PT Victoria Investama TbkISX:VICO 76 Return-on-Tangible-Equity is 3.07% as of Mar. 2026, which is 37% above its 10-year median of 2.24. GuruFocus rates ISX:VICO with a GF Score™ of 76/100 and a GF Value™ of Rp159.95 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,588 Asset Management companies, PT Victoria Investama Tbk ranks better than 66.88% 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 Victoria Investama Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp114,590 Mil. PT Victoria Investama Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp3,730,591 Mil. Therefore, PT Victoria Investama Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.07%.
The historical rank and industry rank for PT Victoria Investama Tbk's Return-on-Tangible-Equity or its related term are showing as below:
ISX:VICO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.41 Med: 2.24 Max: 31.28
Current: 13.26
During the past 13 years, PT Victoria Investama Tbk's highest Return-on-Tangible-Equity was 31.28%. The lowest was -5.41%. And the median was 2.24%.
ISX:VICO's Return-on-Tangible-Equity is ranked better than 66.88% of 1588
companies
in the Asset Management industry
Industry Median: 7.205
vs ISX:VICO: 13.26
PT Victoria Investama Tbk (ISX:VICO) 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 Victoria Investama Tbk Return-on-Tangible-Equity Related Terms
PT Victoria Investama Tbk Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for PT Victoria Investama 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 Victoria Investama Tbk Return-on-Tangible-Equity Chart
ISX:VICO vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, PT Victoria Investama 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 Victoria Investama Tbk Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PT Victoria Investama Tbk's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PT Victoria Investama 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 3.07% mean?
PT Victoria Investama Tbk (ISX:VICO) has a Return-on-Tangible-Equity of 3.07% 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 Victoria Investama Tbk and its competitors. This is 37% above median its historical median of 2.24. According to the industry distribution chart, PT Victoria Investama Tbk ranks #526 out of 1588 companies in the Asset Management industry, placing it in the top 33.1%.
Is PT Victoria Investama Tbk's Return-on-Tangible-Equity too high?
PT Victoria Investama Tbk's current Return-on-Tangible-Equity of 3.07% is 37% above median its 10-year median of 2.24. The Asset Management industry median Return-on-Tangible-Equity is 7.21. PT Victoria Investama Tbk's value of 3.07% is 57.4% below this industry median. Based on the distribution chart, PT Victoria Investama Tbk ranks #526 out of 1588 companies in the Asset Management industry, which is above the industry midpoint. Overall, PT Victoria Investama Tbk has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Victoria Investama Tbk's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, PT Victoria Investama Tbk ranks #526 out of 1588 companies for Return-on-Tangible-Equity. This puts PT Victoria Investama Tbk in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.21. PT Victoria Investama Tbk's value of 3.07% is 57.4% below this benchmark. While the company's 10-year median is 2.24 vs. the industry median of 7.21, PT Victoria Investama 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 an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,588 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 Victoria Investama Tbk's current Return-on-Tangible-Equity of 3.07% is 57.4% 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 Victoria Investama 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. PT Victoria Investama Tbk's current Return-on-Tangible-Equity is 3.07%, which is 37% above median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Victoria Investama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Victoria Investama Tbk (ISX:VICO) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp159.95, compared to a current price of Rp131.00 — trading 18.1% below its estimated fair value. The current Return-on-Tangible-Equity is 3.07%, which is 37% above median its 10-year median of 2.24 and 57.4% below the Asset Management industry median of 7.21. PT Victoria Investama Tbk's overall GF Score™ is 76/100 with 3 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 Victoria Investama Tbk (ISX:VICO), the current Return-on-Tangible-Equity is 3.07% 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 Victoria Investama Tbk (ISX:VICO) Overvalued in 2026?
Based on GuruFocus' analysis, PT Victoria Investama Tbk stock appears to be undervalued.
The current stock price of Rp131.00 is trading 18.1% below its estimated GF Value™ of Rp159.95.
GuruFocus considers PT Victoria Investama Tbk to be Modestly Undervalued.
Key valuation signals for ISX:VICO:
Return-on-Tangible-Equity: 3.07% (37% above median its 10-year median of 2.24)
GF Value™: Rp159.95 vs. price of Rp131.00 (18.1% below fair value)
Industry Position: 57.4% below the Asset Management median (#526 of 1588)
No single metric tells the full story. See the ISX:VICO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Victoria Investama Tbk is a holding company engaged in the investment sector, with a focus on providing integrated financial services for both corporate clients and retail customers. It provides various services including Securities Trading, Securities Underwriting, Asset Management, General Insurance, Life Insurance, as well as Banking. The company's segments include consulting services, underwriting and securities trading brokerage, loss insurance, investment management, life insurance and banking. The banking segment is the main revenue contributor.
76GF Score
Get the complete analysis for ISX:VICO
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