PT Jasa Armada Indonesia TbkISX:IPCM 94 ROE % is 13.19% as of Mar. 2026, which is 2% above its 10-year median of 12.88. GuruFocus rates ISX:IPCM with a GF Score™ of 94/100 and a GF Value™ of Rp349.85 (Fairly Valued). The stock has 4 warning signs investors should review. Among 983 Transportation companies, PT Jasa Armada Indonesia Tbk ranks better than 76.4% on this metric.
The historical rank and industry rank for PT Jasa Armada Indonesia Tbk's ROE % or its related term are showing as below:
ISX:IPCM'
s ROE % Range Over the Past 10 Years
Min: 7.12 Med: 12.88 Max: 34.76
Current: 14.54
During the past 10 years, PT Jasa Armada Indonesia Tbk's highest ROE % was 34.76%. The lowest was 7.12%. And the median was 12.88%.
ISX:IPCM's ROE % is ranked better than 76.4% of 983
companies
in the Transportation industry
Industry Median: 7.6
vs ISX:IPCM: 14.54
PT Jasa Armada Indonesia Tbk (ISX:IPCM) 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:
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 Jasa Armada Indonesia Tbk ROE % Related Terms
PT Jasa Armada Indonesia Tbk ROE % 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.
PT Jasa Armada Indonesia Tbk ROE % Competitor Comparison
For the Marine Shipping subindustry, PT Jasa Armada Indonesia 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 Jasa Armada Indonesia Tbk ROE % vs Transportation Industry
For the Transportation industry and Industrials sector, PT Jasa Armada Indonesia Tbk's ROE % distribution charts can be found below:
* The bar in red indicates where PT Jasa Armada Indonesia Tbk's ROE % falls into.
* 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.
PT Jasa Armada Indonesia Tbk (ISX:IPCM) has a ROE % of 13.19% 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 Jasa Armada Indonesia Tbk and its competitors. This is near median its historical median of 12.88. Over the past decade, PT Jasa Armada Indonesia Tbk's ROE % has ranged from 7.12 to 34.76. According to the industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #232 out of 983 companies in the Transportation industry, placing it in the top 23.6%.
Is PT Jasa Armada Indonesia Tbk's ROE % too high?
PT Jasa Armada Indonesia Tbk's current ROE % of 13.19% is near median its 10-year median of 12.88. Over the past 10 years, this metric has ranged from a low of 7.12 to a high of 34.76. The Transportation industry median ROE % is 7.60. PT Jasa Armada Indonesia Tbk's value of 13.19% is 73.6% above this industry median. Based on the distribution chart, PT Jasa Armada Indonesia Tbk ranks #232 out of 983 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, PT Jasa Armada Indonesia Tbk has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Jasa Armada Indonesia Tbk's ROE % compare to competitors?
According to the Transportation industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #232 out of 983 companies for ROE %. This places PT Jasa Armada Indonesia Tbk in the top 24% of its industry — outperforming the majority of peers. The industry median ROE % is 7.60. PT Jasa Armada Indonesia Tbk's value of 13.19% is 73.6% above this benchmark. Historically, PT Jasa Armada Indonesia Tbk's own ROE % has ranged from 7.12 to 34.76 over the past decade. While the company's 10-year median is 12.88 vs. the industry median of 7.60, PT Jasa Armada Indonesia 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 Transportation company?
The median ROE % among Transportation companies is 7.60, based on 983 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 Jasa Armada Indonesia Tbk's current ROE % of 13.19% is 73.6% 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 Jasa Armada Indonesia Tbk and its competitors. For the Transportation industry, the median ROE % is 7.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jasa Armada Indonesia Tbk's current ROE % is 13.19%, which is near median its own 10-year median of 12.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jasa Armada Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk (ISX:IPCM) is currently considered Fairly Valued. The stock's GF Value™ is Rp349.85, compared to a current price of Rp328.00 — trading 6.2% below its estimated fair value. The current ROE % is 13.19%, which is near median its 10-year median of 12.88 and 73.6% above the Transportation industry median of 7.60. PT Jasa Armada Indonesia Tbk's overall GF Score™ is 94/100 with 4 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 Jasa Armada Indonesia Tbk (ISX:IPCM), the current ROE % is 13.19% 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 Jasa Armada Indonesia Tbk (ISX:IPCM) Overvalued in 2026?
Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk stock appears to be undervalued.
The current stock price of Rp328.00 is trading 6.2% below its estimated GF Value™ of Rp349.85.
GuruFocus considers PT Jasa Armada Indonesia Tbk to be Fairly Valued.
Key valuation signals for ISX:IPCM:
ROE %: 13.19% (near median its 10-year median of 12.88)
GF Value™: Rp349.85 vs. price of Rp328.00 (6.2% below fair value)
Industry Position: 73.6% above the Transportation median (#232 of 983)
No single metric tells the full story. See the ISX:IPCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Jasa Armada Indonesia Tbk is engaged in pilotage and towage services for container vessels, dry and liquid bulk, inland waterways, and offshore STS. The company also provides fleet maintenance services. The company's operating segments are Vessel Services, and Freight Services & Other Services. The company generates maximum revenue from the Vessel services segment.
94GF Score
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