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PT Panin Sekuritas Tbk (ISX:PANS) Return-on-Tangible-Equity : 14.02% (As of Mar. 2024)


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What is PT Panin Sekuritas 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 Panin Sekuritas Tbk's annualized net income for the quarter that ended in Mar. 2024 was Rp217,342 Mil. PT Panin Sekuritas Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2024 was Rp1,550,453 Mil. Therefore, PT Panin Sekuritas Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 14.02%.

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

ISX:PANS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.48   Med: 10.36   Max: 31.23
Current: 9.86

During the past 13 years, PT Panin Sekuritas Tbk's highest Return-on-Tangible-Equity was 31.23%. The lowest was 5.48%. And the median was 10.36%.

ISX:PANS's Return-on-Tangible-Equity is ranked better than
62.29% of 769 companies
in the Capital Markets industry
Industry Median: 5.66 vs ISX:PANS: 9.86

PT Panin Sekuritas Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Panin Sekuritas 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 Panin Sekuritas Tbk Return-on-Tangible-Equity Chart

PT Panin Sekuritas Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.78 6.25 10.94 16.61 8.45

PT Panin Sekuritas 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-Equity 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 8.42 14.14 7.58 3.84 14.02

Competitive Comparison of PT Panin Sekuritas Tbk's Return-on-Tangible-Equity

For the Capital Markets subindustry, PT Panin Sekuritas 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 Panin Sekuritas Tbk's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PT Panin Sekuritas Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Panin Sekuritas Tbk's Return-on-Tangible-Equity falls into.



PT Panin Sekuritas Tbk Return-on-Tangible-Equity Calculation

PT Panin Sekuritas 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 )
=130419.502/( (1564176.289+1523284.889 )/ 2 )
=130419.502/1543730.589
=8.45 %

PT Panin Sekuritas 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 )
=217341.904/( (1523284.889+1577620.365)/ 2 )
=217341.904/1550452.627
=14.02 %

* 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 Panin Sekuritas Tbk  (ISX:PANS) 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 Panin Sekuritas Tbk Return-on-Tangible-Equity Related Terms

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PT Panin Sekuritas Tbk (ISX:PANS) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jendral Sudirman Kav. 52-53, Suite 1705, 17th Floor, Gedung Bursa Efek Indonesia (BEI) - Tower II, Jakarta, IDN, 12190
PT Panin Sekuritas Tbk is engaged in the capital markets business sector. The company is engaged in providing services like broker dealing, corporate finance, asset management, research, online trading, Sharia online trading, education, and others. The operating segments of the company include Brokerage and underwriting and Investment manager. The company generates maximum revenue from the Brokerage and underwriting segment. The product line of the company consists of Panin News, trading ideas, recommendations, company reports, industrial reports, and others.

PT Panin Sekuritas Tbk (ISX:PANS) Headlines

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