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PT Citra Marga Nusaphala Persada TbkISX:CMNP 81 ROC (Joel Greenblatt) % is 834.65% as of Mar. 2026, which is 41% above its 10-year median of 590.55. GuruFocus rates ISX:CMNP with a GF Score™ of 81/100 and a GF Value™ of Rp1,505.04 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,782 Construction companies, PT Citra Marga Nusaphala Persada Tbk ranks better than 97.76% 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 Marga Nusaphala Persada Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 834.65%.
The historical rank and industry rank for PT Citra Marga Nusaphala Persada Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:CMNP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 432.01 Med: 590.55 Max: 873.02
Current: 693.09
During the past 13 years, PT Citra Marga Nusaphala Persada Tbk's highest ROC (Joel Greenblatt) % was 873.02%. The lowest was 432.01%. And the median was 590.55%.
ISX:CMNP's ROC (Joel Greenblatt) % is ranked better than 97.76% of 1782
companies
in the Construction industry
Industry Median: 19.6
vs ISX:CMNP: 693.09
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.
For the Infrastructure Operations subindustry, PT Citra Marga Nusaphala Persada 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 Marga Nusaphala Persada Tbk ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, PT Citra Marga Nusaphala Persada Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Citra Marga Nusaphala Persada 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 834.65% mean?
PT Citra Marga Nusaphala Persada Tbk (ISX:CMNP) has a ROC (Joel Greenblatt) % of 834.65% 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 Marga Nusaphala Persada Tbk and its competitors. This is 41% above median its historical median of 590.55. Over the past decade, PT Citra Marga Nusaphala Persada Tbk's ROC (Joel Greenblatt) % has ranged from 432.01 to 873.02. According to the industry distribution chart, PT Citra Marga Nusaphala Persada Tbk ranks #40 out of 1782 companies in the Construction industry, placing it in the top 2.2%.
Is PT Citra Marga Nusaphala Persada Tbk's ROC (Joel Greenblatt) % too high?
PT Citra Marga Nusaphala Persada Tbk's current ROC (Joel Greenblatt) % of 834.65% is 41% above median its 10-year median of 590.55. Over the past 10 years, this metric has ranged from a low of 432.01 to a high of 873.02. The Construction industry median ROC (Joel Greenblatt) % is 19.60. PT Citra Marga Nusaphala Persada Tbk's value of 834.65% is 4158.4% above this industry median. Based on the distribution chart, PT Citra Marga Nusaphala Persada Tbk ranks #40 out of 1782 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, PT Citra Marga Nusaphala Persada Tbk has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Citra Marga Nusaphala Persada Tbk's ROC (Joel Greenblatt) % compare to competitors?
According to the Construction industry distribution chart, PT Citra Marga Nusaphala Persada Tbk ranks #40 out of 1782 companies for ROC (Joel Greenblatt) %. This places PT Citra Marga Nusaphala Persada Tbk in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.60. PT Citra Marga Nusaphala Persada Tbk's value of 834.65% is 4158.4% above this benchmark. Historically, PT Citra Marga Nusaphala Persada Tbk's own ROC (Joel Greenblatt) % has ranged from 432.01 to 873.02 over the past decade. While the company's 10-year median is 590.55 vs. the industry median of 19.60, PT Citra Marga Nusaphala Persada 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.60, based on 1,782 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 Marga Nusaphala Persada Tbk's current ROC (Joel Greenblatt) % of 834.65% is 4158.4% 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 Citra Marga Nusaphala Persada Tbk and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Citra Marga Nusaphala Persada Tbk's current ROC (Joel Greenblatt) % is 834.65%, which is 41% above median its own 10-year median of 590.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Citra Marga Nusaphala Persada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Citra Marga Nusaphala Persada Tbk (ISX:CMNP) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,505.04, compared to a current price of Rp1,345.00 — trading 10.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 834.65%, which is 41% above median its 10-year median of 590.55 and 4158.4% above the Construction industry median of 19.60. PT Citra Marga Nusaphala Persada Tbk's overall GF Score™ is 81/100 with 4 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 Citra Marga Nusaphala Persada Tbk (ISX:CMNP), the current ROC (Joel Greenblatt) % is 834.65% 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 Citra Marga Nusaphala Persada Tbk (ISX:CMNP) Overvalued in 2026?
Based on GuruFocus' analysis, PT Citra Marga Nusaphala Persada Tbk stock appears to be undervalued.
The current stock price of Rp1,345.00 is trading 10.6% below its estimated GF Value™ of Rp1,505.04.
GuruFocus considers PT Citra Marga Nusaphala Persada Tbk to be Modestly Undervalued.
Key valuation signals for ISX:CMNP:
ROC (Joel Greenblatt) %: 834.65% (41% above median its 10-year median of 590.55)
GF Value™: Rp1,505.04 vs. price of Rp1,345.00 (10.6% below fair value)
Industry Position: 4158.4% above the Construction median (#40 of 1782)
No single metric tells the full story. See the ISX:CMNP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Citra Marga Nusaphala Persada Tbk Business Description
PT Citra Marga Nusaphala Persada Tbk is engaged in the operation of highways. Its activity includes planning, constructing, and operating toll roads. Also, it provides consultancy services in the field of management, investment, information technology and telecommunications, transportation, project development, construction, and operation of toll roads, property management, and real estate. The firm's segments are Jakarta Intra Urban Toll, Toll Simpang Susun Waru-juanda, Toll Soreang Pasir Koja, Toll Depok Antasari, Toll Cileunyi -Sumedang -Dawuan and others.
81GF Score
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