PT Suryamas Dutamakmur TbkISX:SMDM +4.59%69 ROC (Joel Greenblatt) % is 1.91% as of Mar. 2026, which is 84% below its 10-year median of 11.91. GuruFocus rates ISX:SMDM with a GF Score™ of 69/100 and a GF Value™ of Rp301.36 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,751 Real Estate companies, PT Suryamas Dutamakmur Tbk ranks worse than 63.79% 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 Suryamas Dutamakmur Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.91%.
The historical rank and industry rank for PT Suryamas Dutamakmur Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:SMDM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.28 Med: 11.91 Max: 24.34
Current: 5.61
During the past 13 years, PT Suryamas Dutamakmur Tbk's highest ROC (Joel Greenblatt) % was 24.34%. The lowest was 4.28%. And the median was 11.91%.
ISX:SMDM's ROC (Joel Greenblatt) % is ranked worse than 63.79% of 1751
companies
in the Real Estate industry
Industry Median: 12.62
vs ISX:SMDM: 5.61
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.
For the Real Estate - Development subindustry, PT Suryamas Dutamakmur 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 Suryamas Dutamakmur Tbk ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, PT Suryamas Dutamakmur Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Suryamas Dutamakmur 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 1.91% mean?
PT Suryamas Dutamakmur Tbk (ISX:SMDM) has a ROC (Joel Greenblatt) % of 1.91% 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 Suryamas Dutamakmur Tbk and its competitors. This is 84% below median its historical median of 11.91. Over the past decade, PT Suryamas Dutamakmur Tbk's ROC (Joel Greenblatt) % has ranged from 4.28 to 24.34. According to the industry distribution chart, PT Suryamas Dutamakmur Tbk ranks #1117 out of 1751 companies in the Real Estate industry, placing it in the top 63.8%.
Is PT Suryamas Dutamakmur Tbk's ROC (Joel Greenblatt) % too high?
PT Suryamas Dutamakmur Tbk's current ROC (Joel Greenblatt) % of 1.91% is 84% below median its 10-year median of 11.91. Over the past 10 years, this metric has ranged from a low of 4.28 to a high of 24.34. The Real Estate industry median ROC (Joel Greenblatt) % is 12.62. PT Suryamas Dutamakmur Tbk's value of 1.91% is 84.9% below this industry median. Based on the distribution chart, PT Suryamas Dutamakmur Tbk ranks #1117 out of 1751 companies in the Real Estate industry, which is below the industry midpoint. Overall, PT Suryamas Dutamakmur Tbk has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Suryamas Dutamakmur Tbk's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, PT Suryamas Dutamakmur Tbk ranks #1117 out of 1751 companies for ROC (Joel Greenblatt) %. This places PT Suryamas Dutamakmur Tbk in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.62. PT Suryamas Dutamakmur Tbk's value of 1.91% is 84.9% below this benchmark. Historically, PT Suryamas Dutamakmur Tbk's own ROC (Joel Greenblatt) % has ranged from 4.28 to 24.34 over the past decade. While the company's 10-year median is 11.91 vs. the industry median of 12.62, PT Suryamas Dutamakmur 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.62, based on 1,751 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 Suryamas Dutamakmur Tbk's current ROC (Joel Greenblatt) % of 1.91% is 84.9% 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 Suryamas Dutamakmur Tbk and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Suryamas Dutamakmur Tbk's current ROC (Joel Greenblatt) % is 1.91%, which is 84% below median its own 10-year median of 11.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Suryamas Dutamakmur Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Suryamas Dutamakmur Tbk (ISX:SMDM) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp301.36, compared to a current price of Rp570.00 — trading 89.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 1.91%, which is 84% below median its 10-year median of 11.91 and 84.9% below the Real Estate industry median of 12.62. PT Suryamas Dutamakmur Tbk's overall GF Score™ is 69/100 with 2 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 Suryamas Dutamakmur Tbk (ISX:SMDM), the current ROC (Joel Greenblatt) % is 1.91% 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 Suryamas Dutamakmur Tbk (ISX:SMDM) Overvalued in 2026?
Based on GuruFocus' analysis, PT Suryamas Dutamakmur Tbk stock appears to be overvalued.
The current stock price of Rp570.00 is trading 89.1% above its estimated GF Value™ of Rp301.36.
GuruFocus considers PT Suryamas Dutamakmur Tbk to be Significantly Overvalued.
Key valuation signals for ISX:SMDM:
ROC (Joel Greenblatt) %: 1.91% (84% below median its 10-year median of 11.91)
GF Value™: Rp301.36 vs. price of Rp570.00 (89.1% above fair value)
Industry Position: 84.9% below the Real Estate median (#1117 of 1751)
No single metric tells the full story. See the ISX:SMDM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Suryamas Dutamakmur Tbk is an Indonesia based company engaged in the real estate development business. The activities of the company include the sale of land and houses, and the operation of the golf course, country club, hotel, and other resort facilities. The company holds an interest in a project such as Royal Tajur, R Hotel Rancamaya, Mahogany Residence, Rancamaya Golf & Country Club and Harvest City. All the operations are functioned through the regions of Indonesia.
69GF Score
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