PT Citra Nusantara Gemilang Tbk (ISX:CGAS) ROC (Joel Greenblatt) %: 11.04% (As of Mar. 2026) — 19% Below Median

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ISX:CGAS PT Citra Nusantara Gemilang Tbk ISX:CGAS
41 GF Score
Price Rp153.00
! 1 Warning Sign
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What is PT Citra Nusantara Gemilang Tbk ROC (Joel Greenblatt) %?

PT Citra Nusantara Gemilang Tbk ISX:CGAS -0.65% 41 ROC (Joel Greenblatt) % is 11.04% as of Mar. 2026, which is 19% below its 10-year median of 13.57. GuruFocus rates ISX:CGAS with a GF Score™ of 41/100. The stock has 1 warning sign investors should review. Among 997 Oil & Gas companies, PT Citra Nusantara Gemilang Tbk ranks better than 61.79% 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 Citra Nusantara Gemilang Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.04%.

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

ISX:CGAS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.78   Med: 13.57   Max: 19.7
Current: 12.58

During the past 6 years, PT Citra Nusantara Gemilang Tbk's highest ROC (Joel Greenblatt) % was 19.70%. The lowest was -1.78%. And the median was 13.57%.

ISX:CGAS's ROC (Joel Greenblatt) % is ranked better than
61.79% of 997 companies
in the Oil & Gas industry
Industry Median: 8.55 vs ISX:CGAS: 12.58

PT Citra Nusantara Gemilang Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


PT Citra Nusantara Gemilang Tbk  (ISX:CGAS) 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 Citra Nusantara Gemilang Tbk ROC (Joel Greenblatt) % Related Terms


PT Citra Nusantara Gemilang Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT Citra Nusantara Gemilang 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 Citra Nusantara Gemilang Tbk ROC (Joel Greenblatt) % Chart

PT Citra Nusantara Gemilang Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 6.39 19.70 16.46 15.56 11.57

PT Citra Nusantara Gemilang Tbk Quarterly Data
Dec20 Dec21 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 5.85 3.10 19.23 15.77 11.04

ISX:CGAS vs VLO, MPC, PSX: ROC (Joel Greenblatt) % Comparison

For the Oil & Gas Refining & Marketing subindustry, PT Citra Nusantara Gemilang 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 Citra Nusantara Gemilang Tbk ROC (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Citra Nusantara Gemilang Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ISX:CGAS
41GF Score
PT Citra Nusantara Gemilang Tbk ISX:CGAS
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Citra Nusantara Gemilang 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)
=(65316.129 + 9136.133 + 107938.836) - (58313.598 + 0 + 5450.777)
=118626.723

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61673.519 + 10890.514 + 139636.183) - (72099.005 + 0 + 10985.242)
=129115.969

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Citra Nusantara Gemilang 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 )
=28430.692/( ( (133448.869 + max(118626.723, 0)) + (133646.048 + max(129115.969, 0)) )/ 2 )
=28430.692/( ( 252075.592 + 262762.017 )/ 2 )
=28430.692/257418.8045
=11.04 %

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 11.04% mean?
PT Citra Nusantara Gemilang Tbk (ISX:CGAS) has a ROC (Joel Greenblatt) % of 11.04% 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 Citra Nusantara Gemilang Tbk and its competitors. This is 19% below median its historical median of 13.57. According to the industry distribution chart, PT Citra Nusantara Gemilang Tbk ranks #381 out of 997 companies in the Oil & Gas industry, placing it in the top 38.2%.
Is PT Citra Nusantara Gemilang Tbk's ROC (Joel Greenblatt) % too high?
PT Citra Nusantara Gemilang Tbk's current ROC (Joel Greenblatt) % of 11.04% is 19% below median its 10-year median of 13.57. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.55. PT Citra Nusantara Gemilang Tbk's value of 11.04% is 29.1% above this industry median. Based on the distribution chart, PT Citra Nusantara Gemilang Tbk ranks #381 out of 997 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, PT Citra Nusantara Gemilang Tbk has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does PT Citra Nusantara Gemilang Tbk's ROC (Joel Greenblatt) % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, PT Citra Nusantara Gemilang Tbk ranks #381 out of 997 companies for ROC (Joel Greenblatt) %. This puts PT Citra Nusantara Gemilang Tbk in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.55. PT Citra Nusantara Gemilang Tbk's value of 11.04% is 29.1% above this benchmark. While the company's 10-year median is 13.57 vs. the industry median of 8.55, PT Citra Nusantara Gemilang 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 Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.55, based on 997 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 Citra Nusantara Gemilang Tbk's current ROC (Joel Greenblatt) % of 11.04% is 29.1% 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 Citra Nusantara Gemilang Tbk and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Citra Nusantara Gemilang Tbk's current ROC (Joel Greenblatt) % is 11.04%, which is 19% below median its own 10-year median of 13.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Citra Nusantara Gemilang Tbk stock overvalued right now?
PT Citra Nusantara Gemilang Tbk (ISX:CGAS) has a current ROC (Joel Greenblatt) % of 11.04%. The current ROC (Joel Greenblatt) % is 11.04%, which is 19% below median its 10-year median of 13.57 and 29.1% above the Oil & Gas industry median of 8.55. PT Citra Nusantara Gemilang Tbk's overall GF Score™ is 41/100 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 Citra Nusantara Gemilang Tbk (ISX:CGAS), the current ROC (Joel Greenblatt) % is 11.04% 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.

PT Citra Nusantara Gemilang Tbk Business Description

Industry EnergyOil & Gas
Address Jalan Kalimalang No. 126, Tegal Gede, Kelurahan Pasirsari, Kecamatan Cikarang Selatan, Kabupaten Bekasi, Provinsi Jawa Barat, Bekasi, IDN, 17530
PT Citra Nusantara Gemilang Tbk is mainly engaged in natural gas trading and distribution. Its service covers CNG B2B (Compressed Natural Gas Business to Business) and CNG B2C (Compressed Natural Gas Business to Consumer), targeting the transportation sector. The company also provides consulting services related to the operation and maintenance of natural gas equipment. Its operating segments are: Gas trading and distribution, and Others. The majority of its revenue is derived from the Gas trading and distribution segment, which includes industrial gas delivery to industrial clients, Gas distribution to retail customers and Micro, Small, and Medium Enterprises (MSMEs), as well as NGV gas supplied for public transportation and direct filling at gas filling stations owned by the group.
41GF 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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