PT Malindo Feedmill Tbk (ISX:MAIN) ROIC %: 10.75% (As of Mar. 2026)


ISX:MAIN PT Malindo Feedmill Tbk ISX:MAIN
97 GF Score
Price Rp655.00
GF Value Rp788.37
Valuation Modestly Undervalued
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What is PT Malindo Feedmill Tbk ROIC %?

PT Malindo Feedmill Tbk ISX:MAIN -2.24% 97 ROIC % is 10.75% as of Mar. 2026. GuruFocus rates ISX:MAIN with a GF Score™ of 97/100 and a GF Value™ of Rp788.37 (Modestly Undervalued).

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 Malindo Feedmill Tbk's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 10.75%.

As of today (2026-07-09), PT Malindo Feedmill Tbk's WACC % is 6.95%. PT Malindo Feedmill Tbk's ROIC % is 9.80% (calculated using TTM income statement data). PT Malindo Feedmill 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 Malindo Feedmill Tbk  (ISX:MAIN) 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 Malindo Feedmill Tbk's WACC % is 6.95%. PT Malindo Feedmill Tbk's ROIC % is 9.80% (calculated using TTM income statement data). PT Malindo Feedmill 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 Malindo Feedmill Tbk ROIC % Related Terms


PT Malindo Feedmill Tbk ROIC % Historical Data

* Premium members only.

The historical data trend for PT Malindo Feedmill 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 Malindo Feedmill Tbk ROIC % Chart

PT Malindo Feedmill 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 1.75 3.00 4.29 13.10 9.62

PT Malindo Feedmill 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 11.01 -3.04 10.09 21.03 10.75

ISX:MAIN vs KHC, GIS: ROIC % Comparison

For the Packaged Foods subindustry, PT Malindo Feedmill 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 Malindo Feedmill Tbk ROIC % vs Consumer Packaged Goods Industry

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

* The bar in red indicates where PT Malindo Feedmill Tbk's ROIC % falls into.


ISX:MAIN
97GF Score
PT Malindo Feedmill Tbk ISX:MAIN
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Malindo Feedmill Tbk ROIC % Calculation

PT Malindo Feedmill 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 )
=566309.157 * ( 1 - 21.49% )/( (4577805.149 + 4669420.764)/ 2 )
=444609.3191607/4623612.9565
=9.62 %

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))
=5380045.84 - 473065 - ( 329175.691 - max(0, 1725205.58 - 2848076.485+329175.691))
=4577805.149

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))
=5704660.843 - 551329.695 - ( 483910.384 - max(0, 1984624.03 - 3057956.975+483910.384))
=4669420.764

PT Malindo Feedmill 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 )
=656678.744 * ( 1 - 22.46% )/( (4669420.764 + 4803316.482)/ 2 )
=509188.6980976/4736368.623
=10.75 %

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))
=5704660.843 - 551329.695 - ( 483910.384 - max(0, 1984624.03 - 3057956.975+483910.384))
=4669420.764

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))
=6101647.649 - 682254.589 - ( 616076.578 - max(0, 2303031.088 - 3311811.219+616076.578))
=4803316.482

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 10.75% mean?
PT Malindo Feedmill Tbk (ISX:MAIN) has a ROIC % of 10.75% 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 Malindo Feedmill Tbk and its competitors.
Is PT Malindo Feedmill Tbk's ROIC % too high?
PT Malindo Feedmill Tbk's current ROIC % is 10.75%. The Consumer Packaged Goods industry median ROIC % is 5.13. PT Malindo Feedmill Tbk's value of 10.75% is 109.6% above this industry median. Overall, PT Malindo Feedmill Tbk has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Malindo Feedmill Tbk's ROIC % compare to KHC and GIS?
PT Malindo Feedmill Tbk's ROIC % of 10.75% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROIC % is 5.13. PT Malindo Feedmill Tbk's value of 10.75% is 109.6% 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 1,943 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 Malindo Feedmill Tbk's current ROIC % of 10.75% is 109.6% 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 Malindo Feedmill 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 Malindo Feedmill Tbk's current ROIC % is 10.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Malindo Feedmill Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Malindo Feedmill Tbk (ISX:MAIN) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp788.37, compared to a current price of Rp655.00 — trading 16.9% below its estimated fair value. The current ROIC % is 10.75% and 109.6% above the Consumer Packaged Goods industry median of 5.13. PT Malindo Feedmill Tbk's overall GF Score™ is 97/100. 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 Malindo Feedmill Tbk (ISX:MAIN), the current ROIC % is 10.75% 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 Malindo Feedmill Tbk (ISX:MAIN) Overvalued in 2026?

Based on GuruFocus' analysis, PT Malindo Feedmill Tbk stock appears to be undervalued. The current stock price of Rp655.00 is trading 16.9% below its estimated GF Value™ of Rp788.37. GuruFocus considers PT Malindo Feedmill Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MAIN:

  • ROIC %: 10.75%
  • GF Value™: Rp788.37 vs. price of Rp655.00 (16.9% below fair value)
  • GF Score™: 97/100
  • Industry Position: 109.6% above the Consumer Packaged Goods median

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


PT Malindo Feedmill Tbk Business Description

Address Jalan RS. Fatmawati No. 15, Komplek Golden Plaza Blok G No.17-22, Jakarta Selatan, Jakarta, IDN, 12420
PT Malindo Feedmill Tbk is an Indonesian company engaged in the poultry feeds industry and day-old chicken farm. The company's chief business segments are the Feedmill segment, the Breeder segment, the Broiler segment, and the Food and Poultry Processing segment. It generates the majority of the revenue from the Feedmill segment, in which the company produces animal feed such as breeder feed, chicken broiler feed, chicken layer feed, swine feed, and other animal feed products. The company produces and markets Parent Stock and Day Old Chick in the Chicken breeding segment.
97GF Score

Get the complete analysis for ISX:MAIN

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

Rp655.00
Price
Rp788.37
GF Value