PT Marga Abhinaya Abadi Tbk (ISX:MABA) ROC %: -1.79% (As of Dec. 2019)

What is PT Marga Abhinaya Abadi Tbk ROC %?

PT Marga Abhinaya Abadi Tbk ISX:MABA ROC % is -1.79% as of Dec. 2019.

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 Marga Abhinaya Abadi Tbk's annualized return on capital (ROC %) for the quarter that ended in Dec. 2019 was -1.79%.

As of today (2026-07-01), PT Marga Abhinaya Abadi Tbk's WACC % is 0.00%. PT Marga Abhinaya Abadi Tbk's ROC % is 0.00% (calculated using TTM income statement data). PT Marga Abhinaya Abadi Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.

PT Marga Abhinaya Abadi Tbk (ISX:MABA) 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 Marga Abhinaya Abadi Tbk's WACC % is 0.00%. PT Marga Abhinaya Abadi Tbk's ROC % is 0.00% (calculated using TTM income statement data). PT Marga Abhinaya Abadi 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 Marga Abhinaya Abadi Tbk ROC % Related Terms

PT Marga Abhinaya Abadi Tbk ROC % Historical Data

* Premium members only.

The historical data trend for PT Marga Abhinaya Abadi 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 Marga Abhinaya Abadi Tbk ROC % Chart

PT Marga Abhinaya Abadi Tbk Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

ROC %

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-1.20

1.39

-1.52

-1.21

-2.33

PT Marga Abhinaya Abadi Tbk Quarterly Data
	Dec13	Dec14	Dec15	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
ROC %	Get a 7-Day Free Trial												0.27	-2.95	-2.28	-1.97	-1.79

PT Marga Abhinaya Abadi Tbk ROC % Calculation

PT Marga Abhinaya Abadi Tbk's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2019 is calculated as:

	ROC % (A: Dec. 2019 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2018 )	+	Invested Capital (A: Dec. 2019 ))	/ count )
=	-45855.446 * ( 1 - 0% )	/	( (2108961.522	+	1834065.46)	/ 2 )
=	-45855.446	/	1971513.491
=	-2.33 %

where

	Invested Capital		(A: Dec. 2018 )
=	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	))
=	2308896.586	-	192287.032	-	( 7648.032	-	max(0, 963438.714	-	1636315.682	+	7648.032	))
=	2108961.522

	Invested Capital		(A: Dec. 2019 )
=	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	))
=	2225370.766	-	386840.312	-	( 4464.994	-	max(0, 1160714.263	-	1577793.811	+	4464.994	))
=	1834065.46

PT Marga Abhinaya Abadi Tbk's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2019 is calculated as:

	ROC % (Q: Dec. 2019 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2019 )	+	Invested Capital (Q: Dec. 2019 ))	/ count )
=	-34395.84 * ( 1 - 0% )	/	( (2006831.647	+	1834065.46)	/ 2 )
=	-34395.84	/	1920448.5535
=	-1.79 %

where

	Invested Capital		(Q: Sep. 2019 )
=	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	))
=	2291029.803	-	280258.084	-	( 3940.072	-	max(0, 694323.313	-	1637185.896	+	3940.072	))
=	2006831.647

	Invested Capital		(Q: Dec. 2019 )
=	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	))
=	2225370.766	-	386840.312	-	( 4464.994	-	max(0, 1160714.263	-	1577793.811	+	4464.994	))
=	1834065.46

Note: The Operating Income data used here is four times the quarterly (Dec. 2019) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -1.79% mean?

PT Marga Abhinaya Abadi Tbk (ISX:MABA) has a ROC % of -1.79% as of Dec. 2019. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on PT Marga Abhinaya Abadi Tbk and its competitors.

Is PT Marga Abhinaya Abadi Tbk's ROC % too high?

PT Marga Abhinaya Abadi Tbk's current ROC % is -1.79%.

How does PT Marga Abhinaya Abadi Tbk's ROC % compare to competitors?

PT Marga Abhinaya Abadi Tbk's ROC % of -1.79% can be compared against companies in the Travel & Leisure industry. The industry median ROC % is 3.77. 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 Travel & Leisure company?

The median ROC % among Travel & Leisure companies is 3.77, based on 834 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 Marga Abhinaya Abadi Tbk and its competitors. For the Travel & Leisure industry, the median ROC % is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Marga Abhinaya Abadi Tbk's current ROC % is -1.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is PT Marga Abhinaya Abadi Tbk stock overvalued right now?

PT Marga Abhinaya Abadi Tbk (ISX:MABA) has a current ROC % of -1.79%. The current ROC % is -1.79%. 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 Marga Abhinaya Abadi Tbk (ISX:MABA), the current ROC % is -1.79% as of Dec. 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 Marga Abhinaya Abadi Tbk Business Description

Industry Consumer Cyclical Travel & Leisure

Comparable Companies SGX:H18 SZSE:000888 SGX:B16 SZSE:000007 SZSE:002033 SZSE:002059 SGX:BDX ZAG:RIVP ASX:MTR HKSE:01270 TPE:2707 LSE:PPH XSWX:ODHN HKSE:00078 JSE:CLH XPAR:ALPCI ZAG:PLAG XKLS:5517 SZSE:000428 BOM:532189

Address Jalan Raya Pasar Minggu Number 18, ITS Tower, Lantai 3 - Nifarro Park, Jakarta Selatan, Jakarta, IDN, 12510

Website http://www.mabaindonesia.com

PT Marga Abhinaya Abadi Tbk operates in the hospitality industry. The company classifies its business activities into three operating business segments, namely Hotel business, Restaurant and Cafe, as well as Property business. The company taps the opportunity in Restaurant business using Rantang Ibu - Taste of Nusantara brand, and two brands of coffee shops: 8:AM Coffee and Kopi Bagoos. The Property business includes the sales of properties, such as an apartment, housing and office buildings. The majority of its revenue is derived from the Hotel business.