PT Argha Karya Prima Industry Tbk (ISX:AKPI) ROC (Joel Greenblatt) %: 4.85% (As of Mar. 2026) — 12% Below Median

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ISX:AKPI PT Argha Karya Prima Industry Tbk ISX:AKPI
58 GF Score
Price Rp494.00
GF Value Rp614.28
Valuation Modestly Undervalued
! 7 Warning Signs
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What is PT Argha Karya Prima Industry Tbk ROC (Joel Greenblatt) %?

PT Argha Karya Prima Industry Tbk ISX:AKPI 58 ROC (Joel Greenblatt) % is 4.85% as of Mar. 2026, which is 12% below its 10-year median of 5.51. GuruFocus rates ISX:AKPI with a GF Score™ of 58/100 and a GF Value™ of Rp614.28 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 402 Packaging & Containers companies, PT Argha Karya Prima Industry Tbk ranks worse than 70.65% 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 Argha Karya Prima Industry Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.85%.

The historical rank and industry rank for PT Argha Karya Prima Industry Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:

ISX:AKPI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.07   Med: 5.51   Max: 12.18
Current: 3.75

During the past 13 years, PT Argha Karya Prima Industry Tbk's highest ROC (Joel Greenblatt) % was 12.18%. The lowest was 1.07%. And the median was 5.51%.

ISX:AKPI's ROC (Joel Greenblatt) % is ranked worse than
70.65% of 402 companies
in the Packaging & Containers industry
Industry Median: 8.93 vs ISX:AKPI: 3.75

PT Argha Karya Prima Industry Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -19.10% per year.


PT Argha Karya Prima Industry Tbk  (ISX:AKPI) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


PT Argha Karya Prima Industry Tbk ROC (Joel Greenblatt) % Related Terms


PT Argha Karya Prima Industry Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT Argha Karya Prima Industry 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 Argha Karya Prima Industry Tbk ROC (Joel Greenblatt) % Chart

PT Argha Karya Prima Industry Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.41 12.18 1.07 4.01 3.33

PT Argha Karya Prima Industry Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.19 0.66 4.83 4.52 4.85

ISX:AKPI vs SW, PKG, IP: ROC (Joel Greenblatt) % Comparison

For the Packaging & Containers subindustry, PT Argha Karya Prima Industry 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 Argha Karya Prima Industry Tbk ROC (Joel Greenblatt) % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Argha Karya Prima Industry Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PT Argha Karya Prima Industry Tbk's ROC (Joel Greenblatt) % falls into.


ISX:AKPI
58GF Score
PT Argha Karya Prima Industry Tbk ISX:AKPI
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Argha Karya Prima Industry 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(638631.617 + 388937.13 + 181582.041) - (216428.244 + 0 + 32675.451)
=960047.093

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(694012.57 + 378226.325 + 268181.759) - (288377.415 + 0 + 40011.069)
=1012032.17

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Argha Karya Prima Industry Tbk for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=152532.708/( ( (2142130.9 + max(960047.093, 0)) + (2177467.479 + max(1012032.17, 0)) )/ 2 )
=152532.708/( ( 3102177.993 + 3189499.649 )/ 2 )
=152532.708/3145838.821
=4.85 %

