Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
PT Agung Menjangan Mas Tbk
Physical assets are 20.0% of total assets, a light footprint. Capex is 0.00x depreciation and free cash flow yield is weak, which fits a cash drain on aging assets.
Fixed-asset turnover is 1.88x. Compare it with other names in the same basket.
Physical asset ratio
20.0%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&EIDR 8.34BpropertyPlantAndEquipmentNetInventoryIDR 6.23BinventoryTotal assetsIDR 72.92BtotalAssetsResult 20.0%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
1.88xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenueIDR 15.64BtotalRevenueNet PP&EIDR 8.34BpropertyPlantAndEquipmentNetResult 1.88x
Revenue per dollar of the physical asset base.
Capex / D&A
0.00xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapexIDR 0.00capitalExpendituresD&AIDR 1.91BdepreciationAndAmortizationResult 0.00x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
IDR 60.04Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsIDR 72.92BtotalAssetsGoodwillIDR 0.00Not reported, treated as 0IntangiblesIDR 0.00Not reported, treated as 0LiabilitiesIDR 868.86MtotalLiabTangible bookIDR 72.05BShares1,200,000,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result IDR 60.04
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
1.57xPrice / tangible bookPrice / tangible book per sharePriceIDR 94.00Latest quoteTangible book / shareIDR 60.042025-12-31Result 1.57x
Price IDR 94.00.
Fixed-charge coverage
—Fixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDAIDR 1.41BebitdaCapexIDR 0.00capitalExpendituresInterest—Not reportedShort-term debt—Not reportedEBITDA − capexIDR 1.41BResult —
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
-4.5%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flow-IDR 5.05BfreeCashFlowMarket capIDR 112.80BMarketCapitalizationResult -4.5%
Latest free cash flow divided by current market cap (IDR 112.80B).
ROIC
—ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-IDR 498.98MoperatingIncomeTax expense—Not reportedPretax income-IDR 457.27MincomeBeforeTaxTax rate—EquityIDR 72.05BtotalStockholderEquityDebt—Not reportedCashIDR 6.67BcashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result —
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is -0.06x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2020 | 2.7%Physical asset ratio · 2020-12-31(Net PP&E + inventory) / total assetsNet PP&EIDR 1.30BpropertyPlantAndEquipmentNetInventoryIDR 0.00Not reported, treated as 0Total assetsIDR 48.82BtotalAssetsInventory was not reported and is treated as zero.Result 2.7% | 1.74xFixed asset turnover · 2020-12-31Revenue / net PP&ERevenueIDR 2.26BtotalRevenueNet PP&EIDR 1.30BpropertyPlantAndEquipmentNetResult 1.74x | 0.01xCapex / D&A · 2020-12-31Capital expenditures / depreciation and amortizationCapexIDR 2.09McapitalExpendituresD&AIDR 321.23MdepreciationAndAmortizationResult 0.01x | IDR 340.68KTangible book / share · 2020-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsIDR 48.82BtotalAssetsGoodwillIDR 0.00Not reported, treated as 0IntangiblesIDR 0.00Not reported, treated as 0LiabilitiesIDR 9.40BtotalLiabTangible bookIDR 39.42BShares115,710commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result IDR 340.68K | —Fixed-charge coverage · 2020-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-IDR 47.69MebitdaCapexIDR 2.09McapitalExpendituresInterest—Not