PT Surya Semesta Internusa Tbk (ISX:SSIA) ROC (Joel Greenblatt) %: 22.06% (As of Mar. 2026) — 11% Below Median

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ISX:SSIA PT Surya Semesta Internusa Tbk ISX:SSIA
87 GF Score
Price Rp1,495.00
GF Value Rp1,126.88
Valuation Significantly Overvalued
! 7 Warning Signs
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What is PT Surya Semesta Internusa Tbk ROC (Joel Greenblatt) %?

PT Surya Semesta Internusa Tbk ISX:SSIA -0.66% 87 ROC (Joel Greenblatt) % is 22.06% as of Mar. 2026, which is 11% below its 10-year median of 24.68. GuruFocus rates ISX:SSIA with a GF Score™ of 87/100 and a GF Value™ of Rp1,126.88 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,779 Construction companies, PT Surya Semesta Internusa Tbk ranks worse than 65.32% 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 Surya Semesta Internusa Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.06%.

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

ISX:SSIA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.96   Med: 24.68   Max: 156.24
Current: 10.08

During the past 13 years, PT Surya Semesta Internusa Tbk's highest ROC (Joel Greenblatt) % was 156.24%. The lowest was 1.96%. And the median was 24.68%.

ISX:SSIA's ROC (Joel Greenblatt) % is ranked worse than
65.32% of 1779 companies
in the Construction industry
Industry Median: 19.59 vs ISX:SSIA: 10.08

PT Surya Semesta Internusa Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 22.90% per year.


PT Surya Semesta Internusa Tbk  (ISX:SSIA) 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 Surya Semesta Internusa Tbk ROC (Joel Greenblatt) % Related Terms


PT Surya Semesta Internusa Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT Surya Semesta Internusa 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 Surya Semesta Internusa Tbk ROC (Joel Greenblatt) % Chart

PT Surya Semesta Internusa 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 1.96 33.64 41.88 46.88 4.30

PT Surya Semesta Internusa 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 5.62 4.13 18.32 -6.06 22.06

ISX:SSIA vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, PT Surya Semesta Internusa 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 Surya Semesta Internusa Tbk ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, PT Surya Semesta Internusa Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PT Surya Semesta Internusa Tbk's ROC (Joel Greenblatt) % falls into.


ISX:SSIA
87GF Score
PT Surya Semesta Internusa Tbk ISX:SSIA
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Surya Semesta Internusa 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)
=(900024.58 + 825298.852 + 230056.496) - (973131.175 + 0 + 740952.024)
=241296.729

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(951561.271 + 704453.339 + 272617.724) - (872609.568 + 0 + 838623.592)
=217399.174

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Surya Semesta Internusa 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 )
=845454.228/( ( (3459124.408 + max(241296.729, 0)) + (3748079.565 + max(217399.174, 0)) )/ 2 )
=845454.228/( ( 3700421.137 + 3965478.739 )/ 2 )
=845454.228/3832949.938
=22.06 %

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 22.06% mean?
PT Surya Semesta Internusa Tbk (ISX:SSIA) has a ROC (Joel Greenblatt) % of 22.06% 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 Surya Semesta Internusa Tbk and its competitors. This is 11% below median its historical median of 24.68. Over the past decade, PT Surya Semesta Internusa Tbk's ROC (Joel Greenblatt) % has ranged from 1.96 to 156.24. According to the industry distribution chart, PT Surya Semesta Internusa Tbk ranks #1162 out of 1779 companies in the Construction industry, placing it in the top 65.3%.
Is PT Surya Semesta Internusa Tbk's ROC (Joel Greenblatt) % too high?
PT Surya Semesta Internusa Tbk's current ROC (Joel Greenblatt) % of 22.06% is 11% below median its 10-year median of 24.68. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 156.24. The Construction industry median ROC (Joel Greenblatt) % is 19.59. PT Surya Semesta Internusa Tbk's value of 22.06% is 12.6% above this industry median. Based on the distribution chart, PT Surya Semesta Internusa Tbk ranks #1162 out of 1779 companies in the Construction industry, which is below the industry midpoint. Overall, PT Surya Semesta Internusa Tbk has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Surya Semesta Internusa Tbk's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, PT Surya Semesta Internusa Tbk ranks #1162 out of 1779 companies for ROC (Joel Greenblatt) %. This places PT Surya Semesta Internusa Tbk in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.59. PT Surya Semesta Internusa Tbk's value of 22.06% is 12.6% above this benchmark. Historically, PT Surya Semesta Internusa Tbk's own ROC (Joel Greenblatt) % has ranged from 1.96 to 156.24 over the past decade. While the company's 10-year median is 24.68 vs. the industry median of 19.59, PT Surya Semesta Internusa 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.59, based on 1,779 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 Surya Semesta Internusa Tbk's current ROC (Joel Greenblatt) % of 22.06% is 12.6% 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 Surya Semesta Internusa Tbk and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Surya Semesta Internusa Tbk's current ROC (Joel Greenblatt) % is 22.06%, which is 11% below median its own 10-year median of 24.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Surya Semesta Internusa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Surya Semesta Internusa Tbk (ISX:SSIA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp1,126.88, compared to a current price of Rp1,495.00 — trading 32.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 22.06%, which is 11% below median its 10-year median of 24.68 and 12.6% above the Construction industry median of 19.59. PT Surya Semesta Internusa Tbk's overall GF Score™ is 87/100 with 7 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 Surya Semesta Internusa Tbk (ISX:SSIA), the current ROC (Joel Greenblatt) % is 22.06% 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 Surya Semesta Internusa Tbk (ISX:SSIA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Surya Semesta Internusa Tbk stock appears to be overvalued. The current stock price of Rp1,495.00 is trading 32.7% above its estimated GF Value™ of Rp1,126.88. GuruFocus considers PT Surya Semesta Internusa Tbk to be Significantly Overvalued.

Key valuation signals for ISX:SSIA:

  • ROC (Joel Greenblatt) %: 22.06% (11% below median its 10-year median of 24.68)
  • GF Value™: Rp1,126.88 vs. price of Rp1,495.00 (32.7% above fair value)
  • GF Score™: 87/100 with 7 warning signs
  • Industry Position: 12.6% above the Construction median (#1162 of 1779)

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


PT Surya Semesta Internusa Tbk Business Description

Address Jalan HR Rasuna Said Kav. 3-4 Kuningan, Tempo Scan Tower, 20th Floor, Jakarta, IDN, 12950
PT Surya Semesta Internusa Tbk is an Indonesian construction company. It operates in four segments. The Property development segment includes the development and management of industrial estates, real estate, buildings, and commercial centers. The Construction segment, which is the key revenue driver, includes general contractor services for commercial buildings, mining, and infrastructure. The hospitality segment includes the development and management of hotels and resorts, and Other Segment. The majority of the revenue is from the Construction segment.
87GF Score

Get the complete analysis for ISX:SSIA

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

Rp1,495.00
Price
Rp1,126.88
GF Value