with 8 warning signs

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


PT Singaraja Putra Tbk Business Description

Address Jalan Galeria Singaraja, Blok C No. 16-17, Lippo Cikarang, Jawa Barat, Bekasi, IDN, 17550
PT Singaraja Putra Tbk, through its subsidiary, engages in the sale of wood and providing other services. In addition, the firm offers accommodation services. The company's products include FJ Solid, FJ Laminating, Door-Window Frame/ABC, Facia Boards/Wall Panels, Glass Beads/Skirting, Thermo, Wood Pellet, and Merpauh. The company's Business segment includes sales of wood, Rent Revenue, and sales of coal, out of which the majority of the company's revenue is generated from sales of wood.
68GF Score

Get the complete analysis for ISX:SINI

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

Rp7,150.00
Price
Rp3,065.65
GF Value