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PT Metropolitan Land TbkISX:MTLA 84 ROC (Joel Greenblatt) % is 6.46% as of Mar. 2026, which is 64% below its 10-year median of 17.95. GuruFocus rates ISX:MTLA with a GF Score™ of 84/100 and a GF Value™ of Rp432.33 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,753 Real Estate companies, PT Metropolitan Land Tbk ranks worse than 50.66% 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 Metropolitan Land Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.46%.
The historical rank and industry rank for PT Metropolitan Land Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:MTLA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.5 Med: 17.95 Max: 30.99
Current: 12.5
During the past 13 years, PT Metropolitan Land Tbk's highest ROC (Joel Greenblatt) % was 30.99%. The lowest was 12.50%. And the median was 17.95%.
ISX:MTLA's ROC (Joel Greenblatt) % is ranked worse than 50.66% of 1753
companies
in the Real Estate industry
Industry Median: 13.09
vs ISX:MTLA: 12.50
PT Metropolitan Land Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.30% per year.
PT Metropolitan Land Tbk (ISX:MTLA) 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.
PT Metropolitan Land Tbk ROC (Joel Greenblatt) % Related Terms
PT Metropolitan Land Tbk ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for PT Metropolitan Land 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 Metropolitan Land Tbk ROC (Joel Greenblatt) % Chart
ISX:MTLA vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, PT Metropolitan Land 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 Metropolitan Land Tbk ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, PT Metropolitan Land Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Metropolitan Land Tbk's ROC (Joel Greenblatt) % falls into.
PT Metropolitan Land 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 (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 6.46% mean?
PT Metropolitan Land Tbk (ISX:MTLA) has a ROC (Joel Greenblatt) % of 6.46% 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 Metropolitan Land Tbk and its competitors. This is 64% below median its historical median of 17.95. Over the past decade, PT Metropolitan Land Tbk's ROC (Joel Greenblatt) % has ranged from 12.50 to 30.99. According to the industry distribution chart, PT Metropolitan Land Tbk ranks #888 out of 1753 companies in the Real Estate industry, placing it in the top 50.7%.
Is PT Metropolitan Land Tbk's ROC (Joel Greenblatt) % too high?
PT Metropolitan Land Tbk's current ROC (Joel Greenblatt) % of 6.46% is 64% below median its 10-year median of 17.95. Over the past 10 years, this metric has ranged from a low of 12.50 to a high of 30.99. The Real Estate industry median ROC (Joel Greenblatt) % is 13.09. PT Metropolitan Land Tbk's value of 6.46% is 50.6% below this industry median. Based on the distribution chart, PT Metropolitan Land Tbk ranks #888 out of 1753 companies in the Real Estate industry, which is below the industry midpoint. Overall, PT Metropolitan Land Tbk has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Metropolitan Land Tbk's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PT Metropolitan Land Tbk ranks #888 out of 1753 companies for ROC (Joel Greenblatt) %. This places PT Metropolitan Land Tbk in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.09. PT Metropolitan Land Tbk's value of 6.46% is 50.6% below this benchmark. Historically, PT Metropolitan Land Tbk's own ROC (Joel Greenblatt) % has ranged from 12.50 to 30.99 over the past decade. While the company's 10-year median is 17.95 vs. the industry median of 13.09, PT Metropolitan Land 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 13.09, based on 1,753 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 Metropolitan Land Tbk's current ROC (Joel Greenblatt) % of 6.46% is 50.6% 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 Metropolitan Land Tbk and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Metropolitan Land Tbk's current ROC (Joel Greenblatt) % is 6.46%, which is 64% below median its own 10-year median of 17.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Metropolitan Land Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Metropolitan Land Tbk (ISX:MTLA) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp432.33, compared to a current price of Rp530.00 — trading 22.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.46%, which is 64% below median its 10-year median of 17.95 and 50.6% below the Real Estate industry median of 13.09. PT Metropolitan Land Tbk's overall GF Score™ is 84/100 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 Metropolitan Land Tbk (ISX:MTLA), the current ROC (Joel Greenblatt) % is 6.46% 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 Metropolitan Land Tbk (ISX:MTLA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Metropolitan Land Tbk stock appears to be overvalued.
The current stock price of Rp530.00 is trading 22.6% above its estimated GF Value™ of Rp432.33.
GuruFocus considers PT Metropolitan Land Tbk to be Modestly Overvalued.
Key valuation signals for ISX:MTLA:
ROC (Joel Greenblatt) %: 6.46% (64% below median its 10-year median of 17.95)
GF Value™: Rp432.33 vs. price of Rp530.00 (22.6% above fair value)
Industry Position: 50.6% below the Real Estate median (#888 of 1753)
No single metric tells the full story. See the ISX:MTLA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Metropolitan Land Tbk, together with its subsidiaries, is engaged in the development of housing and the construction of buildings, and provides other related services. Its business activities comprise land acquisition, real estate development, leasing, hotel construction and operation, the sale of land and buildings, including residential houses and shop houses, and investing in its subsidiaries. The company generates revenue from several primary sources, including sales of real estate, hotel revenue, rental income, and service charges to tenants. Its reportable segments are real estate, shopping centers, hotels, and others. The majority of its revenue is generated from the real estate segment.
84GF Score
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