PIKQF (PT Indah Kiat Pulp & Paper Tbk) Return-on-Tangible-Equity: 9.09% (As of Mar. 2026) — 25% Above Median


PIKQF PT Indah Kiat Pulp & Paper Tbk PIKQF
97 GF Score
Price $0.53
GF Value $0.68
! 4 Warning Signs
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What is PT Indah Kiat Pulp & Paper Tbk Return-on-Tangible-Equity?

PT Indah Kiat Pulp & Paper Tbk PIKQF 97 Return-on-Tangible-Equity is 9.09% as of Mar. 2026, which is 25% above its 10-year median of 7.25. GuruFocus rates PIKQF with a GF Score™ of 97/100 and a GF Value™ of $0.68. The stock has 4 warning signs investors should review. Among 280 Forest Products companies, PT Indah Kiat Pulp & Paper Tbk ranks better than 76.07% 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 Indah Kiat Pulp & Paper Tbk's annualized net income for the quarter that ended in Mar. 2026 was $624 Mil. PT Indah Kiat Pulp & Paper Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $6,868 Mil. Therefore, PT Indah Kiat Pulp & Paper Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.09%.

The historical rank and industry rank for PT Indah Kiat Pulp & Paper Tbk's Return-on-Tangible-Equity or its related term are showing as below:

PIKQF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.94   Med: 7.25   Max: 17.35
Current: 7.07

During the past 13 years, PT Indah Kiat Pulp & Paper Tbk's highest Return-on-Tangible-Equity was 17.35%. The lowest was 6.94%. And the median was 7.25%.

PIKQF's Return-on-Tangible-Equity is ranked better than
76.07% of 280 companies
in the Forest Products industry
Industry Median: 2.145 vs PIKQF: 7.07

PT Indah Kiat Pulp & Paper Tbk  (OTCPK:PIKQF) 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 Indah Kiat Pulp & Paper Tbk Return-on-Tangible-Equity Related Terms


PT Indah Kiat Pulp & Paper Tbk Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk Return-on-Tangible-Equity Chart

PT Indah Kiat Pulp & Paper 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 11.67 16.61 7.14 6.89 6.90

PT Indah Kiat Pulp & Paper 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 8.72 1.45 9.86 7.58 9.09

PIKQF vs SLVM: Return-on-Tangible-Equity Comparison

For the Paper & Paper Products subindustry, PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk Return-on-Tangible-Equity vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Indah Kiat Pulp & Paper Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Indah Kiat Pulp & Paper Tbk's Return-on-Tangible-Equity falls into.


PIKQF
97GF Score
PT Indah Kiat Pulp & Paper Tbk PIKQF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indah Kiat Pulp & Paper Tbk Return-on-Tangible-Equity Calculation

PT Indah Kiat Pulp & Paper 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 )
=453.348/( (6353.979+6789.569 )/ 2 )
=453.348/6571.774
=6.90 %

PT Indah Kiat Pulp & Paper 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 )
=624.452/( (6789.569+6945.45)/ 2 )
=624.452/6867.5095
=9.09 %

* 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 9.09% mean?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a Return-on-Tangible-Equity of 9.09% 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 Indah Kiat Pulp & Paper Tbk and its competitors. This is 25% above median its historical median of 7.25. Over the past decade, PT Indah Kiat Pulp & Paper Tbk's Return-on-Tangible-Equity has ranged from 6.94 to 17.35. According to the industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #67 out of 280 companies in the Forest Products industry, placing it in the top 23.9%.
Is PT Indah Kiat Pulp & Paper Tbk's Return-on-Tangible-Equity too high?
PT Indah Kiat Pulp & Paper Tbk's current Return-on-Tangible-Equity of 9.09% is 25% above median its 10-year median of 7.25. Over the past 10 years, this metric has ranged from a low of 6.94 to a high of 17.35. The Forest Products industry median Return-on-Tangible-Equity is 2.15. PT Indah Kiat Pulp & Paper Tbk's value of 9.09% is 323.8% above this industry median. Based on the distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #67 out of 280 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, PT Indah Kiat Pulp & Paper Tbk has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does PT Indah Kiat Pulp & Paper Tbk's Return-on-Tangible-Equity compare to SLVM?
According to the Forest Products industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #67 out of 280 companies for Return-on-Tangible-Equity. This places PT Indah Kiat Pulp & Paper Tbk in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 2.15. PT Indah Kiat Pulp & Paper Tbk's value of 9.09% is 323.8% above this benchmark. Historically, PT Indah Kiat Pulp & Paper Tbk's own Return-on-Tangible-Equity has ranged from 6.94 to 17.35 over the past decade. While the company's 10-year median is 7.25 vs. the industry median of 2.15, PT Indah Kiat Pulp & Paper 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 a Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.15, based on 280 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 Indah Kiat Pulp & Paper Tbk's current Return-on-Tangible-Equity of 9.09% is 323.8% 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 Indah Kiat Pulp & Paper Tbk and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indah Kiat Pulp & Paper Tbk's current Return-on-Tangible-Equity is 9.09%, which is 25% above median its own 10-year median of 7.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indah Kiat Pulp & Paper Tbk stock overvalued right now?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a current Return-on-Tangible-Equity of 9.09%. The stock's GF Value™ is $0.68, compared to a current price of $0.53 — trading 22% below its estimated fair value. The current Return-on-Tangible-Equity is 9.09%, which is 25% above median its 10-year median of 7.25 and 323.8% above the Forest Products industry median of 2.15. PT Indah Kiat Pulp & Paper Tbk's overall GF Score™ is 97/100 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 PT Indah Kiat Pulp & Paper Tbk (PIKQF), the current Return-on-Tangible-Equity is 9.09% 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 Indah Kiat Pulp & Paper Tbk (PIKQF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indah Kiat Pulp & Paper Tbk stock appears to be undervalued. The current stock price of $0.53 is trading 22% below its estimated GF Value™ of $0.68.

Key valuation signals for PIKQF:

  • Return-on-Tangible-Equity: 9.09% (25% above median its 10-year median of 7.25)
  • GF Value™: $0.68 vs. price of $0.53 (22% below fair value)
  • GF Score™: 97/100 with 4 warning signs
  • Industry Position: 323.8% above the Forest Products median (#67 of 280)

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


PT Indah Kiat Pulp & Paper Tbk Business Description

Other Exchanges INKP:IndonesiaIKP:Germany
Address Jalan M.H. Thamrin No. 51, Tower 2, 9th Floor, Building Sinar Mas Land Plaza, Jakarta, IDN, 10350
PT Indah Kiat Pulp & Paper Tbk manufactures paper, pulp, and packaging paper. The company's operating segments are: cultural paper and pulp, which derives maximum revenue; and industrial paper and tissue products. Its cultural paper and pulp products segment consists of cultural paper and other related cultural paper products and pulp. The industrial paper and tissue products segment consists of linerboard, corrugating medium, corrugated shipping containers, and boxboard. Geographically, the company generates maximum revenue from Indonesia, and the rest from Asia, Europe, America, the Middle East, Africa, and Australia.
97GF Score

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

$0.53
Price
$0.68
GF Value