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PT Meratus Jasa Prima TbkISX:KARW 64 ROC (Joel Greenblatt) % is 11.37% as of Jun. 2026, which is 138% above its 10-year median of 4.77. GuruFocus rates ISX:KARW with a GF Score™ of 64/100 and a GF Value™ of Rp451.56 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,000 Transportation companies, PT Meratus Jasa Prima Tbk ranks worse than 83.9% 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 Meratus Jasa Prima Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 11.37%.
The historical rank and industry rank for PT Meratus Jasa Prima Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:KARW'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.33 Med: 4.77 Max: 16.02
Current: 1.6
During the past 13 years, PT Meratus Jasa Prima Tbk's highest ROC (Joel Greenblatt) % was 16.02%. The lowest was -4.33%. And the median was 4.77%.
ISX:KARW's ROC (Joel Greenblatt) % is ranked worse than 83.9% of 1000
companies
in the Transportation industry
Industry Median: 11.76
vs ISX:KARW: 1.60
PT Meratus Jasa Prima Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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 Meratus Jasa Prima Tbk ROC (Joel Greenblatt) % Related Terms
PT Meratus Jasa Prima Tbk ROC (Joel Greenblatt) % Historical Data
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The historical data trend for PT Meratus Jasa Prima 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 Meratus Jasa Prima Tbk ROC (Joel Greenblatt) % Chart
For the Marine Shipping subindustry, PT Meratus Jasa Prima 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 Meratus Jasa Prima Tbk ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, PT Meratus Jasa Prima Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Meratus Jasa Prima Tbk's ROC (Joel Greenblatt) % falls into.
PT Meratus Jasa Prima 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 (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 11.37% mean?
PT Meratus Jasa Prima Tbk (ISX:KARW) has a ROC (Joel Greenblatt) % of 11.37% 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 Meratus Jasa Prima Tbk and its competitors. This is 138% above median its historical median of 4.77. According to the industry distribution chart, PT Meratus Jasa Prima Tbk ranks #839 out of 1000 companies in the Transportation industry, placing it in the top 83.9%.
Is PT Meratus Jasa Prima Tbk's ROC (Joel Greenblatt) % too high?
PT Meratus Jasa Prima Tbk's current ROC (Joel Greenblatt) % of 11.37% is 138% above median its 10-year median of 4.77. The Transportation industry median ROC (Joel Greenblatt) % is 11.76. PT Meratus Jasa Prima Tbk's value of 11.37% is 3.3% below this industry median. Based on the distribution chart, PT Meratus Jasa Prima Tbk ranks #839 out of 1000 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, PT Meratus Jasa Prima Tbk has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Meratus Jasa Prima Tbk's ROC (Joel Greenblatt) % compare to competitors?
According to the Transportation industry distribution chart, PT Meratus Jasa Prima Tbk ranks #839 out of 1000 companies for ROC (Joel Greenblatt) %. This places PT Meratus Jasa Prima Tbk in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.76. PT Meratus Jasa Prima Tbk's value of 11.37% is 3.3% below this benchmark. While the company's 10-year median is 4.77 vs. the industry median of 11.76, PT Meratus Jasa Prima 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.76, based on 1,000 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 Meratus Jasa Prima Tbk's current ROC (Joel Greenblatt) % of 11.37% is 3.3% 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 Meratus Jasa Prima Tbk and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Meratus Jasa Prima Tbk's current ROC (Joel Greenblatt) % is 11.37%, which is 138% above median its own 10-year median of 4.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Meratus Jasa Prima Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Meratus Jasa Prima Tbk (ISX:KARW) is currently considered Possible Value Trap. The stock's GF Value™ is Rp451.56, compared to a current price of Rp212.00 — trading 53.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 11.37%, which is 138% above median its 10-year median of 4.77 and 3.3% below the Transportation industry median of 11.76. PT Meratus Jasa Prima Tbk's overall GF Score™ is 64/100 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 Meratus Jasa Prima Tbk (ISX:KARW), the current ROC (Joel Greenblatt) % is 11.37% 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 Meratus Jasa Prima Tbk (ISX:KARW) Overvalued in 2026?
Based on GuruFocus' analysis, PT Meratus Jasa Prima Tbk stock appears to be undervalued.
The current stock price of Rp212.00 is trading 53.1% below its estimated GF Value™ of Rp451.56.
GuruFocus considers PT Meratus Jasa Prima Tbk to be Possible Value Trap.
Key valuation signals for ISX:KARW:
ROC (Joel Greenblatt) %: 11.37% (138% above median its 10-year median of 4.77)
GF Value™: Rp451.56 vs. price of Rp212.00 (53.1% below fair value)
Industry Position: 3.3% below the Transportation median (#839 of 1000)
No single metric tells the full story. See the ISX:KARW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Meratus Jasa Prima Tbk is engaged in transportation consulting activities. The company also engages in supporting business activities in the scope of construction of non-fishery port buildings, dredging, cold storage activities, sea port service activities, wholesale trade in sea transportation equipment, parts and supplies. Its products and services include the management and operation of stevedoring equipment at Terminals 300, 301, 302, and 303 of Tanjung Priok Port to support container handling activities. These services also cover cargodoring, lift on/lift off, and trucking, in accordance with the applicable systems and procedures at port. It operates in single segment of stevedoring services in Port of Tanjung Priok, Jakarta.
64GF Score
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