PT Ashmore Asset Management Indonesia TbkISX:AMOR 59 ROC (Joel Greenblatt) % is 703.82% as of Mar. 2026, which is 15% below its 10-year median of 825.13. GuruFocus rates ISX:AMOR with a GF Score™ of 59/100 and a GF Value™ of Rp659.72 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 628 Asset Management companies, PT Ashmore Asset Management Indonesia Tbk ranks better than 79.3% 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 Ashmore Asset Management Indonesia Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 703.82%.
ISX:AMOR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 665.6 Med: 825.13 Max: 2411.78
Current: 707.11
During the past 6 years, PT Ashmore Asset Management Indonesia Tbk's highest ROC (Joel Greenblatt) % was 2411.78%. The lowest was 665.60%. And the median was 825.13%.
ISX:AMOR's ROC (Joel Greenblatt) % is ranked better than 79.3% of 628
companies
in the Asset Management industry
Industry Median: 64.34
vs ISX:AMOR: 707.11
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.
* 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.
ISX:AMOR vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, PT Ashmore Asset Management Indonesia 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 Ashmore Asset Management Indonesia Tbk ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PT Ashmore Asset Management Indonesia Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Ashmore Asset Management Indonesia 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 703.82% mean?
PT Ashmore Asset Management Indonesia Tbk (ISX:AMOR) has a ROC (Joel Greenblatt) % of 703.82% 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 Ashmore Asset Management Indonesia Tbk and its competitors. This is 15% below median its historical median of 825.13. Over the past decade, PT Ashmore Asset Management Indonesia Tbk's ROC (Joel Greenblatt) % has ranged from 665.60 to 2,411.78. According to the industry distribution chart, PT Ashmore Asset Management Indonesia Tbk ranks #130 out of 628 companies in the Asset Management industry, placing it in the top 20.7%.
Is PT Ashmore Asset Management Indonesia Tbk's ROC (Joel Greenblatt) % too high?
PT Ashmore Asset Management Indonesia Tbk's current ROC (Joel Greenblatt) % of 703.82% is 15% below median its 10-year median of 825.13. Over the past 10 years, this metric has ranged from a low of 665.60 to a high of 2,411.78. The Asset Management industry median ROC (Joel Greenblatt) % is 64.34. PT Ashmore Asset Management Indonesia Tbk's value of 703.82% is 993.9% above this industry median. Based on the distribution chart, PT Ashmore Asset Management Indonesia Tbk ranks #130 out of 628 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, PT Ashmore Asset Management Indonesia Tbk has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Ashmore Asset Management Indonesia Tbk's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, PT Ashmore Asset Management Indonesia Tbk ranks #130 out of 628 companies for ROC (Joel Greenblatt) %. This places PT Ashmore Asset Management Indonesia Tbk in the top 21% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 64.34. PT Ashmore Asset Management Indonesia Tbk's value of 703.82% is 993.9% above this benchmark. Historically, PT Ashmore Asset Management Indonesia Tbk's own ROC (Joel Greenblatt) % has ranged from 665.60 to 2,411.78 over the past decade. While the company's 10-year median is 825.13 vs. the industry median of 64.34, PT Ashmore Asset Management Indonesia 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 Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 64.34, based on 628 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 Ashmore Asset Management Indonesia Tbk's current ROC (Joel Greenblatt) % of 703.82% is 993.9% 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 Ashmore Asset Management Indonesia Tbk and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 64.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Ashmore Asset Management Indonesia Tbk's current ROC (Joel Greenblatt) % is 703.82%, which is 15% below median its own 10-year median of 825.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Ashmore Asset Management Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Ashmore Asset Management Indonesia Tbk (ISX:AMOR) is currently considered Possible Value Trap. The stock's GF Value™ is Rp659.72, compared to a current price of Rp324.00 — trading 50.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 703.82%, which is 15% below median its 10-year median of 825.13 and 993.9% above the Asset Management industry median of 64.34. PT Ashmore Asset Management Indonesia Tbk's overall GF Score™ is 59/100 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 Ashmore Asset Management Indonesia Tbk (ISX:AMOR), the current ROC (Joel Greenblatt) % is 703.82% 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 Ashmore Asset Management Indonesia Tbk (ISX:AMOR) Overvalued in 2026?
Based on GuruFocus' analysis, PT Ashmore Asset Management Indonesia Tbk stock appears to be undervalued.
The current stock price of Rp324.00 is trading 50.9% below its estimated GF Value™ of Rp659.72.
GuruFocus considers PT Ashmore Asset Management Indonesia Tbk to be Possible Value Trap.
Key valuation signals for ISX:AMOR:
ROC (Joel Greenblatt) %: 703.82% (15% below median its 10-year median of 825.13)
GF Value™: Rp659.72 vs. price of Rp324.00 (50.9% below fair value)
Industry Position: 993.9% above the Asset Management median (#130 of 628)
No single metric tells the full story. See the ISX:AMOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Ashmore Asset Management Indonesia Tbk Business Description
PT Ashmore Asset Management Indonesia Tbk is an investment management company. It focuses on a number of investment themes which includes External Debt, Local Currency, Corporate Debt, Equities, and Alternatives. It engages in the investment management service business, particularly in equity funds, bond mutual funds, mixed mutual funds, and money market funds sold to retail and institutional investors.
59GF Score
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