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 4.85% mean?
PT Argha Karya Prima Industry Tbk (ISX:AKPI) has a ROC (Joel Greenblatt) % of 4.85% 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 Argha Karya Prima Industry Tbk and its competitors. This is 12% below median its historical median of 5.51. Over the past decade, PT Argha Karya Prima Industry Tbk's ROC (Joel Greenblatt) % has ranged from 1.07 to 12.18. According to the industry distribution chart, PT Argha Karya Prima Industry Tbk ranks #284 out of 402 companies in the Packaging & Containers industry, placing it in the top 70.6%.
Is PT Argha Karya Prima Industry Tbk's ROC (Joel Greenblatt) % too high?
PT Argha Karya Prima Industry Tbk's current ROC (Joel Greenblatt) % of 4.85% is 12% below median its 10-year median of 5.51. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 12.18. The Packaging & Containers industry median ROC (Joel Greenblatt) % is 8.93. PT Argha Karya Prima Industry Tbk's value of 4.85% is 45.7% below this industry median. Based on the distribution chart, PT Argha Karya Prima Industry Tbk ranks #284 out of 402 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, PT Argha Karya Prima Industry Tbk has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Argha Karya Prima Industry Tbk's ROC (Joel Greenblatt) % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, PT Argha Karya Prima Industry Tbk ranks #284 out of 402 companies for ROC (Joel Greenblatt) %. This places PT Argha Karya Prima Industry Tbk in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.93. PT Argha Karya Prima Industry Tbk's value of 4.85% is 45.7% below this benchmark. Historically, PT Argha Karya Prima Industry Tbk's own ROC (Joel Greenblatt) % has ranged from 1.07 to 12.18 over the past decade. While the company's 10-year median is 5.51 vs. the industry median of 8.93, PT Argha Karya Prima Industry Tbk has consistently been below 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 Packaging & Containers company?
The median ROC (Joel Greenblatt) % among Packaging & Containers companies is 8.93, based on 402 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 Argha Karya Prima Industry Tbk's current ROC (Joel Greenblatt) % of 4.85% is 45.7% below 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 Argha Karya Prima Industry Tbk and its competitors. For the Packaging & Containers industry, the median ROC (Joel Greenblatt) % is 8.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Argha Karya Prima Industry Tbk's current ROC (Joel Greenblatt) % is 4.85%, which is 12% below median its own 10-year median of 5.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Argha Karya Prima Industry Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Argha Karya Prima Industry Tbk (ISX:AKPI) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp614.28, compared to a current price of Rp494.00 — trading 19.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 4.85%, which is 12% below median its 10-year median of 5.51 and 45.7% below the Packaging & Containers industry median of 8.93. PT Argha Karya Prima Industry Tbk's overall GF Score™ is 58/100 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 Argha Karya Prima Industry Tbk (ISX:AKPI), the current ROC (Joel Greenblatt) % is 4.85% 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 Argha Karya Prima Industry Tbk (ISX:AKPI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Argha Karya Prima Industry Tbk stock appears to be undervalued. The current stock price of Rp494.00 is trading 19.6% below its estimated GF Value™ of Rp614.28. GuruFocus considers PT Argha Karya Prima Industry Tbk to be Modestly Undervalued.

Key valuation signals for ISX:AKPI:

  • ROC (Joel Greenblatt) %: 4.85% (12% below median its 10-year median of 5.51)
  • GF Value™: Rp614.28 vs. price of Rp494.00 (19.6% below fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 45.7% below the Packaging & Containers median (#284 of 402)

No single metric tells the full story. See the ISX:AKPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Argha Karya Prima Industry Tbk Business Description

Address Jl. Jend Sudirman Kav. 52-53, Kelurahan Senayan, Kecamatan Kebayoran Baru, Prosperity Tower, Floor 51, District 8, SCBD Lot. 28, Jakarta Selatan, Jakarta, IDN, 12190
PT Argha Karya Prima Industry Tbk is engaged in the production and distribution of flexible packaging of Biaxially Oriented Poly Propylene (BOPP) film and Polyester (PET) film. It produces plastic films based on Polypropylene (PP) and Polyethylene Terephthalate (PET), which are marketed in the form of BOPP (Biaxially Oriented Polypropylene), BOPET (Biaxially Oriented Polyethylene Terephthalate), and CPP (Cast Polypropylene). The company markets its products under the trademarks ARLENE is used for BOPP products, ARETA for BOPET or polyester products, and ARCYLENE for CPP products. Its products are applied, among others, for food packaging, cigarette packaging, paper lamination, labels, as well as various other packaging needs. It operates in two segments manufacturing and distribution.
58GF Score

Get the complete analysis for ISX:AKPI

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp494.00
Price
Rp614.28
GF Value