PT Gajah Tunggal Tbk (ISX:GJTL) ROC (Joel Greenblatt) %: 15.48% (As of Jun. 2026) — 48% Above Median

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ISX:GJTL PT Gajah Tunggal Tbk ISX:GJTL
79 GF Score
Price Rp1,225.00
GF Value Rp1,132.26
Valuation Fairly Valued
! 4 Warning Signs
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What is PT Gajah Tunggal Tbk ROC (Joel Greenblatt) %?

PT Gajah Tunggal Tbk ISX:GJTL 79 ROC (Joel Greenblatt) % is 15.48% as of Jun. 2026, which is 48% above its 10-year median of 10.47. GuruFocus rates ISX:GJTL with a GF Score™ of 79/100 and a GF Value™ of Rp1,132.26 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,331 Vehicles & Parts companies, PT Gajah Tunggal Tbk ranks better than 61.38% 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 Gajah Tunggal Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 15.48%.

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

ISX:GJTL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.47   Med: 10.47   Max: 17.9
Current: 16.02

During the past 13 years, PT Gajah Tunggal Tbk's highest ROC (Joel Greenblatt) % was 17.90%. The lowest was 3.47%. And the median was 10.47%.

ISX:GJTL's ROC (Joel Greenblatt) % is ranked better than
61.38% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 12.07 vs ISX:GJTL: 16.02

PT Gajah Tunggal Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 19.60% per year.


PT Gajah Tunggal Tbk  (ISX:GJTL) 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 Gajah Tunggal Tbk ROC (Joel Greenblatt) % Related Terms


PT Gajah Tunggal Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT Gajah Tunggal 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 Gajah Tunggal Tbk ROC (Joel Greenblatt) % Chart

PT Gajah Tunggal 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 6.02 3.47 17.90 16.74 14.22

PT Gajah Tunggal 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 6.41 15.25 18.19 15.26 15.48

ISX:GJTL vs ORLY, AZO, GPC: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, PT Gajah Tunggal 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 Gajah Tunggal Tbk ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Gajah Tunggal Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ISX:GJTL
79GF Score
PT Gajah Tunggal Tbk ISX:GJTL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Gajah Tunggal 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)
=(4732117 + 2456029 + 233420) - (2815276 + 0 + 1342304)
=3263986

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5231647 + 2910172 + 279214) - (3389981 + 0 + 1460523)
=3570529

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Gajah Tunggal 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 )
=2435552/( ( (12082688 + max(3263986, 0)) + (12544371 + max(3570529, 0)) )/ 2 )
=2435552/( ( 15346674 + 16114900 )/ 2 )
=2435552/15730787
=15.48 %

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 15.48% mean?
PT Gajah Tunggal Tbk (ISX:GJTL) has a ROC (Joel Greenblatt) % of 15.48% 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 Gajah Tunggal Tbk and its competitors. This is 48% above median its historical median of 10.47. Over the past decade, PT Gajah Tunggal Tbk's ROC (Joel Greenblatt) % has ranged from 3.47 to 17.90. According to the industry distribution chart, PT Gajah Tunggal Tbk ranks #514 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 38.6%.
Is PT Gajah Tunggal Tbk's ROC (Joel Greenblatt) % too high?
PT Gajah Tunggal Tbk's current ROC (Joel Greenblatt) % of 15.48% is 48% above median its 10-year median of 10.47. Over the past 10 years, this metric has ranged from a low of 3.47 to a high of 17.90. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.07. PT Gajah Tunggal Tbk's value of 15.48% is 28.3% above this industry median. Based on the distribution chart, PT Gajah Tunggal Tbk ranks #514 out of 1331 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, PT Gajah Tunggal Tbk has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Gajah Tunggal Tbk's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, PT Gajah Tunggal Tbk ranks #514 out of 1331 companies for ROC (Joel Greenblatt) %. This puts PT Gajah Tunggal Tbk in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.07. PT Gajah Tunggal Tbk's value of 15.48% is 28.3% above this benchmark. Historically, PT Gajah Tunggal Tbk's own ROC (Joel Greenblatt) % has ranged from 3.47 to 17.90 over the past decade. While the company's 10-year median is 10.47 vs. the industry median of 12.07, PT Gajah Tunggal 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.07, based on 1,331 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 Gajah Tunggal Tbk's current ROC (Joel Greenblatt) % of 15.48% is 28.3% 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 Gajah Tunggal Tbk and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Gajah Tunggal Tbk's current ROC (Joel Greenblatt) % is 15.48%, which is 48% above median its own 10-year median of 10.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Gajah Tunggal Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Gajah Tunggal Tbk (ISX:GJTL) is currently considered Fairly Valued. The stock's GF Value™ is Rp1,132.26, compared to a current price of Rp1,225.00 — trading 8.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 15.48%, which is 48% above median its 10-year median of 10.47 and 28.3% above the Vehicles & Parts industry median of 12.07. PT Gajah Tunggal Tbk's overall GF Score™ is 79/100 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 Gajah Tunggal Tbk (ISX:GJTL), the current ROC (Joel Greenblatt) % is 15.48% 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 Gajah Tunggal Tbk (ISX:GJTL) Overvalued in 2026?

Based on GuruFocus' analysis, PT Gajah Tunggal Tbk stock appears to be overvalued. The current stock price of Rp1,225.00 is trading 8.2% above its estimated GF Value™ of Rp1,132.26. GuruFocus considers PT Gajah Tunggal Tbk to be Fairly Valued.

Key valuation signals for ISX:GJTL:

  • ROC (Joel Greenblatt) %: 15.48% (48% above median its 10-year median of 10.47)
  • GF Value™: Rp1,132.26 vs. price of Rp1,225.00 (8.2% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 28.3% above the Vehicles & Parts median (#514 of 1331)

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


PT Gajah Tunggal Tbk Business Description

Address Jalan Hayam Wuruk No. 8, Wisma Hayam Wuruk 10th Floor, Jakarta, IDN, 10120
PT Gajah Tunggal Tbk is a tire manufacturer in Indonesia. Its reportable segments are Manufacturing of tyre (tyre); Manufacturing of tyre cord (tyre cord); Manufacturing of synthetic rubber (synthetic rubber); Manufacturing of nylon yarn (nylon yarn); and Others. The tires are used for passenger and commercial vehicles, which include passenger cars, trucks, buses, motorcycles, and others.
79GF Score

Get the complete analysis for ISX:GJTL

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

Rp1,225.00
Price
Rp1,132.26
GF Value