PT Bukit Darmo Property Tbk (ISX:BKDP) ROIC %: -4.78% (As of Mar. 2026)


ISX:BKDP PT Bukit Darmo Property Tbk ISX:BKDP
45 GF Score
Price Rp113.00
GF Value Rp65.93
Valuation Significantly Overvalued
! 4 Warning Signs
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What is PT Bukit Darmo Property Tbk ROIC %?

PT Bukit Darmo Property Tbk ISX:BKDP -9.60% 45 ROIC % is -4.78% as of Mar. 2026. GuruFocus rates ISX:BKDP with a GF Score™ of 45/100 and a GF Value™ of Rp65.93 (Significantly Overvalued). The stock has 4 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 Bukit Darmo Property Tbk's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was -4.78%.

As of today (2026-06-30), PT Bukit Darmo Property Tbk's WACC % is 0.09%. PT Bukit Darmo Property Tbk's ROIC % is -4.30% (calculated using TTM income statement data). PT Bukit Darmo Property Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.


PT Bukit Darmo Property Tbk  (ISX:BKDP) 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 Bukit Darmo Property Tbk's WACC % is 0.09%. PT Bukit Darmo Property Tbk's ROIC % is -4.30% (calculated using TTM income statement data). PT Bukit Darmo Property 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 Bukit Darmo Property Tbk ROIC % Related Terms


PT Bukit Darmo Property Tbk ROIC % Historical Data

* Premium members only.

The historical data trend for PT Bukit Darmo Property 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 Bukit Darmo Property Tbk ROIC % Chart

PT Bukit Darmo Property Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.08 -3.83 -4.21 -4.27 -4.15

PT Bukit Darmo Property Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 -4.09 -4.27 -4.68 -3.47 -4.78

ISX:BKDP vs CBRE, BEKE, JLL: ROIC % Comparison

For the Real Estate Services subindustry, PT Bukit Darmo Property 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 Bukit Darmo Property Tbk ROIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Bukit Darmo Property Tbk's ROIC % distribution charts can be found below:

* The bar in red indicates where PT Bukit Darmo Property Tbk's ROIC % falls into.


ISX:BKDP
45GF Score
PT Bukit Darmo Property Tbk ISX:BKDP
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bukit Darmo Property Tbk ROIC % Calculation

PT Bukit Darmo Property 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 )
=-29065.176 * ( 1 - 0.24% )/( (711241.124 + 686083.298)/ 2 )
=-28995.4195776/698662.211
=-4.15 %

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))
=752245.162 - 168287.389 - ( 3422.925 - max(0, 183388.019 - 56104.668+3422.925))
=711241.124

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))
=733911.618 - 52274.954 - ( 3334.097 - max(0, 57723.91 - 53277.276+3334.097))
=686083.298

PT Bukit Darmo Property Tbk's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-32712.72 * ( 1 - 0% )/( (686083.298 + 681318.959)/ 2 )
=-32712.72/683701.1285
=-4.78 %

where

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))
=733911.618 - 52274.954 - ( 3334.097 - max(0, 57723.91 - 53277.276+3334.097))
=686083.298

Invested Capital(Q: Mar. 2026 )
=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))
=728356.676 - 52430.745 - ( 2168.002 - max(0, 58314.379 - 52921.351+2168.002))
=681318.959

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) 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 -4.78% mean?
PT Bukit Darmo Property Tbk (ISX:BKDP) has a ROIC % of -4.78% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on PT Bukit Darmo Property Tbk and its competitors.
Is PT Bukit Darmo Property Tbk's ROIC % too high?
PT Bukit Darmo Property Tbk's current ROIC % is -4.78%. Overall, PT Bukit Darmo Property Tbk has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Bukit Darmo Property Tbk's ROIC % compare to CBRE and BEKE?
PT Bukit Darmo Property Tbk's ROIC % of -4.78% can be compared against companies in the Real Estate industry. The industry median ROIC % is 2.19. 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 Real Estate company?
The median ROIC % among Real Estate companies is 2.19, based on 1,760 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 Bukit Darmo Property Tbk and its competitors. For the Real Estate industry, the median ROIC % is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bukit Darmo Property Tbk's current ROIC % is -4.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bukit Darmo Property Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bukit Darmo Property Tbk (ISX:BKDP) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp65.93, compared to a current price of Rp113.00 — trading 71.4% above its estimated fair value. The current ROIC % is -4.78%. PT Bukit Darmo Property Tbk's overall GF Score™ is 45/100 with 4 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 Bukit Darmo Property Tbk (ISX:BKDP), the current ROIC % is -4.78% 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 Bukit Darmo Property Tbk (ISX:BKDP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bukit Darmo Property Tbk stock appears to be overvalued. The current stock price of Rp113.00 is trading 71.4% above its estimated GF Value™ of Rp65.93. GuruFocus considers PT Bukit Darmo Property Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BKDP:

  • ROIC %: -4.78%
  • GF Value™: Rp65.93 vs. price of Rp113.00 (71.4% above fair value)
  • GF Score™: 45/100 with 4 warning signs

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


PT Bukit Darmo Property Tbk Business Description

Address Jalan Tanah Abang III No. 6, Petojo Selatan - Gambir, Jakarta, IDN, 10160
PT Bukit Darmo Property Tbk is a real estate development company. It is engaged in construction, the sale of condominiums, and land development. The company is involved in the operation of mixed-use development, which consists of The Adhiwangsa Golf Residence, Suite Hotel, and Serviced Residence, and a retail mall, namely Lenmarc Mall. It operates in the following segments, namely Real estate/ Shopping mall, Construction, and Marketing services. Geographically, all the operations function through the region of Indonesia, which is also the revenue generation region for the company. The company generates all of its revenue from Real estate/Shopping mall.
45GF Score

Get the complete analysis for ISX:BKDP

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

Rp113.00
Price
Rp65.93
GF Value