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PT Midi Utama Indonesia TbkISX:MIDI -1.39%88 ROC (Joel Greenblatt) % is 23.08% as of Jun. 2026, which is 32% above its 10-year median of 17.50. GuruFocus rates ISX:MIDI with a GF Score™ of 88/100 and a GF Value™ of Rp460.61 (Significantly Undervalued). Among 309 Retail - Defensive companies, PT Midi Utama Indonesia Tbk ranks better than 73.46% 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 Midi Utama Indonesia Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 23.08%.
The historical rank and industry rank for PT Midi Utama Indonesia Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:MIDI'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.32 Med: 17.5 Max: 27.67
Current: 23.69
During the past 13 years, PT Midi Utama Indonesia Tbk's highest ROC (Joel Greenblatt) % was 27.67%. The lowest was 13.32%. And the median was 17.50%.
ISX:MIDI's ROC (Joel Greenblatt) % is ranked better than 73.46% of 309
companies
in the Retail - Defensive industry
Industry Median: 13.46
vs ISX:MIDI: 23.69
PT Midi Utama Indonesia Tbk (ISX:MIDI) 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.
* 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 Midi Utama Indonesia Tbk ROC (Joel Greenblatt) % Chart
ISX:MIDI vs KR, SFM: ROC (Joel Greenblatt) % Comparison
For the Grocery Stores subindustry, PT Midi Utama Indonesia 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 Midi Utama Indonesia Tbk ROC (Joel Greenblatt) % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, PT Midi Utama Indonesia Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Midi Utama Indonesia Tbk's ROC (Joel Greenblatt) % falls into.
PT Midi Utama Indonesia 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 23.08% mean?
PT Midi Utama Indonesia Tbk (ISX:MIDI) has a ROC (Joel Greenblatt) % of 23.08% 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 Midi Utama Indonesia Tbk and its competitors. This is 32% above median its historical median of 17.50. Over the past decade, PT Midi Utama Indonesia Tbk's ROC (Joel Greenblatt) % has ranged from 13.32 to 27.67. According to the industry distribution chart, PT Midi Utama Indonesia Tbk ranks #82 out of 309 companies in the Retail - Defensive industry, placing it in the top 26.5%.
Is PT Midi Utama Indonesia Tbk's ROC (Joel Greenblatt) % too high?
PT Midi Utama Indonesia Tbk's current ROC (Joel Greenblatt) % of 23.08% is 32% above median its 10-year median of 17.50. Over the past 10 years, this metric has ranged from a low of 13.32 to a high of 27.67. The Retail - Defensive industry median ROC (Joel Greenblatt) % is 13.46. PT Midi Utama Indonesia Tbk's value of 23.08% is 71.5% above this industry median. Based on the distribution chart, PT Midi Utama Indonesia Tbk ranks #82 out of 309 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, PT Midi Utama Indonesia Tbk has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Midi Utama Indonesia Tbk's ROC (Joel Greenblatt) % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, PT Midi Utama Indonesia Tbk ranks #82 out of 309 companies for ROC (Joel Greenblatt) %. This puts PT Midi Utama Indonesia Tbk in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 13.46. PT Midi Utama Indonesia Tbk's value of 23.08% is 71.5% above this benchmark. Historically, PT Midi Utama Indonesia Tbk's own ROC (Joel Greenblatt) % has ranged from 13.32 to 27.67 over the past decade. While the company's 10-year median is 17.50 vs. the industry median of 13.46, PT Midi Utama Indonesia 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 - Defensive company?
The median ROC (Joel Greenblatt) % among Retail - Defensive companies is 13.46, based on 309 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 Midi Utama Indonesia Tbk's current ROC (Joel Greenblatt) % of 23.08% is 71.5% 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 Midi Utama Indonesia Tbk and its competitors. For the Retail - Defensive industry, the median ROC (Joel Greenblatt) % is 13.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Midi Utama Indonesia Tbk's current ROC (Joel Greenblatt) % is 23.08%, which is 32% above median its own 10-year median of 17.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Midi Utama Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Midi Utama Indonesia Tbk (ISX:MIDI) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp460.61, compared to a current price of Rp284.00 — trading 38.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 23.08%, which is 32% above median its 10-year median of 17.50 and 71.5% above the Retail - Defensive industry median of 13.46. PT Midi Utama Indonesia Tbk's overall GF Score™ is 88/100. 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 Midi Utama Indonesia Tbk (ISX:MIDI), the current ROC (Joel Greenblatt) % is 23.08% 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 Midi Utama Indonesia Tbk (ISX:MIDI) Overvalued in 2026?
Based on GuruFocus' analysis, PT Midi Utama Indonesia Tbk stock appears to be undervalued.
The current stock price of Rp284.00 is trading 38.3% below its estimated GF Value™ of Rp460.61.
GuruFocus considers PT Midi Utama Indonesia Tbk to be Significantly Undervalued.
Key valuation signals for ISX:MIDI:
ROC (Joel Greenblatt) %: 23.08% (32% above median its 10-year median of 17.50)
GF Value™: Rp460.61 vs. price of Rp284.00 (38.3% below fair value)
Industry Position: 71.5% above the Retail - Defensive median (#82 of 309)
No single metric tells the full story. See the ISX:MIDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Midi Utama Indonesia Tbk is engaged in retail trading for consumer products. It operates under the business segments of Food, Fresh Food, and Non-Food items through minimarkets networks under the Alfamidi and Alfaexpress names, convenience stores under the Lawson name, and supermarket network under the Alfamidi Super name. The company designs its segment based on the location of warehouses which are situated in Jabodetabek, Java - excluding Jabodetabek, and excluding Java. The company generates the majority of its revenue from Jabodetabek. Product-wise, it generates the majority of its revenue from the sale of Food.
88GF Score
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