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PT FKS Multi Agro TbkISX:FISH -2.36%67 ROC (Joel Greenblatt) % is 22.96% as of Mar. 2026, which is 25% above its 10-year median of 18.30. GuruFocus rates ISX:FISH with a GF Score™ of 67/100 and a GF Value™ of Rp760.44 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 311 Retail - Defensive companies, PT FKS Multi Agro Tbk ranks better than 50.8% 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 FKS Multi Agro Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.96%.
The historical rank and industry rank for PT FKS Multi Agro Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:FISH'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.67 Med: 18.3 Max: 29.07
Current: 13.75
During the past 13 years, PT FKS Multi Agro Tbk's highest ROC (Joel Greenblatt) % was 29.07%. The lowest was 10.67%. And the median was 18.30%.
ISX:FISH's ROC (Joel Greenblatt) % is ranked better than 50.8% of 311
companies
in the Retail - Defensive industry
Industry Median: 13.46
vs ISX:FISH: 13.75
PT FKS Multi Agro Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -11.30% 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 FKS Multi Agro Tbk ROC (Joel Greenblatt) % Related Terms
PT FKS Multi Agro Tbk ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for PT FKS Multi Agro 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.
PT FKS Multi Agro Tbk ROC (Joel Greenblatt) % Chart
ISX:FISH vs ADM, BG, TSN: ROC (Joel Greenblatt) % Comparison
For the Food Distribution subindustry, PT FKS Multi Agro 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 FKS Multi Agro Tbk ROC (Joel Greenblatt) % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, PT FKS Multi Agro Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT FKS Multi Agro Tbk's ROC (Joel Greenblatt) % falls into.
PT FKS Multi Agro 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 22.96% mean?
PT FKS Multi Agro Tbk (ISX:FISH) has a ROC (Joel Greenblatt) % of 22.96% 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 FKS Multi Agro Tbk and its competitors. This is 25% above median its historical median of 18.30. Over the past decade, PT FKS Multi Agro Tbk's ROC (Joel Greenblatt) % has ranged from 10.67 to 29.07. According to the industry distribution chart, PT FKS Multi Agro Tbk ranks #153 out of 311 companies in the Retail - Defensive industry, placing it in the top 49.2%.
Is PT FKS Multi Agro Tbk's ROC (Joel Greenblatt) % too high?
PT FKS Multi Agro Tbk's current ROC (Joel Greenblatt) % of 22.96% is 25% above median its 10-year median of 18.30. Over the past 10 years, this metric has ranged from a low of 10.67 to a high of 29.07. The Retail - Defensive industry median ROC (Joel Greenblatt) % is 13.46. PT FKS Multi Agro Tbk's value of 22.96% is 70.6% above this industry median. Based on the distribution chart, PT FKS Multi Agro Tbk ranks #153 out of 311 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, PT FKS Multi Agro Tbk has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT FKS Multi Agro Tbk's ROC (Joel Greenblatt) % compare to ADM and BG?
According to the Retail - Defensive industry distribution chart, PT FKS Multi Agro Tbk ranks #153 out of 311 companies for ROC (Joel Greenblatt) %. This puts PT FKS Multi Agro Tbk in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 13.46. PT FKS Multi Agro Tbk's value of 22.96% is 70.6% above this benchmark. Historically, PT FKS Multi Agro Tbk's own ROC (Joel Greenblatt) % has ranged from 10.67 to 29.07 over the past decade. While the company's 10-year median is 18.30 vs. the industry median of 13.46, PT FKS Multi Agro 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 - Defensive company?
The median ROC (Joel Greenblatt) % among Retail - Defensive companies is 13.46, based on 311 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 FKS Multi Agro Tbk's current ROC (Joel Greenblatt) % of 22.96% is 70.6% 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 FKS Multi Agro Tbk and its competitors. For the Retail - Defensive industry, the median ROC (Joel Greenblatt) % is 13.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT FKS Multi Agro Tbk's current ROC (Joel Greenblatt) % is 22.96%, which is 25% above median its own 10-year median of 18.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT FKS Multi Agro Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT FKS Multi Agro Tbk (ISX:FISH) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp760.44, compared to a current price of Rp620.00 — trading 18.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 22.96%, which is 25% above median its 10-year median of 18.30 and 70.6% above the Retail - Defensive industry median of 13.46. PT FKS Multi Agro Tbk's overall GF Score™ is 67/100 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 FKS Multi Agro Tbk (ISX:FISH), the current ROC (Joel Greenblatt) % is 22.96% 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 FKS Multi Agro Tbk (ISX:FISH) Overvalued in 2026?
Based on GuruFocus' analysis, PT FKS Multi Agro Tbk stock appears to be undervalued.
The current stock price of Rp620.00 is trading 18.5% below its estimated GF Value™ of Rp760.44.
GuruFocus considers PT FKS Multi Agro Tbk to be Modestly Undervalued.
Key valuation signals for ISX:FISH:
ROC (Joel Greenblatt) %: 22.96% (25% above median its 10-year median of 18.30)
GF Value™: Rp760.44 vs. price of Rp620.00 (18.5% below fair value)
Industry Position: 70.6% above the Retail - Defensive median (#153 of 311)
No single metric tells the full story. See the ISX:FISH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT FKS Multi Agro Tbk is engaged in the distribution and trading of grains, oilseeds, and feed ingredients. It supplies oilseed meals, animal protein meals, and co-products of grain milling for the animal feed industry. The company deals with food products such as rice, soybeans, and cooking oil. In addition, the company also provides a logistics solution for the importation and distribution of dry bulk commodities. The group's business activities are classified into three business segments, consisting of Trading and distribution, Manufacturing and logistics, of which the majority of the revenue is derived from the Trading and distribution segment. The organization generates key revenue from Indonesia.
67GF Score
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