PT Calculus Global Ventures TbkISX:STAR 59 ROA % is 3.62% as of Mar. 2026, which is 583% above its 10-year median of 0.53. GuruFocus rates ISX:STAR with a GF Score™ of 59/100 and a GF Value™ of Rp111.36 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,631 Asset Management companies, PT Calculus Global Ventures Tbk ranks better than 52.54% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PT Calculus Global Ventures Tbk's annualizedNet Income for the quarter that ended in Mar. 2026 was Rp19,656 Mil.
PT Calculus Global Ventures Tbk's average Total Assets over the quarter that ended in Mar. 2026 was Rp543,261 Mil. Therefore, PT Calculus Global Ventures Tbk's annualized ROA % for the quarter that ended in Mar. 2026 was 3.62%.
ISX:STAR'
s ROA % Range Over the Past 10 Years
Min: 0.04 Med: 0.53 Max: 4.52
Current: 4.52
During the past 13 years, PT Calculus Global Ventures Tbk's highest ROA % was 4.52%. The lowest was 0.04%. And the median was 0.53%.
ISX:STAR's ROA % is ranked better than 52.54% of 1631
companies
in the Asset Management industry
Industry Median: 3.99
vs ISX:STAR: 4.52
PT Calculus Global Ventures Tbk (ISX:STAR) 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 Calculus Global Ventures Tbk ROA % Related Terms
PT Calculus Global Ventures 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 Asset Management subindustry, PT Calculus Global Ventures 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 Calculus Global Ventures Tbk ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PT Calculus Global Ventures Tbk's ROA % distribution charts can be found below:
* The bar in red indicates where PT Calculus Global Ventures Tbk's ROA % falls into.
* 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 Calculus Global Ventures Tbk (ISX:STAR) has a ROA % of 3.62% 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 Calculus Global Ventures Tbk and its competitors. This is 583% above median its historical median of 0.53. Over the past decade, PT Calculus Global Ventures Tbk's ROA % has ranged from 0.04 to 4.52. According to the industry distribution chart, PT Calculus Global Ventures Tbk ranks #774 out of 1631 companies in the Asset Management industry, placing it in the top 47.5%.
Is PT Calculus Global Ventures Tbk's ROA % too high?
PT Calculus Global Ventures Tbk's current ROA % of 3.62% is 583% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 4.52. The Asset Management industry median ROA % is 3.99. PT Calculus Global Ventures Tbk's value of 3.62% is 9.3% below this industry median. Based on the distribution chart, PT Calculus Global Ventures Tbk ranks #774 out of 1631 companies in the Asset Management industry, which is above the industry midpoint. Overall, PT Calculus Global Ventures Tbk has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Calculus Global Ventures Tbk's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, PT Calculus Global Ventures Tbk ranks #774 out of 1631 companies for ROA %. This puts PT Calculus Global Ventures Tbk in the upper half of its industry. The industry median ROA % is 3.99. PT Calculus Global Ventures Tbk's value of 3.62% is 9.3% below this benchmark. Historically, PT Calculus Global Ventures Tbk's own ROA % has ranged from 0.04 to 4.52 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 3.99, PT Calculus Global Ventures Tbk has consistently been below 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 Asset Management company?
The median ROA % among Asset Management companies is 3.99, based on 1,631 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 Calculus Global Ventures Tbk's current ROA % of 3.62% is 9.3% below 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 Calculus Global Ventures Tbk and its competitors. For the Asset Management industry, the median ROA % is 3.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Calculus Global Ventures Tbk's current ROA % is 3.62%, which is 583% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Calculus Global Ventures Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk (ISX:STAR) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp111.36, compared to a current price of Rp280.00 — trading 151.4% above its estimated fair value. The current ROA % is 3.62%, which is 583% above median its 10-year median of 0.53 and 9.3% below the Asset Management industry median of 3.99. PT Calculus Global Ventures Tbk's overall GF Score™ is 59/100 with 1 warning sign 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 Calculus Global Ventures Tbk (ISX:STAR), the current ROA % is 3.62% 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 Calculus Global Ventures Tbk (ISX:STAR) Overvalued in 2026?
Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk stock appears to be overvalued.
The current stock price of Rp280.00 is trading 151.4% above its estimated GF Value™ of Rp111.36.
GuruFocus considers PT Calculus Global Ventures Tbk to be Significantly Overvalued.
Key valuation signals for ISX:STAR:
ROA %: 3.62% (583% above median its 10-year median of 0.53)
GF Value™: Rp111.36 vs. price of Rp280.00 (151.4% above fair value)
Industry Position: 9.3% below the Asset Management median (#774 of 1631)
No single metric tells the full story. See the ISX:STAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Calculus Global Ventures Tbk Business Description
PT Calculus Global Ventures Tbk, formerly known as PT Buana Artha Anugerah Tbk, operates in the business area of investment management, particularly in asset management. The company is engaged in the management consulting business. The products of the company consist of mutual funds includes including foster equity fund, foster fixed income, and foster money market and management of securities portfolio. The company segments consist of investment management services and others.
59GF Score
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