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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 Venteny Fortuna International Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -6.15%.
The historical rank and industry rank for PT Venteny Fortuna International Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:
ISX:VTNY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.53 Med: 1.96 Max: 2.47
Current: -1.53
During the past 5 years, PT Venteny Fortuna International Tbk's highest ROC (Joel Greenblatt) % was 2.47%. The lowest was -1.53%. And the median was 1.96%.
ISX:VTNY's ROC (Joel Greenblatt) % is ranked worse than 78.8% of 1080
companies
in the Business Services industry
Industry Median: 21.085
vs ISX:VTNY: -1.53
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.
* 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 Venteny Fortuna International Tbk ROC (Joel Greenblatt) % Chart
PT Venteny Fortuna International Tbk Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
ROC (Joel Greenblatt) %
1.96
2.47
1.52
1.97
0.56
PT Venteny Fortuna International Tbk Quarterly Data
ISX:VTNY vs KFY, RHI, TNET: ROC (Joel Greenblatt) % Comparison
For the Staffing & Employment Services subindustry, PT Venteny Fortuna International 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 Venteny Fortuna International Tbk ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, PT Venteny Fortuna International Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Venteny Fortuna International Tbk's ROC (Joel Greenblatt) % falls into.
PT Venteny Fortuna International 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 -6.15% mean?
PT Venteny Fortuna International Tbk (ISX:VTNY) has a ROC (Joel Greenblatt) % of -6.15% 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 Venteny Fortuna International Tbk and its competitors. According to the industry distribution chart, PT Venteny Fortuna International Tbk ranks #851 out of 1080 companies in the Business Services industry, placing it in the top 78.8%.
Is PT Venteny Fortuna International Tbk's ROC (Joel Greenblatt) % too high?
PT Venteny Fortuna International Tbk's current ROC (Joel Greenblatt) % is -6.15%. Based on the distribution chart, PT Venteny Fortuna International Tbk ranks #851 out of 1080 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, PT Venteny Fortuna International Tbk has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Venteny Fortuna International Tbk's ROC (Joel Greenblatt) % compare to KFY and RHI?
According to the Business Services industry distribution chart, PT Venteny Fortuna International Tbk ranks #851 out of 1080 companies for ROC (Joel Greenblatt) %. This places PT Venteny Fortuna International Tbk in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 21.09. 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 21.09, based on 1,080 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 Venteny Fortuna International Tbk and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Venteny Fortuna International Tbk's current ROC (Joel Greenblatt) % is -6.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Venteny Fortuna International Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Venteny Fortuna International Tbk (ISX:VTNY) is currently considered Possible Value Trap. The stock's GF Value™ is Rp199.62, compared to a current price of Rp63.00 — trading 68.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is -6.15%. PT Venteny Fortuna International Tbk's overall GF Score™ is 39/100 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 PT Venteny Fortuna International Tbk (ISX:VTNY), the current ROC (Joel Greenblatt) % is -6.15% 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 Venteny Fortuna International Tbk (ISX:VTNY) Overvalued in 2026?
Based on GuruFocus' analysis, PT Venteny Fortuna International Tbk stock appears to be undervalued.
The current stock price of Rp63.00 is trading 68.4% below its estimated GF Value™ of Rp199.62.
GuruFocus considers PT Venteny Fortuna International Tbk to be Possible Value Trap.
Key valuation signals for ISX:VTNY:
ROC (Joel Greenblatt) %: -6.15%
GF Value™: Rp199.62 vs. price of Rp63.00 (68.4% below fair value)
No single metric tells the full story. See the ISX:VTNY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Venteny Fortuna International Tbk Business Description
PT Venteny Fortuna International Tbk provides growth funding and human resource services. It creates technological innovations to meet employee needs through increasing employee happiness and employee engagement. The company has two business portfolios: B2B, providing productive financing to businesses and MSMEs via partnerships with financial institutions, and B2B2E, offering the VENTENY Employee Super App that gives employees access to financial services and productivity tools through their employers. The company's segment includes Other Financial Services and Other. It generates maximum revenue from the Other Financial Services segment. Income from other financial services consist of interest, administration, commissions and penalties.
39GF 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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