reportedShort-term debt—Not reportedEBITDA − capex-IDR 49.78MResult — | IDR 1.03BFree cash flow · 2020-12-31Reported free cash flowOperating cash flowIDR 1.03BtotalCashFromOperatingActivitiesCapexIDR 2.09McapitalExpendituresFree cash flowIDR 1.03BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result IDR 1.03B | —ROIC · 2020-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-IDR 365.35MoperatingIncomeTax expense—Not reportedPretax income-IDR 353.24MincomeBeforeTaxTax rate—EquityIDR 39.42BtotalStockholderEquityDebtIDR 7.77BshortLongTermDebtTotalCashIDR 2.68BcashInvested capitalIDR 44.50BROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -0.28xEBIT / PP&E · 2020-12-31Operating income / net PP&EOperating income-IDR 365.35MoperatingIncomeNet PP&EIDR 1.30BpropertyPlantAndEquipmentNetResult -0.28x |
| 2021 | 2.1%Physical asset ratio · 2021-12-31(Net PP&E + inventory) / total assetsNet PP&EIDR 973.83MpropertyPlantEquipmentInventoryIDR 0.00Not reported, treated as 0Total assetsIDR 47.28BtotalAssetsInventory was not reported and is treated as zero.Result 2.1% | 5.81xFixed asset turnover · 2021-12-31Revenue / net PP&ERevenueIDR 5.66BtotalRevenueNet PP&EIDR 973.83MpropertyPlantEquipmentResult 5.81x | 0.00xCapex / D&A · 2021-12-31Capital expenditures / depreciation and amortizationCapexIDR 0.00capitalExpendituresD&AIDR 321.62MdepreciationAndAmortizationResult 0.00x | IDR 48.06Tangible book / share · 2021-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsIDR 47.28BtotalAssetsGoodwillIDR 0.00Not reported, treated as 0IntangiblesIDR 0.00Not reported, treated as 0LiabilitiesIDR 1.14BtotalLiabTangible bookIDR 46.13BShares960,000,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result IDR 48.06 | —Fixed-charge coverage · 2021-12-31(EBITDA − capex) / (interest + short-term debt)EBITDAIDR 1.13BebitdaCapexIDR 0.00capitalExpendituresInterest—Not reportedShort-term debtIDR 0.00shortTermDebtEBITDA − capexIDR 1.13BPrincipal due is short-term debt.Result — | IDR 3.96BFree cash flow · 2021-12-31Reported free cash flowOperating cash flowIDR 3.96BtotalCashFromOperatingActivitiesCapexIDR 0.00capitalExpendituresFree cash flowIDR 3.96BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result IDR 3.96B | —ROIC · 2021-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeIDR 805.88MoperatingIncomeTax expenseIDR 131.79MincomeTaxExpensePretax incomeIDR 811.84MincomeBeforeTaxTax rate16.2%EquityIDR 46.13BtotalStockholderEquityDebt—Not reportedCashIDR 3.06BcashAndShortTermInvestmentsInvested capital—Result — | 0.83xEBIT / PP&E · 2021-12-31Operating income / net PP&EOperating incomeIDR 805.88MoperatingIncomeNet PP&EIDR 973.83MpropertyPlantEquipmentResult 0.83x |
| 2022 | 1.0%Physical asset ratio · 2022-12-31(Net PP&E + inventory) / total assetsNet PP&EIDR 696.88MpropertyPlantEquipmentInventoryIDR 1.00inventoryTotal assetsIDR 70.58BtotalAssetsResult 1.0% | 14.32xFixed asset turnover · 2022-12-31Revenue / net PP&ERevenueIDR 9.98BtotalRevenueNet PP&EIDR 696.88MpropertyPlantEquipmentResult 14.32x | 0.03xCapex / D&A · 2022-12-31Capital expenditures / depreciation and amortizationCapexIDR 38.68McapitalExpendituresD&AIDR 1.14BdepreciationAndAmortizationResult 0.03x | IDR 57.14Tangible book / share · 2022-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsIDR 70.58BtotalAssetsGoodwillIDR 0.00Not reported, treated as 0IntangiblesIDR 0.00Not reported, treated as 