The historical rank and industry rank for PT Pabrik Kertas Tjiwi Kimia Tbk's Return-on-Tangible-Asset or its related term are showing as below:
ISX:TKIM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.06 Med: 4.86 Max: 14.61
Current: 7.49
During the past 13 years, PT Pabrik Kertas Tjiwi Kimia Tbk's highest Return-on-Tangible-Asset was 14.61%. The lowest was 0.06%. And the median was 4.86%.
ISX:TKIM's Return-on-Tangible-Asset is ranked better than 81.97% of 294
companies
in the Forest Products industry
Industry Median: 1.645
vs ISX:TKIM: 7.49
PT Pabrik Kertas Tjiwi Kimia Tbk Return-on-Tangible-Asset Historical Data
* 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 Pabrik Kertas Tjiwi Kimia Tbk Return-on-Tangible-Asset Chart
Competitive Comparison of PT Pabrik Kertas Tjiwi Kimia Tbk's Return-on-Tangible-Asset
For the Paper & Paper Products subindustry, PT Pabrik Kertas Tjiwi Kimia 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 Pabrik Kertas Tjiwi Kimia Tbk's Return-on-Tangible-Asset Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, PT Pabrik Kertas Tjiwi Kimia Tbk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PT Pabrik Kertas Tjiwi Kimia Tbk's Return-on-Tangible-Asset falls into.
PT Pabrik Kertas Tjiwi Kimia Tbk Return-on-Tangible-Asset Calculation
PT Pabrik Kertas Tjiwi Kimia Tbk's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:
* 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 Pabrik Kertas Tjiwi Kimia Tbk (ISX:TKIM) 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 companys 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 companys 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 Pabrik Kertas Tjiwi Kimia Tbk Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of PT Pabrik Kertas Tjiwi Kimia Tbk's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Pabrik Kertas Tjiwi Kimia Tbk (ISX:TKIM) Business Description
PT Pabrik Kertas Tjiwi Kimia Tbk is engaged in paper and stationery manufacturing with its main product such as printed paper, coated, and carbonless. The company also produces a wide range of converted stationery and office products such as exercise books, writing pad, loose-leaf, spiral, envelope, computer form, gift wrapping paper, and shopping bag. It operates in two business segments that are Cultural paper products, and Industrial paper products and others. The Cultural paper products segment consists primarily of printing and writing paper and related paper products; the Industrial paper segment consists of fluting medium paper and carton boxes; The other product segment includes the sale of the chemical by-product.
PT Pabrik Kertas Tjiwi Kimia Tbk (ISX:TKIM) Headlines
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