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PT Erajaya Swasembada TbkISX:ERAA 99 ROC (Joel Greenblatt) % is 19.33% as of Jun. 2026, which is 24% below its 10-year median of 25.42. GuruFocus rates ISX:ERAA with a GF Score™ of 99/100 and a GF Value™ of Rp539.35 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,132 Retail - Cyclical companies, PT Erajaya Swasembada Tbk ranks better than 66.96% 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 Erajaya Swasembada Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 19.33%.
The historical rank and industry rank for PT Erajaya Swasembada Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:ERAA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.1 Med: 25.42 Max: 38.66
Current: 21.39
During the past 13 years, PT Erajaya Swasembada Tbk's highest ROC (Joel Greenblatt) % was 38.66%. The lowest was 14.10%. And the median was 25.42%.
ISX:ERAA's ROC (Joel Greenblatt) % is ranked better than 66.96% of 1132
companies
in the Retail - Cyclical industry
Industry Median: 11.62
vs ISX:ERAA: 21.39
PT Erajaya Swasembada Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.90% 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 Erajaya Swasembada Tbk ROC (Joel Greenblatt) % Related Terms
PT Erajaya Swasembada Tbk ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for PT Erajaya Swasembada 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:ERAA vs CASY, WSM, ULTA: ROC (Joel Greenblatt) % Comparison
For the Specialty Retail subindustry, PT Erajaya Swasembada 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 Erajaya Swasembada Tbk ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, PT Erajaya Swasembada Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Erajaya Swasembada 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 19.33% mean?
PT Erajaya Swasembada Tbk (ISX:ERAA) has a ROC (Joel Greenblatt) % of 19.33% 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 Erajaya Swasembada Tbk and its competitors. This is 24% below median its historical median of 25.42. Over the past decade, PT Erajaya Swasembada Tbk's ROC (Joel Greenblatt) % has ranged from 14.10 to 38.66. According to the industry distribution chart, PT Erajaya Swasembada Tbk ranks #374 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 33%.
Is PT Erajaya Swasembada Tbk's ROC (Joel Greenblatt) % too high?
PT Erajaya Swasembada Tbk's current ROC (Joel Greenblatt) % of 19.33% is 24% below median its 10-year median of 25.42. Over the past 10 years, this metric has ranged from a low of 14.10 to a high of 38.66. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.62. PT Erajaya Swasembada Tbk's value of 19.33% is 66.4% above this industry median. Based on the distribution chart, PT Erajaya Swasembada Tbk ranks #374 out of 1132 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, PT Erajaya Swasembada Tbk has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Erajaya Swasembada Tbk's ROC (Joel Greenblatt) % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, PT Erajaya Swasembada Tbk ranks #374 out of 1132 companies for ROC (Joel Greenblatt) %. This puts PT Erajaya Swasembada Tbk in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.62. PT Erajaya Swasembada Tbk's value of 19.33% is 66.4% above this benchmark. Historically, PT Erajaya Swasembada Tbk's own ROC (Joel Greenblatt) % has ranged from 14.10 to 38.66 over the past decade. While the company's 10-year median is 25.42 vs. the industry median of 11.62, PT Erajaya Swasembada 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.62, based on 1,132 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 Erajaya Swasembada Tbk's current ROC (Joel Greenblatt) % of 19.33% is 66.4% 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 Erajaya Swasembada Tbk and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Erajaya Swasembada Tbk's current ROC (Joel Greenblatt) % is 19.33%, which is 24% below median its own 10-year median of 25.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Erajaya Swasembada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Erajaya Swasembada Tbk (ISX:ERAA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp539.35, compared to a current price of Rp456.00 — trading 15.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 19.33%, which is 24% below median its 10-year median of 25.42 and 66.4% above the Retail - Cyclical industry median of 11.62. PT Erajaya Swasembada Tbk's overall GF Score™ is 99/100 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 Erajaya Swasembada Tbk (ISX:ERAA), the current ROC (Joel Greenblatt) % is 19.33% 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 Erajaya Swasembada Tbk (ISX:ERAA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Erajaya Swasembada Tbk stock appears to be undervalued.
The current stock price of Rp456.00 is trading 15.5% below its estimated GF Value™ of Rp539.35.
GuruFocus considers PT Erajaya Swasembada Tbk to be Modestly Undervalued.
Key valuation signals for ISX:ERAA:
ROC (Joel Greenblatt) %: 19.33% (24% below median its 10-year median of 25.42)
GF Value™: Rp539.35 vs. price of Rp456.00 (15.5% below fair value)
Industry Position: 66.4% above the Retail - Cyclical median (#374 of 1132)
No single metric tells the full story. See the ISX:ERAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Erajaya Swasembada Tbk its activities comprises, among others, large trading, activities and services; and industry. The main activities includes distribution and trading of telecommunication equipment such as cellular phones, Subscriber Identity Module Card (SIM), vouchers for cell phone, computer and other electronic devices, property business, providing information technology system, managing service and customer relationship, trading of medical equipment, trading of pharmacy products, trading of cosmetics, food and beverage and restaurant. Its segments are Cellular phones and tablet, Operator products, Computer & other electronic devices, Accessories and others of which majority of revenue comes from Cellular phones and tablets. Geographically majority of sales is from Central area.
99GF Score
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