PT Tirta Mahakam Resources Tbk (ISX:TIRT) Asset Turnover: 0.07 (As of Mar. 2026)


ISX:TIRT PT Tirta Mahakam Resources Tbk ISX:TIRT
11 GF Score
Price Rp590.00
! 4 Warning Signs
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What is PT Tirta Mahakam Resources Tbk Asset Turnover?

PT Tirta Mahakam Resources Tbk ISX:TIRT 11 Asset Turnover is 0.07 as of Mar. 2026. GuruFocus rates ISX:TIRT with a GF Score™ of 11/100. 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 Tirta Mahakam Resources Tbk's Revenue for the three months ended in Mar. 2026 was Rp26,619 Mil. PT Tirta Mahakam Resources Tbk's Total Assets for the quarter that ended in Mar. 2026 was Rp375,032 Mil. Therefore, PT Tirta Mahakam Resources Tbk's Asset Turnover for the quarter that ended in Mar. 2026 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Tirta Mahakam Resources Tbk's annualized ROE % for the quarter that ended in Mar. 2026 was -4.91%. It is also linked to ROA % through Du Pont Formula. PT Tirta Mahakam Resources Tbk's annualized ROA % for the quarter that ended in Mar. 2026 was 7.96%.


PT Tirta Mahakam Resources Tbk  (ISX:TIRT) Asset Turnover Explanation

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

PT Tirta Mahakam Resources Tbk's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=29834.716/-607216.5365
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(29834.716 / 106474.18)*(106474.18 / 375032.36)*(375032.36/ -607216.5365)
=Net Margin %*Asset Turnover*Equity Multiplier
=28.02 %*0.2839*-0.6176
=ROA %*Equity Multiplier
=7.96 %*-0.6176
=-4.91 %

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 Tirta Mahakam Resources Tbk's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=29834.716/375032.36
=(Net Income / Revenue)*(Revenue / Total Assets)
=(29834.716 / 106474.18)*(106474.18 / 375032.36)
=Net Margin %*Asset Turnover
=28.02 %*0.2839
=7.96 %

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 Tirta Mahakam Resources Tbk Asset Turnover Related Terms


PT Tirta Mahakam Resources Tbk Asset Turnover Historical Data

* Premium members only.

The historical data trend for PT Tirta Mahakam Resources 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 Tirta Mahakam Resources Tbk Asset Turnover Chart

PT Tirta Mahakam Resources 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 0.05 0.00 0.00 0.00 0.05

PT Tirta Mahakam Resources 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 0.00 0.00 0.00 0.04 0.07

ISX:TIRT vs SSD, UFPI, BCC: Asset Turnover Comparison

For the Lumber & Wood Production subindustry, PT Tirta Mahakam Resources 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 Tirta Mahakam Resources Tbk Asset Turnover vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Tirta Mahakam Resources Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Tirta Mahakam Resources Tbk's Asset Turnover falls into.


ISX:TIRT
11GF Score
PT Tirta Mahakam Resources Tbk ISX:TIRT
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Tirta Mahakam Resources Tbk Asset Turnover Calculation

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

PT Tirta Mahakam Resources 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 )
=13665.323/( (179887.349+369335.915)/ 2 )
=13665.323/274611.632
=0.05

PT Tirta Mahakam Resources 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 )
=26618.545/( (369335.915+380728.805)/ 2 )
=26618.545/375032.36
=0.07

* 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 0.07 mean?
PT Tirta Mahakam Resources Tbk (ISX:TIRT) has a Asset Turnover of 0.07 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Tirta Mahakam Resources Tbk and its competitors.
Is PT Tirta Mahakam Resources Tbk's Asset Turnover too high?
PT Tirta Mahakam Resources Tbk's current Asset Turnover is 0.07. Overall, PT Tirta Mahakam Resources Tbk has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does PT Tirta Mahakam Resources Tbk's Asset Turnover compare to SSD and UFPI?
PT Tirta Mahakam Resources Tbk's Asset Turnover of 0.07 can be compared against companies in the Forest Products 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 Forest Products company?
A good Asset Turnover depends on the Forest Products 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 Tirta Mahakam Resources Tbk and its competitors. PT Tirta Mahakam Resources Tbk's current Asset Turnover is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Tirta Mahakam Resources Tbk stock overvalued right now?
PT Tirta Mahakam Resources Tbk (ISX:TIRT) has a current Asset Turnover of 0.07. The current Asset Turnover is 0.07. PT Tirta Mahakam Resources Tbk's overall GF Score™ is 11/100 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 Tirta Mahakam Resources Tbk (ISX:TIRT), the current Asset Turnover is 0.07 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.

PT Tirta Mahakam Resources Tbk Business Description

Address Jalan Letjen Soepeno No. 34, Arteri Permata Hijau, Gapura Prima Office Tower (The Bellezza) 20th Floor, Jakarta Selatan, Jakarta, IDN, 12210
PT Tirta Mahakam Resources Tbk is engaged in the plywood processing industry, producing various types of plywood products. The company's main products are Floorbase, General Plywood, Concrete Panel, Structure Panel, Barecore, Blockboard, Polyester Plywood, and Polyester Blockboard. It has only one reportable segment, which is plywood industry segment.
11GF Score

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

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