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PT Amman Mineral Internasional Tbk (ISX:AMMN) ROE % : 6.19% (As of Dec. 2023)


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What is PT Amman Mineral Internasional Tbk ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT Amman Mineral Internasional Tbk's annualized net income for the quarter that ended in Dec. 2023 was Rp3,887,050 Mil. PT Amman Mineral Internasional Tbk's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was Rp62,826,542 Mil. Therefore, PT Amman Mineral Internasional Tbk's annualized ROE % for the quarter that ended in Dec. 2023 was 6.19%.

The historical rank and industry rank for PT Amman Mineral Internasional Tbk's ROE % or its related term are showing as below:

ISX:AMMN' s ROE % Range Over the Past 10 Years
Min: 4.15   Med: 10.18   Max: 38.22
Current: 6.19

During the past 4 years, PT Amman Mineral Internasional Tbk's highest ROE % was 38.22%. The lowest was 4.15%. And the median was 10.18%.

ISX:AMMN's ROE % is ranked better than
85.7% of 2483 companies
in the Metals & Mining industry
Industry Median: -16.11 vs ISX:AMMN: 6.19

PT Amman Mineral Internasional Tbk ROE % Historical Data

The historical data trend for PT Amman Mineral Internasional 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 Amman Mineral Internasional Tbk ROE % Chart

PT Amman Mineral Internasional Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
4.15 14.17 38.22 6.19

PT Amman Mineral Internasional Tbk Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
ROE % 4.15 14.17 38.22 6.19

Competitive Comparison of PT Amman Mineral Internasional Tbk's ROE %

For the Other Precious Metals & Mining subindustry, PT Amman Mineral Internasional 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 Amman Mineral Internasional Tbk's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Amman Mineral Internasional Tbk's ROE % distribution charts can be found below:

* The bar in red indicates where PT Amman Mineral Internasional Tbk's ROE % falls into.



PT Amman Mineral Internasional Tbk ROE % Calculation

PT Amman Mineral Internasional 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 )
=3887050.104/( (55510793.834+70142289.614)/ 2 )
=3887050.104/62826541.724
=6.19 %

PT Amman Mineral Internasional 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 )
=3887050.104/( (55510793.834+70142289.614)/ 2 )
=3887050.104/62826541.724
=6.19 %

* 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 Amman Mineral Internasional Tbk  (ISX:AMMN) 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
=3887050.104/62826541.724
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3887050.104 / 31346340.32)*(31346340.32 / 121237653.946)*(121237653.946 / 62826541.724)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.4 %*0.2586*1.9297
=ROA %*Equity Multiplier
=3.21 %*1.9297
=6.19 %

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
=3887050.104/62826541.724
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3887050.104 / 9235274.258) * (9235274.258 / 11827535.121) * (11827535.121 / 31346340.32) * (31346340.32 / 121237653.946) * (121237653.946 / 62826541.724)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.4209 * 0.7808 * 37.73 % * 0.2586 * 1.9297
=6.19 %

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 Amman Mineral Internasional Tbk ROE % Related Terms

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PT Amman Mineral Internasional Tbk (ISX:AMMN) Business Description

Traded in Other Exchanges
Address
Jalan H.R. Rasuna Said Blok X-5 Kav. 1-2, Menara Karya 6th Floor Unit A, B, C dan H, Jakarta Selatan, Jakarta, IDN, 12950
PT Amman Mineral Internasional Tbk is a copper-and-gold mining company in Indonesia, operating the Batu Hijau mine on the island of Sumbawa.

PT Amman Mineral Internasional Tbk (ISX:AMMN) Headlines

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