ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. PT TBS Energi Utama Tbk's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -1.88%.
As of today (2026-06-30), PT TBS Energi Utama Tbk's WACC % is 7.69%. PT TBS Energi Utama Tbk's ROC % is -3.76% (calculated using TTM income statement data).
PT TBS Energi Utama Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.
PT TBS Energi Utama Tbk (FRA:6AU) ROC % Explanation
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, PT TBS Energi Utama Tbk's WACC % is 7.69%. PT TBS Energi Utama Tbk's ROC % is -3.76% (calculated using TTM income statement data).
PT TBS Energi Utama Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROC % is calculated with only 12 months of 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.
* 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.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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 TBS Energi Utama Tbk (FRA:6AU) has a ROC % of -1.88% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on PT TBS Energi Utama Tbk and its competitors.
Is PT TBS Energi Utama Tbk's ROC % too high?
PT TBS Energi Utama Tbk's current ROC % is -1.88%. Overall, PT TBS Energi Utama Tbk has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT TBS Energi Utama Tbk's ROC % compare to competitors?
PT TBS Energi Utama Tbk's ROC % of -1.88% can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Other Energy Sources company?
A good ROC % depends on the Other Energy Sources industry context. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on PT TBS Energi Utama Tbk and its competitors. PT TBS Energi Utama Tbk's current ROC % is -1.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT TBS Energi Utama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT TBS Energi Utama Tbk (FRA:6AU) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 15% below its estimated fair value. The current ROC % is -1.88%. PT TBS Energi Utama Tbk's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For PT TBS Energi Utama Tbk (FRA:6AU), the current ROC % is -1.88% 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 TBS Energi Utama Tbk (FRA:6AU) Overvalued in 2026?
Based on GuruFocus' analysis, PT TBS Energi Utama Tbk stock appears to be undervalued.
The current stock price of €0.01 is trading 15% below its estimated GF Value™ of €0.01.
GuruFocus considers PT TBS Energi Utama Tbk to be Modestly Undervalued.
Key valuation signals for FRA:6AU:
ROC %: -1.88%
GF Value™: €0.01 vs. price of €0.01 (15% below fair value)
No single metric tells the full story. See the FRA:6AU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT TBS Energi Utama Tbk is an integrated energy company operating in Indonesia and Singapore. The company has a diversified business portfolio that includes waste management, renewable energy, and electric vehicles. It is involved in activities aimed at lowering carbon emissions and developing low-carbon energy solutions. The company operates across various locations such as Gorontalo, East Kalimantan, Batam, Lampung, and Central Java. The Group operating segments are coal mining, coal trading, IPP, waste management and others. It derives maximum revenue from Waste Management segment. Geographically, the group operates Overseas as well as Domestic. It generates majority revenue from Overseas.
65GF Score
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