GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PT Quantum Clovera Investama Tbk (ISX:KREN) » Definitions » ROE %

PT Quantum Clovera Investama Tbk (ISX:KREN) ROE % : -1.48% (As of Sep. 2024)


View and export this data going back to 2002. Start your Free Trial

What is PT Quantum Clovera Investama Tbk ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT Quantum Clovera Investama Tbk's annualized net income for the quarter that ended in Sep. 2024 was Rp-2,248 Mil. PT Quantum Clovera Investama Tbk's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was Rp151,554 Mil. Therefore, PT Quantum Clovera Investama Tbk's annualized ROE % for the quarter that ended in Sep. 2024 was -1.48%.

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

ISX:KREN' s ROE % Range Over the Past 10 Years
Min: -56.19   Med: 8.72   Max: 39.86
Current: -19.97

During the past 13 years, PT Quantum Clovera Investama Tbk's highest ROE % was 39.86%. The lowest was -56.19%. And the median was 8.72%.

ISX:KREN's ROE % is ranked worse than
91.5% of 1658 companies
in the Asset Management industry
Industry Median: 7.955 vs ISX:KREN: -19.97

PT Quantum Clovera Investama Tbk ROE % Historical Data

The historical data trend for PT Quantum Clovera Investama 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 Quantum Clovera Investama Tbk ROE % Chart

PT Quantum Clovera Investama 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 5.95 -22.83 -56.19 -21.60 -21.82

PT Quantum Clovera Investama 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 -17.98 -14.04 -25.30 -38.47 -1.48

Competitive Comparison of PT Quantum Clovera Investama Tbk's ROE %

For the Asset Management subindustry, PT Quantum Clovera Investama 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 Quantum Clovera Investama Tbk's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Quantum Clovera Investama Tbk's ROE % distribution charts can be found below:

* The bar in red indicates where PT Quantum Clovera Investama Tbk's ROE % falls into.



PT Quantum Clovera Investama Tbk ROE % Calculation

PT Quantum Clovera Investama 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 )
=-55731.061/( (333250.339+177565.647)/ 2 )
=-55731.061/255407.993
=-21.82 %

PT Quantum Clovera Investama 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 )
=-2248.196/( (151885.79+151221.893)/ 2 )
=-2248.196/151553.8415
=-1.48 %

* 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 Quantum Clovera Investama Tbk  (ISX:KREN) 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
=-2248.196/151553.8415
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2248.196 / 6337055.056)*(6337055.056 / 2836298.8275)*(2836298.8275 / 151553.8415)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.04 %*2.2343*18.7148
=ROA %*Equity Multiplier
=-0.09 %*18.7148
=-1.48 %

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
=-2248.196/151553.8415
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2248.196 / 45909.372) * (45909.372 / 6337055.056) * (6337055.056 / 2836298.8275) * (2836298.8275 / 151553.8415)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= -0.049 * 0.72 % * 2.2343 * 18.7148
=-1.48 %

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 Quantum Clovera Investama Tbk ROE % Related Terms

Thank you for viewing the detailed overview of PT Quantum Clovera Investama Tbk's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Quantum Clovera Investama Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jendral Sudirman Kavling 52 - 53, Tower B, 9th Floor, 18 Parc Place, Sudirman Central Business District, Jakarta, IDN, 12190
PT Quantum Clovera Investama Tbk is an Indonesia-based integrated financial services and digital technology company. The company provides a wide range of financial services, including equities and fixed-income trading, investment banking and underwriting, and investment management. The company operates via branch offices across Indonesia. The company is involved in e-commerce infrastructure and enabler businesses as well, such as e-wallet and satellite-based technology. Its segment comprises Financial and investment and Technology and Digital.

PT Quantum Clovera Investama Tbk Headlines

No Headlines