PT Multi Garam Utama Tbk (ISX:FOLK) Asset Turnover: 0.22 (As of Dec. 2025)


ISX:FOLK PT Multi Garam Utama Tbk ISX:FOLK
17 GF Score
Price Rp214.00
GF Value Rp32.52
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Multi Garam Utama Tbk Asset Turnover?

PT Multi Garam Utama Tbk ISX:FOLK +12.63% 17 Asset Turnover is 0.22 as of Dec. 2025. GuruFocus rates ISX:FOLK with a GF Score™ of 17/100 and a GF Value™ of Rp32.52 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PT Multi Garam Utama Tbk's Revenue for the six months ended in Dec. 2025 was Rp18,757 Mil. PT Multi Garam Utama Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp85,605 Mil. Therefore, PT Multi Garam Utama Tbk's Asset Turnover for the quarter that ended in Dec. 2025 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Multi Garam Utama Tbk's annualized ROE % for the quarter that ended in Dec. 2025 was -31.01%. It is also linked to ROA % through Du Pont Formula. PT Multi Garam Utama Tbk's annualized ROA % for the quarter that ended in Dec. 2025 was -32.09%.


PT Multi Garam Utama Tbk  (ISX:FOLK) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

PT Multi Garam Utama Tbk's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-27470.358/88572.102
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-27470.358 / 37513.432)*(37513.432 / 85604.556)*(85604.556/ 88572.102)
=Net Margin %*Asset Turnover*Equity Multiplier
=-73.23 %*0.4382*0.9665
=ROA %*Equity Multiplier
=-32.09 %*0.9665
=-31.01 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

PT Multi Garam Utama Tbk's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-27470.358/85604.556
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-27470.358 / 37513.432)*(37513.432 / 85604.556)
=Net Margin %*Asset Turnover
=-73.23 %*0.4382
=-32.09 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


PT Multi Garam Utama Tbk Asset Turnover Related Terms


PT Multi Garam Utama Tbk Asset Turnover Historical Data

* Premium members only.

The historical data trend for PT Multi Garam Utama Tbk's Asset Turnover 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 Multi Garam Utama Tbk Asset Turnover Chart

PT Multi Garam Utama Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec24 Dec25
Asset Turnover
0.11 0.37 0.54 0.23 0.22

PT Multi Garam Utama Tbk Semi-Annual Data
Dec20 Dec21 Dec22 Dec24 Dec25
Asset Turnover 0.11 0.37 0.54 0.23 0.22

ISX:FOLK vs AMZN, BABA, PDD: Asset Turnover Comparison

For the Internet Retail subindustry, PT Multi Garam Utama Tbk's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Multi Garam Utama Tbk Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Multi Garam Utama Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Multi Garam Utama Tbk's Asset Turnover falls into.


ISX:FOLK
17GF Score
PT Multi Garam Utama Tbk ISX:FOLK
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multi Garam Utama Tbk Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

PT Multi Garam Utama Tbk's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=18756.716/( (95004.089+76205.023)/ 2 )
=18756.716/85604.556
=0.22

PT Multi Garam Utama Tbk's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Dec. 2025 ))/ count )
=18756.716/( (95004.089+76205.023)/ 2 )
=18756.716/85604.556
=0.22

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.22 mean?
PT Multi Garam Utama Tbk (ISX:FOLK) has a Asset Turnover of 0.22 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Multi Garam Utama Tbk and its competitors.
Is PT Multi Garam Utama Tbk's Asset Turnover too high?
PT Multi Garam Utama Tbk's current Asset Turnover is 0.22. Overall, PT Multi Garam Utama Tbk has a GF Score™ of 17/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multi Garam Utama Tbk's Asset Turnover compare to AMZN and BABA?
PT Multi Garam Utama Tbk's Asset Turnover of 0.22 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Multi Garam Utama Tbk and its competitors. PT Multi Garam Utama Tbk's current Asset Turnover is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Garam Utama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multi Garam Utama Tbk (ISX:FOLK) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp32.52, compared to a current price of Rp214.00 — trading 558.1% above its estimated fair value. The current Asset Turnover is 0.22. PT Multi Garam Utama Tbk's overall GF Score™ is 17/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For PT Multi Garam Utama Tbk (ISX:FOLK), the current Asset Turnover is 0.22 as of Dec. 2025. 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 Multi Garam Utama Tbk (ISX:FOLK) Overvalued in 2026?

Based on GuruFocus' analysis, PT Multi Garam Utama Tbk stock appears to be overvalued. The current stock price of Rp214.00 is trading 558.1% above its estimated GF Value™ of Rp32.52. GuruFocus considers PT Multi Garam Utama Tbk to be Significantly Overvalued.

Key valuation signals for ISX:FOLK:

  • Asset Turnover: 0.22
  • GF Value™: Rp32.52 vs. price of Rp214.00 (558.1% above fair value)
  • GF Score™: 17/100 with 1 warning sign

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


PT Multi Garam Utama Tbk Business Description

Address Jl. Jend. Sudirman Kav. 52 - 53, Prosperity Tower Unit 17th Floor, District 8, SCBD, Kel. Senayan, Kec. Kebayoran Baru, Jakarta Selatan, Jakarta, IDN, 12190
PT Multi Garam Utama Tbk is a multi-sector holding entity operating under 3 main business pillars, namely New Age Media Commerce, Omni-Channel Retail Brands, and Intellectual Property & Community. The company categorized its operational segments into 5 segments: holding, media, cosmetics, footwear, and soap. The Soap segment derives majority of the revenue.
17GF Score

Get the complete analysis for ISX:FOLK

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

Rp214.00
Price
Rp32.52
GF Value