PT Trimegah Bangun Persada Tbk (ISX:NCKL) ROCE %: 23.05% (As of Mar. 2026)


ISX:NCKL PT Trimegah Bangun Persada Tbk ISX:NCKL
97 GF Score
Price Rp860.00
GF Value Rp1,195.64
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is PT Trimegah Bangun Persada Tbk ROCE %?

PT Trimegah Bangun Persada Tbk ISX:NCKL +5.52% 97 ROCE % is 23.05% as of Mar. 2026. GuruFocus rates ISX:NCKL with a GF Score™ of 97/100 and a GF Value™ of Rp1,195.64 (Modestly Undervalued). The stock has 3 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 Trimegah Bangun Persada Tbk's annualized ROCE % for the quarter that ended in Mar. 2026 was 23.05%.


PT Trimegah Bangun Persada Tbk  (ISX:NCKL) 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 Trimegah Bangun Persada Tbk ROCE % Related Terms


PT Trimegah Bangun Persada Tbk ROCE % Historical Data

* Premium members only.

The historical data trend for PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk ROCE % Chart

PT Trimegah Bangun Persada Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 35.62 36.85 29.19 22.99 25.25

PT Trimegah Bangun Persada Tbk Quarterly Data
Dec19 Dec20 Dec21 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 22.18 27.93 26.31 25.52 23.05
ISX:NCKL
97GF Score
PT Trimegah Bangun Persada Tbk ISX:NCKL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Trimegah Bangun Persada Tbk ROCE % Calculation

PT Trimegah Bangun Persada 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 )
=12816161/( ( (52253838 - 5853566) + (61770103 - 6657018) )/ 2 )
=12816161/( (46400272+55113085)/ 2 )
=12816161/50756678.5
=25.25 %

PT Trimegah Bangun Persada 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 )
=13022484/( ( (61770103 - 6657018) + (64985676 - 7086954) )/ 2 )
=13022484/( ( 55113085 + 57898722 )/ 2 )
=13022484/56505903.5
=23.05 %

(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 23.05% mean?
PT Trimegah Bangun Persada Tbk (ISX:NCKL) has a ROCE % of 23.05% as of Mar. 2026.
Is PT Trimegah Bangun Persada Tbk's ROCE % too high?
PT Trimegah Bangun Persada Tbk's current ROCE % is 23.05%. Overall, PT Trimegah Bangun Persada Tbk has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Trimegah Bangun Persada Tbk's ROCE % compare to competitors?
PT Trimegah Bangun Persada Tbk's ROCE % of 23.05% can be compared against companies in the Metals & Mining industry. 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 Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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. PT Trimegah Bangun Persada Tbk's current ROCE % is 23.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Trimegah Bangun Persada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Trimegah Bangun Persada Tbk (ISX:NCKL) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,195.64, compared to a current price of Rp860.00 — trading 28.1% below its estimated fair value. The current ROCE % is 23.05%. PT Trimegah Bangun Persada Tbk's overall GF Score™ is 97/100 with 3 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 Trimegah Bangun Persada Tbk (ISX:NCKL), the current ROCE % is 23.05% 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 Trimegah Bangun Persada Tbk (ISX:NCKL) Overvalued in 2026?

Based on GuruFocus' analysis, PT Trimegah Bangun Persada Tbk stock appears to be undervalued. The current stock price of Rp860.00 is trading 28.1% below its estimated GF Value™ of Rp1,195.64. GuruFocus considers PT Trimegah Bangun Persada Tbk to be Modestly Undervalued.

Key valuation signals for ISX:NCKL:

  • ROCE %: 23.05%
  • GF Value™: Rp1,195.64 vs. price of Rp860.00 (28.1% below fair value)
  • GF Score™: 97/100 with 3 warning signs

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


PT Trimegah Bangun Persada Tbk Business Description

Address Jalan Jendral Sudirman Kav. 1, Panin Bank Building, Kelurahan Gelora, Kecamatan Tanah Abang, Jakarta Pusat, IDN, 10270
PT Trimegah Bangun Persada Tbk is an Indonesian nickel producer with upstream and downstream capabilities mainly based on the Obi Islands in North Maluku province. TBP Group is the pure-play nickel producer in Indonesia. Since its establishment, it has gained vital support from controlling owner Harita Jayaraya, part of the Harita Group, a conglomerate with over 100 years of business experience in Indonesia.
97GF Score

Get the complete analysis for ISX:NCKL

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

Rp860.00
Price
Rp1,195.64
GF Value