PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Return-on-Tangible-Asset: 10.49% (As of Dec. 2025) — 32% Above Median

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ISX:MKAP PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
47 GF Score
Price Rp1,165.00
! 6 Warning Signs
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What is PT Multikarya Asia Pasifik Raya Tbk Return-on-Tangible-Asset?

PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP +0.43% 47 Return-on-Tangible-Asset is 10.49% as of Dec. 2025, which is 32% above its 10-year median of 7.93. GuruFocus rates ISX:MKAP with a GF Score™ of 47/100. The stock has 6 warning signs investors should review. Among 1,027 Oil & Gas companies, PT Multikarya Asia Pasifik Raya Tbk ranks better than 87.24% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. PT Multikarya Asia Pasifik Raya Tbk's annualized Net Income for the quarter that ended in Dec. 2025 was Rp55,344 Mil. PT Multikarya Asia Pasifik Raya Tbk's average total tangible assets for the quarter that ended in Dec. 2025 was Rp527,454 Mil. Therefore, PT Multikarya Asia Pasifik Raya Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 10.49%.

The historical rank and industry rank for PT Multikarya Asia Pasifik Raya Tbk's Return-on-Tangible-Asset or its related term are showing as below:

ISX:MKAP' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.67   Med: 7.93   Max: 12.22
Current: 10.49

During the past 6 years, PT Multikarya Asia Pasifik Raya Tbk's highest Return-on-Tangible-Asset was 12.22%. The lowest was -0.67%. And the median was 7.93%.

ISX:MKAP's Return-on-Tangible-Asset is ranked better than
87.24% of 1027 companies
in the Oil & Gas industry
Industry Median: 1.99 vs ISX:MKAP: 10.49

PT Multikarya Asia Pasifik Raya Tbk  (ISX:MKAP) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


PT Multikarya Asia Pasifik Raya Tbk Return-on-Tangible-Asset Related Terms


PT Multikarya Asia Pasifik Raya Tbk Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for PT Multikarya Asia Pasifik Raya Tbk's Return-on-Tangible-Asset 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 Multikarya Asia Pasifik Raya Tbk Return-on-Tangible-Asset Chart

PT Multikarya Asia Pasifik Raya Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 5.79 -0.67 12.22 10.06 10.49

PT Multikarya Asia Pasifik Raya Tbk Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial 5.79 -0.67 12.22 10.06 10.49

ISX:MKAP vs SLB, BKR, FTI: Return-on-Tangible-Asset Comparison

For the Oil & Gas Equipment & Services subindustry, PT Multikarya Asia Pasifik Raya Tbk's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Multikarya Asia Pasifik Raya Tbk Return-on-Tangible-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Multikarya Asia Pasifik Raya Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Multikarya Asia Pasifik Raya Tbk's Return-on-Tangible-Asset falls into.


ISX:MKAP
47GF Score
PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multikarya Asia Pasifik Raya Tbk Return-on-Tangible-Asset Calculation

PT Multikarya Asia Pasifik Raya Tbk's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=55344.177/( (519009.951+535898.595)/ 2 )
=55344.177/527454.273
=10.49 %

PT Multikarya Asia Pasifik Raya Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=55344.177/( (519009.951+535898.595)/ 2 )
=55344.177/527454.273
=10.49 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is one times the annual (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 10.49% mean?
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a Return-on-Tangible-Asset of 10.49% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PT Multikarya Asia Pasifik Raya Tbk and its competitors. This is 32% above median its historical median of 7.93. According to the industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #131 out of 1027 companies in the Oil & Gas industry, placing it in the top 12.8%.
Is PT Multikarya Asia Pasifik Raya Tbk's Return-on-Tangible-Asset too high?
PT Multikarya Asia Pasifik Raya Tbk's current Return-on-Tangible-Asset of 10.49% is 32% above median its 10-year median of 7.93. The Oil & Gas industry median Return-on-Tangible-Asset is 1.99. PT Multikarya Asia Pasifik Raya Tbk's value of 10.49% is 427.1% above this industry median. Based on the distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #131 out of 1027 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, PT Multikarya Asia Pasifik Raya Tbk has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does PT Multikarya Asia Pasifik Raya Tbk's Return-on-Tangible-Asset compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #131 out of 1027 companies for Return-on-Tangible-Asset. This places PT Multikarya Asia Pasifik Raya Tbk in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.99. PT Multikarya Asia Pasifik Raya Tbk's value of 10.49% is 427.1% above this benchmark. While the company's 10-year median is 7.93 vs. the industry median of 1.99, PT Multikarya Asia Pasifik Raya Tbk has consistently been above 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 Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 1.99, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Multikarya Asia Pasifik Raya Tbk's current Return-on-Tangible-Asset of 10.49% is 427.1% above 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PT Multikarya Asia Pasifik Raya Tbk and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multikarya Asia Pasifik Raya Tbk's current Return-on-Tangible-Asset is 10.49%, which is 32% above median its own 10-year median of 7.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multikarya Asia Pasifik Raya Tbk stock overvalued right now?
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a current Return-on-Tangible-Asset of 10.49%. The current Return-on-Tangible-Asset is 10.49%, which is 32% above median its 10-year median of 7.93 and 427.1% above the Oil & Gas industry median of 1.99. PT Multikarya Asia Pasifik Raya Tbk's overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP), the current Return-on-Tangible-Asset is 10.49% as of Dec. 2025. 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.

PT Multikarya Asia Pasifik Raya Tbk Business Description

Industry EnergyOil & Gas
Address Jalan TB Simatupang No 02, Cibis Nine, 16th Floor, Cilandak Timur, Pasar Minggu, South Jakarta, Jakarta, IDN, 12560
PT Multikarya Asia Pasifik Raya Tbk is engaged in the manufacturing and trading of services, as well as the rental and repair of pumps and other supporting equipment, including spare parts for the oil, natural gas, and mining industries. The firm operates through two main segments: Spare Parts and Procurement, and Rental and Services, with the majority of its revenue coming from the Spare Parts and Procurement segment. For the oil and gas industry, it offers products and services such as crude oil transfer to and from further processing, water reinjection production, water treatment injection plants, and pumps for mud, cement, and stimulation. In the mining industry, the company provides services for water drying and mud removal, along with reinstallation, repair, and rejuvenation of pump.
47GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp1,165.00
Price