PT Benteng Api Technic Tbk (ISX:BATR) ROIC %: 0.00% (As of . 20)


What is PT Benteng Api Technic Tbk ROIC %?

PT Benteng Api Technic Tbk ISX:BATR ROIC % is 0.00% as of . 20. The stock has 2 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 Benteng Api Technic Tbk's annualized return on invested capital (ROIC %) for the quarter that ended in . 20 was 0.00%.

As of today (2026-06-28), PT Benteng Api Technic Tbk's WACC % is 10.06%. PT Benteng Api Technic Tbk's ROIC % is 0.00% (calculated using TTM income statement data). PT Benteng Api Technic Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.

PT Benteng Api Technic Tbk  (ISX:BATR) 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 Benteng Api Technic Tbk's WACC % is 10.06%. PT Benteng Api Technic Tbk's ROIC % is 0.00% (calculated using TTM income statement data). PT Benteng Api Technic 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 Benteng Api Technic Tbk ROIC % Related Terms

PT Benteng Api Technic Tbk ROIC % Historical Data

* Premium members only.

The historical data trend for PT Benteng Api Technic 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 Benteng Api Technic Tbk ROIC % Chart

PT Benteng Api Technic Tbk Annual Data
Trend
ROIC %

PT Benteng Api Technic Tbk Semi-Annual Data
ROIC %

ISX:BATR vs CRH, VMC, MLM: ROIC % Comparison

For the Building Materials subindustry, PT Benteng Api Technic 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 Benteng Api Technic Tbk ROIC % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Benteng Api Technic Tbk's ROIC % distribution charts can be found below:

* The bar in red indicates where PT Benteng Api Technic Tbk's ROIC % falls into.


PT Benteng Api Technic Tbk ROIC % Calculation

PT Benteng Api Technic Tbk's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in . 20 is calculated as:

ROIC % (A: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: . 20 ) + Invested Capital (A: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(A: . 20 )
=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))
= - - ( - max(0, - +))
=

Invested Capital(A: . 20 )
=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))
= - - ( - max(0, - +))
=

PT Benteng Api Technic Tbk's annualized Return on Invested Capital (ROIC %) for the quarter that ended in . 20 is calculated as:

ROIC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is one times the annual (. 20) 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 0.00% mean?
PT Benteng Api Technic Tbk (ISX:BATR) has a ROIC % of 0.00% as of . 20. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on PT Benteng Api Technic Tbk and its competitors.
Is PT Benteng Api Technic Tbk's ROIC % too high?
PT Benteng Api Technic Tbk's current ROIC % is 0.00%.
How does PT Benteng Api Technic Tbk's ROIC % compare to CRH and VMC?
PT Benteng Api Technic Tbk's ROIC % of 0.00% can be compared against companies in the Building Materials industry. The industry median ROIC % is 3.46. 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 Building Materials company?
The median ROIC % among Building Materials companies is 3.46, based on 397 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 Benteng Api Technic Tbk and its competitors. For the Building Materials industry, the median ROIC % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Benteng Api Technic Tbk's current ROIC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Benteng Api Technic Tbk stock overvalued right now?
PT Benteng Api Technic Tbk (ISX:BATR) has a current ROIC % of 0.00%. The current ROIC % is 0.00%. 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 Benteng Api Technic Tbk (ISX:BATR), the current ROIC % is 0.00% as of . 20. 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 Benteng Api Technic Tbk Business Description

Address Jalan Kebraon II, No. 103 A, Jawa Timur, East Java, Surabaya, IDN, 60222
PT Benteng Api Technic Tbk is engaged in the manufacture of Refractory Bricks, Refractory Cement, and various Refractory Materials, such as Fire Clay Bricks, High Alumina Bricks, Mortar, Castable, and Gunning Castable. Its operating segments are Construction Services and Sales. The group provides services such as Manufacturing, Trading, and Engineering Construction.