Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
PT ABM Investama TbkISX:ABMM +3.02%70 ROC (Joel Greenblatt) % is 12.73% as of Mar. 2026, which is 40% below its 10-year median of 21.25. GuruFocus rates ISX:ABMM with a GF Score™ of 70/100 and a GF Value™ of Rp2,692.66 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 182 Other Energy Sources companies, PT ABM Investama Tbk ranks better than 71.43% 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 ABM Investama Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.73%.
The historical rank and industry rank for PT ABM Investama Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:ABMM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.53 Med: 21.25 Max: 82
Current: 15.19
During the past 13 years, PT ABM Investama Tbk's highest ROC (Joel Greenblatt) % was 82.00%. The lowest was 4.53%. And the median was 21.25%.
ISX:ABMM's ROC (Joel Greenblatt) % is ranked better than 71.43% of 182
companies
in the Other Energy Sources industry
Industry Median: 2.13
vs ISX:ABMM: 15.19
PT ABM Investama Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.50% 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 ABM Investama Tbk ROC (Joel Greenblatt) % Related Terms
PT ABM Investama Tbk ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for PT ABM Investama 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.
For the Thermal Coal subindustry, PT ABM Investama 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 ABM Investama Tbk ROC (Joel Greenblatt) % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT ABM Investama Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT ABM Investama 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 12.73% mean?
PT ABM Investama Tbk (ISX:ABMM) has a ROC (Joel Greenblatt) % of 12.73% 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 ABM Investama Tbk and its competitors. This is 40% below median its historical median of 21.25. Over the past decade, PT ABM Investama Tbk's ROC (Joel Greenblatt) % has ranged from 4.53 to 82.00. According to the industry distribution chart, PT ABM Investama Tbk ranks #52 out of 182 companies in the Other Energy Sources industry, placing it in the top 28.6%.
Is PT ABM Investama Tbk's ROC (Joel Greenblatt) % too high?
PT ABM Investama Tbk's current ROC (Joel Greenblatt) % of 12.73% is 40% below median its 10-year median of 21.25. Over the past 10 years, this metric has ranged from a low of 4.53 to a high of 82.00. The Other Energy Sources industry median ROC (Joel Greenblatt) % is 2.13. PT ABM Investama Tbk's value of 12.73% is 497.7% above this industry median. Based on the distribution chart, PT ABM Investama Tbk ranks #52 out of 182 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, PT ABM Investama Tbk has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT ABM Investama Tbk's ROC (Joel Greenblatt) % compare to competitors?
According to the Other Energy Sources industry distribution chart, PT ABM Investama Tbk ranks #52 out of 182 companies for ROC (Joel Greenblatt) %. This puts PT ABM Investama Tbk in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 2.13. PT ABM Investama Tbk's value of 12.73% is 497.7% above this benchmark. Historically, PT ABM Investama Tbk's own ROC (Joel Greenblatt) % has ranged from 4.53 to 82.00 over the past decade. While the company's 10-year median is 21.25 vs. the industry median of 2.13, PT ABM Investama 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 ABM Investama Tbk's current ROC (Joel Greenblatt) % of 12.73% is 497.7% 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 ABM Investama 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 ABM Investama Tbk's current ROC (Joel Greenblatt) % is 12.73%, which is 40% below median its own 10-year median of 21.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT ABM Investama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT ABM Investama Tbk (ISX:ABMM) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp2,692.66, compared to a current price of Rp2,390.00 — trading 11.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 12.73%, which is 40% below median its 10-year median of 21.25 and 497.7% above the Other Energy Sources industry median of 2.13. PT ABM Investama Tbk's overall GF Score™ is 70/100 with 7 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 ABM Investama Tbk (ISX:ABMM), the current ROC (Joel Greenblatt) % is 12.73% 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 ABM Investama Tbk (ISX:ABMM) Overvalued in 2026?
Based on GuruFocus' analysis, PT ABM Investama Tbk stock appears to be undervalued.
The current stock price of Rp2,390.00 is trading 11.2% below its estimated GF Value™ of Rp2,692.66.
GuruFocus considers PT ABM Investama Tbk to be Modestly Undervalued.
Key valuation signals for ISX:ABMM:
ROC (Joel Greenblatt) %: 12.73% (40% below median its 10-year median of 21.25)
GF Value™: Rp2,692.66 vs. price of Rp2,390.00 (11.2% below fair value)
Industry Position: 497.7% above the Other Energy Sources median (#52 of 182)
No single metric tells the full story. See the ISX:ABMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT ABM Investama Tbk is an Indonesia-based investment holding company managing a portfolio of business entities. The Company operates through two main sectors: Mining Value Chain (MVC) and Logistics, Engineering & New Businesses (LENB). Its integrated operations include mining concessions, mining contracting services, fuel management, coal shipping, logistics, industrial engineering, and renewable energy-related businesses. It operates through four segments: mining contractor and coal mining, which generate the majority of revenue and include mining solutions, engineering and project management, and coal mining; services, covering logistics and heavy equipment maintenance for the mining industry; fabrication; and others.
70GF Score
Get the complete analysis for ISX:ABMM
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:ABMM has been successfully added to your 
