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 Arpeni Pratama Ocean Line Tbk's annualized return on capital (ROC %) for the quarter that ended in Sep. 2019 was 1.62%.
As of today (2026-06-27), PT Arpeni Pratama Ocean Line Tbk's WACC % is 0.00%. PT Arpeni Pratama Ocean Line Tbk's ROC % is -0.33% (calculated using TTM income statement data).
PT Arpeni Pratama Ocean Line Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.
PT Arpeni Pratama Ocean Line Tbk (FRA:A5DA) 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 Arpeni Pratama Ocean Line Tbk's WACC % is 0.00%. PT Arpeni Pratama Ocean Line Tbk's ROC % is -0.33% (calculated using TTM income statement data).
PT Arpeni Pratama Ocean Line 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.
PT Arpeni Pratama Ocean Line Tbk ROC % Related Terms
PT Arpeni Pratama Ocean Line Tbk ROC % 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.
Note:
The Operating Income data used here is four times the quarterly (Sep. 2019) 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 Arpeni Pratama Ocean Line Tbk (FRA:A5DA) has a ROC % of 1.62% as of Sep. 2019. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on PT Arpeni Pratama Ocean Line Tbk and its competitors.
Is PT Arpeni Pratama Ocean Line Tbk's ROC % too high?
PT Arpeni Pratama Ocean Line Tbk's current ROC % is 1.62%. The Transportation industry median ROC % is 4.69. PT Arpeni Pratama Ocean Line Tbk's value of 1.62% is 65.5% below this industry median.
How does PT Arpeni Pratama Ocean Line Tbk's ROC % compare to competitors?
PT Arpeni Pratama Ocean Line Tbk's ROC % of 1.62% can be compared against companies in the Transportation industry. The industry median ROC % is 4.69. PT Arpeni Pratama Ocean Line Tbk's value of 1.62% is 65.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Transportation company?
The median ROC % among Transportation companies is 4.69, based on 994 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Arpeni Pratama Ocean Line Tbk's current ROC % of 1.62% is 65.5% 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 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 Arpeni Pratama Ocean Line Tbk and its competitors. For the Transportation industry, the median ROC % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Arpeni Pratama Ocean Line Tbk's current ROC % is 1.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Arpeni Pratama Ocean Line Tbk stock overvalued right now?
PT Arpeni Pratama Ocean Line Tbk (FRA:A5DA) has a current ROC % of 1.62%. The current ROC % is 1.62% and 65.5% below the Transportation industry median of 4.69. 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 Arpeni Pratama Ocean Line Tbk (FRA:A5DA), the current ROC % is 1.62% as of Sep. 2019. 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.
PT Arpeni Pratama Ocean Line Tbk Business Description
PT Arpeni Pratama Ocean Line Tbk is Indonesian shipping company. The company is engaged in the domestic and international transportation of cargo by vessels, sale, and purchase of vessels. It uses its vessels for the transport of coal, iron ore, wheat, soybeans, and grains to various countries. In addition, the company also owns and operates the dry bulk fleet, including panamax bulk carriers, tugboats, barges, and floating cranes. The company operates through three segments namely, Shipping Services which also contributes a major part of revenue, Agency Services, and Non-Asset Based Busines. Most of its revenue is earned through the Indonesian market.
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