PT Mastersystem Infotama Tbk (ISX:MSTI) ROC %: 31.80% (As of Mar. 2026)


ISX:MSTI PT Mastersystem Infotama Tbk ISX:MSTI
68 GF Score
Price Rp1,280.00
GF Value Rp1,538.44
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Mastersystem Infotama Tbk ROC %?

PT Mastersystem Infotama Tbk ISX:MSTI +1.59% 68 ROC % is 31.80% as of Mar. 2026. GuruFocus rates ISX:MSTI with a GF Score™ of 68/100 and a GF Value™ of Rp1,538.44 (Modestly Undervalued). The stock has 4 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 Mastersystem Infotama Tbk's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 31.80%.

As of today (2026-07-08), PT Mastersystem Infotama Tbk's WACC % is 10.42%. PT Mastersystem Infotama Tbk's ROC % is 36.27% (calculated using TTM income statement data). PT Mastersystem Infotama Tbk generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


PT Mastersystem Infotama Tbk  (ISX:MSTI) 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 Mastersystem Infotama Tbk's WACC % is 10.42%. PT Mastersystem Infotama Tbk's ROC % is 36.27% (calculated using TTM income statement data). PT Mastersystem Infotama Tbk generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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 Mastersystem Infotama Tbk ROC % Related Terms


PT Mastersystem Infotama Tbk ROC % Historical Data

* Premium members only.

The historical data trend for PT Mastersystem Infotama 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 Mastersystem Infotama Tbk ROC % Chart

PT Mastersystem Infotama Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial 45.91 42.60 35.37 40.20 48.34

PT Mastersystem Infotama Tbk Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 35.01 20.60 25.58 64.84 31.80
ISX:MSTI
68GF Score
PT Mastersystem Infotama Tbk ISX:MSTI
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Mastersystem Infotama Tbk ROC % Calculation

PT Mastersystem Infotama 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 )
=664069.633 * ( 1 - 21.85% )/( (1112637.1 + 1034636.143)/ 2 )
=518970.4181895/1073636.6215
=48.34 %

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))
=3111979.369 - 578078.171 - ( 1421264.098 - max(0, 824501.367 - 2872820.232+1421264.098))
=1112637.1

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))
=3461643.403 - 799681.127 - ( 1627326.133 - max(0, 1027376.519 - 3185215.265+1627326.133))
=1034636.143

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

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=467708.688 * ( 1 - 23.25% )/( (1034636.143 + 1223202.921)/ 2 )
=358966.41804/1128919.532
=31.80 %

where

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))
=3461643.403 - 799681.127 - ( 1627326.133 - max(0, 1027376.519 - 3185215.265+1627326.133))
=1034636.143

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))
=3410489.422 - 688129.451 - ( 1499157.05 - max(0, 873565.246 - 3137505.078+1499157.05))
=1223202.921

Note: The Operating Income data used here is four times the quarterly (Mar. 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 31.80% mean?
PT Mastersystem Infotama Tbk (ISX:MSTI) has a ROC % of 31.80% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on PT Mastersystem Infotama Tbk and its competitors.
Is PT Mastersystem Infotama Tbk's ROC % too high?
PT Mastersystem Infotama Tbk's current ROC % is 31.80%. The Software industry median ROC % is 3.06. PT Mastersystem Infotama Tbk's value of 31.80% is 940.9% above this industry median. Overall, PT Mastersystem Infotama Tbk has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mastersystem Infotama Tbk's ROC % compare to IBM and ACN?
PT Mastersystem Infotama Tbk's ROC % of 31.80% can be compared against companies in the Software industry. The industry median ROC % is 3.06. PT Mastersystem Infotama Tbk's value of 31.80% is 940.9% 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 Software company?
The median ROC % among Software companies is 3.06, based on 2,820 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 Mastersystem Infotama Tbk's current ROC % of 31.80% is 940.9% 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 Mastersystem Infotama Tbk and its competitors. For the Software industry, the median ROC % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mastersystem Infotama Tbk's current ROC % is 31.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mastersystem Infotama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mastersystem Infotama Tbk (ISX:MSTI) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,538.44, compared to a current price of Rp1,280.00 — trading 16.8% below its estimated fair value. The current ROC % is 31.80% and 940.9% above the Software industry median of 3.06. PT Mastersystem Infotama Tbk's overall GF Score™ is 68/100 with 4 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 Mastersystem Infotama Tbk (ISX:MSTI), the current ROC % is 31.80% as of Mar. 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 Mastersystem Infotama Tbk (ISX:MSTI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mastersystem Infotama Tbk stock appears to be undervalued. The current stock price of Rp1,280.00 is trading 16.8% below its estimated GF Value™ of Rp1,538.44. GuruFocus considers PT Mastersystem Infotama Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MSTI:

  • ROC %: 31.80%
  • GF Value™: Rp1,538.44 vs. price of Rp1,280.00 (16.8% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 940.9% above the Software median

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


PT Mastersystem Infotama Tbk Business Description

Address Sudirman Building 7-8 Tower I, 25th Floor Jl. Jend, Sudirman Kav 7-8, Jakarta Pusat, Jakarta, IDN, 10220
PT Mastersystem Infotama Tbk is a system integration service provider in Indonesia. The Company offers a comprehensive range of Information and Communication Technology (ICT) solutions to customers by integrating various hardware, software, network, and communications components into a cohesive and functional system, thereby enabling seamless collaboration and interaction between existing technology systems. The Company provides comprehensive services for customers by planning, designing, implementing, and optimizing ICT infrastructure and offering solutions that support the achievement of increased efficiency, scalability, and productivity, so that customers can achieve sustainable business activity growth. The company generates the majority of its revenue from Hardware sales.
68GF Score

Get the complete analysis for ISX:MSTI

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

Rp1,280.00
Price
Rp1,538.44
GF Value