PT Surya Toto Indonesia Tbk (ISX:TOTO) ROC %: 5.60% (As of Mar. 2026)


ISX:TOTO PT Surya Toto Indonesia Tbk ISX:TOTO
89 GF Score
Price Rp234.00
GF Value Rp244.99
Valuation Fairly Valued
! 2 Warning Signs
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What is PT Surya Toto Indonesia Tbk ROC %?

PT Surya Toto Indonesia Tbk ISX:TOTO +0.86% 89 ROC % is 5.60% as of Mar. 2026. GuruFocus rates ISX:TOTO with a GF Score™ of 89/100 and a GF Value™ of Rp244.99 (Fairly Valued). The stock has 2 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 Surya Toto Indonesia Tbk's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 5.60%.

As of today (2026-06-27), PT Surya Toto Indonesia Tbk's WACC % is 7.49%. PT Surya Toto Indonesia Tbk's ROC % is 9.66% (calculated using TTM income statement data). PT Surya Toto Indonesia 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 Surya Toto Indonesia Tbk  (ISX:TOTO) 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 Surya Toto Indonesia Tbk's WACC % is 7.49%. PT Surya Toto Indonesia Tbk's ROC % is 9.66% (calculated using TTM income statement data). PT Surya Toto Indonesia 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 Surya Toto Indonesia Tbk ROC % Related Terms


PT Surya Toto Indonesia Tbk ROC % Historical Data

* Premium members only.

The historical data trend for PT Surya Toto Indonesia 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 Surya Toto Indonesia Tbk ROC % Chart

PT Surya Toto Indonesia 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 5.58 11.19 8.29 10.12 11.10

PT Surya Toto Indonesia Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.13 10.51 11.15 11.56 5.60
ISX:TOTO
89GF Score
PT Surya Toto Indonesia Tbk ISX:TOTO
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Surya Toto Indonesia Tbk ROC % Calculation

PT Surya Toto Indonesia 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 )
=400660.713 * ( 1 - 19.97% )/( (2867587.465 + 2909828.281)/ 2 )
=320648.7686139/2888707.873
=11.10 %

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))
=3451053.901 - 247717.163 - ( 335749.273 - max(0, 448729.782 - 1629576.277+335749.273))
=2867587.465

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))
=3519196.159 - 202114.601 - ( 407253.277 - max(0, 402048.718 - 1706914.245+407253.277))
=2909828.281

PT Surya Toto Indonesia 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 )
=210637.852 * ( 1 - 22% )/( (2909828.281 + 2959495.78)/ 2 )
=164297.52456/2934662.0305
=5.60 %

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))
=3519196.159 - 202114.601 - ( 407253.277 - max(0, 402048.718 - 1706914.245+407253.277))
=2909828.281

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))
=3411741.736 - 132707.315 - ( 319538.641 - max(0, 255401.029 - 1605065.939+319538.641))
=2959495.78

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 5.60% mean?
PT Surya Toto Indonesia Tbk (ISX:TOTO) has a ROC % of 5.60% 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 Surya Toto Indonesia Tbk and its competitors.
Is PT Surya Toto Indonesia Tbk's ROC % too high?
PT Surya Toto Indonesia Tbk's current ROC % is 5.60%. The Construction industry median ROC % is 4.65. PT Surya Toto Indonesia Tbk's value of 5.60% is 20.4% above this industry median. Overall, PT Surya Toto Indonesia Tbk has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Surya Toto Indonesia Tbk's ROC % compare to TT and JCI?
PT Surya Toto Indonesia Tbk's ROC % of 5.60% can be compared against companies in the Construction industry. The industry median ROC % is 4.65. PT Surya Toto Indonesia Tbk's value of 5.60% is 20.4% 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 Construction company?
The median ROC % among Construction companies is 4.65, based on 1,755 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 Surya Toto Indonesia Tbk's current ROC % of 5.60% is 20.4% 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 Surya Toto Indonesia Tbk and its competitors. For the Construction industry, the median ROC % is 4.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Surya Toto Indonesia Tbk's current ROC % is 5.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Surya Toto Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Surya Toto Indonesia Tbk (ISX:TOTO) is currently considered Fairly Valued. The stock's GF Value™ is Rp244.99, compared to a current price of Rp234.00 — trading 4.5% below its estimated fair value. The current ROC % is 5.60% and 20.4% above the Construction industry median of 4.65. PT Surya Toto Indonesia Tbk's overall GF Score™ is 89/100 with 2 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 Surya Toto Indonesia Tbk (ISX:TOTO), the current ROC % is 5.60% 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 Surya Toto Indonesia Tbk (ISX:TOTO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Surya Toto Indonesia Tbk stock appears to be undervalued. The current stock price of Rp234.00 is trading 4.5% below its estimated GF Value™ of Rp244.99. GuruFocus considers PT Surya Toto Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:TOTO:

  • ROC %: 5.60%
  • GF Value™: Rp244.99 vs. price of Rp234.00 (4.5% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 20.4% above the Construction median

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


PT Surya Toto Indonesia Tbk Business Description

Address Jalan Letjen S. Parman Kav. 81, Jakarta, IDN, 11420
PT Surya Toto Indonesia Tbk is an Indonesia-based company engaged in the manufacturing and sale of sanitary ware, fittings, kitchen systems, and other related activities. Its product offerings include closets, washbasins, faucets, showers, kitchen systems, wardrobes, and other related products, marketed under the TOTO brand. The company's operating segments are based on its product categories and include Sanitary, which derives maximum revenue, Fittings, Kitchen systems, and Electrical appliances and accessories. Geographically, it generates maximum revenue from the domestic market and also exports its products to other countries.
89GF Score

Get the complete analysis for ISX:TOTO

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

Rp234.00
Price
Rp244.99
GF Value