PT Asahimas Flat Glass Tbk (ISX:AMFG) ROE %: -0.19% (As of Mar. 2026)


ISX:AMFG PT Asahimas Flat Glass Tbk ISX:AMFG
62 GF Score
Price Rp2,940.00
GF Value Rp4,174.60
Valuation Significantly Undervalued
! 5 Warning Signs
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What is PT Asahimas Flat Glass Tbk ROE %?

PT Asahimas Flat Glass Tbk ISX:AMFG -4.55% 62 ROE % is -0.19% as of Mar. 2026. GuruFocus rates ISX:AMFG with a GF Score™ of 62/100 and a GF Value™ of Rp4,174.60 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 404 Building Materials companies, PT Asahimas Flat Glass Tbk ranks worse than 70.05% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT Asahimas Flat Glass Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp-9,040 Mil. PT Asahimas Flat Glass Tbk's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was Rp4,679,852 Mil. Therefore, PT Asahimas Flat Glass Tbk's annualized ROE % for the quarter that ended in Mar. 2026 was -0.19%.

The historical rank and industry rank for PT Asahimas Flat Glass Tbk's ROE % or its related term are showing as below:

ISX:AMFG' s ROE % Range Over the Past 10 Years
Min: -13.6   Med: 3.6   Max: 14.65
Current: 0.56

During the past 13 years, PT Asahimas Flat Glass Tbk's highest ROE % was 14.65%. The lowest was -13.60%. And the median was 3.60%.

ISX:AMFG's ROE % is ranked worse than
70.05% of 404 companies
in the Building Materials industry
Industry Median: 4.335 vs ISX:AMFG: 0.56

PT Asahimas Flat Glass Tbk  (ISX:AMFG) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-9040/4679852
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-9040 / 4876712)*(4876712 / 7124748.5)*(7124748.5 / 4679852)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.19 %*0.6845*1.5224
=ROA %*Equity Multiplier
=-0.13 %*1.5224
=-0.19 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-9040/4679852
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-9040 / -11612) * (-11612 / 54552) * (54552 / 4876712) * (4876712 / 7124748.5) * (7124748.5 / 4679852)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7785 * -0.2129 * 1.12 % * 0.6845 * 1.5224
=-0.19 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


PT Asahimas Flat Glass Tbk ROE % Related Terms


PT Asahimas Flat Glass Tbk ROE % Historical Data

* Premium members only.

The historical data trend for PT Asahimas Flat Glass Tbk's ROE % 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 Asahimas Flat Glass Tbk ROE % Chart

PT Asahimas Flat Glass Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.24 12.47 14.65 5.46 1.74

PT Asahimas Flat Glass Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 4.58 0.10 1.58 0.75 -0.19

ISX:AMFG vs CRH, VMC, MLM: ROE % Comparison

For the Building Materials subindustry, PT Asahimas Flat Glass Tbk's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Asahimas Flat Glass Tbk ROE % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Asahimas Flat Glass Tbk's ROE % distribution charts can be found below:

* The bar in red indicates where PT Asahimas Flat Glass Tbk's ROE % falls into.


ISX:AMFG
62GF Score
PT Asahimas Flat Glass Tbk ISX:AMFG
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Asahimas Flat Glass Tbk ROE % Calculation

PT Asahimas Flat Glass Tbk's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=79631/( (4493485+4680982)/ 2 )
=79631/4587233.5
=1.74 %

PT Asahimas Flat Glass Tbk's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-9040/( (4680982+4678722)/ 2 )
=-9040/4679852
=-0.19 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -0.19% mean?
PT Asahimas Flat Glass Tbk (ISX:AMFG) has a ROE % of -0.19% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on PT Asahimas Flat Glass Tbk and its competitors. According to the industry distribution chart, PT Asahimas Flat Glass Tbk ranks #283 out of 404 companies in the Building Materials industry, placing it in the top 70%.
Is PT Asahimas Flat Glass Tbk's ROE % too high?
PT Asahimas Flat Glass Tbk's current ROE % is -0.19%. Based on the distribution chart, PT Asahimas Flat Glass Tbk ranks #283 out of 404 companies in the Building Materials industry, which is below the industry midpoint. Overall, PT Asahimas Flat Glass Tbk has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Asahimas Flat Glass Tbk's ROE % compare to CRH and VMC?
According to the Building Materials industry distribution chart, PT Asahimas Flat Glass Tbk ranks #283 out of 404 companies for ROE %. This places PT Asahimas Flat Glass Tbk in the lower half of its industry. The industry median ROE % is 4.34. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Building Materials company?
The median ROE % among Building Materials companies is 4.34, based on 404 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on PT Asahimas Flat Glass Tbk and its competitors. For the Building Materials industry, the median ROE % is 4.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Asahimas Flat Glass Tbk's current ROE % is -0.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Asahimas Flat Glass Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Asahimas Flat Glass Tbk (ISX:AMFG) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp4,174.60, compared to a current price of Rp2,940.00 — trading 29.6% below its estimated fair value. The current ROE % is -0.19%. PT Asahimas Flat Glass Tbk's overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For PT Asahimas Flat Glass Tbk (ISX:AMFG), the current ROE % is -0.19% 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 Asahimas Flat Glass Tbk (ISX:AMFG) Overvalued in 2026?

Based on GuruFocus' analysis, PT Asahimas Flat Glass Tbk stock appears to be undervalued. The current stock price of Rp2,940.00 is trading 29.6% below its estimated GF Value™ of Rp4,174.60. GuruFocus considers PT Asahimas Flat Glass Tbk to be Significantly Undervalued.

Key valuation signals for ISX:AMFG:

  • ROE %: -0.19%
  • GF Value™: Rp4,174.60 vs. price of Rp2,940.00 (29.6% below fair value)
  • GF Score™: 62/100 with 5 warning signs

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


PT Asahimas Flat Glass Tbk Business Description

Address Jalan Ancol IX No. 5, Ancol Barat, North Jakarta, IDN, 14430
PT Asahimas Flat Glass Tbk is a glass manufacturing company. The company is also engaged in import export and glass quality testing laboratory services. The company operates in two segments namely flat glass and automotive glass. Its portfolio of the company consists of various glasses such as tinted glass, figured glass, reflective glass, mirror glass, tempered glass, and laminated glass. Its business activity of the organization functions in the geographical areas of Indonesia which include Jakarta, Cikampek, and Sidoarjo. It generates revenue through the sale of glass products.
62GF Score

Get the complete analysis for ISX:AMFG

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

Rp2,940.00
Price
Rp4,174.60
GF Value