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. Perusahaan Gas Negara (Persero) Tbk PT's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.81%.
Perusahaan Gas Negara (Persero) Tbk PT (ISX:PGAS) 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.
Perusahaan Gas Negara (Persero) Tbk PT ROCE % Related Terms
Perusahaan Gas Negara (Persero) Tbk PT ROCE % Historical 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.
Perusahaan Gas Negara (Persero) Tbk PT ROCE % Chart
Perusahaan Gas Negara (Persero) Tbk PT Annual Data
(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.
Perusahaan Gas Negara (Persero) Tbk PT (ISX:PGAS) has a ROCE % of 11.81% as of Mar. 2026.
Is Perusahaan Gas Negara (Persero) Tbk PT's ROCE % too high?
Perusahaan Gas Negara (Persero) Tbk PT's current ROCE % is 11.81%. The Utilities - Regulated industry median ROCE % is 6.91. Perusahaan Gas Negara (Persero) Tbk PT's value of 11.81% is 70.9% above this industry median. Overall, Perusahaan Gas Negara (Persero) Tbk PT has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Perusahaan Gas Negara (Persero) Tbk PT's ROCE % compare to ATO and NI?
Perusahaan Gas Negara (Persero) Tbk PT's ROCE % of 11.81% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.91. Perusahaan Gas Negara (Persero) Tbk PT's value of 11.81% is 70.9% 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 Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.91, based on 504 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. Perusahaan Gas Negara (Persero) Tbk PT's current ROCE % of 11.81% is 70.9% 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 Utilities - Regulated industry, the median ROCE % is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perusahaan Gas Negara (Persero) Tbk PT's current ROCE % is 11.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perusahaan Gas Negara (Persero) Tbk PT stock overvalued right now?
Based on GuruFocus' analysis, Perusahaan Gas Negara (Persero) Tbk PT (ISX:PGAS) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,791.42, compared to a current price of Rp1,520.00 — trading 15.2% below its estimated fair value. The current ROCE % is 11.81% and 70.9% above the Utilities - Regulated industry median of 6.91. Perusahaan Gas Negara (Persero) Tbk PT's overall GF Score™ is 95/100 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 Perusahaan Gas Negara (Persero) Tbk PT (ISX:PGAS), the current ROCE % is 11.81% 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 Perusahaan Gas Negara (Persero) Tbk PT (ISX:PGAS) Overvalued in 2026?
Based on GuruFocus' analysis, Perusahaan Gas Negara (Persero) Tbk PT stock appears to be undervalued.
The current stock price of Rp1,520.00 is trading 15.2% below its estimated GF Value™ of Rp1,791.42.
GuruFocus considers Perusahaan Gas Negara (Persero) Tbk PT to be Modestly Undervalued.
Key valuation signals for ISX:PGAS:
ROCE %: 11.81%
GF Value™: Rp1,791.42 vs. price of Rp1,520.00 (15.2% below fair value)
Industry Position: 70.9% above the Utilities - Regulated median
No single metric tells the full story. See the ISX:PGAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Perusahaan Gas Negara (Persero) Tbk PT Business Description
Perusahaan Gas Negara (Persero) Tbk PT is an Indonesian natural gas company of which the Republic of Indonesia holds a majority stake. PGN is involved in the transmission and distribution of natural gas. The company's segments include Natural gas trading and transmission, Exploration and production of oil and gas, and Other operation.
95GF Score
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