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PTrana Mitra Luas TBKISX:SMIL +1.89%87 ROC (Joel Greenblatt) % is 16.83% as of Mar. 2026, which is 21% above its 10-year median of 13.92. GuruFocus rates ISX:SMIL with a GF Score™ of 87/100 and a GF Value™ of Rp264.31 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,082 Business Services companies, PTrana Mitra Luas TBK ranks worse than 59.15% 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. PTrana Mitra Luas TBK's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.83%.
The historical rank and industry rank for PTrana Mitra Luas TBK's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:SMIL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.96 Med: 13.92 Max: 19.45
Current: 13.16
During the past 7 years, PTrana Mitra Luas TBK's highest ROC (Joel Greenblatt) % was 19.45%. The lowest was 12.96%. And the median was 13.92%.
ISX:SMIL's ROC (Joel Greenblatt) % is ranked worse than 59.15% of 1082
companies
in the Business Services industry
Industry Median: 21.21
vs ISX:SMIL: 13.16
PTrana Mitra Luas TBK's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.40% per year.
PTrana Mitra Luas TBK (ISX:SMIL) 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.
PTrana Mitra Luas TBK ROC (Joel Greenblatt) % Related Terms
PTrana Mitra Luas TBK ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for PTrana Mitra Luas 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.
PTrana Mitra Luas TBK ROC (Joel Greenblatt) % Chart
ISX:SMIL vs URI, SUNB, AER: ROC (Joel Greenblatt) % Comparison
For the Rental & Leasing Services subindustry, PTrana Mitra Luas 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.
PTrana Mitra Luas TBK ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, PTrana Mitra Luas TBK's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PTrana Mitra Luas TBK's ROC (Joel Greenblatt) % falls into.
PTrana Mitra Luas 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 16.83% mean?
PTrana Mitra Luas TBK (ISX:SMIL) has a ROC (Joel Greenblatt) % of 16.83% 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 PTrana Mitra Luas TBK and its competitors. This is 21% above median its historical median of 13.92. Over the past decade, PTrana Mitra Luas TBK's ROC (Joel Greenblatt) % has ranged from 12.96 to 19.45. According to the industry distribution chart, PTrana Mitra Luas TBK ranks #640 out of 1082 companies in the Business Services industry, placing it in the top 59.1%.
Is PTrana Mitra Luas TBK's ROC (Joel Greenblatt) % too high?
PTrana Mitra Luas TBK's current ROC (Joel Greenblatt) % of 16.83% is 21% above median its 10-year median of 13.92. Over the past 10 years, this metric has ranged from a low of 12.96 to a high of 19.45. The Business Services industry median ROC (Joel Greenblatt) % is 21.21. PTrana Mitra Luas TBK's value of 16.83% is 20.7% below this industry median. Based on the distribution chart, PTrana Mitra Luas TBK ranks #640 out of 1082 companies in the Business Services industry, which is below the industry midpoint. Overall, PTrana Mitra Luas TBK has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PTrana Mitra Luas TBK's ROC (Joel Greenblatt) % compare to URI and SUNB?
According to the Business Services industry distribution chart, PTrana Mitra Luas TBK ranks #640 out of 1082 companies for ROC (Joel Greenblatt) %. This places PTrana Mitra Luas TBK in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 21.21. PTrana Mitra Luas TBK's value of 16.83% is 20.7% below this benchmark. Historically, PTrana Mitra Luas TBK's own ROC (Joel Greenblatt) % has ranged from 12.96 to 19.45 over the past decade. While the company's 10-year median is 13.92 vs. the industry median of 21.21, PTrana Mitra Luas 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.21, based on 1,082 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. PTrana Mitra Luas TBK's current ROC (Joel Greenblatt) % of 16.83% is 20.7% 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 PTrana Mitra Luas TBK and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTrana Mitra Luas TBK's current ROC (Joel Greenblatt) % is 16.83%, which is 21% above median its own 10-year median of 13.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTrana Mitra Luas TBK stock overvalued right now?
Based on GuruFocus' analysis, PTrana Mitra Luas TBK (ISX:SMIL) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp264.31, compared to a current price of Rp324.00 — trading 22.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 16.83%, which is 21% above median its 10-year median of 13.92 and 20.7% below the Business Services industry median of 21.21. PTrana Mitra Luas TBK's overall GF Score™ is 87/100 with 6 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 PTrana Mitra Luas TBK (ISX:SMIL), the current ROC (Joel Greenblatt) % is 16.83% 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 PTrana Mitra Luas TBK (ISX:SMIL) Overvalued in 2026?
Based on GuruFocus' analysis, PTrana Mitra Luas TBK stock appears to be overvalued.
The current stock price of Rp324.00 is trading 22.6% above its estimated GF Value™ of Rp264.31.
GuruFocus considers PTrana Mitra Luas TBK to be Modestly Overvalued.
Key valuation signals for ISX:SMIL:
ROC (Joel Greenblatt) %: 16.83% (21% above median its 10-year median of 13.92)
GF Value™: Rp264.31 vs. price of Rp324.00 (22.6% above fair value)
Industry Position: 20.7% below the Business Services median (#640 of 1082)
No single metric tells the full story. See the ISX:SMIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Sarana Mitra Luas TBK is a forklift rental company with a total fleet of more than 3,000 units. Apart from rental, It also provides other material handling solutions such as selling and servicing forklifts. The company only has two business segments, namely forklift sales and rent services generating the majority revenue.
87GF Score
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