PT Asri Karya Lestari Tbk (ISX:ASLI) ROIC %: -23.15% (As of Dec. 2025)


ISX:ASLI PT Asri Karya Lestari Tbk ISX:ASLI
12 GF Score
Price Rp199.00
! 3 Warning Signs
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What is PT Asri Karya Lestari Tbk ROIC %?

PT Asri Karya Lestari Tbk ISX:ASLI -3.40% 12 ROIC % is -23.15% as of Dec. 2025. GuruFocus rates ISX:ASLI with a GF Score™ of 12/100. The stock has 3 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. PT Asri Karya Lestari Tbk's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was -23.15%.

As of today (2026-07-01), PT Asri Karya Lestari Tbk's WACC % is 10.53%. PT Asri Karya Lestari Tbk's ROIC % is -23.15% (calculated using TTM income statement data). PT Asri Karya Lestari Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.


PT Asri Karya Lestari Tbk  (ISX:ASLI) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, PT Asri Karya Lestari Tbk's WACC % is 10.53%. PT Asri Karya Lestari Tbk's ROIC % is -23.15% (calculated using TTM income statement data). PT Asri Karya Lestari Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


PT Asri Karya Lestari Tbk ROIC % Related Terms


PT Asri Karya Lestari Tbk ROIC % Historical Data

* Premium members only.

The historical data trend for PT Asri Karya Lestari Tbk's ROIC % 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 Asri Karya Lestari Tbk ROIC % Chart

PT Asri Karya Lestari Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec24 Dec25
ROIC %
16.92 14.59 10.49 4.34 -23.15

PT Asri Karya Lestari Tbk Semi-Annual Data
Dec20 Dec21 Dec22 Dec24 Dec25
ROIC % 16.92 14.59 10.49 4.34 -23.15

ISX:ASLI vs PWR, FIX, EME: ROIC % Comparison

For the Engineering & Construction subindustry, PT Asri Karya Lestari Tbk's ROIC %, along with its competitors' market caps and ROIC % 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 Asri Karya Lestari Tbk ROIC % vs Construction Industry

For the Construction industry and Industrials sector, PT Asri Karya Lestari Tbk's ROIC % distribution charts can be found below:

* The bar in red indicates where PT Asri Karya Lestari Tbk's ROIC % falls into.


ISX:ASLI
12GF Score
PT Asri Karya Lestari Tbk ISX:ASLI
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Asri Karya Lestari Tbk ROIC % Calculation

PT Asri Karya Lestari Tbk's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=-102701.549 * ( 1 - 0% )/( (487319.288 + 399862.366)/ 2 )
=-102701.549/443590.827
=-23.15 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=550494.739 - 15215.963 - ( 47959.488 - max(0, 52790.316 - 220714.821+47959.488))
=487319.288

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=427875.793 - 19982.902 - ( 8030.525 - max(0, 45493.65 - 112386.839+8030.525))
=399862.366

PT Asri Karya Lestari Tbk's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-102701.549 * ( 1 - 0% )/( (487319.288 + 399862.366)/ 2 )
=-102701.549/443590.827
=-23.15 %

where

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=550494.739 - 15215.963 - ( 47959.488 - max(0, 52790.316 - 220714.821+47959.488))
=487319.288

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=427875.793 - 19982.902 - ( 8030.525 - max(0, 45493.65 - 112386.839+8030.525))
=399862.366

Note: The Operating Income data used here is one times the annual (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of -23.15% mean?
PT Asri Karya Lestari Tbk (ISX:ASLI) has a ROIC % of -23.15% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on PT Asri Karya Lestari Tbk and its competitors.
Is PT Asri Karya Lestari Tbk's ROIC % too high?
PT Asri Karya Lestari Tbk's current ROIC % is -23.15%. Overall, PT Asri Karya Lestari Tbk has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does PT Asri Karya Lestari Tbk's ROIC % compare to PWR and FIX?
PT Asri Karya Lestari Tbk's ROIC % of -23.15% can be compared against companies in the Construction industry. The industry median ROIC % is 4.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Construction company?
The median ROIC % among Construction companies is 4.66, based on 1,750 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on PT Asri Karya Lestari Tbk and its competitors. For the Construction industry, the median ROIC % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Asri Karya Lestari Tbk's current ROIC % is -23.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Asri Karya Lestari Tbk stock overvalued right now?
PT Asri Karya Lestari Tbk (ISX:ASLI) has a current ROIC % of -23.15%. The current ROIC % is -23.15%. PT Asri Karya Lestari Tbk's overall GF Score™ is 12/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For PT Asri Karya Lestari Tbk (ISX:ASLI), the current ROIC % is -23.15% as of Dec. 2025. 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 Asri Karya Lestari Tbk Business Description

Address block b2, Jalan. Jalan. Jend. Ahmad Yani No.3, Kalimalang Commercial Center Shophouse, RT.001/RW.005, Kayuringin Jaya, South Bekasi District, West Java, Bekasi, IDN, 17144
PT Asri Karya Lestari Tbk is a national general contractor company. Its core business activities include services as a General Contractor, with a focus on foundation, erection, formwork, and road works. It has experience in executing and completing projects, including bridges, flyovers, buildings, toll gates, bus stops, pedestrian bridges (JPO), pelumpang pedestrian, mosques, and roads. The operational area covers the entire territory of the Republic of Indonesia. It operates through construction services and rental services segments. The construction services segment, which generates maximum revenue, engages in civil construction of bridges, elevated roads, flyovers, underpasses, roads, mechanical installations, water resources infrastructure, irrigation and drainage networks, and others.
12GF Score

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