PT Adirana Armada Tbk (ISX:ASSA) Research & Development: Rp0 Mil (TTM As of Mar. 2026)


ISX:ASSA PT Adi Sarana Armada Tbk ISX:ASSA
89 GF Score
Price Rp585.00
GF Value Rp1,059.96
Valuation Possible Value Trap
! 3 Warning Signs
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What is PT Adirana Armada Tbk Research & Development?

PT Adirana Armada Tbk ISX:ASSA +0.86% 89 Research & Development is Rp0 Mil as of Mar. 2026. GuruFocus rates ISX:ASSA with a GF Score™ of 89/100 and a GF Value™ of Rp1,059.96 (Possible Value Trap). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. PT Adirana Armada Tbk's Research & Development for the three months ended in Mar. 2026 was Rp0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was Rp0 Mil.


PT Adirana Armada Tbk  (ISX:ASSA) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


PT Adirana Armada Tbk Research & Development Related Terms


PT Adirana Armada Tbk Research & Development Historical Data

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The historical data trend for PT Adirana Armada Tbk's Research & Development 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 Research & Development Chart

PT Adirana Armada Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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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
Research & Development 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 0.00 0.00 0.00 0.00 0.00
ISX:ASSA
89GF Score
PT Adi Sarana Armada Tbk ISX:ASSA
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Adirana Armada Tbk Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development 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 Rp0 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 Research & Development →
What does a Research & Development of Rp0 Mil mean?
PT Adirana Armada Tbk (ISX:ASSA) has a Research & Development of Rp0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on PT Adirana Armada Tbk and its competitors.
Is PT Adirana Armada Tbk's Research & Development too high?
PT Adirana Armada Tbk's current Research & Development is Rp0 Mil. Overall, PT Adirana Armada Tbk has a GF Score™ of 89/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Adirana Armada Tbk's Research & Development compare to URI and SUNB?
PT Adirana Armada Tbk's Research & Development of Rp0 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 Research & Development for a Business Services company?
A good Research & Development depends on the Business Services industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on PT Adirana Armada Tbk and its competitors. PT Adirana Armada Tbk's current Research & Development is Rp0 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 Rp1,059.96, compared to a current price of Rp585.00 — trading 44.8% below its estimated fair value. The current Research & Development is Rp0 Mil. PT Adirana Armada Tbk's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For PT Adirana Armada Tbk (ISX:ASSA), the current Research & Development is Rp0 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 Rp585.00 is trading 44.8% below its estimated GF Value™ of Rp1,059.96. GuruFocus considers PT Adirana Armada Tbk to be Possible Value Trap.

Key valuation signals for ISX:ASSA:

  • Research & Development: Rp0 Mil
  • GF Value™: Rp1,059.96 vs. price of Rp585.00 (44.8% below fair value)
  • GF Score™: 89/100 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.
89GF Score

Get the complete analysis for ISX:ASSA

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

Rp585.00
Price
Rp1,059.96
GF Value