PBATF (PT Bukit Asam (Persero) Tbk) Return-on-Tangible-Equity: 13.91% (As of Mar. 2026) — 42% Below Median


PBATF PT Bukit Asam (Persero) Tbk PBATF
65 GF Score
Price $0.17
GF Value $0.11
Valuation Significantly Overvalued
! 6 Warning Signs
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What is PT Bukit Asam (Persero) Tbk Return-on-Tangible-Equity?

PT Bukit Asam (Persero) Tbk PBATF +29.67% 65 Return-on-Tangible-Equity is 13.91% as of Mar. 2026, which is 42% below its 10-year median of 24.14. GuruFocus rates PBATF with a GF Score™ of 65/100 and a GF Value™ of $0.11 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 177 Other Energy Sources companies, PT Bukit Asam (Persero) Tbk ranks better than 83.62% 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 Bukit Asam (Persero) Tbk's annualized net income for the quarter that ended in Mar. 2026 was $189 Mil. PT Bukit Asam (Persero) Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,362 Mil. Therefore, PT Bukit Asam (Persero) Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.91%.

The historical rank and industry rank for PT Bukit Asam (Persero) Tbk's Return-on-Tangible-Equity or its related term are showing as below:

PBATF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.08   Med: 24.14   Max: 47.82
Current: 15.36

During the past 13 years, PT Bukit Asam (Persero) Tbk's highest Return-on-Tangible-Equity was 47.82%. The lowest was 13.08%. And the median was 24.14%.

PBATF's Return-on-Tangible-Equity is ranked better than
83.62% of 177 companies
in the Other Energy Sources industry
Industry Median: 0.88 vs PBATF: 15.36

PT Bukit Asam (Persero) Tbk  (OTCPK:PBATF) 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 Bukit Asam (Persero) Tbk Return-on-Tangible-Equity Related Terms


PT Bukit Asam (Persero) Tbk Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for PT Bukit Asam (Persero) 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 Bukit Asam (Persero) Tbk Return-on-Tangible-Equity Chart

PT Bukit Asam (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.77 45.94 24.54 22.96 12.82

PT Bukit Asam (Persero) Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only 6.83 8.38 11.13 28.45 13.91

PT Bukit Asam (Persero) Tbk Return-on-Tangible-Equity Competitor Comparison

For the Thermal Coal subindustry, PT Bukit Asam (Persero) 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 Bukit Asam (Persero) Tbk Return-on-Tangible-Equity vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Bukit Asam (Persero) Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Bukit Asam (Persero) Tbk's Return-on-Tangible-Equity falls into.


PBATF
65GF Score
PT Bukit Asam (Persero) Tbk PBATF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bukit Asam (Persero) Tbk Return-on-Tangible-Equity Calculation

PT Bukit Asam (Persero) 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 )
=175.372/( (1397.073+1339.646 )/ 2 )
=175.372/1368.3595
=12.82 %

PT Bukit Asam (Persero) 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 )
=189.444/( (1339.646+1384.05)/ 2 )
=189.444/1361.848
=13.91 %

* 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 13.91% mean?
PT Bukit Asam (Persero) Tbk (PBATF) has a Return-on-Tangible-Equity of 13.91% 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 Bukit Asam (Persero) Tbk and its competitors. This is 42% below median its historical median of 24.14. Over the past decade, PT Bukit Asam (Persero) Tbk's Return-on-Tangible-Equity has ranged from 13.08 to 47.82. According to the industry distribution chart, PT Bukit Asam (Persero) Tbk ranks #29 out of 177 companies in the Other Energy Sources industry, placing it in the top 16.4%.
Is PT Bukit Asam (Persero) Tbk's Return-on-Tangible-Equity too high?
PT Bukit Asam (Persero) Tbk's current Return-on-Tangible-Equity of 13.91% is 42% below median its 10-year median of 24.14. Over the past 10 years, this metric has ranged from a low of 13.08 to a high of 47.82. The Other Energy Sources industry median Return-on-Tangible-Equity is 0.88. PT Bukit Asam (Persero) Tbk's value of 13.91% is 1480.7% above this industry median. Based on the distribution chart, PT Bukit Asam (Persero) Tbk ranks #29 out of 177 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, PT Bukit Asam (Persero) Tbk has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Bukit Asam (Persero) Tbk's Return-on-Tangible-Equity compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Bukit Asam (Persero) Tbk ranks #29 out of 177 companies for Return-on-Tangible-Equity. This places PT Bukit Asam (Persero) Tbk in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 0.88. PT Bukit Asam (Persero) Tbk's value of 13.91% is 1480.7% above this benchmark. Historically, PT Bukit Asam (Persero) Tbk's own Return-on-Tangible-Equity has ranged from 13.08 to 47.82 over the past decade. While the company's 10-year median is 24.14 vs. the industry median of 0.88, PT Bukit Asam (Persero) 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 Other Energy Sources company?
The median Return-on-Tangible-Equity among Other Energy Sources companies is 0.88, based on 177 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 Bukit Asam (Persero) Tbk's current Return-on-Tangible-Equity of 13.91% is 1480.7% 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 PT Bukit Asam (Persero) Tbk and its competitors. For the Other Energy Sources industry, the median Return-on-Tangible-Equity is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bukit Asam (Persero) Tbk's current Return-on-Tangible-Equity is 13.91%, which is 42% below median its own 10-year median of 24.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bukit Asam (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk (PBATF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.11, compared to a current price of $0.17 — trading 54.5% above its estimated fair value. The current Return-on-Tangible-Equity is 13.91%, which is 42% below median its 10-year median of 24.14 and 1480.7% above the Other Energy Sources industry median of 0.88. PT Bukit Asam (Persero) Tbk's overall GF Score™ is 65/100 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 Bukit Asam (Persero) Tbk (PBATF), the current Return-on-Tangible-Equity is 13.91% 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 Bukit Asam (Persero) Tbk (PBATF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk stock appears to be overvalued. The current stock price of $0.17 is trading 54.5% above its estimated GF Value™ of $0.11. GuruFocus considers PT Bukit Asam (Persero) Tbk to be Significantly Overvalued.

Key valuation signals for PBATF:

  • Return-on-Tangible-Equity: 13.91% (42% below median its 10-year median of 24.14)
  • GF Value™: $0.11 vs. price of $0.17 (54.5% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 1480.7% above the Other Energy Sources median (#29 of 177)

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


PT Bukit Asam (Persero) Tbk Business Description

Address Jalan Parigi No. 1, Tanjung Enim, Muara Enim, South Sumatra, 5d356, Palembang, IDN, 31716
PT Bukit Asam (Persero) Tbk operates in Indonesia's energy sector, managing coal reserves and producing coal for domestic and export markets. The operations of the company include logistics and infrastructure for coal distribution via dedicated routes and railways, downstream processing of coal for power generation and derivative products, and development of renewable energy projects, including solar power (PV) and biomass.
65GF Score

Get the complete analysis for PBATF

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

$0.17
Price
$0.11
GF Value