PT Rockfields Properti Indonesia Tbk (ISX:ROCK) ROC (Joel Greenblatt) %: 19.74% (As of Dec. 2025) — 60% Below Median

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ISX:ROCK PT Rockfields Properti Indonesia Tbk ISX:ROCK
40 GF Score
Price Rp1,785.00
GF Value Rp390.83
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Rockfields Properti Indonesia Tbk ROC (Joel Greenblatt) %?

PT Rockfields Properti Indonesia Tbk ISX:ROCK +1.71% 40 ROC (Joel Greenblatt) % is 19.74% as of Dec. 2025, which is 60% below its 10-year median of 48.94. GuruFocus rates ISX:ROCK with a GF Score™ of 40/100 and a GF Value™ of Rp390.83 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,752 Real Estate companies, PT Rockfields Properti Indonesia Tbk ranks better than 57.31% 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 Rockfields Properti Indonesia Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 19.74%.

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

ISX:ROCK' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.94   Med: 48.94   Max: 102.25
Current: 19.74

During the past 5 years, PT Rockfields Properti Indonesia Tbk's highest ROC (Joel Greenblatt) % was 102.25%. The lowest was 9.94%. And the median was 48.94%.

ISX:ROCK's ROC (Joel Greenblatt) % is ranked better than
57.31% of 1752 companies
in the Real Estate industry
Industry Median: 12.85 vs ISX:ROCK: 19.74

PT Rockfields Properti Indonesia Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


PT Rockfields Properti Indonesia Tbk  (ISX:ROCK) 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 Rockfields Properti Indonesia Tbk ROC (Joel Greenblatt) % Related Terms


PT Rockfields Properti Indonesia Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT Rockfields Properti Indonesia 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 Rockfields Properti Indonesia Tbk ROC (Joel Greenblatt) % Chart

PT Rockfields Properti Indonesia Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec24 Dec25
ROC (Joel Greenblatt) %
102.25 58.49 48.94 9.94 19.74

PT Rockfields Properti Indonesia Tbk Semi-Annual Data
Dec17 Dec18 Dec19 Dec24 Dec25
ROC (Joel Greenblatt) % 102.25 58.49 48.94 9.94 19.74

ISX:ROCK vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, PT Rockfields Properti Indonesia 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 Rockfields Properti Indonesia Tbk ROC (Joel Greenblatt) % vs Real Estate Industry

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

* The bar in red indicates where PT Rockfields Properti Indonesia Tbk's ROC (Joel Greenblatt) % falls into.


ISX:ROCK
40GF Score
PT Rockfields Properti Indonesia Tbk ISX:ROCK
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Rockfields Properti Indonesia 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: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6789.701 + 0 + 4639.951) - (5766.66 + 0 + 24030.436)
=-18367.444

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12768.8 + 0 + 4566.475) - (4235.873 + 0 + 26907.722)
=-13808.32

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Rockfields Properti Indonesia Tbk for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=40436.636/( ( (404342.111 + max(-18367.444, 0)) + (5404.572 + max(-13808.32, 0)) )/ 2 )
=40436.636/( ( 404342.111 + 5404.572 )/ 2 )
=40436.636/204873.3415
=19.74 %

Note: The EBIT data used here is one times the annual (Dec. 2025) 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 19.74% mean?
PT Rockfields Properti Indonesia Tbk (ISX:ROCK) has a ROC (Joel Greenblatt) % of 19.74% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on PT Rockfields Properti Indonesia Tbk and its competitors. This is 60% below median its historical median of 48.94. Over the past decade, PT Rockfields Properti Indonesia Tbk's ROC (Joel Greenblatt) % has ranged from 9.94 to 102.25. According to the industry distribution chart, PT Rockfields Properti Indonesia Tbk ranks #748 out of 1752 companies in the Real Estate industry, placing it in the top 42.7%.
Is PT Rockfields Properti Indonesia Tbk's ROC (Joel Greenblatt) % too high?
PT Rockfields Properti Indonesia Tbk's current ROC (Joel Greenblatt) % of 19.74% is 60% below median its 10-year median of 48.94. Over the past 10 years, this metric has ranged from a low of 9.94 to a high of 102.25. The Real Estate industry median ROC (Joel Greenblatt) % is 12.85. PT Rockfields Properti Indonesia Tbk's value of 19.74% is 53.6% above this industry median. Based on the distribution chart, PT Rockfields Properti Indonesia Tbk ranks #748 out of 1752 companies in the Real Estate industry, which is above the industry midpoint. Overall, PT Rockfields Properti Indonesia Tbk has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Rockfields Properti Indonesia Tbk's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PT Rockfields Properti Indonesia Tbk ranks #748 out of 1752 companies for ROC (Joel Greenblatt) %. This puts PT Rockfields Properti Indonesia Tbk in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.85. PT Rockfields Properti Indonesia Tbk's value of 19.74% is 53.6% above this benchmark. Historically, PT Rockfields Properti Indonesia Tbk's own ROC (Joel Greenblatt) % has ranged from 9.94 to 102.25 over the past decade. While the company's 10-year median is 48.94 vs. the industry median of 12.85, PT Rockfields Properti Indonesia 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.85, based on 1,752 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 Rockfields Properti Indonesia Tbk's current ROC (Joel Greenblatt) % of 19.74% is 53.6% 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 Rockfields Properti Indonesia Tbk and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Rockfields Properti Indonesia Tbk's current ROC (Joel Greenblatt) % is 19.74%, which is 60% below median its own 10-year median of 48.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Rockfields Properti Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Rockfields Properti Indonesia Tbk (ISX:ROCK) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp390.83, compared to a current price of Rp1,785.00 — trading 356.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 19.74%, which is 60% below median its 10-year median of 48.94 and 53.6% above the Real Estate industry median of 12.85. PT Rockfields Properti Indonesia Tbk's overall GF Score™ is 40/100 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 Rockfields Properti Indonesia Tbk (ISX:ROCK), the current ROC (Joel Greenblatt) % is 19.74% as of Dec. 2025. 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 Rockfields Properti Indonesia Tbk (ISX:ROCK) Overvalued in 2026?

Based on GuruFocus' analysis, PT Rockfields Properti Indonesia Tbk stock appears to be overvalued. The current stock price of Rp1,785.00 is trading 356.7% above its estimated GF Value™ of Rp390.83. GuruFocus considers PT Rockfields Properti Indonesia Tbk to be Significantly Overvalued.

Key valuation signals for ISX:ROCK:

  • ROC (Joel Greenblatt) %: 19.74% (60% below median its 10-year median of 48.94)
  • GF Value™: Rp390.83 vs. price of Rp1,785.00 (356.7% above fair value)
  • GF Score™: 40/100 with 1 warning sign
  • Industry Position: 53.6% above the Real Estate median (#748 of 1752)

No single metric tells the full story. See the ISX:ROCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Rockfields Properti Indonesia Tbk Business Description

Address No.2, Jl. Dr. Ide Anak Agung Gde Agung Kav. E 4.2, Noble House, Floor 35, Jakarta, IDN, 12950
PT Rockfields Properti Indonesia Tbk business in the property and real estate sector through equity participation. The Company operates in the real estate and property sector. The group has only one reportable business segment which is the rental business segment. It holding company activities, wholesale trading, and real estate. The company's projects Projects Home, Noble House, Avalon, Broadway Residence, Escala Residence, International Exchange House, Proyek Azerai, and others.
40GF Score

Get the complete analysis for ISX:ROCK

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp1,785.00
Price
Rp390.83
GF Value