PT Arkora Hydro Tbk (ISX:ARKO) ROC (Joel Greenblatt) %: 91.98% (As of Jun. 2026) — 79% Above Median

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ISX:ARKO PT Arkora Hydro Tbk ISX:ARKO
69 GF Score
Price Rp5,000.00
GF Value Rp1,801.91
Valuation Significantly Overvalued
! 6 Warning Signs
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What is PT Arkora Hydro Tbk ROC (Joel Greenblatt) %?

PT Arkora Hydro Tbk ISX:ARKO -3.38% 69 ROC (Joel Greenblatt) % is 91.98% as of Jun. 2026, which is 79% above its 10-year median of 51.46. GuruFocus rates ISX:ARKO with a GF Score™ of 69/100 and a GF Value™ of Rp1,801.91 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 444 Utilities - Independent Power Producers companies, PT Arkora Hydro Tbk ranks better than 92.12% 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 Arkora Hydro Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 91.98%.

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

ISX:ARKO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.91   Med: 51.46   Max: 87.98
Current: 67.38

During the past 8 years, PT Arkora Hydro Tbk's highest ROC (Joel Greenblatt) % was 87.98%. The lowest was 7.91%. And the median was 51.46%.

ISX:ARKO's ROC (Joel Greenblatt) % is ranked better than
92.12% of 444 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.125 vs ISX:ARKO: 67.38

PT Arkora Hydro Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 25.70% per year.


PT Arkora Hydro Tbk  (ISX:ARKO) 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 Arkora Hydro Tbk ROC (Joel Greenblatt) % Related Terms


PT Arkora Hydro Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT Arkora Hydro 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 Arkora Hydro Tbk ROC (Joel Greenblatt) % Chart

PT Arkora Hydro Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 79.35 87.98 64.79 38.85 64.06

PT Arkora Hydro Tbk Quarterly Data
Dec20 Nov21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 71.83 60.37 52.82 62.97 91.98

PT Arkora Hydro Tbk ROC (Joel Greenblatt) % Competitor Comparison

For the Utilities - Renewable subindustry, PT Arkora Hydro 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 Arkora Hydro Tbk ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PT Arkora Hydro Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ISX:ARKO
69GF Score
PT Arkora Hydro Tbk ISX:ARKO
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Arkora Hydro 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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22760.143 + 0 + 3213.224) - (41555.123 + 0 + 1418.774)
=-17000.53

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(29511.718 + 0 + 4455.895) - (38199.056 + 0 + 1000.827)
=-5232.2700000001

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Arkora Hydro Tbk for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=190635.772/( ( (213999.108 + max(-17000.53, 0)) + (200520.513 + max(-5232.2700000001, 0)) )/ 2 )
=190635.772/( ( 213999.108 + 200520.513 )/ 2 )
=190635.772/207259.8105
=91.98 %

Note: The EBIT data used here is four times the quarterly (Jun. 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 91.98% mean?
PT Arkora Hydro Tbk (ISX:ARKO) has a ROC (Joel Greenblatt) % of 91.98% as of Jun. 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 Arkora Hydro Tbk and its competitors. This is 79% above median its historical median of 51.46. Over the past decade, PT Arkora Hydro Tbk's ROC (Joel Greenblatt) % has ranged from 7.91 to 87.98. According to the industry distribution chart, PT Arkora Hydro Tbk ranks #35 out of 444 companies in the Utilities - Independent Power Producers industry, placing it in the top 7.9%.
Is PT Arkora Hydro Tbk's ROC (Joel Greenblatt) % too high?
PT Arkora Hydro Tbk's current ROC (Joel Greenblatt) % of 91.98% is 79% above median its 10-year median of 51.46. Over the past 10 years, this metric has ranged from a low of 7.91 to a high of 87.98. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.13. PT Arkora Hydro Tbk's value of 91.98% is 1401.7% above this industry median. Based on the distribution chart, PT Arkora Hydro Tbk ranks #35 out of 444 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, PT Arkora Hydro Tbk has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Arkora Hydro Tbk's ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, PT Arkora Hydro Tbk ranks #35 out of 444 companies for ROC (Joel Greenblatt) %. This places PT Arkora Hydro Tbk in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 6.13. PT Arkora Hydro Tbk's value of 91.98% is 1401.7% above this benchmark. Historically, PT Arkora Hydro Tbk's own ROC (Joel Greenblatt) % has ranged from 7.91 to 87.98 over the past decade. While the company's 10-year median is 51.46 vs. the industry median of 6.13, PT Arkora Hydro 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 Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.13, based on 444 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 Arkora Hydro Tbk's current ROC (Joel Greenblatt) % of 91.98% is 1401.7% 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 Arkora Hydro Tbk and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Arkora Hydro Tbk's current ROC (Joel Greenblatt) % is 91.98%, which is 79% above median its own 10-year median of 51.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Arkora Hydro Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Arkora Hydro Tbk (ISX:ARKO) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp1,801.91, compared to a current price of Rp5,000.00 — trading 177.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 91.98%, which is 79% above median its 10-year median of 51.46 and 1401.7% above the Utilities - Independent Power Producers industry median of 6.13. PT Arkora Hydro Tbk's overall GF Score™ is 69/100 with 6 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 Arkora Hydro Tbk (ISX:ARKO), the current ROC (Joel Greenblatt) % is 91.98% as of Jun. 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 Arkora Hydro Tbk (ISX:ARKO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Arkora Hydro Tbk stock appears to be overvalued. The current stock price of Rp5,000.00 is trading 177.5% above its estimated GF Value™ of Rp1,801.91. GuruFocus considers PT Arkora Hydro Tbk to be Significantly Overvalued.

Key valuation signals for ISX:ARKO:

  • ROC (Joel Greenblatt) %: 91.98% (79% above median its 10-year median of 51.46)
  • GF Value™: Rp1,801.91 vs. price of Rp5,000.00 (177.5% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 1401.7% above the Utilities - Independent Power Producers median (#35 of 444)

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


PT Arkora Hydro Tbk Business Description

Address Jalan Jenderal Sudirman Kav 52-53, SCBD Lot 28, Treasury Tower, Level 9, Unit G-H, District 8, Jakarta, IDN, 12190
PT Arkora Hydro Tbk is dedicated to the development and operation of hydropower plants in Indonesia. The company owns and develops hydropower plant facilities that operate in a run-of-river fashion throughout Indonesia. The run-of-river hydropower plant is the type of power plant where little or no water storage is needed. The company's reportable segments are; the 7.4 MW mini hydro powerplant in Cikopo (West Java), the 10 MW mini hydro power plant in Tomasa (Sulawesi Tengah), the 10 MW minihydro electric power plant in Yaentu (Central Sulawesi), the 5.4 MW minihydro electric power plant in Kukusan (Lampung), and the 10 MW minihydro electric power plant in Tomoni (Sulawesi Selatan), and other construction services.
69GF Score

Get the complete analysis for ISX:ARKO

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

Rp5,000.00
Price
Rp1,801.91
GF Value