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PT Semen Indonesia (Persero) Tbk (ISX:SMGR) Return-on-Tangible-Equity : 4.74% (As of Mar. 2024)


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What is PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) Tbk's annualized net income for the quarter that ended in Mar. 2024 was Rp1,887,240 Mil. PT Semen Indonesia (Persero) Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2024 was Rp39,842,197 Mil. Therefore, PT Semen Indonesia (Persero) Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 4.74%.

The historical rank and industry rank for PT Semen Indonesia (Persero) Tbk's Return-on-Tangible-Equity or its related term are showing as below:

ISX:SMGR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.3   Med: 8.73   Max: 26.09
Current: 5.3

During the past 13 years, PT Semen Indonesia (Persero) Tbk's highest Return-on-Tangible-Equity was 26.09%. The lowest was 5.30%. And the median was 8.73%.

ISX:SMGR's Return-on-Tangible-Equity is ranked worse than
57.8% of 372 companies
in the Building Materials industry
Industry Median: 7.26 vs ISX:SMGR: 5.30

PT Semen Indonesia (Persero) Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) Tbk Return-on-Tangible-Equity Chart

PT Semen Indonesia (Persero) 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 8.23 9.22 6.09 6.43 5.53

PT Semen Indonesia (Persero) Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.73 3.14 8.81 4.65 4.74

Competitive Comparison of PT Semen Indonesia (Persero) Tbk's Return-on-Tangible-Equity

For the Building Materials subindustry, PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) Tbk's Return-on-Tangible-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Semen Indonesia (Persero) Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Semen Indonesia (Persero) Tbk's Return-on-Tangible-Equity falls into.



PT Semen Indonesia (Persero) Tbk Return-on-Tangible-Equity Calculation

PT Semen Indonesia (Persero) 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 )
=2170497/( (38894720+39571364 )/ 2 )
=2170497/39233042
=5.53 %

PT Semen Indonesia (Persero) Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=1887240/( (39571364+40113029)/ 2 )
=1887240/39842196.5
=4.74 %

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


PT Semen Indonesia (Persero) Tbk  (ISX:SMGR) 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 Semen Indonesia (Persero) Tbk Return-on-Tangible-Equity Related Terms

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PT Semen Indonesia (Persero) Tbk (ISX:SMGR) Business Description

Traded in Other Exchanges
Address
Jalan R.A. Kartini Kav. 8, South Quarter, Tower A, Lantai 19th - 20th Floor, Cilandak Barat, South Jakarta, Jakarta, IDN, 12430
PT Semen Indonesia (Persero) Tbk is engaged in the manufacturing industry, especially cement & its derivatives, other building materials, as well as related business activities both upstream and downstream. The company operates in two segments; the Cement Production Segment produces and markets cement products in Indonesia, and Vietnam, as well as various export destination countries, including Bangladesh, Australia, the Philippines, Taiwan, China, and several other countries, and The non-cement production segment, consists of mining limestone and clay, manufacturing packaging bags, developing industrial estates, finished and ready-to-use concrete, information system services, logistics, and trading. It generates a majority of its revenue from the cement segment.

PT Semen Indonesia (Persero) Tbk (ISX:SMGR) Headlines

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