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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. PTranacentral Bajatama Tbk's annualized ROCE % for the quarter that ended in Jun. 2026 was 382.39%.
PTranacentral Bajatama Tbk (ISX:BAJA) 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.
* 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.
(1) Note:
The EBIT data used here is four times the quarterly (Jun. 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.
PTranacentral Bajatama Tbk (ISX:BAJA) has a ROCE % of 382.39% as of Jun. 2026.
Is PTranacentral Bajatama Tbk's ROCE % too high?
PTranacentral Bajatama Tbk's current ROCE % is 382.39%. The Steel industry median ROCE % is 5.93. PTranacentral Bajatama Tbk's value of 382.39% is 6348.4% above this industry median. Overall, PTranacentral Bajatama Tbk has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PTranacentral Bajatama Tbk's ROCE % compare to NUE and STLD?
PTranacentral Bajatama Tbk's ROCE % of 382.39% can be compared against companies in the Steel industry. The industry median ROCE % is 5.93. PTranacentral Bajatama Tbk's value of 382.39% is 6348.4% 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 a Steel company?
The median ROCE % among Steel companies is 5.93, based on 618 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. PTranacentral Bajatama Tbk's current ROCE % of 382.39% is 6348.4% 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 Steel industry, the median ROCE % is 5.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTranacentral Bajatama Tbk's current ROCE % is 382.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTranacentral Bajatama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PTranacentral Bajatama Tbk (ISX:BAJA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp155.78, compared to a current price of Rp362.00 — trading 132.4% above its estimated fair value. The current ROCE % is 382.39% and 6348.4% above the Steel industry median of 5.93. PTranacentral Bajatama Tbk's overall GF Score™ is 53/100 with 8 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 PTranacentral Bajatama Tbk (ISX:BAJA), the current ROCE % is 382.39% 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 PTranacentral Bajatama Tbk (ISX:BAJA) Overvalued in 2026?
Based on GuruFocus' analysis, PTranacentral Bajatama Tbk stock appears to be overvalued.
The current stock price of Rp362.00 is trading 132.4% above its estimated GF Value™ of Rp155.78.
GuruFocus considers PTranacentral Bajatama Tbk to be Significantly Overvalued.
Key valuation signals for ISX:BAJA:
ROCE %: 382.39%
GF Value™: Rp155.78 vs. price of Rp362.00 (132.4% above fair value)
No single metric tells the full story. See the ISX:BAJA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Saranacentral Bajatama Tbk is involved in the manufacture and sale of steel products in Indonesia. The company manufactures three types of coated steel products, namely, galvanized steel, Saranalume aluminum-zinc-coated steel, and Sarancolor painted zinc-coated steel. The company's products are used in various applications, including building, electrical machinery, and motor vehicles. The company has four reportable segments, including galvanized, saranalume, coloring, and non-production. The company derives the majority of its revenue from the Saranalume segment.
53GF Score
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