PT Goto Gojek Tokopedia Tbk (ISX:GOTO) ROCE %: 6.06% (As of Mar. 2026)


ISX:GOTO PT Goto Gojek Tokopedia Tbk ISX:GOTO
73 GF Score
Price Rp50.00
GF Value Rp84.88
Valuation Possible Value Trap
! 5 Warning Signs
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What is PT Goto Gojek Tokopedia Tbk ROCE %?

PT Goto Gojek Tokopedia Tbk ISX:GOTO 73 ROCE % is 6.06% as of Mar. 2026. GuruFocus rates ISX:GOTO with a GF Score™ of 73/100 and a GF Value™ of Rp84.88 (Possible Value Trap). 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 Goto Gojek Tokopedia Tbk's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.06%.

PT Goto Gojek Tokopedia Tbk  (ISX:GOTO) 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 Goto Gojek Tokopedia Tbk ROCE % Related Terms

PT Goto Gojek Tokopedia Tbk ROCE % Historical Data

* Premium members only.

The historical data trend for PT Goto Gojek Tokopedia 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 Goto Gojek Tokopedia Tbk ROCE % Chart

PT Goto Gojek Tokopedia Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial -26.31 -29.90 -107.26 -12.87 -1.65

PT Goto Gojek Tokopedia Tbk Quarterly Data
Dec20 Jul21 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 -1.88 -1.36 -0.32 -3.24 6.06
ISX:GOTO
73GF Score
PT Goto Gojek Tokopedia Tbk ISX:GOTO
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Goto Gojek Tokopedia Tbk ROCE % Calculation

PT Goto Gojek Tokopedia 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 )
=-563888/( ( (43207884 - 10044890) + (45757642 - 10647524) )/ 2 )
=-563888/( (33162994+35110118)/ 2 )
=-563888/34136556
=-1.65 %

PT Goto Gojek Tokopedia 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 )
=2133432/( ( (45757642 - 10647524) + (46776631 - 11445261) )/ 2 )
=2133432/( ( 35110118 + 35331370 )/ 2 )
=2133432/35220744
=6.06 %

(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 6.06% mean?
PT Goto Gojek Tokopedia Tbk (ISX:GOTO) has a ROCE % of 6.06% as of Mar. 2026.
Is PT Goto Gojek Tokopedia Tbk's ROCE % too high?
PT Goto Gojek Tokopedia Tbk's current ROCE % is 6.06%. The Software industry median ROCE % is 5.27. PT Goto Gojek Tokopedia Tbk's value of 6.06% is 15% above this industry median. Overall, PT Goto Gojek Tokopedia Tbk has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Goto Gojek Tokopedia Tbk's ROCE % compare to MSFT and ORCL?
PT Goto Gojek Tokopedia Tbk's ROCE % of 6.06% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. PT Goto Gojek Tokopedia Tbk's value of 6.06% is 15% 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 Software company?
The median ROCE % among Software companies is 5.27, based on 2,713 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 Goto Gojek Tokopedia Tbk's current ROCE % of 6.06% is 15% 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 Software industry, the median ROCE % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Goto Gojek Tokopedia Tbk's current ROCE % is 6.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Goto Gojek Tokopedia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Goto Gojek Tokopedia Tbk (ISX:GOTO) is currently considered Possible Value Trap. The stock's GF Value™ is Rp84.88, compared to a current price of Rp50.00 — trading 41.1% below its estimated fair value. The current ROCE % is 6.06% and 15% above the Software industry median of 5.27. PT Goto Gojek Tokopedia Tbk's overall GF Score™ is 73/100 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 Goto Gojek Tokopedia Tbk (ISX:GOTO), the current ROCE % is 6.06% 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 Goto Gojek Tokopedia Tbk (ISX:GOTO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Goto Gojek Tokopedia Tbk stock appears to be undervalued. The current stock price of Rp50.00 is trading 41.1% below its estimated GF Value™ of Rp84.88. GuruFocus considers PT Goto Gojek Tokopedia Tbk to be Possible Value Trap.

Key valuation signals for ISX:GOTO:

  • ROCE %: 6.06%
  • GF Value™: Rp84.88 vs. price of Rp50.00 (41.1% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 15% above the Software median

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

PT Goto Gojek Tokopedia Tbk Business Description

Other Exchanges GTOFF:USACK8:Germany
Address Jalan Iskandarsyah II No. 2, Gedung Pasaraya Blok M, 6-7th Floor, Jakarta, IDN, 12160
GoTo is an Indonesian ecosystem that combines ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021, but recently divested the e-commerce business into a combined entity with TikTok Indonesia in 2024. Looking ahead, we expect the financial services business to account for the majority of revenue while its on-demand business begins to become less of a priority. Prior to the deconsolidation, 82% of nonfinancial services' gross transactional value came from e-commerce, and the firm will begin to expand into financial services such as providing loans and buy-now, pay-later programs. The company competes with Grab in the ride-hailing and delivery business.
73GF Score

Get the complete analysis for ISX:GOTO

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

Rp50.00
Price
Rp84.88
GF Value