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PT Blue Bird Tbk (ISX:BIRD) ROE % : 12.29% (As of Sep. 2024)


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What is PT Blue Bird Tbk ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT Blue Bird Tbk's annualized net income for the quarter that ended in Sep. 2024 was Rp693,184 Mil. PT Blue Bird Tbk's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was Rp5,642,185 Mil. Therefore, PT Blue Bird Tbk's annualized ROE % for the quarter that ended in Sep. 2024 was 12.29%.

The historical rank and industry rank for PT Blue Bird Tbk's ROE % or its related term are showing as below:

ISX:BIRD' s ROE % Range Over the Past 10 Years
Min: -3.09   Med: 8.71   Max: 31.31
Current: 9.49

During the past 11 years, PT Blue Bird Tbk's highest ROE % was 31.31%. The lowest was -3.09%. And the median was 8.71%.

ISX:BIRD's ROE % is ranked better than
53.37% of 950 companies
in the Transportation industry
Industry Median: 8.91 vs ISX:BIRD: 9.49

PT Blue Bird Tbk ROE % Historical Data

The historical data trend for PT Blue Bird Tbk's ROE % 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.

* Premium members only.

PT Blue Bird Tbk ROE % Chart

PT Blue Bird Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.99 -3.09 0.15 6.96 8.41

PT Blue Bird Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROE % 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 7.50 6.76 8.30 10.52 12.29

Competitive Comparison of PT Blue Bird Tbk's ROE %

For the Railroads subindustry, PT Blue Bird Tbk's ROE %, along with its competitors' market caps and ROE % 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 Blue Bird Tbk's ROE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Blue Bird Tbk's ROE % distribution charts can be found below:

* The bar in red indicates where PT Blue Bird Tbk's ROE % falls into.



PT Blue Bird Tbk ROE % Calculation

PT Blue Bird Tbk's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=452970/( (5248205+5520218)/ 2 )
=452970/5384211.5
=8.41 %

PT Blue Bird Tbk's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=693184/( (5555537+5728833)/ 2 )
=693184/5642185
=12.29 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


PT Blue Bird Tbk  (ISX:BIRD) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=693184/5642185
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(693184 / 5344720)*(5344720 / 7815764.5)*(7815764.5 / 5642185)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.97 %*0.6838*1.3852
=ROA %*Equity Multiplier
=8.87 %*1.3852
=12.29 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=693184/5642185
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (693184 / 893400) * (893400 / 767244) * (767244 / 5344720) * (5344720 / 7815764.5) * (7815764.5 / 5642185)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7759 * 1.1644 * 14.36 % * 0.6838 * 1.3852
=12.29 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


PT Blue Bird Tbk ROE % Related Terms

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PT Blue Bird Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Bojong Indah Raya No. 6A, Kel. Rawa Buaya, Kec. Cengkareng, Jakarta Barat, Jakarta, IDN, 11740
PT Blue Bird Tbk is an Indonesia-based company providing taxi transportation services. The company operates in segments namely the Taxi segment and Non-taxi segment. The taxi segment consists of a regular taxi and an executive taxi. The non-taxi segment consists of Limosine Car Rentals and Chartered Bus. The majority of the company's revenue comes from the Taxi segment. The company provides regular and executive taxi services with the brand of Blue Bird and Pusaka for regular taxis and Silver Bird for executive taxis.