PT Siantar Top Tbk (ISX:STTP) ROC (Joel Greenblatt) %: 76.14% (As of Mar. 2026) — 44% Above Median


ISX:STTP PT Siantar Top Tbk ISX:STTP
94 GF Score
Price Rp9,750.00
GF Value Rp10,875.56
Valuation Modestly Undervalued
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What is PT Siantar Top Tbk ROC (Joel Greenblatt) %?

PT Siantar Top Tbk ISX:STTP -0.51% 94 ROC (Joel Greenblatt) % is 76.14% as of Mar. 2026, which is 44% above its 10-year median of 52.73. GuruFocus rates ISX:STTP with a GF Score™ of 94/100 and a GF Value™ of Rp10,875.56 (Modestly Undervalued). Among 1,970 Consumer Packaged Goods companies, PT Siantar Top Tbk ranks better than 94.87% 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 Siantar Top Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 76.14%.

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

ISX:STTP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 22.54   Med: 52.73   Max: 100.42
Current: 90.23

During the past 13 years, PT Siantar Top Tbk's highest ROC (Joel Greenblatt) % was 100.42%. The lowest was 22.54%. And the median was 52.73%.

ISX:STTP's ROC (Joel Greenblatt) % is ranked better than
94.87% of 1970 companies
in the Consumer Packaged Goods industry
Industry Median: 11.985 vs ISX:STTP: 90.23

PT Siantar Top Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 14.60% per year.


PT Siantar Top Tbk  (ISX:STTP) 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 Siantar Top Tbk ROC (Joel Greenblatt) % Related Terms


PT Siantar Top Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT Siantar Top 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 Siantar Top Tbk ROC (Joel Greenblatt) % Chart

PT Siantar Top 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 55.79 51.63 72.54 100.42 91.79

PT Siantar Top 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 74.78 88.45 104.56 90.44 76.14

ISX:STTP vs KHC, GIS: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, PT Siantar Top 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 Siantar Top Tbk ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Siantar Top Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ISX:STTP
94GF Score
PT Siantar Top Tbk ISX:STTP
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Siantar Top 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)
=(649061.724 + 371360.69 + 31903.390000001) - (480835.361 + 0 + 75441.517)
=496048.926

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(489109.754 + 425895.722 + 44232.714) - (447892.447 + 0 + 45915.808)
=465429.935

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Siantar Top 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 )
=1168994.116/( ( (1059068.921 + max(496048.926, 0)) + (1050170.837 + max(465429.935, 0)) )/ 2 )
=1168994.116/( ( 1555117.847 + 1515600.772 )/ 2 )
=1168994.116/1535359.3095
=76.14 %

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 76.14% mean?
PT Siantar Top Tbk (ISX:STTP) has a ROC (Joel Greenblatt) % of 76.14% 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 Siantar Top Tbk and its competitors. This is 44% above median its historical median of 52.73. Over the past decade, PT Siantar Top Tbk's ROC (Joel Greenblatt) % has ranged from 22.54 to 100.42. According to the industry distribution chart, PT Siantar Top Tbk ranks #101 out of 1970 companies in the Consumer Packaged Goods industry, placing it in the top 5.1%.
Is PT Siantar Top Tbk's ROC (Joel Greenblatt) % too high?
PT Siantar Top Tbk's current ROC (Joel Greenblatt) % of 76.14% is 44% above median its 10-year median of 52.73. Over the past 10 years, this metric has ranged from a low of 22.54 to a high of 100.42. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. PT Siantar Top Tbk's value of 76.14% is 535.3% above this industry median. Based on the distribution chart, PT Siantar Top Tbk ranks #101 out of 1970 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PT Siantar Top Tbk has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Siantar Top Tbk's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Siantar Top Tbk ranks #101 out of 1970 companies for ROC (Joel Greenblatt) %. This places PT Siantar Top Tbk in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. PT Siantar Top Tbk's value of 76.14% is 535.3% above this benchmark. Historically, PT Siantar Top Tbk's own ROC (Joel Greenblatt) % has ranged from 22.54 to 100.42 over the past decade. While the company's 10-year median is 52.73 vs. the industry median of 11.99, PT Siantar Top 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,970 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 Siantar Top Tbk's current ROC (Joel Greenblatt) % of 76.14% is 535.3% 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 Siantar Top Tbk and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Siantar Top Tbk's current ROC (Joel Greenblatt) % is 76.14%, which is 44% above median its own 10-year median of 52.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Siantar Top Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Siantar Top Tbk (ISX:STTP) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp10,875.56, compared to a current price of Rp9,750.00 — trading 10.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 76.14%, which is 44% above median its 10-year median of 52.73 and 535.3% above the Consumer Packaged Goods industry median of 11.99. PT Siantar Top Tbk's overall GF Score™ is 94/100. 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 Siantar Top Tbk (ISX:STTP), the current ROC (Joel Greenblatt) % is 76.14% 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 Siantar Top Tbk (ISX:STTP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Siantar Top Tbk stock appears to be undervalued. The current stock price of Rp9,750.00 is trading 10.3% below its estimated GF Value™ of Rp10,875.56. GuruFocus considers PT Siantar Top Tbk to be Modestly Undervalued.

Key valuation signals for ISX:STTP:

  • ROC (Joel Greenblatt) %: 76.14% (44% above median its 10-year median of 52.73)
  • GF Value™: Rp10,875.56 vs. price of Rp9,750.00 (10.3% below fair value)
  • GF Score™: 94/100
  • Industry Position: 535.3% above the Consumer Packaged Goods median (#101 of 1970)

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


PT Siantar Top Tbk Business Description

Address Jalan Tambak Sawah No. 21-23, Waru, Sidoarjo, IDN, 61256
PT Siantar Top Tbk is a snack manufacturing company. The company is principally engaged in the manufacturing of snacks such as crackers, noodles, candies, biscuits, and wafers. The company has two operating segments include the food processing segment, from the sales of rice, crackers, biscuits, wafers, and candy, and other segments that arise from the sales of flour and seasoning. The majority of the revenue is made from the food processing segment. The company operates in three key geographic locations of food processing in Sidoarjo, Medan and Bekasi.
94GF Score

Get the complete analysis for ISX:STTP

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

Rp9,750.00
Price
Rp10,875.56
GF Value