PT Golden Plantation Tbk (ISX:GOLL) ROE %: -3.02% (As of Sep. 2021)


What is PT Golden Plantation Tbk ROE %?

PT Golden Plantation Tbk ISX:GOLL ROE % is -3.02% as of Sep. 2021.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT Golden Plantation Tbk's annualized net income for the quarter that ended in Sep. 2021 was Rp-5,737 Mil. PT Golden Plantation Tbk's average Total Stockholders Equity over the quarter that ended in Sep. 2021 was Rp190,008 Mil. Therefore, PT Golden Plantation Tbk's annualized ROE % for the quarter that ended in Sep. 2021 was -3.02%.

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

ISX:GOLL's ROE % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.72
* Ranked among companies with meaningful ROE % only.

PT Golden Plantation Tbk  (ISX:GOLL) 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. 2021 )
=Net Income/Total Stockholders Equity
=-5737.356/190008.0185
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5737.356 / 3875.908)*(3875.908 / 479374.3045)*(479374.3045 / 190008.0185)
=Net Margin %*Asset Turnover*Equity Multiplier
=-148.03 %*0.0081*2.5229
=ROA %*Equity Multiplier
=-1.2 %*2.5229
=-3.02 %

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. 2021 )
=Net Income/Total Stockholders Equity
=-5737.356/190008.0185
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-5737.356 / -5749.788) * (-5749.788 / -3194.136) * (-3194.136 / 3875.908) * (3875.908 / 479374.3045) * (479374.3045 / 190008.0185)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9978 * 1.8001 * -82.41 % * 0.0081 * 2.5229
=-3.02 %

Note: The net income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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 Golden Plantation Tbk ROE % Related Terms


PT Golden Plantation Tbk ROE % Historical Data

* Premium members only.

The historical data trend for PT Golden Plantation 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.

PT Golden Plantation Tbk ROE % Chart

PT Golden Plantation Tbk Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Get a 7-Day Free Trial 0.12 -3.98 -17.02 -10.31 -87.46

PT Golden Plantation Tbk Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -3.93 -25.73 -3.34 -2.73 -3.02

PT Golden Plantation Tbk ROE % Competitor Comparison

For the Farm Products subindustry, PT Golden Plantation 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 Golden Plantation Tbk ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Golden Plantation Tbk's ROE % distribution charts can be found below:

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



PT Golden Plantation Tbk ROE % Calculation

PT Golden Plantation Tbk's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=-302025.577/( (497017.085+193641.941)/ 2 )
=-302025.577/345329.513
=-87.46 %

PT Golden Plantation Tbk's annualized ROE % for the quarter that ended in Sep. 2021 is calculated as

ROE %=Net Income (Q: Sep. 2021 )/( (Total Stockholders Equity (Q: Jun. 2021 )+Total Stockholders Equity (Q: Sep. 2021 ))/ count )
=-5737.356/( (190725.188+189290.849)/ 2 )
=-5737.356/190008.0185
=-3.02 %

* 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. 2021) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -3.02% mean?
PT Golden Plantation Tbk (ISX:GOLL) has a ROE % of -3.02% as of Sep. 2021. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on PT Golden Plantation Tbk and its competitors.
Is PT Golden Plantation Tbk's ROE % too high?
PT Golden Plantation Tbk's current ROE % is -3.02%.
How does PT Golden Plantation Tbk's ROE % compare to competitors?
PT Golden Plantation Tbk's ROE % of -3.02% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROE % is 6.72. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,916 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on PT Golden Plantation Tbk and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Golden Plantation Tbk's current ROE % is -3.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Golden Plantation Tbk stock overvalued right now?
PT Golden Plantation Tbk (ISX:GOLL) has a current ROE % of -3.02%. The current ROE % is -3.02%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For PT Golden Plantation Tbk (ISX:GOLL), the current ROE % is -3.02% as of Sep. 2021. 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 Golden Plantation Tbk Business Description

Address Jalan Dr. Ide Anak Agung Gde Agung Kav.E.1.2 No.1 & 2, Plaza Mutiara building 8th Floor, Suite 801, Mega Kuningan, East Kuningan, Setiabudi, South Jakarta, Jakarta, IDN, 12950
PT Golden Plantation Tbk is engaged in the manufacturing of palm oil. The company's operating segment is palm oil plantations located in several areas in Indonesia. The company has around nine oil palm plantations, located in South Kalimantan, Central Kalimantan, West Kalimantan, Riau, South Sumatra, and Jambi. The sale of crude palm oil generates maximum revenue for the company. The company sells three products as principal sales, namely Crude Palm Oil, Fresh Fruit Bunches, and Palm Kernel.