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PT Adiwarna Anugerah Abadi TbkISX:NAIK +1.05%15 ROC (Joel Greenblatt) % is 6.86% as of Jun. 2026, which is 76% below its 10-year median of 28.57. GuruFocus rates ISX:NAIK with a GF Score™ of 15/100. The stock has 4 warning signs investors should review. Among 413 Building Materials companies, PT Adiwarna Anugerah Abadi Tbk ranks better than 81.11% 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 Adiwarna Anugerah Abadi Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.86%.
The historical rank and industry rank for PT Adiwarna Anugerah Abadi Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:NAIK'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 23.45 Med: 28.57 Max: 37.25
Current: 23.45
During the past 5 years, PT Adiwarna Anugerah Abadi Tbk's highest ROC (Joel Greenblatt) % was 37.25%. The lowest was 23.45%. And the median was 28.57%.
ISX:NAIK's ROC (Joel Greenblatt) % is ranked better than 81.11% of 413
companies
in the Building Materials industry
Industry Median: 8.46
vs ISX:NAIK: 23.45
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 Adiwarna Anugerah Abadi Tbk ROC (Joel Greenblatt) % Chart
ISX:NAIK vs CRH, MLM, VMC: ROC (Joel Greenblatt) % Comparison
For the Building Materials subindustry, PT Adiwarna Anugerah Abadi 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 Adiwarna Anugerah Abadi Tbk ROC (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, PT Adiwarna Anugerah Abadi Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Adiwarna Anugerah Abadi Tbk's ROC (Joel Greenblatt) % falls into.
PT Adiwarna Anugerah Abadi 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 6.86% mean?
PT Adiwarna Anugerah Abadi Tbk (ISX:NAIK) has a ROC (Joel Greenblatt) % of 6.86% 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 Adiwarna Anugerah Abadi Tbk and its competitors. This is 76% below median its historical median of 28.57. Over the past decade, PT Adiwarna Anugerah Abadi Tbk's ROC (Joel Greenblatt) % has ranged from 23.45 to 37.25. According to the industry distribution chart, PT Adiwarna Anugerah Abadi Tbk ranks #78 out of 413 companies in the Building Materials industry, placing it in the top 18.9%.
Is PT Adiwarna Anugerah Abadi Tbk's ROC (Joel Greenblatt) % too high?
PT Adiwarna Anugerah Abadi Tbk's current ROC (Joel Greenblatt) % of 6.86% is 76% below median its 10-year median of 28.57. Over the past 10 years, this metric has ranged from a low of 23.45 to a high of 37.25. The Building Materials industry median ROC (Joel Greenblatt) % is 8.46. PT Adiwarna Anugerah Abadi Tbk's value of 6.86% is 18.9% below this industry median. Based on the distribution chart, PT Adiwarna Anugerah Abadi Tbk ranks #78 out of 413 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, PT Adiwarna Anugerah Abadi Tbk has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does PT Adiwarna Anugerah Abadi Tbk's ROC (Joel Greenblatt) % compare to CRH and MLM?
According to the Building Materials industry distribution chart, PT Adiwarna Anugerah Abadi Tbk ranks #78 out of 413 companies for ROC (Joel Greenblatt) %. This places PT Adiwarna Anugerah Abadi Tbk in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.46. PT Adiwarna Anugerah Abadi Tbk's value of 6.86% is 18.9% below this benchmark. Historically, PT Adiwarna Anugerah Abadi Tbk's own ROC (Joel Greenblatt) % has ranged from 23.45 to 37.25 over the past decade. While the company's 10-year median is 28.57 vs. the industry median of 8.46, PT Adiwarna Anugerah Abadi 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 Building Materials company?
The median ROC (Joel Greenblatt) % among Building Materials companies is 8.46, based on 413 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 Adiwarna Anugerah Abadi Tbk's current ROC (Joel Greenblatt) % of 6.86% is 18.9% 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 Adiwarna Anugerah Abadi Tbk and its competitors. For the Building Materials industry, the median ROC (Joel Greenblatt) % is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Adiwarna Anugerah Abadi Tbk's current ROC (Joel Greenblatt) % is 6.86%, which is 76% below median its own 10-year median of 28.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Adiwarna Anugerah Abadi Tbk stock overvalued right now?
PT Adiwarna Anugerah Abadi Tbk (ISX:NAIK) has a current ROC (Joel Greenblatt) % of 6.86%. The current ROC (Joel Greenblatt) % is 6.86%, which is 76% below median its 10-year median of 28.57 and 18.9% below the Building Materials industry median of 8.46. PT Adiwarna Anugerah Abadi Tbk's overall GF Score™ is 15/100 with 4 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 Adiwarna Anugerah Abadi Tbk (ISX:NAIK), the current ROC (Joel Greenblatt) % is 6.86% 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.
AddressJalan Outer Ring Road, Perkantoran Mutiara Taman Palem No. 53, Cengkareng Kecamatan Cengkareng, Kota Jakarta Barat, Daerah Khusus Ibukota, Jakarta, IDN, 11730
PT Adiwarna Anugerah Abadi Tbk provides integrated fire protection solutions, focusing on high-risk projects across oil and gas, data centers, banking, power generation, petrochemical, and industrial sectors. Its main product is the sale, installation and maintenance of fire protection systems. The Company is an official distributor of fire protection system products, including Fire Eater, Kidde Commercial, Progard, Tyco, Afco, and Gemtex, and provides design and engineering services. Its product include fire suppression systems using Inergen, fire alarm systems, foam systems, sprinkler systems, control valves, and CO2 and FM200 systems. Its activities also include machinery repair, equipment rental with operators, and leasing of construction and civil engineering equipment.
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