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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 IndoInternet Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 1.23%.
The historical rank and industry rank for PT IndoInternet Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:EDGE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.8 Med: 28.99 Max: 70.59
Current: 4.8
During the past 9 years, PT IndoInternet Tbk's highest ROC (Joel Greenblatt) % was 70.59%. The lowest was 4.80%. And the median was 28.99%.
ISX:EDGE's ROC (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 19.89
vs ISX:EDGE: 4.80
PT IndoInternet Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -31.40% 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.
PT IndoInternet Tbk ROC (Joel Greenblatt) % Related Terms
PT IndoInternet Tbk ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for PT IndoInternet 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:EDGE vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, PT IndoInternet 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 IndoInternet Tbk ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, PT IndoInternet Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT IndoInternet 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 (Jun. 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 1.23% mean?
PT IndoInternet Tbk (ISX:EDGE) has a ROC (Joel Greenblatt) % of 1.23% as of Jun. 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 IndoInternet Tbk and its competitors. This is 96% below median its historical median of 28.99. Over the past decade, PT IndoInternet Tbk's ROC (Joel Greenblatt) % has ranged from 4.80 to 70.59.
Is PT IndoInternet Tbk's ROC (Joel Greenblatt) % too high?
PT IndoInternet Tbk's current ROC (Joel Greenblatt) % of 1.23% is 96% below median its 10-year median of 28.99. Over the past 10 years, this metric has ranged from a low of 4.80 to a high of 70.59. The Software industry median ROC (Joel Greenblatt) % is 19.89. PT IndoInternet Tbk's value of 1.23% is 93.8% below this industry median. Overall, PT IndoInternet Tbk has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does PT IndoInternet Tbk's ROC (Joel Greenblatt) % compare to IBM and ACN?
PT IndoInternet Tbk's ROC (Joel Greenblatt) % of 1.23% can be compared against companies in the Software industry. The industry median ROC (Joel Greenblatt) % is 19.89. PT IndoInternet Tbk's value of 1.23% is 93.8% below this benchmark. Historically, PT IndoInternet Tbk's own ROC (Joel Greenblatt) % has ranged from 4.80 to 70.59 over the past decade. While the company's 10-year median is 28.99 vs. the industry median of 19.89, PT IndoInternet Tbk has consistently been below 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.89, based on 2,815 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 IndoInternet Tbk's current ROC (Joel Greenblatt) % of 1.23% is 93.8% below 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 IndoInternet Tbk and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT IndoInternet Tbk's current ROC (Joel Greenblatt) % is 1.23%, which is 96% below median its own 10-year median of 28.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT IndoInternet Tbk stock overvalued right now?
PT IndoInternet Tbk (ISX:EDGE) has a current ROC (Joel Greenblatt) % of 1.23%. The stock's GF Value™ is Rp3,685.36, compared to a current price of Rp4,790.00 — trading 30% above its estimated fair value. The current ROC (Joel Greenblatt) % is 1.23%, which is 96% below median its 10-year median of 28.99 and 93.8% below the Software industry median of 19.89. PT IndoInternet Tbk's overall GF Score™ is 75/100 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 IndoInternet Tbk (ISX:EDGE), the current ROC (Joel Greenblatt) % is 1.23% as of Jun. 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 IndoInternet Tbk (ISX:EDGE) Overvalued in 2026?
Based on GuruFocus' analysis, PT IndoInternet Tbk stock appears to be overvalued.
The current stock price of Rp4,790.00 is trading 30% above its estimated GF Value™ of Rp3,685.36.
Key valuation signals for ISX:EDGE:
ROC (Joel Greenblatt) %: 1.23% (96% below median its 10-year median of 28.99)
GF Value™: Rp3,685.36 vs. price of Rp4,790.00 (30% above fair value)
Industry Position: 93.8% below the Software median
No single metric tells the full story. See the ISX:EDGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT IndoInternet Tbk is a digital infrastructure provider in Indonesia. The company engages in the telecommunications business, information service activities, programming activities, computer consulting, and other related business activities. Its business includes Internet Service Provider (ISP), cable telecommunications, hosting, and any activities related hereto, computer consulting and management of other computer facilities, and satellite telecommunications activities. In addition, the company also carries out supporting business activities through holding company activities. Its segments include Connectivity, Data center, Cloud services, and Other services. It derives the majority of the revenue from the data center segment.
75GF Score
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