PT Pelangi Indah Canindo Tbk (ISX:PICO) Asset Turnover: 0.20 (As of Mar. 2026)


ISX:PICO PT Pelangi Indah Canindo Tbk ISX:PICO
67 GF Score
Price Rp120.00
GF Value Rp167.09
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PT Pelangi Indah Canindo Tbk Asset Turnover?

PT Pelangi Indah Canindo Tbk ISX:PICO +0.84% 67 Asset Turnover is 0.20 as of Mar. 2026. GuruFocus rates ISX:PICO with a GF Score™ of 67/100 and a GF Value™ of Rp167.09 (Modestly Undervalued). The stock has 3 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 Pelangi Indah Canindo Tbk's Revenue for the three months ended in Mar. 2026 was Rp135,837 Mil. PT Pelangi Indah Canindo Tbk's Total Assets for the quarter that ended in Mar. 2026 was Rp670,099 Mil. Therefore, PT Pelangi Indah Canindo Tbk's Asset Turnover for the quarter that ended in Mar. 2026 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Pelangi Indah Canindo Tbk's annualized ROE % for the quarter that ended in Mar. 2026 was 2.86%. It is also linked to ROA % through Du Pont Formula. PT Pelangi Indah Canindo Tbk's annualized ROA % for the quarter that ended in Mar. 2026 was 0.90%.


PT Pelangi Indah Canindo Tbk  (ISX:PICO) Asset Turnover Explanation

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

PT Pelangi Indah Canindo Tbk's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6028.58/210481.1035
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6028.58 / 543348.952)*(543348.952 / 670098.615)*(670098.615/ 210481.1035)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.11 %*0.8108*3.1837
=ROA %*Equity Multiplier
=0.90 %*3.1837
=2.86 %

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 Pelangi Indah Canindo Tbk's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=6028.58/670098.615
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6028.58 / 543348.952)*(543348.952 / 670098.615)
=Net Margin %*Asset Turnover
=1.11 %*0.8108
=0.90 %

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 Pelangi Indah Canindo Tbk Asset Turnover Related Terms


PT Pelangi Indah Canindo Tbk Asset Turnover Historical Data

* Premium members only.

The historical data trend for PT Pelangi Indah Canindo 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 Pelangi Indah Canindo Tbk Asset Turnover Chart

PT Pelangi Indah Canindo 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 0.42 0.53 0.63 0.83 0.84

PT Pelangi Indah Canindo 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 0.19 0.23 0.24 0.20 0.20

ISX:PICO vs SW, PKG, IP: Asset Turnover Comparison

For the Packaging & Containers subindustry, PT Pelangi Indah Canindo 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 Pelangi Indah Canindo Tbk Asset Turnover vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Pelangi Indah Canindo Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Pelangi Indah Canindo Tbk's Asset Turnover falls into.


ISX:PICO
67GF Score
PT Pelangi Indah Canindo Tbk ISX:PICO
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Pelangi Indah Canindo Tbk Asset Turnover Calculation

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

PT Pelangi Indah Canindo 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 )
=582286.076/( (712824.448+666983.824)/ 2 )
=582286.076/689904.136
=0.84

PT Pelangi Indah Canindo 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 )
=135837.238/( (666983.824+673213.406)/ 2 )
=135837.238/670098.615
=0.20

* 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 0.20 mean?
PT Pelangi Indah Canindo Tbk (ISX:PICO) has a Asset Turnover of 0.20 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Pelangi Indah Canindo Tbk and its competitors.
Is PT Pelangi Indah Canindo Tbk's Asset Turnover too high?
PT Pelangi Indah Canindo Tbk's current Asset Turnover is 0.20. Overall, PT Pelangi Indah Canindo Tbk has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Pelangi Indah Canindo Tbk's Asset Turnover compare to SW and PKG?
PT Pelangi Indah Canindo Tbk's Asset Turnover of 0.20 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Asset Turnover depends on the Packaging & Containers 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 Pelangi Indah Canindo Tbk and its competitors. PT Pelangi Indah Canindo Tbk's current Asset Turnover is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pelangi Indah Canindo Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pelangi Indah Canindo Tbk (ISX:PICO) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp167.09, compared to a current price of Rp120.00 — trading 28.2% below its estimated fair value. The current Asset Turnover is 0.20. PT Pelangi Indah Canindo Tbk's overall GF Score™ is 67/100 with 3 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 Pelangi Indah Canindo Tbk (ISX:PICO), the current Asset Turnover is 0.20 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 Pelangi Indah Canindo Tbk (ISX:PICO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pelangi Indah Canindo Tbk stock appears to be undervalued. The current stock price of Rp120.00 is trading 28.2% below its estimated GF Value™ of Rp167.09. GuruFocus considers PT Pelangi Indah Canindo Tbk to be Modestly Undervalued.

Key valuation signals for ISX:PICO:

  • Asset Turnover: 0.20
  • GF Value™: Rp167.09 vs. price of Rp120.00 (28.2% below fair value)
  • GF Score™: 67/100 with 3 warning signs

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


PT Pelangi Indah Canindo Tbk Business Description

Address Jalan Daan Mogot Km. 14 No. 700, Kecamatan Kalideres, Jakarta Barat, Jakarta, IDN, 11840
PT Pelangi Indah Canindo Tbk is an Indonesia-based company that engages in the production of metal packaging. The company is in the business of the metal packaging industry in Indonesia for a variety of drum products, liquefied petroleum gas (LPG) tubes, and canned packaging. Its production facilities are in Cimone, Cikupa and Balaraja (Tangerang) and Cilacap. The company's segment includes Steel drum, Steel and component, Plastic drum, Metal printing, Pall can, and Others. The company generates the majority of its revenue from the Steel drum segment.
67GF Score

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

Rp120.00
Price
Rp167.09
GF Value