PT Bukit Asam (Persero) Tbk (FRA:TBA) ROCE %: 13.24% (As of Mar. 2026)


FRA:TBA PT Bukit Asam (Persero) Tbk FRA:TBA
79 GF Score
Price €0.11
GF Value €0.12
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT Bukit Asam (Persero) Tbk ROCE %?

PT Bukit Asam (Persero) Tbk FRA:TBA -1.87% 79 ROCE % is 13.24% as of Mar. 2026. GuruFocus rates FRA:TBA with a GF Score™ of 79/100 and a GF Value™ of €0.12 (Modestly Undervalued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. PT Bukit Asam (Persero) Tbk's annualized ROCE % for the quarter that ended in Mar. 2026 was 13.24%.

PT Bukit Asam (Persero) Tbk  (FRA:TBA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

PT Bukit Asam (Persero) Tbk ROCE % Related Terms

PT Bukit Asam (Persero) Tbk ROCE % Historical Data

* Premium members only.

The historical data trend for PT Bukit Asam (Persero) Tbk's ROCE % 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 Bukit Asam (Persero) Tbk ROCE % Chart

PT Bukit Asam (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.01 51.15 25.75 22.04 12.12

PT Bukit Asam (Persero) Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 7.22 8.29 11.83 27.03 13.24
FRA:TBA
79GF Score
PT Bukit Asam (Persero) Tbk FRA:TBA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bukit Asam (Persero) Tbk ROCE % Calculation

PT Bukit Asam (Persero) Tbk's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=204.252/( ( (2488.506 - 713.151) + (2244.86 - 650.559) )/ 2 )
=204.252/( (1775.355+1594.301)/ 2 )
=204.252/1684.828
=12.12 %

PT Bukit Asam (Persero) Tbk's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=216.988/( ( (2244.86 - 650.559) + (2208.732 - 525.707) )/ 2 )
=216.988/( ( 1594.301 + 1683.025 )/ 2 )
=216.988/1638.663
=13.24 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 13.24% mean?
PT Bukit Asam (Persero) Tbk (FRA:TBA) has a ROCE % of 13.24% as of Mar. 2026.
Is PT Bukit Asam (Persero) Tbk's ROCE % too high?
PT Bukit Asam (Persero) Tbk's current ROCE % is 13.24%. The Other Energy Sources industry median ROCE % is 1.16. PT Bukit Asam (Persero) Tbk's value of 13.24% is 1041.4% above this industry median. Overall, PT Bukit Asam (Persero) Tbk has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bukit Asam (Persero) Tbk's ROCE % compare to competitors?
PT Bukit Asam (Persero) Tbk's ROCE % of 13.24% can be compared against companies in the Other Energy Sources industry. The industry median ROCE % is 1.16. PT Bukit Asam (Persero) Tbk's value of 13.24% is 1041.4% 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 ROCE % for an Other Energy Sources company?
The median ROCE % among Other Energy Sources companies is 1.16, based on 177 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Bukit Asam (Persero) Tbk's current ROCE % of 13.24% is 1041.4% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Other Energy Sources industry, the median ROCE % is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bukit Asam (Persero) Tbk's current ROCE % is 13.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bukit Asam (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk (FRA:TBA) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.12, compared to a current price of €0.11 — trading 12.5% below its estimated fair value. The current ROCE % is 13.24% and 1041.4% above the Other Energy Sources industry median of 1.16. PT Bukit Asam (Persero) Tbk's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For PT Bukit Asam (Persero) Tbk (FRA:TBA), the current ROCE % is 13.24% 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 Bukit Asam (Persero) Tbk (FRA:TBA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk stock appears to be undervalued. The current stock price of €0.11 is trading 12.5% below its estimated GF Value™ of €0.12. GuruFocus considers PT Bukit Asam (Persero) Tbk to be Modestly Undervalued.

Key valuation signals for FRA:TBA:

  • ROCE %: 13.24%
  • GF Value™: €0.12 vs. price of €0.11 (12.5% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 1041.4% above the Other Energy Sources median

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

PT Bukit Asam (Persero) Tbk Business Description

Address Jalan Parigi No. 1, Tanjung Enim, Muara Enim, South Sumatra, 5d356, Palembang, IDN, 31716
PT Bukit Asam (Persero) Tbk operates in Indonesia's energy sector, managing coal reserves and producing coal for domestic and export markets. The operations of the company include logistics and infrastructure for coal distribution via dedicated routes and railways, downstream processing of coal for power generation and derivative products, and development of renewable energy projects, including solar power (PV) and biomass.
79GF Score

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

€0.11
Price
€0.12
GF Value