0LiabilitiesIDR 2.01BtotalLiabTangible bookIDR 68.57BShares1,200,000,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result IDR 57.14 | —Fixed-charge coverage · 2022-12-31(EBITDA − capex) / (interest + short-term debt)EBITDAIDR 3.03BebitdaCapexIDR 38.68McapitalExpendituresInterest—Not reportedShort-term debtIDR 0.00shortTermDebtEBITDA − capexIDR 2.99BPrincipal due is short-term debt.Result — | IDR 1.35BFree cash flow · 2022-12-31Reported free cash flowOperating cash flowIDR 1.39BtotalCashFromOperatingActivitiesCapexIDR 38.68McapitalExpendituresFree cash flowIDR 1.35BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result IDR 1.35B | —ROIC · 2022-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeIDR 1.89BoperatingIncomeTax expenseIDR 320.92MincomeTaxExpensePretax incomeIDR 1.94BincomeBeforeTaxTax rate16.5%EquityIDR 68.57BtotalStockholderEquityDebt—Not reportedCashIDR 25.24BcashAndEquivalentsInvested capital—Result — | 2.71xEBIT / PP&E · 2022-12-31Operating income / net PP&EOperating incomeIDR 1.89BoperatingIncomeNet PP&EIDR 696.88MpropertyPlantEquipmentResult 2.71x |
| 2023 | 0.5%Physical asset ratio · 2023-12-31(Net PP&E + inventory) / total assetsNet PP&EIDR 381.59MpropertyPlantEquipmentInventoryIDR 0.00Not reported, treated as 0Total assetsIDR 71.39BtotalAssetsInventory was not reported and is treated as zero.Result 0.5% | 27.02xFixed asset turnover · 2023-12-31Revenue / net PP&ERevenueIDR 10.31BtotalRevenueNet PP&EIDR 381.59MpropertyPlantEquipmentResult 27.02x | 0.00xCapex / D&A · 2023-12-31Capital expenditures / depreciation and amortizationCapexIDR 0.00capitalExpendituresD&AIDR 1.14BdepreciationAndAmortizationResult 0.00x | IDR 57.32Tangible book / share · 2023-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsIDR 71.39BtotalAssetsGoodwillIDR 0.00Not reported, treated as 0IntangiblesIDR 0.00Not reported, treated as 0LiabilitiesIDR 2.60BtotalLiabTangible bookIDR 68.79BShares1,200,000,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result IDR 57.32 | —Fixed-charge coverage · 2023-12-31(EBITDA − capex) / (interest + short-term debt)EBITDAIDR 1.40BebitdaCapexIDR 0.00capitalExpendituresInterest—Not reportedShort-term debtIDR 0.00shortTermDebtEBITDA − capexIDR 1.40BPrincipal due is short-term debt.Result — | -IDR 1.00BFree cash flow · 2023-12-31Reported free cash flowOperating cash flow-IDR 1.00BtotalCashFromOperatingActivitiesCapexIDR 0.00capitalExpendituresFree cash flow-IDR 1.00BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -IDR 1.00B | —ROIC · 2023-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeIDR 253.83MoperatingIncomeTax expenseIDR 43.45MincomeTaxExpensePretax incomeIDR 270.74MincomeBeforeTaxTax rate16.0%EquityIDR 68.79BtotalStockholderEquityDebt—Not reportedCashIDR 22.53BcashAndShortTermInvestmentsInvested capital—Result — | 0.67xEBIT / PP&E · 2023-12-31Operating income / net PP&EOperating incomeIDR 253.83MoperatingIncomeNet PP&EIDR 381.59MpropertyPlantEquipmentResult 0.67x |
