PT Polaris Investama Tbk (ISX:PLAS) ROCE %: -0.98% (As of Jun. 2020)


ISX:PLAS PT Polaris Investama Tbk ISX:PLAS
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What is PT Polaris Investama Tbk ROCE %?

PT Polaris Investama Tbk ISX:PLAS 4 ROCE % is -0.98% as of Jun. 2020. GuruFocus rates ISX:PLAS with a GF Score™ of 4/100.

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 Polaris Investama Tbk's annualized ROCE % for the quarter that ended in Jun. 2020 was -0.98%.

PT Polaris Investama Tbk  (ISX:PLAS) 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 Polaris Investama Tbk ROCE % Related Terms

PT Polaris Investama Tbk ROCE % Historical Data

* Premium members only.

The historical data trend for PT Polaris Investama 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 Polaris Investama Tbk ROCE % Chart

PT Polaris Investama Tbk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROCE %
Get a 7-Day Free Trial -0.55 -4.46 -0.38 6.60 2.44

PT Polaris Investama Tbk Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 1.80 4.56 2.04 0.53 -0.98
ISX:PLAS
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PT Polaris Investama Tbk ISX:PLAS
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PT Polaris Investama Tbk ROCE % Calculation

PT Polaris Investama Tbk's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=3792.218/( ( (190690.177 - 35592.963) + (186929.833 - 31454.32) )/ 2 )
=3792.218/( (155097.214+155475.513)/ 2 )
=3792.218/155286.3635
=2.44 %

PT Polaris Investama Tbk's ROCE % of for the quarter that ended in Jun. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2020 )  (Q: Mar. 2020 )(Q: Jun. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2020 )  (Q: Mar. 2020 )(Q: Jun. 2020 )
=-1517.912/( ( (186040.892 - 31125.095) + (185251.42 - 31266.315) )/ 2 )
=-1517.912/( ( 154915.797 + 153985.105 )/ 2 )
=-1517.912/154450.451
=-0.98 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2020) 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 -0.98% mean?
PT Polaris Investama Tbk (ISX:PLAS) has a ROCE % of -0.98% as of Jun. 2020.
Is PT Polaris Investama Tbk's ROCE % too high?
PT Polaris Investama Tbk's current ROCE % is -0.98%. Overall, PT Polaris Investama Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Polaris Investama Tbk's ROCE % compare to competitors?
PT Polaris Investama Tbk's ROCE % of -0.98% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.58. 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 Capital Markets company?
The median ROCE % among Capital Markets companies is 5.58, based on 690 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. 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 Capital Markets industry, the median ROCE % is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Polaris Investama Tbk's current ROCE % is -0.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Polaris Investama Tbk stock overvalued right now?
PT Polaris Investama Tbk (ISX:PLAS) has a current ROCE % of -0.98%. The current ROCE % is -0.98%. PT Polaris Investama Tbk's overall GF Score™ is 4/100. 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 Polaris Investama Tbk (ISX:PLAS), the current ROCE % is -0.98% as of Jun. 2020. 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.

PT Polaris Investama Tbk Business Description

Address Mayapada Tower Lt. 11, Jl. Jend. Sudirman Kav. 28, Jakarta, IDN, 12920
PT Polaris Investama Tbk operates in capital markets industry in Indonesia. The company is an investment company operates as a dealer broker and underwriter.
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