PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Asset Turnover: 0.77 (As of Dec. 2025)


ISX:MKAP PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
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What is PT Multikarya Asia Pasifik Raya Tbk Asset Turnover?

PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP 13 Asset Turnover is 0.77 as of Dec. 2025. GuruFocus rates ISX:MKAP with a GF Score™ of 13/100. The stock has 5 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 Multikarya Asia Pasifik Raya Tbk's Revenue for the six months ended in Dec. 2025 was Rp405,636 Mil. PT Multikarya Asia Pasifik Raya Tbk's Total Assets for the quarter that ended in Dec. 2025 was Rp527,639 Mil. Therefore, PT Multikarya Asia Pasifik Raya Tbk's Asset Turnover for the quarter that ended in Dec. 2025 was 0.77.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Multikarya Asia Pasifik Raya Tbk's annualized ROE % for the quarter that ended in Dec. 2025 was 36.83%. It is also linked to ROA % through Du Pont Formula. PT Multikarya Asia Pasifik Raya Tbk's annualized ROA % for the quarter that ended in Dec. 2025 was 20.98%.


PT Multikarya Asia Pasifik Raya Tbk  (ISX:MKAP) Asset Turnover Explanation

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

PT Multikarya Asia Pasifik Raya Tbk's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=110688.354/300563.8435
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(110688.354 / 811272.63)*(811272.63 / 527638.9545)*(527638.9545/ 300563.8435)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.64 %*1.5376*1.7555
=ROA %*Equity Multiplier
=20.98 %*1.7555
=36.83 %

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 Multikarya Asia Pasifik Raya Tbk's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=110688.354/527638.9545
=(Net Income / Revenue)*(Revenue / Total Assets)
=(110688.354 / 811272.63)*(811272.63 / 527638.9545)
=Net Margin %*Asset Turnover
=13.64 %*1.5376
=20.98 %

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 Multikarya Asia Pasifik Raya Tbk Asset Turnover Related Terms


PT Multikarya Asia Pasifik Raya Tbk Asset Turnover Historical Data

* Premium members only.

The historical data trend for PT Multikarya Asia Pasifik 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 Multikarya Asia Pasifik Raya Tbk Asset Turnover Chart

PT Multikarya Asia Pasifik Raya Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec24 Dec25
Asset Turnover
0.59 0.43 0.79 0.94 0.77

PT Multikarya Asia Pasifik Raya Tbk Semi-Annual Data
Dec20 Dec21 Dec22 Dec24 Dec25
Asset Turnover 0.59 0.43 0.79 0.94 0.77

ISX:MKAP vs SLB, BKR, HAL: Asset Turnover Comparison

For the Oil & Gas Equipment & Services subindustry, PT Multikarya Asia Pasifik 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 Multikarya Asia Pasifik Raya Tbk Asset Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Multikarya Asia Pasifik Raya Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Multikarya Asia Pasifik Raya Tbk's Asset Turnover falls into.


ISX:MKAP
13GF Score
PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multikarya Asia Pasifik Raya Tbk Asset Turnover Calculation

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

PT Multikarya Asia Pasifik 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 )
=405636.315/( (519155.498+536122.411)/ 2 )
=405636.315/527638.9545
=0.77

PT Multikarya Asia Pasifik Raya 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 )
=405636.315/( (519155.498+536122.411)/ 2 )
=405636.315/527638.9545
=0.77

* 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 0.77 mean?
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a Asset Turnover of 0.77 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Multikarya Asia Pasifik Raya Tbk and its competitors.
Is PT Multikarya Asia Pasifik Raya Tbk's Asset Turnover too high?
PT Multikarya Asia Pasifik Raya Tbk's current Asset Turnover is 0.77. Overall, PT Multikarya Asia Pasifik Raya Tbk has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does PT Multikarya Asia Pasifik Raya Tbk's Asset Turnover compare to SLB and BKR?
PT Multikarya Asia Pasifik Raya Tbk's Asset Turnover of 0.77 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas 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 Multikarya Asia Pasifik Raya Tbk and its competitors. PT Multikarya Asia Pasifik Raya Tbk's current Asset Turnover is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multikarya Asia Pasifik Raya Tbk stock overvalued right now?
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a current Asset Turnover of 0.77. The current Asset Turnover is 0.77. PT Multikarya Asia Pasifik Raya Tbk's overall GF Score™ is 13/100 with 5 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 Multikarya Asia Pasifik Raya Tbk (ISX:MKAP), the current Asset Turnover is 0.77 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.

PT Multikarya Asia Pasifik Raya Tbk Business Description

Industry EnergyOil & Gas
Address Jalan TB Simatupang No 02, Cibis Nine, 16th Floor, Cilandak Timur, Pasar Minggu, South Jakarta, Jakarta, IDN, 12560
PT Multikarya Asia Pasifik Raya Tbk is engaged in the manufacturing and trading of services, as well as the rental and repair of pumps and other supporting equipment, including spare parts for the oil, natural gas, and mining industries. The firm operates through two main segments: Spare Parts and Procurement, and Rental and Services, with the majority of its revenue coming from the Spare Parts and Procurement segment. For the oil and gas industry, it offers products and services such as crude oil transfer to and from further processing, water reinjection production, water treatment injection plants, and pumps for mud, cement, and stimulation. In the mining industry, the company provides services for water drying and mud removal, along with reinstallation, repair, and rejuvenation of pump.
13GF Score

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