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PT Golden Flower TbkISX:POLU -2.31%41 ROC (Joel Greenblatt) % is 4.66% as of Mar. 2026, which is 547% above its 10-year median of 0.72. GuruFocus rates ISX:POLU with a GF Score™ of 41/100 and a GF Value™ of Rp1,646.09 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,061 Manufacturing - Apparel & Accessories companies, PT Golden Flower Tbk ranks worse than 94.16% 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 Golden Flower Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.66%.
The historical rank and industry rank for PT Golden Flower Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:POLU'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -55.49 Med: 0.72 Max: 10.9
Current: -55.49
During the past 10 years, PT Golden Flower Tbk's highest ROC (Joel Greenblatt) % was 10.90%. The lowest was -55.49%. And the median was 0.72%.
ISX:POLU's ROC (Joel Greenblatt) % is ranked worse than 94.16% of 1061
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.53
vs ISX:POLU: -55.49
PT Golden Flower Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
PT Golden Flower Tbk (ISX:POLU) 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 Golden Flower Tbk ROC (Joel Greenblatt) % Related Terms
PT Golden Flower Tbk ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for PT Golden Flower 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 Golden Flower Tbk ROC (Joel Greenblatt) % Chart
ISX:POLU vs RL, LEVI, VFC: ROC (Joel Greenblatt) % Comparison
For the Apparel Manufacturing subindustry, PT Golden Flower 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 Golden Flower Tbk ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Golden Flower Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Golden Flower Tbk's ROC (Joel Greenblatt) % falls into.
PT Golden Flower 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 4.66% mean?
PT Golden Flower Tbk (ISX:POLU) has a ROC (Joel Greenblatt) % of 4.66% 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 Golden Flower Tbk and its competitors. This is 547% above median its historical median of 0.72. According to the industry distribution chart, PT Golden Flower Tbk ranks #999 out of 1061 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 94.2%.
Is PT Golden Flower Tbk's ROC (Joel Greenblatt) % too high?
PT Golden Flower Tbk's current ROC (Joel Greenblatt) % of 4.66% is 547% above median its 10-year median of 0.72. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.53. PT Golden Flower Tbk's value of 4.66% is 45.4% below this industry median. Based on the distribution chart, PT Golden Flower Tbk ranks #999 out of 1061 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, PT Golden Flower Tbk has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Golden Flower Tbk's ROC (Joel Greenblatt) % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Golden Flower Tbk ranks #999 out of 1061 companies for ROC (Joel Greenblatt) %. This places PT Golden Flower Tbk in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.53. PT Golden Flower Tbk's value of 4.66% is 45.4% below this benchmark. While the company's 10-year median is 0.72 vs. the industry median of 8.53, PT Golden Flower 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.53, based on 1,061 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 Golden Flower Tbk's current ROC (Joel Greenblatt) % of 4.66% is 45.4% 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 Golden Flower Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Golden Flower Tbk's current ROC (Joel Greenblatt) % is 4.66%, which is 547% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Golden Flower Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Golden Flower Tbk (ISX:POLU) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp1,646.09, compared to a current price of Rp12,700.00 — trading 671.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 4.66%, which is 547% above median its 10-year median of 0.72 and 45.4% below the Manufacturing - Apparel & Accessories industry median of 8.53. PT Golden Flower Tbk's overall GF Score™ is 41/100 with 1 warning sign 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 Golden Flower Tbk (ISX:POLU), the current ROC (Joel Greenblatt) % is 4.66% 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 Golden Flower Tbk (ISX:POLU) Overvalued in 2026?
Based on GuruFocus' analysis, PT Golden Flower Tbk stock appears to be overvalued.
The current stock price of Rp12,700.00 is trading 671.5% above its estimated GF Value™ of Rp1,646.09.
GuruFocus considers PT Golden Flower Tbk to be Significantly Overvalued.
Key valuation signals for ISX:POLU:
ROC (Joel Greenblatt) %: 4.66% (547% above median its 10-year median of 0.72)
GF Value™: Rp1,646.09 vs. price of Rp12,700.00 (671.5% above fair value)
Industry Position: 45.4% below the Manufacturing - Apparel & Accessories median (#999 of 1061)
No single metric tells the full story. See the ISX:POLU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Golden Flower Tbk is a garment manufacturer and exporter in Indonesia. The company's operating segment includes Ladies' blouses, Man shirts, and Uniform, accessories, and others. It generates maximum revenue from the Ladies' blouse segment. Some of its products include Non-Iron Shirt; Casual shirts; Skirt; Dresses; Night Wear and others.
41GF Score
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