PT Malindo Feedmill Tbk (ISX:MAIN) Asset Turnover: 0.63 (As of Mar. 2026)


ISX:MAIN PT Malindo Feedmill Tbk ISX:MAIN
97 GF Score
Price Rp655.00
GF Value Rp788.61
Valuation Modestly Undervalued
View Full Analysis

What is PT Malindo Feedmill Tbk Asset Turnover?

PT Malindo Feedmill Tbk ISX:MAIN -2.24% 97 Asset Turnover is 0.63 as of Mar. 2026. GuruFocus rates ISX:MAIN with a GF Score™ of 97/100 and a GF Value™ of Rp788.61 (Modestly Undervalued).

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PT Malindo Feedmill Tbk's Revenue for the three months ended in Mar. 2026 was Rp3,697,959 Mil. PT Malindo Feedmill Tbk's Total Assets for the quarter that ended in Mar. 2026 was Rp5,903,154 Mil. Therefore, PT Malindo Feedmill Tbk's Asset Turnover for the quarter that ended in Mar. 2026 was 0.63.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Malindo Feedmill Tbk's annualized ROE % for the quarter that ended in Mar. 2026 was 16.76%. It is also linked to ROA % through Du Pont Formula. PT Malindo Feedmill Tbk's annualized ROA % for the quarter that ended in Mar. 2026 was 8.35%.


PT Malindo Feedmill Tbk  (ISX:MAIN) Asset Turnover Explanation

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

PT Malindo Feedmill Tbk's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=493098.92/2942711.3135
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(493098.92 / 14791836.7)*(14791836.7 / 5903154.246)*(5903154.246/ 2942711.3135)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.33 %*2.5058*2.006
=ROA %*Equity Multiplier
=8.35 %*2.006
=16.76 %

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=493098.92/5903154.246
=(Net Income / Revenue)*(Revenue / Total Assets)
=(493098.92 / 14791836.7)*(14791836.7 / 5903154.246)
=Net Margin %*Asset Turnover
=3.33 %*2.5058
=8.35 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 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 Malindo Feedmill Tbk Asset Turnover Related Terms


PT Malindo Feedmill Tbk Asset Turnover Historical Data

* Premium members only.

The historical data trend for PT Malindo Feedmill 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 Malindo Feedmill Tbk Asset Turnover Chart

PT Malindo Feedmill 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 1.81 1.99 2.14 2.30 2.29

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
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 0.59 0.55 0.60 0.63 0.63

ISX:MAIN vs KHC, GIS: Asset Turnover Comparison

For the Packaged Foods subindustry, PT Malindo Feedmill 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 Malindo Feedmill Tbk Asset Turnover vs Consumer Packaged Goods Industry

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

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


ISX:MAIN
97GF Score
PT Malindo Feedmill Tbk ISX:MAIN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Malindo Feedmill Tbk Asset Turnover Calculation

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

PT Malindo Feedmill 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 )
=12692871.511/( (5380045.84+5704660.843)/ 2 )
=12692871.511/5542353.3415
=2.29

PT Malindo Feedmill Tbk's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=3697959.175/( (5704660.843+6101647.649)/ 2 )
=3697959.175/5903154.246
=0.63

* 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 0.63 mean?
PT Malindo Feedmill Tbk (ISX:MAIN) has a Asset Turnover of 0.63 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Malindo Feedmill Tbk and its competitors.
Is PT Malindo Feedmill Tbk's Asset Turnover too high?
PT Malindo Feedmill Tbk's current Asset Turnover is 0.63. 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 Asset Turnover compare to KHC and GIS?
PT Malindo Feedmill Tbk's Asset Turnover of 0.63 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 Malindo Feedmill Tbk and its competitors. PT Malindo Feedmill Tbk's current Asset Turnover is 0.63. 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 Rp788.61, compared to a current price of Rp655.00 — trading 16.9% below its estimated fair value. The current Asset Turnover is 0.63. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For PT Malindo Feedmill Tbk (ISX:MAIN), the current Asset Turnover is 0.63 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 Rp788.61. GuruFocus considers PT Malindo Feedmill Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MAIN:

  • Asset Turnover: 0.63
  • GF Value™: Rp788.61 vs. price of Rp655.00 (16.9% below fair value)
  • GF Score™: 97/100

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

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

Rp655.00
Price
Rp788.61
GF Value