PIKQF (PT Indah Kiat Pulp & Paper Tbk) Return-on-Tangible-Asset: 5.02% (As of Mar. 2026) — 24% Above Median


PIKQF PT Indah Kiat Pulp & Paper Tbk PIKQF
96 GF Score
Price $0.53
GF Value $0.69
! 4 Warning Signs
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What is PT Indah Kiat Pulp & Paper Tbk Return-on-Tangible-Asset?

PT Indah Kiat Pulp & Paper Tbk PIKQF 96 Return-on-Tangible-Asset is 5.02% as of Mar. 2026, which is 24% above its 10-year median of 4.06. GuruFocus rates PIKQF with a GF Score™ of 96/100 and a GF Value™ of $0.69. The stock has 4 warning signs investors should review. Among 287 Forest Products companies, PT Indah Kiat Pulp & Paper Tbk ranks better than 77% 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 Indah Kiat Pulp & Paper Tbk's annualized Net Income for the quarter that ended in Mar. 2026 was $624 Mil. PT Indah Kiat Pulp & Paper Tbk's average total tangible assets for the quarter that ended in Mar. 2026 was $12,447 Mil. Therefore, PT Indah Kiat Pulp & Paper Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.02%.

The historical rank and industry rank for PT Indah Kiat Pulp & Paper Tbk's Return-on-Tangible-Asset or its related term are showing as below:

PIKQF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.87   Med: 4.06   Max: 9.61
Current: 3.83

During the past 13 years, PT Indah Kiat Pulp & Paper Tbk's highest Return-on-Tangible-Asset was 9.61%. The lowest was 2.87%. And the median was 4.06%.

PIKQF's Return-on-Tangible-Asset is ranked better than
77% of 287 companies
in the Forest Products industry
Industry Median: 0.97 vs PIKQF: 3.83

PT Indah Kiat Pulp & Paper Tbk  (OTCPK:PIKQF) 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 Indah Kiat Pulp & Paper Tbk Return-on-Tangible-Asset Related Terms


PT Indah Kiat Pulp & Paper Tbk Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk Return-on-Tangible-Asset Chart

PT Indah Kiat Pulp & Paper Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.02 9.23 4.18 3.89 3.78

PT Indah Kiat Pulp & Paper Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 4.73 0.78 5.25 4.12 5.02

PIKQF vs SLVM: Return-on-Tangible-Asset Comparison

For the Paper & Paper Products subindustry, PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk Return-on-Tangible-Asset vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Indah Kiat Pulp & Paper Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Indah Kiat Pulp & Paper Tbk's Return-on-Tangible-Asset falls into.


PIKQF
96GF Score
PT Indah Kiat Pulp & Paper Tbk PIKQF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indah Kiat Pulp & Paper Tbk Return-on-Tangible-Asset Calculation

PT Indah Kiat Pulp & Paper 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 )
=453.348/( (11723.262+12293.616)/ 2 )
=453.348/12008.439
=3.78 %

PT Indah Kiat Pulp & Paper Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=624.452/( (12293.616+12599.84)/ 2 )
=624.452/12446.728
=5.02 %

* 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 four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 5.02% mean?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a Return-on-Tangible-Asset of 5.02% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PT Indah Kiat Pulp & Paper Tbk and its competitors. This is 24% above median its historical median of 4.06. Over the past decade, PT Indah Kiat Pulp & Paper Tbk's Return-on-Tangible-Asset has ranged from 2.87 to 9.61. According to the industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #66 out of 287 companies in the Forest Products industry, placing it in the top 23%.
Is PT Indah Kiat Pulp & Paper Tbk's Return-on-Tangible-Asset too high?
PT Indah Kiat Pulp & Paper Tbk's current Return-on-Tangible-Asset of 5.02% is 24% above median its 10-year median of 4.06. Over the past 10 years, this metric has ranged from a low of 2.87 to a high of 9.61. The Forest Products industry median Return-on-Tangible-Asset is 0.97. PT Indah Kiat Pulp & Paper Tbk's value of 5.02% is 417.5% above this industry median. Based on the distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #66 out of 287 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, PT Indah Kiat Pulp & Paper Tbk has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does PT Indah Kiat Pulp & Paper Tbk's Return-on-Tangible-Asset compare to SLVM?
According to the Forest Products industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #66 out of 287 companies for Return-on-Tangible-Asset. This places PT Indah Kiat Pulp & Paper Tbk in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.97. PT Indah Kiat Pulp & Paper Tbk's value of 5.02% is 417.5% above this benchmark. Historically, PT Indah Kiat Pulp & Paper Tbk's own Return-on-Tangible-Asset has ranged from 2.87 to 9.61 over the past decade. While the company's 10-year median is 4.06 vs. the industry median of 0.97, PT Indah Kiat Pulp & Paper 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 a Forest Products company?
The median Return-on-Tangible-Asset among Forest Products companies is 0.97, based on 287 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 Indah Kiat Pulp & Paper Tbk's current Return-on-Tangible-Asset of 5.02% is 417.5% 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 Indah Kiat Pulp & Paper Tbk and its competitors. For the Forest Products industry, the median Return-on-Tangible-Asset is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indah Kiat Pulp & Paper Tbk's current Return-on-Tangible-Asset is 5.02%, which is 24% above median its own 10-year median of 4.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indah Kiat Pulp & Paper Tbk stock overvalued right now?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a current Return-on-Tangible-Asset of 5.02%. The stock's GF Value™ is $0.69, compared to a current price of $0.53 — trading 23.1% below its estimated fair value. The current Return-on-Tangible-Asset is 5.02%, which is 24% above median its 10-year median of 4.06 and 417.5% above the Forest Products industry median of 0.97. PT Indah Kiat Pulp & Paper Tbk's overall GF Score™ is 96/100 with 4 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 Indah Kiat Pulp & Paper Tbk (PIKQF), the current Return-on-Tangible-Asset is 5.02% 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 Indah Kiat Pulp & Paper Tbk (PIKQF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indah Kiat Pulp & Paper Tbk stock appears to be undervalued. The current stock price of $0.53 is trading 23.1% below its estimated GF Value™ of $0.69.

Key valuation signals for PIKQF:

  • Return-on-Tangible-Asset: 5.02% (24% above median its 10-year median of 4.06)
  • GF Value™: $0.69 vs. price of $0.53 (23.1% below fair value)
  • GF Score™: 96/100 with 4 warning signs
  • Industry Position: 417.5% above the Forest Products median (#66 of 287)

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


PT Indah Kiat Pulp & Paper Tbk Business Description

Other Exchanges INKP:IndonesiaIKP:Germany
Address Jalan M.H. Thamrin No. 51, Tower 2, 9th Floor, Building Sinar Mas Land Plaza, Jakarta, IDN, 10350
PT Indah Kiat Pulp & Paper Tbk manufactures paper, pulp, and packaging paper. The company's operating segments are: cultural paper and pulp, which derives maximum revenue; and industrial paper and tissue products. Its cultural paper and pulp products segment consists of cultural paper and other related cultural paper products and pulp. The industrial paper and tissue products segment consists of linerboard, corrugating medium, corrugated shipping containers, and boxboard. Geographically, the company generates maximum revenue from Indonesia, and the rest from Asia, Europe, America, the Middle East, Africa, and Australia.
96GF Score

Get the complete analysis for PIKQF

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

$0.53
Price
$0.69
GF Value