PT Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) ROE %: 14.52% (As of Mar. 2026) — 26% Above Median


ISX:SMAR PT Sinar Mas Agro Resources & Technology Tbk ISX:SMAR
84 GF Score
Price Rp4,750.00
GF Value Rp4,992.78
Valuation Fairly Valued
! 3 Warning Signs
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What is PT Sinar Mas Agro Resources & Technology Tbk ROE %?

PT Sinar Mas Agro Resources & Technology Tbk ISX:SMAR -2.86% 84 ROE % is 14.52% as of Mar. 2026, which is 26% above its 10-year median of 11.50. GuruFocus rates ISX:SMAR with a GF Score™ of 84/100 and a GF Value™ of Rp4,992.78 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,914 Consumer Packaged Goods companies, PT Sinar Mas Agro Resources & Technology Tbk ranks better than 77.53% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT Sinar Mas Agro Resources & Technology Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp3,318,084 Mil. PT Sinar Mas Agro Resources & Technology Tbk's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was Rp22,844,685 Mil. Therefore, PT Sinar Mas Agro Resources & Technology Tbk's annualized ROE % for the quarter that ended in Mar. 2026 was 14.52%.

The historical rank and industry rank for PT Sinar Mas Agro Resources & Technology Tbk's ROE % or its related term are showing as below:

ISX:SMAR' s ROE % Range Over the Past 10 Years
Min: 4.79   Med: 11.5   Max: 32.7
Current: 15.22

During the past 13 years, PT Sinar Mas Agro Resources & Technology Tbk's highest ROE % was 32.70%. The lowest was 4.79%. And the median was 11.50%.

ISX:SMAR's ROE % is ranked better than
77.53% of 1914 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs ISX:SMAR: 15.22

PT Sinar Mas Agro Resources & Technology Tbk  (ISX:SMAR) 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
=3318084/22844685
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3318084 / 82936956)*(82936956 / 45548284.5)*(45548284.5 / 22844685)
=Net Margin %*Asset Turnover*Equity Multiplier
=4 %*1.8209*1.9938
=ROA %*Equity Multiplier
=7.28 %*1.9938
=14.52 %

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
=3318084/22844685
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3318084 / 4146732) * (4146732 / 5299208) * (5299208 / 82936956) * (82936956 / 45548284.5) * (45548284.5 / 22844685)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8002 * 0.7825 * 6.39 % * 1.8209 * 1.9938
=14.52 %

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 Sinar Mas Agro Resources & Technology Tbk ROE % Related Terms


PT Sinar Mas Agro Resources & Technology Tbk ROE % Historical Data

* Premium members only.

The historical data trend for PT Sinar Mas Agro Resources & Technology 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 Sinar Mas Agro Resources & Technology Tbk ROE % Chart

PT Sinar Mas Agro Resources & Technology 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 21.00 32.70 4.79 6.57 12.22

PT Sinar Mas Agro Resources & Technology 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 2.69 13.61 14.72 18.01 14.52

ISX:SMAR vs ADM, BG, TSN: ROE % Comparison

For the Farm Products subindustry, PT Sinar Mas Agro Resources & Technology 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 Sinar Mas Agro Resources & Technology Tbk ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Sinar Mas Agro Resources & Technology Tbk's ROE % distribution charts can be found below:

* The bar in red indicates where PT Sinar Mas Agro Resources & Technology Tbk's ROE % falls into.


ISX:SMAR
84GF Score
PT Sinar Mas Agro Resources & Technology Tbk ISX:SMAR
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Sinar Mas Agro Resources & Technology Tbk ROE % Calculation

PT Sinar Mas Agro Resources & Technology 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 )
=2584906/( (19869434+22420231)/ 2 )
=2584906/21144832.5
=12.22 %

PT Sinar Mas Agro Resources & Technology 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 )
=3318084/( (22420231+23269139)/ 2 )
=3318084/22844685
=14.52 %

