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PT Indomobil Multi Jasa Tbk (ISX:IMJS) ROE % : 4.66% (As of Mar. 2024)


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What is PT Indomobil Multi Jasa Tbk ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT Indomobil Multi Jasa Tbk's annualized net income for the quarter that ended in Mar. 2024 was Rp202,665 Mil. PT Indomobil Multi Jasa Tbk's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was Rp4,350,231 Mil. Therefore, PT Indomobil Multi Jasa Tbk's annualized ROE % for the quarter that ended in Mar. 2024 was 4.66%.

The historical rank and industry rank for PT Indomobil Multi Jasa Tbk's ROE % or its related term are showing as below:

ISX:IMJS' s ROE % Range Over the Past 10 Years
Min: -1.93   Med: 5.58   Max: 9.14
Current: 7.42

During the past 12 years, PT Indomobil Multi Jasa Tbk's highest ROE % was 9.14%. The lowest was -1.93%. And the median was 5.58%.

ISX:IMJS's ROE % is ranked better than
59.69% of 516 companies
in the Conglomerates industry
Industry Median: 5.97 vs ISX:IMJS: 7.42

PT Indomobil Multi Jasa Tbk ROE % Historical Data

The historical data trend for PT Indomobil Multi Jasa 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 Indomobil Multi Jasa Tbk ROE % Chart

PT Indomobil Multi Jasa Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 -1.93 -0.18 3.88 8.10

PT Indomobil Multi Jasa Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % 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 7.67 4.82 -2.52 22.43 4.66

Competitive Comparison of PT Indomobil Multi Jasa Tbk's ROE %

For the Conglomerates subindustry, PT Indomobil Multi Jasa 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 Indomobil Multi Jasa Tbk's ROE % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, PT Indomobil Multi Jasa Tbk's ROE % distribution charts can be found below:

* The bar in red indicates where PT Indomobil Multi Jasa Tbk's ROE % falls into.



PT Indomobil Multi Jasa Tbk ROE % Calculation

PT Indomobil Multi Jasa Tbk's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=333698.142/( (3901711.932+4342552.912)/ 2 )
=333698.142/4122132.422
=8.10 %

PT Indomobil Multi Jasa Tbk's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=202665.256/( (4342552.912+4357908.822)/ 2 )
=202665.256/4350230.867
=4.66 %

* 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 four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


PT Indomobil Multi Jasa Tbk  (ISX:IMJS) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=202665.256/4350230.867
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(202665.256 / 5519194.932)*(5519194.932 / 29060260.021)*(29060260.021 / 4350230.867)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.67 %*0.1899*6.6802
=ROA %*Equity Multiplier
=0.7 %*6.6802
=4.66 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=202665.256/4350230.867
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (202665.256 / 251863.472) * (251863.472 / 1094742.328) * (1094742.328 / 5519194.932) * (5519194.932 / 29060260.021) * (29060260.021 / 4350230.867)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8047 * 0.2301 * 19.84 % * 0.1899 * 6.6802
=4.66 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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 Indomobil Multi Jasa Tbk ROE % Related Terms

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PT Indomobil Multi Jasa Tbk (ISX:IMJS) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Letjen. M.T. Haryono Kav. 11, Indomobil Tower, 11th Floor, Jakarta Timur, Jakarta, IDN, 13330
PT Indomobil Multi Jasa Tbk is engaged in providing vehicle sales, after-sales service, vehicle financing, spare parts distribution for lndoParts, vehicle assembling, automotive parts/ component manufacturing, car rental services, and other related supporting services. The company holds various trademarks of international brands including Audi, Datsun, Foton, Hino, Infiniti, John Deere, Kalmar, Manitou, Nissan, Renault, Renault Trucks, SDLG, Suzuki, Volkswagen, Volvo Construction Equipment, Volvo Trucks, and Zoomlion. The company also provides financial services which include financing for motorcycles, new cars, used cars, and heavy equipment. Its segments are Car rental and related business and Financial Services.

PT Indomobil Multi Jasa Tbk (ISX:IMJS) Headlines

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