GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » PT Indomobil Multi Jasa Tbk (ISX:IMJS) » Definitions » ROC (Joel Greenblatt) %

PT Indomobil Multi Jasa Tbk (ISX:IMJS) ROC (Joel Greenblatt) % : 8.16% (As of Dec. 2024)


View and export this data going back to 2013. Start your Free Trial

What is PT Indomobil Multi Jasa Tbk ROC (Joel Greenblatt) %?

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 Indomobil Multi Jasa Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 8.16%.

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

ISX:IMJS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.51   Med: 6.6   Max: 12.82
Current: 6.86

During the past 13 years, PT Indomobil Multi Jasa Tbk's highest ROC (Joel Greenblatt) % was 12.82%. The lowest was 1.51%. And the median was 6.60%.

ISX:IMJS's ROC (Joel Greenblatt) % is ranked worse than
67.54% of 573 companies
in the Conglomerates industry
Industry Median: 15 vs ISX:IMJS: 6.86

PT Indomobil Multi Jasa Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 27.60% per year.


PT Indomobil Multi Jasa Tbk ROC (Joel Greenblatt) % Historical Data

The historical data trend for PT Indomobil Multi Jasa 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.

* Premium members only.

PT Indomobil Multi Jasa Tbk ROC (Joel Greenblatt) % Chart

PT Indomobil Multi Jasa Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.89 4.40 6.88 6.92

PT Indomobil Multi Jasa Tbk Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 11.00 6.51 7.43 5.29 8.16

Competitive Comparison of PT Indomobil Multi Jasa Tbk's ROC (Joel Greenblatt) %

For the Conglomerates subindustry, PT Indomobil Multi Jasa 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 Indomobil Multi Jasa Tbk's ROC (Joel Greenblatt) % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, PT Indomobil Multi Jasa Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

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


;
;

PT Indomobil Multi Jasa 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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(599780.002 + 166529.789 + 4055709.657) - (624435.671 + 0 + 120731.948)
=4076851.829

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(525723 + 174773 + 3821782) - (696820 + 0 + 103377)
=3722081

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Indomobil Multi Jasa Tbk for the quarter that ended in Dec. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1146715.544/( ( (10099488.993 + max(4076851.829, 0)) + (10197513 + max(3722081, 0)) )/ 2 )
=1146715.544/( ( 14176340.822 + 13919594 )/ 2 )
=1146715.544/14047967.411
=8.16 %

Note: The EBIT data used here is four times the quarterly (Dec. 2024) 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.


PT Indomobil Multi Jasa Tbk  (ISX:IMJS) 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 Indomobil Multi Jasa Tbk ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of PT Indomobil Multi Jasa Tbk's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Indomobil Multi Jasa Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Letjen. M.T. Haryono Kav. 11, Indomobil Tower, 11th Floor, Jakarta Timur, Jakarta, IDN, 13330
PT Indomobil Multi Jasa Tbk is engaged in providing vehicle sales, after-sales service, vehicle financing, spare parts distribution for lndoParts, vehicle assembling, automotive parts/ component manufacturing, car rental services, and other related supporting services. The company holds various trademarks of international brands including Audi, Datsun, Foton, Hino, Infiniti, John Deere, Kalmar, Manitou, Nissan, Renault, Renault Trucks, SDLG, Suzuki, Volkswagen, Volvo Construction Equipment, Volvo Trucks, and Zoomlion. The company also provides financial services which include financing for motorcycles, new cars, used cars, and heavy equipment. Its segments are financing services as well as vehicle rental and related business.

PT Indomobil Multi Jasa Tbk Headlines

No Headlines