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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 Bintang Mitra Semestaraya Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 47.11%.
The historical rank and industry rank for PT Bintang Mitra Semestaraya Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:BMSR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.09 Med: 23.86 Max: 259.85
Current: 77.43
During the past 13 years, PT Bintang Mitra Semestaraya Tbk's highest ROC (Joel Greenblatt) % was 259.85%. The lowest was 7.09%. And the median was 23.86%.
ISX:BMSR's ROC (Joel Greenblatt) % is ranked better than 97.76% of 1605
companies
in the Chemicals industry
Industry Median: 9.47
vs ISX:BMSR: 77.43
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.
PT Bintang Mitra Semestaraya Tbk ROC (Joel Greenblatt) % Chart
ISX:BMSR vs DOW: ROC (Joel Greenblatt) % Comparison
For the Chemicals subindustry, PT Bintang Mitra Semestaraya 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 Bintang Mitra Semestaraya Tbk ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, PT Bintang Mitra Semestaraya Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Bintang Mitra Semestaraya Tbk's ROC (Joel Greenblatt) % falls into.
PT Bintang Mitra Semestaraya 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:
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 47.11% mean?
PT Bintang Mitra Semestaraya Tbk (ISX:BMSR) has a ROC (Joel Greenblatt) % of 47.11% 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 Bintang Mitra Semestaraya Tbk and its competitors. This is 97% above median its historical median of 23.86. Over the past decade, PT Bintang Mitra Semestaraya Tbk's ROC (Joel Greenblatt) % has ranged from 7.09 to 259.85. According to the industry distribution chart, PT Bintang Mitra Semestaraya Tbk ranks #36 out of 1605 companies in the Chemicals industry, placing it in the top 2.2%.
Is PT Bintang Mitra Semestaraya Tbk's ROC (Joel Greenblatt) % too high?
PT Bintang Mitra Semestaraya Tbk's current ROC (Joel Greenblatt) % of 47.11% is 97% above median its 10-year median of 23.86. Over the past 10 years, this metric has ranged from a low of 7.09 to a high of 259.85. The Chemicals industry median ROC (Joel Greenblatt) % is 9.47. PT Bintang Mitra Semestaraya Tbk's value of 47.11% is 397.5% above this industry median. Based on the distribution chart, PT Bintang Mitra Semestaraya Tbk ranks #36 out of 1605 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, PT Bintang Mitra Semestaraya Tbk has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Bintang Mitra Semestaraya Tbk's ROC (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, PT Bintang Mitra Semestaraya Tbk ranks #36 out of 1605 companies for ROC (Joel Greenblatt) %. This places PT Bintang Mitra Semestaraya Tbk in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.47. PT Bintang Mitra Semestaraya Tbk's value of 47.11% is 397.5% above this benchmark. Historically, PT Bintang Mitra Semestaraya Tbk's own ROC (Joel Greenblatt) % has ranged from 7.09 to 259.85 over the past decade. While the company's 10-year median is 23.86 vs. the industry median of 9.47, PT Bintang Mitra Semestaraya 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 a Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.47, based on 1,605 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 Bintang Mitra Semestaraya Tbk's current ROC (Joel Greenblatt) % of 47.11% is 397.5% 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 Bintang Mitra Semestaraya Tbk and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bintang Mitra Semestaraya Tbk's current ROC (Joel Greenblatt) % is 47.11%, which is 97% above median its own 10-year median of 23.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bintang Mitra Semestaraya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bintang Mitra Semestaraya Tbk (ISX:BMSR) is currently considered Fairly Valued. The stock's GF Value™ is Rp312.61, compared to a current price of Rp316.00 — trading 1.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 47.11%, which is 97% above median its 10-year median of 23.86 and 397.5% above the Chemicals industry median of 9.47. PT Bintang Mitra Semestaraya Tbk's overall GF Score™ is 68/100 with 8 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 Bintang Mitra Semestaraya Tbk (ISX:BMSR), the current ROC (Joel Greenblatt) % is 47.11% 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 Bintang Mitra Semestaraya Tbk (ISX:BMSR) Overvalued in 2026?
Based on GuruFocus' analysis, PT Bintang Mitra Semestaraya Tbk stock appears to be overvalued.
The current stock price of Rp316.00 is trading 1.1% above its estimated GF Value™ of Rp312.61.
GuruFocus considers PT Bintang Mitra Semestaraya Tbk to be Fairly Valued.
Key valuation signals for ISX:BMSR:
ROC (Joel Greenblatt) %: 47.11% (97% above median its 10-year median of 23.86)
GF Value™: Rp312.61 vs. price of Rp316.00 (1.1% above fair value)
Industry Position: 397.5% above the Chemicals median (#36 of 1605)
No single metric tells the full story. See the ISX:BMSR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Bintang Mitra Semestaraya Tbk Business Description
PT Bintang Mitra Semestaraya Tbk is an investment holding company. The company's operating segment includes Chemical Goods and Coal trading segment. It generates the majority of its revenue from Chemical Goods. The company markets chemical products which include Caustic Soda both in liquid and flake, Hydrochloric Acid, Sodium Hypochlorite, Sulfuric Acid, PVC resin and Ethylene Dichloride.
68GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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