PT Jaya Bersama Indo Tbk (ISX:DUCK) ROIC %: -7.69% (As of Sep. 2020)


What is PT Jaya Bersama Indo Tbk ROIC %?

PT Jaya Bersama Indo Tbk ISX:DUCK ROIC % is -7.69% as of Sep. 2020.

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 Jaya Bersama Indo Tbk's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2020 was -7.69%.

As of today (2026-07-01), PT Jaya Bersama Indo Tbk's WACC % is 0.00%. PT Jaya Bersama Indo Tbk's ROIC % is 0.00% (calculated using TTM income statement data). PT Jaya Bersama Indo Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.


PT Jaya Bersama Indo Tbk  (ISX:DUCK) 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 Jaya Bersama Indo Tbk's WACC % is 0.00%. PT Jaya Bersama Indo Tbk's ROIC % is 0.00% (calculated using TTM income statement data). PT Jaya Bersama Indo 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 Jaya Bersama Indo Tbk ROIC % Related Terms


PT Jaya Bersama Indo Tbk ROIC % Historical Data

* Premium members only.

The historical data trend for PT Jaya Bersama Indo 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 Jaya Bersama Indo Tbk ROIC % Chart

PT Jaya Bersama Indo Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19
ROIC %
14.28 43.26 27.54 39.42 56.18

PT Jaya Bersama Indo Tbk Quarterly Data
Dec15 Dec16 Mar17 Dec17 Mar18 Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 60.10 20.51 46.58 -10.52 -7.69

ISX:DUCK vs MCD, SBUX, CMG: ROIC % Comparison

For the Restaurants subindustry, PT Jaya Bersama Indo 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 Jaya Bersama Indo Tbk ROIC % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, PT Jaya Bersama Indo Tbk's ROIC % distribution charts can be found below:

* The bar in red indicates where PT Jaya Bersama Indo Tbk's ROIC % falls into.



PT Jaya Bersama Indo Tbk ROIC % Calculation

PT Jaya Bersama Indo Tbk's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2019 is calculated as:

ROIC % (A: Dec. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2018 ) + Invested Capital (A: Dec. 2019 ))/ count )
=184560.413 * ( 1 - 31.77% )/( (183102.407 + 265212.808)/ 2 )
=125925.5697899/224157.6075
=56.18 %

where

Invested Capital(A: Dec. 2018 )
=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))
=1047678.119 - 216724.778 - ( 709615.31 - max(0, 274178.694 - 922029.628+709615.31))
=183102.407

Invested Capital(A: Dec. 2019 )
=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))
=1456015.31 - 467302.081 - ( 942287.08 - max(0, 524423.358 - 1247923.779+942287.08))
=265212.808

PT Jaya Bersama Indo Tbk's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Sep. 2020 is calculated as:

ROIC % (Q: Sep. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2020 ) + Invested Capital (Q: Sep. 2020 ))/ count )
=-22242.116 * ( 1 - 0% )/( (264399.241 + 314308.382)/ 2 )
=-22242.116/289353.8115
=-7.69 %

where

Invested Capital(Q: Jun. 2020 )
=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))
=1359071.062 - 342482.519 - ( 754206.821 - max(0, 403596.968 - 1155786.27+754206.821))
=264399.241

Invested Capital(Q: Sep. 2020 )
=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))
=1344583.161 - 328917.505 - ( 701357.274 - max(0, 395300.329 - 1140313.436+701357.274))
=314308.382

Note: The Operating Income data used here is four times the quarterly (Sep. 2020) 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 -7.69% mean?
PT Jaya Bersama Indo Tbk (ISX:DUCK) has a ROIC % of -7.69% as of Sep. 2020. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on PT Jaya Bersama Indo Tbk and its competitors.
Is PT Jaya Bersama Indo Tbk's ROIC % too high?
PT Jaya Bersama Indo Tbk's current ROIC % is -7.69%.
How does PT Jaya Bersama Indo Tbk's ROIC % compare to MCD and SBUX?
PT Jaya Bersama Indo Tbk's ROIC % of -7.69% can be compared against companies in the Restaurants industry. The industry median ROIC % is 4.26. 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 Restaurants company?
The median ROIC % among Restaurants companies is 4.26, based on 357 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 Jaya Bersama Indo Tbk and its competitors. For the Restaurants industry, the median ROIC % is 4.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jaya Bersama Indo Tbk's current ROIC % is -7.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jaya Bersama Indo Tbk stock overvalued right now?
PT Jaya Bersama Indo Tbk (ISX:DUCK) has a current ROIC % of -7.69%. The current ROIC % is -7.69%. 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 Jaya Bersama Indo Tbk (ISX:DUCK), the current ROIC % is -7.69% as of Sep. 2020. 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 Jaya Bersama Indo Tbk Business Description

Address Block C.2 No. 1, Jalan Meruya Ilir No. 88, Business Park Kebon Jeruk, Jakarta Barat, Kel. Meruya Utara, Kec. Kembangan, Jakarta, IDN
PT Jaya Bersama Indo Tbk along with its subsidiaries operates a chain of Chinese restaurants. The company operates through the brands namely The Duck King Group, Fook Yew, Panda Bowl, and others.