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PT Berau Coal Energy TbkFRA:9BC ROC (Joel Greenblatt) % is 148.80% as of Dec. 2022, which is 870% above its 10-year median of 15.34. The stock has 3 warning signs investors should review.
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 Berau Coal Energy Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 148.80%.
The historical rank and industry rank for PT Berau Coal Energy Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:9BC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -36.56 Med: 15.34 Max: 148.8
Current: 148.8
During the past 12 years, PT Berau Coal Energy Tbk's highest ROC (Joel Greenblatt) % was 148.80%. The lowest was -36.56%. And the median was 15.34%.
FRA:9BC's ROC (Joel Greenblatt) % is not ranked
in the Other Energy Sources industry.
Industry Median: 2.13
vs FRA:9BC: 148.80
PT Berau Coal Energy Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
PT Berau Coal Energy Tbk ROC (Joel Greenblatt) % Related Terms
PT Berau Coal Energy Tbk ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for PT Berau Coal Energy Tbk's ROC (Joel Greenblatt) % 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 Berau Coal Energy Tbk ROC (Joel Greenblatt) % Chart
FRA:9BC vs METC, HNRG: ROC (Joel Greenblatt) % Comparison
For the Thermal Coal subindustry, PT Berau Coal Energy 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 Berau Coal Energy Tbk ROC (Joel Greenblatt) % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Berau Coal Energy Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Berau Coal Energy Tbk's ROC (Joel Greenblatt) % falls into.
PT Berau Coal Energy Tbk ROC (Joel Greenblatt) % Calculation
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 one times the annual (Dec. 2022) 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 148.80% mean?
PT Berau Coal Energy Tbk (FRA:9BC) has a ROC (Joel Greenblatt) % of 148.80% as of Dec. 2022. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on PT Berau Coal Energy Tbk and its competitors. This is 870% above median its historical median of 15.34.
Is PT Berau Coal Energy Tbk's ROC (Joel Greenblatt) % too high?
PT Berau Coal Energy Tbk's current ROC (Joel Greenblatt) % of 148.80% is 870% above median its 10-year median of 15.34. The Other Energy Sources industry median ROC (Joel Greenblatt) % is 2.13. PT Berau Coal Energy Tbk's value of 148.80% is 6885.9% above this industry median.
How does PT Berau Coal Energy Tbk's ROC (Joel Greenblatt) % compare to METC and HNRG?
PT Berau Coal Energy Tbk's ROC (Joel Greenblatt) % of 148.80% can be compared against companies in the Other Energy Sources industry. The industry median ROC (Joel Greenblatt) % is 2.13. PT Berau Coal Energy Tbk's value of 148.80% is 6885.9% above this benchmark. While the company's 10-year median is 15.34 vs. the industry median of 2.13, PT Berau Coal Energy 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 Berau Coal Energy Tbk's current ROC (Joel Greenblatt) % of 148.80% is 6885.9% 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 Berau Coal Energy 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 Berau Coal Energy Tbk's current ROC (Joel Greenblatt) % is 148.80%, which is 870% above median its own 10-year median of 15.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Berau Coal Energy Tbk stock overvalued right now?
PT Berau Coal Energy Tbk (FRA:9BC) has a current ROC (Joel Greenblatt) % of 148.80%. The current ROC (Joel Greenblatt) % is 148.80%, which is 870% above median its 10-year median of 15.34 and 6885.9% above the Other Energy Sources industry median of 2.13. 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 Berau Coal Energy Tbk (FRA:9BC), the current ROC (Joel Greenblatt) % is 148.80% as of Dec. 2022. 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 Berau Coal Energy Tbk functions as a holding company. It is mainly involved in trading, mining, plantation, construction, real estate, agriculture, printing, industry, transportation, and services. The company, through its subsidiary, engaged in coal mining. It has an interest in three open cut mining operations; Lati, Binungan, and Sambarata. The firm supplies coal to customers in Indonesia, China, Hong Kong, India, Japan, South Korea, Taiwan, the Philippines, and Thailand. Its customers are mainly utility companies and coal trading companies.
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