PT Indoritel Makmur Internasional TbkISX:DNET 84 ROC (Joel Greenblatt) % is 34.92% as of Mar. 2026, which is 39% below its 10-year median of 57.20. GuruFocus rates ISX:DNET with a GF Score™ of 84/100 and a GF Value™ of Rp9,993.07 (Fairly Valued). The stock has 5 warning signs investors should review. Among 369 Telecommunication Services companies, PT Indoritel Makmur Internasional Tbk ranks better than 84.55% 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 Indoritel Makmur Internasional Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 34.92%.
ISX:DNET'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 45.55 Med: 57.2 Max: 235.67
Current: 47.36
During the past 13 years, PT Indoritel Makmur Internasional Tbk's highest ROC (Joel Greenblatt) % was 235.67%. The lowest was 45.55%. And the median was 57.20%.
ISX:DNET's ROC (Joel Greenblatt) % is ranked better than 84.55% of 369
companies
in the Telecommunication Services industry
Industry Median: 14.98
vs ISX:DNET: 47.36
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 Indoritel Makmur Internasional Tbk ROC (Joel Greenblatt) % Chart
ISX:DNET vs TMUS, VZ, T: ROC (Joel Greenblatt) % Comparison
For the Telecom Services subindustry, PT Indoritel Makmur Internasional 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 Indoritel Makmur Internasional Tbk ROC (Joel Greenblatt) % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, PT Indoritel Makmur Internasional Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Indoritel Makmur Internasional Tbk's ROC (Joel Greenblatt) % falls into.
PT Indoritel Makmur Internasional 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 (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 34.92% mean?
PT Indoritel Makmur Internasional Tbk (ISX:DNET) has a ROC (Joel Greenblatt) % of 34.92% 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 Indoritel Makmur Internasional Tbk and its competitors. This is 39% below median its historical median of 57.20. Over the past decade, PT Indoritel Makmur Internasional Tbk's ROC (Joel Greenblatt) % has ranged from 45.55 to 235.67. According to the industry distribution chart, PT Indoritel Makmur Internasional Tbk ranks #57 out of 369 companies in the Telecommunication Services industry, placing it in the top 15.4%.
Is PT Indoritel Makmur Internasional Tbk's ROC (Joel Greenblatt) % too high?
PT Indoritel Makmur Internasional Tbk's current ROC (Joel Greenblatt) % of 34.92% is 39% below median its 10-year median of 57.20. Over the past 10 years, this metric has ranged from a low of 45.55 to a high of 235.67. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 14.98. PT Indoritel Makmur Internasional Tbk's value of 34.92% is 133.1% above this industry median. Based on the distribution chart, PT Indoritel Makmur Internasional Tbk ranks #57 out of 369 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, PT Indoritel Makmur Internasional Tbk has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indoritel Makmur Internasional Tbk's ROC (Joel Greenblatt) % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, PT Indoritel Makmur Internasional Tbk ranks #57 out of 369 companies for ROC (Joel Greenblatt) %. This places PT Indoritel Makmur Internasional Tbk in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 14.98. PT Indoritel Makmur Internasional Tbk's value of 34.92% is 133.1% above this benchmark. Historically, PT Indoritel Makmur Internasional Tbk's own ROC (Joel Greenblatt) % has ranged from 45.55 to 235.67 over the past decade. While the company's 10-year median is 57.20 vs. the industry median of 14.98, PT Indoritel Makmur Internasional 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 Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 14.98, based on 369 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 Indoritel Makmur Internasional Tbk's current ROC (Joel Greenblatt) % of 34.92% is 133.1% 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 Indoritel Makmur Internasional Tbk and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 14.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indoritel Makmur Internasional Tbk's current ROC (Joel Greenblatt) % is 34.92%, which is 39% below median its own 10-year median of 57.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indoritel Makmur Internasional Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk (ISX:DNET) is currently considered Fairly Valued. The stock's GF Value™ is Rp9,993.07, compared to a current price of Rp10,300.00 — trading 3.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 34.92%, which is 39% below median its 10-year median of 57.20 and 133.1% above the Telecommunication Services industry median of 14.98. PT Indoritel Makmur Internasional Tbk's overall GF Score™ is 84/100 with 5 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 Indoritel Makmur Internasional Tbk (ISX:DNET), the current ROC (Joel Greenblatt) % is 34.92% 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 Indoritel Makmur Internasional Tbk (ISX:DNET) Overvalued in 2026?
Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk stock appears to be overvalued.
The current stock price of Rp10,300.00 is trading 3.1% above its estimated GF Value™ of Rp9,993.07.
GuruFocus considers PT Indoritel Makmur Internasional Tbk to be Fairly Valued.
Key valuation signals for ISX:DNET:
ROC (Joel Greenblatt) %: 34.92% (39% below median its 10-year median of 57.20)
GF Value™: Rp9,993.07 vs. price of Rp10,300.00 (3.1% above fair value)
Industry Position: 133.1% above the Telecommunication Services median (#57 of 369)
No single metric tells the full story. See the ISX:DNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Indoritel Makmur Internasional Tbk Business Description
PT Indoritel Makmur Internasional Tbk is an investment holding company. The company, through its subsidiaries, is engaged in providing infrastructure through fiber optic media and serving telecommunication services ranging from data communication to interactive video, managing SDWAN services, and a variety of other Internet of Things (IoT) derivatives. Its segments are the Corporate segment, the Retail segment, and Others. It generates the majority of revenue from the Corporate segment. The Corporate Business Segment provides fiber-optic-based telecommunications data connection service products for business customers, such as Last Mile Solution, Fiberization, IP Transit, IEPL, MPLS, and DWDM, to other telecommunications operators and international customers.
84GF Score
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