PT Bumi Resources TbkFRA:PJM 62 ROC (Joel Greenblatt) % is 12.49% as of Mar. 2026, which is 17% below its 10-year median of 15.06. GuruFocus rates FRA:PJM with a GF Score™ of 62/100 and a GF Value™ of €0.01 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 182 Other Energy Sources companies, PT Bumi Resources Tbk ranks better than 68.13% 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 Bumi Resources Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.49%.
The historical rank and industry rank for PT Bumi Resources Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:PJM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.94 Med: 15.06 Max: 44.19
Current: 11.43
During the past 13 years, PT Bumi Resources Tbk's highest ROC (Joel Greenblatt) % was 44.19%. The lowest was -5.94%. And the median was 15.06%.
FRA:PJM's ROC (Joel Greenblatt) % is ranked better than 68.13% of 182
companies
in the Other Energy Sources industry
Industry Median: 2.13
vs FRA:PJM: 11.43
PT Bumi Resources Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
PT Bumi Resources Tbk (FRA:PJM) ROC (Joel Greenblatt) % Explanation
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 Bumi Resources Tbk ROC (Joel Greenblatt) % Related Terms
PT Bumi Resources Tbk ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for PT Bumi Resources 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 Bumi Resources Tbk ROC (Joel Greenblatt) % Chart
PT Bumi Resources Tbk ROC (Joel Greenblatt) % Competitor Comparison
For the Thermal Coal subindustry, PT Bumi Resources 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 Bumi Resources Tbk ROC (Joel Greenblatt) % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Bumi Resources Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Bumi Resources Tbk's ROC (Joel Greenblatt) % falls into.
PT Bumi Resources 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 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 12.49% mean?
PT Bumi Resources Tbk (FRA:PJM) has a ROC (Joel Greenblatt) % of 12.49% 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 Bumi Resources Tbk and its competitors. This is 17% below median its historical median of 15.06. According to the industry distribution chart, PT Bumi Resources Tbk ranks #58 out of 182 companies in the Other Energy Sources industry, placing it in the top 31.9%.
Is PT Bumi Resources Tbk's ROC (Joel Greenblatt) % too high?
PT Bumi Resources Tbk's current ROC (Joel Greenblatt) % of 12.49% is 17% below median its 10-year median of 15.06. The Other Energy Sources industry median ROC (Joel Greenblatt) % is 2.13. PT Bumi Resources Tbk's value of 12.49% is 486.4% above this industry median. Based on the distribution chart, PT Bumi Resources Tbk ranks #58 out of 182 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, PT Bumi Resources Tbk has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Bumi Resources Tbk's ROC (Joel Greenblatt) % compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Bumi Resources Tbk ranks #58 out of 182 companies for ROC (Joel Greenblatt) %. This puts PT Bumi Resources Tbk in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 2.13. PT Bumi Resources Tbk's value of 12.49% is 486.4% above this benchmark. While the company's 10-year median is 15.06 vs. the industry median of 2.13, PT Bumi Resources 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 Bumi Resources Tbk's current ROC (Joel Greenblatt) % of 12.49% is 486.4% 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 Bumi Resources 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 Bumi Resources Tbk's current ROC (Joel Greenblatt) % is 12.49%, which is 17% below median its own 10-year median of 15.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bumi Resources Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bumi Resources Tbk (FRA:PJM) is currently considered Possible Value Trap. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 45% below its estimated fair value. The current ROC (Joel Greenblatt) % is 12.49%, which is 17% below median its 10-year median of 15.06 and 486.4% above the Other Energy Sources industry median of 2.13. PT Bumi Resources Tbk's overall GF Score™ is 62/100 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 Bumi Resources Tbk (FRA:PJM), the current ROC (Joel Greenblatt) % is 12.49% 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 Bumi Resources Tbk (FRA:PJM) Overvalued in 2026?
Based on GuruFocus' analysis, PT Bumi Resources Tbk stock appears to be undervalued.
The current stock price of €0.01 is trading 45% below its estimated GF Value™ of €0.01.
GuruFocus considers PT Bumi Resources Tbk to be Possible Value Trap.
Key valuation signals for FRA:PJM:
ROC (Joel Greenblatt) %: 12.49% (17% below median its 10-year median of 15.06)
GF Value™: €0.01 vs. price of €0.01 (45% below fair value)
Industry Position: 486.4% above the Other Energy Sources median (#58 of 182)
No single metric tells the full story. See the FRA:PJM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Bumi Resources Tbk is an Indonesia-based holding company engaged in coal mining. The company's main business segments are holding companies, coal, and minerals. The Holding Company segment includes the company and other holding companies. The Coal segment is engaged in coal mining activities, comprising exploration and exploitation of coal deposits. The Minerals segment includes the activity of gold and silver is under exploration stage. The Coal segment is responsible for generating the majority of the revenue.
62GF Score
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