PT Multi Indocitra Tbk (ISX:MICE) ROC %: 8.65% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:MICE PT Multi Indocitra Tbk ISX:MICE
90 GF Score
Price Rp520.00
GF Value Rp603.15
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is PT Multi Indocitra Tbk ROC %?

PT Multi Indocitra Tbk ISX:MICE 90 ROC % is 8.65% as of Jun. 2026. GuruFocus rates ISX:MICE with a GF Score™ of 90/100 and a GF Value™ of Rp603.15 (Modestly Undervalued). The stock has 5 warning signs 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 Indocitra Tbk's annualized return on capital (ROC %) for the quarter that ended in Jun. 2026 was 8.65%.

As of today (2026-08-12), PT Multi Indocitra Tbk's WACC % is 6.30%. PT Multi Indocitra Tbk's ROC % is 4.83% (calculated using TTM income statement data). PT Multi Indocitra Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.


PT Multi Indocitra Tbk  (ISX:MICE) 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 Indocitra Tbk's WACC % is 6.30%. PT Multi Indocitra Tbk's ROC % is 4.83% (calculated using TTM income statement data). PT Multi Indocitra 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 Indocitra Tbk ROC % Related Terms


PT Multi Indocitra Tbk ROC % Historical Data

* Premium members only.

The historical data trend for PT Multi Indocitra 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 Indocitra Tbk ROC % Chart

PT Multi Indocitra Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.08 6.93 6.31 5.65 5.19

PT Multi Indocitra Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.86 6.97 2.90 0.64 8.65
ISX:MICE
90GF Score
PT Multi Indocitra Tbk ISX:MICE
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Multi Indocitra Tbk ROC % Calculation

PT Multi Indocitra 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 )
=98259.25 * ( 1 - 34.92% )/( (1201744.768 + 1263893.783)/ 2 )
=63947.1199/1232819.2755
=5.19 %

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))
=1418635.35 - 135017.594 - ( 81872.988 - max(0, 439075.256 - 740887.585+81872.988))
=1201744.768

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))
=1477594.203 - 138211.489 - ( 75488.931 - max(0, 461601.767 - 790920.492+75488.931))
=1263893.783

PT Multi Indocitra Tbk's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=140522.784 * ( 1 - 20.62% )/( (1276242.049 + 1304231.088)/ 2 )
=111546.9859392/1290236.5685
=8.65 %

where

Invested Capital(Q: Mar. 2026 )
=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))
=1487327.295 - 137604.422 - ( 73480.824 - max(0, 475063.833 - 806605.846+73480.824))
=1276242.049

Invested Capital(Q: Jun. 2026 )
=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))
=1509643.291 - 129838.982 - ( 75573.221 - max(0, 476365.828 - 828027.811+75573.221))
=1304231.088

Note: The Operating Income data used here is four times the quarterly (Jun. 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 8.65% mean?
PT Multi Indocitra Tbk (ISX:MICE) has a ROC % of 8.65% as of Jun. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on PT Multi Indocitra Tbk and its competitors.
Is PT Multi Indocitra Tbk's ROC % too high?
PT Multi Indocitra Tbk's current ROC % is 8.65%. The Consumer Packaged Goods industry median ROC % is 5.34. PT Multi Indocitra Tbk's value of 8.65% is 62% above this industry median. Overall, PT Multi Indocitra Tbk has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Multi Indocitra Tbk's ROC % compare to PG and CL?
PT Multi Indocitra Tbk's ROC % of 8.65% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROC % is 5.34. PT Multi Indocitra Tbk's value of 8.65% is 62% above 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 Consumer Packaged Goods company?
The median ROC % among Consumer Packaged Goods companies is 5.34, based on 1,943 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 Multi Indocitra Tbk's current ROC % of 8.65% is 62% above 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 Multi Indocitra Tbk and its competitors. For the Consumer Packaged Goods industry, the median ROC % is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Indocitra Tbk's current ROC % is 8.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Indocitra Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multi Indocitra Tbk (ISX:MICE) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp603.15, compared to a current price of Rp520.00 — trading 13.8% below its estimated fair value. The current ROC % is 8.65% and 62% above the Consumer Packaged Goods industry median of 5.34. PT Multi Indocitra Tbk's overall GF Score™ is 90/100 with 5 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 Multi Indocitra Tbk (ISX:MICE), the current ROC % is 8.65% as of Jun. 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 Multi Indocitra Tbk (ISX:MICE) Overvalued in 2026?

Based on GuruFocus' analysis, PT Multi Indocitra Tbk stock appears to be undervalued. The current stock price of Rp520.00 is trading 13.8% below its estimated GF Value™ of Rp603.15. GuruFocus considers PT Multi Indocitra Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MICE:

  • ROC %: 8.65%
  • GF Value™: Rp603.15 vs. price of Rp520.00 (13.8% below fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 62% above the Consumer Packaged Goods median

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


PT Multi Indocitra Tbk Business Description

Address Jalan Gajah Mada No. 188, Green Central City, Commercial Area, 6th Floor, Jakarta Barat, Glodok, Taman Sari, Jakarta, IDN, 11120
PT Multi Indocitra Tbk is mainly engaged in general trading of commercial baby's products and health care and cosmetics products. The Company produces and distributes consumer goods of baby and health care products and cosmetics. The company's Business segments are Trading, Services, and Industry. The company generates majority of revenue from Trading segment. The company's brands are Pigeon Baby, Pigeon Teens, Kaila, Kaila Beaute, Feira White, Mattel Indonesia, Youvit, HORI, HOYA, Lansinoh, Amara, Poipoi, Granova, Bumil.
90GF Score

Get the complete analysis for ISX:MICE

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

Rp520.00
Price
Rp603.15
GF Value