PT Indo Kordsa Tbk (ISX:BRAM) ROE %: 10.72% (As of Mar. 2026) — 35% Above Median


ISX:BRAM PT Indo Kordsa Tbk ISX:BRAM
55 GF Score
Price Rp4,530.00
GF Value Rp2,940.24
Valuation Significantly Overvalued
! 5 Warning Signs
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What is PT Indo Kordsa Tbk ROE %?

PT Indo Kordsa Tbk ISX:BRAM -0.88% 55 ROE % is 10.72% as of Mar. 2026, which is 35% above its 10-year median of 7.96. GuruFocus rates ISX:BRAM with a GF Score™ of 55/100 and a GF Value™ of Rp2,940.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, PT Indo Kordsa Tbk ranks worse than 68.92% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT Indo Kordsa Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp386,734 Mil. PT Indo Kordsa Tbk's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was Rp3,609,104 Mil. Therefore, PT Indo Kordsa Tbk's annualized ROE % for the quarter that ended in Mar. 2026 was 10.72%.

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

ISX:BRAM' s ROE % Range Over the Past 10 Years
Min: -1.97   Med: 7.96   Max: 16.42
Current: 0.48

During the past 13 years, PT Indo Kordsa Tbk's highest ROE % was 16.42%. The lowest was -1.97%. And the median was 7.96%.

ISX:BRAM's ROE % is ranked worse than
68.92% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.04 vs ISX:BRAM: 0.48

PT Indo Kordsa Tbk  (ISX:BRAM) 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
=386734.16/3609103.5855
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(386734.16 / 2515498.824)*(2515498.824 / 4636339.3965)*(4636339.3965 / 3609103.5855)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.37 %*0.5426*1.2846
=ROA %*Equity Multiplier
=8.34 %*1.2846
=10.72 %

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
=386734.16/3609103.5855
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (386734.16 / 517631.92) * (517631.92 / 115187.324) * (115187.324 / 2515498.824) * (2515498.824 / 4636339.3965) * (4636339.3965 / 3609103.5855)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7471 * 4.4938 * 4.58 % * 0.5426 * 1.2846
=10.72 %

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 Indo Kordsa Tbk ROE % Related Terms


PT Indo Kordsa Tbk ROE % Historical Data

* Premium members only.

The historical data trend for PT Indo Kordsa 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 Indo Kordsa Tbk ROE % Chart

PT Indo Kordsa 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 12.87 16.42 7.23 5.70 -1.11

PT Indo Kordsa 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 4.75 -5.18 -1.98 -1.87 10.72

PT Indo Kordsa Tbk ROE % Competitor Comparison

For the Textile Manufacturing subindustry, PT Indo Kordsa 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 Indo Kordsa Tbk ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Indo Kordsa Tbk's ROE % distribution charts can be found below:

* The bar in red indicates where PT Indo Kordsa Tbk's ROE % falls into.


ISX:BRAM
55GF Score
PT Indo Kordsa Tbk ISX:BRAM
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indo Kordsa Tbk ROE % Calculation

PT Indo Kordsa 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 )
=-38777.239/( (3430510.388+3549345.331)/ 2 )
=-38777.239/3489927.8595
=-1.11 %

PT Indo Kordsa 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 )
=386734.16/( (3549345.331+3668861.84)/ 2 )
=386734.16/3609103.5855
=10.72 %

* 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 10.72% mean?
PT Indo Kordsa Tbk (ISX:BRAM) has a ROE % of 10.72% 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 Indo Kordsa Tbk and its competitors. This is 35% above median its historical median of 7.96. According to the industry distribution chart, PT Indo Kordsa Tbk ranks #703 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 68.9%.
Is PT Indo Kordsa Tbk's ROE % too high?
PT Indo Kordsa Tbk's current ROE % of 10.72% is 35% above median its 10-year median of 7.96. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. PT Indo Kordsa Tbk's value of 10.72% is 165.3% above this industry median. Based on the distribution chart, PT Indo Kordsa Tbk ranks #703 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, PT Indo Kordsa Tbk has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Indo Kordsa Tbk's ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Indo Kordsa Tbk ranks #703 out of 1020 companies for ROE %. This places PT Indo Kordsa Tbk in the lower half of its industry. The industry median ROE % is 4.04. PT Indo Kordsa Tbk's value of 10.72% is 165.3% above this benchmark. While the company's 10-year median is 7.96 vs. the industry median of 4.04, PT Indo Kordsa Tbk has consistently been above the industry average. 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,020 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. PT Indo Kordsa Tbk's current ROE % of 10.72% is 165.3% 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 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 Indo Kordsa Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indo Kordsa Tbk's current ROE % is 10.72%, which is 35% above median its own 10-year median of 7.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo Kordsa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo Kordsa Tbk (ISX:BRAM) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp2,940.24, compared to a current price of Rp4,530.00 — trading 54.1% above its estimated fair value. The current ROE % is 10.72%, which is 35% above median its 10-year median of 7.96 and 165.3% above the Manufacturing - Apparel & Accessories industry median of 4.04. PT Indo Kordsa Tbk's overall GF Score™ is 55/100 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 Indo Kordsa Tbk (ISX:BRAM), the current ROE % is 10.72% 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 Indo Kordsa Tbk (ISX:BRAM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indo Kordsa Tbk stock appears to be overvalued. The current stock price of Rp4,530.00 is trading 54.1% above its estimated GF Value™ of Rp2,940.24. GuruFocus considers PT Indo Kordsa Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BRAM:

  • ROE %: 10.72% (35% above median its 10-year median of 7.96)
  • GF Value™: Rp2,940.24 vs. price of Rp4,530.00 (54.1% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 165.3% above the Manufacturing - Apparel & Accessories median (#703 of 1020)

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


PT Indo Kordsa Tbk Business Description

Address Jalan Pahlawan, Desa Karang Asem Timur, Citeureup, Bogor, IDN, 16810
PT Indo Kordsa Tbk is an Indonesian company engaged in the manufacturing and sale of tire reinforcement materials. The business activity of the group is functioned through various divisions which include Tyre cord fabric, Nylon yarn, and Polyester yarn. The company generates a majority of its revenue from the tire cord fabric segment. Geographically, it derives a majority of its revenue from Thailand and also has a presence in Other Countries.
55GF Score

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

Rp4,530.00
Price
Rp2,940.24
GF Value