GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Menthobi Karyatama Raya Tbk (ISX:MKTR) » Definitions » Return-on-Tangible-Equity

PT Menthobi Karyatama Raya Tbk (ISX:MKTR) Return-on-Tangible-Equity : 3.31% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is PT Menthobi Karyatama Raya Tbk Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. PT Menthobi Karyatama Raya Tbk's annualized net income for the quarter that ended in Mar. 2024 was Rp18,700 Mil. PT Menthobi Karyatama Raya Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2024 was Rp564,853 Mil. Therefore, PT Menthobi Karyatama Raya Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 3.31%.

The historical rank and industry rank for PT Menthobi Karyatama Raya Tbk's Return-on-Tangible-Equity or its related term are showing as below:

ISX:MKTR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.04   Med: 8.2   Max: 16.94
Current: 9.8

During the past 5 years, PT Menthobi Karyatama Raya Tbk's highest Return-on-Tangible-Equity was 16.94%. The lowest was -0.04%. And the median was 8.20%.

ISX:MKTR's Return-on-Tangible-Equity is ranked better than
56.98% of 1790 companies
in the Consumer Packaged Goods industry
Industry Median: 7.74 vs ISX:MKTR: 9.80

PT Menthobi Karyatama Raya Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Menthobi Karyatama Raya Tbk's Return-on-Tangible-Equity 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 Menthobi Karyatama Raya Tbk Return-on-Tangible-Equity Chart

PT Menthobi Karyatama Raya Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
-0.04 - 7.12 16.94 9.28

PT Menthobi Karyatama Raya Tbk Quarterly Data
Dec19 Dec20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.79 1.60 18.93 16.01 3.31

Competitive Comparison of PT Menthobi Karyatama Raya Tbk's Return-on-Tangible-Equity

For the Farm Products subindustry, PT Menthobi Karyatama Raya Tbk's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Menthobi Karyatama Raya Tbk's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Menthobi Karyatama Raya Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Menthobi Karyatama Raya Tbk's Return-on-Tangible-Equity falls into.



PT Menthobi Karyatama Raya Tbk Return-on-Tangible-Equity Calculation

PT Menthobi Karyatama Raya Tbk's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=51241.374/( (542050.461+562246.96 )/ 2 )
=51241.374/552148.7105
=9.28 %

PT Menthobi Karyatama Raya Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=18700.028/( (562246.96+567458.287)/ 2 )
=18700.028/564852.6235
=3.31 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.


PT Menthobi Karyatama Raya Tbk  (ISX:MKTR) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


PT Menthobi Karyatama Raya Tbk Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of PT Menthobi Karyatama Raya Tbk's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Menthobi Karyatama Raya Tbk (ISX:MKTR) Business Description

Traded in Other Exchanges
N/A
Address
Gedung Wisma Maktour Lt.4, Jalan Otto Iskandardinata No. 80, Jakarta Timur, IDN, 13330
PT Menthobi Karyatama Raya Tbk focuses on the management of plantation products. The Group presented three operating segments, being crude palm oil, palm kernel and fresh fruit bunches.

PT Menthobi Karyatama Raya Tbk (ISX:MKTR) Headlines

No Headlines