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PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) 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 (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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 Multikarya Asia Pasifik Raya Tbk ROA % Related Terms
PT Multikarya Asia Pasifik Raya 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.
For the Oil & Gas Equipment & Services subindustry, PT Multikarya Asia Pasifik Raya Tbk's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Oil & Gas 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 (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a ROA % of 7.88% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on PT Multikarya Asia Pasifik Raya Tbk and its competitors. This is near median its historical median of 7.92. According to the industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #196 out of 1035 companies in the Oil & Gas industry, placing it in the top 18.9%.
Is PT Multikarya Asia Pasifik Raya Tbk's ROA % too high?
PT Multikarya Asia Pasifik Raya Tbk's current ROA % of 7.88% is near median its 10-year median of 7.92. The Oil & Gas industry median ROA % is 2.36. PT Multikarya Asia Pasifik Raya Tbk's value of 7.88% is 233.9% above this industry median. Based on the distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #196 out of 1035 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 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multikarya Asia Pasifik Raya Tbk's ROA % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #196 out of 1035 companies for ROA %. This places PT Multikarya Asia Pasifik Raya Tbk in the top 19% of its industry — outperforming the majority of peers. The industry median ROA % is 2.36. PT Multikarya Asia Pasifik Raya Tbk's value of 7.88% is 233.9% above this benchmark. While the company's 10-year median is 7.92 vs. the industry median of 2.36, 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 ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 2.36, based on 1,035 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 Multikarya Asia Pasifik Raya Tbk's current ROA % of 7.88% is 233.9% 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 Multikarya Asia Pasifik Raya Tbk and its competitors. For the Oil & Gas industry, the median ROA % is 2.36 — 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 ROA % is 7.88%, which is near median its own 10-year median of 7.92. 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?
Based on GuruFocus' analysis, PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp519.65, compared to a current price of Rp1,165.00 — trading 124.2% above its estimated fair value. The current ROA % is 7.88%, which is near median its 10-year median of 7.92 and 233.9% above the Oil & Gas industry median of 2.36. PT Multikarya Asia Pasifik Raya Tbk's overall GF Score™ is 63/100 with 7 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 Multikarya Asia Pasifik Raya Tbk (ISX:MKAP), the current ROA % is 7.88% 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 Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Overvalued in 2026?
Based on GuruFocus' analysis, PT Multikarya Asia Pasifik Raya Tbk stock appears to be overvalued.
The current stock price of Rp1,165.00 is trading 124.2% above its estimated GF Value™ of Rp519.65.
GuruFocus considers PT Multikarya Asia Pasifik Raya Tbk to be Significantly Overvalued.
Key valuation signals for ISX:MKAP:
ROA %: 7.88% (near median its 10-year median of 7.92)
GF Value™: Rp519.65 vs. price of Rp1,165.00 (124.2% above fair value)
Industry Position: 233.9% above the Oil & Gas median (#196 of 1035)
No single metric tells the full story. See the ISX:MKAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
63GF Score
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