PTrana Mitra Luas TBK (ISX:SMIL) Asset Turnover: 0.11 (As of Mar. 2026)


ISX:SMIL PT Sarana Mitra Luas TBK ISX:SMIL
88 GF Score
Price Rp284.00
GF Value Rp261.72
Valuation Fairly Valued
! 6 Warning Signs
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What is PTrana Mitra Luas TBK Asset Turnover?

PTrana Mitra Luas TBK ISX:SMIL +0.71% 88 Asset Turnover is 0.11 as of Mar. 2026. GuruFocus rates ISX:SMIL with a GF Score™ of 88/100 and a GF Value™ of Rp261.72 (Fairly Valued). The stock has 6 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. PTrana Mitra Luas TBK's Revenue for the three months ended in Mar. 2026 was Rp128,828 Mil. PTrana Mitra Luas TBK's Total Assets for the quarter that ended in Mar. 2026 was Rp1,169,475 Mil. Therefore, PTrana Mitra Luas TBK's Asset Turnover for the quarter that ended in Mar. 2026 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. PTrana Mitra Luas TBK's annualized ROE % for the quarter that ended in Mar. 2026 was 16.36%. It is also linked to ROA % through Du Pont Formula. PTrana Mitra Luas TBK's annualized ROA % for the quarter that ended in Mar. 2026 was 10.52%.


PTrana Mitra Luas TBK  (ISX:SMIL) Asset Turnover Explanation

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

PTrana Mitra Luas TBK's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=122991.212/751783.0055
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(122991.212 / 515313.876)*(515313.876 / 1169475.4735)*(1169475.4735/ 751783.0055)
=Net Margin %*Asset Turnover*Equity Multiplier
=23.87 %*0.4406*1.5556
=ROA %*Equity Multiplier
=10.52 %*1.5556
=16.36 %

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:

PTrana Mitra Luas TBK's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=122991.212/1169475.4735
=(Net Income / Revenue)*(Revenue / Total Assets)
=(122991.212 / 515313.876)*(515313.876 / 1169475.4735)
=Net Margin %*Asset Turnover
=23.87 %*0.4406
=10.52 %

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.


PTrana Mitra Luas TBK Asset Turnover Related Terms


PTrana Mitra Luas TBK Asset Turnover Historical Data

* Premium members only.

The historical data trend for PTrana Mitra Luas 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.

PTrana Mitra Luas TBK Asset Turnover Chart

PTrana Mitra Luas TBK Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.58 0.46 0.50 0.37 0.36

PTrana Mitra Luas TBK Quarterly Data
Dec19 Dec20 Dec21 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 0.09 0.10 0.10 0.07 0.11

ISX:SMIL vs URI, SUNB, AER: Asset Turnover Comparison

For the Rental & Leasing Services subindustry, PTrana Mitra Luas 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.


PTrana Mitra Luas TBK Asset Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, PTrana Mitra Luas TBK's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PTrana Mitra Luas TBK's Asset Turnover falls into.


ISX:SMIL
88GF Score
PT Sarana Mitra Luas TBK ISX:SMIL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PTrana Mitra Luas TBK Asset Turnover Calculation

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

PTrana Mitra Luas 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 )
=409278.809/( (1118591.198+1155794.619)/ 2 )
=409278.809/1137192.9085
=0.36

PTrana Mitra Luas 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 )
=128828.469/( (1155794.619+1183156.328)/ 2 )
=128828.469/1169475.4735
=0.11

* 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 0.11 mean?
PTrana Mitra Luas TBK (ISX:SMIL) has a Asset Turnover of 0.11 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PTrana Mitra Luas TBK and its competitors.
Is PTrana Mitra Luas TBK's Asset Turnover too high?
PTrana Mitra Luas TBK's current Asset Turnover is 0.11. Overall, PTrana Mitra Luas TBK has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PTrana Mitra Luas TBK's Asset Turnover compare to URI and SUNB?
PTrana Mitra Luas TBK's Asset Turnover of 0.11 can be compared against companies in the Business Services 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 Business Services company?
A good Asset Turnover depends on the Business Services 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 PTrana Mitra Luas TBK and its competitors. PTrana Mitra Luas TBK's current Asset Turnover is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTrana Mitra Luas TBK stock overvalued right now?
Based on GuruFocus' analysis, PTrana Mitra Luas TBK (ISX:SMIL) is currently considered Fairly Valued. The stock's GF Value™ is Rp261.72, compared to a current price of Rp284.00 — trading 8.5% above its estimated fair value. The current Asset Turnover is 0.11. PTrana Mitra Luas TBK's overall GF Score™ is 88/100 with 6 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 PTrana Mitra Luas TBK (ISX:SMIL), the current Asset Turnover is 0.11 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 PTrana Mitra Luas TBK (ISX:SMIL) Overvalued in 2026?

Based on GuruFocus' analysis, PTrana Mitra Luas TBK stock appears to be overvalued. The current stock price of Rp284.00 is trading 8.5% above its estimated GF Value™ of Rp261.72. GuruFocus considers PTrana Mitra Luas TBK to be Fairly Valued.

Key valuation signals for ISX:SMIL:

  • Asset Turnover: 0.11
  • GF Value™: Rp261.72 vs. price of Rp284.00 (8.5% above fair value)
  • GF Score™: 88/100 with 6 warning signs

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


PTrana Mitra Luas TBK Business Description

Address Jalan Kenari Utama II, Block C, No.03 & 05A, Cibatu, Kecamatan Cikarang Selatan, Jawa Barat, Bekasi, IDN, 17530
PT Sarana Mitra Luas TBK is a forklift rental company with a total fleet of more than 3,000 units. Apart from rental, It also provides other material handling solutions such as selling and servicing forklifts. The company only has two business segments, namely forklift sales and rent services generating the majority revenue.
88GF Score

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

Rp284.00
Price
Rp261.72
GF Value