PT WIR ASIA Tbk (ISX:WIRG) ROC (Joel Greenblatt) %: 39.03% (As of Jun. 2026) — Near Median

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ISX:WIRG PT WIR ASIA Tbk ISX:WIRG
92 GF Score
Price Rp63.00
GF Value Rp91.88
Valuation Significantly Undervalued
! 8 Warning Signs
View Full Analysis

What is PT WIR ASIA Tbk ROC (Joel Greenblatt) %?

PT WIR ASIA Tbk ISX:WIRG -4.55% 92 ROC (Joel Greenblatt) % is 39.03% as of Jun. 2026, which is 6% above its 10-year median of 36.89. GuruFocus rates ISX:WIRG with a GF Score™ of 92/100 and a GF Value™ of Rp91.88 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 2,819 Software companies, PT WIR ASIA Tbk ranks better than 55.05% 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 WIR ASIA Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 39.03%.

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

ISX:WIRG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.94   Med: 36.89   Max: 77.66
Current: 33.42

During the past 8 years, PT WIR ASIA Tbk's highest ROC (Joel Greenblatt) % was 77.66%. The lowest was 24.94%. And the median was 36.89%.

ISX:WIRG's ROC (Joel Greenblatt) % is ranked better than
55.05% of 2819 companies
in the Software industry
Industry Median: 20.81 vs ISX:WIRG: 33.42

PT WIR ASIA Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.70% per year.


PT WIR ASIA Tbk  (ISX:WIRG) 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 WIR ASIA Tbk ROC (Joel Greenblatt) % Related Terms


PT WIR ASIA Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT WIR ASIA 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 WIR ASIA Tbk ROC (Joel Greenblatt) % Chart

PT WIR ASIA Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 77.66 36.32 31.64 40.42 37.45

PT WIR ASIA Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 49.71 39.10 1.63 52.20 39.03

ISX:WIRG vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison

For the Information Technology Services subindustry, PT WIR ASIA 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 WIR ASIA Tbk ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, PT WIR ASIA Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ISX:WIRG
92GF Score
PT WIR ASIA Tbk ISX:WIRG
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT WIR ASIA 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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(562243.711 + 1138.043 + 179036.951) - (394293.037 + 0 + 15622.74)
=332502.928

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(672927.894 + 794.259 + 105462.647) - (404337.098 + 0 + 21480.907)
=353366.795

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT WIR ASIA Tbk for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=145114.668/( ( (33459.123 + max(332502.928, 0)) + (24331.74 + max(353366.795, 0)) )/ 2 )
=145114.668/( ( 365962.051 + 377698.535 )/ 2 )
=145114.668/371830.293
=39.03 %

Note: The EBIT data used here is four times the quarterly (Jun. 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 39.03% mean?
PT WIR ASIA Tbk (ISX:WIRG) has a ROC (Joel Greenblatt) % of 39.03% as of Jun. 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 WIR ASIA Tbk and its competitors. This is near median its historical median of 36.89. Over the past decade, PT WIR ASIA Tbk's ROC (Joel Greenblatt) % has ranged from 24.94 to 77.66. According to the industry distribution chart, PT WIR ASIA Tbk ranks #1267 out of 2819 companies in the Software industry, placing it in the top 44.9%.
Is PT WIR ASIA Tbk's ROC (Joel Greenblatt) % too high?
PT WIR ASIA Tbk's current ROC (Joel Greenblatt) % of 39.03% is near median its 10-year median of 36.89. Over the past 10 years, this metric has ranged from a low of 24.94 to a high of 77.66. The Software industry median ROC (Joel Greenblatt) % is 20.81. PT WIR ASIA Tbk's value of 39.03% is 87.6% above this industry median. Based on the distribution chart, PT WIR ASIA Tbk ranks #1267 out of 2819 companies in the Software industry, which is above the industry midpoint. Overall, PT WIR ASIA Tbk has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT WIR ASIA Tbk's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, PT WIR ASIA Tbk ranks #1267 out of 2819 companies for ROC (Joel Greenblatt) %. This puts PT WIR ASIA Tbk in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 20.81. PT WIR ASIA Tbk's value of 39.03% is 87.6% above this benchmark. Historically, PT WIR ASIA Tbk's own ROC (Joel Greenblatt) % has ranged from 24.94 to 77.66 over the past decade. While the company's 10-year median is 36.89 vs. the industry median of 20.81, PT WIR ASIA 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.81, based on 2,819 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 WIR ASIA Tbk's current ROC (Joel Greenblatt) % of 39.03% is 87.6% 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 WIR ASIA Tbk and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT WIR ASIA Tbk's current ROC (Joel Greenblatt) % is 39.03%, which is near median its own 10-year median of 36.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT WIR ASIA Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT WIR ASIA Tbk (ISX:WIRG) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp91.88, compared to a current price of Rp63.00 — trading 31.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 39.03%, which is near median its 10-year median of 36.89 and 87.6% above the Software industry median of 20.81. PT WIR ASIA Tbk's overall GF Score™ is 92/100 with 8 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 WIR ASIA Tbk (ISX:WIRG), the current ROC (Joel Greenblatt) % is 39.03% as of Jun. 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 WIR ASIA Tbk (ISX:WIRG) Overvalued in 2026?

Based on GuruFocus' analysis, PT WIR ASIA Tbk stock appears to be undervalued. The current stock price of Rp63.00 is trading 31.4% below its estimated GF Value™ of Rp91.88. GuruFocus considers PT WIR ASIA Tbk to be Significantly Undervalued.

Key valuation signals for ISX:WIRG:

  • ROC (Joel Greenblatt) %: 39.03% (near median its 10-year median of 36.89)
  • GF Value™: Rp91.88 vs. price of Rp63.00 (31.4% below fair value)
  • GF Score™: 92/100 with 8 warning signs
  • Industry Position: 87.6% above the Software median (#1267 of 2819)

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


PT WIR ASIA Tbk Business Description

Address Jalan Panjang Raya No.70, Kebon Jeruk, Jakarta, IDN, 11530
PT WIR ASIA Tbk is an Indonesia-based technology company focused on immersive technology, artificial intelligence (AI), Internet of Things (IoT), and Web 3.0 ecosystem development. The Company develops digital solutions and interactive platforms for sectors including education, commerce, tourism, and government. Its products and services include digital product sales, goods sales, promotion and advertising, software application development, brand and IT consulting, and transaction commission services through interactive platforms. The Company also develops AR, VR, AI, blockchain, metaverse, and digital retail solutions through its subsidiaries and business units.
92GF Score

Get the complete analysis for ISX:WIRG

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

Rp63.00
Price
Rp91.88
GF Value