PT Triwira Insanlestari Tbk (ISX:TRIL) ROC (Joel Greenblatt) %: -0.82% (As of Sep. 2021)

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What is PT Triwira Insanlestari Tbk ROC (Joel Greenblatt) %?

PT Triwira Insanlestari Tbk ISX:TRIL ROC (Joel Greenblatt) % is -0.82% as of Sep. 2021.

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 Triwira Insanlestari Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was -0.82%.

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

ISX:TRIL's ROC (Joel Greenblatt) % is not ranked *
in the Industrial Distribution industry.
Industry Median: 14.645
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

PT Triwira Insanlestari Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


PT Triwira Insanlestari Tbk  (ISX:TRIL) 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 Triwira Insanlestari Tbk ROC (Joel Greenblatt) % Related Terms


PT Triwira Insanlestari Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT Triwira Insanlestari 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 Triwira Insanlestari Tbk ROC (Joel Greenblatt) % Chart

PT Triwira Insanlestari Tbk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -5.27 -7.54 -3.31 -2.37 -5.09

PT Triwira Insanlestari Tbk Quarterly Data
Sep16 Dec16 Mar17 Jun17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -4.09 -4.62 0.48 -0.42 -0.82

PT Triwira Insanlestari Tbk ROC (Joel Greenblatt) % Competitor Comparison

For the Industrial Distribution subindustry, PT Triwira Insanlestari 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 Triwira Insanlestari Tbk ROC (Joel Greenblatt) % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, PT Triwira Insanlestari Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

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



PT Triwira Insanlestari 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: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5117.604 + 61765.329 + 547.07100000001) - (15624.509 + 0 + 1297.35)
=50508.145

Working Capital(Q: Sep. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5019.733 + 61765.329 + 214.89700000001) - (13295.866 + 0 + 1440.349)
=52263.744

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Triwira Insanlestari Tbk for the quarter that ended in Sep. 2021 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2021  Q: Sep. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-700.016/( ( (34611.512 + max(50508.145, 0)) + (33986.284 + max(52263.744, 0)) )/ 2 )
=-700.016/( ( 85119.657 + 86250.028 )/ 2 )
=-700.016/85684.8425
=-0.82 %

Note: The EBIT data used here is four times the quarterly (Sep. 2021) 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 -0.82% mean?
PT Triwira Insanlestari Tbk (ISX:TRIL) has a ROC (Joel Greenblatt) % of -0.82% as of Sep. 2021. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on PT Triwira Insanlestari Tbk and its competitors.
Is PT Triwira Insanlestari Tbk's ROC (Joel Greenblatt) % too high?
PT Triwira Insanlestari Tbk's current ROC (Joel Greenblatt) % is -0.82%.
How does PT Triwira Insanlestari Tbk's ROC (Joel Greenblatt) % compare to competitors?
PT Triwira Insanlestari Tbk's ROC (Joel Greenblatt) % of -0.82% can be compared against companies in the Industrial Distribution industry. The industry median ROC (Joel Greenblatt) % is 14.65. 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 Industrial Distribution company?
The median ROC (Joel Greenblatt) % among Industrial Distribution companies is 14.65, based on 158 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. 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 Triwira Insanlestari Tbk and its competitors. For the Industrial Distribution industry, the median ROC (Joel Greenblatt) % is 14.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Triwira Insanlestari Tbk's current ROC (Joel Greenblatt) % is -0.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Triwira Insanlestari Tbk stock overvalued right now?
PT Triwira Insanlestari Tbk (ISX:TRIL) has a current ROC (Joel Greenblatt) % of -0.82%. The current ROC (Joel Greenblatt) % is -0.82%. 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 Triwira Insanlestari Tbk (ISX:TRIL), the current ROC (Joel Greenblatt) % is -0.82% as of Sep. 2021. 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.

PT Triwira Insanlestari Tbk Business Description

Address Jalan Pangeran Jayakarta No. 93 BC, Jakarta Pusat, Jakarta, IDN, 10730
PT Triwira Insanlestari Tbk is an Indonesian company. It is engaged in supplying of technical, safety, and automotive equipment. The company's operating segment include Hoist and Levers, Machinery and automation and Security and Equipment. It generates maximum revenue from the Hoist and lever segment. The company operates in Jawa, East Indonesia, Sumatra, and Kalimantan Area. Some of its products include Grease Lubricator, Portable Oil Dispenser, Hand Bucket Pump, Hose Reel Series, Body Harness and others.