PT FKS Multi Agro Tbk (ISX:FISH) ROIC %: 11.94% (As of Mar. 2026)


ISX:FISH PT FKS Multi Agro Tbk ISX:FISH
67 GF Score
Price Rp600.00
GF Value Rp762.42
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT FKS Multi Agro Tbk ROIC %?

PT FKS Multi Agro Tbk ISX:FISH +2.56% 67 ROIC % is 11.94% as of Mar. 2026. GuruFocus rates ISX:FISH with a GF Score™ of 67/100 and a GF Value™ of Rp762.42 (Modestly Undervalued). The stock has 5 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 FKS Multi Agro Tbk's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 11.94%.

As of today (2026-07-04), PT FKS Multi Agro Tbk's WACC % is 6.96%. PT FKS Multi Agro Tbk's ROIC % is 6.99% (calculated using TTM income statement data). PT FKS Multi Agro Tbk generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


PT FKS Multi Agro Tbk  (ISX:FISH) 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 FKS Multi Agro Tbk's WACC % is 6.96%. PT FKS Multi Agro Tbk's ROIC % is 6.99% (calculated using TTM income statement data). PT FKS Multi Agro Tbk generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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 FKS Multi Agro Tbk ROIC % Related Terms


PT FKS Multi Agro Tbk ROIC % Historical Data

* Premium members only.

The historical data trend for PT FKS Multi Agro 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 FKS Multi Agro Tbk ROIC % Chart

PT FKS Multi Agro 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 13.36 13.97 10.73 5.07 5.96

PT FKS Multi Agro 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 8.14 7.84 5.52 0.00 11.94

ISX:FISH vs ADM, BG, TSN: ROIC % Comparison

For the Farm Products subindustry, PT FKS Multi Agro 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 FKS Multi Agro Tbk ROIC % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT FKS Multi Agro Tbk's ROIC % distribution charts can be found below:

* The bar in red indicates where PT FKS Multi Agro Tbk's ROIC % falls into.


ISX:FISH
67GF Score
PT FKS Multi Agro Tbk ISX:FISH
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT FKS Multi Agro Tbk ROIC % Calculation

PT FKS Multi Agro 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 )
=478224.768 * ( 1 - 47.07% )/( (4093671.625 + 4398601.947)/ 2 )
=253124.3697024/4246136.786
=5.96 %

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))
=8373262.519 - 3054021.462 - ( 1225569.432 - max(0, 4712445.719 - 6109149.396+1225569.432))
=4093671.625

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))
=8442077.23 - 2767268.068 - ( 1276207.215 - max(0, 4561613.374 - 5981819.306+1276207.215))
=4398601.947

PT FKS Multi Agro 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 )
=704396.552 * ( 1 - 22.38% )/( (4398601.947 + 4756488.176)/ 2 )
=546752.6036624/4577545.0615
=11.94 %

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))
=8442077.23 - 2767268.068 - ( 1276207.215 - max(0, 4561613.374 - 5981819.306+1276207.215))
=4398601.947

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))
=8252585.959 - 1965379.471 - ( 1530718.312 - max(0, 4059692.902 - 5752425.13+1530718.312))
=4756488.176

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 11.94% mean?
PT FKS Multi Agro Tbk (ISX:FISH) has a ROIC % of 11.94% 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 FKS Multi Agro Tbk and its competitors.
Is PT FKS Multi Agro Tbk's ROIC % too high?
PT FKS Multi Agro Tbk's current ROIC % is 11.94%. The Consumer Packaged Goods industry median ROIC % is 5.13. PT FKS Multi Agro Tbk's value of 11.94% is 132.7% above this industry median. Overall, PT FKS Multi Agro Tbk has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT FKS Multi Agro Tbk's ROIC % compare to ADM and BG?
PT FKS Multi Agro Tbk's ROIC % of 11.94% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROIC % is 5.13. PT FKS Multi Agro Tbk's value of 11.94% is 132.7% above this benchmark. 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 Consumer Packaged Goods company?
The median ROIC % among Consumer Packaged Goods companies is 5.13, based on 1,941 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. PT FKS Multi Agro Tbk's current ROIC % of 11.94% is 132.7% 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 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 FKS Multi Agro Tbk and its competitors. For the Consumer Packaged Goods industry, the median ROIC % is 5.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT FKS Multi Agro Tbk's current ROIC % is 11.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT FKS Multi Agro Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT FKS Multi Agro Tbk (ISX:FISH) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp762.42, compared to a current price of Rp600.00 — trading 21.3% below its estimated fair value. The current ROIC % is 11.94% and 132.7% above the Consumer Packaged Goods industry median of 5.13. PT FKS Multi Agro Tbk's overall GF Score™ is 67/100 with 5 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 FKS Multi Agro Tbk (ISX:FISH), the current ROIC % is 11.94% 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 FKS Multi Agro Tbk (ISX:FISH) Overvalued in 2026?

Based on GuruFocus' analysis, PT FKS Multi Agro Tbk stock appears to be undervalued. The current stock price of Rp600.00 is trading 21.3% below its estimated GF Value™ of Rp762.42. GuruFocus considers PT FKS Multi Agro Tbk to be Modestly Undervalued.

Key valuation signals for ISX:FISH:

  • ROIC %: 11.94%
  • GF Value™: Rp762.42 vs. price of Rp600.00 (21.3% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 132.7% above the Consumer Packaged Goods median

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


PT FKS Multi Agro Tbk Business Description

Address Jalan. Jend. Sudirman Kav. 5-6, Menara Astra, 28th Floor, Jakarta Pusat, Jakarta, IDN, 10220
PT FKS Multi Agro Tbk is engaged in the distribution and trading of grains, oilseeds, and feed ingredients. It supplies oilseed meals, animal protein meals, and co-products of grain milling for the animal feed industry. The company deals with food products such as rice, soybeans, and cooking oil. In addition, the company also provides a logistics solution for the importation and distribution of dry bulk commodities. The group's business activities are classified into three business segments, consisting of Trading and distribution, Manufacturing and logistics, of which the majority of the revenue is derived from the Trading and distribution segment. The organization generates key revenue from Indonesia.
67GF Score

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

Rp600.00
Price
Rp762.42
GF Value