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PTratoga Investama Sedaya TbkISX:SRTG -1.72%38 Return-on-Tangible-Equity is 34.58% as of Mar. 2026, which is 137% above its 10-year median of 14.60. GuruFocus rates ISX:SRTG with a GF Score™ of 38/100. The stock has 4 warning signs investors should review. Among 1,592 Asset Management companies, PTratoga Investama Sedaya Tbk ranks better than 88.76% 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. PTratoga Investama Sedaya Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp21,285,448 Mil. PTratoga Investama Sedaya Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp61,557,108 Mil. Therefore, PTratoga Investama Sedaya Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 34.58%.
The historical rank and industry rank for PTratoga Investama Sedaya Tbk's Return-on-Tangible-Equity or its related term are showing as below:
ISX:SRTG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -32.87 Med: 14.6 Max: 56.98
Current: 34.69
During the past 13 years, PTratoga Investama Sedaya Tbk's highest Return-on-Tangible-Equity was 56.98%. The lowest was -32.87%. And the median was 14.60%.
ISX:SRTG's Return-on-Tangible-Equity is ranked better than 88.76% of 1592
companies
in the Asset Management industry
Industry Median: 7.21
vs ISX:SRTG: 34.69
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.
PTratoga Investama Sedaya Tbk Return-on-Tangible-Equity Related Terms
PTratoga Investama Sedaya Tbk Return-on-Tangible-Equity Historical Data
* 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:SRTG vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, PTratoga Investama Sedaya 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.
PTratoga Investama Sedaya Tbk Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PTratoga Investama Sedaya Tbk's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PTratoga Investama Sedaya 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 34.58% mean?
PTratoga Investama Sedaya Tbk (ISX:SRTG) has a Return-on-Tangible-Equity of 34.58% 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 PTratoga Investama Sedaya Tbk and its competitors. This is 137% above median its historical median of 14.60. According to the industry distribution chart, PTratoga Investama Sedaya Tbk ranks #179 out of 1592 companies in the Asset Management industry, placing it in the top 11.2%.
Is PTratoga Investama Sedaya Tbk's Return-on-Tangible-Equity too high?
PTratoga Investama Sedaya Tbk's current Return-on-Tangible-Equity of 34.58% is 137% above median its 10-year median of 14.60. The Asset Management industry median Return-on-Tangible-Equity is 7.21. PTratoga Investama Sedaya Tbk's value of 34.58% is 379.6% above this industry median. Based on the distribution chart, PTratoga Investama Sedaya Tbk ranks #179 out of 1592 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, PTratoga Investama Sedaya Tbk has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does PTratoga Investama Sedaya Tbk's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, PTratoga Investama Sedaya Tbk ranks #179 out of 1592 companies for Return-on-Tangible-Equity. This places PTratoga Investama Sedaya Tbk in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. PTratoga Investama Sedaya Tbk's value of 34.58% is 379.6% above this benchmark. While the company's 10-year median is 14.60 vs. the industry median of 7.21, PTratoga Investama Sedaya 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 an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,592 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. PTratoga Investama Sedaya Tbk's current Return-on-Tangible-Equity of 34.58% is 379.6% 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 PTratoga Investama Sedaya Tbk and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTratoga Investama Sedaya Tbk's current Return-on-Tangible-Equity is 34.58%, which is 137% above median its own 10-year median of 14.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTratoga Investama Sedaya Tbk stock overvalued right now?
PTratoga Investama Sedaya Tbk (ISX:SRTG) has a current Return-on-Tangible-Equity of 34.58%. The current Return-on-Tangible-Equity is 34.58%, which is 137% above median its 10-year median of 14.60 and 379.6% above the Asset Management industry median of 7.21. PTratoga Investama Sedaya Tbk's overall GF Score™ is 38/100 with 4 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 PTratoga Investama Sedaya Tbk (ISX:SRTG), the current Return-on-Tangible-Equity is 34.58% 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.
PTratoga Investama Sedaya Tbk Business Description
PT Saratoga Investama Sedaya Tbk is an active investment company in Indonesia. The company invests in three sectors: consumer, digital infrastructure, and renewable energy resources. Its segments include: Blue Chip companies, Digital technology companies; Growth focused companies and Others. The company invests in the growing energy sector, precious metals, technology infrastructure, healthcare products and services, specialty logistics and distribution, and the digital space.
38GF Score
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