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PT Bumi Serpong Damai Tbk (ISX:BSDE) ROC (Joel Greenblatt) % : 94.78% (As of Dec. 2024)


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What is PT Bumi Serpong Damai 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 Bumi Serpong Damai Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 94.78%.

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

ISX:BSDE' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.13   Med: 48.98   Max: 76.45
Current: 70.22

During the past 13 years, PT Bumi Serpong Damai Tbk's highest ROC (Joel Greenblatt) % was 76.45%. The lowest was 24.13%. And the median was 48.98%.

ISX:BSDE's ROC (Joel Greenblatt) % is ranked better than
76.51% of 1758 companies
in the Real Estate industry
Industry Median: 10.71 vs ISX:BSDE: 70.22

PT Bumi Serpong Damai Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.70% per year.


PT Bumi Serpong Damai Tbk ROC (Joel Greenblatt) % Historical Data

The historical data trend for PT Bumi Serpong Damai 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 Bumi Serpong Damai Tbk ROC (Joel Greenblatt) % Chart

PT Bumi Serpong Damai Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.13 36.33 52.56 45.78 67.27

PT Bumi Serpong Damai Tbk Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 33.92 80.66 64.31 40.73 94.78

Competitive Comparison of PT Bumi Serpong Damai Tbk's ROC (Joel Greenblatt) %

For the Real Estate - Development subindustry, PT Bumi Serpong Damai 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 Bumi Serpong Damai Tbk's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Bumi Serpong Damai Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

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


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PT Bumi Serpong Damai 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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(248328.694 + 14756115.061 + 2888287.951) - (1437587.416 + 0 + 8644503.584)
=7810640.706

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(353856.768 + 16860604.022 + 2597813.997) - (1714050.182 + 0 + 9169502.682)
=8928721.923

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Bumi Serpong Damai Tbk for the quarter that ended in Dec. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8753552.044/( ( (547540.151 + max(7810640.706, 0)) + (1184611.613 + max(8928721.923, 0)) )/ 2 )
=8753552.044/( ( 8358180.857 + 10113333.536 )/ 2 )
=8753552.044/9235757.1965
=94.78 %

Note: The EBIT data used here is four times the quarterly (Dec. 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 Bumi Serpong Damai Tbk  (ISX:BSDE) 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 Bumi Serpong Damai Tbk ROC (Joel Greenblatt) % Related Terms

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PT Bumi Serpong Damai Tbk Business Description

Traded in Other Exchanges
N/A
Address
Sinar Mas Land Plaza, Jalan Grand Boulevard, BSD Green Office Park, BSD City, Tangerang, IDN, 15345
PT Bumi Serpong Damai Tbk is a general real estate company. The company reports five segments: real estate, property, hotel, toll road, and others. Its real estate segment, which is engaged in the development of real estate properties, generates the vast majority of the company's revenue. PT Bumi's operations are centered in Indonesia. The company is developing Bumi Serpong Damai, which is a planned community in the Jakarta region. The community is intended to be fully self-sufficient in terms of infrastructure, health facilities, education, and recreation.

PT Bumi Serpong Damai Tbk Headlines