| 2024 | 17.5%Physical asset ratio · 2024-12-31(Net PP&E + inventory) / total assetsNet PP&EIDR 9.65BpropertyPlantAndEquipmentNetInventoryIDR 2.66BinventoryTotal assetsIDR 70.53BtotalAssetsResult 17.5% | 1.19xFixed asset turnover · 2024-12-31Revenue / net PP&ERevenueIDR 11.50BtotalRevenueNet PP&EIDR 9.65BpropertyPlantAndEquipmentNetResult 1.19x | 5.03xCapex / D&A · 2024-12-31Capital expenditures / depreciation and amortizationCapexIDR 8.40BcapitalExpendituresD&AIDR 1.67BdepreciationAndAmortizationResult 5.03x | IDR 57.48Tangible book / share · 2024-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsIDR 70.53BtotalAssetsGoodwillIDR 0.00Not reported, treated as 0IntangiblesIDR 0.00Not reported, treated as 0LiabilitiesIDR 1.56BtotalLiabTangible bookIDR 68.98BShares1,200,000,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result IDR 57.48 | —Fixed-charge coverage · 2024-12-31(EBITDA − capex) / (interest + short-term debt)EBITDAIDR 1.73BebitdaCapexIDR 8.40BcapitalExpendituresInterest—Not reportedShort-term debtIDR 0.00shortTermDebtEBITDA − capex-IDR 6.67BPrincipal due is short-term debt.Result — | -IDR 8.84BFree cash flow · 2024-12-31Reported free cash flowOperating cash flow-IDR 438.91MtotalCashFromOperatingActivitiesCapexIDR 8.40BcapitalExpendituresFree cash flow-IDR 8.84BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -IDR 8.84B | —ROIC · 2024-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeIDR 60.72MoperatingIncomeTax expenseIDR 0.00taxProvisionPretax incomeIDR 120.08MincomeBeforeTaxTax rate0.0%EquityIDR 68.98BtotalStockholderEquityDebt—Not reportedCashIDR 10.69BcashAndShortTermInvestmentsInvested capital—Result — | 0.01xEBIT / PP&E · 2024-12-31Operating income / net PP&EOperating incomeIDR 60.72MoperatingIncomeNet PP&EIDR 9.65BpropertyPlantAndEquipmentNetResult 0.01x |
| 2025 | 20.0%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&EIDR 8.34BpropertyPlantAndEquipmentNetInventoryIDR 6.23BinventoryTotal assetsIDR 72.92BtotalAssetsResult 20.0% | 1.88xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenueIDR 15.64BtotalRevenueNet PP&EIDR 8.34BpropertyPlantAndEquipmentNetResult 1.88x | 0.00xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapexIDR 0.00capitalExpendituresD&AIDR 1.91BdepreciationAndAmortizationResult 0.00x | IDR 60.04Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsIDR 72.92BtotalAssetsGoodwillIDR 0.00Not reported, treated as 0IntangiblesIDR 0.00Not reported, treated as 0LiabilitiesIDR 868.86MtotalLiabTangible bookIDR 72.05BShares1,200,000,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result IDR 60.04 | —Fixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDAIDR 1.41BebitdaCapexIDR 0.00capitalExpendituresInterest—Not reportedShort-term debt—Not reportedEBITDA − capexIDR 1.41BResult — | -IDR 5.05BFree cash flow · 2025-12-31Reported free cash flowOperating cash flow-IDR 5.05BtotalCashFromOperatingActivitiesCapexIDR 0.00capitalExpendituresFree cash flow-IDR 5.05BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -IDR 5.05B | —ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-IDR 498.98MoperatingIncomeTax expense—Not reportedPretax income-IDR 457.27MincomeBeforeTaxTax rate—EquityIDR 72.05BtotalStockholderEquityDebt—Not reportedCashIDR 6.67BcashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -0.06xEBIT / PP&E · 2025-12-31Operating income / net PP&EOperating income-IDR 498.98MoperatingIncomeNet PP&EIDR 8.34BpropertyPlantAndEquipmentNetResult -0.06x |
Latest year inputs (2025)
Net PP&E: IDR 8.34B
Inventory: IDR 6.23B
Total assets: IDR 72.92B
Goodwill: IDR 0.00
Intangibles: IDR 0.00
Liabilities: IDR 868.86M
Tangible book: IDR 72.05B
Shares: 1,200,000,000
Revenue: IDR 15.64B
Capex: IDR 0.00
D&A: IDR 1.91B
EBITDA: IDR 1.41B
Interest: —
Short-term debt: —
Free cash flow: -IDR 5.05B
Operating income: -IDR 498.98M
Invested capital: —
Tax rate: —