PTrana Mitra Luas TBK (ISX:SMIL) Return-on-Tangible-Equity: 16.36% (As of Mar. 2026) — Near Median


ISX:SMIL PT Sarana Mitra Luas TBK ISX:SMIL
82 GF Score
Price Rp302.00
GF Value Rp263.34
Valuation Modestly Overvalued
! 6 Warning Signs
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What is PTrana Mitra Luas TBK Return-on-Tangible-Equity?

PTrana Mitra Luas TBK ISX:SMIL +2.72% 82 Return-on-Tangible-Equity is 16.36% as of Mar. 2026, which is 9% above its 10-year median of 15.02. GuruFocus rates ISX:SMIL with a GF Score™ of 82/100 and a GF Value™ of Rp263.34 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,009 Business Services companies, PTrana Mitra Luas TBK ranks worse than 54.31% 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. PTrana Mitra Luas TBK's annualized net income for the quarter that ended in Mar. 2026 was Rp122,991 Mil. PTrana Mitra Luas TBK's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp751,783 Mil. Therefore, PTrana Mitra Luas TBK's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.36%.

The historical rank and industry rank for PTrana Mitra Luas TBK's Return-on-Tangible-Equity or its related term are showing as below:

ISX:SMIL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.06   Med: 15.02   Max: 22.23
Current: 9.31

During the past 7 years, PTrana Mitra Luas TBK's highest Return-on-Tangible-Equity was 22.23%. The lowest was 9.06%. And the median was 15.02%.

ISX:SMIL's Return-on-Tangible-Equity is ranked worse than
54.31% of 1009 companies
in the Business Services industry
Industry Median: 10.57 vs ISX:SMIL: 9.31

PTrana Mitra Luas TBK  (ISX:SMIL) 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.


PTrana Mitra Luas TBK Return-on-Tangible-Equity Related Terms


PTrana Mitra Luas TBK Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for PTrana Mitra Luas 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.

PTrana Mitra Luas TBK Return-on-Tangible-Equity Chart

PTrana Mitra Luas TBK Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 22.23 15.02 15.57 11.69 9.06

PTrana Mitra Luas TBK Quarterly Data
Dec19 Dec20 Dec21 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 14.74 12.49 14.82 -6.42 16.36

ISX:SMIL vs URI, SUNB, AER: Return-on-Tangible-Equity Comparison

For the Rental & Leasing Services subindustry, PTrana Mitra Luas 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.


PTrana Mitra Luas TBK Return-on-Tangible-Equity vs Business Services Industry

For the Business Services industry and Industrials sector, PTrana Mitra Luas TBK's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PTrana Mitra Luas TBK's Return-on-Tangible-Equity falls into.


ISX:SMIL
82GF Score
PT Sarana Mitra Luas TBK ISX:SMIL
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PTrana Mitra Luas TBK Return-on-Tangible-Equity Calculation

PTrana Mitra Luas 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 )
=66028.803/( (721879.878+736409.104 )/ 2 )
=66028.803/729144.491
=9.06 %

PTrana Mitra Luas 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 )
=122991.212/( (736409.104+767156.907)/ 2 )
=122991.212/751783.0055
=16.36 %

* 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 16.36% mean?
PTrana Mitra Luas TBK (ISX:SMIL) has a Return-on-Tangible-Equity of 16.36% 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 PTrana Mitra Luas TBK and its competitors. This is near median its historical median of 15.02. Over the past decade, PTrana Mitra Luas TBK's Return-on-Tangible-Equity has ranged from 9.06 to 22.23. According to the industry distribution chart, PTrana Mitra Luas TBK ranks #548 out of 1009 companies in the Business Services industry, placing it in the top 54.3%.
Is PTrana Mitra Luas TBK's Return-on-Tangible-Equity too high?
PTrana Mitra Luas TBK's current Return-on-Tangible-Equity of 16.36% is near median its 10-year median of 15.02. Over the past 10 years, this metric has ranged from a low of 9.06 to a high of 22.23. The Business Services industry median Return-on-Tangible-Equity is 10.57. PTrana Mitra Luas TBK's value of 16.36% is 54.8% above this industry median. Based on the distribution chart, PTrana Mitra Luas TBK ranks #548 out of 1009 companies in the Business Services industry, which is below the industry midpoint. Overall, PTrana Mitra Luas TBK has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PTrana Mitra Luas TBK's Return-on-Tangible-Equity compare to URI and SUNB?
According to the Business Services industry distribution chart, PTrana Mitra Luas TBK ranks #548 out of 1009 companies for Return-on-Tangible-Equity. This places PTrana Mitra Luas TBK in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.57. PTrana Mitra Luas TBK's value of 16.36% is 54.8% above this benchmark. Historically, PTrana Mitra Luas TBK's own Return-on-Tangible-Equity has ranged from 9.06 to 22.23 over the past decade. While the company's 10-year median is 15.02 vs. the industry median of 10.57, PTrana Mitra Luas 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.57, based on 1,009 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. PTrana Mitra Luas TBK's current Return-on-Tangible-Equity of 16.36% is 54.8% 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 PTrana Mitra Luas TBK and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTrana Mitra Luas TBK's current Return-on-Tangible-Equity is 16.36%, which is near median its own 10-year median of 15.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTrana Mitra Luas TBK stock overvalued right now?
Based on GuruFocus' analysis, PTrana Mitra Luas TBK (ISX:SMIL) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp263.34, compared to a current price of Rp302.00 — trading 14.7% above its estimated fair value. The current Return-on-Tangible-Equity is 16.36%, which is near median its 10-year median of 15.02 and 54.8% above the Business Services industry median of 10.57. PTrana Mitra Luas TBK's overall GF Score™ is 82/100 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 PTrana Mitra Luas TBK (ISX:SMIL), the current Return-on-Tangible-Equity is 16.36% 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 PTrana Mitra Luas TBK (ISX:SMIL) Overvalued in 2026?

Based on GuruFocus' analysis, PTrana Mitra Luas TBK stock appears to be overvalued. The current stock price of Rp302.00 is trading 14.7% above its estimated GF Value™ of Rp263.34. GuruFocus considers PTrana Mitra Luas TBK to be Modestly Overvalued.

Key valuation signals for ISX:SMIL:

  • Return-on-Tangible-Equity: 16.36% (near median its 10-year median of 15.02)
  • GF Value™: Rp263.34 vs. price of Rp302.00 (14.7% above fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 54.8% above the Business Services median (#548 of 1009)

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


PTrana Mitra Luas TBK Business Description

Address Jalan Kenari Utama II, Block C, No.03 & 05A, Cibatu, Kecamatan Cikarang Selatan, Jawa Barat, Bekasi, IDN, 17530
PT Sarana Mitra Luas TBK is a forklift rental company with a total fleet of more than 3,000 units. Apart from rental, It also provides other material handling solutions such as selling and servicing forklifts. The company only has two business segments, namely forklift sales and rent services generating the majority revenue.
82GF Score

Get the complete analysis for ISX:SMIL

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

Rp302.00
Price
Rp263.34
GF Value