PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) ROA %: 20.59% (As of Mar. 2026) — 36% Above Median


ISX:ULTJ PT Ultrajaya Milk Industry & Trading Co Tbk ISX:ULTJ
99 GF Score
Price Rp1,335.00
GF Value Rp1,873.33
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PT Ultrajaya Milk Industry & Trading Co Tbk ROA %?

PT Ultrajaya Milk Industry & Trading Co Tbk ISX:ULTJ -1.48% 99 ROA % is 20.59% as of Mar. 2026, which is 36% above its 10-year median of 15.18. GuruFocus rates ISX:ULTJ with a GF Score™ of 99/100 and a GF Value™ of Rp1,873.33 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, PT Ultrajaya Milk Industry & Trading Co Tbk ranks better than 89.66% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PT Ultrajaya Milk Industry & Trading Co Tbk's annualized Net Income for the quarter that ended in Mar. 2026 was Rp1,982,384 Mil. PT Ultrajaya Milk Industry & Trading Co Tbk's average Total Assets over the quarter that ended in Mar. 2026 was Rp9,628,863 Mil. Therefore, PT Ultrajaya Milk Industry & Trading Co Tbk's annualized ROA % for the quarter that ended in Mar. 2026 was 20.59%.

The historical rank and industry rank for PT Ultrajaya Milk Industry & Trading Co Tbk's ROA % or its related term are showing as below:

ISX:ULTJ' s ROA % Range Over the Past 10 Years
Min: 13   Med: 15.18   Max: 18.1
Current: 16.63

During the past 13 years, PT Ultrajaya Milk Industry & Trading Co Tbk's highest ROA % was 18.10%. The lowest was 13.00%. And the median was 15.18%.

ISX:ULTJ's ROA % is ranked better than
89.66% of 116 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 5.595 vs ISX:ULTJ: 16.63

PT Ultrajaya Milk Industry & Trading Co Tbk  (ISX:ULTJ) 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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1982384/9628862.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1982384 / 11132164)*(11132164 / 9628862.5)
=Net Margin %*Asset Turnover
=17.81 %*1.1561
=20.59 %

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 Ultrajaya Milk Industry & Trading Co Tbk ROA % Related Terms


PT Ultrajaya Milk Industry & Trading Co Tbk ROA % Historical Data

* Premium members only.

The historical data trend for PT Ultrajaya Milk Industry & Trading Co Tbk's ROA % 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 Ultrajaya Milk Industry & Trading Co Tbk ROA % Chart

PT Ultrajaya Milk Industry & Trading Co Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.74 13.00 15.69 14.22 15.28

PT Ultrajaya Milk Industry & Trading Co Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 17.06 11.39 17.07 17.61 20.59

ISX:ULTJ vs KO, PEP, MNST: ROA % Comparison

For the Beverages - Non-Alcoholic subindustry, PT Ultrajaya Milk Industry & Trading Co 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 Ultrajaya Milk Industry & Trading Co Tbk ROA % vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, PT Ultrajaya Milk Industry & Trading Co Tbk's ROA % distribution charts can be found below:

* The bar in red indicates where PT Ultrajaya Milk Industry & Trading Co Tbk's ROA % falls into.


ISX:ULTJ
99GF Score
PT Ultrajaya Milk Industry & Trading Co Tbk ISX:ULTJ
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Ultrajaya Milk Industry & Trading Co Tbk ROA % Calculation

PT Ultrajaya Milk Industry & Trading Co Tbk's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=1353297/( (8461365+9253470)/ 2 )
=1353297/8857417.5
=15.28 %

