PT Mustika Ratu Tbk (ISX:MRAT) Asset Turnover: 0.14 (As of Mar. 2026)

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ISX:MRAT PT Mustika Ratu Tbk ISX:MRAT
70 GF Score
Price Rp442.00
GF Value Rp582.06
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is PT Mustika Ratu Tbk Asset Turnover?

PT Mustika Ratu Tbk ISX:MRAT 70 Asset Turnover is 0.14 as of Mar. 2026. GuruFocus rates ISX:MRAT with a GF Score™ of 70/100 and a GF Value™ of Rp582.06 (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 Mustika Ratu Tbk's Revenue for the three months ended in Mar. 2026 was Rp123,731 Mil. PT Mustika Ratu Tbk's Total Assets for the quarter that ended in Mar. 2026 was Rp871,132 Mil. Therefore, PT Mustika Ratu Tbk's Asset Turnover for the quarter that ended in Mar. 2026 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Mustika Ratu Tbk's annualized ROE % for the quarter that ended in Mar. 2026 was 0.78%. It is also linked to ROA % through Du Pont Formula. PT Mustika Ratu Tbk's annualized ROA % for the quarter that ended in Mar. 2026 was 0.51%.


PT Mustika Ratu Tbk  (ISX:MRAT) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=4475.372/574813.9255
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4475.372 / 494924.52)*(494924.52 / 871131.7685)*(871131.7685/ 574813.9255)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.9 %*0.5681*1.5155
=ROA %*Equity Multiplier
=0.51 %*1.5155
=0.78 %

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 Mustika Ratu Tbk's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=4475.372/871131.7685
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4475.372 / 494924.52)*(494924.52 / 871131.7685)
=Net Margin %*Asset Turnover
=0.9 %*0.5681
=0.51 %

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 Mustika Ratu Tbk Asset Turnover Related Terms


PT Mustika Ratu Tbk Asset Turnover Historical Data

* Premium members only.

The historical data trend for PT Mustika Ratu 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 Mustika Ratu Tbk Asset Turnover Chart

PT Mustika Ratu 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 0.57 0.45 0.45 0.46 0.50

PT Mustika Ratu 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 0.11 0.13 0.08 0.19 0.14

ISX:MRAT vs PG, CL, KVUE: Asset Turnover Comparison

For the Household & Personal Products subindustry, PT Mustika Ratu 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 Mustika Ratu Tbk Asset Turnover vs Consumer Packaged Goods Industry

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

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


ISX:MRAT
70GF Score
PT Mustika Ratu Tbk ISX:MRAT
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Mustika Ratu Tbk Asset Turnover Calculation

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

PT Mustika Ratu 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 )
=423517.456/( (818435.708+878777.664)/ 2 )
=423517.456/848606.686
=0.50

PT Mustika Ratu 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 )
=123731.13/( (878777.664+863485.873)/ 2 )
=123731.13/871131.7685
=0.14

* 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 0.14 mean?
PT Mustika Ratu Tbk (ISX:MRAT) has a Asset Turnover of 0.14 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Mustika Ratu Tbk and its competitors.
Is PT Mustika Ratu Tbk's Asset Turnover too high?
PT Mustika Ratu Tbk's current Asset Turnover is 0.14. Overall, PT Mustika Ratu Tbk has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mustika Ratu Tbk's Asset Turnover compare to PG and CL?
PT Mustika Ratu Tbk's Asset Turnover of 0.14 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 Mustika Ratu Tbk and its competitors. PT Mustika Ratu Tbk's current Asset Turnover is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mustika Ratu Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mustika Ratu Tbk (ISX:MRAT) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp582.06, compared to a current price of Rp442.00 — trading 24.1% below its estimated fair value. The current Asset Turnover is 0.14. PT Mustika Ratu Tbk's overall GF Score™ is 70/100 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 Mustika Ratu Tbk (ISX:MRAT), the current Asset Turnover is 0.14 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 Mustika Ratu Tbk (ISX:MRAT) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mustika Ratu Tbk stock appears to be undervalued. The current stock price of Rp442.00 is trading 24.1% below its estimated GF Value™ of Rp582.06. GuruFocus considers PT Mustika Ratu Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MRAT:

  • Asset Turnover: 0.14
  • GF Value™: Rp582.06 vs. price of Rp442.00 (24.1% below fair value)
  • GF Score™: 70/100 with 4 warning signs

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


PT Mustika Ratu Tbk Business Description

Address Jalan Gatot Subroto Kav 74-75, Graha Mustika Ratu, Penthouse Floor, Jakarta, IDN, 12870
PT Mustika Ratu Tbk is a manufacturer of traditional cosmetics and herbal products. The scope of the company's activity includes fabrication, trade, and distribution of herbs, cosmetics, and healthy drinks as well as other related business activities. The company's operating segments consist of Manufacturing; and Trading, services and distribution. The company generates the majority of its revenue from the Manufacturing segment. The company caters to both domestic and international markets. The company provides its products under the brands Mustika Ratu, Mustika Puteri, Bask, Taman Sari, Java Princess, and Ratu Mas.
70GF Score

Get the complete analysis for ISX:MRAT

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

Rp442.00
Price
Rp582.06
GF Value