Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. PT Mitra Pinasthika Mustika Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 101.20%.
The historical rank and industry rank for PT Mitra Pinasthika Mustika Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:3EV'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.08 Med: 24.38 Max: 87.18
Current: 78.49
During the past 13 years, PT Mitra Pinasthika Mustika Tbk's highest ROC (Joel Greenblatt) % was 87.18%. The lowest was 12.08%. And the median was 24.38%.
FRA:3EV's ROC (Joel Greenblatt) % is ranked better than 96.41% of 1336
companies
in the Vehicles & Parts industry
Industry Median: 11.97
vs FRA:3EV: 78.49
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
* 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.
FRA:3EV vs CVNA, PAG, ALTB: ROC (Joel Greenblatt) % Comparison
For the Auto & Truck Dealerships subindustry, PT Mitra Pinasthika Mustika Tbk's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 Mitra Pinasthika Mustika Tbk ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, PT Mitra Pinasthika Mustika Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Mitra Pinasthika Mustika Tbk's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.
What does a ROC (Joel Greenblatt) % of 101.20% mean?
PT Mitra Pinasthika Mustika Tbk (FRA:3EV) has a ROC (Joel Greenblatt) % of 101.20% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on PT Mitra Pinasthika Mustika Tbk and its competitors. This is 315% above median its historical median of 24.38. Over the past decade, PT Mitra Pinasthika Mustika Tbk's ROC (Joel Greenblatt) % has ranged from 12.08 to 87.18. According to the industry distribution chart, PT Mitra Pinasthika Mustika Tbk ranks #48 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 3.6%.
Is PT Mitra Pinasthika Mustika Tbk's ROC (Joel Greenblatt) % too high?
PT Mitra Pinasthika Mustika Tbk's current ROC (Joel Greenblatt) % of 101.20% is 315% above median its 10-year median of 24.38. Over the past 10 years, this metric has ranged from a low of 12.08 to a high of 87.18. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 11.97. PT Mitra Pinasthika Mustika Tbk's value of 101.20% is 745.4% above this industry median. Based on the distribution chart, PT Mitra Pinasthika Mustika Tbk ranks #48 out of 1336 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, PT Mitra Pinasthika Mustika Tbk has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does PT Mitra Pinasthika Mustika Tbk's ROC (Joel Greenblatt) % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, PT Mitra Pinasthika Mustika Tbk ranks #48 out of 1336 companies for ROC (Joel Greenblatt) %. This places PT Mitra Pinasthika Mustika Tbk in the top 4% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.97. PT Mitra Pinasthika Mustika Tbk's value of 101.20% is 745.4% above this benchmark. Historically, PT Mitra Pinasthika Mustika Tbk's own ROC (Joel Greenblatt) % has ranged from 12.08 to 87.18 over the past decade. While the company's 10-year median is 24.38 vs. the industry median of 11.97, PT Mitra Pinasthika Mustika Tbk has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 11.97, based on 1,336 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Mitra Pinasthika Mustika Tbk's current ROC (Joel Greenblatt) % of 101.20% is 745.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on PT Mitra Pinasthika Mustika Tbk and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 11.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mitra Pinasthika Mustika Tbk's current ROC (Joel Greenblatt) % is 101.20%, which is 315% above median its own 10-year median of 24.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mitra Pinasthika Mustika Tbk stock overvalued right now?
PT Mitra Pinasthika Mustika Tbk (FRA:3EV) has a current ROC (Joel Greenblatt) % of 101.20%. The stock's GF Value™ is €0.03, compared to a current price of €0.03 — trading 8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 101.20%, which is 315% above median its 10-year median of 24.38 and 745.4% above the Vehicles & Parts industry median of 11.97. PT Mitra Pinasthika Mustika Tbk's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For PT Mitra Pinasthika Mustika Tbk (FRA:3EV), the current ROC (Joel Greenblatt) % is 101.20% 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 Mitra Pinasthika Mustika Tbk (FRA:3EV) Overvalued in 2026?
Based on GuruFocus' analysis, PT Mitra Pinasthika Mustika Tbk stock appears to be undervalued.
The current stock price of €0.03 is trading 8% below its estimated GF Value™ of €0.03.
Key valuation signals for FRA:3EV:
ROC (Joel Greenblatt) %: 101.20% (315% above median its 10-year median of 24.38)
GF Value™: €0.03 vs. price of €0.03 (8% below fair value)
Industry Position: 745.4% above the Vehicles & Parts median (#48 of 1336)
No single metric tells the full story. See the FRA:3EV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Mitra Pinasthika Mustika Tbk Business Description
PT Mitra Pinasthika Mustika Tbk is engaged in the distribution and retail activities of Honda motorcycle brand, sales of two-wheeler spare parts, and used car trading. In addition, the company provides multipurpose financing services, general insurance, lease of vehicles, driver services, and auctions. The company's products and services include Distribution, Retail, and Aftermarket, including purchasing, sales and services of two-wheel vehicles and its spare parts, Insurance includes general insurance, Transportation, and Financing. The company's operating segments are: Distribution, Retail, and Aftermarket; and Insurance, of which it generates maximum revenue from Distribution, Retail, and Aftermarket segment.
73GF Score
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