PT Multi Garam Utama Tbk (ISX:FOLK) ROC %: -16.39% (As of Dec. 2025)


ISX:FOLK PT Multi Garam Utama Tbk ISX:FOLK
17 GF Score
Price Rp175.00
GF Value Rp32.55
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Multi Garam Utama Tbk ROC %?

PT Multi Garam Utama Tbk ISX:FOLK -3.85% 17 ROC % is -16.39% as of Dec. 2025. GuruFocus rates ISX:FOLK with a GF Score™ of 17/100 and a GF Value™ of Rp32.55 (Significantly Overvalued). The stock has 1 warning sign investors should review.

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 Multi Garam Utama Tbk's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was -16.39%.

As of today (2026-06-26), PT Multi Garam Utama Tbk's WACC % is 10.55%. PT Multi Garam Utama Tbk's ROC % is -16.39% (calculated using TTM income statement data). PT Multi Garam Utama Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.


PT Multi Garam Utama Tbk  (ISX:FOLK) 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 Multi Garam Utama Tbk's WACC % is 10.55%. PT Multi Garam Utama Tbk's ROC % is -16.39% (calculated using TTM income statement data). PT Multi Garam 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.


PT Multi Garam Utama Tbk ROC % Related Terms


PT Multi Garam Utama Tbk ROC % Historical Data

* Premium members only.

The historical data trend for PT Multi Garam Utama Tbk's ROC % 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 Multi Garam Utama Tbk ROC % Chart

PT Multi Garam Utama Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec24 Dec25
ROC %
-1.24 -1.96 2.27 -26.74 -16.39

PT Multi Garam Utama Tbk Semi-Annual Data
Dec20 Dec21 Dec22 Dec24 Dec25
ROC % -1.24 -1.96 2.27 -26.74 -16.39
ISX:FOLK
17GF Score
PT Multi Garam Utama Tbk ISX:FOLK
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multi Garam Utama Tbk ROC % Calculation

PT Multi Garam Utama Tbk's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=-13554.836 * ( 1 - 7.02% )/( (84759.358 + 69015.15)/ 2 )
=-12603.2865128/76887.254
=-16.39 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=95004.089 - 8179.062 - ( 2065.669 - max(0, 9555.999 - 22028.234+2065.669))
=84759.358

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=76205.023 - 8215.587 - ( 1247.372 - max(0, 9606.017 - 8580.303+1247.372))
=69015.15

PT Multi Garam Utama Tbk's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-13554.836 * ( 1 - 7.02% )/( (84759.358 + 69015.15)/ 2 )
=-12603.2865128/76887.254
=-16.39 %

where

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=95004.089 - 8179.062 - ( 2065.669 - max(0, 9555.999 - 22028.234+2065.669))
=84759.358

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=76205.023 - 8215.587 - ( 1247.372 - max(0, 9606.017 - 8580.303+1247.372))
=69015.15

Note: The Operating Income data used here is one times the annual (Dec. 2025) 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -16.39% mean?
PT Multi Garam Utama Tbk (ISX:FOLK) has a ROC % of -16.39% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on PT Multi Garam Utama Tbk and its competitors.
Is PT Multi Garam Utama Tbk's ROC % too high?
PT Multi Garam Utama Tbk's current ROC % is -16.39%. Overall, PT Multi Garam Utama Tbk has a GF Score™ of 17/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multi Garam Utama Tbk's ROC % compare to AMZN and BABA?
PT Multi Garam Utama Tbk's ROC % of -16.39% can be compared against companies in the Retail - Cyclical industry. The industry median ROC % is 4.37. 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 Retail - Cyclical company?
The median ROC % among Retail - Cyclical companies is 4.37, based on 1,113 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. 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 Multi Garam Utama Tbk and its competitors. For the Retail - Cyclical industry, the median ROC % is 4.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Garam Utama Tbk's current ROC % is -16.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Garam Utama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multi Garam Utama Tbk (ISX:FOLK) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp32.55, compared to a current price of Rp175.00 — trading 437.6% above its estimated fair value. The current ROC % is -16.39%. PT Multi Garam Utama Tbk's overall GF Score™ is 17/100 with 1 warning sign 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 Multi Garam Utama Tbk (ISX:FOLK), the current ROC % is -16.39% as of Dec. 2025. 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 Multi Garam Utama Tbk (ISX:FOLK) Overvalued in 2026?

Based on GuruFocus' analysis, PT Multi Garam Utama Tbk stock appears to be overvalued. The current stock price of Rp175.00 is trading 437.6% above its estimated GF Value™ of Rp32.55. GuruFocus considers PT Multi Garam Utama Tbk to be Significantly Overvalued.

Key valuation signals for ISX:FOLK:

  • ROC %: -16.39%
  • GF Value™: Rp32.55 vs. price of Rp175.00 (437.6% above fair value)
  • GF Score™: 17/100 with 1 warning sign

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


PT Multi Garam Utama Tbk Business Description

Address Jl. Jend. Sudirman Kav. 52 - 53, Prosperity Tower Unit 17th Floor, District 8, SCBD, Kel. Senayan, Kec. Kebayoran Baru, Jakarta Selatan, Jakarta, IDN, 12190
PT Multi Garam Utama Tbk is a multi-sector holding entity operating under 3 main business pillars, namely New Age Media Commerce, Omni-Channel Retail Brands, and Intellectual Property & Community. The company categorized its operational segments into 5 segments: holding, media, cosmetics, footwear, and soap. The Soap segment derives majority of the revenue.
17GF Score

Get the complete analysis for ISX:FOLK

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

Rp175.00
Price
Rp32.55
GF Value