PT Jasa Armada Indonesia Tbk (ISX:IPCM) Property, Plant and Equipment: Rp647,123 Mil (As of Mar. 2026)


ISX:IPCM PT Jasa Armada Indonesia Tbk ISX:IPCM
94 GF Score
Price Rp306.00
GF Value Rp350.78
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Jasa Armada Indonesia Tbk Property, Plant and Equipment?

PT Jasa Armada Indonesia Tbk ISX:IPCM -5.56% 94 Property, Plant and Equipment is Rp647,123 Mil as of Mar. 2026. GuruFocus rates ISX:IPCM with a GF Score™ of 94/100 and a GF Value™ of Rp350.78 (Modestly Undervalued). The stock has 4 warning signs investors should review.

PT Jasa Armada Indonesia Tbk's quarterly net PPE increased from Sep. 2025 (Rp619,528 Mil) to Dec. 2025 (Rp651,037 Mil) but then declined from Dec. 2025 (Rp651,037 Mil) to Mar. 2026 (Rp647,123 Mil).

PT Jasa Armada Indonesia Tbk's annual net PPE increased from Dec. 2023 (Rp619,514 Mil) to Dec. 2024 (Rp642,368 Mil) and increased from Dec. 2024 (Rp642,368 Mil) to Dec. 2025 (Rp651,037 Mil).


PT Jasa Armada Indonesia Tbk  (ISX:IPCM) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


PT Jasa Armada Indonesia Tbk Property, Plant and Equipment Related Terms


PT Jasa Armada Indonesia Tbk Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for PT Jasa Armada Indonesia Tbk's Property, Plant and Equipment 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 Jasa Armada Indonesia Tbk Property, Plant and Equipment Chart

PT Jasa Armada Indonesia Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 541,848.90 544,817.66 619,513.68 642,367.88 651,037.23

PT Jasa Armada Indonesia Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Property, Plant and Equipment 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 628,496.41 613,636.33 619,528.40 651,037.23 647,122.62
ISX:IPCM
94GF Score
PT Jasa Armada Indonesia Tbk ISX:IPCM
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Jasa Armada Indonesia Tbk Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of Rp647,123 Mil mean?
PT Jasa Armada Indonesia Tbk (ISX:IPCM) has a Property, Plant and Equipment of Rp647,123 Mil as of Mar. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on PT Jasa Armada Indonesia Tbk and its competitors.
Is PT Jasa Armada Indonesia Tbk's Property, Plant and Equipment too high?
PT Jasa Armada Indonesia Tbk's current Property, Plant and Equipment is Rp647,123 Mil. Overall, PT Jasa Armada Indonesia Tbk has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Jasa Armada Indonesia Tbk's Property, Plant and Equipment compare to competitors?
PT Jasa Armada Indonesia Tbk's Property, Plant and Equipment of Rp647,123 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Property, Plant and Equipment for a Transportation company?
A good Property, Plant and Equipment depends on the Transportation industry context. However, Property, Plant and Equipment 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 Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on PT Jasa Armada Indonesia Tbk and its competitors. PT Jasa Armada Indonesia Tbk's current Property, Plant and Equipment is Rp647,123 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jasa Armada Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk (ISX:IPCM) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp350.78, compared to a current price of Rp306.00 — trading 12.8% below its estimated fair value. The current Property, Plant and Equipment is Rp647,123 Mil. PT Jasa Armada Indonesia Tbk's overall GF Score™ is 94/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For PT Jasa Armada Indonesia Tbk (ISX:IPCM), the current Property, Plant and Equipment is Rp647,123 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 Jasa Armada Indonesia Tbk (ISX:IPCM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk stock appears to be undervalued. The current stock price of Rp306.00 is trading 12.8% below its estimated GF Value™ of Rp350.78. GuruFocus considers PT Jasa Armada Indonesia Tbk to be Modestly Undervalued.

Key valuation signals for ISX:IPCM:

  • Property, Plant and Equipment: Rp647,123 Mil
  • GF Value™: Rp350.78 vs. price of Rp306.00 (12.8% below fair value)
  • GF Score™: 94/100 with 4 warning signs

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


PT Jasa Armada Indonesia Tbk Business Description

Address Jalan Yos Sudarso No. 9, Pelindo Tower, 8th & 9th Floor, Rawa Badak Utara, Koja, North Jakarta, Jakarta, IDN, 14230
PT Jasa Armada Indonesia Tbk is engaged in pilotage and towage services for container vessels, dry and liquid bulk, inland waterways, and offshore STS. The company also provides fleet maintenance services. The company's operating segments are Vessel Services, and Freight Services & Other Services. The company generates maximum revenue from the Vessel services segment.
94GF Score

Get the complete analysis for ISX:IPCM

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

Rp306.00
Price
Rp350.78
GF Value