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ISX:SMGA's ROA % is not ranked *
in the Metals & Mining industry.
Industry Median: -16.81 * Ranked among companies with meaningful ROA % only.
PT Sumber Mineral Global Abadi Tbk (ISX:SMGA) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is one times the annual (. 20) net income data. The Revenue data used here is one times the annual (. 20) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
PT Sumber Mineral Global Abadi Tbk ROA % Related Terms
PT Sumber Mineral Global Abadi Tbk ROA % 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.
PT Sumber Mineral Global Abadi Tbk ROA % Chart
PT Sumber Mineral Global Abadi Tbk Annual Data
Trend
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PT Sumber Mineral Global Abadi Tbk Semi-Annual Data
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PT Sumber Mineral Global Abadi Tbk ROA % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, PT Sumber Mineral Global Abadi Tbk's ROA %, along with its competitors' market caps and ROA % 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 Sumber Mineral Global Abadi Tbk ROA % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, PT Sumber Mineral Global Abadi Tbk's ROA % distribution charts can be found below:
* The bar in red indicates where PT Sumber Mineral Global Abadi Tbk's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is one times the annual (. 20) net income data.
ROA % is displayed in the 30-year financial page.
PT Sumber Mineral Global Abadi Tbk (ISX:SMGA) has a ROA % of 0.00% as of . 20. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on PT Sumber Mineral Global Abadi Tbk and its competitors. According to the industry distribution chart, PT Sumber Mineral Global Abadi Tbk ranks #999999 out of 2667 companies in the Metals & Mining industry.
Is PT Sumber Mineral Global Abadi Tbk's ROA % too high?
PT Sumber Mineral Global Abadi Tbk's current ROA % is 0.00%. Based on the distribution chart, PT Sumber Mineral Global Abadi Tbk ranks #999999 out of 2667 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does PT Sumber Mineral Global Abadi Tbk's ROA % compare to competitors?
According to the Metals & Mining industry distribution chart, PT Sumber Mineral Global Abadi Tbk ranks #999999 out of 2667 companies for ROA %. This places PT Sumber Mineral Global Abadi Tbk in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on PT Sumber Mineral Global Abadi Tbk and its competitors. PT Sumber Mineral Global Abadi Tbk's current ROA % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sumber Mineral Global Abadi Tbk stock overvalued right now?
PT Sumber Mineral Global Abadi Tbk (ISX:SMGA) has a current ROA % of 0.00%. The current ROA % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For PT Sumber Mineral Global Abadi Tbk (ISX:SMGA), the current ROA % is 0.00% as of . 20. 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.
PT Sumber Mineral Global Abadi Tbk Business Description
PT Sumber Mineral Global Abadi Tbk is engaged in the trading of nickel, Limestone and coal for the domestic market in Indonesia. The Company's business activities include metal and ore trading, sand and nickel trading, cement, lime, sand, stone wholesale trade, solid-liquid fuel and gas wholesale trading and products. Its segment includes nickel, coal, sand and limestone trading. The company generates key revenue from the coal trading segment.
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