PIKQF (PT Indah Kiat Pulp & Paper Tbk) Asset Turnover: 0.07 (As of Mar. 2026)


PIKQF PT Indah Kiat Pulp & Paper Tbk PIKQF
97 GF Score
Price $0.53
GF Value $0.68
! 4 Warning Signs
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What is PT Indah Kiat Pulp & Paper Tbk Asset Turnover?

PT Indah Kiat Pulp & Paper Tbk PIKQF 97 Asset Turnover is 0.07 as of Mar. 2026. GuruFocus rates PIKQF with a GF Score™ of 97/100 and a GF Value™ of $0.68. 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 Indah Kiat Pulp & Paper Tbk's Revenue for the three months ended in Mar. 2026 was $816 Mil. PT Indah Kiat Pulp & Paper Tbk's Total Assets for the quarter that ended in Mar. 2026 was $12,501 Mil. Therefore, PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk's annualized ROE % for the quarter that ended in Mar. 2026 was 9.02%. It is also linked to ROA % through Du Pont Formula. PT Indah Kiat Pulp & Paper Tbk's annualized ROA % for the quarter that ended in Mar. 2026 was 5.00%.


PT Indah Kiat Pulp & Paper Tbk  (OTCPK:PIKQF) Asset Turnover Explanation

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

PT Indah Kiat Pulp & Paper Tbk's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=624.452/6921.2995
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(624.452 / 3265.168)*(3265.168 / 12500.518)*(12500.518/ 6921.2995)
=Net Margin %*Asset Turnover*Equity Multiplier
=19.12 %*0.2612*1.8061
=ROA %*Equity Multiplier
=5.00 %*1.8061
=9.02 %

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 Indah Kiat Pulp & Paper Tbk's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=624.452/12500.518
=(Net Income / Revenue)*(Revenue / Total Assets)
=(624.452 / 3265.168)*(3265.168 / 12500.518)
=Net Margin %*Asset Turnover
=19.12 %*0.2612
=5.00 %

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 Indah Kiat Pulp & Paper Tbk Asset Turnover Related Terms


PT Indah Kiat Pulp & Paper Tbk Asset Turnover Historical Data

* Premium members only.

The historical data trend for PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk Asset Turnover Chart

PT Indah Kiat Pulp & Paper 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 0.40 0.43 0.35 0.29 0.26

PT Indah Kiat Pulp & Paper 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 0.07 0.06 0.06 0.07 0.07

PIKQF vs SLVM: Asset Turnover Comparison

For the Paper & Paper Products subindustry, PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk Asset Turnover vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Indah Kiat Pulp & Paper Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Indah Kiat Pulp & Paper Tbk's Asset Turnover falls into.


PIKQF
97GF Score
PT Indah Kiat Pulp & Paper Tbk PIKQF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indah Kiat Pulp & Paper Tbk Asset Turnover Calculation

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

PT Indah Kiat Pulp & Paper 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 )
=3171.276/( (11777.052+12347.406)/ 2 )
=3171.276/12062.229
=0.26

PT Indah Kiat Pulp & Paper 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 )
=816.292/( (12347.406+12653.63)/ 2 )
=816.292/12500.518
=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 Indah Kiat Pulp & Paper Tbk (PIKQF) 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 Indah Kiat Pulp & Paper Tbk and its competitors.
Is PT Indah Kiat Pulp & Paper Tbk's Asset Turnover too high?
PT Indah Kiat Pulp & Paper Tbk's current Asset Turnover is 0.07. Overall, PT Indah Kiat Pulp & Paper Tbk has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does PT Indah Kiat Pulp & Paper Tbk's Asset Turnover compare to SLVM?
PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk and its competitors. PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk stock overvalued right now?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a current Asset Turnover of 0.07. The stock's GF Value™ is $0.68, compared to a current price of $0.53 — trading 22% below its estimated fair value. The current Asset Turnover is 0.07. PT Indah Kiat Pulp & Paper Tbk's overall GF Score™ is 97/100 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 Indah Kiat Pulp & Paper Tbk (PIKQF), 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.

Is PT Indah Kiat Pulp & Paper Tbk (PIKQF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indah Kiat Pulp & Paper Tbk stock appears to be undervalued. The current stock price of $0.53 is trading 22% below its estimated GF Value™ of $0.68.

Key valuation signals for PIKQF:

  • Asset Turnover: 0.07
  • GF Value™: $0.68 vs. price of $0.53 (22% below fair value)
  • GF Score™: 97/100 with 4 warning signs

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


PT Indah Kiat Pulp & Paper Tbk Business Description

Other Exchanges INKP:IndonesiaIKP:Germany
Address Jalan M.H. Thamrin No. 51, Tower 2, 9th Floor, Building Sinar Mas Land Plaza, Jakarta, IDN, 10350
PT Indah Kiat Pulp & Paper Tbk manufactures paper, pulp, and packaging paper. The company's operating segments are: cultural paper and pulp, which derives maximum revenue; and industrial paper and tissue products. Its cultural paper and pulp products segment consists of cultural paper and other related cultural paper products and pulp. The industrial paper and tissue products segment consists of linerboard, corrugating medium, corrugated shipping containers, and boxboard. Geographically, the company generates maximum revenue from Indonesia, and the rest from Asia, Europe, America, the Middle East, Africa, and Australia.
97GF Score

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

$0.53
Price
$0.68
GF Value