GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » PT Barito Renewables Energy Tbk (ISX:BREN) » Definitions » ROE %

PT Barito Renewables Energy Tbk (ISX:BREN) ROE % : 33.59% (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is PT Barito Renewables Energy Tbk ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT Barito Renewables Energy Tbk's annualized net income for the quarter that ended in Dec. 2023 was Rp1,655,940 Mil. PT Barito Renewables Energy Tbk's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was Rp4,929,474 Mil. Therefore, PT Barito Renewables Energy Tbk's annualized ROE % for the quarter that ended in Dec. 2023 was 33.59%.

The historical rank and industry rank for PT Barito Renewables Energy Tbk's ROE % or its related term are showing as below:

ISX:BREN' s ROE % Range Over the Past 10 Years
Min: 15.25   Med: 18.94   Max: 33.59
Current: 33.59

During the past 3 years, PT Barito Renewables Energy Tbk's highest ROE % was 33.59%. The lowest was 15.25%. And the median was 18.94%.

ISX:BREN's ROE % is ranked better than
92.69% of 424 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.11 vs ISX:BREN: 33.59

PT Barito Renewables Energy Tbk ROE % Historical Data

The historical data trend for PT Barito Renewables Energy 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.

* Premium members only.

PT Barito Renewables Energy Tbk ROE % Chart

PT Barito Renewables Energy Tbk Annual Data
Trend Dec20 Dec21 Dec22
ROE %
15.25 18.94 28.40

PT Barito Renewables Energy Tbk Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
ROE % 15.25 18.94 28.40 33.59

Competitive Comparison of PT Barito Renewables Energy Tbk's ROE %

For the Utilities - Renewable subindustry, PT Barito Renewables Energy 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 Barito Renewables Energy Tbk's ROE % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PT Barito Renewables Energy Tbk's ROE % distribution charts can be found below:

* The bar in red indicates where PT Barito Renewables Energy Tbk's ROE % falls into.



PT Barito Renewables Energy Tbk ROE % Calculation

PT Barito Renewables Energy Tbk's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=1433504.225/( (7080933.763+3012567.506)/ 2 )
=1433504.225/5046750.6345
=28.40 %

PT Barito Renewables Energy Tbk's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=1655939.705/( (3012567.506+6846381.173)/ 2 )
=1655939.705/4929474.3395
=33.59 %

* 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 one times the annual (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


PT Barito Renewables Energy Tbk  (ISX:BREN) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1655939.705/4929474.3395
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1655939.705 / 9171544.544)*(9171544.544 / 53736314.8415)*(53736314.8415 / 4929474.3395)
=Net Margin %*Asset Turnover*Equity Multiplier
=18.06 %*0.1707*10.901
=ROA %*Equity Multiplier
=3.08 %*10.901
=33.59 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1655939.705/4929474.3395
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1655939.705 / 4492544.055) * (4492544.055 / 6824444.215) * (6824444.215 / 9171544.544) * (9171544.544 / 53736314.8415) * (53736314.8415 / 4929474.3395)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.3686 * 0.6583 * 74.41 % * 0.1707 * 10.901
=33.59 %

Note: The net income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 2023) 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 Barito Renewables Energy Tbk ROE % Related Terms

Thank you for viewing the detailed overview of PT Barito Renewables Energy Tbk's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Barito Renewables Energy Tbk (ISX:BREN) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Let. Gen. S. Parman Kav. 60, Wisma Barito Pacific II, 23rd Floor, Jakarta, IDN, 11410
PT Barito Renewables Energy Tbk focuses on a long-term strategy to provide cleaner energy and lower emissions and supports Indonesia's targets for the transition to Net Zero Emissions.

PT Barito Renewables Energy Tbk (ISX:BREN) Headlines

No Headlines