PT Calculus Global Ventures Tbk (ISX:STAR) EBIT: Rp26,005 Mil (TTM As of Mar. 2026)


ISX:STAR PT Calculus Global Ventures Tbk ISX:STAR
59 GF Score
Price Rp280.00
GF Value Rp111.36
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Calculus Global Ventures Tbk EBIT?

PT Calculus Global Ventures Tbk ISX:STAR 59 EBIT is Rp26,005 Mil as of Mar. 2026. GuruFocus rates ISX:STAR with a GF Score™ of 59/100 and a GF Value™ of Rp111.36 (Significantly Overvalued). The stock has 1 warning sign investors should review.

PT Calculus Global Ventures Tbk's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was Rp4,997 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was Rp26,005 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Calculus Global Ventures Tbk's annualized ROC % for the quarter that ended in Mar. 2026 was 20.12%. PT Calculus Global Ventures Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,023.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PT Calculus Global Ventures Tbk's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.23%.


PT Calculus Global Ventures Tbk  (ISX:STAR) EBIT Explanation

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

PT Calculus Global Ventures 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 )
=940.324 * ( 1 - 1.23% )/( (3766.693 + 5464.8489999999)/ 2 )
=928.7580148/4615.7709999999
=20.12 %

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))
=540804.932 - 430.261 - ( 536607.978 - max(0, 1886.784 - 539070.128+536607.978))
=3766.693

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))
=545717.655 - 552.724 - ( 539700.082 - max(0, 2023.848 - 544096.195+539700.082))
=5464.8489999999

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 Calculus Global Ventures 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 )
=19988.332/( ( (1038.443 + max(1086.889, 0)) + (925.1 + max(854.89599999991, 0)) )/ 2 )
=19988.332/( ( 2125.332 + 1779.9959999999 )/ 2 )
=19988.332/1952.664
=1,023.64 %

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)
=(970.748 + 0 + 1491.402) - (430.261 + 0 + 945)
=1086.889

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(786.769 + 0 + 1565.8509999999) - (552.724 + 0 + 945)
=854.89599999991

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 Calculus Global Ventures Tbk's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=26004.99/805215.160
=3.23 %

* 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 Calculus Global Ventures Tbk EBIT Related Terms


PT Calculus Global Ventures Tbk EBIT Historical Data

* Premium members only.

The historical data trend for PT Calculus Global Ventures 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 Calculus Global Ventures Tbk EBIT Chart

PT Calculus Global Ventures 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 12,155.78 1,878.28 2,893.92 4,303.11 24,380.10

PT Calculus Global Ventures 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 3,372.19 3,028.57 3,075.92 14,903.42 4,997.08

ISX:STAR vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, PT Calculus Global Ventures 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 Calculus Global Ventures Tbk EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Calculus Global Ventures Tbk's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PT Calculus Global Ventures Tbk's EV-to-EBIT falls into.


ISX:STAR
59GF Score
PT Calculus Global Ventures Tbk ISX:STAR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Calculus Global Ventures 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 Rp26,005 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 Rp26,005 Mil mean?
PT Calculus Global Ventures Tbk (ISX:STAR) has a EBIT of Rp26,005 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PT Calculus Global Ventures Tbk.
Is PT Calculus Global Ventures Tbk's EBIT too high?
PT Calculus Global Ventures Tbk's current EBIT is Rp26,005 Mil. Overall, PT Calculus Global Ventures Tbk has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Calculus Global Ventures Tbk's EBIT compare to BLK and BX?
PT Calculus Global Ventures Tbk's EBIT of Rp26,005 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good EBIT depends on the Asset Management 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 Calculus Global Ventures Tbk. PT Calculus Global Ventures Tbk's current EBIT is Rp26,005 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Calculus Global Ventures Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk (ISX:STAR) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp111.36, compared to a current price of Rp280.00 — trading 151.4% above its estimated fair value. The current EBIT is Rp26,005 Mil. PT Calculus Global Ventures Tbk's overall GF Score™ is 59/100 with 1 warning sign 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 Calculus Global Ventures Tbk (ISX:STAR), the current EBIT is Rp26,005 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 Calculus Global Ventures Tbk (ISX:STAR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk stock appears to be overvalued. The current stock price of Rp280.00 is trading 151.4% above its estimated GF Value™ of Rp111.36. GuruFocus considers PT Calculus Global Ventures Tbk to be Significantly Overvalued.

Key valuation signals for ISX:STAR:

  • EBIT: Rp26,005 Mil
  • GF Value™: Rp111.36 vs. price of Rp280.00 (151.4% above fair value)
  • GF Score™: 59/100 with 1 warning sign

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


PT Calculus Global Ventures Tbk Business Description

Address Jalan MH. Thamrin Number 1, Menara BCA Lot 45, Grand Indonesia, Jakarta Pusat, Jakarta, IDN, 10310
PT Calculus Global Ventures Tbk, formerly known as PT Buana Artha Anugerah Tbk, operates in the business area of investment management, particularly in asset management. The company is engaged in the management consulting business. The products of the company consist of mutual funds includes including foster equity fund, foster fixed income, and foster money market and management of securities portfolio. The company segments consist of investment management services and others.
59GF Score

Get the complete analysis for ISX:STAR

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

Rp280.00
Price
Rp111.36
GF Value