PT Pikko Land Development Tbk (ISX:RODA) Quick Ratio: 0.36 (As of Mar. 2026) — 16% Above Median


ISX:RODA PT Pikko Land Development Tbk ISX:RODA
60 GF Score
Price Rp52.00
GF Value Rp57.78
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Pikko Land Development Tbk Quick Ratio?

PT Pikko Land Development Tbk ISX:RODA +4.00% 60 Quick Ratio is 0.36 as of Mar. 2026, which is 16% above its 10-year median of 0.31. GuruFocus rates ISX:RODA with a GF Score™ of 60/100 and a GF Value™ of Rp57.78 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,791 Real Estate companies, PT Pikko Land Development Tbk ranks worse than 77.44% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. PT Pikko Land Development Tbk's quick ratio for the quarter that ended in Mar. 2026 was 0.36.

PT Pikko Land Development Tbk has a quick ratio of 0.36. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for PT Pikko Land Development Tbk's Quick Ratio or its related term are showing as below:

ISX:RODA' s Quick Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.31   Max: 3.07
Current: 0.36

During the past 13 years, PT Pikko Land Development Tbk's highest Quick Ratio was 3.07. The lowest was 0.12. And the median was 0.31.

ISX:RODA's Quick Ratio is ranked worse than
77.44% of 1791 companies
in the Real Estate industry
Industry Median: 0.85 vs ISX:RODA: 0.36

PT Pikko Land Development Tbk  (ISX:RODA) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


PT Pikko Land Development Tbk Quick Ratio Related Terms


PT Pikko Land Development Tbk Quick Ratio Historical Data

* Premium members only.

The historical data trend for PT Pikko Land Development Tbk's Quick Ratio 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 Pikko Land Development Tbk Quick Ratio Chart

PT Pikko Land Development Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.22 0.32 0.31 0.36

PT Pikko Land Development Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 0.29 0.27 0.26 0.36 0.36

PT Pikko Land Development Tbk Quick Ratio Competitor Comparison

For the Real Estate - Development subindustry, PT Pikko Land Development Tbk's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Pikko Land Development Tbk Quick Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Pikko Land Development Tbk's Quick Ratio distribution charts can be found below:

* The bar in red indicates where PT Pikko Land Development Tbk's Quick Ratio falls into.


ISX:RODA
60GF Score
PT Pikko Land Development Tbk ISX:RODA
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Pikko Land Development Tbk Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

PT Pikko Land Development Tbk's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1265973.032-1188505.675)/213457.7
=0.36

PT Pikko Land Development Tbk's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1262831.688-1185514.278)/214244.641
=0.36

* 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 Quick Ratio →
What does a Quick Ratio of 0.36 mean?
PT Pikko Land Development Tbk (ISX:RODA) has a Quick Ratio of 0.36 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PT Pikko Land Development Tbk and its competitors. This is 16% above median its historical median of 0.31. Over the past decade, PT Pikko Land Development Tbk's Quick Ratio has ranged from 0.12 to 3.07. According to the industry distribution chart, PT Pikko Land Development Tbk ranks #1387 out of 1791 companies in the Real Estate industry, placing it in the top 77.4%.
Is PT Pikko Land Development Tbk's Quick Ratio too high?
PT Pikko Land Development Tbk's current Quick Ratio of 0.36 is 16% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 3.07. The Real Estate industry median Quick Ratio is 0.85. PT Pikko Land Development Tbk's value of 0.36 is 57.6% below this industry median. Based on the distribution chart, PT Pikko Land Development Tbk ranks #1387 out of 1791 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, PT Pikko Land Development Tbk has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Pikko Land Development Tbk's Quick Ratio compare to competitors?
According to the Real Estate industry distribution chart, PT Pikko Land Development Tbk ranks #1387 out of 1791 companies for Quick Ratio. This places PT Pikko Land Development Tbk in the lower half of its industry. The industry median Quick Ratio is 0.85. PT Pikko Land Development Tbk's value of 0.36 is 57.6% below this benchmark. Historically, PT Pikko Land Development Tbk's own Quick Ratio has ranged from 0.12 to 3.07 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.85, PT Pikko Land Development Tbk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Real Estate company?
The median Quick Ratio among Real Estate companies is 0.85, based on 1,791 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Pikko Land Development Tbk's current Quick Ratio of 0.36 is 57.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PT Pikko Land Development Tbk and its competitors. For the Real Estate industry, the median Quick Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Pikko Land Development Tbk's current Quick Ratio is 0.36, which is 16% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pikko Land Development Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pikko Land Development Tbk (ISX:RODA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp57.78, compared to a current price of Rp52.00 — trading 10% below its estimated fair value. The current Quick Ratio is 0.36, which is 16% above median its 10-year median of 0.31 and 57.6% below the Real Estate industry median of 0.85. PT Pikko Land Development Tbk's overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For PT Pikko Land Development Tbk (ISX:RODA), the current Quick Ratio is 0.36 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 Pikko Land Development Tbk (ISX:RODA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pikko Land Development Tbk stock appears to be undervalued. The current stock price of Rp52.00 is trading 10% below its estimated GF Value™ of Rp57.78. GuruFocus considers PT Pikko Land Development Tbk to be Modestly Undervalued.

Key valuation signals for ISX:RODA:

  • Quick Ratio: 0.36 (16% above median its 10-year median of 0.31)
  • GF Value™: Rp57.78 vs. price of Rp52.00 (10% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 57.6% below the Real Estate median (#1387 of 1791)

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


PT Pikko Land Development Tbk Business Description

Address Jalan Jenderal Sudirman Street No. 86, Sahid Sudirman Residence, 3rd Floor, Tanah Abang, Central Jakarta, Jakarta, IDN, 10220
PT Pikko Land Development Tbk is a property development company. It is engaged in the development and sale of real estate and investment in shares of stocks and some property assets, such as land and apartment units. The company develops Residential; Mix used Commercial properties.
60GF Score

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

Rp52.00
Price
Rp57.78
GF Value