PT Sinar Terang Mandiri Tbk (ISX:MINE) ROC (Joel Greenblatt) %: 27.08% (As of Mar. 2026) — 33% Below Median

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ISX:MINE PT Sinar Terang Mandiri Tbk ISX:MINE
12 GF Score
Price Rp220.00
! 2 Warning Signs
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What is PT Sinar Terang Mandiri Tbk ROC (Joel Greenblatt) %?

PT Sinar Terang Mandiri Tbk ISX:MINE +1.85% 12 ROC (Joel Greenblatt) % is 27.08% as of Mar. 2026, which is 33% below its 10-year median of 40.27. GuruFocus rates ISX:MINE with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 2,496 Metals & Mining companies, PT Sinar Terang Mandiri Tbk ranks better than 87.26% 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 Sinar Terang Mandiri Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.08%.

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

ISX:MINE' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 21.24   Med: 40.27   Max: 77.95
Current: 21.24

During the past 5 years, PT Sinar Terang Mandiri Tbk's highest ROC (Joel Greenblatt) % was 77.95%. The lowest was 21.24%. And the median was 40.27%.

ISX:MINE's ROC (Joel Greenblatt) % is ranked better than
87.26% of 2496 companies
in the Metals & Mining industry
Industry Median: -22.185 vs ISX:MINE: 21.24

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


PT Sinar Terang Mandiri Tbk  (ISX:MINE) 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 Sinar Terang Mandiri Tbk ROC (Joel Greenblatt) % Related Terms


PT Sinar Terang Mandiri Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT Sinar Terang Mandiri 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 Sinar Terang Mandiri Tbk ROC (Joel Greenblatt) % Chart

PT Sinar Terang Mandiri Tbk Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
34.51 40.27 77.95 55.74 22.63

PT Sinar Terang Mandiri Tbk Quarterly Data
Dec21 Dec22 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 34.62 26.60 11.68 18.39 27.08

PT Sinar Terang Mandiri Tbk ROC (Joel Greenblatt) % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Sinar Terang Mandiri 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 Sinar Terang Mandiri Tbk ROC (Joel Greenblatt) % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Sinar Terang Mandiri Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ISX:MINE
12GF Score
PT Sinar Terang Mandiri Tbk ISX:MINE
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Sinar Terang Mandiri 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)
=(502420 + 83999 + 332368) - (249207 + 0 + 73177)
=596403

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(179586 + 86403 + 456102) - (240051 + 0 + 72656)
=409384

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Sinar Terang Mandiri 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 )
=367888/( ( (896041 + max(596403, 0)) + (815371 + max(409384, 0)) )/ 2 )
=367888/( ( 1492444 + 1224755 )/ 2 )
=367888/1358599.5
=27.08 %

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 27.08% mean?
PT Sinar Terang Mandiri Tbk (ISX:MINE) has a ROC (Joel Greenblatt) % of 27.08% 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 Sinar Terang Mandiri Tbk and its competitors. This is 33% below median its historical median of 40.27. Over the past decade, PT Sinar Terang Mandiri Tbk's ROC (Joel Greenblatt) % has ranged from 21.24 to 77.95. According to the industry distribution chart, PT Sinar Terang Mandiri Tbk ranks #318 out of 2496 companies in the Metals & Mining industry, placing it in the top 12.7%.
Is PT Sinar Terang Mandiri Tbk's ROC (Joel Greenblatt) % too high?
PT Sinar Terang Mandiri Tbk's current ROC (Joel Greenblatt) % of 27.08% is 33% below median its 10-year median of 40.27. Over the past 10 years, this metric has ranged from a low of 21.24 to a high of 77.95. Based on the distribution chart, PT Sinar Terang Mandiri Tbk ranks #318 out of 2496 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, PT Sinar Terang Mandiri Tbk has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does PT Sinar Terang Mandiri Tbk's ROC (Joel Greenblatt) % compare to competitors?
According to the Metals & Mining industry distribution chart, PT Sinar Terang Mandiri Tbk ranks #318 out of 2496 companies for ROC (Joel Greenblatt) %. This places PT Sinar Terang Mandiri Tbk in the top 13% of its industry — outperforming the majority of peers. Historically, PT Sinar Terang Mandiri Tbk's own ROC (Joel Greenblatt) % has ranged from 21.24 to 77.95 over the past decade. 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 Metals & Mining company?
A good ROC (Joel Greenblatt) % depends on the Metals & Mining industry context. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Sinar Terang Mandiri Tbk and its competitors. PT Sinar Terang Mandiri Tbk's current ROC (Joel Greenblatt) % is 27.08%, which is 33% below median its own 10-year median of 40.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sinar Terang Mandiri Tbk stock overvalued right now?
PT Sinar Terang Mandiri Tbk (ISX:MINE) has a current ROC (Joel Greenblatt) % of 27.08%. The current ROC (Joel Greenblatt) % is 27.08%, which is 33% below median its 10-year median of 40.27. PT Sinar Terang Mandiri Tbk's overall GF Score™ is 12/100 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 Sinar Terang Mandiri Tbk (ISX:MINE), the current ROC (Joel Greenblatt) % is 27.08% 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.

PT Sinar Terang Mandiri Tbk Business Description

Address Jl. Jendral Sudirman Kav. 52-53, Kecamatan Kebayoran Baru, Treasury Tower 5th Floor Unit G, District 8 SCBD Lot 28, Selatan, Jakarta, IDN, 12190
PT Sinar Terang Mandiri Tbk specializes in mining support services. The company offers a comprehensive range of services, including mine planning, mining infrastructure construction, mining operations, to mining product transportation (hauling, barging, and transshipment) as well as stone crushing and paving production. It is engaged in nickel mining support activities in Morowali, Central Sulawesi, and Weda, North Maluku. The company organizes its operations into two main segments: mining services and construction services.
12GF Score

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

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