PT Adirana Armada Tbk (ISX:ASSA) EBIT: Rp1,040,363 Mil (TTM As of Mar. 2026)


ISX:ASSA PT Adi Sarana Armada Tbk ISX:ASSA
90 GF Score
Price Rp600.00
GF Value Rp1,058.87
Valuation Possible Value Trap
! 3 Warning Signs
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What is PT Adirana Armada Tbk EBIT?

PT Adirana Armada Tbk ISX:ASSA -1.64% 90 EBIT is Rp1,040,363 Mil as of Mar. 2026. GuruFocus rates ISX:ASSA with a GF Score™ of 90/100 and a GF Value™ of Rp1,058.87 (Possible Value Trap). The stock has 3 warning signs investors should review.

PT Adirana Armada Tbk's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was Rp246,872 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was Rp1,040,363 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Adirana Armada Tbk's annualized ROC % for the quarter that ended in Mar. 2026 was 8.99%. PT Adirana Armada Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PT Adirana Armada Tbk's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.15%.


PT Adirana Armada Tbk  (ISX:ASSA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

PT Adirana Armada Tbk's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=955642.28 * ( 1 - 21.26% )/( (8161252.932 + 8581109.385)/ 2 )
=752472.731272/8371181.1585
=8.99 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8473094.348 - 334381.413 - ( 1153307.166 - max(0, 2031191.466 - 2008651.469+1153307.166))
=8161252.932

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8855120.771 - 296022.075 - ( 1116415.396 - max(0, 2250785.12 - 2228774.431+1116415.396))
=8581109.385

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

PT Adirana Armada Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=987486.8/( ( (5899047.528 + max(-8588.469, 0)) + (6072137.227 + max(100190.77, 0)) )/ 2 )
=987486.8/( ( 5899047.528 + 6172327.997 )/ 2 )
=987486.8/6035687.7625
=16.36 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(542362.335 + 69678.401 + 38409.59) - (334381.413 + 0 + 324657.382)
=-8588.469

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(617254.704 + 82567.071 + 150942.23) - (296022.075 + 0 + 454551.16)
=100190.77

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

PT Adirana Armada Tbk's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1040362.804/6440787.500
=16.15 %

* 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.


PT Adirana Armada Tbk EBIT Related Terms


PT Adirana Armada Tbk EBIT Historical Data

* Premium members only.

The historical data trend for PT Adirana Armada Tbk's EBIT 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.

PT Adirana Armada Tbk EBIT Chart

PT Adirana Armada Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 457,379.59 271,527.08 331,992.81 718,607.48 1,050,801.57

PT Adirana Armada Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 257,310.46 258,533.59 319,202.03 215,755.49 246,871.70

ISX:ASSA vs URI, SUNB, AER: EBIT Comparison

For the Rental & Leasing Services subindustry, PT Adirana Armada Tbk's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 Adirana Armada Tbk EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, PT Adirana Armada Tbk's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PT Adirana Armada Tbk's EV-to-EBIT falls into.


ISX:ASSA
90GF Score
PT Adi Sarana Armada Tbk ISX:ASSA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Adirana Armada Tbk EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp1,040,363 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of Rp1,040,363 Mil mean?
PT Adirana Armada Tbk (ISX:ASSA) has a EBIT of Rp1,040,363 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PT Adirana Armada Tbk.
Is PT Adirana Armada Tbk's EBIT too high?
PT Adirana Armada Tbk's current EBIT is Rp1,040,363 Mil. Overall, PT Adirana Armada Tbk has a GF Score™ of 90/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Adirana Armada Tbk's EBIT compare to URI and SUNB?
PT Adirana Armada Tbk's EBIT of Rp1,040,363 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Business Services company?
A good EBIT depends on the Business Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PT Adirana Armada Tbk. PT Adirana Armada Tbk's current EBIT is Rp1,040,363 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Adirana Armada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Adirana Armada Tbk (ISX:ASSA) is currently considered Possible Value Trap. The stock's GF Value™ is Rp1,058.87, compared to a current price of Rp600.00 — trading 43.3% below its estimated fair value. The current EBIT is Rp1,040,363 Mil. PT Adirana Armada Tbk's overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For PT Adirana Armada Tbk (ISX:ASSA), the current EBIT is Rp1,040,363 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Adirana Armada Tbk (ISX:ASSA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Adirana Armada Tbk stock appears to be undervalued. The current stock price of Rp600.00 is trading 43.3% below its estimated GF Value™ of Rp1,058.87. GuruFocus considers PT Adirana Armada Tbk to be Possible Value Trap.

Key valuation signals for ISX:ASSA:

  • EBIT: Rp1,040,363 Mil
  • GF Value™: Rp1,058.87 vs. price of Rp600.00 (43.3% below fair value)
  • GF Score™: 90/100 with 3 warning signs

No single metric tells the full story. See the ISX:ASSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Adirana Armada Tbk Business Description

Address Jalan Yos Sudarso No. 88 Sunter, Jakarta Utara, Jakarta, IDN, 14350
PT Adi Sarana Armada Tbk provides integrated transportation solutions in the form of vehicle rental services. The company is engaged in businesses in inland transportation, including passenger transportation by means of buses, sedans, and other land vehicles, transporting goods, delivery, transportation management, expeditions, and warehouses, and provides long and short-term rental services. The company's segment includes Autopool Passenger Car Vehicle Rental Segment, Delivery Service Segment, Used Vehicle Sales segment, Steering Driver Rental Segment, Auction Services Segment, Logistics and Warehouse Management Segment, and Other segment. The majority of its revenue is generated from the Auction Services segment.
90GF Score

Get the complete analysis for ISX:ASSA

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp600.00
Price
Rp1,058.87
GF Value