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PT Barito Renewables Energy TbkISX:BREN -2.46%52 ROC (Joel Greenblatt) % is 30.65% as of Jun. 2026, which is 9% below its 10-year median of 33.73. GuruFocus rates ISX:BREN with a GF Score™ of 52/100 and a GF Value™ of Rp8,560.68 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 444 Utilities - Independent Power Producers companies, PT Barito Renewables Energy Tbk ranks better than 85.59% 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 Barito Renewables Energy Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 30.65%.
The historical rank and industry rank for PT Barito Renewables Energy Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:BREN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 28.69 Med: 33.73 Max: 36.71
Current: 30.15
During the past 6 years, PT Barito Renewables Energy Tbk's highest ROC (Joel Greenblatt) % was 36.71%. The lowest was 28.69%. And the median was 33.73%.
ISX:BREN's ROC (Joel Greenblatt) % is ranked better than 85.59% of 444
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.15
vs ISX:BREN: 30.15
PT Barito Renewables Energy Tbk (ISX:BREN) 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.
* 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 Barito Renewables Energy Tbk ROC (Joel Greenblatt) % Chart
PT Barito Renewables Energy Tbk ROC (Joel Greenblatt) % Competitor Comparison
For the Utilities - Renewable subindustry, PT Barito Renewables Energy 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 Barito Renewables Energy Tbk ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, PT Barito Renewables Energy Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Barito Renewables Energy Tbk's ROC (Joel Greenblatt) % falls into.
PT Barito Renewables Energy 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 (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 30.65% mean?
PT Barito Renewables Energy Tbk (ISX:BREN) has a ROC (Joel Greenblatt) % of 30.65% 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 Barito Renewables Energy Tbk and its competitors. This is near median its historical median of 33.73. Over the past decade, PT Barito Renewables Energy Tbk's ROC (Joel Greenblatt) % has ranged from 28.69 to 36.71. According to the industry distribution chart, PT Barito Renewables Energy Tbk ranks #64 out of 444 companies in the Utilities - Independent Power Producers industry, placing it in the top 14.4%.
Is PT Barito Renewables Energy Tbk's ROC (Joel Greenblatt) % too high?
PT Barito Renewables Energy Tbk's current ROC (Joel Greenblatt) % of 30.65% is near median its 10-year median of 33.73. Over the past 10 years, this metric has ranged from a low of 28.69 to a high of 36.71. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.15. PT Barito Renewables Energy Tbk's value of 30.65% is 398.4% above this industry median. Based on the distribution chart, PT Barito Renewables Energy Tbk ranks #64 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 Barito Renewables Energy Tbk has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Barito Renewables Energy Tbk's ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, PT Barito Renewables Energy Tbk ranks #64 out of 444 companies for ROC (Joel Greenblatt) %. This places PT Barito Renewables Energy Tbk in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 6.15. PT Barito Renewables Energy Tbk's value of 30.65% is 398.4% above this benchmark. Historically, PT Barito Renewables Energy Tbk's own ROC (Joel Greenblatt) % has ranged from 28.69 to 36.71 over the past decade. While the company's 10-year median is 33.73 vs. the industry median of 6.15, PT Barito Renewables Energy 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 6.15, 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 Barito Renewables Energy Tbk's current ROC (Joel Greenblatt) % of 30.65% is 398.4% 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 Barito Renewables Energy Tbk and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Barito Renewables Energy Tbk's current ROC (Joel Greenblatt) % is 30.65%, which is near median its own 10-year median of 33.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Barito Renewables Energy Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Barito Renewables Energy Tbk (ISX:BREN) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp8,560.68, compared to a current price of Rp3,570.00 — trading 58.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 30.65%, which is near median its 10-year median of 33.73 and 398.4% above the Utilities - Independent Power Producers industry median of 6.15. PT Barito Renewables Energy Tbk's overall GF Score™ is 52/100 with 1 warning sign 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 Barito Renewables Energy Tbk (ISX:BREN), the current ROC (Joel Greenblatt) % is 30.65% 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 Barito Renewables Energy Tbk (ISX:BREN) Overvalued in 2026?
Based on GuruFocus' analysis, PT Barito Renewables Energy Tbk stock appears to be undervalued.
The current stock price of Rp3,570.00 is trading 58.3% below its estimated GF Value™ of Rp8,560.68.
GuruFocus considers PT Barito Renewables Energy Tbk to be Significantly Undervalued.
Key valuation signals for ISX:BREN:
ROC (Joel Greenblatt) %: 30.65% (near median its 10-year median of 33.73)
GF Value™: Rp8,560.68 vs. price of Rp3,570.00 (58.3% below fair value)
Industry Position: 398.4% above the Utilities - Independent Power Producers median (#64 of 444)
No single metric tells the full story. See the ISX:BREN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Barito Renewables Energy Tbk, along with its subsidiaries, operates as a geothermal and wind energy power producer in Indonesia. Its project portfolio comprises Wayang Windu, Salak, Sidrap I, and Darajat. The company generates maximum revenue from the generation and sale of electricity in Indonesia.
52GF Score
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