FRA:S08's ROA % is ranked better than 79.28% of 637
companies
in the Steel industry
Industry Median: 1.92
vs FRA:S08: 6.14
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
PT Steel Pipe Industry of Indonesia Tbk ROA % Related Terms
PT Steel Pipe Industry of Indonesia Tbk ROA % Historical Data
* 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 Steel Pipe Industry of Indonesia Tbk ROA % Chart
PT Steel Pipe Industry of Indonesia Tbk Annual Data
* 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 Steel Pipe Industry of Indonesia Tbk ROA % vs Steel Industry
* 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a ROA % of 3.47% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on PT Steel Pipe Industry of Indonesia Tbk and its competitors. This is near median its historical median of 3.55. Over the past decade, PT Steel Pipe Industry of Indonesia Tbk's ROA % has ranged from 0.14 to 7.38. According to the industry distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #132 out of 637 companies in the Steel industry, placing it in the top 20.7%.
Is PT Steel Pipe Industry of Indonesia Tbk's ROA % too high?
PT Steel Pipe Industry of Indonesia Tbk's current ROA % of 3.47% is near median its 10-year median of 3.55. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 7.38. The Steel industry median ROA % is 1.92. PT Steel Pipe Industry of Indonesia Tbk's value of 3.47% is 80.7% above this industry median. Based on the distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #132 out of 637 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, PT Steel Pipe Industry of Indonesia Tbk has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does PT Steel Pipe Industry of Indonesia Tbk's ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #132 out of 637 companies for ROA %. This places PT Steel Pipe Industry of Indonesia Tbk in the top 21% of its industry — outperforming the majority of peers. The industry median ROA % is 1.92. PT Steel Pipe Industry of Indonesia Tbk's value of 3.47% is 80.7% above this benchmark. Historically, PT Steel Pipe Industry of Indonesia Tbk's own ROA % has ranged from 0.14 to 7.38 over the past decade. While the company's 10-year median is 3.55 vs. the industry median of 1.92, PT Steel Pipe Industry of Indonesia 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 ROA % for a Steel company?
The median ROA % among Steel companies is 1.92, based on 637 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Steel Pipe Industry of Indonesia Tbk's current ROA % of 3.47% is 80.7% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on PT Steel Pipe Industry of Indonesia Tbk and its competitors. For the Steel industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Steel Pipe Industry of Indonesia Tbk's current ROA % is 3.47%, which is near median its own 10-year median of 3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Steel Pipe Industry of Indonesia Tbk stock overvalued right now?
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a current ROA % of 3.47%. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 40% above its estimated fair value. The current ROA % is 3.47%, which is near median its 10-year median of 3.55 and 80.7% above the Steel industry median of 1.92. PT Steel Pipe Industry of Indonesia Tbk's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For PT Steel Pipe Industry of Indonesia Tbk (FRA:S08), the current ROA % is 3.47% 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 Steel Pipe Industry of Indonesia Tbk (FRA:S08) Overvalued in 2026?
Based on GuruFocus' analysis, PT Steel Pipe Industry of Indonesia Tbk stock appears to be overvalued.
The current stock price of €0.01 is trading 40% above its estimated GF Value™ of €0.01.
Key valuation signals for FRA:S08:
ROA %: 3.47% (near median its 10-year median of 3.55)
GF Value™: €0.01 vs. price of €0.01 (40% above fair value)
Industry Position: 80.7% above the Steel median (#132 of 637)
No single metric tells the full story. See the FRA:S08 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Steel Pipe Industry of Indonesia Tbk Business Description
PT Steel Pipe Industry of Indonesia Tbk is an Indonesian-based company engaged in manufacturing steel pipes. The company's products include black pipes, water pipes, mechanical pipes, furniture pipes, API pipes, steel poles, spiral pipes, as well as industrial and ornamental stainless steel pipes. The segments of the company are Steel Pipe Mill, Spiral Steel Pipe Mill, Strips and Plate, Services, and others. The company's products are used for furniture, water supply systems, general construction, automotive components, oil and gas, mechanical structures, and chemical industries. Geographically, all operations functioned through the regions of Indonesia.
77GF Score
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