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 Ultrajaya Milk Industry & Trading Co Tbk's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 34.56%.
As of today (2026-06-30), PT Ultrajaya Milk Industry & Trading Co Tbk's WACC % is 5.08%. PT Ultrajaya Milk Industry & Trading Co Tbk's ROIC % is 25.08% (calculated using TTM income statement data).
PT Ultrajaya Milk Industry & Trading Co 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 Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) 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 Ultrajaya Milk Industry & Trading Co Tbk's WACC % is 5.08%. PT Ultrajaya Milk Industry & Trading Co Tbk's ROIC % is 25.08% (calculated using TTM income statement data).
PT Ultrajaya Milk Industry & Trading Co 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 Ultrajaya Milk Industry & Trading Co Tbk ROIC % Related Terms
PT Ultrajaya Milk Industry & Trading Co Tbk ROIC % Historical Data
* 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 Ultrajaya Milk Industry & Trading Co Tbk ROIC % Chart
PT Ultrajaya Milk Industry & Trading Co Tbk Annual Data
For the Beverages - Non-Alcoholic subindustry, PT Ultrajaya Milk Industry & Trading Co 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 Ultrajaya Milk Industry & Trading Co Tbk ROIC % vs Beverages - Non-Alcoholic Industry
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.
PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) has a ROIC % of 34.56% 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 Ultrajaya Milk Industry & Trading Co Tbk and its competitors.
Is PT Ultrajaya Milk Industry & Trading Co Tbk's ROIC % too high?
PT Ultrajaya Milk Industry & Trading Co Tbk's current ROIC % is 34.56%. The Beverages - Non-Alcoholic industry median ROIC % is 8.72. PT Ultrajaya Milk Industry & Trading Co Tbk's value of 34.56% is 296.6% above this industry median. Overall, PT Ultrajaya Milk Industry & Trading Co Tbk has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Ultrajaya Milk Industry & Trading Co Tbk's ROIC % compare to KO and PEP?
PT Ultrajaya Milk Industry & Trading Co Tbk's ROIC % of 34.56% can be compared against companies in the Beverages - Non-Alcoholic industry. The industry median ROIC % is 8.72. PT Ultrajaya Milk Industry & Trading Co Tbk's value of 34.56% is 296.6% 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 Beverages - Non-Alcoholic company?
The median ROIC % among Beverages - Non-Alcoholic companies is 8.72, based on 114 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 Ultrajaya Milk Industry & Trading Co Tbk's current ROIC % of 34.56% is 296.6% 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 Ultrajaya Milk Industry & Trading Co Tbk and its competitors. For the Beverages - Non-Alcoholic industry, the median ROIC % is 8.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Ultrajaya Milk Industry & Trading Co Tbk's current ROIC % is 34.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Ultrajaya Milk Industry & Trading Co Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,873.33, compared to a current price of Rp1,330.00 — trading 29% below its estimated fair value. The current ROIC % is 34.56% and 296.6% above the Beverages - Non-Alcoholic industry median of 8.72. PT Ultrajaya Milk Industry & Trading Co Tbk's overall GF Score™ is 99/100 with 3 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 Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ), the current ROIC % is 34.56% 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 Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Overvalued in 2026?
Based on GuruFocus' analysis, PT Ultrajaya Milk Industry & Trading Co Tbk stock appears to be undervalued.
The current stock price of Rp1,330.00 is trading 29% below its estimated GF Value™ of Rp1,873.33.
GuruFocus considers PT Ultrajaya Milk Industry & Trading Co Tbk to be Modestly Undervalued.
Key valuation signals for ISX:ULTJ:
ROIC %: 34.56%
GF Value™: Rp1,873.33 vs. price of Rp1,330.00 (29% below fair value)
Industry Position: 296.6% above the Beverages - Non-Alcoholic median
No single metric tells the full story. See the ISX:ULTJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Ultrajaya Milk Industry & Trading Co Tbk Business Description
PT Ultrajaya Milk Industry & Trading Co Tbk is in the business of producing dairy products, beverages, and healthy drink products with ultra-high temperature technology and aseptic packaging. Its products are Freshmilk, Tea drink, Health drinks, Sweetened condensed creamer, and others. The company operates in two operating segments: Beverages and Food. It derives the majority of its revenues from the Beverages segment.
99GF Score
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