PT Indo Tambangraya Megah TbkFRA:3IB +12.38%80 ROC (Joel Greenblatt) % is 39.57% as of Mar. 2026, which is 63% below its 10-year median of 106.73. GuruFocus rates FRA:3IB with a GF Score™ of 80/100 and a GF Value™ of €1.17 (Fairly Valued). The stock has 4 warning signs investors should review. Among 182 Other Energy Sources companies, PT Indo Tambangraya Megah Tbk ranks better than 88.46% on this metric.
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 Indo Tambangraya Megah Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 39.57%.
The historical rank and industry rank for PT Indo Tambangraya Megah Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:3IB'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 28.41 Med: 106.73 Max: 856.96
Current: 39.15
During the past 13 years, PT Indo Tambangraya Megah Tbk's highest ROC (Joel Greenblatt) % was 856.96%. The lowest was 28.41%. And the median was 106.73%.
FRA:3IB's ROC (Joel Greenblatt) % is ranked better than 88.46% of 182
companies
in the Other Energy Sources industry
Industry Median: 2.13
vs FRA:3IB: 39.15
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.
For the Thermal Coal subindustry, PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk ROC (Joel Greenblatt) % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Indo Tambangraya Megah Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Indo Tambangraya Megah 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 39.57% mean?
PT Indo Tambangraya Megah Tbk (FRA:3IB) has a ROC (Joel Greenblatt) % of 39.57% 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 Indo Tambangraya Megah Tbk and its competitors. This is 63% below median its historical median of 106.73. Over the past decade, PT Indo Tambangraya Megah Tbk's ROC (Joel Greenblatt) % has ranged from 28.41 to 856.96. According to the industry distribution chart, PT Indo Tambangraya Megah Tbk ranks #21 out of 182 companies in the Other Energy Sources industry, placing it in the top 11.5%.
Is PT Indo Tambangraya Megah Tbk's ROC (Joel Greenblatt) % too high?
PT Indo Tambangraya Megah Tbk's current ROC (Joel Greenblatt) % of 39.57% is 63% below median its 10-year median of 106.73. Over the past 10 years, this metric has ranged from a low of 28.41 to a high of 856.96. The Other Energy Sources industry median ROC (Joel Greenblatt) % is 2.13. PT Indo Tambangraya Megah Tbk's value of 39.57% is 1757.7% above this industry median. Based on the distribution chart, PT Indo Tambangraya Megah Tbk ranks #21 out of 182 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, PT Indo Tambangraya Megah Tbk has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indo Tambangraya Megah Tbk's ROC (Joel Greenblatt) % compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Indo Tambangraya Megah Tbk ranks #21 out of 182 companies for ROC (Joel Greenblatt) %. This places PT Indo Tambangraya Megah Tbk in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 2.13. PT Indo Tambangraya Megah Tbk's value of 39.57% is 1757.7% above this benchmark. Historically, PT Indo Tambangraya Megah Tbk's own ROC (Joel Greenblatt) % has ranged from 28.41 to 856.96 over the past decade. While the company's 10-year median is 106.73 vs. the industry median of 2.13, PT Indo Tambangraya Megah 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 an Other Energy Sources company?
The median ROC (Joel Greenblatt) % among Other Energy Sources companies is 2.13, based on 182 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 Indo Tambangraya Megah Tbk's current ROC (Joel Greenblatt) % of 39.57% is 1757.7% 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 Indo Tambangraya Megah Tbk and its competitors. For the Other Energy Sources industry, the median ROC (Joel Greenblatt) % is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indo Tambangraya Megah Tbk's current ROC (Joel Greenblatt) % is 39.57%, which is 63% below median its own 10-year median of 106.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo Tambangraya Megah Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo Tambangraya Megah Tbk (FRA:3IB) is currently considered Fairly Valued. The stock's GF Value™ is €1.17, compared to a current price of €1.18 — trading 0.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 39.57%, which is 63% below median its 10-year median of 106.73 and 1757.7% above the Other Energy Sources industry median of 2.13. PT Indo Tambangraya Megah Tbk's overall GF Score™ is 80/100 with 4 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 Indo Tambangraya Megah Tbk (FRA:3IB), the current ROC (Joel Greenblatt) % is 39.57% 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 Indo Tambangraya Megah Tbk (FRA:3IB) Overvalued in 2026?
Based on GuruFocus' analysis, PT Indo Tambangraya Megah Tbk stock appears to be overvalued.
The current stock price of €1.18 is trading 0.9% above its estimated GF Value™ of €1.17.
GuruFocus considers PT Indo Tambangraya Megah Tbk to be Fairly Valued.
Key valuation signals for FRA:3IB:
ROC (Joel Greenblatt) %: 39.57% (63% below median its 10-year median of 106.73)
GF Value™: €1.17 vs. price of €1.18 (0.9% above fair value)
Industry Position: 1757.7% above the Other Energy Sources median (#21 of 182)
No single metric tells the full story. See the FRA:3IB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Indo Tambangraya Megah Tbk Business Description
AddressJalan Sultan Iskandar Muda, Pondok Indah Office Tower III, 3rd Floor, Kav V-TA, Pondok Pinang, Kebayoran Lama, Jakarta Selatan, Jakarta, IDN, 12310
PT Indo Tambangraya Megah Tbk is an Indonesian-based coal mining company. It produces and supplies thermal coal with relatively low ash and sulfur content from its mines located in East, South, and Central Kalimantan. Its coal is generally used for coal-fired power plants in both domestic and international markets. Additionally, the Group is focused on advancing portfolio diversification through the development of renewable energy and other strategic investments. Its operating segments are: IMM, TCM, JBG, BEK, GPK, TIS, Others-Coal, The company, and Others. Maximum revenue is generated from the BEK segment. Geographically, the Group generates maximum revenue from China, and the rest from Japan, Indonesia, India, the Philippines, Taiwan, and other markets.
80GF Score
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