PT MDS Retailing Tbk (ISX:LPPF) ROC (Joel Greenblatt) %: 151.24% (As of Mar. 2026) — 205% Above Median

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ISX:LPPF PT MDS Retailing Tbk ISX:LPPF
72 GF Score
Price Rp1,530.00
GF Value Rp1,253.60
Valuation Modestly Overvalued
! 3 Warning Signs
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What is PT MDS Retailing Tbk ROC (Joel Greenblatt) %?

PT MDS Retailing Tbk ISX:LPPF -1.29% 72 ROC (Joel Greenblatt) % is 151.24% as of Mar. 2026, which is 205% above its 10-year median of 49.53. GuruFocus rates ISX:LPPF with a GF Score™ of 72/100 and a GF Value™ of Rp1,253.60 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,129 Retail - Cyclical companies, PT MDS Retailing Tbk ranks better than 86.98% 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 MDS Retailing Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 151.24%.

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

ISX:LPPF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -33.67   Med: 49.53   Max: 258.92
Current: 49.02

During the past 13 years, PT MDS Retailing Tbk's highest ROC (Joel Greenblatt) % was 258.92%. The lowest was -33.67%. And the median was 49.53%.

ISX:LPPF's ROC (Joel Greenblatt) % is ranked better than
86.98% of 1129 companies
in the Retail - Cyclical industry
Industry Median: 11.63 vs ISX:LPPF: 49.02

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


PT MDS Retailing Tbk  (ISX:LPPF) 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 MDS Retailing Tbk ROC (Joel Greenblatt) % Related Terms


PT MDS Retailing Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT MDS Retailing 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 MDS Retailing Tbk ROC (Joel Greenblatt) % Chart

PT MDS Retailing 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 33.07 55.73 35.88 42.63 43.33

PT MDS Retailing Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 126.75 2.84 9.51 35.20 151.24

ISX:LPPF vs DDS, M: ROC (Joel Greenblatt) % Comparison

For the Department Stores subindustry, PT MDS Retailing 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 MDS Retailing Tbk ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT MDS Retailing Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ISX:LPPF
72GF Score
PT MDS Retailing Tbk ISX:LPPF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT MDS Retailing 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27054 + 954753 + 183776) - (1503959 + 0 + 451818)
=-790194

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19481 + 793841 + 110125) - (2557050 + 0 + 477077)
=-2110680

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT MDS Retailing Tbk for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3630356/( ( (2475800 + max(-790194, 0)) + (2324956 + max(-2110680, 0)) )/ 2 )
=3630356/( ( 2475800 + 2324956 )/ 2 )
=3630356/2400378
=151.24 %

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 151.24% mean?
PT MDS Retailing Tbk (ISX:LPPF) has a ROC (Joel Greenblatt) % of 151.24% 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 MDS Retailing Tbk and its competitors. This is 205% above median its historical median of 49.53. According to the industry distribution chart, PT MDS Retailing Tbk ranks #147 out of 1129 companies in the Retail - Cyclical industry, placing it in the top 13%.
Is PT MDS Retailing Tbk's ROC (Joel Greenblatt) % too high?
PT MDS Retailing Tbk's current ROC (Joel Greenblatt) % of 151.24% is 205% above median its 10-year median of 49.53. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.63. PT MDS Retailing Tbk's value of 151.24% is 1200.4% above this industry median. Based on the distribution chart, PT MDS Retailing Tbk ranks #147 out of 1129 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, PT MDS Retailing Tbk has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT MDS Retailing Tbk's ROC (Joel Greenblatt) % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, PT MDS Retailing Tbk ranks #147 out of 1129 companies for ROC (Joel Greenblatt) %. This places PT MDS Retailing Tbk in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.63. PT MDS Retailing Tbk's value of 151.24% is 1200.4% above this benchmark. While the company's 10-year median is 49.53 vs. the industry median of 11.63, PT MDS Retailing 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 - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.63, based on 1,129 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 MDS Retailing Tbk's current ROC (Joel Greenblatt) % of 151.24% is 1200.4% 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 MDS Retailing Tbk and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT MDS Retailing Tbk's current ROC (Joel Greenblatt) % is 151.24%, which is 205% above median its own 10-year median of 49.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT MDS Retailing Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT MDS Retailing Tbk (ISX:LPPF) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp1,253.60, compared to a current price of Rp1,530.00 — trading 22% above its estimated fair value. The current ROC (Joel Greenblatt) % is 151.24%, which is 205% above median its 10-year median of 49.53 and 1200.4% above the Retail - Cyclical industry median of 11.63. PT MDS Retailing Tbk's overall GF Score™ is 72/100 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 MDS Retailing Tbk (ISX:LPPF), the current ROC (Joel Greenblatt) % is 151.24% 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 MDS Retailing Tbk (ISX:LPPF) Overvalued in 2026?

Based on GuruFocus' analysis, PT MDS Retailing Tbk stock appears to be overvalued. The current stock price of Rp1,530.00 is trading 22% above its estimated GF Value™ of Rp1,253.60. GuruFocus considers PT MDS Retailing Tbk to be Modestly Overvalued.

Key valuation signals for ISX:LPPF:

  • ROC (Joel Greenblatt) %: 151.24% (205% above median its 10-year median of 49.53)
  • GF Value™: Rp1,253.60 vs. price of Rp1,530.00 (22% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 1200.4% above the Retail - Cyclical median (#147 of 1129)

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


PT MDS Retailing Tbk Business Description

Address Jalan Bulevar Palem Raya No. 7, Karawaci, Menara Matahari 12th Floor, Lippo Village, Tangerang, IDN, 15811
PT MDS Retailing Tbk is an Indonesia-based retail company that operates a national chain of department stores and online channels under the Matahari brand. Its portfolio also includes: SUKO, ZES, and MU+KU, and a portfolio of private label brands, including Nevada, COLE, Connexion, Little M, and others. These brands cover a range of apparel categories, from casual and family essentials to more fashion-forward and contemporary styles.
72GF Score

Get the complete analysis for ISX:LPPF

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

Rp1,530.00
Price
Rp1,253.60
GF Value