PT Aksara Global Development Tbk (ISX:GAMA) ROC %: -0.99% (As of Sep. 2022)


ISX:GAMA PT Aksara Global Development Tbk ISX:GAMA
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What is PT Aksara Global Development Tbk ROC %?

PT Aksara Global Development Tbk ISX:GAMA 4 ROC % is -0.99% as of Sep. 2022. GuruFocus rates ISX:GAMA with a GF Score™ of 4/100.

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 Aksara Global Development Tbk's annualized return on capital (ROC %) for the quarter that ended in Sep. 2022 was -0.99%.

As of today (2026-06-26), PT Aksara Global Development Tbk's WACC % is 0.00%. PT Aksara Global Development Tbk's ROC % is 0.00% (calculated using TTM income statement data). PT Aksara Global Development Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.

PT Aksara Global Development Tbk  (ISX:GAMA) 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 Aksara Global Development Tbk's WACC % is 0.00%. PT Aksara Global Development Tbk's ROC % is 0.00% (calculated using TTM income statement data). PT Aksara Global Development 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 Aksara Global Development Tbk ROC % Related Terms

PT Aksara Global Development Tbk ROC % Historical Data

* Premium members only.

The historical data trend for PT Aksara Global Development 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 Aksara Global Development Tbk ROC % Chart

PT Aksara Global Development Tbk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.70 0.78 -0.66 -0.60

PT Aksara Global Development Tbk Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROC % 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 -0.55 -0.51 -0.14 -1.08 -0.99
ISX:GAMA
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PT Aksara Global Development Tbk ISX:GAMA
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PT Aksara Global Development Tbk ROC % Calculation

PT Aksara Global Development Tbk's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2021 is calculated as:

ROC % (A: Dec. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2020 ) + Invested Capital (A: Dec. 2021 ))/ count )
=-7525.25 * ( 1 - 0.47% )/( (1277187.668 + 1210997.649)/ 2 )
=-7489.881325/1244092.6585
=-0.60 %

where

Invested Capital(A: Dec. 2020 )
=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))
=1405034.478 - 84679.405 - ( 43167.405 - max(0, 227360.776 - 555224.107+43167.405))
=1277187.668

Invested Capital(A: Dec. 2021 )
=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))
=1381974.198 - 165867.938 - ( 5108.611 - max(0, 212966.162 - 532039.027+5108.611))
=1210997.649

PT Aksara Global Development Tbk's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-11594.196 * ( 1 - 0% )/( (1175240.871 + 1159940.709)/ 2 )
=-11594.196/1167590.79
=-0.99 %

where

Invested Capital(Q: Jun. 2022 )
=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))
=1378554.026 - 200594.42 - ( 2718.735 - max(0, 254515.562 - 530426.001+2718.735))
=1175240.871

Invested Capital(Q: Sep. 2022 )
=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))
=1376916.274 - 215335.567 - ( 1639.998 - max(0, 269324.33 - 529305.55+1639.998))
=1159940.709

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) 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 -0.99% mean?
PT Aksara Global Development Tbk (ISX:GAMA) has a ROC % of -0.99% as of Sep. 2022. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on PT Aksara Global Development Tbk and its competitors.
Is PT Aksara Global Development Tbk's ROC % too high?
PT Aksara Global Development Tbk's current ROC % is -0.99%. Overall, PT Aksara Global Development Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Aksara Global Development Tbk's ROC % compare to competitors?
PT Aksara Global Development Tbk's ROC % of -0.99% can be compared against companies in the Real Estate industry. The industry median ROC % is 2.19. 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 Real Estate company?
The median ROC % among Real Estate companies is 2.19, based on 1,757 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 Aksara Global Development Tbk and its competitors. For the Real Estate industry, the median ROC % is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Aksara Global Development Tbk's current ROC % is -0.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Aksara Global Development Tbk stock overvalued right now?
PT Aksara Global Development Tbk (ISX:GAMA) has a current ROC % of -0.99%. The current ROC % is -0.99%. PT Aksara Global Development Tbk's overall GF Score™ is 4/100. 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 Aksara Global Development Tbk (ISX:GAMA), the current ROC % is -0.99% as of Sep. 2022. 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 Aksara Global Development Tbk Business Description

Address Jalan Otista Raya No. 23, RT 003 RW 011, Kec. Ciputat, Kota Tangerang Selatan, Banten, IDN, 15412
PT Aksara Global Development Tbk is engaged in the development of affordable homes and apartments which cater to Indonesia's expanding middle-class income families in growing second-tier cities and urban areas. The company's operating segment includes Apartments; Houses and others. It generates maximum revenue from the Apartment segment.
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