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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 SMR Utama Tbk's annualized net income for the quarter that ended in Dec. 2025 was Rp74,814 Mil. PT SMR Utama Tbk's average shareholder tangible equity for the quarter that ended in Dec. 2025 was Rp-225,085 Mil. Therefore, PT SMR Utama Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was Negative Tangible Equity%.
The historical rank and industry rank for PT SMR Utama Tbk's Return-on-Tangible-Equity or its related term are showing as below:
During the past 13 years, PT SMR Utama Tbk's highest Return-on-Tangible-Equity was 5.33%. The lowest was -294.30%. And the median was -33.68%.
ISX:SMRU's Return-on-Tangible-Equity is not ranked *
in the Other Energy Sources industry.
Industry Median: 0.91 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
PT SMR Utama Tbk (ISX:SMRU) 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 SMR Utama Tbk Return-on-Tangible-Equity Related Terms
PT SMR Utama Tbk Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for PT SMR Utama 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 SMR Utama Tbk Return-on-Tangible-Equity Competitor Comparison
For the Thermal Coal subindustry, PT SMR Utama 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 SMR Utama Tbk Return-on-Tangible-Equity vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT SMR Utama Tbk's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PT SMR Utama Tbk's Return-on-Tangible-Equity falls into.
* 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 (Dec. 2025) 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 SMR Utama Tbk (ISX:SMRU) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on PT SMR Utama Tbk and its competitors.
Is PT SMR Utama Tbk's Return-on-Tangible-Equity too high?
PT SMR Utama Tbk's current Return-on-Tangible-Equity is Negative Tangible Equity%. Overall, PT SMR Utama Tbk has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does PT SMR Utama Tbk's Return-on-Tangible-Equity compare to competitors?
PT SMR Utama Tbk's Return-on-Tangible-Equity of Negative Tangible Equity% can be compared against companies in the Other Energy Sources industry. The industry median Return-on-Tangible-Equity is 0.91. 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 Other Energy Sources company?
The median Return-on-Tangible-Equity among Other Energy Sources companies is 0.91, based on 178 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 SMR Utama Tbk and its competitors. For the Other Energy Sources industry, the median Return-on-Tangible-Equity is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT SMR Utama 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 SMR Utama Tbk stock overvalued right now?
PT SMR Utama Tbk (ISX:SMRU) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The stock's GF Value™ is Rp37.23, compared to a current price of Rp50.00 — trading 34.3% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. PT SMR Utama Tbk's overall GF Score™ is 11/100 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 SMR Utama Tbk (ISX:SMRU), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Dec. 2025. 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 SMR Utama Tbk (ISX:SMRU) Overvalued in 2026?
Based on GuruFocus' analysis, PT SMR Utama Tbk stock appears to be overvalued.
The current stock price of Rp50.00 is trading 34.3% above its estimated GF Value™ of Rp37.23.
No single metric tells the full story. See the ISX:SMRU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT SMR Utama Tbk business activities include mining and quarrying, wholesale trade, and professional, scientific, and technical activities. The Company owns a mining contractor providing mining services under long-term contracts with coal producers, such as PT Berau Coal. The Company carries out coal mining business activities, other mining and excavation support activities, wholesale trade in solid, liquid, and gas fuels and YBDI products, as well as management consulting activities. Its business units comprise Mining Contractor, IOT Consultant Services, and Coal Mining. The company has only one reportable segment, namely mining services. Its projects include Berau Coal Project I, Berau Coal Project II, and others.
11GF Score
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