NIPAF (PT Nippon Indosariindo Tbk) ROC (Joel Greenblatt) %: 2.35% (As of Mar. 2026) — 86% Below Median

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NIPAF PT Nippon Indosari Corpindo Tbk NIPAF
73 GF Score
Price $0.03
GF Value $0.04
! 2 Warning Signs
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What is PT Nippon Indosariindo Tbk ROC (Joel Greenblatt) %?

PT Nippon Indosariindo Tbk NIPAF 73 ROC (Joel Greenblatt) % is 2.35% as of Mar. 2026, which is 86% below its 10-year median of 16.54. GuruFocus rates NIPAF with a GF Scoreâ„¢ of 73/100 and a GF Valueâ„¢ of $0.04. The stock has 2 warning signs investors should review. Among 1,980 Consumer Packaged Goods companies, PT Nippon Indosariindo Tbk ranks better than 55.56% 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 Nippon Indosariindo Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.35%.

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

NIPAF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.32   Med: 16.54   Max: 24.69
Current: 14.03

During the past 13 years, PT Nippon Indosariindo Tbk's highest ROC (Joel Greenblatt) % was 24.69%. The lowest was 9.32%. And the median was 16.54%.

NIPAF's ROC (Joel Greenblatt) % is ranked better than
55.56% of 1980 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs NIPAF: 14.03

PT Nippon Indosariindo Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 7.80% per year.


PT Nippon Indosariindo Tbk  (OTCPK:NIPAF) 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 Nippon Indosariindo Tbk ROC (Joel Greenblatt) % Related Terms


PT Nippon Indosariindo Tbk ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PT Nippon Indosariindo 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 Nippon Indosariindo Tbk ROC (Joel Greenblatt) % Chart

PT Nippon Indosariindo 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 16.68 22.44 18.01 19.50 14.70

PT Nippon Indosariindo 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 6.04 11.94 14.99 26.53 2.35

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

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

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

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


NIPAF
73GF Score
PT Nippon Indosari Corpindo Tbk NIPAF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Nippon Indosariindo 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)
=(29.454 + 10.061 + 1.572) - (26.018 + 0 + 5.226)
=9.843

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(29.695 + 9.524 + 4.318) - (29.981 + 0 + 7.034)
=6.522

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Nippon Indosariindo 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 )
=3.556/( ( (144.951 + max(9.843, 0)) + (141.322 + max(6.522, 0)) )/ 2 )
=3.556/( ( 154.794 + 147.844 )/ 2 )
=3.556/151.319
=2.35 %

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 2.35% mean?
PT Nippon Indosariindo Tbk (NIPAF) has a ROC (Joel Greenblatt) % of 2.35% 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 Nippon Indosariindo Tbk and its competitors. This is 86% below median its historical median of 16.54. Over the past decade, PT Nippon Indosariindo Tbk's ROC (Joel Greenblatt) % has ranged from 9.32 to 24.69. According to the industry distribution chart, PT Nippon Indosariindo Tbk ranks #880 out of 1980 companies in the Consumer Packaged Goods industry, placing it in the top 44.4%.
Is PT Nippon Indosariindo Tbk's ROC (Joel Greenblatt) % too high?
PT Nippon Indosariindo Tbk's current ROC (Joel Greenblatt) % of 2.35% is 86% below median its 10-year median of 16.54. Over the past 10 years, this metric has ranged from a low of 9.32 to a high of 24.69. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. PT Nippon Indosariindo Tbk's value of 2.35% is 80.4% below this industry median. Based on the distribution chart, PT Nippon Indosariindo Tbk ranks #880 out of 1980 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, PT Nippon Indosariindo Tbk has a GF Scoreâ„¢ of 73/100, reflecting its overall financial health beyond just this single metric.
How does PT Nippon Indosariindo Tbk's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Nippon Indosariindo Tbk ranks #880 out of 1980 companies for ROC (Joel Greenblatt) %. This puts PT Nippon Indosariindo Tbk in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. PT Nippon Indosariindo Tbk's value of 2.35% is 80.4% below this benchmark. Historically, PT Nippon Indosariindo Tbk's own ROC (Joel Greenblatt) % has ranged from 9.32 to 24.69 over the past decade. While the company's 10-year median is 16.54 vs. the industry median of 11.99, PT Nippon Indosariindo Tbk has consistently been below 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 1,980 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 Nippon Indosariindo Tbk's current ROC (Joel Greenblatt) % of 2.35% is 80.4% below 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 Nippon Indosariindo 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 Nippon Indosariindo Tbk's current ROC (Joel Greenblatt) % is 2.35%, which is 86% below median its own 10-year median of 16.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Nippon Indosariindo Tbk stock overvalued right now?
PT Nippon Indosariindo Tbk (NIPAF) has a current ROC (Joel Greenblatt) % of 2.35%. The stock's GF Value™ is $0.04, compared to a current price of $0.03 — trading 31.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 2.35%, which is 86% below median its 10-year median of 16.54 and 80.4% below the Consumer Packaged Goods industry median of 11.99. PT Nippon Indosariindo Tbk's overall GF Score™ is 73/100 with 2 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 Nippon Indosariindo Tbk (NIPAF), the current ROC (Joel Greenblatt) % is 2.35% 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 Nippon Indosariindo Tbk (NIPAF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Nippon Indosariindo Tbk stock appears to be undervalued. The current stock price of $0.03 is trading 31.3% below its estimated GF Value™ of $0.04.

Key valuation signals for NIPAF:

  • ROC (Joel Greenblatt) %: 2.35% (86% below median its 10-year median of 16.54)
  • GF Value™: $0.04 vs. price of $0.03 (31.3% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 80.4% below the Consumer Packaged Goods median (#880 of 1980)

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


PT Nippon Indosariindo Tbk Business Description

Other Exchanges ROTI:Indonesia
Address Jl. Selayar Blok A9, Kawasan Industri MM2100, Cikarang Barat, Bekasi, Jawa Barat, Bekasi, IDN, 17530
PT Nippon Indosari Corpindo Tbk is engaged in bakery and cake industry, processing of other dairy products, processing of fruit and vegetable juice, soft drink, wholesale of bakery products, wholesale of non-alcoholic non-dairy beverages, wholesale of milk and dairy products, food from chocolate and confectionery of chocolate. Its products include White Bread, Sweet Bread, Cakes, and Others. The company has three operating segments, comprising of West area, Central area and East area. The majority of the revenue is derived from the Central area.
73GF Score

Get the complete analysis for NIPAF

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

$0.03
Price
$0.04
GF Value