PT Semen Indonesia (Persero) Tbk (STU:SMS2) ROCE %: 2.12% (As of Mar. 2026)


STU:SMS2 PT Semen Indonesia (Persero) Tbk STU:SMS2
67 GF Score
Price €0.05
GF Value €0.16
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is PT Semen Indonesia (Persero) Tbk ROCE %?

PT Semen Indonesia (Persero) Tbk STU:SMS2 +1.92% 67 ROCE % is 2.12% as of Mar. 2026. GuruFocus rates STU:SMS2 with a GF Score™ of 67/100 and a GF Value™ of €0.16 (Possible Value Trap). The stock has 7 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 Semen Indonesia (Persero) Tbk's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.12%.

PT Semen Indonesia (Persero) Tbk  (STU:SMS2) 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 Semen Indonesia (Persero) Tbk ROCE % Related Terms

PT Semen Indonesia (Persero) Tbk ROCE % Historical Data

* Premium members only.

The historical data trend for PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) Tbk ROCE % Chart

PT Semen Indonesia (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.93 6.74 6.72 3.73 2.07

PT Semen Indonesia (Persero) Tbk Quarterly Data
Jun21 Sep21 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 1.60 2.69 2.74 2.12
STU:SMS2
67GF Score
PT Semen Indonesia (Persero) Tbk STU:SMS2
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Semen Indonesia (Persero) Tbk ROCE % Calculation

PT Semen Indonesia (Persero) 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 )
=71.777/( ( (4585.26 - 770.864) + (3913.879 - 809.54) )/ 2 )
=71.777/( (3814.396+3104.339)/ 2 )
=71.777/3459.3675
=2.07 %

PT Semen Indonesia (Persero) 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 )
=65.832/( ( (3913.879 - 809.54) + (3855.589 - 756.406) )/ 2 )
=65.832/( ( 3104.339 + 3099.183 )/ 2 )
=65.832/3101.761
=2.12 %

(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 2.12% mean?
PT Semen Indonesia (Persero) Tbk (STU:SMS2) has a ROCE % of 2.12% as of Mar. 2026.
Is PT Semen Indonesia (Persero) Tbk's ROCE % too high?
PT Semen Indonesia (Persero) Tbk's current ROCE % is 2.12%. The Building Materials industry median ROCE % is 6.00. PT Semen Indonesia (Persero) Tbk's value of 2.12% is 64.7% below this industry median. Overall, PT Semen Indonesia (Persero) Tbk has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Semen Indonesia (Persero) Tbk's ROCE % compare to CRH and VMC?
PT Semen Indonesia (Persero) Tbk's ROCE % of 2.12% can be compared against companies in the Building Materials industry. The industry median ROCE % is 6.00. PT Semen Indonesia (Persero) Tbk's value of 2.12% is 64.7% below 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 Building Materials company?
The median ROCE % among Building Materials companies is 6.00, based on 406 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 Semen Indonesia (Persero) Tbk's current ROCE % of 2.12% is 64.7% below 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 Building Materials industry, the median ROCE % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Semen Indonesia (Persero) Tbk's current ROCE % is 2.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Semen Indonesia (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Semen Indonesia (Persero) Tbk (STU:SMS2) is currently considered Possible Value Trap. The stock's GF Value™ is €0.16, compared to a current price of €0.05 — trading 66.9% below its estimated fair value. The current ROCE % is 2.12% and 64.7% below the Building Materials industry median of 6.00. PT Semen Indonesia (Persero) Tbk's overall GF Score™ is 67/100 with 7 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 Semen Indonesia (Persero) Tbk (STU:SMS2), the current ROCE % is 2.12% 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 Semen Indonesia (Persero) Tbk (STU:SMS2) Overvalued in 2026?

Based on GuruFocus' analysis, PT Semen Indonesia (Persero) Tbk stock appears to be undervalued. The current stock price of €0.05 is trading 66.9% below its estimated GF Value™ of €0.16. GuruFocus considers PT Semen Indonesia (Persero) Tbk to be Possible Value Trap.

Key valuation signals for STU:SMS2:

  • ROCE %: 2.12%
  • GF Value™: €0.16 vs. price of €0.05 (66.9% below fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 64.7% below the Building Materials median

No single metric tells the full story. See the STU:SMS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PT Semen Indonesia (Persero) Tbk Business Description

Address Jalan R.A. Kartini Kav. 8, South Quarter, Tower A, Lantai 19th - 20th Floor, Cilandak Barat, South Jakarta, Jakarta, IDN, 12430
PT Semen Indonesia (Persero) Tbk is engaged in the manufacturing industry, especially cement & its derivatives, other building materials, and related business activities both upstream and downstream. The company operates in two segments; the Cement Production Segment produces and markets cement products in Indonesia, and Vietnam, as well as various export destination countries, including Bangladesh, Australia, the Philippines, Taiwan, China, and several other countries, and The non-cement production segment, consists of mining limestone and clay, manufacturing packaging bags, developing industrial estates, finished and ready-to-use concrete, information system services, logistics, and trading. It generates a majority of its revenue from the cement production segment.
67GF Score

Get the complete analysis for STU:SMS2

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

€0.05
Price
€0.16
GF Value