PT Ultrajaya Milk Industry & Trading Co Tbk's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1982384/( (9253470+10004255)/ 2 )
=1982384/9628862.5
=20.59 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 20.59% mean?
PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) has a ROA % of 20.59% 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 Ultrajaya Milk Industry & Trading Co Tbk and its competitors. This is 36% above median its historical median of 15.18. Over the past decade, PT Ultrajaya Milk Industry & Trading Co Tbk's ROA % has ranged from 13.00 to 18.10. According to the industry distribution chart, PT Ultrajaya Milk Industry & Trading Co Tbk ranks #12 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 10.3%.
Is PT Ultrajaya Milk Industry & Trading Co Tbk's ROA % too high?
PT Ultrajaya Milk Industry & Trading Co Tbk's current ROA % of 20.59% is 36% above median its 10-year median of 15.18. Over the past 10 years, this metric has ranged from a low of 13.00 to a high of 18.10. The Beverages - Non-Alcoholic industry median ROA % is 5.60. PT Ultrajaya Milk Industry & Trading Co Tbk's value of 20.59% is 268% above this industry median. Based on the distribution chart, PT Ultrajaya Milk Industry & Trading Co Tbk ranks #12 out of 116 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, PT Ultrajaya Milk Industry & Trading Co Tbk has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Ultrajaya Milk Industry & Trading Co Tbk's ROA % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, PT Ultrajaya Milk Industry & Trading Co Tbk ranks #12 out of 116 companies for ROA %. This places PT Ultrajaya Milk Industry & Trading Co Tbk in the top 10% of its industry — outperforming the majority of peers. The industry median ROA % is 5.60. PT Ultrajaya Milk Industry & Trading Co Tbk's value of 20.59% is 268% above this benchmark. Historically, PT Ultrajaya Milk Industry & Trading Co Tbk's own ROA % has ranged from 13.00 to 18.10 over the past decade. While the company's 10-year median is 15.18 vs. the industry median of 5.60, PT Ultrajaya Milk Industry & Trading Co 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 Beverages - Non-Alcoholic company?
The median ROA % among Beverages - Non-Alcoholic companies is 5.60, based on 116 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 Ultrajaya Milk Industry & Trading Co Tbk's current ROA % of 20.59% is 268% 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 Ultrajaya Milk Industry & Trading Co Tbk and its competitors. For the Beverages - Non-Alcoholic industry, the median ROA % is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Ultrajaya Milk Industry & Trading Co Tbk's current ROA % is 20.59%, which is 36% above median its own 10-year median of 15.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Ultrajaya Milk Industry & Trading Co Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,873.33, compared to a current price of Rp1,335.00 — trading 28.7% below its estimated fair value. The current ROA % is 20.59%, which is 36% above median its 10-year median of 15.18 and 268% above the Beverages - Non-Alcoholic industry median of 5.60. PT Ultrajaya Milk Industry & Trading Co Tbk's overall GF Score™ is 99/100 with 3 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 Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ), the current ROA % is 20.59% 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 Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Overvalued in 2026?

Based on GuruFocus' analysis, PT Ultrajaya Milk Industry & Trading Co Tbk stock appears to be undervalued. The current stock price of Rp1,335.00 is trading 28.7% below its estimated GF Value™ of Rp1,873.33. GuruFocus considers PT Ultrajaya Milk Industry & Trading Co Tbk to be Modestly Undervalued.

Key valuation signals for ISX:ULTJ:

  • ROA %: 20.59% (36% above median its 10-year median of 15.18)
  • GF Value™: Rp1,873.33 vs. price of Rp1,335.00 (28.7% below fair value)
  • GF Score™: 99/100 with 3 warning signs
  • Industry Position: 268% above the Beverages - Non-Alcoholic median (#12 of 116)

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


PT Ultrajaya Milk Industry & Trading Co Tbk Business Description

Address Jalan Raya Cimareme 131, Padalarang, Kabupaten Bandung Barat, West Java, Bandung, IDN, 40552
PT Ultrajaya Milk Industry & Trading Co Tbk is in the business of producing dairy products, beverages, and healthy drink products with ultra-high temperature technology and aseptic packaging. Its products are Freshmilk, Tea drink, Health drinks, Sweetened condensed creamer, and others. The company operates in two operating segments: Beverages and Food. It derives the majority of its revenues from the Beverages segment.
99GF Score

Get the complete analysis for ISX:ULTJ

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp1,335.00
Price
Rp1,873.33
GF Value