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PT Pembangunan Perumahan (Persero) Tbk (ISX:PTPP) Return-on-Tangible-Asset : 0.75% (As of Mar. 2024)


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What is PT Pembangunan Perumahan (Persero) Tbk Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. PT Pembangunan Perumahan (Persero) Tbk's annualized Net Income for the quarter that ended in Mar. 2024 was Rp378,403 Mil. PT Pembangunan Perumahan (Persero) Tbk's average total tangible assets for the quarter that ended in Mar. 2024 was Rp50,459,535 Mil. Therefore, PT Pembangunan Perumahan (Persero) Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was 0.75%.

The historical rank and industry rank for PT Pembangunan Perumahan (Persero) Tbk's Return-on-Tangible-Asset or its related term are showing as below:

ISX:PTPP' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.31   Med: 2.43   Max: 4.39
Current: 1.05

During the past 13 years, PT Pembangunan Perumahan (Persero) Tbk's highest Return-on-Tangible-Asset was 4.39%. The lowest was 0.31%. And the median was 2.43%.

ISX:PTPP's Return-on-Tangible-Asset is ranked worse than
65.43% of 1666 companies
in the Construction industry
Industry Median: 2.72 vs ISX:PTPP: 1.05

PT Pembangunan Perumahan (Persero) Tbk Return-on-Tangible-Asset Historical Data

The historical data trend for PT Pembangunan Perumahan (Persero) Tbk's Return-on-Tangible-Asset 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 Pembangunan Perumahan (Persero) Tbk Return-on-Tangible-Asset Chart

PT Pembangunan Perumahan (Persero) Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 0.31 0.52 0.52 0.94

PT Pembangunan Perumahan (Persero) Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Asset 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 0.26 0.48 1.09 1.87 0.75

Competitive Comparison of PT Pembangunan Perumahan (Persero) Tbk's Return-on-Tangible-Asset

For the Engineering & Construction subindustry, PT Pembangunan Perumahan (Persero) Tbk's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Pembangunan Perumahan (Persero) Tbk's Return-on-Tangible-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Pembangunan Perumahan (Persero) Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Pembangunan Perumahan (Persero) Tbk's Return-on-Tangible-Asset falls into.



PT Pembangunan Perumahan (Persero) Tbk Return-on-Tangible-Asset Calculation

PT Pembangunan Perumahan (Persero) Tbk's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=481365.878/( (52090543.89+50395551.186)/ 2 )
=481365.878/51243047.538
=0.94 %

PT Pembangunan Perumahan (Persero) Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=378403.348/( (50395551.186+50523519.8)/ 2 )
=378403.348/50459535.493
=0.75 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2024) net income data.


PT Pembangunan Perumahan (Persero) Tbk  (ISX:PTPP) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


PT Pembangunan Perumahan (Persero) Tbk Return-on-Tangible-Asset Related Terms

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PT Pembangunan Perumahan (Persero) Tbk (ISX:PTPP) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Letjend,TB. Simatupang No. 57, Plaza PP - Gedung Wisma Subiyanto, Pasar Rebo, Jakarta, IDN, 13760
PT Pembangunan Perumahan (Persero) Tbk provides construction services. The company organizes itself into six segments: construction, property and real estate, EPC (engineering, procurement, and construction), precast, equipment, and energy. The construction segments, which contribute a maximum of the revenue, offer public construction services, including building airports, dams, railways, and other structures. In the other segments, the company creates and sells construction equipment and materials, develops and operates buildings, and works on projects in the energy, oil, gas, and mining sectors. The company's headquarters are in Indonesia and derives the majority of its revenue domestically.

PT Pembangunan Perumahan (Persero) Tbk (ISX:PTPP) Headlines

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