PT MNC Kapital Indonesia Tbk (ISX:BCAP) ROC (Joel Greenblatt) %: 144.19% (As of Mar. 2026) — 11% Above Median


ISX:BCAP PT MNC Kapital Indonesia Tbk ISX:BCAP
74 GF Score
Price Rp50.00
GF Value Rp68.74
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT MNC Kapital Indonesia Tbk ROC (Joel Greenblatt) %?

PT MNC Kapital Indonesia Tbk ISX:BCAP 74 ROC (Joel Greenblatt) % is 144.19% as of Mar. 2026, which is 11% above its 10-year median of 129.62. GuruFocus rates ISX:BCAP with a GF Score™ of 74/100 and a GF Value™ of Rp68.74 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 324 Diversified Financial Services companies, PT MNC Kapital Indonesia Tbk ranks better than 77.47% 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 MNC Kapital Indonesia Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 144.19%.

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

ISX:BCAP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.26   Med: 129.62   Max: 163.51
Current: 135.97

During the past 13 years, PT MNC Kapital Indonesia Tbk's highest ROC (Joel Greenblatt) % was 163.51%. The lowest was -5.26%. And the median was 129.62%.

ISX:BCAP's ROC (Joel Greenblatt) % is ranked better than
77.47% of 324 companies
in the Diversified Financial Services industry
Industry Median: -287.535 vs ISX:BCAP: 135.97

PT MNC Kapital Indonesia Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 1.20% per year.


PT MNC Kapital Indonesia Tbk  (ISX:BCAP) 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 MNC Kapital Indonesia Tbk ROC (Joel Greenblatt) % Related Terms


PT MNC Kapital Indonesia Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT MNC Kapital Indonesia 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 MNC Kapital Indonesia Tbk ROC (Joel Greenblatt) % Chart

PT MNC Kapital Indonesia 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 123.05 155.40 129.25 116.18 142.17

PT MNC Kapital Indonesia 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 115.54 119.66 130.79 159.72 144.19

ISX:BCAP vs VOYA, FRHC: ROC (Joel Greenblatt) % Comparison

For the Financial Conglomerates subindustry, PT MNC Kapital 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 MNC Kapital Indonesia Tbk ROC (Joel Greenblatt) % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, PT MNC Kapital Indonesia Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ISX:BCAP
74GF Score
PT MNC Kapital Indonesia Tbk ISX:BCAP
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT MNC Kapital Indonesia 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)
=(1445960 + 0 + 1248504) - (1070153 + 0 + 1916723)
=-292412

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1714828 + 0 + 1354214) - (1037405 + 0 + 2350521)
=-318884

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT MNC Kapital Indonesia 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 )
=1548612/( ( (1076757 + max(-292412, 0)) + (1071223 + max(-318884, 0)) )/ 2 )
=1548612/( ( 1076757 + 1071223 )/ 2 )
=1548612/1073990
=144.19 %

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 144.19% mean?
PT MNC Kapital Indonesia Tbk (ISX:BCAP) has a ROC (Joel Greenblatt) % of 144.19% 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 MNC Kapital Indonesia Tbk and its competitors. This is 11% above median its historical median of 129.62. According to the industry distribution chart, PT MNC Kapital Indonesia Tbk ranks #73 out of 324 companies in the Diversified Financial Services industry, placing it in the top 22.5%.
Is PT MNC Kapital Indonesia Tbk's ROC (Joel Greenblatt) % too high?
PT MNC Kapital Indonesia Tbk's current ROC (Joel Greenblatt) % of 144.19% is 11% above median its 10-year median of 129.62. Based on the distribution chart, PT MNC Kapital Indonesia Tbk ranks #73 out of 324 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, PT MNC Kapital Indonesia Tbk has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT MNC Kapital Indonesia Tbk's ROC (Joel Greenblatt) % compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, PT MNC Kapital Indonesia Tbk ranks #73 out of 324 companies for ROC (Joel Greenblatt) %. This places PT MNC Kapital Indonesia Tbk in the top 23% of its industry — outperforming the majority of peers. 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 Diversified Financial Services company?
A good ROC (Joel Greenblatt) % depends on the Diversified Financial Services industry context. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 MNC Kapital Indonesia Tbk and its competitors. PT MNC Kapital Indonesia Tbk's current ROC (Joel Greenblatt) % is 144.19%, which is 11% above median its own 10-year median of 129.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT MNC Kapital Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT MNC Kapital Indonesia Tbk (ISX:BCAP) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp68.74, compared to a current price of Rp50.00 — trading 27.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 144.19%, which is 11% above median its 10-year median of 129.62. PT MNC Kapital Indonesia Tbk's overall GF Score™ is 74/100 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 MNC Kapital Indonesia Tbk (ISX:BCAP), the current ROC (Joel Greenblatt) % is 144.19% 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 MNC Kapital Indonesia Tbk (ISX:BCAP) Overvalued in 2026?

Based on GuruFocus' analysis, PT MNC Kapital Indonesia Tbk stock appears to be undervalued. The current stock price of Rp50.00 is trading 27.3% below its estimated GF Value™ of Rp68.74. GuruFocus considers PT MNC Kapital Indonesia Tbk to be Modestly Undervalued.

Key valuation signals for ISX:BCAP:

  • ROC (Joel Greenblatt) %: 144.19% (11% above median its 10-year median of 129.62)
  • GF Value™: Rp68.74 vs. price of Rp50.00 (27.3% below fair value)
  • GF Score™: 74/100 with 5 warning signs

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


PT MNC Kapital Indonesia Tbk Business Description

Address Jalan Kebon Sirih No. 21-27, MNC Bank Tower, 21st Floor, MNC Center, Central Jakarta, Jakarta, IDN, 10340
PT MNC Kapital Indonesia Tbk is an Indonesia-based integrated financial services company. Along with its subsidiaries, the company operates through several business segments, including Banking, Insurance, Brokerage and Underwriting, Multifinance, Financial Technology, Fund Management, Investment, and Property Leasing. The company provides banking services for individuals, MSMEs, and wholesale customers, as well as insurance, capital market, financing, and digital financial services. The company derives the majority of its revenue from the Banking segment.
74GF Score

Get the complete analysis for ISX:BCAP

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

Rp50.00
Price
Rp68.74
GF Value