* 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 14.52% mean?
PT Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) has a ROE % of 14.52% 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 Sinar Mas Agro Resources & Technology Tbk and its competitors. This is 26% above median its historical median of 11.50. Over the past decade, PT Sinar Mas Agro Resources & Technology Tbk's ROE % has ranged from 4.79 to 32.70. According to the industry distribution chart, PT Sinar Mas Agro Resources & Technology Tbk ranks #430 out of 1914 companies in the Consumer Packaged Goods industry, placing it in the top 22.5%.
Is PT Sinar Mas Agro Resources & Technology Tbk's ROE % too high?
PT Sinar Mas Agro Resources & Technology Tbk's current ROE % of 14.52% is 26% above median its 10-year median of 11.50. Over the past 10 years, this metric has ranged from a low of 4.79 to a high of 32.70. The Consumer Packaged Goods industry median ROE % is 6.72. PT Sinar Mas Agro Resources & Technology Tbk's value of 14.52% is 116.1% above this industry median. Based on the distribution chart, PT Sinar Mas Agro Resources & Technology Tbk ranks #430 out of 1914 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PT Sinar Mas Agro Resources & Technology Tbk has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Sinar Mas Agro Resources & Technology Tbk's ROE % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Sinar Mas Agro Resources & Technology Tbk ranks #430 out of 1914 companies for ROE %. This places PT Sinar Mas Agro Resources & Technology Tbk in the top 23% of its industry — outperforming the majority of peers. The industry median ROE % is 6.72. PT Sinar Mas Agro Resources & Technology Tbk's value of 14.52% is 116.1% above this benchmark. Historically, PT Sinar Mas Agro Resources & Technology Tbk's own ROE % has ranged from 4.79 to 32.70 over the past decade. While the company's 10-year median is 11.50 vs. the industry median of 6.72, PT Sinar Mas Agro Resources & Technology 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,914 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 Sinar Mas Agro Resources & Technology Tbk's current ROE % of 14.52% is 116.1% 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 Sinar Mas Agro Resources & Technology 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 Sinar Mas Agro Resources & Technology Tbk's current ROE % is 14.52%, which is 26% above median its own 10-year median of 11.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sinar Mas Agro Resources & Technology Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) is currently considered Fairly Valued. The stock's GF Value™ is Rp4,992.78, compared to a current price of Rp4,750.00 — trading 4.9% below its estimated fair value. The current ROE % is 14.52%, which is 26% above median its 10-year median of 11.50 and 116.1% above the Consumer Packaged Goods industry median of 6.72. PT Sinar Mas Agro Resources & Technology Tbk's overall GF Score™ is 84/100 with 3 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 Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR), the current ROE % is 14.52% 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 Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Sinar Mas Agro Resources & Technology Tbk stock appears to be undervalued. The current stock price of Rp4,750.00 is trading 4.9% below its estimated GF Value™ of Rp4,992.78. GuruFocus considers PT Sinar Mas Agro Resources & Technology Tbk to be Fairly Valued.

Key valuation signals for ISX:SMAR:

  • ROE %: 14.52% (26% above median its 10-year median of 11.50)
  • GF Value™: Rp4,992.78 vs. price of Rp4,750.00 (4.9% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 116.1% above the Consumer Packaged Goods median (#430 of 1914)

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


PT Sinar Mas Agro Resources & Technology Tbk Business Description

Address Jalan MH Thamrin No. 51, Tower II, 28th-30th Floor, Sinar Mas Land Plaza, Jakarta, IDN, 10350
PT Sinar Mas Agro Resources & Technology Tbk is involved in the business of cultivating and harvesting oil palm trees, extracting fresh fruit bunches into crude palm oil and palm kernel, processing it into value-added products such as cooking oil, margarine, shortening, oleochemicals, and biodiesel. The firm's products include cooking oil, fat, margarine, crude palm oil, palm kernel, cocoa butter substitute, etc. Its scope of activities comprises plantation development, agriculture, trading, refining of plantation products, management services, and research related to the business.
84GF Score

Get the complete analysis for ISX:SMAR

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp4,750.00
Price
Rp4,992.78
GF Value