PT Mitra Keluarga Karyasehat Tbk (ISX:MIKA) ROC (Joel Greenblatt) %: 34.50% (As of Mar. 2026) — 15% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:MIKA PT Mitra Keluarga Karyasehat Tbk ISX:MIKA
82 GF Score
Price Rp1,750.00
GF Value Rp3,258.88
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is PT Mitra Keluarga Karyasehat Tbk ROC (Joel Greenblatt) %?

PT Mitra Keluarga Karyasehat Tbk ISX:MIKA -0.57% 82 ROC (Joel Greenblatt) % is 34.50% as of Mar. 2026, which is 15% below its 10-year median of 40.45. GuruFocus rates ISX:MIKA with a GF Score™ of 82/100 and a GF Value™ of Rp3,258.88 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 667 Healthcare Providers & Services companies, PT Mitra Keluarga Karyasehat Tbk ranks better than 78.56% 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 Mitra Keluarga Karyasehat Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 34.50%.

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

ISX:MIKA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 31.86   Med: 40.45   Max: 81.43
Current: 38.45

During the past 13 years, PT Mitra Keluarga Karyasehat Tbk's highest ROC (Joel Greenblatt) % was 81.43%. The lowest was 31.86%. And the median was 40.45%.

ISX:MIKA's ROC (Joel Greenblatt) % is ranked better than
78.56% of 667 companies
in the Healthcare Providers & Services industry
Industry Median: 12.46 vs ISX:MIKA: 38.45

PT Mitra Keluarga Karyasehat Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -5.20% per year.


PT Mitra Keluarga Karyasehat Tbk  (ISX:MIKA) 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 Mitra Keluarga Karyasehat Tbk ROC (Joel Greenblatt) % Related Terms


PT Mitra Keluarga Karyasehat Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT Mitra Keluarga Karyasehat 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 Mitra Keluarga Karyasehat Tbk ROC (Joel Greenblatt) % Chart

PT Mitra Keluarga Karyasehat 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 56.92 40.42 31.86 36.90 38.93

PT Mitra Keluarga Karyasehat 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 37.33 39.30 43.24 37.47 34.50

ISX:MIKA vs HCA, THC, DVA: ROC (Joel Greenblatt) % Comparison

For the Medical Care Facilities subindustry, PT Mitra Keluarga Karyasehat 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 Mitra Keluarga Karyasehat Tbk ROC (Joel Greenblatt) % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PT Mitra Keluarga Karyasehat Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ISX:MIKA
82GF Score
PT Mitra Keluarga Karyasehat Tbk ISX:MIKA
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Mitra Keluarga Karyasehat 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)
=(733425.406 + 76746.672 + 26964.924) - (555920.861 + 0 + 273624.647)
=7591.4939999996

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(692572.439 + 66671.201 + 101848.556) - (599131.115 + 0 + 251564.531)
=10396.55

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Mitra Keluarga Karyasehat 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 )
=1749514.612/( ( (4988228.042 + max(7591.4939999996, 0)) + (5135428.366 + max(10396.55, 0)) )/ 2 )
=1749514.612/( ( 4995819.536 + 5145824.916 )/ 2 )
=1749514.612/5070822.226
=34.50 %

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 34.50% mean?
PT Mitra Keluarga Karyasehat Tbk (ISX:MIKA) has a ROC (Joel Greenblatt) % of 34.50% 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 Mitra Keluarga Karyasehat Tbk and its competitors. This is 15% below median its historical median of 40.45. Over the past decade, PT Mitra Keluarga Karyasehat Tbk's ROC (Joel Greenblatt) % has ranged from 31.86 to 81.43. According to the industry distribution chart, PT Mitra Keluarga Karyasehat Tbk ranks #143 out of 667 companies in the Healthcare Providers & Services industry, placing it in the top 21.4%.
Is PT Mitra Keluarga Karyasehat Tbk's ROC (Joel Greenblatt) % too high?
PT Mitra Keluarga Karyasehat Tbk's current ROC (Joel Greenblatt) % of 34.50% is 15% below median its 10-year median of 40.45. Over the past 10 years, this metric has ranged from a low of 31.86 to a high of 81.43. The Healthcare Providers & Services industry median ROC (Joel Greenblatt) % is 12.46. PT Mitra Keluarga Karyasehat Tbk's value of 34.50% is 176.9% above this industry median. Based on the distribution chart, PT Mitra Keluarga Karyasehat Tbk ranks #143 out of 667 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, PT Mitra Keluarga Karyasehat Tbk has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mitra Keluarga Karyasehat Tbk's ROC (Joel Greenblatt) % compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, PT Mitra Keluarga Karyasehat Tbk ranks #143 out of 667 companies for ROC (Joel Greenblatt) %. This places PT Mitra Keluarga Karyasehat Tbk in the top 21% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.46. PT Mitra Keluarga Karyasehat Tbk's value of 34.50% is 176.9% above this benchmark. Historically, PT Mitra Keluarga Karyasehat Tbk's own ROC (Joel Greenblatt) % has ranged from 31.86 to 81.43 over the past decade. While the company's 10-year median is 40.45 vs. the industry median of 12.46, PT Mitra Keluarga Karyasehat 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 Healthcare Providers & Services company?
The median ROC (Joel Greenblatt) % among Healthcare Providers & Services companies is 12.46, based on 667 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 Mitra Keluarga Karyasehat Tbk's current ROC (Joel Greenblatt) % of 34.50% is 176.9% 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 Mitra Keluarga Karyasehat Tbk and its competitors. For the Healthcare Providers & Services industry, the median ROC (Joel Greenblatt) % is 12.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mitra Keluarga Karyasehat Tbk's current ROC (Joel Greenblatt) % is 34.50%, which is 15% below median its own 10-year median of 40.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mitra Keluarga Karyasehat Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mitra Keluarga Karyasehat Tbk (ISX:MIKA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp3,258.88, compared to a current price of Rp1,750.00 — trading 46.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 34.50%, which is 15% below median its 10-year median of 40.45 and 176.9% above the Healthcare Providers & Services industry median of 12.46. PT Mitra Keluarga Karyasehat Tbk's overall GF Score™ is 82/100 with 2 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 Mitra Keluarga Karyasehat Tbk (ISX:MIKA), the current ROC (Joel Greenblatt) % is 34.50% 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 Mitra Keluarga Karyasehat Tbk (ISX:MIKA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mitra Keluarga Karyasehat Tbk stock appears to be undervalued. The current stock price of Rp1,750.00 is trading 46.3% below its estimated GF Value™ of Rp3,258.88. GuruFocus considers PT Mitra Keluarga Karyasehat Tbk to be Significantly Undervalued.

Key valuation signals for ISX:MIKA:

  • ROC (Joel Greenblatt) %: 34.50% (15% below median its 10-year median of 40.45)
  • GF Value™: Rp3,258.88 vs. price of Rp1,750.00 (46.3% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 176.9% above the Healthcare Providers & Services median (#143 of 667)

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


PT Mitra Keluarga Karyasehat Tbk Business Description

Address Jalan Bukit Gading Raya Kav. 2, Kelapa Gading, Jakarta, IDN, 14240
PT Mitra Keluarga Karyasehat Tbk operates a hospital network providing Outpatient and inpatient healthcare services. It has facilities for oncology and radiotherapy, brain and spine care, women and children's health, and orthopedic care. It operates in two segments, namely the Outpatient and Inpatient segments. The Inpatient segments derive the majority of the revenue.
82GF Score

Get the complete analysis for ISX:MIKA

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

Rp1,750.00
Price
Rp3,258.88
GF Value