PT Mulia Boga Raya Tbk (ISX:KEJU) Asset Turnover: 0.36 (As of Jun. 2026)

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ISX:KEJU PT Mulia Boga Raya Tbk ISX:KEJU
86 GF Score
Price Rp565.00
GF Value Rp654.61
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Mulia Boga Raya Tbk Asset Turnover?

PT Mulia Boga Raya Tbk ISX:KEJU -5.04% 86 Asset Turnover is 0.36 as of Jun. 2026. GuruFocus rates ISX:KEJU with a GF Score™ of 86/100 and a GF Value™ of Rp654.61 (Modestly Undervalued). The stock has 4 warning signs 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 Mulia Boga Raya Tbk's Revenue for the three months ended in Jun. 2026 was Rp484,560 Mil. PT Mulia Boga Raya Tbk's Total Assets for the quarter that ended in Jun. 2026 was Rp1,332,370 Mil. Therefore, PT Mulia Boga Raya Tbk's Asset Turnover for the quarter that ended in Jun. 2026 was 0.36.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Mulia Boga Raya Tbk's annualized ROE % for the quarter that ended in Jun. 2026 was 22.77%. It is also linked to ROA % through Du Pont Formula. PT Mulia Boga Raya Tbk's annualized ROA % for the quarter that ended in Jun. 2026 was 14.96%.


PT Mulia Boga Raya Tbk  (ISX:KEJU) Asset Turnover Explanation

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

PT Mulia Boga Raya Tbk's annulized ROE % for the quarter that ended in Jun. 2026 is

ROE %**(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=199375.084/875443.8735
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(199375.084 / 1938239.088)*(1938239.088 / 1332369.9185)*(1332369.9185/ 875443.8735)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.29 %*1.4547*1.5219
=ROA %*Equity Multiplier
=14.96 %*1.5219
=22.77 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) 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 Mulia Boga Raya Tbk's annulized ROA % for the quarter that ended in Jun. 2026 is

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=199375.084/1332369.9185
=(Net Income / Revenue)*(Revenue / Total Assets)
=(199375.084 / 1938239.088)*(1938239.088 / 1332369.9185)
=Net Margin %*Asset Turnover
=10.29 %*1.4547
=14.96 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) 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 Mulia Boga Raya Tbk Asset Turnover Related Terms


PT Mulia Boga Raya Tbk Asset Turnover Historical Data

* Premium members only.

The historical data trend for PT Mulia Boga Raya 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 Mulia Boga Raya Tbk Asset Turnover Chart

PT Mulia Boga Raya Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 1.28 1.21 1.40 1.35

PT Mulia Boga Raya Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Asset Turnover 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 0.30 0.38 0.35 0.37 0.36

ISX:KEJU vs KHC, GIS: Asset Turnover Comparison

For the Packaged Foods subindustry, PT Mulia Boga Raya 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 Mulia Boga Raya Tbk Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Mulia Boga Raya Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Mulia Boga Raya Tbk's Asset Turnover falls into.


ISX:KEJU
86GF Score
PT Mulia Boga Raya Tbk ISX:KEJU
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Mulia Boga Raya Tbk Asset Turnover Calculation

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

PT Mulia Boga Raya 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 )
=1506300.33/( (974057.857+1251481.881)/ 2 )
=1506300.33/1112769.869
=1.35

PT Mulia Boga Raya Tbk's Asset Turnover for the quarter that ended in Jun. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=484559.772/( (1326657.204+1338082.633)/ 2 )
=484559.772/1332369.9185
=0.36

* 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 0.36 mean?
PT Mulia Boga Raya Tbk (ISX:KEJU) has a Asset Turnover of 0.36 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Mulia Boga Raya Tbk and its competitors.
Is PT Mulia Boga Raya Tbk's Asset Turnover too high?
PT Mulia Boga Raya Tbk's current Asset Turnover is 0.36. Overall, PT Mulia Boga Raya Tbk has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mulia Boga Raya Tbk's Asset Turnover compare to KHC and GIS?
PT Mulia Boga Raya Tbk's Asset Turnover of 0.36 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 Mulia Boga Raya Tbk and its competitors. PT Mulia Boga Raya Tbk's current Asset Turnover is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mulia Boga Raya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mulia Boga Raya Tbk (ISX:KEJU) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp654.61, compared to a current price of Rp565.00 — trading 13.7% below its estimated fair value. The current Asset Turnover is 0.36. PT Mulia Boga Raya Tbk's overall GF Score™ is 86/100 with 4 warning signs 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 Mulia Boga Raya Tbk (ISX:KEJU), the current Asset Turnover is 0.36 as of Jun. 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 Mulia Boga Raya Tbk (ISX:KEJU) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mulia Boga Raya Tbk stock appears to be undervalued. The current stock price of Rp565.00 is trading 13.7% below its estimated GF Value™ of Rp654.61. GuruFocus considers PT Mulia Boga Raya Tbk to be Modestly Undervalued.

Key valuation signals for ISX:KEJU:

  • Asset Turnover: 0.36
  • GF Value™: Rp654.61 vs. price of Rp565.00 (13.7% below fair value)
  • GF Score™: 86/100 with 4 warning signs

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


PT Mulia Boga Raya Tbk Business Description

Address Jl. Inti Raya II, Blok C.7 No. 5-A, Cibatu Cikarang Selatan, Bekasi, IDN, 11610
PT Mulia Boga Raya Tbk is a manufacturer and marketer of various types of cheese products. Its products portfolio includes Prochiz Premium Cheddar, Prochiz Cheddar Slice, Prochiz Gold Cheddar, Prochiz Gold Cheddar, Prochiz Spready, Prochiz Quick Melt, Prochiz Mayo, Prochiz Cheese Snack etc. Its product-based segment comprises of block cheese, sliced cheese and others out of which block cheese derive majority revenue.
86GF Score

Get the complete analysis for ISX:KEJU

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

Rp565.00
Price
Rp654.61
GF Value