PTratoga Investama Sedaya Tbk (ISX:SRTG) ROC (Joel Greenblatt) %: 7,890.47% (As of Mar. 2026) — 1140% Above Median

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ISX:SRTG PT Saratoga Investama Sedaya Tbk ISX:SRTG
43 GF Score
Price Rp1,865.00
! 5 Warning Signs
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What is PTratoga Investama Sedaya Tbk ROC (Joel Greenblatt) %?

PTratoga Investama Sedaya Tbk ISX:SRTG +1.36% 43 ROC (Joel Greenblatt) % is 7,890.47% as of Mar. 2026, which is 1140% above its 10-year median of 636.21. GuruFocus rates ISX:SRTG with a GF Score™ of 43/100. The stock has 5 warning signs investors should review. Among 631 Asset Management companies, PTratoga Investama Sedaya Tbk ranks better than 93.82% 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. PTratoga Investama Sedaya Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7,890.47%.

The historical rank and industry rank for PTratoga Investama Sedaya Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:

ISX:SRTG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2059.03   Med: 636.21   Max: 5896.5
Current: 5896.5

During the past 13 years, PTratoga Investama Sedaya Tbk's highest ROC (Joel Greenblatt) % was 5896.50%. The lowest was -2059.03%. And the median was 636.21%.

ISX:SRTG's ROC (Joel Greenblatt) % is ranked better than
93.82% of 631 companies
in the Asset Management industry
Industry Median: 58.02 vs ISX:SRTG: 5896.50

PTratoga Investama Sedaya Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


PTratoga Investama Sedaya Tbk  (ISX:SRTG) 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.


PTratoga Investama Sedaya Tbk ROC (Joel Greenblatt) % Related Terms


PTratoga Investama Sedaya Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PTratoga Investama Sedaya 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.

PTratoga Investama Sedaya Tbk ROC (Joel Greenblatt) % Chart

PTratoga Investama Sedaya Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,650.68 586.89 -958.58 590.85 1,055.82

PTratoga Investama Sedaya Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -4,620.83 0.00 0.00 5,698.22 7,890.47

ISX:SRTG vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison

For the Asset Management subindustry, PTratoga Investama Sedaya 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.


PTratoga Investama Sedaya Tbk ROC (Joel Greenblatt) % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PTratoga Investama Sedaya Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PTratoga Investama Sedaya Tbk's ROC (Joel Greenblatt) % falls into.


ISX:SRTG
43GF Score
PT Saratoga Investama Sedaya Tbk ISX:SRTG
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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PTratoga Investama Sedaya 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. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(731694 + 0 + 6927) - (42760 + 0 + 4442)
=691419

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27002 + 0 + 5584) - (26503 + 0 + 3836)
=2247

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PTratoga Investama Sedaya Tbk for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=27366740/( ( (0 + max(691419, 0)) + (0 + max(2247, 0)) )/ 2 )
=27366740/( ( 691419 + 2247 )/ 2 )
=27366740/346833
=7,890.47 %

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 7,890.47% mean?
PTratoga Investama Sedaya Tbk (ISX:SRTG) has a ROC (Joel Greenblatt) % of 7,890.47% 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 PTratoga Investama Sedaya Tbk and its competitors. This is 1140% above median its historical median of 636.21. According to the industry distribution chart, PTratoga Investama Sedaya Tbk ranks #39 out of 631 companies in the Asset Management industry, placing it in the top 6.2%.
Is PTratoga Investama Sedaya Tbk's ROC (Joel Greenblatt) % too high?
PTratoga Investama Sedaya Tbk's current ROC (Joel Greenblatt) % of 7,890.47% is 1140% above median its 10-year median of 636.21. The Asset Management industry median ROC (Joel Greenblatt) % is 58.02. PTratoga Investama Sedaya Tbk's value of 7,890.47% is 13499.6% above this industry median. Based on the distribution chart, PTratoga Investama Sedaya Tbk ranks #39 out of 631 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, PTratoga Investama Sedaya Tbk has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does PTratoga Investama Sedaya Tbk's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, PTratoga Investama Sedaya Tbk ranks #39 out of 631 companies for ROC (Joel Greenblatt) %. This places PTratoga Investama Sedaya Tbk in the top 6% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 58.02. PTratoga Investama Sedaya Tbk's value of 7,890.47% is 13499.6% above this benchmark. While the company's 10-year median is 636.21 vs. the industry median of 58.02, PTratoga Investama Sedaya 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 an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 58.02, based on 631 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. PTratoga Investama Sedaya Tbk's current ROC (Joel Greenblatt) % of 7,890.47% is 13499.6% 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 PTratoga Investama Sedaya Tbk and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 58.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTratoga Investama Sedaya Tbk's current ROC (Joel Greenblatt) % is 7,890.47%, which is 1140% above median its own 10-year median of 636.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTratoga Investama Sedaya Tbk stock overvalued right now?
PTratoga Investama Sedaya Tbk (ISX:SRTG) has a current ROC (Joel Greenblatt) % of 7,890.47%. The current ROC (Joel Greenblatt) % is 7,890.47%, which is 1140% above median its 10-year median of 636.21 and 13499.6% above the Asset Management industry median of 58.02. PTratoga Investama Sedaya Tbk's overall GF Score™ is 43/100 with 5 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 PTratoga Investama Sedaya Tbk (ISX:SRTG), the current ROC (Joel Greenblatt) % is 7,890.47% 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.

PTratoga Investama Sedaya Tbk Business Description

Address Jalan. H.R. Rasuna Said Block X-5 Kav. 1-2, Menara Karya, 15th Floor, Selatan Jakarta, Jakarta, IDN, 12950
PT Saratoga Investama Sedaya Tbk is an active investment company in Indonesia. The company invests in three sectors: consumer, digital infrastructure, and renewable energy resources. Its segments include: Blue Chip companies, Digital technology companies; Growth focused companies and Others. The company invests in the growing energy sector, precious metals, technology infrastructure, healthcare products and services, specialty logistics and distribution, and the digital space.
43GF Score

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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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