PT Avia Avian TbkFRA:P2C 83 ROC (Joel Greenblatt) % is 58.80% as of Mar. 2026, which is 9% above its 10-year median of 53.93. GuruFocus rates FRA:P2C with a GF Score™ of 83/100 and a GF Value™ of €0.04. The stock has 3 warning signs investors should review. Among 1,602 Chemicals companies, PT Avia Avian Tbk ranks better than 95.32% 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 Avia Avian Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 58.80%.
The historical rank and industry rank for PT Avia Avian Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:P2C'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 41.88 Med: 53.93 Max: 65.92
Current: 52.17
During the past 8 years, PT Avia Avian Tbk's highest ROC (Joel Greenblatt) % was 65.92%. The lowest was 41.88%. And the median was 53.93%.
FRA:P2C's ROC (Joel Greenblatt) % is ranked better than 95.32% of 1602
companies
in the Chemicals industry
Industry Median: 9.385
vs FRA:P2C: 52.17
PT Avia Avian Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.20% 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 Avia Avian Tbk ROC (Joel Greenblatt) % Related Terms
PT Avia Avian Tbk ROC (Joel Greenblatt) % Historical Data
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The historical data trend for PT Avia Avian 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.
FRA:P2C vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, PT Avia Avian 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 Avia Avian Tbk ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, PT Avia Avian Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Avia Avian 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 58.80% mean?
PT Avia Avian Tbk (FRA:P2C) has a ROC (Joel Greenblatt) % of 58.80% 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 Avia Avian Tbk and its competitors. This is near median its historical median of 53.93. Over the past decade, PT Avia Avian Tbk's ROC (Joel Greenblatt) % has ranged from 41.88 to 65.92. According to the industry distribution chart, PT Avia Avian Tbk ranks #75 out of 1602 companies in the Chemicals industry, placing it in the top 4.7%.
Is PT Avia Avian Tbk's ROC (Joel Greenblatt) % too high?
PT Avia Avian Tbk's current ROC (Joel Greenblatt) % of 58.80% is near median its 10-year median of 53.93. Over the past 10 years, this metric has ranged from a low of 41.88 to a high of 65.92. The Chemicals industry median ROC (Joel Greenblatt) % is 9.39. PT Avia Avian Tbk's value of 58.80% is 526.5% above this industry median. Based on the distribution chart, PT Avia Avian Tbk ranks #75 out of 1602 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, PT Avia Avian Tbk has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does PT Avia Avian Tbk's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, PT Avia Avian Tbk ranks #75 out of 1602 companies for ROC (Joel Greenblatt) %. This places PT Avia Avian Tbk in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.39. PT Avia Avian Tbk's value of 58.80% is 526.5% above this benchmark. Historically, PT Avia Avian Tbk's own ROC (Joel Greenblatt) % has ranged from 41.88 to 65.92 over the past decade. While the company's 10-year median is 53.93 vs. the industry median of 9.39, PT Avia Avian 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.39, based on 1,602 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 Avia Avian Tbk's current ROC (Joel Greenblatt) % of 58.80% is 526.5% 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 Avia Avian Tbk and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Avia Avian Tbk's current ROC (Joel Greenblatt) % is 58.80%, which is near median its own 10-year median of 53.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Avia Avian Tbk stock overvalued right now?
PT Avia Avian Tbk (FRA:P2C) has a current ROC (Joel Greenblatt) % of 58.80%. The stock's GF Value™ is €0.04, compared to a current price of €0.02 — trading 50% below its estimated fair value. The current ROC (Joel Greenblatt) % is 58.80%, which is near median its 10-year median of 53.93 and 526.5% above the Chemicals industry median of 9.39. PT Avia Avian Tbk's overall GF Score™ is 83/100 with 3 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 Avia Avian Tbk (FRA:P2C), the current ROC (Joel Greenblatt) % is 58.80% 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 Avia Avian Tbk (FRA:P2C) Overvalued in 2026?
Based on GuruFocus' analysis, PT Avia Avian Tbk stock appears to be undervalued.
The current stock price of €0.02 is trading 50% below its estimated GF Value™ of €0.04.
Key valuation signals for FRA:P2C:
ROC (Joel Greenblatt) %: 58.80% (near median its 10-year median of 53.93)
GF Value™: €0.04 vs. price of €0.02 (50% below fair value)
Industry Position: 526.5% above the Chemicals median (#75 of 1602)
No single metric tells the full story. See the FRA:P2C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Avia Avian Tbk operates as an integrated paint manufacturing company in two business segments; Architectural Solutions, which generates the vast majority of its revenue; and Trading Goods. Architectural Solutions focuses on the production, distribution, and trade of wall paint, wood and metal paint, waterproofing paint, wood care, glue, roof paint, and instant cement products. The trading Goods segment is into distribution and sales of pipes, furniture, and supporting products.
83GF Score
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