PT Vale Indonesia Tbk (ISX:INCO) Research & Development: Rp121,113 Mil (TTM As of Jun. 2026)

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ISX:INCO PT Vale Indonesia Tbk ISX:INCO
87 GF Score
Price Rp5,500.00
GF Value Rp4,848.97
Valuation Modestly Overvalued
! 5 Warning Signs
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What is PT Vale Indonesia Tbk Research & Development?

PT Vale Indonesia Tbk ISX:INCO +5.77% 87 Research & Development is Rp121,113 Mil as of Jun. 2026. GuruFocus rates ISX:INCO with a GF Score™ of 87/100 and a GF Value™ of Rp4,848.97 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. PT Vale Indonesia Tbk's Research & Development for the three months ended in Jun. 2026 was Rp24,206 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was Rp121,113 Mil.


PT Vale Indonesia Tbk  (ISX:INCO) 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 Vale Indonesia Tbk Research & Development Related Terms


PT Vale Indonesia Tbk Research & Development Historical Data

* Premium members only.

The historical data trend for PT Vale Indonesia 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 Vale Indonesia Tbk Research & Development Chart

PT Vale Indonesia Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111,722.48 228,853.39 203,885.63 92,157.84 131,334.72

PT Vale Indonesia Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 38,783.14 18,637.74 59,477.37 18,791.58 24,206.00
ISX:INCO
87GF Score
PT Vale Indonesia Tbk ISX:INCO
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Vale Indonesia 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp121,113 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 Rp121,113 Mil mean?
PT Vale Indonesia Tbk (ISX:INCO) has a Research & Development of Rp121,113 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on PT Vale Indonesia Tbk and its competitors.
Is PT Vale Indonesia Tbk's Research & Development too high?
PT Vale Indonesia Tbk's current Research & Development is Rp121,113 Mil. Overall, PT Vale Indonesia Tbk has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Vale Indonesia Tbk's Research & Development compare to competitors?
PT Vale Indonesia Tbk's Research & Development of Rp121,113 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Research & Development depends on the Metals & Mining 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 Vale Indonesia Tbk and its competitors. PT Vale Indonesia Tbk's current Research & Development is Rp121,113 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Vale Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Vale Indonesia Tbk (ISX:INCO) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp4,848.97, compared to a current price of Rp5,500.00 — trading 13.4% above its estimated fair value. The current Research & Development is Rp121,113 Mil. PT Vale Indonesia Tbk's overall GF Score™ is 87/100 with 5 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 Vale Indonesia Tbk (ISX:INCO), the current Research & Development is Rp121,113 Mil as of Jun. 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 Vale Indonesia Tbk (ISX:INCO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Vale Indonesia Tbk stock appears to be overvalued. The current stock price of Rp5,500.00 is trading 13.4% above its estimated GF Value™ of Rp4,848.97. GuruFocus considers PT Vale Indonesia Tbk to be Modestly Overvalued.

Key valuation signals for ISX:INCO:

  • Research & Development: Rp121,113 Mil
  • GF Value™: Rp4,848.97 vs. price of Rp5,500.00 (13.4% above fair value)
  • GF Score™: 87/100 with 5 warning signs

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


PT Vale Indonesia Tbk Business Description

Other Exchanges PTNDF:USAXT3B:Germany
Address Jalan Jenderal Sudirman Kav. 71, Sequis Tower, Lantai 20, Unit 6 and 7, Jakarta, IDN, 12190
PT Vale Indonesia Tbk is an integrated nickel mining and processing company, with its primary operations located in the Sorowako Block, South Sulawesi Province. Utilizing pyrometallurgical and smelting technologies, the company processes laterite nickel ore into nickel matte. It is currently advancing its Indonesia Growth Project (IGP), which includes High-Pressure Acid Leach (HPAL) facilities in Pomalaa, Morowali, and Sorowako Limonite. The company operates in only one business and geographical segment: nickel mining and processing in Indonesia.
87GF Score

Get the complete analysis for ISX:INCO

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

Rp5,500.00
Price
Rp4,848.97
GF Value