PT Humpuss Maritim Internasional Tbk (ISX:HUMI) Research & Development: Rp3,647 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:HUMI PT Humpuss Maritim Internasional Tbk ISX:HUMI
44 GF Score
Price Rp132.00
GF Value Rp65.89
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is PT Humpuss Maritim Internasional Tbk Research & Development?

PT Humpuss Maritim Internasional Tbk ISX:HUMI +4.76% 44 Research & Development is Rp3,647 Mil as of Mar. 2026. GuruFocus rates ISX:HUMI with a GF Score™ of 44/100 and a GF Value™ of Rp65.89 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. PT Humpuss Maritim Internasional Tbk's Research & Development for the three months ended in Mar. 2026 was Rp102 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was Rp3,647 Mil.

PT Humpuss Maritim Internasional Tbk  (ISX:HUMI) 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 Humpuss Maritim Internasional Tbk Research & Development Related Terms

PT Humpuss Maritim Internasional Tbk Research & Development Historical Data

* Premium members only.

The historical data trend for PT Humpuss Maritim Internasional 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 Humpuss Maritim Internasional Tbk Research & Development Chart

PT Humpuss Maritim Internasional Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 243.59 3,294.76 7,804.16 6,799.19 5,246.04

PT Humpuss Maritim Internasional Tbk Quarterly Data
Dec20 Dec21 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 1,581.00 1,565.68 2,080.03 -100.24 101.58
ISX:HUMI
44GF Score
PT Humpuss Maritim Internasional Tbk ISX:HUMI
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Humpuss Maritim Internasional 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 Rp3,647 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 Rp3,647 Mil mean?
PT Humpuss Maritim Internasional Tbk (ISX:HUMI) has a Research & Development of Rp3,647 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on PT Humpuss Maritim Internasional Tbk and its competitors.
Is PT Humpuss Maritim Internasional Tbk's Research & Development too high?
PT Humpuss Maritim Internasional Tbk's current Research & Development is Rp3,647 Mil. Overall, PT Humpuss Maritim Internasional Tbk has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Humpuss Maritim Internasional Tbk's Research & Development compare to competitors?
PT Humpuss Maritim Internasional Tbk's Research & Development of Rp3,647 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 Research & Development for a Transportation company?
A good Research & Development depends on the Transportation 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 Humpuss Maritim Internasional Tbk and its competitors. PT Humpuss Maritim Internasional Tbk's current Research & Development is Rp3,647 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Humpuss Maritim Internasional Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Humpuss Maritim Internasional Tbk (ISX:HUMI) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp65.89, compared to a current price of Rp132.00 — trading 100.3% above its estimated fair value. The current Research & Development is Rp3,647 Mil. PT Humpuss Maritim Internasional Tbk's overall GF Score™ is 44/100 with 7 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 Humpuss Maritim Internasional Tbk (ISX:HUMI), the current Research & Development is Rp3,647 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 Humpuss Maritim Internasional Tbk (ISX:HUMI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Humpuss Maritim Internasional Tbk stock appears to be overvalued. The current stock price of Rp132.00 is trading 100.3% above its estimated GF Value™ of Rp65.89. GuruFocus considers PT Humpuss Maritim Internasional Tbk to be Significantly Overvalued.

Key valuation signals for ISX:HUMI:

  • Research & Development: Rp3,647 Mil
  • GF Value™: Rp65.89 vs. price of Rp132.00 (100.3% above fair value)
  • GF Score™: 44/100 with 7 warning signs

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

PT Humpuss Maritim Internasional Tbk Business Description

Address Jalan Jend. Gatot Subroto Kav. 1-3, Mangkuluhur City Tower One, 27th Floor, Jakarta, IDN, 12930
PT Humpuss Maritim Internasional Tbk and its subsidiaries are mainly involved in transporting liquified natural gas (LNG), crude oil, fuel oil, chemicals, containers, coal, and other sea cargoes. It also provides vessel crews and management services to vessel owners, dredging services, and floating storage regasification services. The group is managed and categorized in business divisions, which consist of chartered vessels and vessel crew and management services. A majority of its revenue is generated from the chartered vessels segment.
44GF Score

Get the complete analysis for ISX:HUMI

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

Rp132.00
Price
Rp65.89
GF Value