PT Suparma TbkISX:SPMA +2.83%76 Return-on-Tangible-Equity is 1.85% as of Mar. 2026, which is 80% below its 10-year median of 9.46. GuruFocus rates ISX:SPMA with a GF Score™ of 76/100 and a GF Value™ of Rp239.02 (Fairly Valued). The stock has 6 warning signs investors should review. Among 279 Forest Products companies, PT Suparma Tbk ranks better than 63.8% 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 Suparma Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp40,936 Mil. PT Suparma Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp2,209,395 Mil. Therefore, PT Suparma Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.85%.
The historical rank and industry rank for PT Suparma Tbk's Return-on-Tangible-Equity or its related term are showing as below:
ISX:SPMA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.76 Med: 9.46 Max: 20.9
Current: 4.76
During the past 9 years, PT Suparma Tbk's highest Return-on-Tangible-Equity was 20.90%. The lowest was 4.76%. And the median was 9.46%.
ISX:SPMA's Return-on-Tangible-Equity is ranked better than 63.8% of 279
companies
in the Forest Products industry
Industry Median: 2.12
vs ISX:SPMA: 4.76
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 Suparma Tbk Return-on-Tangible-Equity Related Terms
PT Suparma Tbk Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for PT Suparma 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.
ISX:SPMA vs SLVM: Return-on-Tangible-Equity Comparison
For the Paper & Paper Products subindustry, PT Suparma 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 Suparma Tbk Return-on-Tangible-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, PT Suparma Tbk's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PT Suparma 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 (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 1.85% mean?
PT Suparma Tbk (ISX:SPMA) has a Return-on-Tangible-Equity of 1.85% 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 Suparma Tbk and its competitors. This is 80% below median its historical median of 9.46. Over the past decade, PT Suparma Tbk's Return-on-Tangible-Equity has ranged from 4.76 to 20.90. According to the industry distribution chart, PT Suparma Tbk ranks #101 out of 279 companies in the Forest Products industry, placing it in the top 36.2%.
Is PT Suparma Tbk's Return-on-Tangible-Equity too high?
PT Suparma Tbk's current Return-on-Tangible-Equity of 1.85% is 80% below median its 10-year median of 9.46. Over the past 10 years, this metric has ranged from a low of 4.76 to a high of 20.90. The Forest Products industry median Return-on-Tangible-Equity is 2.12. PT Suparma Tbk's value of 1.85% is 12.7% below this industry median. Based on the distribution chart, PT Suparma Tbk ranks #101 out of 279 companies in the Forest Products industry, which is above the industry midpoint. Overall, PT Suparma Tbk has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Suparma Tbk's Return-on-Tangible-Equity compare to SLVM?
According to the Forest Products industry distribution chart, PT Suparma Tbk ranks #101 out of 279 companies for Return-on-Tangible-Equity. This puts PT Suparma Tbk in the upper half of its industry. The industry median Return-on-Tangible-Equity is 2.12. PT Suparma Tbk's value of 1.85% is 12.7% below this benchmark. Historically, PT Suparma Tbk's own Return-on-Tangible-Equity has ranged from 4.76 to 20.90 over the past decade. While the company's 10-year median is 9.46 vs. the industry median of 2.12, PT Suparma Tbk has consistently been below 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.12, 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. PT Suparma Tbk's current Return-on-Tangible-Equity of 1.85% is 12.7% below 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 Suparma Tbk and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Suparma Tbk's current Return-on-Tangible-Equity is 1.85%, which is 80% below median its own 10-year median of 9.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Suparma Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Suparma Tbk (ISX:SPMA) is currently considered Fairly Valued. The stock's GF Value™ is Rp239.02, compared to a current price of Rp218.00 — trading 8.8% below its estimated fair value. The current Return-on-Tangible-Equity is 1.85%, which is 80% below median its 10-year median of 9.46 and 12.7% below the Forest Products industry median of 2.12. PT Suparma Tbk's overall GF Score™ is 76/100 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 Suparma Tbk (ISX:SPMA), the current Return-on-Tangible-Equity is 1.85% 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 Suparma Tbk (ISX:SPMA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Suparma Tbk stock appears to be undervalued.
The current stock price of Rp218.00 is trading 8.8% below its estimated GF Value™ of Rp239.02.
GuruFocus considers PT Suparma Tbk to be Fairly Valued.
Key valuation signals for ISX:SPMA:
Return-on-Tangible-Equity: 1.85% (80% below median its 10-year median of 9.46)
GF Value™: Rp239.02 vs. price of Rp218.00 (8.8% below fair value)
Industry Position: 12.7% below the Forest Products median (#101 of 279)
No single metric tells the full story. See the ISX:SPMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Suparma Tbk is an Indonesia-based company that manufactures paper and paper products. The group manufactured paper and paper wrapping products for the industrial and consumer sectors. The firm offers Laminated Wrapping Kraft, Samson Kraft, MG Paper, Coated Duplex Board, Bathroom Tissue, Carrier Tissue, Industrial Roll Towel, Kitchen Towel, and Other products. Geographically, the firm generates the majority of its revenue from the local market.
76GF Score
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