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PT Pacific Strategic Financial Tbk (ISX:APIC) ROC (Joel Greenblatt) % : 68.12% (As of Sep. 2024)


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What is PT Pacific Strategic Financial Tbk ROC (Joel Greenblatt) %?

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 Pacific Strategic Financial Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 68.12%.

The historical rank and industry rank for PT Pacific Strategic Financial Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:

ISX:APIC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 49.45   Med: 79.23   Max: 376.54
Current: 133.39

During the past 13 years, PT Pacific Strategic Financial Tbk's highest ROC (Joel Greenblatt) % was 376.54%. The lowest was 49.45%. And the median was 79.23%.

ISX:APIC's ROC (Joel Greenblatt) % is ranked better than
63.33% of 60 companies
in the Insurance industry
Industry Median: 67.655 vs ISX:APIC: 133.39

PT Pacific Strategic Financial Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 44.20% per year.


PT Pacific Strategic Financial Tbk ROC (Joel Greenblatt) % Historical Data

The historical data trend for PT Pacific Strategic Financial 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.

* Premium members only.

PT Pacific Strategic Financial Tbk ROC (Joel Greenblatt) % Chart

PT Pacific Strategic Financial Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.82 101.15 187.37 376.54 235.08

PT Pacific Strategic Financial Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 110.81 109.88 379.90 125.06 68.12

Competitive Comparison of PT Pacific Strategic Financial Tbk's ROC (Joel Greenblatt) %

For the Insurance - Life subindustry, PT Pacific Strategic Financial 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 Pacific Strategic Financial Tbk's ROC (Joel Greenblatt) % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PT Pacific Strategic Financial Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PT Pacific Strategic Financial Tbk's ROC (Joel Greenblatt) % falls into.


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PT Pacific Strategic Financial 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: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(452362.308 + 0 + 175929.093) - (237588.251 + 0 + 2652.6459999999)
=388050.504

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(758850.705 + 0 + 211581.226) - (597864.387 + 0 + 6795.9779999999)
=365771.566

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Pacific Strategic Financial Tbk for the quarter that ended in Sep. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=279069.992/( ( (33058.421 + max(388050.504, 0)) + (32444.102 + max(365771.566, 0)) )/ 2 )
=279069.992/( ( 421108.925 + 398215.668 )/ 2 )
=279069.992/409662.2965
=68.12 %

Note: The EBIT data used here is four times the quarterly (Sep. 2024) 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.


PT Pacific Strategic Financial Tbk  (ISX:APIC) 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 Pacific Strategic Financial Tbk ROC (Joel Greenblatt) % Related Terms

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PT Pacific Strategic Financial Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jlalan Jend. Gatot Subroto No. 38, Menara (Utara) Lt. 12A, Jakarta Selatan, IDN, 12710
PT Pacific Strategic Financial Tbk is an Indonesian company that carries activities as an investment company and engages in capital investment through its subsidiaries. It runs its business in the field of investment on securities trading, investment managers, and financial management, as well as other financing institutions. The services provided by the company through its subsidiaries include investment management services for mutual funds and other investments; financial management services as well as venture capital and consumer financing; and conventional and sharia life insurance services.

PT Pacific Strategic Financial Tbk Headlines

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