PT Semen Baturaja (Persero) Tbk (ISX:SMBR) Research & Development: Rp717 Mil (TTM As of Mar. 2026)


ISX:SMBR PT Semen Baturaja (Persero) Tbk ISX:SMBR
73 GF Score
Price Rp152.00
GF Value Rp272.40
Valuation Possible Value Trap
! 4 Warning Signs
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What is PT Semen Baturaja (Persero) Tbk Research & Development?

PT Semen Baturaja (Persero) Tbk ISX:SMBR -2.56% 73 Research & Development is Rp717 Mil as of Mar. 2026. GuruFocus rates ISX:SMBR with a GF Score™ of 73/100 and a GF Value™ of Rp272.40 (Possible Value Trap). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. PT Semen Baturaja (Persero) Tbk's Research & Development for the three months ended in Mar. 2026 was Rp22 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was Rp717 Mil.

PT Semen Baturaja (Persero) Tbk  (ISX:SMBR) 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 Semen Baturaja (Persero) Tbk Research & Development Related Terms

PT Semen Baturaja (Persero) Tbk Research & Development Historical Data

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The historical data trend for PT Semen Baturaja (Persero) 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 Semen Baturaja (Persero) Tbk Research & Development Chart

PT Semen Baturaja (Persero) 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 675.36 231.30 328.98 364.41 829.35

PT Semen Baturaja (Persero) 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 134.03 123.55 87.16 484.62 21.67
ISX:SMBR
73GF Score
PT Semen Baturaja (Persero) Tbk ISX:SMBR
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Semen Baturaja (Persero) 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 Rp717 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 Rp717 Mil mean?
PT Semen Baturaja (Persero) Tbk (ISX:SMBR) has a Research & Development of Rp717 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on PT Semen Baturaja (Persero) Tbk and its competitors.
Is PT Semen Baturaja (Persero) Tbk's Research & Development too high?
PT Semen Baturaja (Persero) Tbk's current Research & Development is Rp717 Mil. Overall, PT Semen Baturaja (Persero) Tbk has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Semen Baturaja (Persero) Tbk's Research & Development compare to CRH and VMC?
PT Semen Baturaja (Persero) Tbk's Research & Development of Rp717 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Research & Development depends on the Building Materials 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 Semen Baturaja (Persero) Tbk and its competitors. PT Semen Baturaja (Persero) Tbk's current Research & Development is Rp717 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Semen Baturaja (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Semen Baturaja (Persero) Tbk (ISX:SMBR) is currently considered Possible Value Trap. The stock's GF Value™ is Rp272.40, compared to a current price of Rp152.00 — trading 44.2% below its estimated fair value. The current Research & Development is Rp717 Mil. PT Semen Baturaja (Persero) Tbk's overall GF Score™ is 73/100 with 4 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 Semen Baturaja (Persero) Tbk (ISX:SMBR), the current Research & Development is Rp717 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 Semen Baturaja (Persero) Tbk (ISX:SMBR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Semen Baturaja (Persero) Tbk stock appears to be undervalued. The current stock price of Rp152.00 is trading 44.2% below its estimated GF Value™ of Rp272.40. GuruFocus considers PT Semen Baturaja (Persero) Tbk to be Possible Value Trap.

Key valuation signals for ISX:SMBR:

  • Research & Development: Rp717 Mil
  • GF Value™: Rp272.40 vs. price of Rp152.00 (44.2% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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

PT Semen Baturaja (Persero) Tbk Business Description

Address Jalan Abikusno Cokrosuyoso Kertapati, P.O. Box 1175, Palembang, IDN, 30258
PT Semen Baturaja (Persero) Tbk is an Indonesian-based company engaged in cement manufacturing. Its product portfolio includes Ordinary Portland Cement (OPC) Type II, Ordinary Portland Cement (OPC) Type V, and Ordinary Portland Cement (OPC) Type I. The company's geographical segment includes South Sumatra, Lampung, Jambi, and Jakarta. It generates maximum revenue from the South Sumatra region. The company generates the majority of its revenue from the sale of cement products.
73GF Score

Get the complete analysis for ISX:SMBR

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

Rp152.00
Price
Rp272.40
GF Value