PT Gunung Raja Paksi Tbk (ISX:GGRP) ROC (Joel Greenblatt) %: 2.17% (As of Jun. 2026) — 46% Below Median

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ISX:GGRP PT Gunung Raja Paksi Tbk ISX:GGRP
62 GF Score
Price Rp304.00
GF Value Rp206.59
Valuation Significantly Overvalued
! 3 Warning Signs
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What is PT Gunung Raja Paksi Tbk ROC (Joel Greenblatt) %?

PT Gunung Raja Paksi Tbk ISX:GGRP +1.33% 62 ROC (Joel Greenblatt) % is 2.17% as of Jun. 2026, which is 46% below its 10-year median of 4.00. GuruFocus rates ISX:GGRP with a GF Score™ of 62/100 and a GF Value™ of Rp206.59 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 632 Steel companies, PT Gunung Raja Paksi Tbk ranks worse than 87.03% 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 Gunung Raja Paksi Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 2.17%.

The historical rank and industry rank for PT Gunung Raja Paksi Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:

ISX:GGRP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.74   Med: 4   Max: 10.52
Current: -3.07

During the past 10 years, PT Gunung Raja Paksi Tbk's highest ROC (Joel Greenblatt) % was 10.52%. The lowest was -7.74%. And the median was 4.00%.

ISX:GGRP's ROC (Joel Greenblatt) % is ranked worse than
87.03% of 632 companies
in the Steel industry
Industry Median: 7.345 vs ISX:GGRP: -3.07

PT Gunung Raja Paksi Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


PT Gunung Raja Paksi Tbk  (ISX:GGRP) ROC (Joel Greenblatt) % Explanation

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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


PT Gunung Raja Paksi Tbk ROC (Joel Greenblatt) % Related Terms


PT Gunung Raja Paksi Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT Gunung Raja Paksi 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 Gunung Raja Paksi Tbk ROC (Joel Greenblatt) % Chart

PT Gunung Raja Paksi Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.52 10.23 2.17 3.19 -7.74

PT Gunung Raja Paksi Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.75 -8.45 -9.41 1.82 2.17

ISX:GGRP vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison

For the Steel subindustry, PT Gunung Raja Paksi 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 Gunung Raja Paksi Tbk ROC (Joel Greenblatt) % vs Steel Industry

For the Steel industry and Basic Materials sector, PT Gunung Raja Paksi Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PT Gunung Raja Paksi Tbk's ROC (Joel Greenblatt) % falls into.


ISX:GGRP
62GF Score
PT Gunung Raja Paksi Tbk ISX:GGRP
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Gunung Raja Paksi 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(46234.065 + 1863176.963 + 350810.068) - (430225.668 + 0 + 271462.189)
=1558533.239

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(81648.23 + 3123506.162 + 1355410.785) - (1157211.812 + 0 + 353755.246)
=3049598.119

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Gunung Raja Paksi Tbk for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=250552.744/( ( (8934821.988 + max(1558533.239, 0)) + (9519302.093 + max(3049598.119, 0)) )/ 2 )
=250552.744/( ( 10493355.227 + 12568900.212 )/ 2 )
=250552.744/11531127.7195
=2.17 %

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 2.17% mean?
PT Gunung Raja Paksi Tbk (ISX:GGRP) has a ROC (Joel Greenblatt) % of 2.17% 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 Gunung Raja Paksi Tbk and its competitors. This is 46% below median its historical median of 4.00. According to the industry distribution chart, PT Gunung Raja Paksi Tbk ranks #550 out of 632 companies in the Steel industry, placing it in the top 87%.
Is PT Gunung Raja Paksi Tbk's ROC (Joel Greenblatt) % too high?
PT Gunung Raja Paksi Tbk's current ROC (Joel Greenblatt) % of 2.17% is 46% below median its 10-year median of 4.00. The Steel industry median ROC (Joel Greenblatt) % is 7.35. PT Gunung Raja Paksi Tbk's value of 2.17% is 70.5% below this industry median. Based on the distribution chart, PT Gunung Raja Paksi Tbk ranks #550 out of 632 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, PT Gunung Raja Paksi Tbk has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Gunung Raja Paksi Tbk's ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, PT Gunung Raja Paksi Tbk ranks #550 out of 632 companies for ROC (Joel Greenblatt) %. This places PT Gunung Raja Paksi Tbk in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 7.35. PT Gunung Raja Paksi Tbk's value of 2.17% is 70.5% below this benchmark. While the company's 10-year median is 4.00 vs. the industry median of 7.35, PT Gunung Raja Paksi 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 7.35, based on 632 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 Gunung Raja Paksi Tbk's current ROC (Joel Greenblatt) % of 2.17% is 70.5% 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 Gunung Raja Paksi Tbk and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 7.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Gunung Raja Paksi Tbk's current ROC (Joel Greenblatt) % is 2.17%, which is 46% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Gunung Raja Paksi Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Gunung Raja Paksi Tbk (ISX:GGRP) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp206.59, compared to a current price of Rp304.00 — trading 47.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 2.17%, which is 46% below median its 10-year median of 4.00 and 70.5% below the Steel industry median of 7.35. PT Gunung Raja Paksi Tbk's overall GF Score™ is 62/100 with 3 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 Gunung Raja Paksi Tbk (ISX:GGRP), the current ROC (Joel Greenblatt) % is 2.17% 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 Gunung Raja Paksi Tbk (ISX:GGRP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Gunung Raja Paksi Tbk stock appears to be overvalued. The current stock price of Rp304.00 is trading 47.2% above its estimated GF Value™ of Rp206.59. GuruFocus considers PT Gunung Raja Paksi Tbk to be Significantly Overvalued.

Key valuation signals for ISX:GGRP:

  • ROC (Joel Greenblatt) %: 2.17% (46% below median its 10-year median of 4.00)
  • GF Value™: Rp206.59 vs. price of Rp304.00 (47.2% above fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 70.5% below the Steel median (#550 of 632)

No single metric tells the full story. See the ISX:GGRP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Gunung Raja Paksi Tbk Business Description

Address Jalan Perjuangan No. 15, RT 006/RW 007, Kp. Tangsi, Desa Sukadanau, Kecamatan Cikarang Barat, Kabupaten Bekas, Bekasi, IDN, 17530
PT Gunung Raja Paksi Tbk is an Indonesia-based company engaged in the production of flat steel products consisting of plates (sheets) and coils. Its products and service offerings include steel plates, hot rolled coils, steel pipes, welded beams, steel coil plates, plate and coil servicing, among others. The company's operating segments are based on the geographical market, consisting of local and export markets. A majority of its revenue is generated from the local market.
62GF Score

Get the complete analysis for ISX:GGRP

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp304.00
Price
Rp206.59
GF Value