PT Hanjaya Mandalampoerna Tbk (ISX:HMSP) ROE %: 27.99% (As of Mar. 2026) — Near Median


ISX:HMSP PT Hanjaya Mandala Sampoerna Tbk ISX:HMSP
90 GF Score
Price Rp650.00
GF Value Rp733.48
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT Hanjaya Mandalampoerna Tbk ROE %?

PT Hanjaya Mandalampoerna Tbk ISX:HMSP -1.52% 90 ROE % is 27.99% as of Mar. 2026, which is 4% above its 10-year median of 26.97. GuruFocus rates ISX:HMSP with a GF Score™ of 90/100 and a GF Value™ of Rp733.48 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 45 Tobacco Products companies, PT Hanjaya Mandalampoerna Tbk ranks better than 57.78% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT Hanjaya Mandalampoerna Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp8,224,676 Mil. PT Hanjaya Mandalampoerna Tbk's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was Rp29,388,844 Mil. Therefore, PT Hanjaya Mandalampoerna Tbk's annualized ROE % for the quarter that ended in Mar. 2026 was 27.99%.

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

ISX:HMSP' s ROE % Range Over the Past 10 Years
Min: 22.05   Med: 26.97   Max: 38.98
Current: 24.21

During the past 13 years, PT Hanjaya Mandalampoerna Tbk's highest ROE % was 38.98%. The lowest was 22.05%. And the median was 26.97%.

ISX:HMSP's ROE % is ranked better than
57.78% of 45 companies
in the Tobacco Products industry
Industry Median: 16.13 vs ISX:HMSP: 24.21

PT Hanjaya Mandalampoerna Tbk  (ISX:HMSP) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=8224676/29388843.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8224676 / 108816508)*(108816508 / 51733913.5)*(51733913.5 / 29388843.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.56 %*2.1034*1.7603
=ROA %*Equity Multiplier
=15.9 %*1.7603
=27.99 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=8224676/29388843.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (8224676 / 10578152) * (10578152 / 9960180) * (9960180 / 108816508) * (108816508 / 51733913.5) * (51733913.5 / 29388843.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7775 * 1.062 * 9.15 % * 2.1034 * 1.7603
=27.99 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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 Hanjaya Mandalampoerna Tbk ROE % Related Terms


PT Hanjaya Mandalampoerna Tbk ROE % Historical Data

* Premium members only.

The historical data trend for PT Hanjaya Mandalampoerna 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 Hanjaya Mandalampoerna Tbk ROE % Chart

PT Hanjaya Mandalampoerna Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.02 22.05 27.90 22.83 23.31

PT Hanjaya Mandalampoerna Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 26.17 3.10 37.91 30.72 27.99

ISX:HMSP vs PM, MO, TPB: ROE % Comparison

For the Tobacco subindustry, PT Hanjaya Mandalampoerna 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 Hanjaya Mandalampoerna Tbk ROE % vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, PT Hanjaya Mandalampoerna Tbk's ROE % distribution charts can be found below:

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


ISX:HMSP
90GF Score
PT Hanjaya Mandala Sampoerna Tbk ISX:HMSP
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Hanjaya Mandalampoerna Tbk ROE % Calculation

PT Hanjaya Mandalampoerna Tbk's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=6609456/( (28356427+28350764)/ 2 )
=6609456/28353595.5
=23.31 %

PT Hanjaya Mandalampoerna Tbk's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=8224676/( (28350764+30426923)/ 2 )
=8224676/29388843.5
=27.99 %

* 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 (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 27.99% mean?
PT Hanjaya Mandalampoerna Tbk (ISX:HMSP) has a ROE % of 27.99% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on PT Hanjaya Mandalampoerna Tbk and its competitors. This is near median its historical median of 26.97. Over the past decade, PT Hanjaya Mandalampoerna Tbk's ROE % has ranged from 22.05 to 38.98. According to the industry distribution chart, PT Hanjaya Mandalampoerna Tbk ranks #19 out of 45 companies in the Tobacco Products industry, placing it in the top 42.2%.
Is PT Hanjaya Mandalampoerna Tbk's ROE % too high?
PT Hanjaya Mandalampoerna Tbk's current ROE % of 27.99% is near median its 10-year median of 26.97. Over the past 10 years, this metric has ranged from a low of 22.05 to a high of 38.98. The Tobacco Products industry median ROE % is 16.13. PT Hanjaya Mandalampoerna Tbk's value of 27.99% is 73.5% above this industry median. Based on the distribution chart, PT Hanjaya Mandalampoerna Tbk ranks #19 out of 45 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, PT Hanjaya Mandalampoerna Tbk has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Hanjaya Mandalampoerna Tbk's ROE % compare to PM and MO?
According to the Tobacco Products industry distribution chart, PT Hanjaya Mandalampoerna Tbk ranks #19 out of 45 companies for ROE %. This puts PT Hanjaya Mandalampoerna Tbk in the upper half of its industry. The industry median ROE % is 16.13. PT Hanjaya Mandalampoerna Tbk's value of 27.99% is 73.5% above this benchmark. Historically, PT Hanjaya Mandalampoerna Tbk's own ROE % has ranged from 22.05 to 38.98 over the past decade. While the company's 10-year median is 26.97 vs. the industry median of 16.13, PT Hanjaya Mandalampoerna 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 ROE % for a Tobacco Products company?
The median ROE % among Tobacco Products companies is 16.13, based on 45 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. PT Hanjaya Mandalampoerna Tbk's current ROE % of 27.99% is 73.5% 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 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 Hanjaya Mandalampoerna Tbk and its competitors. For the Tobacco Products industry, the median ROE % is 16.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Hanjaya Mandalampoerna Tbk's current ROE % is 27.99%, which is near median its own 10-year median of 26.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Hanjaya Mandalampoerna Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Hanjaya Mandalampoerna Tbk (ISX:HMSP) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp733.48, compared to a current price of Rp650.00 — trading 11.4% below its estimated fair value. The current ROE % is 27.99%, which is near median its 10-year median of 26.97 and 73.5% above the Tobacco Products industry median of 16.13. PT Hanjaya Mandalampoerna Tbk's overall GF Score™ is 90/100 with 5 warning signs to review. 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 Hanjaya Mandalampoerna Tbk (ISX:HMSP), the current ROE % is 27.99% 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 Hanjaya Mandalampoerna Tbk (ISX:HMSP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Hanjaya Mandalampoerna Tbk stock appears to be undervalued. The current stock price of Rp650.00 is trading 11.4% below its estimated GF Value™ of Rp733.48. GuruFocus considers PT Hanjaya Mandalampoerna Tbk to be Modestly Undervalued.

Key valuation signals for ISX:HMSP:

  • ROE %: 27.99% (near median its 10-year median of 26.97)
  • GF Value™: Rp733.48 vs. price of Rp650.00 (11.4% below fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 73.5% above the Tobacco Products median (#19 of 45)

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


PT Hanjaya Mandalampoerna Tbk Business Description

Other Exchanges PHJMF:USAHSZ:Germany
Address Jalan Rungkut Industri Raya No. 18, Surabaya, IDN, 60293
PT Hanjaya Mandala Sampoerna Tbk is an Indonesian tobacco company. The company produces a number of brands of cigarettes and is well known, such as Sampoerna A, Sampoerna Kretek, Malboro, Magnum, Dji Sam Soe, and others. The scope of activities of the company comprises, among others manufacturing, trading, and distributing cigarettes. The company's flagship brand is Dji Sam Soe Kretek.
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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp650.00
Price
Rp733.48
GF Value