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PT Pelangi Indah Canindo TbkISX:PICO -0.77%65 ROC (Joel Greenblatt) % is 13.07% as of Mar. 2026, which is 44% above its 10-year median of 9.05. GuruFocus rates ISX:PICO with a GF Score™ of 65/100 and a GF Value™ of Rp164.22 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 401 Packaging & Containers companies, PT Pelangi Indah Canindo Tbk ranks worse than 59.35% 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 Pelangi Indah Canindo Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.07%.
The historical rank and industry rank for PT Pelangi Indah Canindo Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:PICO'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.07 Med: 9.05 Max: 13.95
Current: 6.63
During the past 13 years, PT Pelangi Indah Canindo Tbk's highest ROC (Joel Greenblatt) % was 13.95%. The lowest was -13.07%. And the median was 9.05%.
ISX:PICO's ROC (Joel Greenblatt) % is ranked worse than 59.35% of 401
companies
in the Packaging & Containers industry
Industry Median: 8.91
vs ISX:PICO: 6.63
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.
ISX:PICO vs SW, PKG, IP: ROC (Joel Greenblatt) % Comparison
For the Packaging & Containers subindustry, PT Pelangi Indah Canindo 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 Pelangi Indah Canindo Tbk ROC (Joel Greenblatt) % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, PT Pelangi Indah Canindo Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Pelangi Indah Canindo Tbk's ROC (Joel Greenblatt) % falls into.
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 13.07% mean?
PT Pelangi Indah Canindo Tbk (ISX:PICO) has a ROC (Joel Greenblatt) % of 13.07% 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 Pelangi Indah Canindo Tbk and its competitors. This is 44% above median its historical median of 9.05. According to the industry distribution chart, PT Pelangi Indah Canindo Tbk ranks #238 out of 401 companies in the Packaging & Containers industry, placing it in the top 59.4%.
Is PT Pelangi Indah Canindo Tbk's ROC (Joel Greenblatt) % too high?
PT Pelangi Indah Canindo Tbk's current ROC (Joel Greenblatt) % of 13.07% is 44% above median its 10-year median of 9.05. The Packaging & Containers industry median ROC (Joel Greenblatt) % is 8.91. PT Pelangi Indah Canindo Tbk's value of 13.07% is 46.7% above this industry median. Based on the distribution chart, PT Pelangi Indah Canindo Tbk ranks #238 out of 401 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, PT Pelangi Indah Canindo Tbk has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Pelangi Indah Canindo Tbk's ROC (Joel Greenblatt) % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, PT Pelangi Indah Canindo Tbk ranks #238 out of 401 companies for ROC (Joel Greenblatt) %. This places PT Pelangi Indah Canindo Tbk in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.91. PT Pelangi Indah Canindo Tbk's value of 13.07% is 46.7% above this benchmark. While the company's 10-year median is 9.05 vs. the industry median of 8.91, PT Pelangi Indah Canindo 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 Packaging & Containers company?
The median ROC (Joel Greenblatt) % among Packaging & Containers companies is 8.91, based on 401 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 Pelangi Indah Canindo Tbk's current ROC (Joel Greenblatt) % of 13.07% is 46.7% 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 Pelangi Indah Canindo Tbk and its competitors. For the Packaging & Containers industry, the median ROC (Joel Greenblatt) % is 8.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Pelangi Indah Canindo Tbk's current ROC (Joel Greenblatt) % is 13.07%, which is 44% above median its own 10-year median of 9.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pelangi Indah Canindo Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pelangi Indah Canindo Tbk (ISX:PICO) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp164.22, compared to a current price of Rp129.00 — trading 21.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.07%, which is 44% above median its 10-year median of 9.05 and 46.7% above the Packaging & Containers industry median of 8.91. PT Pelangi Indah Canindo Tbk's overall GF Score™ is 65/100 with 3 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 Pelangi Indah Canindo Tbk (ISX:PICO), the current ROC (Joel Greenblatt) % is 13.07% 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 Pelangi Indah Canindo Tbk (ISX:PICO) Overvalued in 2026?
Based on GuruFocus' analysis, PT Pelangi Indah Canindo Tbk stock appears to be undervalued.
The current stock price of Rp129.00 is trading 21.4% below its estimated GF Value™ of Rp164.22.
GuruFocus considers PT Pelangi Indah Canindo Tbk to be Modestly Undervalued.
Key valuation signals for ISX:PICO:
ROC (Joel Greenblatt) %: 13.07% (44% above median its 10-year median of 9.05)
GF Value™: Rp164.22 vs. price of Rp129.00 (21.4% below fair value)
Industry Position: 46.7% above the Packaging & Containers median (#238 of 401)
No single metric tells the full story. See the ISX:PICO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Pelangi Indah Canindo Tbk is an Indonesia-based company that engages in the production of metal packaging. The company is in the business of the metal packaging industry in Indonesia for a variety of drum products, liquefied petroleum gas (LPG) tubes, and canned packaging. Its production facilities are in Cimone, Cikupa and Balaraja (Tangerang) and Cilacap. The company's segment includes Steel drum, Steel and component, Plastic drum, Metal printing, Pall can, and Others. The company generates the majority of its revenue from the Steel drum segment.
65GF Score
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