PT Rimo International Lestari Tbk (ISX:RIMO) ROC (Joel Greenblatt) %: 262.86% (As of Sep. 2019)

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ISX:RIMO PT Rimo International Lestari Tbk ISX:RIMO
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What is PT Rimo International Lestari Tbk ROC (Joel Greenblatt) %?

PT Rimo International Lestari Tbk ISX:RIMO 4 ROC (Joel Greenblatt) % is 262.86% as of Sep. 2019. GuruFocus rates ISX:RIMO with a GF Score™ of 4/100.

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 Rimo International Lestari Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was 262.86%.

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

ISX:RIMO's ROC (Joel Greenblatt) % is not ranked *
in the Real Estate industry.
Industry Median: 13.09
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

PT Rimo International Lestari Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


PT Rimo International Lestari Tbk  (ISX:RIMO) 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 Rimo International Lestari Tbk ROC (Joel Greenblatt) % Related Terms


PT Rimo International Lestari Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT Rimo International Lestari 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 Rimo International Lestari Tbk ROC (Joel Greenblatt) % Chart

PT Rimo International Lestari Tbk Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -475.80 -0.85 -244.10 11.64 60.52

PT Rimo International Lestari Tbk Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.47 19.82 19.17 46.84 262.86

PT Rimo International Lestari Tbk ROC (Joel Greenblatt) % Competitor Comparison

For the Real Estate - Development subindustry, PT Rimo International Lestari 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 Rimo International Lestari Tbk ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Rimo International Lestari Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PT Rimo International Lestari Tbk's ROC (Joel Greenblatt) % falls into.


ISX:RIMO
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PT Rimo International Lestari Tbk ISX:RIMO
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Rimo International Lestari 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: Jun. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(78799.419 + 293.323 + 23085.496) - (454992.039 + 0 + 63239.633)
=-416053.434

Working Capital(Q: Sep. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22695.938 + 273.839 + 24800.79) - (450000.653 + 0 + 103144.528)
=-505374.614

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Rimo International Lestari Tbk for the quarter that ended in Sep. 2019 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2019  Q: Sep. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=522601.444/( ( (199716.799 + max(-416053.434, 0)) + (197906.78 + max(-505374.614, 0)) )/ 2 )
=522601.444/( ( 199716.799 + 197906.78 )/ 2 )
=522601.444/198811.7895
=262.86 %

Note: The EBIT data used here is four times the quarterly (Sep. 2019) 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 262.86% mean?
PT Rimo International Lestari Tbk (ISX:RIMO) has a ROC (Joel Greenblatt) % of 262.86% as of Sep. 2019. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on PT Rimo International Lestari Tbk and its competitors.
Is PT Rimo International Lestari Tbk's ROC (Joel Greenblatt) % too high?
PT Rimo International Lestari Tbk's current ROC (Joel Greenblatt) % is 262.86%. The Real Estate industry median ROC (Joel Greenblatt) % is 13.09. PT Rimo International Lestari Tbk's value of 262.86% is 1908.1% above this industry median. Overall, PT Rimo International Lestari Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Rimo International Lestari Tbk's ROC (Joel Greenblatt) % compare to competitors?
PT Rimo International Lestari Tbk's ROC (Joel Greenblatt) % of 262.86% can be compared against companies in the Real Estate industry. The industry median ROC (Joel Greenblatt) % is 13.09. PT Rimo International Lestari Tbk's value of 262.86% is 1908.1% above this benchmark. 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 Rimo International Lestari Tbk's current ROC (Joel Greenblatt) % of 262.86% is 1908.1% 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 Rimo International Lestari 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 Rimo International Lestari Tbk's current ROC (Joel Greenblatt) % is 262.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Rimo International Lestari Tbk stock overvalued right now?
PT Rimo International Lestari Tbk (ISX:RIMO) has a current ROC (Joel Greenblatt) % of 262.86%. The current ROC (Joel Greenblatt) % is 262.86% and 1908.1% above the Real Estate industry median of 13.09. PT Rimo International Lestari Tbk's overall GF Score™ is 4/100. 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 Rimo International Lestari Tbk (ISX:RIMO), the current ROC (Joel Greenblatt) % is 262.86% as of Sep. 2019. 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 Rimo International Lestari Tbk Business Description

Address Jalan Jenderal Sudirman Kav.27, Mayapada Tower II Lantai 22, Jakarta, IDN, 12920
PT Rimo International Lestari Tbk is involved in the property business. It seeks to develop high quality integrated townships with modern infrastructure and amenities. The group is also involved in developing a diverse range of products from affordable to premium housing in order to reach out to a wide variety of customers, whilst assisting the government to realize its aspiration in making housing more accessible to the general public. It operates in three segments Department Store, Real Estate, and Service. The portfolio of the group includes various project such as South Hills Apartment, Puncak golf and resort, Kota Olympia, Gangnam Townhouse, Puuwatu Hills, Maestro Hotel and others. Geographically the activities are carried out through Indonesia.
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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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