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PTriguna Primatirta TbkISX:CLEO -1.58%82 ROC (Joel Greenblatt) % is 22.81% as of Mar. 2026, which is 20% above its 10-year median of 19.04. GuruFocus rates ISX:CLEO with a GF Score™ of 82/100 and a GF Value™ of Rp597.03 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, PTriguna Primatirta Tbk ranks worse than 53.45% 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. PTriguna Primatirta Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.81%.
The historical rank and industry rank for PTriguna Primatirta Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:CLEO'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16 Med: 19.04 Max: 29.54
Current: 19.44
During the past 10 years, PTriguna Primatirta Tbk's highest ROC (Joel Greenblatt) % was 29.54%. The lowest was 16.00%. And the median was 19.04%.
ISX:CLEO's ROC (Joel Greenblatt) % is ranked worse than 53.45% of 116
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 20.385
vs ISX:CLEO: 19.44
PTriguna Primatirta Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.70% per year.
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.
PTriguna Primatirta Tbk ROC (Joel Greenblatt) % Related Terms
PTriguna Primatirta Tbk ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for PTriguna Primatirta 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.
ISX:CLEO vs KO, PEP, MNST: ROC (Joel Greenblatt) % Comparison
For the Beverages - Non-Alcoholic subindustry, PTriguna Primatirta 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.
PTriguna Primatirta Tbk ROC (Joel Greenblatt) % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, PTriguna Primatirta Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PTriguna Primatirta Tbk's ROC (Joel Greenblatt) % falls into.
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 22.81% mean?
PTriguna Primatirta Tbk (ISX:CLEO) has a ROC (Joel Greenblatt) % of 22.81% 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 PTriguna Primatirta Tbk and its competitors. This is 20% above median its historical median of 19.04. Over the past decade, PTriguna Primatirta Tbk's ROC (Joel Greenblatt) % has ranged from 16.00 to 29.54. According to the industry distribution chart, PTriguna Primatirta Tbk ranks #62 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 53.4%.
Is PTriguna Primatirta Tbk's ROC (Joel Greenblatt) % too high?
PTriguna Primatirta Tbk's current ROC (Joel Greenblatt) % of 22.81% is 20% above median its 10-year median of 19.04. Over the past 10 years, this metric has ranged from a low of 16.00 to a high of 29.54. The Beverages - Non-Alcoholic industry median ROC (Joel Greenblatt) % is 20.39. PTriguna Primatirta Tbk's value of 22.81% is 11.9% above this industry median. Based on the distribution chart, PTriguna Primatirta Tbk ranks #62 out of 116 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, PTriguna Primatirta Tbk has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PTriguna Primatirta Tbk's ROC (Joel Greenblatt) % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, PTriguna Primatirta Tbk ranks #62 out of 116 companies for ROC (Joel Greenblatt) %. This places PTriguna Primatirta Tbk in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 20.39. PTriguna Primatirta Tbk's value of 22.81% is 11.9% above this benchmark. Historically, PTriguna Primatirta Tbk's own ROC (Joel Greenblatt) % has ranged from 16.00 to 29.54 over the past decade. While the company's 10-year median is 19.04 vs. the industry median of 20.39, PTriguna Primatirta 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 Beverages - Non-Alcoholic company?
The median ROC (Joel Greenblatt) % among Beverages - Non-Alcoholic companies is 20.39, based on 116 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. PTriguna Primatirta Tbk's current ROC (Joel Greenblatt) % of 22.81% is 11.9% 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 PTriguna Primatirta Tbk and its competitors. For the Beverages - Non-Alcoholic industry, the median ROC (Joel Greenblatt) % is 20.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTriguna Primatirta Tbk's current ROC (Joel Greenblatt) % is 22.81%, which is 20% above median its own 10-year median of 19.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTriguna Primatirta Tbk stock overvalued right now?
Based on GuruFocus' analysis, PTriguna Primatirta Tbk (ISX:CLEO) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp597.03, compared to a current price of Rp374.00 — trading 37.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 22.81%, which is 20% above median its 10-year median of 19.04 and 11.9% above the Beverages - Non-Alcoholic industry median of 20.39. PTriguna Primatirta Tbk's overall GF Score™ is 82/100 with 2 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 PTriguna Primatirta Tbk (ISX:CLEO), the current ROC (Joel Greenblatt) % is 22.81% 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 PTriguna Primatirta Tbk (ISX:CLEO) Overvalued in 2026?
Based on GuruFocus' analysis, PTriguna Primatirta Tbk stock appears to be undervalued.
The current stock price of Rp374.00 is trading 37.4% below its estimated GF Value™ of Rp597.03.
GuruFocus considers PTriguna Primatirta Tbk to be Significantly Undervalued.
Key valuation signals for ISX:CLEO:
ROC (Joel Greenblatt) %: 22.81% (20% above median its 10-year median of 19.04)
GF Value™: Rp597.03 vs. price of Rp374.00 (37.4% below fair value)
Industry Position: 11.9% above the Beverages - Non-Alcoholic median (#62 of 116)
No single metric tells the full story. See the ISX:CLEO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Sariguna Primatirta Tbk produces and sells bottled water. The company has three business segments namely Non- bottle, Bottle, and Others. The majority of the revenue derives from the Bottle and non-bottle segment. Geographically, its business activities are carried in Java and Bali and other provinces.
82GF 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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